Business

Logistics

Business confidence up, consumer confidence down in May – GKI

Economic research institute GKIʼs combined gauge of consumer and business confidence rose 1.4 points to 4.3 in May, rising after...

Sustainability

Hungary M&A value drops to USD 3.35 bln in 2018

The value of Hungarian mergers and acquisitions fell 17% year-on-year to an estimated USD 3.35 billion in 2018, data compiled...

Office Market

Etele Plaza, Business One developments enter next phase

The Etele Plaza mall and Budapest One Business Park are set to enter the next phase of development in South...

Retail

Hungarian doors, windows in Reykjavík Marriott Hotel

KAV Hungária, a Hungarian company, is involved in providing the doors and windows solutions of the Marriott Hotel being built...

Incubators

Demium Startups to open Budapest office in June

Spanish startup incubator Demium Startups will open an office in Budapest this June, offering new opportunities to talented Hungarian entrepreneurs,...

Retail

500,000th Suzuki Vitara Rolled off in Esztergom

The most popular choice amongst Hungarian car buyers has been a favorite of all generations since its release. Magyar Suzuki...

Automotive

Car-sharing Continues to Grow Hungarian Market

Car-sharing is supposed to complement rather than offer an alternative to transport in the city. Still at an early stage,...

Automotive

Honda’s Electric Vision

Honda’s “Electric Vision”, renewed and emboldened at the 2019 Geneva Motor Show, is for 100% of the brand’s European sales...

Automotive

Looking to Continue Cruising in Top Gear, Despite Road Bumps

The automotive sector in Hungary, so often tagged the “engine” of the local economy, reached its highest rate in March...

Retail

Coop store chainʼs revenues up 4% in 2018

Revenues of Hungarian supermarket chain Coop rose about 4% to HUF 627 billion last year, the company said on Wednesday...

Automotive

Plugging Into an Electrically Chargeable Future

Anyone driving an electric car across Hungary is much better off now than they were two years ago: they don’t...

Deals

V4 sign declaration to build high-speed rail link

Government officials from the Czech Republic, Hungary, Poland and Slovakia (collectively the Visegrád Four, or V4 Group) signed a declaration...

Deals

From a New York Trip to Chatbots Spanning Continents

Talk-A-Bot is an innovative Hungarian chatbot service provider with a growing clientele of large enterprises and ambitious ideas to spread...

Pharma

SMG inaugurates HUF 5 bln expansion in Hungary

Indian automotive industry supplier Samvardhana Motherson Group (SMG) inaugurated a HUF 5 billion expansion at its base in Túrkeve (SE...

Office Market

Ecodome Awarded ’Platinum’ Certification

The 5,000 sqm Ecodome office, located close to the Castle District, has become the third Budapest office complex to be...

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...