Business

Retail

Retail sales up 4.1% y.o.y. in January

In January 2022, the volume of retail sales in Hungary increased by 4.5% according to raw data and by 4.1%...

Manufacturing

Czech manufacturing PMI eases in February

The headline seasonally adjusted IHS Markit Czech Republic manufacturing PMI fell to a four-month low of 56.5 in February from...

Automotive

Ukraine Crisis: War could further affect domestic car production

The car industry has not recovered from the effects of the epidemic but already has another difficulty, as the Russian-Ukrainian...

Retail

MOL sets 100-liter top-up limit

Hungarian oil and gas company MOL on Wednesday announced a 100-liter top-up limit for motorists without a fuel card according...

Residential

Home sales fall 5% y.o.y. in February

Home sales in Hungary fell 5% year-on-year to 13,793 in February, according to an estimate by listed real estate broker...

Manufacturing

Estonia producer prices increase in January

Estonia's producer prices increased in January, data from Statistics Estonia(SE) showed on Monday. The producer price index (PPI) increased 26.6%...

Retail

Lithuania retail sales rise further in January

Lithuania's retail sales, excluding VAT (value-added tax), increased a working-day adjusted 18.2% year-on-year in January, following a 16.5% rise in...

Transport

Ukraine Crisis: Wizz Air offers 100,000 free seats to Ukrainian refugees

Wizz Air today announced it will support Ukrainian refugees by offering them 100,000 free seats on all continental Europe flights...

HR

Labor market moving to more flexible working

In Hungary, the labor market is moving towards flexible working, according to a survey by the labor agency Randstad, writes...

Podcasts

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

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

Podcasts

Marriott Hungary multi property general manager Arne Klehn discusses Marriott’s differentiators and sustainability strategy, his personal history and biggest challenges

Marriott Hungary multi property general manager Arne Klehn discusses Marriott’s differentiators and sustainability strategy, as well as his personal history...

Manufacturing

Industrial producer prices up 22.3% y.o.y. in January

Industrial producer prices were 22.3% higher on average in January 2022 than a year earlier, according to data by the...

Office Market

Akadémia Business Center marks rebirth with new identity

Europa Capital and ConvergenCE announced the rebranding of the recently acquired Akadémia Business Center in the heart of Budapest. Alongside...

Interview

‘Humans and robots need to cooperate’

Mollia Ltd. is a Hungarian technology startup developing adaptive and teachable software for the kinetic control of humanoid robots. The...

Pharma

Higher sales, financial gain boost Richter earnings

Fourth-quarter net income of Hungarian pharmaceutical company Gedeon Richter reached HUF 46.5 billion, more than doubling from HUF 21.6 bln...

Retail

Retail sales up 4.1% y.o.y. in January

In January 2022, the volume of retail sales in Hungary increased by 4.5% according to raw data and by 4.1%...

Manufacturing

Czech manufacturing PMI eases in February

The headline seasonally adjusted IHS Markit Czech Republic manufacturing PMI fell to a four-month low of 56.5 in February from...

Automotive

Ukraine Crisis: War could further affect domestic car production

The car industry has not recovered from the effects of the epidemic but already has another difficulty, as the Russian-Ukrainian...

Retail

MOL sets 100-liter top-up limit

Hungarian oil and gas company MOL on Wednesday announced a 100-liter top-up limit for motorists without a fuel card according...

Residential

Home sales fall 5% y.o.y. in February

Home sales in Hungary fell 5% year-on-year to 13,793 in February, according to an estimate by listed real estate broker...

Manufacturing

Estonia producer prices increase in January

Estonia's producer prices increased in January, data from Statistics Estonia(SE) showed on Monday. The producer price index (PPI) increased 26.6%...

Retail

Lithuania retail sales rise further in January

Lithuania's retail sales, excluding VAT (value-added tax), increased a working-day adjusted 18.2% year-on-year in January, following a 16.5% rise in...

