Business

Deals

OTP Bank signs agreement to buy bank in Albania 

OTP Bank on Monday said it signed an agreement to acquire 100% of the Albanian subsidiary of Greece's Alpha Bank...

Transport

Bahart expects HUF 5.7 bln order by next season

State-owned Bahart, which operates a ferry and pleasure boat service on Lake Balaton, will take delivery of two ferries and...

Residential

Stimulus needed to boost supply of new homes – MNB

The National Bank of Hungary (MNB) acknowledged the positive impact a temporary reduction in the VAT rate on home construction...

Pharma

Gov’t signs strategic cooperation deal with Roche

Hungary's government signed a strategic cooperation agreement with Swiss pharmaceutical group Roche, according to a report by state news wire...

HR

Number of registered jobseekers down in November

The number of registered jobseekers in Hungary reached 242,274 in November, 3,985 fewer than in the previous month, according to...

Office Market

Spreading the SSC net to Secondary Cities

Shared services centers (SSCs) and Business Process Outsourcing (BPOs) have become one of the major industries in Hungary and one...

Transport

90% of Wizz Air crew members vaccinated

Wizz Air announced that 90% of its crew members are now vaccinated, following the company's introduction of a December 1...

Interview

What kind of year did national markets close in terms of competition, how did GVH see 2021?

The Budapest Business Journal talks with Csaba Balázs Rigó, the President of the Hungarian Competition Authority (GVH) about reforms in...

HR

Tata Consultancy Services to add staff in Hungary

Indian-owned Tata Consultancy Services on Friday announced plans to add 300 more staff in Budapest over the next two years,...

Retail

Retail sales up 5.7% y.o.y. in October

In October 2021, the volume of retail trade in both raw and calendar-adjusted data was 5.7% higher than in the...

Retail

Serbia’s retail sales rise in October, GDP growth slows in Q3

Serbia's retail sales increased by a real 4.0% year-on-year in October, after posting a 4.3% annual rise in the previous...

Manufacturing

Croatia industrial activity, retail sales slow in October

Industrial production in Croatia advanced 2.7% year-on-year in October, following a 2.8% rise in the previous month, figures from the...

Pharma

Small pharmas in ‘non-stop crisis management’

The prices of the products of small Hungarian pharmaceutical manufacturers are one-third of the average pharmaceutical prices, a box of...

Retail

Estonia retail sales rise in October, economy growth slows in Q3

Estonia retail sales increased in October, data from Statistics Estonia (SE) showed on Tuesday....

Residential

Hungary home sales fall 3% in November

Home sales in Hungary fell 3% year-on-year to 11,022 in November, news agency MTI reports, citing an estimate by listed...

Deals

OTP Bank signs agreement to buy bank in Albania 

OTP Bank on Monday said it signed an agreement to acquire 100% of the Albanian subsidiary of Greece's Alpha Bank...

Transport

Bahart expects HUF 5.7 bln order by next season

State-owned Bahart, which operates a ferry and pleasure boat service on Lake Balaton, will take delivery of two ferries and...

Residential

Stimulus needed to boost supply of new homes – MNB

The National Bank of Hungary (MNB) acknowledged the positive impact a temporary reduction in the VAT rate on home construction...

Pharma

Gov’t signs strategic cooperation deal with Roche

Hungary's government signed a strategic cooperation agreement with Swiss pharmaceutical group Roche, according to a report by state news wire...

HR

Number of registered jobseekers down in November

The number of registered jobseekers in Hungary reached 242,274 in November, 3,985 fewer than in the previous month, according to...

Office Market

Spreading the SSC net to Secondary Cities

Shared services centers (SSCs) and Business Process Outsourcing (BPOs) have become one of the major industries in Hungary and one...

Transport

90% of Wizz Air crew members vaccinated

Wizz Air announced that 90% of its crew members are now vaccinated, following the company's introduction of a December 1...

