Business

Deals

Akko Invest Board Recommends Refusing Mevinvest’s Share Purchase Offer

The Board of Directors of Akko Invest Nyrt. has provided its opinion on the mandatory public offer made by Wing...

Innovation

Minister Points to Need for Promoting Use of AI Among Businesses

National Economy Minister Márton Nagy said the government needed to encourage businesses to use artificial intelligence as part of its...

HR, Interview

The New Benchmark for Success

The benefits of workplace well-being programs have been widely studied over the past 40 years and include engagement, employee retention...

Logistics

Infogroup Continues Operation as Innovinia

In September 2024, one of Hungary's leading real estate developers, Infogroup, best known for its industrial-logistics developments, changed its name...

Residential

Home Rental Rates in Hungary Rise 9.9% in August

Home rental rates in Hungary rose 9.9% year-on-year in August, data compiled by the Central Statistical Office (KSH) from listings...

Sustainability

New Implementation Decrees for Hungarian ESG Act Now Out

On Aug. 15, SzTFH Decree 12/2024 (VIII. 15.) and SzTFH Decree 13/2024 (VIII. 15.) were published in the official Hungarian...

Automotive

Hungary a ‘Frontrunner’ in Advancing Electromobility – State Sec

Hungary is a "frontrunner" in terms of efforts to advance electromobility, State Secretary for Industrial Policy and Technology Gergely Fábián...

Office Market

Market Talk: How ESG is Shaping Real Estate

ESG compliance is a necessity for a successful real estate project with increasingly stringent and all-embracing international regulations and market...

Logistics

Waberer’s Unit Wins Magyar Posta Logistics Base Tender

WPL-Log, the real estate business of listed hauler Waberer's International, has won a tender to develop a logistics base for...

Startups

Denxpert Secures EUR 1 mln in Seed Funding

Denxpert, a Hungarian startup specializing in environmental, health, safety, and sustainability (EHS&S) software, received a significant investment of EUR 1...

Sustainability

The Hungarian Forestry Firm Working to Restore Soil, Spread Carbon Credits

For the past year and a half, climate policy consultant Viktor Jósa has been contributing to the sustainable business development...

Deals

Hungary to Acquire Controlling Stake in GySEV

The state of Hungary could acquire Austrian construction company Strabag's stake in GySEV, giving it a majority holding in the...

Construction

Hungary’s Construction Activity Falls in July

Hungary’s construction sector saw a 6.2% decline in output in July 2024 compared to the same period last year, according...

Appointments

Special Effects Ltd. Appoints Fresh CEO

For the first time in its 42-year history, event service provider Special Effects Ltd. has appointed a former global FMCG...

Automotive

DHL Doubles Electric Van Fleet in Budapest

DHL Express Hungary has announced a significant expansion of its zero-emission fleet in Budapest, doubling the number of electric delivery...

Appointments

Géza Palocsay Named Managing Director of Douglas Central Europe

Géza Palocsay has been appointed managing director of Douglas Central Europe, overseeing the beauty retailer’s operations in Hungary, the Czech...

Residential

Budapest Castle District Voters Back Short-Term Rental Ban

Nearly 59% of participants in an online vote in Budapest’s District I supported a complete ban on short-term rentals, Castle...

Real Estate

Erste Real Estate Investment Fund Buys H2Offices

Skanska has agreed to sell the second phase of its H2Offices complex to Erste Open-Ended Real Estate Investment Fund, represented...

Retail

Aldi Cuts Selection and Prices, Shifts toward Stricter Discount Model

Aldi has reduced its food assortment from 2,600 to 2,100 products as part of a data‑driven cleaning process that keeps...

Business

Working for a Competitive Advantage – The Latest Issue of the BBJ

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

Real Estate

Investors Becoming More Selective as Markets Rebound

Commercial real estate investment across the CEE-6 markets reached EUR 5.8 billion for H1 2026 compared with EUR 5.4 bln...

Géza Palocsay Named Managing Director of Douglas Central Europe

Géza Palocsay has been appointed managing director of Douglas Central Europe, overseeing the beauty retailer’s operations in Hungary, the Czech...

Continest and Sweden’s Flexotrap Join Forces on Modular Shooting Ranges

As defense spending grows in importance across Europe following Russia’s full-scale invasion of Ukraine, local firm Continest Technologies Plc. and...

Hungary’s Housing Costs Drive Buyers Toward Garden Plots and Former Wine Cellars

Rising house prices and living costs are pushing more buyers toward properties on Hungary’s outlying garden plots and vineyard land,...

Budapest Castle District Voters Back Short-Term Rental Ban

Nearly 59% of participants in an online vote in Budapest’s District I supported a complete ban on short-term rentals, Castle...

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...

Erste Real Estate Investment Fund Buys H2Offices

Skanska has agreed to sell the second phase of its H2Offices complex to Erste Open-Ended Real Estate Investment Fund, represented...

Hungary Retail Sales Rise 2.4% in August

Hungary’s retail sales volume increased 2.4% year on year in August but fell 0.7% from July, according to data from...

Hungarian EV Market Continues to Grow, Leading CEE

Electromobility in Hungary continues to grow. In the first half of the year, 7,497 new all-electric passenger cars were registered,...

GTA VI Preview Sends Hungarian Console Interest Surging

Clicks from Hungarian price comparison site Árukereső to online console retailers rose roughly sevenfold the day after the Aug. 27...

Aldi Cuts Selection and Prices, Shifts toward Stricter Discount Model

Aldi has reduced its food assortment from 2,600 to 2,100 products as part of a data‑driven cleaning process that keeps...

18,000 Truck Drivers Near Retirement, Hungary Faces Shortage

Europe currently has more than 500,000 unfilled truck‑driver positions, and another 600,000 drivers are expected to reach retirement age in...

Working for a Competitive Advantage – The Latest Issue of the BBJ

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

Hungary’s Industrial Producer Prices Rise 4.8% as Energy Export Prices Surge

Hungary’s industrial producer prices rose 4.8% year-on-year in August and 2.9% from July, with energy export prices climbing sharply amid...

Szentkirályi to Take Over Almdudler Distribution in Hungary From January.

Szentkirályi Magyarország is set to take over Hungarian distribution of popular Austrian herbal soft drink Almdudler on January 1, 2027....

Investors Becoming More Selective as Markets Rebound

Commercial real estate investment across the CEE-6 markets reached EUR 5.8 billion for H1 2026 compared with EUR 5.4 bln...