Business

Office Market

Budapest Office Stock 4 mln sqm and Growing

Total modern office stock in Budapest surpassed four million sqm in the first quarter of 2022 according to the Budapest...

Logistics

Euronics opens modern, robotized warehouse in Üllő

Exclusively Hungarian-owned technical goods chain Euronics opened its new 28,000 sqm warehouse in Üllő, near Budapest, this week, according to...

Deals

Indotek Group Enters Italian Real Estate Market

Indotek Group has completed its first acquisitions in the Italian market, expanding in two retail segments: supermarkets and shopping centers,...

Automotive

Mercedes-Benz Hungary unit turnover falls to EUR 3.1 bln in 2021

Revenue of German carmaker Mercedes-Benz's local unit fell to EUR 3.1 billion in 2021 from EUR 3.4 bln in 2020,...

Automotive

Siemens’ Solutions Drive Automotive Sector into the Future

Siemens’s digital products, services and solutions bring unlimited digital potential to the automotive assembly lines in the country. Csaba Pálla,...

Interview

Supporting Diversity and Sustainability, Pushing Electromobility

In an exclusive interview, the Budapest Business Journal talks with Italian Fabiola Attorri, CEO of Mercedes-Benz Hungária Kft., about gender...

Residential

MNB points to ‘historically high’ home price overvaluation

The National Bank of Hungary (MNB) said home price overvaluation has risen to "a historically high level of 18%" in...

Office Market

Atrinova office building refurbished

The renovation of Budapest's Atrinova office building is now complete, according to a press release sent to the Budapest Business...

Deals

Semmelweis U, Roche Hungary sign strategic agreement

Semmelweis University, Hungary's top medical school, and the local unit of pharmaceutical company Roche have signed a strategic agreement, Roche...

Innovation

Lufthansa Systems relaunches IT Young Professional Program

Lufthansa Systems Hungária will relaunch its IT Young Professional Program this year, through which talented young people with general software...

Automotive

Hungary set to triple EV battery capacity by 2025

Hungary aims to raise local electric vehicle battery production capacity from 50 GWh to 150 GWh by 2025, Minister of...

Manufacturing

Continest raises HUF 2.4 bln in capital

Continest Technologies has received a total of HUF 2.4 billion in capital investment from three domestic venture capital fund managers...

Retail

Stop Shop portfolio reaches 100% occupancy in Hungary

Immofinanz, one of the largest real estate investors in the region, has just leased the last free unit in its...

Telco

MTel acquires HUF 14.6 bln of shares at buyback auction

Magyar Telekom (MTel) accepted offers for HUF 14.6 bln of its shares, the maximum announced amount, at a buyback auction...

Transport

Wizz Air to set up new airline in Malta

Discount airline Wizz Air announced that based on the "Arrangement on Reallocation of Responsibility" document signed this week between the...

Office Market

Budapest Office Stock 4 mln sqm and Growing

Total modern office stock in Budapest surpassed four million sqm in the first quarter of 2022 according to the Budapest...

Logistics

Euronics opens modern, robotized warehouse in Üllő

Exclusively Hungarian-owned technical goods chain Euronics opened its new 28,000 sqm warehouse in Üllő, near Budapest, this week, according to...

Deals

Indotek Group Enters Italian Real Estate Market

Indotek Group has completed its first acquisitions in the Italian market, expanding in two retail segments: supermarkets and shopping centers,...

Automotive

Mercedes-Benz Hungary unit turnover falls to EUR 3.1 bln in 2021

Revenue of German carmaker Mercedes-Benz's local unit fell to EUR 3.1 billion in 2021 from EUR 3.4 bln in 2020,...

Automotive

Siemens’ Solutions Drive Automotive Sector into the Future

Siemens’s digital products, services and solutions bring unlimited digital potential to the automotive assembly lines in the country. Csaba Pálla,...

Interview

Supporting Diversity and Sustainability, Pushing Electromobility

In an exclusive interview, the Budapest Business Journal talks with Italian Fabiola Attorri, CEO of Mercedes-Benz Hungária Kft., about gender...

