Business

Deals

NiT Hungary, MKIF Sign Coop Deal for Road Safety

This week, the Federation of National Private Transporters (NiT Hungary) and MKIF Hungarian Concession Infrastructure Development Plc. (MKIF) signed a...

Transport

China Southern Airlines to Launch Budapest-Guangzhou Flight

China Southern Airlines will launch a flight between Budapest and Guangzhou, Minister of Foreign Affairs and Trade Péter Szijjártó said...

Automotive

Green License Plate Registrations on the Rise in March

The number of vehicles with green license plates in Hungary reached a peak in March, the Ministry of Energy Affairs...

Fintech

Hungary Transposes EU Rules on Markets in Crypto-assets 

Hungarian MPs approved legislation transposing European Union regulations and directives on markets in crypto-assets into national law on Wednesday, according...

HR

Wages at BUD Group up 55% in 2 Years

Due to wage increases over the past two years, implemented in line with inflation and the changes in the economic...

Deals

BKM Acquiring E.ON’s Share in Capital’s Public Lighting

BKM Budapest Public Utilities Nonprofit will acquire E.ON Hungária's 50% stake in BDK Budapest Decorative and Public Lighting, according to...

Manufacturing

Estonia Industrial Output Drops in February

Estonia’s industrial production dropped 5.7% year-on-year in February, marking the 18th consecutive month of contraction, although easing from a downwardly...

Transport

MOL Bubi Bike Share Scheme Set to Double in Size

The fleet of Budapest's MOL Bubi bike-sharing scheme, operated by the Budapest Transport Center (BKK) with the support of Hungarian...

Manufacturing

Construction of New Mercedes Unit in on Schedule

The construction of the new Mercedes factory in Kecskemét is proceeding according to the original schedule, the Minister of Foreign...

Telco

Kermann IT Solutions Shares to Start Trading on April 10

Shares of Hungary's Kermann IT Solutions will start trading on the Budapest Stock Exchange's Xtend platform, tailored to SMEs, from...

Office Market

Wizz Air Moves Headquarters to Millennium Tower

Low-cost airline Wizz Air has relocated its headquarters to Millennium City Center office park in Budapest, securing an 8,000 sqm...

Fintech

CyberShield Program Extended Until 2027

Although the value of damages caused by bank transfer fraud decreased in 2023, further efforts are necessary and the participants...

Retail

Czech Retail Sales Growth Eases in February

Retail trade in the Czech Republic slowed to 1.6% year-on-year in February from an upwardly revised 1.3% growth in the...

Transport

MÁV Trialing Conductor-free Trains

The S76 trains between Pilisvörösvár and Rákos started operating without ticket inspectors on a pilot basis on April 7, leading...

Office Market

Restaurant Gourmenza Opens in H2Offices

The first phase of H2Offices is now home to premium restaurant Gourmenza. Spread over 690 sqm, with a 123 sqm...

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...