Business

Deals

Terrán wins MagyarBrands award for 5th time

Fully Hungarian-owned roof tile maker Terrán has managed to win a MagyarBrands award for the fifth consecutive time in the...

Incubators

Ashton Kutcher invests in Hungaryʼs Bitrise

The Hollywood American actor and investor Ashton Kutcher, together with the founder of Hungaryʼs Oktogon Ventures investment fund, has put...

HR

Two Hungarian startups feature at London event

Hungarian startups Codecool and Talentuno were present at Europeʼs largest HR tech event "UNLEASH," hosted at the ExCeL convention center...

Industrial

BILK Logisztikai revenue exceeds EUR 12 mln in 2018

BILK Logisztikai Nyrt., which owns one of the biggest intermodal logistics parks in Budapest, had revenue of more than EUR...

Automotive

Industrial output growth better than expected in February

In February 2019, the volume of industrial output grew by 5.9% year-on-year, with the working day-adjusted index being equal to...

Ecosystem

2 Hungarian universities make University Impact Rankings

Two of Hungary’s universities have been named in the recent University Impact Rankings compiled by Times Higher Education (THE), qubit.hu...

Transport

Qatar Airways introduces additional flights to Budapest

Qatar Airways will increase its service to Budapest by adding four additional flights to Hungary’s capital city, starting Saturday (August...

Deals

Dirk Gerkens leaves TV2

Commercial television channel TV2 announced Wednesday that its CEO, Dirk Gerkens, is leaving the station by mutual agreement, according to...

Sustainability

Households borrow net HUF 16.5 bln in February

Households borrowed a net HUF 16.5 billion from Hungarian lenders in February, data published by the National Bank of Hungary...

Telco

Net corporate outlays reach HUF 105 bln in February

Hungarian lendersʼ net outlays to the corporate sector reached HUF 105 billion in February, data released by the National Bank...

Automotive

New passenger car registrations up 4.9% in March

New passenger car registrations in Hungary rose 4.9% year-on-year to 13,391 in March, according to a report by Carinfo.hu....

Retail

Pöttyös launches diet version of classic ’Túró Rudi’

Hungarian brand Pöttyös has announced the newest addition to its diet-friendly "Fitt" product line, a Túró Rudi bar with a...

Retail

VCC Live Pay offers debt collection by phone

As a number of firms try to incorporate phone-based payments into their operations, Hungaryʼs VCC Live Pay is offering immediate...

Telco

2018 general deficit confirmed at 2.2% of GDP, under target

Hungaryʼs general government deficit - calculated according to EU accrual-based accounting rules - came to 2.2% of GDP last year,...

Deals

Logistics Sector Sluggish in Adopting High-Tech Solutions

As much as technological innovations take all sectors by the storm, disrupting how we think about processes down to their...

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...