Business

Residential

Close to 1/3 of home construction, renovation projects overbudget

Around 32% of Hungarians building or renovating homes have had to pay more than planned because of the shortage of...

Telco

Magyar Telekom to test 4-day work week

Magyar Telekom (MTel) on Thursday announced the launch of a pilot project to test the feasibility of a four-day work...

HR

Career starters demanding HUF 322,000/mth

The average net wage demand of Hungarian career starters was HUF 322,000, an increase of 29% compared to last year,...

Competition

Sustainability the focus of 2022 Regional Startup and Innovation Day

The region’s most prominent startup networking event, the Regional Startup and Innovation Day, was organized for the fifth time by...

Transport

Waberer’s to pay HUF 1.2 bln in windfall tax in 2022

Listed Hungarian hauler Waberer's International on Thursday said it expects to pay HUF 1.2 billion this year on a windfall...

Manufacturing

Industrial production up 3.1% y.o.y. in April

In April 2022, the volume of industrial production grew by 3.1% year-on-year in Hungary, according to a first reading of...

Retail

Czech retail sales up in Apr, avg. real monthly wages fall in Q1

The Czech Republic's retail sales growth accelerated for the second straight month in April, data from the Czech Statistical Office...

Logistics

Alza signs lease agreement with GLP for 22,000 sqm warehouse 

GLP and Alza have signed a long-term lease agreement for a 22,000 sqm warehouse called the Sziget Logistics Center, according...

Transport

Wizz Air full-year losses grow

Hungarian low-fare carrier Wizz Air racked up a EUR 642.5 million loss in its business year ended March 31, widening...

Podcasts

BBJ CEO Breakfast Meeting – A roundtable focusing on challenges facing businesses today: inflation, war, workforce, sustainability, and more

This Budapest Business Journal podcast was recorded as a new series event, the CEO Breakfast Briefing, organized by the German-Hungarian...

Competition

TrashUp wins Hungarian round of Cassini Hackathon

TrashUp, the winner of the Hungarian round of the Cassini Hackathon, came up with a solution that encourages travelers to...

Retail

Romanian retail sales slow in April

Retail sales in Romania grew by 3.7% year-on-year in April, slowing from an upwardly revised 5.6% gain a month earlier,...

Manufacturing

Latvia industrial production grows in April

Latvia's industrial production expanded at the start of the second quarter, driven by strong growth in manufacturing output, data from...

Automotive

Gloster wins EUR 700,000 Audi contract

Listed Hungarian IT company Gloster on Tuesday said it won a EUR 700,000 software development contract from German car maker...

Residential

Residential property market picks up steam in May

After a relatively quiet April, activity on the Hungarian real estate market increased in May, according to estimates by Duna...

Residential

Close to 1/3 of home construction, renovation projects overbudget

Around 32% of Hungarians building or renovating homes have had to pay more than planned because of the shortage of...

Telco

Magyar Telekom to test 4-day work week

Magyar Telekom (MTel) on Thursday announced the launch of a pilot project to test the feasibility of a four-day work...

HR

Career starters demanding HUF 322,000/mth

The average net wage demand of Hungarian career starters was HUF 322,000, an increase of 29% compared to last year,...

Competition

Sustainability the focus of 2022 Regional Startup and Innovation Day

The region’s most prominent startup networking event, the Regional Startup and Innovation Day, was organized for the fifth time by...

Transport

Waberer’s to pay HUF 1.2 bln in windfall tax in 2022

Listed Hungarian hauler Waberer's International on Thursday said it expects to pay HUF 1.2 billion this year on a windfall...

Manufacturing

Industrial production up 3.1% y.o.y. in April

In April 2022, the volume of industrial production grew by 3.1% year-on-year in Hungary, according to a first reading of...

Retail

Czech retail sales up in Apr, avg. real monthly wages fall in Q1

The Czech Republic's retail sales growth accelerated for the second straight month in April, data from the Czech Statistical Office...

