Business

Deals

Asset Classes: Investment in Luxury Goods

In this sixth and final article in a series on asset classes, Sergey Glekov and Les Nemethy examine luxury goods...

Deals

Government Security Plus sales pass HUF 1 tln in 4 weeks

Retail investors bought more than HUF 1 trillion of Hungarian Government Security Plus (MÁP Plusz) papers in the first four...

Pharma

Inzi Controls to invest HUF 14.8 bln in Komárom

South Koreaʼs Inzi Controls is investing HUF 14.8 billion in building a battery plant for electric vehicles in Komárom (NW...

Competition

Price of ‘lightning chargers’ to be set after test period

According to a report by daily newspaper Népszava, the use of 50 kW DC electric vehicle chargers and 43 kW...

Retail

Giro d’Italia announces Hungary stages

The organizers of the Giro d’Italia, one of Europe’s three cycling Grand Tours, have announced details of the starting stages...

Deals

AutoWallis increases capital at subsidiary

Holding company AutoWallis, listed in the Equities Prime category of the Budapest Stock Exchange (BÉT), has increased the capital of...

Automotive

Noise requirement may boost EV popularity

Starting from July 1, new EVs will need to be fitted with noise generators in order to be registered, thanks...

HR

Telekom creates new format to tackle global challenges

Deutsche Telekom announced a new creative format, Telekom Shift, which it says will promote the culture of participation and break silos....

Telco

Hungary gross wages climb 9% in April

The average gross wage for full-time workers in Hungary rose 9.0% year-on-year to HUF 371,131 in April, the Central Statistical...

Retail

Hungarian youths entrepreneurial, confident in financial matters – study

The majority of Hungary’s youths plan on starting their own business and claim high pay and flexible workhours are the...

Innovation

Hungarian teenagers launch app against food waste

Three Hungarian secondary school students have launched the world’s first online food sharing application, dubbed “FoodOverflow,” which helps to reduce...

Competition

Easyling wins trial: Boston jury rejects trademark claims

Easyling, a Hungarian startup providing translation services, has won a lawsuit against its competitor Smartling after a Boston jury unanimously...

Office Market

CPI first to support new accessibility initiative

CPI Hungary is the first business in Hungary to receive certification from Access4You, which aims to make buildings accessible for...

Telco

Tax Cuts and Growth Incentives in Next Year’s Budget

A number of tax cuts and incentives to boost growth are in the focus of the 2020 draft budget that...

Telco

Govʼt modifies resolution on sale of interconnector project firm

A government resolution published in the official gazette Magyar Közlöny modifies the terms of the sale of state-owned Magyar Gáz...

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...