Business

Retail

Ukraine Crisis: Tesco’s business unaffected, backs humanitarian aid

British-based retailer Tesco has told the Budapest Business Journal that the Ukraine crisis has not directly affected its business or...

Manufacturing

Industrial production up 7.1% y.o.y. in January

In January 2022, the volume of industrial production in Hungary grew by 7.1% year-on-year according to working-day adjusted data production...

Automotive

Magyar Suzuki raises wages by 12%

Magyar Suzuki announced increasing wages at its Esztergom plant by an average of 12% retroactively to January, following consultations with...

Podcasts

Economies and elections – How will Hungary’s general election affect its economy in 2022? Part 2

The Budapest Business Journal organized an exciting roundtable discussion at the Expat CEO Boardroom meeting on February 10, with experts...

Logistics

Magyar Posta inaugurates HUF 3 bln parcel depot

State-owned postal company Magyar Posta inaugurated a HUF 3 billion parcel depot in the industrial park of Tatabánya on Friday,...

Interview

M&A Market in Hungary Expands Almost 50% in 2021

The value of mergers and acquisitions in Hungary jumped by almost 50% to USD 1.7 billion (HUF 521 bln) last...

Telco

Sharity and Synlab Join Forces on Impact Marketing

The Sharity mobile app, a Hungarian Top100 innovation that seeks to change the culture of giving by connecting people and...

Manufacturing

Schneider Electric Encouraging Talented French Trainees

Schneider Electric says it is hosting the highest number of Volontariat International en Entreprise (V.I.E.) trainees among French-owned companies operating...

Transport

Waberer’s extends naming rights 99 years

Listed hauler Waberer's yesterday said its minority owner György Waberer extended the company's right to use his name for 99...

Office Market

Significant Increase in Green Office Stock

The Budapest office market is estimated to have seen an increase of nearly 180,000 sqm of green office space for...

Telco

Ukraine Crisis: Hungary suspends broadcasts of RT, Sputnik

Hungary is suspending local broadcasts of Russia's RT and Sputnik, the National Media and Infocommunications Authority (NMHH) told news agency...

Automotive

Ukraine Crisis: Audi Hungaria predicts supply chain problems

Although supplies to customers are currently unaffected, Audi Hungaria Zrt. has told the Budapest Business Journal that it expects the...

Deals

ARX Equity Partners acquires majority holding in Klient Holding

ARX Equity Partners announced that it has acquired a majority holding in Klient Holding, the holding company of WTS Klient,...

Retail

Estonia retail sales up 8% y.o.y. in January

Estonia's retail sales, excluding motor vehicles and motorcycles trade, increased 8% year-on-year in January, data from the Tallinn-based Statistics Estonia...

Residential

Lenders disburse HUF 77 bln under Green Home Program

Lenders have disbursed about HUF 77 billion of credit under the Green Home Program of the National Bank of Hungary...

Retail

Ukraine Crisis: Tesco’s business unaffected, backs humanitarian aid

British-based retailer Tesco has told the Budapest Business Journal that the Ukraine crisis has not directly affected its business or...

Manufacturing

Industrial production up 7.1% y.o.y. in January

In January 2022, the volume of industrial production in Hungary grew by 7.1% year-on-year according to working-day adjusted data production...

Automotive

Magyar Suzuki raises wages by 12%

Magyar Suzuki announced increasing wages at its Esztergom plant by an average of 12% retroactively to January, following consultations with...

Podcasts

Economies and elections – How will Hungary’s general election affect its economy in 2022? Part 2

The Budapest Business Journal organized an exciting roundtable discussion at the Expat CEO Boardroom meeting on February 10, with experts...

Logistics

Magyar Posta inaugurates HUF 3 bln parcel depot

State-owned postal company Magyar Posta inaugurated a HUF 3 billion parcel depot in the industrial park of Tatabánya on Friday,...

Interview

M&A Market in Hungary Expands Almost 50% in 2021

The value of mergers and acquisitions in Hungary jumped by almost 50% to USD 1.7 billion (HUF 521 bln) last...

Telco

Sharity and Synlab Join Forces on Impact Marketing

The Sharity mobile app, a Hungarian Top100 innovation that seeks to change the culture of giving by connecting people and...

