Business

Sustainability

Historic Krausz Palota Renovation now Approaching Completion

The modernization of the Krausz Palota at Andrássy út 12 is nearing completion. The listed building was acquired in 2019...

Interview

Record Investments Booked for 2022, With Chance to Beat it in 2023

Six months into his tenure as CEO of the Hungarian Investment Promotion Agency, the Budapest Business Journal had its first...

Pharma

Pécs Uni, Richter Partner on Cryo-EM Center

The University of Pécs is acquiring a cryogenic electron microscope and setting up a cryo-EM competency center at a cost...

Incubators

ESA Technology Broker: Space Industry Solves Challenges of Everyday Life

The Technology Broker program of the European Space Agency (ESA) emphasizes: space technology helps companies that operate in other industries....

Transport

Egypt Raises Order of Hungarian Rolling Stock to EUR 1.1 bln

Egypt's state-owned railway company has added another 50 carriages to a 1,300-unit order from a Hungarian consortium, raising the value...

Manufacturing

Poland Factory Activity Sustains Contraction in January

Poland's manufacturing Purchasing Managers' Index, or PMI, rose to 47.5 in January 2023 from 45.6 in December, survey data from...

Fintech

Corvex Winds up Virtual Bank Card Project

Hungarian software developer Corvex has wound up a HUF 275 million project to develop a flexible and secure payment platform...

Manufacturing

Gov’t Steps in to Make Payroll for Troubled Dunaferr

The government has decided to cover payroll for troubled steel maker Dunaferr for a period of six months, Prime Minister...

Residential

Hungary Home Sales Fall 46% in January

Listed real estate broker Duna House said 5,853 homes changed hands in Hungary in January, down 46% from the same...

Manufacturing

Electrolux to Cease Production at Nyíregyháza Plant

Electrolux will discontinue production at its refrigeration products factory in Nyíregyháza (about 207 km east of the capital) from the...

Innovation

BorsodChem Starts Using SAP S/4HANA ERP System

BorsodChem Zrt. was the first subsidiary of the Wanhua Group in Europe to switch to the SAP S/4HANA ERP system,...

Retail

Estonian Retail Sales Drop in December 

Estonian retail trade fell by 6.5% year-on-year in December, the fourth straight month of fall in retail sales and the...

Telco

4iG, State Close Acquisition of Vodafone Hungary

Antenna Hungaria, a unit of listed IT company 4iG, and state-owned Corvinus have closed the acquisition of Vodafone Hungary, 4iG...

Manufacturing

Ganz Closes 2022 With Strong Growth

Ganz Transformers and Electric Rotating Machines says that it closed a very successful year in 2022, strengthening its production capacity,...

Retail

Slovenia Retail Trade Growth Slows in December 

Retail trade in Slovenia rose by 2.8% year-on-year in December, slowing from a 7.4% increase in the previous month, figures...

Sustainability

Historic Krausz Palota Renovation now Approaching Completion

The modernization of the Krausz Palota at Andrássy út 12 is nearing completion. The listed building was acquired in 2019...

Interview

Record Investments Booked for 2022, With Chance to Beat it in 2023

Six months into his tenure as CEO of the Hungarian Investment Promotion Agency, the Budapest Business Journal had its first...

Pharma

Pécs Uni, Richter Partner on Cryo-EM Center

The University of Pécs is acquiring a cryogenic electron microscope and setting up a cryo-EM competency center at a cost...

Incubators

ESA Technology Broker: Space Industry Solves Challenges of Everyday Life

The Technology Broker program of the European Space Agency (ESA) emphasizes: space technology helps companies that operate in other industries....

Transport

Egypt Raises Order of Hungarian Rolling Stock to EUR 1.1 bln

Egypt's state-owned railway company has added another 50 carriages to a 1,300-unit order from a Hungarian consortium, raising the value...

Manufacturing

Poland Factory Activity Sustains Contraction in January

Poland's manufacturing Purchasing Managers' Index, or PMI, rose to 47.5 in January 2023 from 45.6 in December, survey data from...

Fintech

Corvex Winds up Virtual Bank Card Project

Hungarian software developer Corvex has wound up a HUF 275 million project to develop a flexible and secure payment platform...

