Business

Inside View

Greenfield Projects: Evergreen Projects

Although the COVID-19 pandemic results in a slowdown or even recession in the economy, there are still market players that...

Telco

Vodafone: Telecoms Industry Hungary’s ‘Invisible Lifeline’

Gergő J. Budai, deputy chairman of the board of Vodafone Hungary, talks with the Budapest Business Journal about the role...

Residential

Fewer home purchases made for investment purposes in capital

The share of homes bought for investment purposes in Budapest has fallen to 28-30% from 40-45% at the start of...

Residential

Foreigners buy fewer homes in Hungary

The number of homes purchased by foreigners in Hungary fell almost 5% to around 7,000 last year, state news wire...

Pharma

Financial loss constrains Richter Q3 profit growth

Hungarian pharmaceutical company Gedeon Richterʼs third-quarter net income edged up 2% year-on-year to HUF 22.6 billion, well under revenue growth...

Ecosystem

Additional HUF 1 bln allocated to support SME exports

The government will support the expansion of SMEs onto foreign markets with an additional HUF 1 billion, bringing the total...

Residential

New building with 185 apartments announced in BudaPart

Property Market Kft. is launching the development of another residential building with 185 apartments in the BudaPart neighborhood built next...

Pharma

Hungary to get COVID-19 vaccine from Russia

Russia will start small-scale deliveries of a COVID-19 vaccine to Hungary in December, Minister of Foreign Affairs and Trade Péter...

Construction

Govʼt support could boost home construction market 20%

The governmentʼs new home creation and renovation support measures could boost the home construction market by up to 20% and...

Construction

Increasing home construction, fewer building permits in Q1-Q3

In the first three quarters of 2020, 12,876 new dwellings were built, 25% more than a year earlier, with the...

Retail

Retail sales volume down 2% year-on-year

In September 2020, the volume of sales in retail shops decreased by 1.6% according to raw data and by 2%...

Retail

Number of tobacco shops could fall

The number of tobacco shops could fall shortly, which would result in individual shops serving larger areas, János Lázár, the...

Fintech

Hungarian banks adopters or latecomers to digitalization

Hungarian banks are adopters or latecomers in banking digitalization, according to a fresh global survey conducted by Deloitte, writes azuzlet.hu....

Automotive

AutoWallis registers growth in new vehicle sales

The domestic business unit of AutoWallis saw a rebound to growth in the third quarter, as new vehicle sales within...

Office Market

VCC Live to move HQ to Budapest ONE Office Park

Cloud Contact Center software provider VCC Live is moving its headquarters to the Budapest ONE Office Park office building complex...

Inside View

Greenfield Projects: Evergreen Projects

Although the COVID-19 pandemic results in a slowdown or even recession in the economy, there are still market players that...

Telco

Vodafone: Telecoms Industry Hungary’s ‘Invisible Lifeline’

Gergő J. Budai, deputy chairman of the board of Vodafone Hungary, talks with the Budapest Business Journal about the role...

Residential

Fewer home purchases made for investment purposes in capital

The share of homes bought for investment purposes in Budapest has fallen to 28-30% from 40-45% at the start of...

Residential

Foreigners buy fewer homes in Hungary

The number of homes purchased by foreigners in Hungary fell almost 5% to around 7,000 last year, state news wire...

Pharma

Financial loss constrains Richter Q3 profit growth

Hungarian pharmaceutical company Gedeon Richterʼs third-quarter net income edged up 2% year-on-year to HUF 22.6 billion, well under revenue growth...

Ecosystem

Additional HUF 1 bln allocated to support SME exports

The government will support the expansion of SMEs onto foreign markets with an additional HUF 1 billion, bringing the total...

Residential

New building with 185 apartments announced in BudaPart

Property Market Kft. is launching the development of another residential building with 185 apartments in the BudaPart neighborhood built next...

Pharma

Hungary to get COVID-19 vaccine from Russia

Russia will start small-scale deliveries of a COVID-19 vaccine to Hungary in December, Minister of Foreign Affairs and Trade Péter...

Construction

Govʼt support could boost home construction market 20%

The governmentʼs new home creation and renovation support measures could boost the home construction market by up to 20% and...

Construction

Increasing home construction, fewer building permits in Q1-Q3

In the first three quarters of 2020, 12,876 new dwellings were built, 25% more than a year earlier, with the...

Retail

Retail sales volume down 2% year-on-year

In September 2020, the volume of sales in retail shops decreased by 1.6% according to raw data and by 2%...

Retail

Number of tobacco shops could fall

The number of tobacco shops could fall shortly, which would result in individual shops serving larger areas, János Lázár, the...

Fintech

Hungarian banks adopters or latecomers to digitalization

Hungarian banks are adopters or latecomers in banking digitalization, according to a fresh global survey conducted by Deloitte, writes azuzlet.hu....

Automotive

AutoWallis registers growth in new vehicle sales

The domestic business unit of AutoWallis saw a rebound to growth in the third quarter, as new vehicle sales within...

Office Market

VCC Live to move HQ to Budapest ONE Office Park

Cloud Contact Center software provider VCC Live is moving its headquarters to the Budapest ONE Office Park office building complex...

Greenfield Projects: Evergreen Projects

Although the COVID-19 pandemic results in a slowdown or even recession in the economy, there are still market players that...

Vodafone: Telecoms Industry Hungary’s ‘Invisible Lifeline’

Gergő J. Budai, deputy chairman of the board of Vodafone Hungary, talks with the Budapest Business Journal about the role...

Fewer home purchases made for investment purposes in capital

The share of homes bought for investment purposes in Budapest has fallen to 28-30% from 40-45% at the start of...

Foreigners buy fewer homes in Hungary

The number of homes purchased by foreigners in Hungary fell almost 5% to around 7,000 last year, state news wire...

Financial loss constrains Richter Q3 profit growth

Hungarian pharmaceutical company Gedeon Richterʼs third-quarter net income edged up 2% year-on-year to HUF 22.6 billion, well under revenue growth...

Additional HUF 1 bln allocated to support SME exports

The government will support the expansion of SMEs onto foreign markets with an additional HUF 1 billion, bringing the total...

New building with 185 apartments announced in BudaPart

Property Market Kft. is launching the development of another residential building with 185 apartments in the BudaPart neighborhood built next...

Hungary to get COVID-19 vaccine from Russia

Russia will start small-scale deliveries of a COVID-19 vaccine to Hungary in December, Minister of Foreign Affairs and Trade Péter...

Govʼt support could boost home construction market 20%

The governmentʼs new home creation and renovation support measures could boost the home construction market by up to 20% and...

Increasing home construction, fewer building permits in Q1-Q3

In the first three quarters of 2020, 12,876 new dwellings were built, 25% more than a year earlier, with the...

Retail sales volume down 2% year-on-year

In September 2020, the volume of sales in retail shops decreased by 1.6% according to raw data and by 2%...

Number of tobacco shops could fall

The number of tobacco shops could fall shortly, which would result in individual shops serving larger areas, János Lázár, the...

Hungarian banks adopters or latecomers to digitalization

Hungarian banks are adopters or latecomers in banking digitalization, according to a fresh global survey conducted by Deloitte, writes azuzlet.hu....

AutoWallis registers growth in new vehicle sales

The domestic business unit of AutoWallis saw a rebound to growth in the third quarter, as new vehicle sales within...

VCC Live to move HQ to Budapest ONE Office Park

Cloud Contact Center software provider VCC Live is moving its headquarters to the Budapest ONE Office Park office building complex...