Business

Retail

Hungary’s e-tail sector expands fast

Hungary’s e-tail market has expanded by more than 150% in four years, with several analysts underestimating last year’s growth, as...

Telco

Palkovics: state must play role in 5G networks rollout

The state must play a role in building the countryʼs 5G telecommunications networks, Minister for Innovation and Technology László Palkovics...

Transport

Wizz Air to start daily flights to Dubai from Budapest in October

Hungarian low-cost airline Wizz Air is planning to increase its weekly number of flights to Dubai from twice to seven...

Deals

Jászai takes 32% of 4iG, soon to make offer for more

Under an agreement with investor Lőrinc Mészáros, fellow investor Gellért Jászai has acquired a 32.02% stake in listed IT company...

Deals

Change at the top at Liberty Global Eastern Europe

Liberty Global has announced that Eric Tveter, its Eastern European Group CEO, will leave the multinational telecoms firm, with Robert...

Deals

Two new Sushi Time kiosks open in Budapest

Slovakian brand Sushi Time has opened its second and third kiosks in Budapest, Cushman & Wakefield, the real estate advisor...

Sustainability

Lakeside real estate prices skyrocket

Towns around Lake Balaton have real estate prices similar to those in Budapest, with Balatonfüred being the most expensive, according...

Retail

Hungarians slowly turning towards online banking

While Hungarians generally trust traditional banks, an increasing number of people would be keen on using financial institutions accessible only...

Innovation

Sparking app offers new means of modern parking

New Hungarian app Sparking recognizes oneʼs car through its most important external characteristics, offering not only modern parking solutions but...

Competition

Trade of MKB Bank shares starts today

Trade of MKB Bank shares will start on the Budapest Stock Exchange on Monday, a resolution by the bourseʼs CEO...

Telco

Banking sector liquidity fell in May – MNB

Forint liquidity of Hungaryʼs banking sector fell in May from a month earlier, which was mainly reflected in a decrease...

Competition

Hungary last in National Energy and Climate Plans ranking

Hungary has been ranked last in terms of its National Energy and Climate Plans (NECPs) by the European Federation for...

Construction

Construction output up 40% in April

Output of Hungaryʼs construction sector climbed 40.1% year-on-year in April, show monthly data released by the Central Statistical Office (KSH)...

Office Market

Szerémi Office Building to be modernized

The Szerémi Office Building, recently purchased by Wing, will be modernized in order to make it competitive with new offices...

Transport

Wizz Air offers fan flights to Euro 2020 qualifier in Cardiff

Hungarian discount airline Wizz Air will launch two special fan flights to the Hungarian national soccer teamʼs last qualifying match...

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...