Business

Deals

MISZ Signs Strategic Coop Deal With Several Organizations

The Hungarian Innovation Association (MISZ), the National Innovation Agency and the National Research, Development and Innovation Office signed a strategic...

HR

Employees More Worried About Jobs

The optimistic perception of Hungarian employees regarding the continuation of their current job has fallen slightly compared to last year,...

Retail

Slovenia Retail Sales Fall in March

Retail sales in Slovenia fell 0.4% year-on-year in March, easing from a downwardly revised 3.9% decline in the previous month,...

Retail

Lithuania Retail Sales Growth Slows in March

Retail sales in Lithuania slowed to 3.8% year-on-year in March from a downwardly revised 4.6% rise in the previous month,...

Transport

Hungarian, Tunisian Companies to Partner on Railway Developments

An agreement between Hungary's Ganz and a Tunisian partner has been reached, paving the way for the start of large-scale...

Innovation

Subsidized Credit Scheme for SMEs to Launch Tuesday

The National Economy Ministry announced the launch, on Tuesday, of a HUF 155.5 billion subsidized credit scheme to support new...

Residential

Hungary Home Prices Climb in Q4 – MNB

Home prices in Hungary rose 5.8% year-on-year in the fourth quarter of 2023, data released by the National Bank of...

Innovation

The Path to an Eco-Friendly Office Environment and Sustainable Printing

In today’s fast-paced business world, companies are constantly looking for ways to enhance efficiency and promote sustainability. The concept of...

Automotive

AutoWallis Devoting 2023 Profits to Financing Intense Expansion

The AutoWallis Group held its annual general meeting, where shareholders elected new members of the Board of Directors and then...

HR

15% of Hungarian Workers Looking for Work Abroad

Globally, 23% of workers are looking for a job abroad, compared to 15% of Hungarians, according to Boston Consulting Group...

Retail

1st Hungarian Primark to Open Next Month

Primark has announced the opening date of its first store in Hungary. The highly anticipated store will be located in...

Logistics

Gebrüder Weiss Inaugurates HUF 10 bln Expansion

Austrian-owned logistics company Gebrüder Weiss Kft. inaugurated a HUF 10 billion expansion at its base in Dunaharaszti (20 km southeast...

Industrial

Industrial Developers Committed to Sustainability Accredited Complexes

The 45,000 sqm MG3 warehouse at HelloParks Maglód in Greater Budapest is the first industrial property in Hungary to achieve...

Sustainability

Wizz Air Looking to Sustainable Air Fuels to Take Flight

The ultra-low-cost airline Wizz Air, which claims to be Europe’s fastest-growing and greenest airline, has announced that it aims to...

Residential

Conditions for New Home Renovation Grant Softened

Starting June 3, subsidies are available under the Home Renovation Program, which allows owners of nearly 20,000 domestic family and...

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...