Business

Office Market

Market Talk: How is the Office Market Developing?

The fundamentals of the Budapest office market are seen as strong with low vacancy and high occupational demand. The Budapest...

Office Market

Leasing of Váci Greens Building F ahead of time

An international service provider will rent around 4,000 square meters of office space with additional expansion areas in Building F...

Telco

SPB Investment names premium banking director

Sándor Szabó, former head of MKB Private Banking, will continue his career as premium banking director of SPB Investment, according...

Automotive

Hungarians waiting for EV prices to fall

About 60% of Hungarians would be happy to switch to driving electronic cars, should they received a favorable offer, with...

Incubators

Swedish team wins Brain Bar Blastoff startup contest

Swedish team Happy at Work triumphed at the Brain Bar Blastoff startup competition with their solution to measure workplace satisfaction,...

Automotive

State of own auto common reason for car rental

One of the most significant motivations for renting a car is often concerns about the condition of oneʼs own vehicle,...

Deals

Govʼt Bond Plus sales reach HUF 529 bln in first week

Retail investors bought HUF 529 billion of Hungarian Government Bond Plus (MÁP Plusz) securities between June 3 and June 7,...

Competition

Association suggests additional insurance for holidays

The Association of Independent Insurance Brokers (FBAMSZ) suggests all Hungarian travelers take out extra insurance for summer holidays even if...

Industrial

South Buda City Center development to start in Újbuda

Negotiations are underway for a comprehensive city development project in District 11, with planned state and private developments resulting in...

Retail

Kapitány wins European Convenience Industry Leader of the Year

Shellʼs Hungarian global executive vice president István Kapitány has been recognized as European Convenience Industry Leader of the Year by the...

Pharma

Continental to start making dandelion-based cycling tires

Continental will start manufacturing bicycle tires where the fluids found in dandelion will replace natural rubber as the main ingredient,...

Retail

Lukoil CEO sees tainted oil compensation at USD 15 per barrel

A discount of not more than USD 15 per barrel of crude would be fair compensation for buyers affected by...

Telco

Banking sector profits down as costs rise, fewer provisions released

Combined first-quarter after-tax profits of Hungarian banks fell 16% year-on-year to HUF 135 billion as operating costs rose and fewer...

Office Market

Szervita Square Building: Perfect Office and Retail Hub

Straddling between being the most modern structure in downtown Budapest and fitting into a historic urban environment, Szervita Square Building...

Competition

More Tasks, Fewer Resources Impact Corporate Law

The legal departments of companies need to optimize their operational model in order to meet the needs of the management...

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...