Business

Industrial

Faedra22 Logistics Center Sold to German Investors

The Faedra22 logistics center has been sold to a German investor. It is the second such development by the Hungarian...

Residential

Cordia’s Marina City Project Begins

The development of the Marina City project, Cordia’s latest urban rehabilitation development, on the Pest side of the Danube has...

Retail

Foreign-owned Companies Generate Over Half of E-tail Turnover

Foreign-owned companies accounted for around 55% of retail online and mail-order turnover in Hungary last year, data from the Central...

HR

AmCham Looking for Healthcare Committee Chair

The American Chamber of Commerce in Hungary is calling for nominations for its healthcare committee chair position. The chairperson leads...

HR

2/3 of Hungarians Have Basic Expectation of Home Office

According to nearly two-thirds of Hungarian employees, working from home is a basic expectation in those areas where it is...

Retail

BioTechUSA Revenue Climbs Over HUF 90 bln in 2023

Revenue of dietary supplement maker BioTechUSA rose 15% to HUF 90.5 bln last year, the company said on Wednesday, according...

Science

AI may Save Hungarian Healthcare, Says Leading Doctor

Artificial intelligence is revolutionizing the healthcare industry and could help overcome a lack of healthcare professionals in Hungary, according to...

Automotive

AutoWallis Group Registers Strong Vehicle Sales in Q1

AutoWallis Group, is experiencing substantial growth with a 16% increase in new vehicle sales in Q1 2024, exceeding the 7%...

Transport

Uber to Return to Hungary at Beginning of Summer

The official approval process for the operation of the Uber taxi company in Hungary has been completed, and the service...

Automotive

Nat’l Economy Minister Presses for Incentives to Boost E-Mobility Transition

National Economy Minister Márton Nagy pointed to a slowdown in the electromobility transition in Europe and urged incentives for states,...

Residential

25,000 Apartments Being Built in Budapest

About 25,000 new apartments are being built in Budapest, according to a March housing market survey from Otthon Centrum....

Manufacturing

Wienerberger Lays Cornerstone of HUF 12 bln Concrete Tile Plant

Austrian-owned Wienerberger laid the cornerstone of a HUF 12 bln concrete tile plant in Hejőpapi on Tuesday, according to a...

Science

Semmelweis Uni Researchers Track Childhood Cancer Survivors

Research by Semmelweis University concludes that there is a distinct difference in how childhood cancer survivors fare in education, employment,...

Residential

Real Estate Continues to Strengthen in March

The real estate market continued to strengthen in March; the domestic market closed with 30,154 transactions in the first quarter,...

Telco

Yettel Magyarország Revenue Climbs to EUR 615 mln in 2023

Revenue of telco Yettel Magyaország rose in the double digits to EUR 615 million last year, CFO József Takács said...

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...