Business

Transport

Airport Developments Could Double Passenger Numbers – State Sec

Passenger numbers at Ferenc Liszt International could double from around 15 mln a year with developments, Prime Minister's Cabinet Office...

Deals

WTS Klient, VGD Hungary to Merge

WTS Klient and VGD Hungary, two prominent players in the Hungarian accounting and consulting market, have decided to merge their...

Residential

Home Prices Climb Close to 8% in Q1 – MNB

Home prices in Hungary rose 7.5% year-on-year in the first quarter, data released by the National Bank of Hungary (MNB)...

Retail

Hungarians Ordering More Fresh Produce Online

Hungarians mainly order durable food online, but more people are buying fresh products as well, data from Foodora Market revealed....

Interview

Schott Pharma’s HUF 28 bln Investment Boosts Hungarian Pharmaceutical Manufacturing

While it may lack the heavy weighting of the automotive sector in Hungary’s economy, healthcare remains a significant contributor to...

Interview

Looking to Grow in a Healthy Manner

Péter Haraszti, the founder, owner and CEO of TritonLife Group, discusses the growth of what is now Hungary’s largest private...

Science

FirstMed Aiming at Expansion and Introducing AI

English-language clinic FirstMed opened in Hungary 25 years ago. Since then, it has faced challenges such as the 2008 financial...

Science

How Healthcare Data Could Change the Game in Europe

Once data can move freely in the European Union as goods, services, capital, and people already do, it could turbocharge...

Manufacturing

Rheinmetall Q2 Profits up 111%

Rheinmetall AG, Germany's largest arms manufacturer, posted a 111% jump in second-quarter profits, thanks to an increase in the sale...

Retail

Summer Heatwave Spurs Interest in Water Sports Products

As summer's intense heatwave sweeps across Hungary and its neighboring countries, residents are seeking solace by the water and in...

Manufacturing

1st Hungarian-made Lynx Delivered to Army

The first Hungarian-made Lynx infantry fighting vehicle was handed over to the Hungarian Defense Forces on Wednesday, according to a...

Logistics

New Classification Required for Logistics Activities From 2025

A new definition has been introduced to the regulation on the network of regulated parks: from January 1, 2025, certain...

Manufacturing

Lithuania Industrial Output Tumbles in June

Industrial production in Lithuania tumbled to 4.5% year-on-year in June from an upwardly revised 5% growth in the previous month,...

Fintech

Hungary Boasts Over 200 FinTech Companies

The number of FinTech companies in Hungary reached 212 in 2022, a report on the sector released by the National...

Residential

Budapest Housing Market Grew Spectacularly in H1

After last year's low point, the new housing market in Budapest produced spectacular growth in the first half of this...

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...