Business

Interview

AmCham and GE: 35 Years of Business, Innovation and Investing in Hungary

Ahead of their joint 35th anniversary gala on June 7, the Budapest Business Journal sat down with Írisz Lippai-Nagy, CEO...

Manufacturing

Hell Energy Inaugurates HUF 80 bln Capacity Expansion

Hell Energy and Quality Pack on Friday inaugurated a HUF 80 billion capacity expansion at the soft drink maker's base...

HR

Unemployment Rate at 4.4% in April

In April 2024, the unemployment rate in Hungary stood at 4.4%, according to data published by the Central Statistical Office...

Sustainability

ESG Reporting: a Fad or the Path to a Sustainable Future?

ESG (Environmental, Social, Governance) considerations are becoming increasingly important in corporate life. Investors, consumers and employees alike expect companies to...

Appointments

Lilla Szepsi Szűcs and Viktória Hiesz Join Schoenherr Hungary

Schoenherr strengthened its real estate and projects, and regulatory/energy practices in Hungary and Central Eastern Europe with the additions of...

Transport

Wizz Air Returns to Profit

Hungarian low-fare carrier Wizz Air booked a EUR 365.9 million profit for its business year ended March 31, state news...

Sustainability

New RTL HQ Gets Class “A” Energy Certificate Following Renovation by Wing

The renovation of Liget Center, as part of a Wing development, continues to progress according to schedule, and Liget Center...

Deals

Antenna Hungária to Continue Operating as Holding Company

Listed ICT company 4iG on Tuesday said that its wholly owned subsidiary Antenna Hungária will split off its infrastructure and...

Automotive

New Car registrations in Hungary Climb 21.4% in April

The number of new passenger car registrations in Hungary rose 21.4% year-on-year to 10,402 in April, data compiled by the...

Innovation

Effects of Generative AI not yet Felt in Hungarian Labor Market

Employees who are unable to use artificial intelligence (AI) and media companies that do not integrate new technologies into their...

Podcasts

The Health of the Hungarian Healthcare System

The CEO Breakfast by the AHK Ungarn - DUIHK and the BBJ, hosted by the Anantara New York Palace Hotel,...

Innovation

Óbuda Uni Planning Technology and Innovation Park

Óbuda University is planning a Smart Industry Technology and Innovation Park in Kaposvár (185 km southwest of Budapest) jointly with...

Telco

MTel Cancels Share Buyback Option

Magyar Telekom yesterday said the share buyback auction announced on May 9 cannot currently be executed, according to a report...

Science

HUF 100 mln for NGOs Dealing With Diabetes

NGOs dealing with type one diabetes can once again apply for support, State Secretary for Families Ágnes Hornung of the...

Office Market

Gen Z Bringing New Challenges to Office Market

Office habits have changed significantly in recent times, in addition, Generation Z has entered the labor market, expecting more freedom...

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...