Business

Pharma

Móra and Líra to take over 24 Alexandra bookstores

Janikovszky és Kolosi, a joint venture established by the owners of publishers Móra and bookstore chain Líra, will take over...

Ecosystem

U.S. urges Hungarian government to suspend ‘lex CEU’ amendment

The United States has called on to the Hungarian government to suspend a recently passed amendment on higher education, commonly...

Telco

Gov’t clears procurement of MÁV-built IC+ carriages

The Hungarian government has cleared the passenger unit of state-owned railway company MÁV to procure HUF 45.4 billion of IC+...

Incubators

Hungarian enterprises discover the joys of doing business in Austria

Neighboring Austria attracts businesses from abroad with several incentives, and now Hungarian startups have the chance to gain a foothold...

Industrial

CPI Hungary acquires 113,000 sqm portfolio

Luxembourg-based CPI Property Group has expanded its portfolio by acquiring a total of 265,000 square meters of retail and office...

Interview

Ad-hoc demo sparked by Áder’s signing ‘lex CEU’

An ad-hoc demonstration was sparked late Monday night in the wake of the signing by Hungary’s President János Áder of...

Transport

Wizz Air announces three new flights from Budapest

Hungary’s low-cost airline Wizz Air has announced the launch of three new flights from Budapest this week, connecting the capital...

Automotive

KSH confirms 2.7% industrial output growth in February

Hungary’s industrial output rose by 2.7% in February, compared to the same month a year earlier, the Central Statistical Office...

Competition

IT Underperformance Across Hungarian Business Results in Almost EUR 500 Million in Lost Productivity

Coleman Parkes conducted research on behalf of Epson about the usage of IT systems of small- and medium-sized businesses in...

Competition

Diversity, Understanding and Embracing Competition

Telenor CEO Alexandra Reich talks to the Budapest Business Journal about her management style, the highly competitive Hungarian telco market,...

Telco

Hunent to build HUF 12 bln waterfowl processing plant

Hungarian waterfowl processing company Hunent will build a HUF 12.5 bln duck processing plant through a greenfield investment in Mélykút,...

Competition

MKB General Insurance receives HUF 3 mln fine

MKB General Insurance has been fined HUF 3 million by the National Bank of Hungary (MNB) on charges of engaging...

Automotive

Dana lays cornerstone of fourth plant in Hungary

The Hungarian subsidiary of U.S.-based Dana Light Vehicle Driveline Technologies laid the cornerstone Wednesday of a gear plant it is...

Telco

Groupama Biztosító premium revenues up 4% in 2016

Hungarian insurer Groupama Biztosítóʼs revenue from premiums rose 4.3% to HUF 97.4 billion last year, the unit of Franceʼs Groupama...

Office Market

Otis moves HQ into CityZen Offices

Otis Felvonó Kft., the Hungarian subsidiary of the international elevator firm, is moving its 870 sqm headquarter into to CityZen...

Residential

Buyers Push Back against Overpriced Homes as Market Shifts

Hungary's housing market grew more polarized in Q3 2026, according to OTP Ingatlanpont , with Budapest home prices reaching affordability...

Pharma

Pharmaceutical Logistics: From Reliable Support to Strategic Partnership

Pharmaceutical logistics now encompasses much more than warehousing and transportation. László Dene, deputy CEO for business at Hungaropharma Zrt., discusses...

Pharma

Pharmaceutical Logistics Moves Toward Full Automation

Competitiveness in pharma logistics increasingly depends on digitalization, automation, and quality assurance alongside scale, Andor Nagy, deputy CEO for logistics...

Pharma

Advancing the Conversation on Ovarian Cancer

Javier Aracil, AbbVie’s general manager for the Adriatics and Hungary, reflects on how greater awareness, continued innovation and collaboration across...

Real Estate

Hotel Sector Growing With Rising Tourism Numbers

The hotel sector is becoming an ever more popular development and investment option, with the Hungarian capital attracting a rising...

Most Hungarian Construction Firms Expect Revenue Decline in 2026

Approximately 60% of Hungarian construction companies expect their revenue to fall in 2026, according to a recent survey by industry...

Hungary Retail Sales Rise 4.3% in September as Non-Food Spending Leads Growth

Hungary’s retail sales volume rose 4.3% year-on-year in September 2026, driven by growth in non-food and automotive fuel sales, according...

Buyers Push Back against Overpriced Homes as Market Shifts

Hungary's housing market grew more polarized in Q3 2026, according to OTP Ingatlanpont , with Budapest home prices reaching affordability...

MOL Gets U.S. Clearance for Preparatory Steps in NIS Acquisition

MOL has received a U.S. sanctions license authorizing certain preparatory transactions related to its potential acquisition of a stake in...

Revolut Valuation Reaches USD 115 bln After Fundraising

Revolut has completed a fundraising transaction valuing the company at USD 115 billion, following a series of banking launches and...

MSD Hungary Managing Director Sean R. Smith to Take Global Role

Sean R. Smith will conclude his assignment as managing director of MSD Hungary at the end of 2026 and move...

Magyar Telekom Q3 Profit Rises 7.5% as Revenue Grows

Magyar Telekom’s Q3 net income rose 7.5% year-on-year to HUF 59.5 bln, supported by similar revenue growth. The company reaffirmed...

Pharmaceutical Logistics: From Reliable Support to Strategic Partnership

Pharmaceutical logistics now encompasses much more than warehousing and transportation. László Dene, deputy CEO for business at Hungaropharma Zrt., discusses...

Pharmaceutical Logistics Moves Toward Full Automation

Competitiveness in pharma logistics increasingly depends on digitalization, automation, and quality assurance alongside scale, Andor Nagy, deputy CEO for logistics...

Wizz Air Luton–Sofia Flight Diverted to Budapest After Bomb Threat

A Wizz Air flight from London Luton to Sofia was diverted to Budapest after receiving a bomb threat during the...

Pirelli Cinturato Winter 3 Takes Top Honors in European Tests

As winter approaches, drivers face a familiar question: which tires can provide dependable performance when road conditions start to change?...

Advancing the Conversation on Ovarian Cancer

Javier Aracil, AbbVie’s general manager for the Adriatics and Hungary, reflects on how greater awareness, continued innovation and collaboration across...

Hotel Sector Growing With Rising Tourism Numbers

The hotel sector is becoming an ever more popular development and investment option, with the Hungarian capital attracting a rising...

Hungary’s First Mr D.I.Y. Store to Open at Köki Alongside Popeyes

Budapest’s Köki shopping center will welcome Hungary’s first Mr D.I.Y. store and the country’s fourth Popeyes restaurant in November. Footwear...