Residential

MNB points to ‘historically high’ home price overvaluation

The National Bank of Hungary (MNB) said home price overvaluation has risen to "a historically high level of 18%" in...

Office Market

Atrinova office building refurbished

The renovation of Budapest's Atrinova office building is now complete, according to a press release sent to the Budapest Business...

Deals

Semmelweis U, Roche Hungary sign strategic agreement

Semmelweis University, Hungary's top medical school, and the local unit of pharmaceutical company Roche have signed a strategic agreement, Roche...

Innovation

Lufthansa Systems relaunches IT Young Professional Program

Lufthansa Systems Hungária will relaunch its IT Young Professional Program this year, through which talented young people with general software...

Automotive

Hungary set to triple EV battery capacity by 2025

Hungary aims to raise local electric vehicle battery production capacity from 50 GWh to 150 GWh by 2025, Minister of...

Manufacturing

Continest raises HUF 2.4 bln in capital

Continest Technologies has received a total of HUF 2.4 billion in capital investment from three domestic venture capital fund managers...

Retail

Stop Shop portfolio reaches 100% occupancy in Hungary

Immofinanz, one of the largest real estate investors in the region, has just leased the last free unit in its...

Telco

MTel acquires HUF 14.6 bln of shares at buyback auction

Magyar Telekom (MTel) accepted offers for HUF 14.6 bln of its shares, the maximum announced amount, at a buyback auction...

Transport

Wizz Air to set up new airline in Malta

Discount airline Wizz Air announced that based on the "Arrangement on Reallocation of Responsibility" document signed this week between the...

Budapest Office Stock 4 mln sqm and Growing

Total modern office stock in Budapest surpassed four million sqm in the first quarter of 2022 according to the Budapest...

Euronics opens modern, robotized warehouse in Üllő

Exclusively Hungarian-owned technical goods chain Euronics opened its new 28,000 sqm warehouse in Üllő, near Budapest, this week, according to...

Indotek Group Enters Italian Real Estate Market

Indotek Group has completed its first acquisitions in the Italian market, expanding in two retail segments: supermarkets and shopping centers,...

Mercedes-Benz Hungary unit turnover falls to EUR 3.1 bln in 2021

Revenue of German carmaker Mercedes-Benz's local unit fell to EUR 3.1 billion in 2021 from EUR 3.4 bln in 2020,...

Siemens’ Solutions Drive Automotive Sector into the Future

Siemens’s digital products, services and solutions bring unlimited digital potential to the automotive assembly lines in the country. Csaba Pálla,...

Supporting Diversity and Sustainability, Pushing Electromobility

In an exclusive interview, the Budapest Business Journal talks with Italian Fabiola Attorri, CEO of Mercedes-Benz Hungária Kft., about gender...

MNB points to ‘historically high’ home price overvaluation

The National Bank of Hungary (MNB) said home price overvaluation has risen to "a historically high level of 18%" in...

Atrinova office building refurbished

The renovation of Budapest's Atrinova office building is now complete, according to a press release sent to the Budapest Business...

Semmelweis U, Roche Hungary sign strategic agreement

Semmelweis University, Hungary's top medical school, and the local unit of pharmaceutical company Roche have signed a strategic agreement, Roche...

Lufthansa Systems relaunches IT Young Professional Program

Lufthansa Systems Hungária will relaunch its IT Young Professional Program this year, through which talented young people with general software...

Hungary set to triple EV battery capacity by 2025

Hungary aims to raise local electric vehicle battery production capacity from 50 GWh to 150 GWh by 2025, Minister of...

Continest raises HUF 2.4 bln in capital

Continest Technologies has received a total of HUF 2.4 billion in capital investment from three domestic venture capital fund managers...

Stop Shop portfolio reaches 100% occupancy in Hungary

Immofinanz, one of the largest real estate investors in the region, has just leased the last free unit in its...

MTel acquires HUF 14.6 bln of shares at buyback auction

Magyar Telekom (MTel) accepted offers for HUF 14.6 bln of its shares, the maximum announced amount, at a buyback auction...

Wizz Air to set up new airline in Malta

Discount airline Wizz Air announced that based on the "Arrangement on Reallocation of Responsibility" document signed this week between the...