BBJ - Budapest Business Journal

The Hotel Erzsébet has been renovated and relaunched as the Hotel Erzsébet City Center Budapest, a member of Radisson Individuals, marking the brand’s debut in Hungary.

Hungary Broke EU Law by Releasing Convicted People Smugglers, Court Rules

Hungary violated EU law by automatically converting prison sentences for convicted people smugglers into “special reintegration detention,” the Court of Justice of the European Union ruled Thursday.

Interview

Rethinking Data Strategies From Storage to Recovery

As Hungarian businesses manage increasingly fragmented data and face more sophisticated cyberthreats, reliable recovery is becoming a board-level priority.

INSIDE VIEW

Investing in Hungary’s Wind Renaissance: What Wind Tender Means for Stakeholders

Energy Efficiency Also a Tax Opportunity

The Price of Medicine: How Discrediting a Competitor Became EUR 1 bln Competition law Risk

Transfer Pricing Remains a Perennial Pharma Industry Issue: New Regulations Bring Fresh Challenges

Pay Transparency: A Practical Tool for Comparing the Value of Different Roles

Energy Investment in Hungary: Sectors, Returns, and the Legal Infrastructure That Makes it Possible

Europe’s new Insolvency Rulebook: What it Means for Hungary

Cyber Resilience Act: Companies Face First 2026 deadline

From Pay Reporting to Litigation Risk: The Impact of the EU Pay Transparency Directive

Hungary’s Proposed Insolvency Regime: What Would the Draft Law Change?

Sci-Fi Today: Tax Returns Entrusted to Machines

Advantages of Hungarian Trust Asset Management Also Available to Foreigners

Mind the 5%: Getting Ahead of Gender Pay Gap Rules in Hungary

Adaptive Reuse of Existing Office Building Stock: Legal Pitfalls

Double Benefit: Energy Efficiency With Tax Benefits

Energy

Large-scale Energy Storage Enters Center Stage

The role of storage in Hungary’s energy supply system was neglected for far too long. Now things are moving fast,...

Business

Budapest’s District VI Adopts Outdoor Advertising Ban to Protect Historic Streetscape

Budapest’s District VI council approved a ban on outdoor advertising Thursday in order to protect Terézváros’ historic streetscape and reduce...

PRESENTED CONTENT

Enthusiastic Visionary Optimistic About Sustainable Future

Rethinking Data Strategies From Storage to Recovery

EU Funding Upgrades the Electricity Grid, the Foundation of the Future Energy System

Renewing the Spirit of Countryside Wellness Hospitality

Debrecen to Host Europe’s Battery Leaders at Hungarian Battery Days in November

The Business Case for Building Less, and Managing Better

Analysis

Hungarian Business Groups Urge Changes to Draft Wealth Tax

Fourteen Hungarian business organizations have issued a joint statement calling for changes to the proposed wealth tax, including relief for...

Domestic

Two Men Detained in Budapest Over Alleged Drug Smuggling From the Netherlands

Police detained two Hungarian men suspected of bringing drugs into Hungary by train from the Netherlands, the National Bureau of...

BUSINESS

Transport

Lake Balaton Cycling Upgrades to Add Wider Paths and New Bridges

Nearly 20 km of the Lake Balaton cycling circuit will be renovated under two programs financed through EU and domestic...

Pharma

Rooftop Breakfast Offers Helicopter View of AI’s Impact on Pharma

About 50 guests began their day in the beautiful setting of the Duchess Rooftop Bar of the Matild Palace Hotel...

Retail

Resident Evil Game Prices Rise Around Film Premiere

Physical console editions of several Resident Evil games rose in price around the film’s Sept. 17 theatrical release, according to...

Pharma

FDA Accepts Richter’s Fylrevy Menopause Therapy Application for Review

The U.S. Food and Drug Administration (FDA) has accepted Gedeon Richter’s new drug application for Fylrevy, the Hungarian pharmaceutical company...

DUIHK Central to the German-Hungarian Bilateral Economic Relationship

Róbert Keszte became president of the German-Hungarian Chamber of Industry and Commerce (DUIHK) in 2025. In this interview with the...

