Business

Deals

Csányi tops Hungary rich list

OTP Bank Chairman-CEO Sándor Csányi leads this yearʼs list of the "100 Richest" Hungarians with wealth of HUF 360 billion,...

Retail

Spar launches online shop

Retail chain Spar has announced the launch of its online shop, with home delivery services available in Budapest and 49...

Automotive

András Sávos named new DUIHK president

The German-Hungarian Chamber of Industry and Commerce (DUIHK) has elected András Sávos as its new president, who will follow in...

Sustainability

Real estate prices to keep rising – GKI

Real estate prices are set to rise in every category in the next 12 months in Hungary, with prices of...

Automotive

Industrial output up 8% in March

In March 2019, the volume of industrial output - both in raw terms and according to working day-adjusted figures -...

Transport

Wizz Air opens early check-in desk

Hungarian budget airline Wizz Air has opened an early check-in desk at Budapestʼs Ferenc Liszt International Airport, facilitating the process...

Deals

HUF 1.6 bln earmarked for cycle path upgrade

Budapest Mayor István Tarlós has announced that the central government will match HUF 800 million in funding that will support...

Office Market

Wing acquires Liget Center

Real estate developer and investor Wing has announced the purchase of the Liget Center office building next to Városliget (City...

Incubators

Agrarian solution wins at Szeged IoT Hackathon

T-Systems Hungary, Kitchen Budapest (KiBu), and the University of Szeged organized a 24-hour IoT Hackathon in Szeged on April 26-27,...

Sustainability

Home loan outlays jump in March

Hungarian banks signed contracts for HUF 76.3 billion of new home loans in March, 26.5% more than in the same...

Deals

Kravtex-Kühne Group to present new bus model

Hungaryʼs Kravtex-Kühne Group will add a new, domestically developed low-emission bus model, the Credobus Inovell 13+, to its product line,...

Telco

Corporate lending stock of Hungarian banks up in March

The corporate lending stock of Hungarian banks rose in March from the previous month mainly due to transactions, show fresh...

Incubators

V4 Startup Force kicks off

V4 Startup Force, supported by the International Visegrád Fund, starts today, aimed at boosting the expansion and regional relations of...

Sustainability

Home buyers favor Districts 9, 11 and 13 – Duna House

In the capital, the highest number of new apartments last year was built in District 9, followed by Districts 11...

Sustainability

Győr leads way in home construction

There were 653 homes built in the city of Győr (121 kilometers northwest of Budapest) in 2018, the most in...

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...