Business

HR

Number of Registered Jobseekers Edges Lower

The number of registered jobseekers in Hungary reached 224,598 in August, edging down 2% from the same month a year...

Innovation

Marketing the Most Common Application for AI

In a survey of 260 trademark user partners conducted at the beginning of August, Magyar Termék asked the extent to...

Retail

Same-Day Delivery Collab Launched by dm and Wolt

Thanks to the Wolt Drive service, orders placed in the dm Online Shop or via the dm App can now...

Interview

Top HR Director: Introducing Schaeffler’s András Gazdag

In the fast-paced realm of business, a company's achievements are often shaped by the vision and leadership of its executives....

Automotive

AutoWallis Unveils Comprehensive ESG Strategy for Sustainable Growth

AutoWallis Group has officially released its Environmental, Social, and Governance (ESG) strategy....

Innovation

Digitization of Domestic Business Below EU Average

The digitization level of the domestic business sphere is behind the EU average, but in terms of the region, the...

Retail

From Fridges and Live Fish to Tequila, Vegan Food and 30-minute Deliveries

Having opened its first Hungarian store in late 1996, British retail chain Tesco says it is working hard to adapt...

Business

Speaker of Parliament Kövér Meets Indonesian Counterpart

Speaker of Parliament László Kövér met Puan Maharani, his Indonesian counterpart, for talks in Budapest....

Telco

Communication Costs on the Rise

Hungarians' spending on communications rose significantly last year....

Industry

Mezei-Vill Eyes Bosian Iron Ore Investment

Hungary’s Mezei-Vill eyes investment in iron ore mining in Bosnia, ministry says...

Business

MÁV Collected HUF 80 Million in Debts TYD

State railways operator MÁV-Start's revenues from debts were outstanding not only in July, but in the entire first half of...

Transport

Transport Minister Outlines Action Plan

Minister of Construction and Transport János Lázár outlined a five-point action plan the government will take to address public transportation...

Business, Energy

MOL Makes 3 New Discoveries in Pakistan

Hungarian oil and gas company MOL announced three new gas discoveries in the TAL Block of Pakistan which the company...

Construction

Construction Sector Seeing Significant Layoffs

20,000 people have already been laid off from the construction industry compared to last year, the president of the Trade...

Business

Fireworks Company Issued HUF 100 Million Dividend

Nuvu Kft., the pyrotechnics company responsible for the technical execution of today's fireworks display, promised to be Europe's largest, booked...

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...