Manufacturing

Schneider Electric Encouraging Talented French Trainees

Schneider Electric says it is hosting the highest number of Volontariat International en Entreprise (V.I.E.) trainees among French-owned companies operating...

Transport

Waberer’s extends naming rights 99 years

Listed hauler Waberer's yesterday said its minority owner György Waberer extended the company's right to use his name for 99...

Office Market

Significant Increase in Green Office Stock

The Budapest office market is estimated to have seen an increase of nearly 180,000 sqm of green office space for...

Telco

Ukraine Crisis: Hungary suspends broadcasts of RT, Sputnik

Hungary is suspending local broadcasts of Russia's RT and Sputnik, the National Media and Infocommunications Authority (NMHH) told news agency...

Automotive

Ukraine Crisis: Audi Hungaria predicts supply chain problems

Although supplies to customers are currently unaffected, Audi Hungaria Zrt. has told the Budapest Business Journal that it expects the...

Deals

ARX Equity Partners acquires majority holding in Klient Holding

ARX Equity Partners announced that it has acquired a majority holding in Klient Holding, the holding company of WTS Klient,...

Retail

Estonia retail sales up 8% y.o.y. in January

Estonia's retail sales, excluding motor vehicles and motorcycles trade, increased 8% year-on-year in January, data from the Tallinn-based Statistics Estonia...

Residential

Lenders disburse HUF 77 bln under Green Home Program

Lenders have disbursed about HUF 77 billion of credit under the Green Home Program of the National Bank of Hungary...

Ukraine Crisis: Tesco’s business unaffected, backs humanitarian aid

British-based retailer Tesco has told the Budapest Business Journal that the Ukraine crisis has not directly affected its business or...

Industrial production up 7.1% y.o.y. in January

In January 2022, the volume of industrial production in Hungary grew by 7.1% year-on-year according to working-day adjusted data production...

Magyar Suzuki raises wages by 12%

Magyar Suzuki announced increasing wages at its Esztergom plant by an average of 12% retroactively to January, following consultations with...

Economies and elections – How will Hungary’s general election affect its economy in 2022? Part 2

The Budapest Business Journal organized an exciting roundtable discussion at the Expat CEO Boardroom meeting on February 10, with experts...

Magyar Posta inaugurates HUF 3 bln parcel depot

State-owned postal company Magyar Posta inaugurated a HUF 3 billion parcel depot in the industrial park of Tatabánya on Friday,...

M&A Market in Hungary Expands Almost 50% in 2021

The value of mergers and acquisitions in Hungary jumped by almost 50% to USD 1.7 billion (HUF 521 bln) last...

Sharity and Synlab Join Forces on Impact Marketing

The Sharity mobile app, a Hungarian Top100 innovation that seeks to change the culture of giving by connecting people and...

Schneider Electric Encouraging Talented French Trainees

Schneider Electric says it is hosting the highest number of Volontariat International en Entreprise (V.I.E.) trainees among French-owned companies operating...

Waberer’s extends naming rights 99 years

Listed hauler Waberer's yesterday said its minority owner György Waberer extended the company's right to use his name for 99...

Significant Increase in Green Office Stock

The Budapest office market is estimated to have seen an increase of nearly 180,000 sqm of green office space for...

Ukraine Crisis: Hungary suspends broadcasts of RT, Sputnik

Hungary is suspending local broadcasts of Russia's RT and Sputnik, the National Media and Infocommunications Authority (NMHH) told news agency...

Ukraine Crisis: Audi Hungaria predicts supply chain problems

Although supplies to customers are currently unaffected, Audi Hungaria Zrt. has told the Budapest Business Journal that it expects the...

ARX Equity Partners acquires majority holding in Klient Holding

ARX Equity Partners announced that it has acquired a majority holding in Klient Holding, the holding company of WTS Klient,...

Estonia retail sales up 8% y.o.y. in January

Estonia's retail sales, excluding motor vehicles and motorcycles trade, increased 8% year-on-year in January, data from the Tallinn-based Statistics Estonia...

Lenders disburse HUF 77 bln under Green Home Program

Lenders have disbursed about HUF 77 billion of credit under the Green Home Program of the National Bank of Hungary...