Business

Retail

TDK Hungary winds up HUF 1 bln R&D project

Japanese-owned TDK Hungary Components Kft. said on Tuesday it has wound up a HUF 1.03 billion research, development and innovation...

Incubators

Dubai startup incubator awaits Hungarian applicants

The newly launched incubation program of Dubai-based FasterCapital awaits Hungarian applicants as well, with chosen projects receiving up to HUF...

Deals

Plus bond stock exceeds HUF 1.4 tln

Retail investors subscribed for HUF 94.7 billion of Hungarian Government Securities Plus (MÁP Plusz) bonds in the eighth week since...

Automotive

Audi Győr starts Q3 Sportback serial production

The local unit of German carmaker Audi started serial production of its Audi Q3 Sportback model in Győr (NW Hungary)...

Competition

Hungary ahead of region in digital tech usage – EY

Hungarians are the best prepared in the CEE region when it comes to utilizing new technological solutions, according to research...

Deals

Marketing communications director named at NNG

Navigation and infotainment systems company NNG has announced the appointment of Orsolya Ludvig as marketing communications director, effective from September,...

Retail

Auchan to introduce self-checkout tills

French multinational retail group Auchan is set to introduce self-checkout at seven locations in Hungary this year, with the rest...

Telco

MTB bids to take over Takarék Commercial Bank

Magyar Takarékszövetkezeti Bank (MTB) on Thursday submitted a bid to Takarék Mortgage Bank to purchase the 51% stake it holds...

Deals

WWF: Better water management needed for Tisza River Basin

The Tisza River Basin is in need of urgent water management initiatives according to the World Wide Fund for Nature...

Retail

Richter, Hikma sign license and supply agreement for cariprazine

Hungarian drugmaker Gedeon Richter and U.K. peer Hikma Pharmaceuticals said on Thursday they have signed an exclusive license agreement to...

Fintech

Hungarian to lead Mastercard Europe product development and innovation

Hungarian Milán Gauder has been appointed head of Mastercard Europeʼs product development and innovation unit, according to a press release...

Transport

Wizz Air Youth Challenge applications open

Hungarian budget airline Wizz Air has announced this yearʼs "Wizz Air Youth Challenge" competition, looking for innovative ideas from university...

Office Market

Budapest office market vacancies hit record low

The vacancy rate on the Budapest office market fell to a record low of 6.3% in Q2 2019, with the...

Telco

Duna House pays HUF 250 dividend/share

Duna House will pay shareholders a HUF 250.64 dividend per share on eligible series “A” ordinary shares for the 2018...

Pharma

Audi Hungaria announces HUF 41 bln expansion

German car maker Audi will spend HUF 41 billion to expand its vehicle manufacturing infrastructure, engine development center and electric...

Appointments

Hera Cuku Named Managing Director of Lilly Hungary

Eli Lilly has appointed Hera Cuku as managing director of Lilly Hungária Kft., bringing international leadership experience and a scientific...

Pharma

From Youth-led Ideas to Decision-Makers’ Table: A Day Revolving Around the Future of Hungarian Science and Healthcare

How can Hungary become a regional hub for clinical trials? Young physicians, researchers, and biotech innovators spent a morning tackling...

Business

Finding the Circularity Hotspot – The Latest Issue of the BBJ

Irén Márta, managing director of the Business Council for Sustainable Development in Hungary, says “circularity has outgrown its role as...

Industrial

PSS Expands Hungarian Capacity Serving BMW, Mercedes and Others

Premium Sound Solutions is expanding its Hungarian manufacturing footprint with a new purpose-built plant at LogStar Park Fehérvár in Szabadbattyán...

Business

Budapest’s District VI Adopts Outdoor Advertising Ban to Protect Historic Streetscape

Budapest’s District VI council approved a ban on outdoor advertising Thursday in order to protect Terézváros’ historic streetscape and reduce...

Futureal Acquires Hungary’s Largest Outlet Center

Futureal has acquired Premier Outlet Budapest, Hungary’s largest outlet center, as it expands its Hungarian operations into direct investment in...

Revolut Links Service Disruption to Google Cloud Outage

Revolut has attributed its Oct. 20 service disruption to a Google Cloud outage, telling customers that normal operations were restored...

Serbia Says MOL Deal for NIS Stake Signed; MOL Reports No Disclosure Update

A contract for MOL’s acquisition of a stake in Serbian oil and gas company NIS from Russia’s Gazprom Neft has...

Citi Appoints Zoltán Schwardy as Country Officer and Banking Head for Hungary

Citi has announced the appointment of Zoltán Schwardy as Citi country officer (CCO) and banking head for Hungary, effective Sept....

Budapest Office Vacancy Rises to 13.1% as Leasing Demand Falls Year-on-Year

Budapest’s office vacancy rate rose to 13.1% in the third quarter of 2026, while total leasing demand fell 9% year-on-year,...

Hera Cuku Named Managing Director of Lilly Hungary

Eli Lilly has appointed Hera Cuku as managing director of Lilly Hungária Kft., bringing international leadership experience and a scientific...

Revolut Users Report Disruptions to Payments, Transfers and Currency Exchange

Revolut users experienced problems with several services on Tuesday morning, including card payments, transfers and currency exchange, Hungarian fintech portal...

From Youth-led Ideas to Decision-Makers’ Table: A Day Revolving Around the Future of Hungarian Science and Healthcare

How can Hungary become a regional hub for clinical trials? Young physicians, researchers, and biotech innovators spent a morning tackling...

Finding the Circularity Hotspot – The Latest Issue of the BBJ

Irén Márta, managing director of the Business Council for Sustainable Development in Hungary, says “circularity has outgrown its role as...

Hungary Among EU’s Most Expensive Countries for Mobile Services

A European Commission study comparing 2024 consumer telecom prices across the EU found that Hungary is among the most expensive...

PSS Expands Hungarian Capacity Serving BMW, Mercedes and Others

Premium Sound Solutions is expanding its Hungarian manufacturing footprint with a new purpose-built plant at LogStar Park Fehérvár in Szabadbattyán...

Wizz Air Enters Winter With Fuel Hedges and Record Summer Traffic

Discount airline Wizz Air is preparing for winter with more than EUR 2.2 billion in liquidity and fuel hedges covering...

Older Small Cars Rise in Price as Hungary’s Budget Used-Car Supply Shrinks

Suzuki Swift asking prices rose 25.8% year-on-year in September as the share of used cars below HUF 2.5 mln shrank,...

Budapest’s District VI Adopts Outdoor Advertising Ban to Protect Historic Streetscape

Budapest’s District VI council approved a ban on outdoor advertising Thursday in order to protect Terézváros’ historic streetscape and reduce...

Lake Balaton Cycling Upgrades to Add Wider Paths and New Bridges

Nearly 20 km of the Lake Balaton cycling circuit will be renovated under two programs financed through EU and domestic...