Banking

What Happens Next to What We’ve Built? New Challenges in Family Wealth Planning

Building a successful family business takes decades of work, but its future also depends on how carefully the transfer of responsibilities and wealth is planned. Where should families start, and what expert support is available? The Budapest Business Journal speaks with László Czalbert, head of MBH Bank Private Banking, about succession, family wealth planning, and the expanding network of expert partners available to clients.

INSIDE VIEW

In Budapest

Sziget Releases Official 2026 Aftermovie Capturing 5-Day Festival

Sziget has released its official 2026 aftermovie, condensing the five-day festival’s 7,200 minutes into a nine-minute film celebrating its atmosphere...

PRESENTED CONTENT

BUSINESS

Real Estate

Hotel Sector Growing With Rising Tourism Numbers

The hotel sector is becoming an ever more popular development and investment option, with the Hungarian capital attracting a rising...
Residential

Residential Becoming a Key Development Sector in Hungary and the CEE

The residential or living sector is playing an increasingly significant role in real estate development and investment markets in Hungary...
Business

Girding up the Grid – The Latest Issue of the BBJ

Hungary’s next energy challenge is integrating its expanding renewable capacity into a reliable, flexible electricity system, says E.ON Hungary CEO...

Wise Launches Forint Investment Feature With 4.72% Variable Return

Wise has introduced an investment feature for forint balances, offering a variable annualized return of 4.72% after fees while retaining...

Budapest has a Limited Speculative Office Pipeline

A limited speculative office pipeline in Budapest is predicted to result in a low supply of quality, well-located contiguous office...

Coca-Cola HBC Hungary Announces Record HUF 35 bln Expansion

Coca-Cola HBC Magyarország announced a HUF 35 bln investment to expand its Dunaharaszti production center on Wednesday, marking its largest...

Ryanair Adds 12th Budapest Aircraft and Eight Routes for Winter

Ryanair will base a 12th aircraft in Budapest for its winter 2026 schedule, operating 54 routes, including eight new connections,...

ECONOMY

Dairy Industry Faces Deepening Crisis

Hungary's dairy sector has reached a critical turning point in 2026, as profitability pressures, extreme price volatility, and changing consumer...

Hungarian Business Confidence Improves as Consumer Sentiment Weakens

Business confidence edged higher in Hungary in October, while consumer sentiment deteriorated, according to economic research institute GKI....

Hungarian Banks Seek Gradual Reduction in 45% Effective Tax Burden

Hungarian banks hope for a “slow but certain” reduction in their tax burden, Hungarian Banking Association President Radovan Jelasity said...

Hungary’s Unemployment Rate Stands at 4.6% in September

Hungary’s unemployment rate stood at 4.6% in September, with 224,000 people unemployed, according to data published by the Central Statistical...

POLITICS

Int'l Relations

Hungarian President Offers Condolences After Deadly Spain Train Crash

President András Baka expressed condolences to the families of those killed in a train crash in Spain on Wednesday, his...

Hungary Seizes HUF 1.5 bln in Pandemic Equipment Money Laundering Probe

Suspects were detained and HUF 1.5 bln in assets seized in raids targeting an alleged money laundering ring linked to...

Magyar Congratulates Serbia’s Student List on Election Victory

Prime Minister Péter Magyar congratulated the leaders of Serbia's opposition Student List in a phone call after their victory in...

Hungarians Want Stronger Protection of Lake Balaton, Survey Finds

A representative survey by the 21 Research Center found that 65% of Hungarians believe Lake Balaton's shoreline has been overdeveloped....

Hungary’s 2027 Budget Combines Tax Relief, Spending Rises and Cost Cuts

Hungary’s 2027 budget will prioritize “fairness” and “development” through tax relief, higher public sector wages and EU-funded investments, Finance Minister...

BUDAPEST

Holdvölgy Wines Win Three Gold Medals at Concours Mondial de Bruxelles

Tokaj wine estate Holdvölgy has won three gold medals at the Concours Mondial de Bruxelles competition in Thuir, France, according...

Hungary Marks 70th Anniversary of 1956 Revolution With Nationwide Commemorations

Commemorations marking the 70th anniversary of Hungary’s 1956 revolution and fight for freedom will take place nationwide and abroad Oct....

Genomate Health Wins BE100 Award, Selected for GBP 100,000 Investment

Genomate Health, which conducts Hungarian research and clinical operations through Oncompass Medicine, has won the BE100 Health & Wellness category...

Energy Efficiency and Financing Shape Construction Industry’s Future

Energy efficiency, access to financing and closer cooperation will be critical to the construction industry’s prospects, speakers told HAD Group’s...