Business

Interview

Goal is to ‘Go Beyond’ as New York Palace Reaches Milestone Birthday

The Anantara New York Palace Hotel, or more specifically, the building itself, will celebrate a significant anniversary this year. General...

Interview

Three Years a Charm for Matild Palace

On June 28, the Matild will celebrate the third anniversary of its opening as the Matild Palace, a Luxury Collection...

Interview

Bringing Scottish and Hungarian Hospitality Together

Cameron McNeillie, general manager of the Dorothea, a Marriott International Autograph Collection hotel, talks to the Budapest Business Journal about...

Interview

Travel the World in (Less Than) 80 Days at Balaton’s BalaLand

The Mövenpick BalaLand Resort Lake Balaton probably has one of the most unusual hotel names in Hungary. General manager Peter...

Deals

Kecskeméti Konzerv Sold With Legal Support From Wolf Theiss

The current owners of Kecskeméti Konzerv Kft. have successfully closed the deal to sell their canning factory to Gránit Group,...

Transport

Debrecen International Airport Closed for Runway Repairs

Debrecen International Airport has been closed to repair damage to the runway caused by high temperatures, the airport told state...

Science

More Unis Join Hungary’s UniSpace Training Program

Four more universities joined UniSpace Hungary, a consortium of institutions of higher education established to train the next generation of...

Manufacturing

Slovakia Industrial Output Falls in May

Industrial production in Slovakia fell 0.1% year-on-year in May, shifting from a six-month high and downwardly revised 6.2% in the...

Interview

Budapest’s Theater Under the Stars

Since 1938, Margaret Island Open-Air Theater has been the nation’s largest theater. Initially, it was a summer venue for the...

Transport

Hungary to Join e-CMR Convention

The Government of Hungary has officially declared its intention to join the international convention on electronic waybills....

Manufacturing

Ganz Publishes Its 1st ESG Report

For the first time, Ganz Transformers and Electric Rotating Machines has published an ESG report describing its efforts to operate...

Innovation

Hungary Presents Proposals to Accelerate Electromobility Transition

Hungary submitted an eleven-point package of recommendations on accelerating the switch to electric vehicles to the European Union's Competitiveness Council...

Manufacturing

Industrial Production Decreases in May

The volume of industrial production dropped in May 2024 by 5.2% year-on-year, based on working-day adjusted data, production declined by...

Manufacturing

Czech Industrial Output Decline Worsens in May

The Czech Republic's industrial production declined a working-day-adjusted 3.2% year-on-year in May, much faster than the 0.4% drop in April,...

Appointments

New Managing Director at OMV Hungary

Ján Hrivňák took over as managing director and head of the retail division of OMV Hungária Kft. this month, the...

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...