Business

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...

Office Market

Wing Redeveloping HOP Technology Office Park

The HOP technology office park located in District XIV district of Budapest, on Hungária körút, is undergoing a major change...

Appointments

François Berisot Appointed CEO of Budapest Airport

François Berisot is the new CEO of Budapest Airport Zrt., as of June 6, 2024, according to a press release...

HR

Poland Jobless Rate Decreases in May

The unemployment rate in Poland decreased for the third straight month in May to the lowest level in six months,...

Automotive

Peugeot Brand Sales in Hungary Climb 30% in Jan-May

Peugeot brand dealers in Hungary sold 1,247 vehicles in the first five months of the year, 30% more than in...

Office Market

Employees’ Expectations Towards Working in Office Evolving

Expectations regarding the office and office work have fundamentally changed in recent years. In many industries, remote working has become...

Appointments

Bruno van Pottelsberghe to Take Over as Corvinus Uni Rector

Following his appointment, expected to be effective as of August 1, Bruno van Pottelsberghe is set to take over the...

Retail

Retail Sales Could Drive Growth in 2024 – MBH

Retail sales could be the biggest engine of GDP growth this year as consumer confidence recovers, MBH Bank analysts told...

Retail

Poland Retail Sales Growth Improves in May

Poland's retail sales grew by 5% year-on-year in May, up from a 4.1% rise in the previous month, figures from...

Transport

Over 3,200 Companies Apply for EV Subsidies

More than 3,200 businesses have submitted applications for subsidies in a scheme to support purchases of EVs, the Energy Affairs...

Transport

Summer Season in Full Swing at Budapest Airport

The summer season at Ferenc Liszt International Airport is now in full swing, offering travelers a gateway to 130 cities....

Retail

Mandatory Food Price Discounts to End

Mandatory supermarket discounts on food products rolled out a year ago to bring down inflation will cease from July 1,...

Office Market

IWG Adds 2 New Regus Offices in Hungary

International Workplace Group (IWG) is opening two state-of-the-art flexible workspaces in Budapest and Miskolc, according to a press release sent...

HR

Montenegrin Jobless Rate Drop in Q1

Montenegro's unemployment rate fell to 11.9% in the first quarter of 2024, from 15.5% in the prior-year period and from...

Manufacturing

Lithuania Industrial Output Eases in May

Industrial production in Lithuania slowed to 4.7% year-on-year in May, from a ten-month high and downwardly revised 5.4% growth in...

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...