Business

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...

Office Market

Academia Offices 80% Let Says Asset Manager ConvergenCE

Colossyan, one of Hungary’s fastest-growing start-ups, has signed a 1,000 sqm lease at Academia Offices, located in the historic center...

Innovation

WEnnovate Looking to Accelerate Energy Innovation Ecosystem

WEnnovate is an ambitious initiative, aiming to boost the energy innovation ecosystem. The project focuses on creating an action plan...

Telco

4iG Acquires 100% Stake in PR-Telecom

4iG Group is set to acquire a 100% stake in PR-Telecom Távközlési Zrt (PR-Telecom), a regional fixed-line telecommunications operator in...

Transport

Hungary Launches Further Consumer Protection Probes of Airlines

Justice Minister Bence Tuzson on Thursday announced the launch of further consumer protection probes against airlines for late and canceled...

Residential

52% of Owners Interested in Increasing Energy Efficiency

More than half of property owners (52%) are interested in home renovation projects aimed at increasing energy efficiency, according to...

Transport

100 New Public E-charging Stations Nationwide

More than 100 new public e-charging stations outside the capital can be established nationwide, thanks to a HUF 28 billion...

Residential

Cordia Polska Announces 2nd Successful Bond Issue in Poland

Cordia Polska Finance, a member of the Cordia Group, has completed its second bond issue on the Catalyst platform of...

Logistics

Construction of Weerts Logistics Park in Ebes Reaches Highest Point

In June 2024, the latest construction of the Weerts Logistics Park (WLP), being built in the neighborhood of Debrecen, in...

Automotive

Gov’t to Call HUF 28 bln Tender for EV Charging Infrastructure

A tender for HUF 28 billion in REPowerEU support to develop the EV charging station infrastructure will be called in...

HR

Romania Jobless Rate Flattish in May 

Romania's unemployment rate stood at 5.4% in May, edging up by 0.1 percentage points from April, the National Institute of...

Residential

Home Renovation Subsidies to Support up to 30,000 Projects

A HUF 108 billion government program to support home energy efficiency improvements could result in 20,000-30,000 renovations, State Secretary Gergely...

Innovation

Share of Daily Internet Users in Hungary Reaches 88%

The share of Hungarians who use the internet every day reached 88% in 2023, a survey of digital society by...

Deals

GLS Acquires Hungary’s iLogistic

Parcel service provider GLS on Tuesday announced the acquisition of Hungarian e-commerce fulfillment company iLogistic, according to a report by...

HR

Slovenia Jobless Rate at 3.2% in May

Slovenia's unemployment rate came in at 3.2% at the end of May, down from 3.3% in April, according to data...

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...