BBJ - Budapest Business Journal

Hungarian consumers plan to spend an average of HUF 125,000 on Christmas this year, nearly HUF 4,000 less than last year, according to a survey commissioned by Cofidis.

Retail

EU Parcel Duty Pushes Hungarian Shoppers Away From Asian Webshops

One-third of Hungarian consumers have reduced how often they order from Asian webshops since the European Union introduced a customs duty on low-value parcels July 1.

Pharma

Pharmaceutical Logistics Moves Toward Full Automation

Competitiveness in pharma logistics increasingly depends on digitalization, automation, and quality assurance alongside scale, Andor Nagy, deputy CEO for logistics and technology at Hungaropharma Zrt., explains.

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

Appointments

Innovinia Names Máté Kovács Managing Director in Leadership Restructuring

Innovinia has appointed Máté Kovács managing director as part of a management restructuring that separates operational leadership from strategic oversight....

Banking

OTP Bank’s Q3 Profit Rises 7% to HUF 355 bln

OTP Bank’s third-quarter after-tax profit rose 7% year-on-year to HUF 355 billion, supported by higher net interest income, according to...

PRESENTED CONTENT

Pharmaceutical Logistics Moves Toward Full Automation

Pharmaceutical Logistics: From Reliable Support to Strategic Partnership

Economic and Geopolitical Uncertainty Should Change how we Grow, not Whether we Grow

Business Events in a Historic Setting: Continental Hotel Budapest

Sziget Releases Official 2026 Aftermovie Capturing 5-Day Festival

Advancing the Conversation on Ovarian Cancer

Transport

Wizz Air to Move Budapest Flights to Brussels’ Main Airport in February

Wizz Air will move its Budapest-Brussels service from Charleroi to Brussels Airport in Zaventem on Feb. 4, 2027, bringing passengers...

Figures

Hungary’s Inflation Stands at 2% in October as Fuel and Service Prices Rise

Consumer prices in Hungary rose by approximately 2% year-on-year in October 2026, while increasing 0.4% from September, according to the...

BUSINESS

Appointments

Citi Names Elżbieta Czetwertyńska Head of Expanded CEE Region Including Hungary

Elżbieta Czetwertyńska has been appointed Citi’s head of Central and Eastern Europe, overseeing an expanded seven-country region that includes Hungary....

Manufacturing

Korean Battery Companies in Hungary Sign Joint ESG Pledge

South Korean battery companies operating in Hungary have signed a joint declaration committing to stronger environmental protection, safety standards and...

Construction

Most Hungarian Construction Firms Expect Revenue Decline in 2026

Approximately 60% of Hungarian construction companies expect their revenue to fall in 2026, according to a recent survey by industry...

Retail

Hungary Retail Sales Rise 4.3% in September as Non-Food Spending Leads Growth

Hungary’s retail sales volume rose 4.3% year-on-year in September 2026, driven by growth in non-food and automotive fuel sales, according...

Buyers Push Back against Overpriced Homes as Market Shifts

Hungary's housing market grew more polarized in Q3 2026, according to OTP Ingatlanpont , with Budapest home prices reaching affordability...

Hungary Moves to Roll Back Retail Margin Caps, Minister Says

MOL Gets U.S. Clearance for Preparatory Steps in NIS Acquisition

MOL has received a U.S. sanctions license authorizing certain preparatory transactions related to its potential acquisition of a stake in...

Revolut Valuation Reaches USD 115 bln After Fundraising

Revolut has completed a fundraising transaction valuing the company at USD 115 billion, following a series of banking launches and...

ECONOMY

Analysis

One in Six Hungarian Adults Has Lost Money to Cyberfraud, CIB Survey Finds

Nearly half of Hungarian adults have encountered a cyberfraud attempt, and 16% have lost money, according to a representative survey...

Recycling

Easier Recycling May Add to Waste Volumes, Hungarian Study Finds

Providing households with separate recycling bins increased separately collected waste by nearly 12 kg per person annually during the pandemic,...

Figures

Hungary’s 2027 Highway Vignette Prices Rise 1.3%, Annual Pass to Cost HUF 62,560

Hungary’s highway vignette prices will increase by approximately 1.3% next year, taking the annual nationwide pass for passenger cars to...

Economy

Hungary Plans Springtime ESG Law Overhaul

Hungary’s ESG framework is heading for another major revision, with a broader legislative package planned for spring 2027 after sustainability...

Hungarian Gov’t to Cut State Forest Logging by 25% in 2027

Hungary plans major forestry reforms, including a 25% reduction in logging in state-managed forests in 2027, equal to one million...

Budapest and UNICEF Hungary Partner to Involve Young People in Climate Planning

Budapest and UNICEF Hungary have signed a cooperation agreement to involve young people in urban sustainability planning. The new Cities...

CEE4Impact Day Tests Case for Regenerative Capitalism in CEE

CEE4Impact Day 2026 brought impact investors, entrepreneurs, fund managers, corporations, and institutional capital providers to Budapest’s Museum of Ethnography on...

OTP Says Exposure Limited as Paraguay’s Ueno Bank Enters Insolvency

OTP Bank said its USD 47 million investment in Paraguay’s Ueno Bank represents a small exposure for the Hungarian lender...

POLITICS

Int'l Relations

Magyar, Merz Discuss Resetting Hungarian-German Ties in Berlin

PM Péter Magyar and German Chancellor Friedrich Merz discussed resetting bilateral relations in Berlin on Tuesday, with economic cooperation, energy...

Government

Long Road to Fiscal Discipline, and Possibly the Euro

Hungary faces a hard road toward its ambitious target of adopting the euro by the start of the next decade,...

Parliament

Hungarian Environmental Groups Urge PM to Publish Climate Bill

Hungarian environmental organizations have urged PMr Péter Magyar to publish the gov't’s planned climate bill, warning that delays could leave...

Domestic

Péter Magyar: Former Hungarian PM Viktor Orbán’s Brother Detained

Áron Orbán, the brother of former PM Viktor Orbán, has been detained on suspicion of people smuggling, according to press...

No Hungarian Casualties Reported in Krakow Shooting, Ministry Says

Hungary’s Foreign Ministry said Saturday evening that it had no information indicating any Hungarians were among the casualties of a...

Hungary Publishes Communist-Era Informant Files Online

Hungary has made the names and personal details of tens of thousands of communist-era informants publicly accessible through a new...

Parliament Elects Péter Fejes as Hungary’s Chief Public Prosecutor

Parliament elected Péter Fejes as Hungary's chief public prosecutor Tuesday, approving President András Baka's nominee with 139 votes in favor...

Budapest’s Chain Bridge to Light Up in Swiss Colors on November 5

Budapest’s Chain Bridge will be illuminated in red and white on the evening of November 5 to mark the 80th...

BUDAPEST

Food

AGOS Launches Mediterranean Sunday Brunch Series in Budapest

AGOS Restaurant at Kimpton BEM Budapest will launch its refreshed Sunday Brunch & Bubbles series Nov. 15 with a St....