Interview

What kind of year did national markets close in terms of competition, how did GVH see 2021?

The Budapest Business Journal talks with Csaba Balázs Rigó, the President of the Hungarian Competition Authority (GVH) about reforms in...

HR

Tata Consultancy Services to add staff in Hungary

Indian-owned Tata Consultancy Services on Friday announced plans to add 300 more staff in Budapest over the next two years,...

Retail

Retail sales up 5.7% y.o.y. in October

In October 2021, the volume of retail trade in both raw and calendar-adjusted data was 5.7% higher than in the...

Retail

Serbia’s retail sales rise in October, GDP growth slows in Q3

Serbia's retail sales increased by a real 4.0% year-on-year in October, after posting a 4.3% annual rise in the previous...

Manufacturing

Croatia industrial activity, retail sales slow in October

Industrial production in Croatia advanced 2.7% year-on-year in October, following a 2.8% rise in the previous month, figures from the...

Pharma

Small pharmas in ‘non-stop crisis management’

The prices of the products of small Hungarian pharmaceutical manufacturers are one-third of the average pharmaceutical prices, a box of...

Retail

Estonia retail sales rise in October, economy growth slows in Q3

Estonia retail sales increased in October, data from Statistics Estonia (SE) showed on Tuesday....

Residential

Hungary home sales fall 3% in November

Home sales in Hungary fell 3% year-on-year to 11,022 in November, news agency MTI reports, citing an estimate by listed...

OTP Bank signs agreement to buy bank in Albania 

OTP Bank on Monday said it signed an agreement to acquire 100% of the Albanian subsidiary of Greece's Alpha Bank...

Bahart expects HUF 5.7 bln order by next season

State-owned Bahart, which operates a ferry and pleasure boat service on Lake Balaton, will take delivery of two ferries and...

Stimulus needed to boost supply of new homes – MNB

The National Bank of Hungary (MNB) acknowledged the positive impact a temporary reduction in the VAT rate on home construction...

Gov’t signs strategic cooperation deal with Roche

Hungary's government signed a strategic cooperation agreement with Swiss pharmaceutical group Roche, according to a report by state news wire...

Number of registered jobseekers down in November

The number of registered jobseekers in Hungary reached 242,274 in November, 3,985 fewer than in the previous month, according to...

Spreading the SSC net to Secondary Cities

Shared services centers (SSCs) and Business Process Outsourcing (BPOs) have become one of the major industries in Hungary and one...

90% of Wizz Air crew members vaccinated

Wizz Air announced that 90% of its crew members are now vaccinated, following the company's introduction of a December 1...

What kind of year did national markets close in terms of competition, how did GVH see 2021?

The Budapest Business Journal talks with Csaba Balázs Rigó, the President of the Hungarian Competition Authority (GVH) about reforms in...

Tata Consultancy Services to add staff in Hungary

Indian-owned Tata Consultancy Services on Friday announced plans to add 300 more staff in Budapest over the next two years,...

Retail sales up 5.7% y.o.y. in October

In October 2021, the volume of retail trade in both raw and calendar-adjusted data was 5.7% higher than in the...

Serbia’s retail sales rise in October, GDP growth slows in Q3

Serbia's retail sales increased by a real 4.0% year-on-year in October, after posting a 4.3% annual rise in the previous...

Croatia industrial activity, retail sales slow in October

Industrial production in Croatia advanced 2.7% year-on-year in October, following a 2.8% rise in the previous month, figures from the...

Small pharmas in ‘non-stop crisis management’

The prices of the products of small Hungarian pharmaceutical manufacturers are one-third of the average pharmaceutical prices, a box of...

Estonia retail sales rise in October, economy growth slows in Q3

Estonia retail sales increased in October, data from Statistics Estonia (SE) showed on Tuesday....

Hungary home sales fall 3% in November

Home sales in Hungary fell 3% year-on-year to 11,022 in November, news agency MTI reports, citing an estimate by listed...