Logistics

Alza signs lease agreement with GLP for 22,000 sqm warehouse 

GLP and Alza have signed a long-term lease agreement for a 22,000 sqm warehouse called the Sziget Logistics Center, according...

Transport

Wizz Air full-year losses grow

Hungarian low-fare carrier Wizz Air racked up a EUR 642.5 million loss in its business year ended March 31, widening...

Podcasts

BBJ CEO Breakfast Meeting – A roundtable focusing on challenges facing businesses today: inflation, war, workforce, sustainability, and more

This Budapest Business Journal podcast was recorded as a new series event, the CEO Breakfast Briefing, organized by the German-Hungarian...

Competition

TrashUp wins Hungarian round of Cassini Hackathon

TrashUp, the winner of the Hungarian round of the Cassini Hackathon, came up with a solution that encourages travelers to...

Retail

Romanian retail sales slow in April

Retail sales in Romania grew by 3.7% year-on-year in April, slowing from an upwardly revised 5.6% gain a month earlier,...

Manufacturing

Latvia industrial production grows in April

Latvia's industrial production expanded at the start of the second quarter, driven by strong growth in manufacturing output, data from...

Automotive

Gloster wins EUR 700,000 Audi contract

Listed Hungarian IT company Gloster on Tuesday said it won a EUR 700,000 software development contract from German car maker...

Residential

Residential property market picks up steam in May

After a relatively quiet April, activity on the Hungarian real estate market increased in May, according to estimates by Duna...

Close to 1/3 of home construction, renovation projects overbudget

Around 32% of Hungarians building or renovating homes have had to pay more than planned because of the shortage of...

Magyar Telekom to test 4-day work week

Magyar Telekom (MTel) on Thursday announced the launch of a pilot project to test the feasibility of a four-day work...

Career starters demanding HUF 322,000/mth

The average net wage demand of Hungarian career starters was HUF 322,000, an increase of 29% compared to last year,...

Sustainability the focus of 2022 Regional Startup and Innovation Day

The region’s most prominent startup networking event, the Regional Startup and Innovation Day, was organized for the fifth time by...

Waberer’s to pay HUF 1.2 bln in windfall tax in 2022

Listed Hungarian hauler Waberer's International on Thursday said it expects to pay HUF 1.2 billion this year on a windfall...

Industrial production up 3.1% y.o.y. in April

In April 2022, the volume of industrial production grew by 3.1% year-on-year in Hungary, according to a first reading of...

Czech retail sales up in Apr, avg. real monthly wages fall in Q1

The Czech Republic's retail sales growth accelerated for the second straight month in April, data from the Czech Statistical Office...

Alza signs lease agreement with GLP for 22,000 sqm warehouse 

GLP and Alza have signed a long-term lease agreement for a 22,000 sqm warehouse called the Sziget Logistics Center, according...

Wizz Air full-year losses grow

Hungarian low-fare carrier Wizz Air racked up a EUR 642.5 million loss in its business year ended March 31, widening...

BBJ CEO Breakfast Meeting – A roundtable focusing on challenges facing businesses today: inflation, war, workforce, sustainability, and more

This Budapest Business Journal podcast was recorded as a new series event, the CEO Breakfast Briefing, organized by the German-Hungarian...

TrashUp wins Hungarian round of Cassini Hackathon

TrashUp, the winner of the Hungarian round of the Cassini Hackathon, came up with a solution that encourages travelers to...

Romanian retail sales slow in April

Retail sales in Romania grew by 3.7% year-on-year in April, slowing from an upwardly revised 5.6% gain a month earlier,...

Latvia industrial production grows in April

Latvia's industrial production expanded at the start of the second quarter, driven by strong growth in manufacturing output, data from...

Gloster wins EUR 700,000 Audi contract

Listed Hungarian IT company Gloster on Tuesday said it won a EUR 700,000 software development contract from German car maker...

Residential property market picks up steam in May

After a relatively quiet April, activity on the Hungarian real estate market increased in May, according to estimates by Duna...