Business

Retail

Palatinus, Dagály and Paskál lidos open beach season

This year’s "beach" season will start this Saturday, April 27, with the opening of the Palatinus, Dagály and Paskál lidos,...

Pharma

Budapest-Belgrade rail contract to be signed by May 25

The tender to upgrade the Hungarian section of the rail line between Budapest and Belgrade has been won by a...

Retail

Recruitment Market Talk: Expertise Still Trumps Tech

Personalized messages are necessary to stick out from the crowd and to reach the right candidates on the labor market....

Pharma

Despite IT Aides, Humans Still Rule Recruitment

Although the recruitment industry appears to be a slow adapter of the latest technological innovations, openness to such tools can...

Deals

Blue- and White-collar Employees Harder to Find

While some sectors appear to carry the right amount of talent supply, others face a serious labor shortage in Hungary,...

Incubators

Time to Train Your Mind for Change

Today’s labor market is changing at such a fast pace that even conservative estimates predict the elimination of half of...

HR

Digital Talent Conference Shows how to Attract new Generations

A joint chamber Digital Talent Conference has shed light on the issue of attracting and keeping the right people in...

Retail

Could AI be Hungary’s Secret Fast Track?

Automation can bring higher added-value jobs to the country and ease the labor shortage. SMEs need to apply more of...

Industrial

Low Vacancy Continues in Budapest Office Market

Total supply in the Budapest office market has reached around 3.63 million sqm according to the Budapest Research Forum, consisting...

Automotive

Industry Seems Resilient to Deteriorating Global Trends

Following a relatively slow start to the year, Hungary’s industry had come to life again by the second month of...

Retail

Owner of hdiShop acquires clothing peer Dressa.hu

ZV-Impex Kereskedelmi Bt., the owner of hdiShop, has acquired Dressa.hu, resulting in the creation of one of the largest, 100%...

Telco

Richter shareholders approve HUF 100 per-share dividend

Shareholders of Hungarian drugmaker Gedeon Richter approved a proposal to pay a HUF 100 per-share dividend on last yearʼs earnings...

Incubators

Number of startup investments skyrockets in Hungary

The European startup market achieved records in terms of both the number and volume of investments in 2018, with the...

Pharma

Revenue of 77 Elektronika triples in five years

Hungarian-owned medical equipment manufacturer 77 Elektronika had nearly HUF 31 billion revenue last year, a more than threefold rise in...

Sustainability

Cordia inks loan deals to finance city projects

Residential real estate developer Cordia has announced loan deals to the total value of HUF 27.7 billion with OTP Bank,...

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...