Business

Residential

Pandemic drives up vacation property prices

As home price growth was squeezed during the pandemic, prices for getaway homes in Hungary's most popular vacation regions rose...

Appointments

Duncan Graham reelected as BCCH president

The British Chamber of Commerce in Hungary (BCCH) held its 30th annual general meeting last week. Duncan Graham was reelected...

Logistics

HelloParks to develop 400,000 sqm GLA logistics megapark

HelloParks, a member of Futureal Group, will develop a logistics park offering a total of 400,000 sqm of GLA in...

HR

About 12% of Hungarian companies plan new hires 

Around 12% of Hungarian companies plan to raise headcount in the coming quarter, state news wire MTI reports, citing a...

Pharma

ELTE-led consortium winds up drug development project

A consortium led by Budapest's Eötvös Loránd University (ELTE) has completed a HUF 1.8 billion project to develop a drug...

Innovation

Tungsram partners with Hungarian ag uni

Hungary's Tungsram and the Hungarian University of Agriculture and Life Sciences will set up a joint research institute and an...

Retail

Slovakia retail sales surge in April

Slovakia's retail sales increased 11.5% year-on-year in April, following a 0.3% rise in March, figures from the Slovak Statistical Office...

Transport

Northern Veszprém transport routes renewed for HUF 3 bln

The transport routes of the northern industrial area of Veszprém (115 km southwest of Budapest) have been renewed for more...

Telco

Telenor network traffic up 30% last year

Telenor's network traffic grew by about 30% last year as more people started working and learning from home, many on...

Automotive

Continental spends HUF 4.2 bln to expand R&D in Hungary

German-owned Continental Automotive Hungary is spending HUF 4.2 billion to expand its research and development centers, Minister of Foreign Affairs...

Residential

Majority of homeowners keen on garden renovations

Nearly 60% of homeowners with a garden, yard, or patio are thinking about starting a major outdoor renovation project in...

Pharma

Serbia starts production of Sputnik V vaccine

Belgrade's Institute of Virology, Torlak, officially started producing Russia's Sputnik V COVID-19 vaccine on Serbian soil on Friday (June 4),...

Automotive

Hungary ‘Well Placed’ to Become an Automotive Innovation Hub

The Budapest Business Journal discusses the ongoing importance of the automotive sector to the local economy with the Hungarian Investment...

Automotive

‘Beauty, Performance, and Pedigree’: the Kincsem Hyper GT

A Swiss-Hungarian-U.K. project to create the ultimate sports car of tomorrow has reached back into Hungary’s history to draw on...

Automotive

Audi, Suzuki Motor on Despite Chip Shortage

The global semiconductor supply shortage has not affected production at two of Hungary’s most established OEMs, Magyar Suzuki and Audi...

Residential

Pandemic drives up vacation property prices

As home price growth was squeezed during the pandemic, prices for getaway homes in Hungary's most popular vacation regions rose...

Appointments

Duncan Graham reelected as BCCH president

The British Chamber of Commerce in Hungary (BCCH) held its 30th annual general meeting last week. Duncan Graham was reelected...

Logistics

HelloParks to develop 400,000 sqm GLA logistics megapark

HelloParks, a member of Futureal Group, will develop a logistics park offering a total of 400,000 sqm of GLA in...

HR

About 12% of Hungarian companies plan new hires 

Around 12% of Hungarian companies plan to raise headcount in the coming quarter, state news wire MTI reports, citing a...

Pharma

ELTE-led consortium winds up drug development project

A consortium led by Budapest's Eötvös Loránd University (ELTE) has completed a HUF 1.8 billion project to develop a drug...

Innovation

Tungsram partners with Hungarian ag uni

Hungary's Tungsram and the Hungarian University of Agriculture and Life Sciences will set up a joint research institute and an...

Retail

Slovakia retail sales surge in April

Slovakia's retail sales increased 11.5% year-on-year in April, following a 0.3% rise in March, figures from the Slovak Statistical Office...

