Business

Residential

Home Rental Rates Rise 10.5% in May

Home rental rates in Hungary rose 10.5% year-on-year in May, according to data compiled by the Central Statistical Office (KSH)...

Construction

Slovak Construction Output Rebounds in April

Slovakia's construction output advanced 9% year-on-year in April, reversing a 9.4% fall in the previous month, data from the Bratislava-based...

Interview

Navigating Automotive Financing Trends in Uncertain Times

As the automotive industry faces unpredictable changes, Ádám Záhonyi, head of automotive relations at MBH Bank, discusses the critical trends...

Competition

Project Avatar Wins Solve for Tomorrow 2024

The 2024 Solve for Tomorrow competition concluded with the Alternative Secondary School of the Budapest School of Economics' Project Avatar...

Ecosystem

Nearly 100 Hungarian SMEs Join Int’l Health Innovation Circuit

Over the past six months, more than 90 Hungarian SMEs have had the opportunity to showcase their healthcare innovations on...

HR

Vocational Training Councils Undergoing Renewal

A system of sectoral councils established to better coordinate vocational training with market needs will undergo a renewal that extends...

Automotive

Hungary Protests Punitive Tariffs on Chinese EVs

National Economy Minister Márton Nagy said Hungary was opposed to "brutal" punitive tariffs on Chinese EVs announced by the European...

Residential

Weak Demand for Real Estate in Northern Agglomeration of Budapest

While the supply is significant, the demand is currently weak in the real estate market of the northern agglomeration of...

Residential

Home Rental Rates in Hungary Rise 10.5% in May

Home rental rates in Hungary rose 10.5% year-on-year in May, data compiled by the Central Statistical Office (KSH) from listings...

Deals

Booking Site Operator Szállás Group Acquires Romanian Peer

Szállás Group, which owns booking site operators in Hungary, Poland, Romania, the Czech Republic and Croatia, has acquired an 80%...

Pharma

Richter Agrees to Acquire Mithra Assets for EUR 175 mln

Hungarian pharmaceutical company Gedeon Richter on Tuesday announced that it agreed to acquire certain assets from Belgian peer Mithra Pharmaceuticals,...

Automotive

Rába Properties Sell for HUF 780 mln at Auction

Real estate of Rába has been sold at auction for HUF 780 million, the listed automotive industry company announced after...

Fintech

CIB Visa Inspire Platinum Bank Card Debuts

CIB Bank has launched a new premium bank card offering exclusive services, according to a press release sent to the...

Podcasts

EU Elections and Economic Trends

50 guests drawn from Budapest's CEO and diplomatic communities (including six ambassadors) started their day at the BBJ Boardroom Meeting...

Manufacturing

Industrial Performance Down due to European Economy, Says Ministry

The recovery of industry's performance is still being delayed by the weak performance of the European economy, especially Hungary's most...

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...