Business

Deals

Unione Acquires Interspar Units in Nyíregyháza and Zalaegerszeg

Unione Group has acquired a retail portfolio composed of two Interspar stand-alone units located in Nyíregyháza and Zalaegerszeg, leased and...

Retail

Bulgarian Retail Sales Growth Slows in May

Retail sales in Bulgaria increased by 1.6% year-on-year in May, slowing down from a 9.9% rise in the previous month,...

Automotive

BMW Leads Premium Segment in Hungary

BMW Group Magyarország sold 2,765 new BMW models in Hungary in the first half, making it market leader in the...

Automotive

Hipa: Punitive Tariffs on Chinese EVs Don’t Benefit Automotive Industry

Punitive tariffs on some Chinese EVs imposed by the European Commission benefit neither consumers nor manufacturers in Europe, the CEO...

Transport

Vehicles With Green License Plates Rises to 100,000+

The number of vehicles with green number plates in Hungary has risen to more than 100,000, the Ministry of Energy...

Retail

Retail Sales up 3.6% y.o.y. in May

In May 2024, the volume of retail trade in Hungary according to both raw and calendar-adjusted data was 3.6% higher...

Residential

Duna House Commissions Revenue Climbs 33% in Q2

Commissions revenue of Duna House's franchise network rose 33% year-on-year to HUF 4.1bn in the second quarter, the listed real...

Transport

UPS Healthcare Invests Over EUR 20 mln to Boost Temperature-Controlled Fleet

UPS Healthcare is investing more than EUR 20 million in buying over 200 state-of-the-art, temperature-controlled vehicles to enhance its comprehensive...

Retail

Czech Retail Sales Growth Eases in May

Retail trade in the Czech Republic grew 4.4% year-on-year in May, slowing from an upwardly revised 5.7% gain in the...

Manufacturing

Estonian Industrial Output Falls Further in May

Estonia's industrial production fell 1.2% year-on-year in May, easing from an upwardly revised 4.8% drop in the previous month, data...

Transport

Budapest Airport Sets up Support Points for Passengers Waiting out Delays

Budapest Airport has designated dedicated waiting areas for passengers facing flight delays, the operator of Ferenc Liszt International said on...

Automotive

Production and Share up at Magyar Suzuki, Despite Shrinking Market

Presenting its 2023 results on June 12, Magyar Suzuki Corporation says production grew markedly, with a focus on hybrid models....

Science

Quantum Computing: Insights From a Senior Research Scientist

Robert Bosch Kft. and the Bosch Budapest Innovation Campus hosted the “Recent Advances in Quantum Computing and Technology” (ReAQCT) conference...

Residential

Many Overpriced Properties on the Market

There are many overpriced properties on the market, with differences as much as 30% compared to the real price, according...

Sustainability

Hotel Owners Increasingly Looking for Sustainability Accreditation

CEE hotel assets are significantly behind the sector in Western Europe concerning ESG as players in the region still tend...

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...