Business

Industrial

Industrial Developers Opting for Speculative Projects

The development of the Budapest industrial market continues to be impeded by a limited supply of Western standard logistics space....

Incubators

Serving up Inventory Solutions With Drones

Hungarian startup Aeriu innovates the way inventory management is carried out via drones, with interest on the rise for its...

Deals

Buy OTP and MOL in 2019, Equilor Says

Amid slowing economic growth and rising inflation foreseen for Hungary in 2019, equity investors are in search of the next...

Office Market

Office Supply Expected to Fall Despite Landmark Developments

Office demand in the Budapest office market has continued to boom, with vacancy falling despite the highest new supply recorded...

Deals

Uncertainties fail to stunt M&A market – Allen & Overy

International law firm Allen & Overy’s freshly released “Global Trends in Private M&A” report says that political uncertainty is not...

Incubators

CEE no longer ‘Wild East’ of startup scene

The Central and East European region is no longer the "Wild East," but serves as an important, growing part of...

Deals

OTP agrees to acquire SocGen unit in Moldova

OTP Bank said Wednesday it has agreed to acquire an 87.85% stake in MobiasBanca, the Moldovan unit of Franceʼs Société...

Office Market

Wing acquires Infopark buildings

Real estate developer Wing has announced the acquisition of multiple buildings in Budaʼs Infopark from Lone Star Funds - Hudson...

HR

Careless employees pose greatest cyber risk, EY says

Nearly 80% of firms in Hungary were affected by some kind of cybersecurity incident in recent months, with successful attacks...

Deals

Noerr appoints associated partner at Budapest office

Full-service law firm Noerr has announced the appointment of Viktor Füzi as associated partner at its Budapest office, according to...

Deals

E-marketplace for express delivery firms launches

Startup fuvar.hu has launched an online marketplace for express delivery companies in Hungary, according to a report by state news...

Deals

ReneSola secures financing for projects in Hungary, Poland

China-based solar project developer ReneSola Ltd. has announced it has closed a bridge finance deal with the Eiffel Energy Transition...

Incubators

MOL Freshhh competition reaches conclusion

The teams "Road to Buda" from France and "Snelle Planga" from the Netherlands won the 12th edition of "Freshhh," Hungarian...

Telco

Hauni Hungaria invests HUF 5.7 bln in Pécs

German-owned Hauni Hungaria, which makes machinery for the tobacco industry, will invest HUF 5.7 billion at its base in Pécs...

Retail

Entrepreneurs Must Dream and get Real

I live on a graveyard, metaphorically speaking, at least regarding retail outlets. Iʼve lost count of the shops, cafes and...

Real Estate

Shopping Development Dominated by Refurbishment and Retail Parks

Shopping center development remains constrained across Hungary and the CEE region given concerns about the economic environment, spending power, and...

Industrial

Growing Predominance of BTS in Industrial Development

Analysts see fewer speculative industrial development project starts, while built-to-suit projects, particularly in regional hubs in the production sector, have...

Real Estate

Optimism on Stage, Reality in the Market: Is European Real Estate Really Recovering?

The recent Portfolio Property Investment Forum in Budapest and Expo Real in Munich offered two contrasting perspectives on the commercial...

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...

Shopping Development Dominated by Refurbishment and Retail Parks

Shopping center development remains constrained across Hungary and the CEE region given concerns about the economic environment, spending power, and...

Geely Leads Interest in Chinese Car Brands Newly Launched in Hungary

Geely attracted the most interest among Chinese car brands entering Hungary this year, according to January-September data from used car...

Growing Predominance of BTS in Industrial Development

Analysts see fewer speculative industrial development project starts, while built-to-suit projects, particularly in regional hubs in the production sector, have...

Netlock Appoints George Tilesch to Lead AI and Global Strategy

Hungarian digital trust services provider Netlock has appointed Hungarian-American AI expert Dr. George Tilesch to its senior leadership team, effective...

Optimism on Stage, Reality in the Market: Is European Real Estate Really Recovering?

The recent Portfolio Property Investment Forum in Budapest and Expo Real in Munich offered two contrasting perspectives on the commercial...

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...