Business

Manufacturing

Polish Manufacturing Sector Remains Subdued

Poland's manufacturing Purchasing Managers' Index (PMI) was unchanged from May's seven-month low of 45.0 in June, survey data from S&P...

Automotive

AutoWallis Enters Czech Vehicle Retail Market

The AutoWallis Group has entered the Czech vehicle retail market after successfully closing the purchase of Stratos Auto’s three BMW...

Logistics

HelloParks PT2 in Páty Receives Occupancy Permit

HelloParks’ PT2 hall in Páty has received its occupancy permit, making the company the third largest industrial real estate developer...

Retail

Croatia Retail Sales Growth Eases in May

Retail sales growth in Croatia slowed to 8.4% year-on-year in May, from 8.6% rise in the previous month, data from...

Telco

4iG Signs MoU on Fiber Network JV With Telecom Egypt

Listed Hungarian ICT company 4iG on Monday announced the signing of a memorandum of understanding with Telecom Egypt on the...

Transport

New Railway Technical Regulations Being Prepared

A new Hungarian railway technical regulation that is more modern, more uniform and harmonized with EU regulations is being prepared,...

Manufacturing

Battery Production Contribution to GDP Set to Double

The contribution of battery production to Hungary's GDP could double after investments in the pipeline start up, National Economy Minister...

Interview

VLG’s Secrets to Success in the Cable Industry

László Vető, CEO of VLG Cables Hungary, discusses the key to the company’s success in the cable industry, revealing how...

Automotive

Hungary’s Automobile Production Set to Surpass the One Million Mark Soon

The slowdown in electric vehicle sales is temporary, and stakeholders are ready to embrace competition. However, collaboration among the entire...

Automotive

‘In Automotive Projects, Only Change is Permanent.’

Two of the leading architects and project managers from Óbuda Group talk exclusively with the Budapest Business Journal about what...

Automotive

Automotive in CEE Regional Conference 2024: Navigating the Future of the Industry

The Automotive Business in CEE Regional Conference 2024, held in Budapest, provided attendees with a comprehensive overview of the current...

Automotive

EV Market and Hungary: Fancy a Roller-Coaster Ride?

With demand for EVs dropping, market players need to adapt. This is bad news for the Hungarian economy, with its...

Automotive

162 Shell Recharge EV Charging Points in Tesco Stores

The Shell Recharge electric charging network in Tesco supermarket carparks is now available at 30 hypermarkets, the two companies have...

Automotive

Szolnok Upgrades E-fleet With E.ON’s Help

Electric cars are no longer the future but the present, as demonstrated by Szolnok, where a more than seven-year-long cooperation...

Automotive

Hungarians Spend 5 Hours a Week on Average in Their Autos

Hungarian auto owners use their vehicles for barely five hours a week, as revealed by a survey conducted by Magyar...

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...