Business

Deals

Raiffeisen sets eyes on Budapest Bank

Raiffeisen Bank is prepared to make an offer for state-owned Budapest Bank, Raiffeisen Bank International (RBI) press officer Ingrid Krenn-Ditz...

Deals

Hoós to head EY Hungaryʼs financial services risk management

Big Four professional services firm EY has announced the appointment of János Hoós as associate partner, leading EY Hungaryʼs financial...

Telco

MOL shareholders approve dividend

Shareholders of Hungarian oil and gas company MOL approved a proposal to pay a HUF 142.5 per-share dividend on last...

Incubators

Design Terminal spring mentoring begins with 10 startups

Incubation agency Design Terminal has announced the teams taking part in its spring mentoring, with seven local and three Nordic...

Interview

Policy guidance hindered by strong inflation risks – MNB

The Monetary Council of the National Bank of Hungary (MNB) agreed at its monthly policy meeting in March that uncertainty...

Retail

Pinball Museum marks 5th anniversary with charity donations

The Budapest Pinball Museum, one of the most popular museums in the capital according to Tripadvisor, has announced the celebration...

Incubators

Startup Safari ’Networking’ tickets on sale at half price

Due to huge demand, the Budapest Business Journal is offering special "Networking" tickets with a 50% discount for Startup Safari,...

Deals

IMF raises GDP growth forecast for Hungary

The International Monetary Fund (IMF) has raised its projection for Hungaryʼs GDP growth this year to 3.6% in its fresh...

Telco

MTel shareholders approve HUF 25 per-share dividend

Shareholders of Magyar Telekom approved a proposal to pay a HUF 25 per-share dividend on last yearʼs earnings at an...

Interview

EC carries out surprise cartel inspection at Elios

Inspectors from the European Commission (EC) carried out a surprise inspection of five Hungarian firms in March, including controversial lighting...

Interview

Probe of PMʼs son-in-law wider than originally announced

The European Commission has a broader investigation into the business activities of the Hungarian prime minister’s son-in-law than was originally...

Telco

AutoWallis blames WLTP for lower profits

After-tax profit of Budapest Stock Exchange-listed car dealer AutoWallis fell 58% to HUF 0.8 billion last year, an audited earnings...

Retail

Sopron Plaza renovation enters next phase

The renovation of the Sopron Plaza shopping mall, in the northwest Hungarian city of Sopron, is set to enter a...

Incubators

AerinX named among top 10 aircraft maintenance innovators

Organizers of one of the worldʼs leading events for the aircraft maintenance industry, MRO Americas in Atlanta, U.S., have chosen...

Telco

Deficit 14.2% of full-year target at end of March

Hungaryʼs general government, excluding local councils, ran a HUF 141.9 billion deficit at the end of March, the Ministry of...

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...