Business

Automotive

Q1 Growth of AutoWallis’ New and Used Vehicle Sales Above Market Avg

Revenue growth at the AutoWallis Group’s Retail & Services Business Unit exceeded market averages to reach 9% in the first...

Innovation

Gov’t Distributing 200,000 Digital Notebooks to Students

Some 200,000 digital notebooks will go to Hungarian primary and secondary schools across the country this year, State Secretary for...

Interview

Being ‘Larry:’ an interview with Actor Bennett Vilmányi

I came across the Hungarian movie “Larry” when, tired of watching formulaic three-act Hollywood movies or clever-clever TV series on...

Manufacturing

Bosch Revenue in Hungary Little Changed in 2023

German engineering giant Bosch's group-level revenue in Hungary totaled HUF 2.207 trillion last year, down 2% from 2022, the company...

Office Market

Liget Center Vitrum Structurally Complete

New boutique office development Liget Center Vitrum, a Wing development, has reached its highest point, according to a press release...

Construction

Construction Output Volume Down 6.3% y.o.y. in March

Construction output volume, based on raw data, was below the previous year’s level by 6.3% in March 2024, according to...

Science

HU-rizon Program: HUF 8 bln Funding for International Research led by Hungarian Unis

Hungary’s National Research, Development and Innovation Office (NRDIO) has announced a new HUF 8 billion call to support the launch...

Appointments

Biggeorge Adds 2 New Directors to Top Management

With the addition of János Gárdai in April and Ildikó Rézműves in May, Biggeorge Property Plc. expanded its top management...

HR

Hungarians Believe Financial Literacy Should Start in Kindergarten

Hungarians believe that the transfer of financial knowledge could start as early as kindergarten writes profitline.hu....

HR

Job Fairs for Teachers Touring Country

A nationwide series of events presenting job opportunities for future teachers has been launched with the participation of nine higher...

Transport

Waberer’s Books Record Revenue in Q1

First-quarter net income of listed Hungarian hauler Waberer's fell 90% year-on-year to EUR 1.1 million, as margins narrowed and an...

Residential

Cordia Launches Construction of Its 1st U.K. Rental Housing Development

Cordia, part of the Futureal group, has started construction work on its first build-to-rent (BTR) project in the UK. The...

Residential

Real Estate Closes Strongest Month This Year in April

The Hungarian real estate market closed its strongest month of the year so far in April, listed real estate broker...

Residential

Used Family Homes Most Difficult to Sell in Q1

The sale of used family houses was the most difficult in the first quarter of the year, Otthon Centrum said,...

Transport

Airport Developments Exceed HUF 130 bln

Budapest Airport launched a major development program in the spring of 2019, and over the past five years, the value...

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...