Business

Office Market

Budapest office vacancy rate near record low – BRF

The Budapest Research Forum (BRF), which comprises CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary, says...

Telco

Clasman wins HUF 660 mln EU funding

Hungarian company Clasman has won European Union funding of almost HUF 662 million to develop multifunctional portable buildings, according to...

Logistics

Business confidence down, consumer confidence up in April

Economic research institute GKIʼs Economic Sentiment Index, its combined gauge of consumer and business confidence, fell 3.3 points to 2.9...

Sustainability

Demand growing for homes above HUF 100 mln

In todayʼs booming property market, homes with a price tag in the HUF 100-200 million range are in high demand,...

Telco

Duna House shares hit record height

Shares in real estate agency Duna House, listed in the Equities Prime category of the Budapest Stock Exchange (BÉT), climbed...

Deals

Takarék Group to launch universal commercial unit in May

Hungarian banking group Takarék Group will launch its new universal commercial bank unit Takarékbank on May 6, the group told...

Deals

John McLaughlin: Guitarist who set World on its Ear

Talk to legendary guitarist, bandleader and composer John McLaughlin and what shines through right away is his lust for life....

Pharma

Pepco to set up logistics base near capital

Discount apparel and household products retailer Pepco, subsidiary of South African based investment company Pepkor, will set up a HUF...

Deals

New partner appointments at Process Solutions

Independent accounting business Process Solutions Kft. (PS) has announced the appointment of four new partners, within the framework of an...

Retail

Szeged donates to Notre-Dame reconstruction

Following the fire that partly destroyed Notre-Dame Cathedral in Paris, one of the national symbols of France, the Municipality of...

Deals

CIB Lízing appoints new CEO

CIB Lízing Group has announced the appointment of Csaba Fekete as its new CEO as part of ongoing structural reorganization,...

Deals

József Vida in talks to acquire TV2

Hungarian banker and businessman József Vida is in advanced talks, through an agent, on the acquisition of commercial television broadcaster...

Sustainability

Commercial property investments reach EUR 1.8 bln in 2018

The value of commercial real estate investments in Hungary rose 4% to EUR 1.82 billion last year, the National Bank...

Deals

OTP eyes three more banks, then break

OTP Bank wants to acquire three more banks in the region, after which it will take a break from a...

HR

MTel named ‘most attractive workplace’ in sector

Magyar Telekom was named the "most attractive workplace" in the telecommunications sector, based on independent employer brand research, at the...

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...