Transport

Ukraine Crisis: Wizz Air offers 100,000 free seats to Ukrainian refugees

Wizz Air today announced it will support Ukrainian refugees by offering them 100,000 free seats on all continental Europe flights...

HR

Labor market moving to more flexible working

In Hungary, the labor market is moving towards flexible working, according to a survey by the labor agency Randstad, writes...

Podcasts

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

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

Podcasts

Marriott Hungary multi property general manager Arne Klehn discusses Marriott’s differentiators and sustainability strategy, his personal history and biggest challenges

Marriott Hungary multi property general manager Arne Klehn discusses Marriott’s differentiators and sustainability strategy, as well as his personal history...

Manufacturing

Industrial producer prices up 22.3% y.o.y. in January

Industrial producer prices were 22.3% higher on average in January 2022 than a year earlier, according to data by the...

Office Market

Akadémia Business Center marks rebirth with new identity

Europa Capital and ConvergenCE announced the rebranding of the recently acquired Akadémia Business Center in the heart of Budapest. Alongside...

Interview

‘Humans and robots need to cooperate’

Mollia Ltd. is a Hungarian technology startup developing adaptive and teachable software for the kinetic control of humanoid robots. The...

Pharma

Higher sales, financial gain boost Richter earnings

Fourth-quarter net income of Hungarian pharmaceutical company Gedeon Richter reached HUF 46.5 billion, more than doubling from HUF 21.6 bln...

Retail sales up 4.1% y.o.y. in January

In January 2022, the volume of retail sales in Hungary increased by 4.5% according to raw data and by 4.1%...

Czech manufacturing PMI eases in February

The headline seasonally adjusted IHS Markit Czech Republic manufacturing PMI fell to a four-month low of 56.5 in February from...

Ukraine Crisis: War could further affect domestic car production

The car industry has not recovered from the effects of the epidemic but already has another difficulty, as the Russian-Ukrainian...

MOL sets 100-liter top-up limit

Hungarian oil and gas company MOL on Wednesday announced a 100-liter top-up limit for motorists without a fuel card according...

Home sales fall 5% y.o.y. in February

Home sales in Hungary fell 5% year-on-year to 13,793 in February, according to an estimate by listed real estate broker...

Estonia producer prices increase in January

Estonia's producer prices increased in January, data from Statistics Estonia(SE) showed on Monday. The producer price index (PPI) increased 26.6%...

Lithuania retail sales rise further in January

Lithuania's retail sales, excluding VAT (value-added tax), increased a working-day adjusted 18.2% year-on-year in January, following a 16.5% rise in...

Ukraine Crisis: Wizz Air offers 100,000 free seats to Ukrainian refugees

Wizz Air today announced it will support Ukrainian refugees by offering them 100,000 free seats on all continental Europe flights...

Labor market moving to more flexible working

In Hungary, the labor market is moving towards flexible working, according to a survey by the labor agency Randstad, writes...

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

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

Marriott Hungary multi property general manager Arne Klehn discusses Marriott’s differentiators and sustainability strategy, his personal history and biggest challenges

Marriott Hungary multi property general manager Arne Klehn discusses Marriott’s differentiators and sustainability strategy, as well as his personal history...

Industrial producer prices up 22.3% y.o.y. in January

Industrial producer prices were 22.3% higher on average in January 2022 than a year earlier, according to data by the...

Akadémia Business Center marks rebirth with new identity

Europa Capital and ConvergenCE announced the rebranding of the recently acquired Akadémia Business Center in the heart of Budapest. Alongside...

‘Humans and robots need to cooperate’

Mollia Ltd. is a Hungarian technology startup developing adaptive and teachable software for the kinetic control of humanoid robots. The...

Higher sales, financial gain boost Richter earnings

Fourth-quarter net income of Hungarian pharmaceutical company Gedeon Richter reached HUF 46.5 billion, more than doubling from HUF 21.6 bln...