Business

Telco

Magyar Telekom board proposes HUF 25 per-share dividend

The board of Magyar Telekom has formally proposed payment of a HUF 25 per-share dividend on last yearʼs earnings in...

Telco

Value of bank card purchases climbs more than one-fifth

The value of purchases made in Hungary with domestically issued bank cards rose 21% year-on-year to HUF 1,547.5 billion in...

Telco

MOL board to propose HUF 142.5 per-share dividend

The board of Hungarian oil and gas company MOL will propose to shareholders payment of a HUF 142.5 per-share dividend...

Sustainability

Every fourth buyer seeking first home – Duna House

Despite rising real estate prices on the domestic market, the proportion of young people looking to buy their first home...

Office Market

Market Talk: Flexible Working, Digital Support a Must in High Value-added Industries

In a recent episode of “The way we work”, a TED Talk video series where thinkers offer practical wisdom and...

Telco

K&H Reports Strong Year’s Growth

With record profits and some innovations unique to the Hungarian market, K&H Bank ended a last year with a strong...

Retail

FinTech to Help Onboarding and the art of Conversation

A Hungarian IT firm says it has next generation banking solutions to reinvent both digital onboarding and customer service for...

Transport

Sri Lankan-backed Hungarian Airline Taxiing for Takeoff

A Sri Lankan-based company with a 50-year history in tourism is launching what it calls “the newest Hungarian airline to...

Sustainability

Hungary Showcased at MIPIM

In response to the need to better promote the country the Municipality of Budapest, the Hungarian Investment Promotion Agency and...

Sustainability

CEE Investment Volumes Continue to Rise

CEE investment volumes have continued to rise, albeit at a slower rate. Local capital is dominating the Hungarian and Czech...

Construction

Construction output up nearly 30% y-o-y in January

Output of Hungaryʼs construction sector rose 29.1% year-on-year in January, the Central Statistical Office (KSH) revealed on Thursday. Output of...

Incubators

Startup Safari Budapest in April

The Startup Safari festival will be held in Budapest for the fourth time this April 17-19, offering participants a chance...

Deals

BDPST Group prepares to renovate Adria Palace

After buying a significant portion of the property, developer the BDPST Group is set to conduct a complex renovation of...

Automotive

Automotive output outpaces industrial growth in January

Vehicle and vehicle parts manufacturing output in Hungary rose 4.8% year-on-year in January, beating the overall 4.4% monthly rise in...

Office Market

Wing launches Gizella Loft office project

Developer Wing Zrt. has announced the launch of the Gizella Loft, a brand-new office project at Siemensʼ Gizella út site...

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...