Manufacturing

Gov’t Steps in to Make Payroll for Troubled Dunaferr

The government has decided to cover payroll for troubled steel maker Dunaferr for a period of six months, Prime Minister...

Residential

Hungary Home Sales Fall 46% in January

Listed real estate broker Duna House said 5,853 homes changed hands in Hungary in January, down 46% from the same...

Manufacturing

Electrolux to Cease Production at Nyíregyháza Plant

Electrolux will discontinue production at its refrigeration products factory in Nyíregyháza (about 207 km east of the capital) from the...

Innovation

BorsodChem Starts Using SAP S/4HANA ERP System

BorsodChem Zrt. was the first subsidiary of the Wanhua Group in Europe to switch to the SAP S/4HANA ERP system,...

Retail

Estonian Retail Sales Drop in December 

Estonian retail trade fell by 6.5% year-on-year in December, the fourth straight month of fall in retail sales and the...

Telco

4iG, State Close Acquisition of Vodafone Hungary

Antenna Hungaria, a unit of listed IT company 4iG, and state-owned Corvinus have closed the acquisition of Vodafone Hungary, 4iG...

Manufacturing

Ganz Closes 2022 With Strong Growth

Ganz Transformers and Electric Rotating Machines says that it closed a very successful year in 2022, strengthening its production capacity,...

Retail

Slovenia Retail Trade Growth Slows in December 

Retail trade in Slovenia rose by 2.8% year-on-year in December, slowing from a 7.4% increase in the previous month, figures...

Historic Krausz Palota Renovation now Approaching Completion

The modernization of the Krausz Palota at Andrássy út 12 is nearing completion. The listed building was acquired in 2019...

Record Investments Booked for 2022, With Chance to Beat it in 2023

Six months into his tenure as CEO of the Hungarian Investment Promotion Agency, the Budapest Business Journal had its first...

Pécs Uni, Richter Partner on Cryo-EM Center

The University of Pécs is acquiring a cryogenic electron microscope and setting up a cryo-EM competency center at a cost...

ESA Technology Broker: Space Industry Solves Challenges of Everyday Life

The Technology Broker program of the European Space Agency (ESA) emphasizes: space technology helps companies that operate in other industries....

Egypt Raises Order of Hungarian Rolling Stock to EUR 1.1 bln

Egypt's state-owned railway company has added another 50 carriages to a 1,300-unit order from a Hungarian consortium, raising the value...

Poland Factory Activity Sustains Contraction in January

Poland's manufacturing Purchasing Managers' Index, or PMI, rose to 47.5 in January 2023 from 45.6 in December, survey data from...

Corvex Winds up Virtual Bank Card Project

Hungarian software developer Corvex has wound up a HUF 275 million project to develop a flexible and secure payment platform...

Gov’t Steps in to Make Payroll for Troubled Dunaferr

The government has decided to cover payroll for troubled steel maker Dunaferr for a period of six months, Prime Minister...

Hungary Home Sales Fall 46% in January

Listed real estate broker Duna House said 5,853 homes changed hands in Hungary in January, down 46% from the same...

Electrolux to Cease Production at Nyíregyháza Plant

Electrolux will discontinue production at its refrigeration products factory in Nyíregyháza (about 207 km east of the capital) from the...

BorsodChem Starts Using SAP S/4HANA ERP System

BorsodChem Zrt. was the first subsidiary of the Wanhua Group in Europe to switch to the SAP S/4HANA ERP system,...

Estonian Retail Sales Drop in December 

Estonian retail trade fell by 6.5% year-on-year in December, the fourth straight month of fall in retail sales and the...

4iG, State Close Acquisition of Vodafone Hungary

Antenna Hungaria, a unit of listed IT company 4iG, and state-owned Corvinus have closed the acquisition of Vodafone Hungary, 4iG...

Ganz Closes 2022 With Strong Growth

Ganz Transformers and Electric Rotating Machines says that it closed a very successful year in 2022, strengthening its production capacity,...

Slovenia Retail Trade Growth Slows in December 

Retail trade in Slovenia rose by 2.8% year-on-year in December, slowing from a 7.4% increase in the previous month, figures...