Business

Retail

Foxpost Says Will Turn Profitable Within Months as E-commerce Grows

Hungary’s largest automated parcel terminal operator Foxpost is set to turn profitable in a few months’ time, the company’s CEO...

Industrial

Industrial Demand in Central Europe Continues to Rise

The Central European industrial and logistics market is continuing to record high demand, reflecting the indicators in the wider European...

Competition

Online personal loan market expansion ahead: EY

Thanks to a change in regulations, the online personal loan market in Hungary is set to expand considerably in the...

Industrial

Low Availability Limits Market Growth

The low availability of contiguous industrial space in the Budapest area and rising demand has resulted in record low vacancy...

Deals

Waberer’s Seeks Route Back to the Fast Lane

With its bright yellow tractors and deep blue trailers, Wabererʼs trucks are a common sight on highways across Hungary and...

Retail

Linde Looking to Continue Double Digit Growth in Hungary

Germany-founded Linde has been active in Hungary’s industrial gas market since 1992, when it acquired a state-owned operation. The company...

Automotive

Vehicle Telematics Solutions from Hungary to South America

Inventure Automotive, a vehicle telematics solutions company with a growing number of international clients, is looking to expand and develop....

Competition

92% of Hungarian CEOs say Finding Right Talent has Become Increasingly Difficult

CEOs’ confidence in both the global and Hungarian economic growth is “subdued” compared to last year, according to the eighth...

Office Market

Foundation stone of evosoft HQ laid

The foundation stone of the future headquarters of evosoft Hungary Kft., one of the largest software houses in Hungary, and...

Telco

Avg. gross earnings at HUF 343,500 in January

In January 2019, average gross earnings amounted to HUF 343,500, and average net earnings without tax benefits to HUF 228,400,...

Office Market

Tenants Keep Requirements High in a Booming Office Market

The office property sector has seen the vacancy rate dropping to record lows. Tenants are still, however, raising the bar...

Deals

Terrán introduces solar roof tile, fourth plant

Fully Hungarian-owned roof tile maker Terrán Tetőcserép Gyártó Kft. has announced its 2019 plans, featuring the building of its fourth...

Deals

Privátbankár rewards best fund managers

Privátbankár.hu presented its Klasszis 2019 awards to the best fund management professionals in the domestic profession for the sixth year...

Sustainability

Growing Number of Investors Drawn to MIPIM

The 30th annual MIPIM commercial property expo on the Cote d’Azur is a barometer of how the different commercial property...

Transport

Ryanair to launch six new flights from Budapest

Irish low-cost airline Ryanair is launching flights to six new destinations from Budapest in its 2019 winter timetable, to Catania...

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...