Luca Albert

Residential

Real Estate Prices Still Rising in Downtown Budapest

In the downtown districts of Budapest, both general prices, as well as price/sqm for an apartment have increased, according to...

Manufacturing

Ganz to Focus More on Solar Power Development, Sustainability

Ganz Transformer and Electric Rotating Machines has initiated a program focused on significant optimization of energy sustainability within their transformer...

Sights

Debrecen Zoo Welcomes 1st Ever Red Panda Cub

A red panda cub was born at the Debrecen Zoo, marking the 80th birth in Europe in the past year...

Office Market

Increasing Rates of Office Vacancy in Budapest

Companies hoping to relocate their businesses are trapped in a rigid office market, according to an analysis of H1 office...

Music

Change in Performers at Opera Gala Event in Budapest

Pretty Yende, an operatic soprano set to perform at the Margaret Island Theater this weekend, has stepped down from performing,...

Appointments

Igor Prerovsky to Take Over as Yettel Hungary CEO

Igor Prerovsky is expected to step into his position as CEO of telecommunications at Yettel Hungary as of September of...

Residential

Students Expected to Drive Rental Market Boom in Capital

Budapest and surrounding regions are set to experience a surge in demand for real estate as students receive their university...

Tourism

Budapest Among Most Inexpensive Airbnb Holiday Locations

Research from CIA Landlords Insurance looked into the average cost of groceries and Airbnbs in OECD capital cities, and determined...

Innovation

AI to Help Identify Investor Behavior

Artificial intelligence developed at Corvinus University of Budapest provides identification of types of investors, as well as recommendations for potential...

Office Market

Academia Office Building Nearing Handover

The former headquarters of Raiffeisen Bank has undergone complete renovation to serve as Convergence’s Academia office building, and is now...

Tourism

Vehicle Ownership Provides More Freedom on Vacation

According to a survey by Magyar Suzuki, the majority of people prefer to stick to their own vehicles when going...

Banking

Euromoney Names UniCredit Best Bank in CEE

UniCredit Bank has received the award of Best Bank in Central and Eastern Europe from the Euromoney Awards for Excellence,...

Logistics

Gebrüder Weiss to Set up Base in Páty

Gebrüder Weiss (GW) is set to become the first tenant of the PT2 warehouse of HelloParks Páty megapark, moving into...

Analysis

State Pensions Alone Fall Short in Fighting Poverty – Study

According to a recent study done by a researcher at the Corvinus University of Budapest, people in old age cannot...

Hotels

Pannónia Szálló Restoration Aims to Preserve Hungarian Architectural Heritage

The revival of an iconic piece of Hungarian architecture, the Pannónia Szálló, in Satu Mare (Szatmárnémeti) aims to incorporate modern...

Automotive

Navigating the Hungarian Auto Market: What Expats Need to Know

After years of hands-on experience advising expat friends and colleagues on 2nd-hand vehicle purchases, Christopher Csizmár founded CarSherpa, a pre-purchase...

Environment

Meet the Hungarian Professor Working to Restore the Danube

Research professor Tibor Erős talks to the BBJ about his career as a biologist and ecologist, detailing his passion for...

Innovation

11th Annual Brain Bar Festival Still Has ‘Faith in the Future’

The last quarter of a century has brought unprecedented changes across nearly all aspects of life, whether social, economic, or...

Innovation

AmCham Digital Impact Day: Staying Ahead in the Age of Digitalization

The American Chamber of Commerce in Hungary hosted its first Digital Impact Day on May 28 at the Telekom Campus....

Real Estate

Domestic Players ‘Dominate’ Real Estate in 2024, Will International Money Follow in 2025?

Hungary saw real estate investments from domestic and international shareholders in 2024, with handovers in office, retail, and industrial fields....

Analysis

Hungary’s 1st Mandatory ESG Reports due for Publication in 2025

Obligations under Hungary’s ESG Act were phased in from the start of the 2024 financial cycle, with 2025 marking the...

Analysis

2025 in Hungarian Healthcare: COVID-19 on a Definitive Decline

With new, integrated methods for data collection and monitoring, Hungarian healthcare professionals are preparing for another year of challenges, both...

Tourism

Tourism in Hungary at its Highest in Years. Will it Remain in the New Year?

Tourism rates in Hungary are the highest they have been in the past 4 years, and the country is hoping...

Analysis

Marriott Launches LevelUp Program in Budapest: ‘Be Curious, Connected and Courageous.’

Some 25 young adults from all over Hungary applied for the first-ever staging of Marriott International’s LevelUp program, a three-month...

Automotive

BYD Szeged Promises Ecosystem Development and a Significant Economic Boost for the Area

The Szeged factory plans announced just before Christmas by Chinese electric automaker Build Your Dream include an ambitious timeline for...

What Might Dogs Reveal About Human Communication?

A Hungarian-led research team working out of the Department of Ethology at ELTE in Budapest is working to discover what...

Navigating the Hungarian Auto Market: What Expats Need to Know

After years of hands-on experience advising expat friends and colleagues on 2nd-hand vehicle purchases, Christopher Csizmár founded CarSherpa, a pre-purchase...

Meet the Hungarian Professor Working to Restore the Danube

Research professor Tibor Erős talks to the BBJ about his career as a biologist and ecologist, detailing his passion for...

Colliers: 2025 a Turning Point for Hungarian Real Estate Investments

While 2024 marked a “record low” for Hungary’s real estate investment market, property investment experts at Colliers indicate that 2025...

The Consultants’ View: Hungary’s Economic Expectations for 2026

Driven by impending legislative changes, opportunities in emerging sectors, and recurring trends, experts discuss what 2026 holds for the country,...

Competitive Tax Regime, Gov’t Incentives Keep Hungary Attractive for Investors

We asked some of Hungary’s Big Four consulting experts about the most significant investment and transactional projects in 2025, and...

Advent Basilica Celebrates 15th Anniversary, Tourism Rates on the Rise

Budapest’s stunning annual Christmas markets have officially opened their gates, with new amenities and holiday attractions, as tourism in Hungary...

11th Annual Brain Bar Festival Still Has ‘Faith in the Future’

The last quarter of a century has brought unprecedented changes across nearly all aspects of life, whether social, economic, or...

AmCham Digital Impact Day: Staying Ahead in the Age of Digitalization

The American Chamber of Commerce in Hungary hosted its first Digital Impact Day on May 28 at the Telekom Campus....

Domestic Players ‘Dominate’ Real Estate in 2024, Will International Money Follow in 2025?

Hungary saw real estate investments from domestic and international shareholders in 2024, with handovers in office, retail, and industrial fields....

Hungary’s 1st Mandatory ESG Reports due for Publication in 2025

Obligations under Hungary’s ESG Act were phased in from the start of the 2024 financial cycle, with 2025 marking the...

2025 in Hungarian Healthcare: COVID-19 on a Definitive Decline

With new, integrated methods for data collection and monitoring, Hungarian healthcare professionals are preparing for another year of challenges, both...

Tourism in Hungary at its Highest in Years. Will it Remain in the New Year?

Tourism rates in Hungary are the highest they have been in the past 4 years, and the country is hoping...

Marriott Launches LevelUp Program in Budapest: ‘Be Curious, Connected and Courageous.’

Some 25 young adults from all over Hungary applied for the first-ever staging of Marriott International’s LevelUp program, a three-month...

BYD Szeged Promises Ecosystem Development and a Significant Economic Boost for the Area

The Szeged factory plans announced just before Christmas by Chinese electric automaker Build Your Dream include an ambitious timeline for...