E.ON, in cooperation with Tungsram is offering sustainable and modern "smart" technology solutions for public lighting for both tiny villages and large cities in the next three years, according to a press release sent to the Budapest Business Journal.

Techloop, an online platform connecting IT experts with hiring companies, aims at easing the shortage of professionals in Hungary by offering a bonus of EUR 500 for applicants finding a job through the platform, and making access to the database of job seekers free for companies, according to a press release sent to the Budapest Business Journal.

Controversial billionaire investor Lőrinc Mészáros will take over management of TV2 Media Group from Hollywood producer Andy Vajna this year through one of his biggest companies, Opus Press Zrt., according to a report by 444.hu.

The European Institute of Innovation and Technologyʼs Climate Knowledge and Innovation Community will hold an event titled "Climathon", a hackathon focused on climate problems, in Budapest next Thursday (October 25).

International law firm Bird & Bird celebrated its 10th anniversary in Hungary. The country is registering massive tech growth which prompts buoyant activity for firms targeting technology activity, intellectual property, data protection and related areas, according to a press release sent to the Budapest Business Journal.

Hungarian design company Maform predicts a boom in the automotive industry in the near future, driven by innovations and modern solutions, with a marked shift in automotive design methods as well, according to a press release sent to the Budapest Business Journal.

János Lázár, the prime ministerʼs commissioner for protecting non-smokers, said yesterday he will propose a complete ban on purchasing tobacco products for anyone born in Hungary after January 1, 2020, Hungarian news agency MTI reports.

The U.K.’s World Bread Award has gone to Hungarian baker István Nádházi this year for his "French Country Sourdough", with the baker winning both the "Real Bread Campaign" and overall categories, according to worldbreadawards.com.

Hungaryʼs Magnus Aircraft will start production at a plant in Pécs (169 km south of Budapest) at the end of October, CEO László Boros said on Thursday, at the inauguration of the first phase of the investment, Hungarian news agency MTI reports.

The typical rent for commercial properties in Budapest remained unchanged in most segments in the first half of 2018 from the second half of 2017, the National Bank of Hungary (MNB) and the Royal Institution of Chartered Surveyors (RICS) found in a bi-annual survey, MTI reports.

Involving risk management experts in digital transformation programs increases user experience, decreases costs and strengthens trust towards projects, according to the majority of company heads surveyed in research by professional services firm EY.

In November, the city of Pécs will host the WDSF World DanceSport Championship Formation Standard 2018 for the second time since 2016, as well as the Szigo dance cup, according to a press release sent to the Budapest Business Journal.

Legal market research firm Acritas has named Baker McKenzie the "Worldʼs Strongest Law Firm Brand" in the 2018 Acritas Global Elite Law Firm Brand Index, according to a press release sent to the Budapest Business Journal.

The Government Debt Management Agency (ÁKK) sold a combined HUF 29.5 bln of securities at auction on Thursday, HUF 6.5 bln less than planned, Hungarian news agency MTI reported.

The General Directorate of Water Management (OVF), the national water authority of Hungary, said in a statement that the water level in the Danube river has dropped to a record low due to the drought of the last few weeks, news site napi.hu reported.

The government has approved the framework of the Hungarian Village Program, which aims to maintain or grow populations in communities with under 5,000 residents, Gergely Gulyás, the head of the Prime Ministerʼs Office, said at a regular press briefing on Wednesday, Hungarian news agency MTI reported.

Law firm Dentons has launched an interactive tool for looking up and comparing Transparency Register laws in different EU countries, currently covering 13 EU countries where the company has offices, with more jurisdictions to be added in future, according to a press release sent to the Budapest Business Journal.

The Government Debt Management Agency (ÁKK) sold HUF 40 billion of bonds maturing in 2026 and 2024, accepting bonds expiring in 2020 as payment at a switch auction on Wednesday, state news wire MTI reported.   

The National Bank of Hungary (MNB) said on Wednesday it has fined insurance company Allianz Hungária HUF 125 million for various shortcomings related to its outsourcing practices, portfolio management, customer services, and IT security systems.

Readers of Condé Nast Traveler have voted Aria Hotel Budapest the best hotel in the CEE region for the second time since 2016, based on votes from 430,000 readers taking part in the evaluation of hotels, according to a press release sent to the Budapest Business Journal.