Business

Retail

Retail Sales Fall 6.5% y.o.y. in October

In October 2023, the volume of retail trade in both raw and calendar-adjusted data was 6.5% lower than in the...

Innovation

Dr. Rose Ends Year With Renewal and Expansion

Dr. Rose Private Hospital held its end-of-year reception for its partners on December 6 at its Széchényi tér building. The...

Manufacturing

Romanian Producer Prices Fall in October

The producer prices in Romania dropped 2.22% year-on-year in October, following a marginally revised 0.42% decline in the prior month,...

Manufacturing

TDK Hungary Components Investing HUF 3.5 bln in Energy Upgrades

Japanese-owned TDK Hungary Components is investing HUF 3.5 billion in energy upgrades with support from the state, Minister of Foreign...

Deals

Indotek Group Selling Stake in Waberer’s

Hungary's Indotek Group will sell its shares in listed Hungarian hauler Waberer's International, Waberer's said in an announcement posted on...

Innovation

Hungarian Companies Participate in EU Cloud Computing Project

The Hungarian companies 4iG and E-Group ICT Software are among 19 businesses participating in a European Union project to support...

Manufacturing

Coca-Cola HBC Hungary Inaugurates Production Line in Dunaharaszti

Coca-Cola HBC Hungary inaugurated its newest, ultra-modern production line in Dunaharaszti on Tuesday in the presence of Minister of Foreign...

Deals

Gránit Bank, Óbuda Uni Enter Strategic Cooperation

Gránit Bank and Óbuda University have entered into a strategic cooperation, the university announced yesterday, according to profitline.hu....

Manufacturing

Estonian Industrial Output Shrinks at Softer Pace in Oct

Estonia's industrial production shrank at a softer 12.2% year-on-year in October, following an upwardly revised 13% fall in the previous...

Automotive

BorgWarner Investing HUF 25 bln in Oroszlány

U.S. automotive industry supplier BorgWarner will invest HUF 25 billion at its base in Oroszlány (70 km west of Budapest),...

Deals

Wolf Theiss Advises Kyoto Group on HaaS Delivery to Kall Ingredients

Wolf Theiss Budapest has acted as lead legal counsel to Kyoto Group during the contractual phase of the project to...

Manufacturing

Bulgaria Producer Prices Drop Again in October

Producer prices in Bulgaria fell for the seventh consecutive month to 20.1% year-on-year in October, from a 24.3% drop in...

Residential

Hungary Home Sales Climb 10% in November

Home sales in Hungary rose 10% year-on-year to 8,800 in November, a monthly estimate by listed real estate broker Duna...

Automotive

Motorists Pay HUF 52,599 in Annual Vehicle Insurance Premiums

Hungarian motorists paid almost HUF 52,500 for their annual compulsory vehicle insurance premiums, on average, in the third quarter, according...

Interview

UniCredit Predictions on Growth, Inflation and EUR/HUF

The Budapest Business Journal sat down with Dan Bucsa, chief CEE economist of UniCredit Group, the Hungarian bank’s chief economist,...

Retail

Retail Sales Fall 6.5% y.o.y. in October

In October 2023, the volume of retail trade in both raw and calendar-adjusted data was 6.5% lower than in the...

Innovation

Dr. Rose Ends Year With Renewal and Expansion

Dr. Rose Private Hospital held its end-of-year reception for its partners on December 6 at its Széchényi tér building. The...

Manufacturing

Romanian Producer Prices Fall in October

The producer prices in Romania dropped 2.22% year-on-year in October, following a marginally revised 0.42% decline in the prior month,...

Manufacturing

TDK Hungary Components Investing HUF 3.5 bln in Energy Upgrades

Japanese-owned TDK Hungary Components is investing HUF 3.5 billion in energy upgrades with support from the state, Minister of Foreign...

Deals

Indotek Group Selling Stake in Waberer’s

Hungary's Indotek Group will sell its shares in listed Hungarian hauler Waberer's International, Waberer's said in an announcement posted on...

Innovation

Hungarian Companies Participate in EU Cloud Computing Project

The Hungarian companies 4iG and E-Group ICT Software are among 19 businesses participating in a European Union project to support...

Manufacturing

Coca-Cola HBC Hungary Inaugurates Production Line in Dunaharaszti

Coca-Cola HBC Hungary inaugurated its newest, ultra-modern production line in Dunaharaszti on Tuesday in the presence of Minister of Foreign...

