Business

Sustainability

Demand continues to rise on real estate market

The real estate market in Hungary kept on rolling in the early part of 2019, with a high number of...

Construction

Construction output up 48% in February

The volume of construction output, based on raw data, was 48% higher in February 2019 than a year earlier, show...

Deals

Hungarian Fashion and Design Agency produces industry strategy

The state-owned Hungarian Fashion and Design Agency has completed the working draft of a strategy to boost the local creative...

Industrial

Airport City Logistic Park: new phase success

The E-F hall is the newest “big-box” building of CPI Property Group’s Airport City Logistics Park, completion of which will...

Competition

Schoenherr CEE experts advise Telenor on sale of regional assets to PPF Group

The Hungarian media has been abuzz with reports about major telecom acquisitions since last year. One of the major transactions...

Competition

Customer complaints registers may need change due to GDPR

According to new GDPR-related legislation approved by the Hungarian parliament on April 1, businesses may have to tear out parts...

Competition

How ICT and AI can Help aid Human Resources

How digital technology, artificial intelligence and big data transform the HR toolbox was the main topic of a new monthly...

Competition

Robust Mobile Network Anticipates 5G Launch

Boasting a mobile network of outstanding quality by European and global comparison, Hungary is at the brink of a huge...

Retail

SMART Conference: Banks Told to ‘Think Big’

The cream of the crop of Hungarian innovators gathered at the annual SMART Conference to gain an overview of the...

Sustainability

Raiffeisen Closes Solid Year, Predicts Stable GDP Growth

Raiffeisen Hungary’s analysts predict stable growth for the Hungarian economy, after the bank closed a strong year with a profit...

Office Market

Atenor to Start 1st Buda Office Project

Belgium-based Atenor has acquired a 5,000 sqm plot for the development of its latest project in District III on Bécsi...

Office Market

Wing Breaks Ground on Evosoft Hungary Headquarters

Wing has broken ground on the 21,400 sqm headquarters it is building for evosoft Hungary Kft., one of the largest...

Ecosystem

Metropolitan University sees applicant numbers jump

The number of students applying at Metropolitan University Budapest (METU) grew by 11% last year, well above the national higher...

Deals

Budapest edition of Monopoly to be launched

A special Budapest edition of the famous real estate board game Monopoly is coming to stores this year, featuring a...

Automotive

Automotive sector output up 10% in February

Vehicle manufacturing output in Hungary rose 10% year-on-year in February, beating the overall increase in industrial output, state news wire...

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...