Egis Opens Major Pharmaceutical Distribution Center in Fót

Egis has opened a distribution center in Fót with capacity for 30,000 pallets, expanding its finished-product logistics operations to support...

Civil Engineering Surge Masks Decline in Building Construction

Civil engineering output more than doubled in Hungary in August, while building construction declined and the volume of new contracts...

Workload Outweighs Pay as Source of Workplace Distress

Workload, lack of recognition and job insecurity drive workplace distress among Hungarian employees, while pay remains their top priority, according...

ECONOMY

Analysis

AI Boom, USD 100 Oil and 5% Bond Yields Reshape Investment Outlook

An AI-driven technology rally, oil prices above USD 100 and U.S. Treasury yields around 5% are reshaping investment opportunities, according...

Green Energy

MOL Opens HUF 2.7 bln Biomethane Unit in Szarvas

Hungarian oil and gas company MOL inaugurated a new HUF 2.7 billion biomethane unit at its biogas plant in Szarvas,...

Banking

Gránit Bank Hit by Largest Loan Loss Provision in Its History

Gránit Bank reported an additional approximately HUF 9.4 billion loan loss provision in the third quarter of 2026, the largest...

Analysis

VOSZ Business Confidence Index Declines in Q3 2026

Hungarian business association VOSZ’s business confidence index fell two percentage points to 50% in the third quarter of 2026, according...

Fitch Sees Hungary’s Deficit Narrowing but Debt Burden Rising

Hungary’s budget deficit is expected to narrow and growth to accelerate in 2027, but rising debt and fiscal vulnerabilities continue...

EY Urges Early Preparation for Hungary’s Proposed Wealth Tax

Hungary’s proposed wealth tax could create new obligations for wealthy individuals, trusts and private foundations, with the first assessment generally...

IMF Sees Window for Hungary’s Economic Revival, Urges Swift Reforms

Hungary has a “uniquely favorable window of opportunity” to revitalize its economy, but must act quickly to turn market confidence...

MNB Cites Global Uncertainty Behind September Rate Hold

Global economic uncertainty constrained Hungary’s monetary policy room for maneuver, the National Bank of Hungary’s (MNB) Monetary Council agreed at...

POLITICS

Government

Péter Magyar Seeks EU Funding for Hungary’s Border Fence and Protection

Hungary will seek dedicated EU funding to strengthen its border fence and border protection during negotiations on the bloc’s next...

Domestic

Court Upholds Detention of Former Hungarian Minister Hankó in HUF 17 bln Grant Case

The Kecskemét Regional Court has upheld the pretrial detention of former Culture and Innovation Minister Balázs Hankó and former State...

Hungary’s Rule-of-Law Reforms Unlock EUR 4.2 bln in EU Funds

The Council of the European Union has approved a European Commission proposal to end Hungary’s rule-of-law conditionality procedure, making EUR...

Domestic

Hungarian Mother Gets Suspended Sentence for Hiding Daughter From Italian Father

A Hungarian woman who hid her daughter from the girl’s Italian father for more than a decade has received a...

Hungary Grants Temporary Diesel Tax Relief to Freight Operators

Hungary will provide temporary diesel excise tax relief of HUF 25 per liter for trucks weighing more than 7.5 metric...

Orbán Urged to Clarify Whether He Ordered Ukrainian Cash and Gold Convoy Stop

Defense Minister Romulusz Ruszin-Szendi has called on former PM Viktor Orbán to clarify whether he ordered Hungarian authorities to stop...

Corruption Ranks Among Hungarians’ Top Concerns

Hungarians ranked corruption as the country’s third-most pressing social problem after inflation and public health care, according to a representative...

Romanian National Charged With Forcing Hungarian Man Into Servitude

A Romanian man has been charged with forcing a Hungarian man into servitude through violence and threats, the Pest County...

BUDAPEST

Budapest

Budapest Reaches 100 Short CAF Trams as Fleet Expansion Continues

Budapest’s 100th short CAF tram has entered service, marking a milestone in the capital’s fleet renewal program, the Budapest Transport...

INSIDE VIEW

PRESENTED CONTENT

BUSINESS

Transport

Pharma

ECONOMY

Analysis

Green Energy

POLITICS

Government

Domestic

BUDAPEST

Budapest

Conferences