Business

Innovation

Share of Daily Internet Users in Hungary Reaches 88%

The share of Hungarians who use the internet every day reached 88% in 2023, a survey of digital society by...

Deals

GLS Acquires Hungary’s iLogistic

Parcel service provider GLS on Tuesday announced the acquisition of Hungarian e-commerce fulfillment company iLogistic, according to a report by...

HR

Slovenia Jobless Rate at 3.2% in May

Slovenia's unemployment rate came in at 3.2% at the end of May, down from 3.3% in April, according to data...

Manufacturing

Polish Manufacturing Sector Remains Subdued

Poland's manufacturing Purchasing Managers' Index (PMI) was unchanged from May's seven-month low of 45.0 in June, survey data from S&P...

Automotive

AutoWallis Enters Czech Vehicle Retail Market

The AutoWallis Group has entered the Czech vehicle retail market after successfully closing the purchase of Stratos Auto’s three BMW...

Logistics

HelloParks PT2 in Páty Receives Occupancy Permit

HelloParks’ PT2 hall in Páty has received its occupancy permit, making the company the third largest industrial real estate developer...

Retail

Croatia Retail Sales Growth Eases in May

Retail sales growth in Croatia slowed to 8.4% year-on-year in May, from 8.6% rise in the previous month, data from...

Telco

4iG Signs MoU on Fiber Network JV With Telecom Egypt

Listed Hungarian ICT company 4iG on Monday announced the signing of a memorandum of understanding with Telecom Egypt on the...

Transport

New Railway Technical Regulations Being Prepared

A new Hungarian railway technical regulation that is more modern, more uniform and harmonized with EU regulations is being prepared,...

Manufacturing

Battery Production Contribution to GDP Set to Double

The contribution of battery production to Hungary's GDP could double after investments in the pipeline start up, National Economy Minister...

Interview

VLG’s Secrets to Success in the Cable Industry

László Vető, CEO of VLG Cables Hungary, discusses the key to the company’s success in the cable industry, revealing how...

Automotive

Hungarians Spend 5 Hours a Week on Average in Their Autos

Hungarian auto owners use their vehicles for barely five hours a week, as revealed by a survey conducted by Magyar...

Automotive

New Record for Domestic Used Auto Market in April

An estimated record 80,900 autos changed hands in Hungary in April, 21% more than in 2023, acccording to data provider...

Automotive

Hungary’s Automobile Production Set to Surpass the One Million Mark Soon

The slowdown in electric vehicle sales is temporary, and stakeholders are ready to embrace competition. However, collaboration among the entire...

Automotive

‘In Automotive Projects, Only Change is Permanent.’

Two of the leading architects and project managers from Óbuda Group talk exclusively with the Budapest Business Journal about what...

Innovation

Share of Daily Internet Users in Hungary Reaches 88%

The share of Hungarians who use the internet every day reached 88% in 2023, a survey of digital society by...

Deals

GLS Acquires Hungary’s iLogistic

Parcel service provider GLS on Tuesday announced the acquisition of Hungarian e-commerce fulfillment company iLogistic, according to a report by...

HR

Slovenia Jobless Rate at 3.2% in May

Slovenia's unemployment rate came in at 3.2% at the end of May, down from 3.3% in April, according to data...

Manufacturing

Polish Manufacturing Sector Remains Subdued

Poland's manufacturing Purchasing Managers' Index (PMI) was unchanged from May's seven-month low of 45.0 in June, survey data from S&P...

Automotive

AutoWallis Enters Czech Vehicle Retail Market

The AutoWallis Group has entered the Czech vehicle retail market after successfully closing the purchase of Stratos Auto’s three BMW...

Logistics

HelloParks PT2 in Páty Receives Occupancy Permit

HelloParks’ PT2 hall in Páty has received its occupancy permit, making the company the third largest industrial real estate developer...

Retail

Croatia Retail Sales Growth Eases in May

Retail sales growth in Croatia slowed to 8.4% year-on-year in May, from 8.6% rise in the previous month, data from...

