Business

Deals

Fortaco Sells Heavy Project Business in Hungary

Fortaco has signed an agreement to sell its heavy project business in Jászberény, Hungary to Cyclus GmbH (50%) and Ask...

Automotive

Number of Vehicles With Green Plates Climbs Over 96,000

There were over 96,000 vehicles registered in Hungary with green number plates at the end of April, the Energy Affairs...

Retail

Czech Retail Sales Growth Accelerates in March

Retail trade in the Czech Republic rose 6.1% year-on-year in March, up from an upwardly revised 2.5% gain the previous...

Innovation

The Makings of the Future Smart Electricity Network

In the future, most people would like to see an increase in the share of renewable energy sources, and by...

Manufacturing

Industrial Production Drops in March

The volume of industrial production dropped in March 2024 by 10.4% year-on-year, while based on working-day adjusted data production declined...

Retail

Slovakia Retail Sales Growth Eases in March

Retail sales in Slovakia rose by 0.5% year-on-year in March, marking the third consecutive month of growth, although easing from...

HR

State Spends HUF 70 bln on Disabled Employment

Every year, the state supports the employment of people with altered work abilities with more than HUF 70 billion, explained...

Manufacturing

Czech Industrial Production Falls in March

The Czech Republic's industrial output declined a working-day-adjusted 2.7% year-on-year in March, reversing a 0.7% increase in February, data from...

Retail

Nearly 70% of Hungarians Shop Online

Some 69% of Hungarians regularly buy and pay online, but a fifth of online customers still do not check the...

Residential

Living’s Kassák Terrace and Park West 3 Classified as Brownfield Projects

Living's Kassák Terrace and Park West 3 residential developments have been classified as brownfield projects, and now private individuals can...

Appointments

Angela Saliba Appointed New Multi-Property GM of Marriott Hungary

Angela Saliba has been appointed the new multi-property general manager of the Budapest Marriott Hotel and Millennium Court, Marriott Executive...

Retail

Bosnia Retail Sales Growth Eases in March

Retail sales in Bosnia and Herzegovina rose 15.4% year-on-year in March, slowing from an 18.7% surge in the prior month,...

Retail

Hungarian Webshop Turnover Climbs 8.5% in 2023

Retail sales of Hungarian webshops rose 8.5% to HUF 1.474 trillion in 2023, research by consultancy GKID and Mastercard show,...

HR

Finding Expertise, Not Funding It, Greatest Challenge

Finding talent, not financial constraints, is the biggest challenge for companies that are recruiting, according to research from the HR...

Office Market

IWG Adds New Regus Location in Budapest

IWG is opening a new, flexible workspace in Budapest, against a backdrop of rising demand for hybrid working across the...

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...