Deals

Gránit Bank, Óbuda Uni Enter Strategic Cooperation

Gránit Bank and Óbuda University have entered into a strategic cooperation, the university announced yesterday, according to profitline.hu....

Manufacturing

Estonian Industrial Output Shrinks at Softer Pace in Oct

Estonia's industrial production shrank at a softer 12.2% year-on-year in October, following an upwardly revised 13% fall in the previous...

Automotive

BorgWarner Investing HUF 25 bln in Oroszlány

U.S. automotive industry supplier BorgWarner will invest HUF 25 billion at its base in Oroszlány (70 km west of Budapest),...

Deals

Wolf Theiss Advises Kyoto Group on HaaS Delivery to Kall Ingredients

Wolf Theiss Budapest has acted as lead legal counsel to Kyoto Group during the contractual phase of the project to...

Manufacturing

Bulgaria Producer Prices Drop Again in October

Producer prices in Bulgaria fell for the seventh consecutive month to 20.1% year-on-year in October, from a 24.3% drop in...

Residential

Hungary Home Sales Climb 10% in November

Home sales in Hungary rose 10% year-on-year to 8,800 in November, a monthly estimate by listed real estate broker Duna...

Automotive

Motorists Pay HUF 52,599 in Annual Vehicle Insurance Premiums

Hungarian motorists paid almost HUF 52,500 for their annual compulsory vehicle insurance premiums, on average, in the third quarter, according...

Interview

UniCredit Predictions on Growth, Inflation and EUR/HUF

The Budapest Business Journal sat down with Dan Bucsa, chief CEE economist of UniCredit Group, the Hungarian bank’s chief economist,...

Retail Sales Fall 6.5% y.o.y. in October

In October 2023, the volume of retail trade in both raw and calendar-adjusted data was 6.5% lower than in the...

Dr. Rose Ends Year With Renewal and Expansion

Dr. Rose Private Hospital held its end-of-year reception for its partners on December 6 at its Széchényi tér building. The...

Romanian Producer Prices Fall in October

The producer prices in Romania dropped 2.22% year-on-year in October, following a marginally revised 0.42% decline in the prior month,...

TDK Hungary Components Investing HUF 3.5 bln in Energy Upgrades

Japanese-owned TDK Hungary Components is investing HUF 3.5 billion in energy upgrades with support from the state, Minister of Foreign...

Indotek Group Selling Stake in Waberer’s

Hungary's Indotek Group will sell its shares in listed Hungarian hauler Waberer's International, Waberer's said in an announcement posted on...

Hungarian Companies Participate in EU Cloud Computing Project

The Hungarian companies 4iG and E-Group ICT Software are among 19 businesses participating in a European Union project to support...

Coca-Cola HBC Hungary Inaugurates Production Line in Dunaharaszti

Coca-Cola HBC Hungary inaugurated its newest, ultra-modern production line in Dunaharaszti on Tuesday in the presence of Minister of Foreign...

Gránit Bank, Óbuda Uni Enter Strategic Cooperation

Gránit Bank and Óbuda University have entered into a strategic cooperation, the university announced yesterday, according to profitline.hu....

Estonian Industrial Output Shrinks at Softer Pace in Oct

Estonia's industrial production shrank at a softer 12.2% year-on-year in October, following an upwardly revised 13% fall in the previous...

BorgWarner Investing HUF 25 bln in Oroszlány

U.S. automotive industry supplier BorgWarner will invest HUF 25 billion at its base in Oroszlány (70 km west of Budapest),...

Wolf Theiss Advises Kyoto Group on HaaS Delivery to Kall Ingredients

Wolf Theiss Budapest has acted as lead legal counsel to Kyoto Group during the contractual phase of the project to...

Bulgaria Producer Prices Drop Again in October

Producer prices in Bulgaria fell for the seventh consecutive month to 20.1% year-on-year in October, from a 24.3% drop in...

Hungary Home Sales Climb 10% in November

Home sales in Hungary rose 10% year-on-year to 8,800 in November, a monthly estimate by listed real estate broker Duna...

Motorists Pay HUF 52,599 in Annual Vehicle Insurance Premiums

Hungarian motorists paid almost HUF 52,500 for their annual compulsory vehicle insurance premiums, on average, in the third quarter, according...

UniCredit Predictions on Growth, Inflation and EUR/HUF

The Budapest Business Journal sat down with Dan Bucsa, chief CEE economist of UniCredit Group, the Hungarian bank’s chief economist,...