Business

Industrial

Industrial Markets Remain Attractive Across CEE

The total supply of modern industrial and logistics stock across the capital city markets in the CEE-13 countries amounts to...

Automotive

Prototype Czech-Hungarian Electric Midibus Unveiled

Hungary’s Ganz and Czech collaborator SOR have showcased the Ganz-SOR EBN8 electric midibus prototype. If serial production is given the...

Fintech

Revolut Celebrates 1.5 Million Customers in Hungary

Revolut, a financial app with more than 45 million customers around the world, has announced it reached an important milestone...

Residential

Hungarian Homes Selling Quicker

The Hungarian real estate market has seen a noticeable reduction in the time homes spend on the market before being...

Manufacturing

Hungary PMI Points to Contraction in July

Hungary's seasonally-adjusted Purchasing Managers Index (PMI) stood at 49.2 points in July, edging up from 49.1 points in June, the...

Construction

Housing Construction Slump Continues in H1 2024

The housing construction sector in Hungary continues to face a notable downturn, as highlighted by the latest data from the...

HR

1/3 of SME Managers Feel Like Slaves to Their Company

Research conducted by MiniCRM reveals that only two out of three small- and medium-sized business decision-makers actively formulate a vision...

Interview

Summer Recommendations From Doctors at Dr. Rose Private Hospital

Check out the following recommendations for the summer season from some of Hungary's foremost medical experts....

Automotive

Over 3,400 Companies Apply for EV Subsidies

More than 3,400 businesses have submitted applications for subsidies in a scheme to support purchases of EVs, the Energy Affairs...

Construction

Masterplast Losses Narrow in Q2

Listed building materials maker Masterplast booked a net loss of EUR 1,790,000 for the second quarter, improving from a EUR...

Telco

Digi Acquires Direct One Satellite Customer Base

Digi will take over the Hungarian satellite customer base of Direct One , according to a deal inked recently....

Manufacturing

Rheinmetall Hungary Munitions Plant Inaugurated

Rheinmetall Hungary Munitions, a joint venture of German defense industry company Rheinmetall and Hungary's N7 Holding National Defence Industry Innovation...

Automotive

Nearly 60,000 Pure EVs on the Road in Hungary

The number of purely electric vehicles (EVs) in Hungary reached 59,209 by the end of June 2024....

Residential

Hungary House Price Index Reaches 9.1% in Q1

Hungary's annualized house price index stood at 9.1% in the first quarter, data compiled by the Central Statistical Office (KSH)...

HR

Hungary Unemployment Rate Rises Slightly to 4.2%

According to the latest data from Hungary's Central Statistical Office (KSH), the employment landscape in Hungary remained stable in June...

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...