Business

Innovation

Creativity and Entrepreneurship – It’s Never Too Early to Start!

In the United Way Innomate program, students prepare for a successful adult life through nationwide high school training followed by...

Residential

Budapest Sublet Market Changes in May

The situation in the Budapest sublet market changed in May, according to profitline.hu. Budapest rents rose 1.4% compared to April...

Office Market

Colossyan Signs Lease: Academia Offices Exceed 80% Occupancy

Colossyan, one of Hungary's fastest-growing and internationally recognized startups, signed a lease agreement for 1,000 sqm offices at Academia Offices...

Automotive

Gov’t Mulls Steps After EC Blocks Vehicle Parts Plant Aid

Hungary's government is weighing further steps after the European Commission blocked state aid for a vehicle parts plant in the...

Manufacturing

Romania Industrial Output Rises in April 

Industrial production in Romania rose 3.6% year-on-year in April, up from an upwardly revised 3% increase in the previous month,...

Interview

Continental Veszprém Plant Manager Looks to Transform Challenges Into Opportunities

Starting as a trainee at Continental in 2008, András Mészáros has risen through the ranks and become the plant manager...

Transport

Hungary Wants EU to Smooth Electromobility Transition

Hungary is pressing for European-wide measures to ensure electricity grids can handle the transition to electromobility, State Secretary for Industrial...

Interview

English Law, Business-as-usual, Film Financing, and the Future of AI

The CMS Budapest law firm recently named several new partners. The Budapest Business Journal sat down with all three. Excerpts....

Inside View

Navigating RED III: Opportunities and Challenges in the EU’s Renewable Energy Transition

The Renewable Energy Directive III (RED III) is the EU’s third directive on renewable energy, continuing efforts to increase renewable...

Inside View

Do not Delay in Registering the Amount of Your Pledges

To ensure the safety and smoothness of lending practices, it was deemed necessary to make information on company pledges more...

Inside View

Greening Your Strategy: Market Players’ Guide to Adapting to Changes in the Renewable Energy Sector

In the so-called second publication procedure, total public connection demand exceeded 10 GW, whereas the current average demand in Hungary...

Inside View

ESG Reporting for Global Competitiveness: Minimum Questionnaire to Help

The Hungarian legislator adopted Act CVIII of 2023 on corporate social responsibility, considering environmental, social and societal aspects (known as...

Transport

2 Major Ground Handlers at Budapest Airport Join Forces

As part of their development strategy, Airport Service Budapest Zrt. (AS Budapest) and Menzies Aviation Limited will join forces as...

HR

Around 13% of Young Hungarians out of Work and Not in Training

Around 12.9% of Hungarians between the ages of 20 and 34 were unemployed and not participating in an education or...

Construction

Construction Output Rises Sharply in April

Construction output volume, based on raw data, was over the previous year’s level by 15.6% in April 2024, according to...

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...