Telco

4iG Signs MoU on Fiber Network JV With Telecom Egypt

Listed Hungarian ICT company 4iG on Monday announced the signing of a memorandum of understanding with Telecom Egypt on the...

Transport

New Railway Technical Regulations Being Prepared

A new Hungarian railway technical regulation that is more modern, more uniform and harmonized with EU regulations is being prepared,...

Manufacturing

Battery Production Contribution to GDP Set to Double

The contribution of battery production to Hungary's GDP could double after investments in the pipeline start up, National Economy Minister...

Interview

VLG’s Secrets to Success in the Cable Industry

László Vető, CEO of VLG Cables Hungary, discusses the key to the company’s success in the cable industry, revealing how...

Automotive

Hungarians Spend 5 Hours a Week on Average in Their Autos

Hungarian auto owners use their vehicles for barely five hours a week, as revealed by a survey conducted by Magyar...

Automotive

New Record for Domestic Used Auto Market in April

An estimated record 80,900 autos changed hands in Hungary in April, 21% more than in 2023, acccording to data provider...

Automotive

Hungary’s Automobile Production Set to Surpass the One Million Mark Soon

The slowdown in electric vehicle sales is temporary, and stakeholders are ready to embrace competition. However, collaboration among the entire...

Automotive

‘In Automotive Projects, Only Change is Permanent.’

Two of the leading architects and project managers from Óbuda Group talk exclusively with the Budapest Business Journal about what...

Share of Daily Internet Users in Hungary Reaches 88%

The share of Hungarians who use the internet every day reached 88% in 2023, a survey of digital society by...

GLS Acquires Hungary’s iLogistic

Parcel service provider GLS on Tuesday announced the acquisition of Hungarian e-commerce fulfillment company iLogistic, according to a report by...

Slovenia Jobless Rate at 3.2% in May

Slovenia's unemployment rate came in at 3.2% at the end of May, down from 3.3% in April, according to data...

Polish Manufacturing Sector Remains Subdued

Poland's manufacturing Purchasing Managers' Index (PMI) was unchanged from May's seven-month low of 45.0 in June, survey data from S&P...

AutoWallis Enters Czech Vehicle Retail Market

The AutoWallis Group has entered the Czech vehicle retail market after successfully closing the purchase of Stratos Auto’s three BMW...

HelloParks PT2 in Páty Receives Occupancy Permit

HelloParks’ PT2 hall in Páty has received its occupancy permit, making the company the third largest industrial real estate developer...

Croatia Retail Sales Growth Eases in May

Retail sales growth in Croatia slowed to 8.4% year-on-year in May, from 8.6% rise in the previous month, data from...

4iG Signs MoU on Fiber Network JV With Telecom Egypt

Listed Hungarian ICT company 4iG on Monday announced the signing of a memorandum of understanding with Telecom Egypt on the...

New Railway Technical Regulations Being Prepared

A new Hungarian railway technical regulation that is more modern, more uniform and harmonized with EU regulations is being prepared,...

Battery Production Contribution to GDP Set to Double

The contribution of battery production to Hungary's GDP could double after investments in the pipeline start up, National Economy Minister...

VLG’s Secrets to Success in the Cable Industry

László Vető, CEO of VLG Cables Hungary, discusses the key to the company’s success in the cable industry, revealing how...

Hungarians Spend 5 Hours a Week on Average in Their Autos

Hungarian auto owners use their vehicles for barely five hours a week, as revealed by a survey conducted by Magyar...

New Record for Domestic Used Auto Market in April

An estimated record 80,900 autos changed hands in Hungary in April, 21% more than in 2023, acccording to data provider...

Hungary’s Automobile Production Set to Surpass the One Million Mark Soon

The slowdown in electric vehicle sales is temporary, and stakeholders are ready to embrace competition. However, collaboration among the entire...

‘In Automotive Projects, Only Change is Permanent.’

Two of the leading architects and project managers from Óbuda Group talk exclusively with the Budapest Business Journal about what...