Transport

Northern Veszprém transport routes renewed for HUF 3 bln

The transport routes of the northern industrial area of Veszprém (115 km southwest of Budapest) have been renewed for more...

Telco

Telenor network traffic up 30% last year

Telenor's network traffic grew by about 30% last year as more people started working and learning from home, many on...

Automotive

Continental spends HUF 4.2 bln to expand R&D in Hungary

German-owned Continental Automotive Hungary is spending HUF 4.2 billion to expand its research and development centers, Minister of Foreign Affairs...

Residential

Majority of homeowners keen on garden renovations

Nearly 60% of homeowners with a garden, yard, or patio are thinking about starting a major outdoor renovation project in...

Pharma

Serbia starts production of Sputnik V vaccine

Belgrade's Institute of Virology, Torlak, officially started producing Russia's Sputnik V COVID-19 vaccine on Serbian soil on Friday (June 4),...

Automotive

Hungary ‘Well Placed’ to Become an Automotive Innovation Hub

The Budapest Business Journal discusses the ongoing importance of the automotive sector to the local economy with the Hungarian Investment...

Automotive

‘Beauty, Performance, and Pedigree’: the Kincsem Hyper GT

A Swiss-Hungarian-U.K. project to create the ultimate sports car of tomorrow has reached back into Hungary’s history to draw on...

Automotive

Audi, Suzuki Motor on Despite Chip Shortage

The global semiconductor supply shortage has not affected production at two of Hungary’s most established OEMs, Magyar Suzuki and Audi...

Pandemic drives up vacation property prices

As home price growth was squeezed during the pandemic, prices for getaway homes in Hungary's most popular vacation regions rose...

Duncan Graham reelected as BCCH president

The British Chamber of Commerce in Hungary (BCCH) held its 30th annual general meeting last week. Duncan Graham was reelected...

HelloParks to develop 400,000 sqm GLA logistics megapark

HelloParks, a member of Futureal Group, will develop a logistics park offering a total of 400,000 sqm of GLA in...

About 12% of Hungarian companies plan new hires 

Around 12% of Hungarian companies plan to raise headcount in the coming quarter, state news wire MTI reports, citing a...

ELTE-led consortium winds up drug development project

A consortium led by Budapest's Eötvös Loránd University (ELTE) has completed a HUF 1.8 billion project to develop a drug...

Tungsram partners with Hungarian ag uni

Hungary's Tungsram and the Hungarian University of Agriculture and Life Sciences will set up a joint research institute and an...

Slovakia retail sales surge in April

Slovakia's retail sales increased 11.5% year-on-year in April, following a 0.3% rise in March, figures from the Slovak Statistical Office...

Northern Veszprém transport routes renewed for HUF 3 bln

The transport routes of the northern industrial area of Veszprém (115 km southwest of Budapest) have been renewed for more...

Telenor network traffic up 30% last year

Telenor's network traffic grew by about 30% last year as more people started working and learning from home, many on...

Continental spends HUF 4.2 bln to expand R&D in Hungary

German-owned Continental Automotive Hungary is spending HUF 4.2 billion to expand its research and development centers, Minister of Foreign Affairs...

Majority of homeowners keen on garden renovations

Nearly 60% of homeowners with a garden, yard, or patio are thinking about starting a major outdoor renovation project in...

Serbia starts production of Sputnik V vaccine

Belgrade's Institute of Virology, Torlak, officially started producing Russia's Sputnik V COVID-19 vaccine on Serbian soil on Friday (June 4),...

Hungary ‘Well Placed’ to Become an Automotive Innovation Hub

The Budapest Business Journal discusses the ongoing importance of the automotive sector to the local economy with the Hungarian Investment...

‘Beauty, Performance, and Pedigree’: the Kincsem Hyper GT

A Swiss-Hungarian-U.K. project to create the ultimate sports car of tomorrow has reached back into Hungary’s history to draw on...

Audi, Suzuki Motor on Despite Chip Shortage

The global semiconductor supply shortage has not affected production at two of Hungary’s most established OEMs, Magyar Suzuki and Audi...