Business

Incubators

Equalizer Foundation Launches Mentorship Program Powered by Morgan Stanley

Equalizer Foundation (Egyenlítő Alapítvány) is launching the next edition of its mentorship program, powered by Morgan Stanley, aimed at helping...

Innovation

E.ON Showcases Smart Meter Project

Utilities company E.ON Hungaria last week showcased a project to install more than 165,000 smart meters, according to a press...

Deals

Heavy Tools to Outfit Hungarian Olympians for Paris

Hungarian clothing brand Heavy Tools will supply the Hungarian athletes' uniforms for the Paris 2024 Olympic Games under a contract...

Interview

Treatment of Lumbar Spine Disorders

Spinal problems can cause severe pain and a decrease in quality of life. Many patients, driven by fear of surgery,...

Residential

Real Estate Market Strengthened in March

The real estate market continued to strengthen in March, according to data from Duna House....

Automotive

BYD Szeged Promises Ecosystem Development and a Significant Economic Boost for the Area

The Szeged factory plans announced just before Christmas by Chinese electric automaker Build Your Dream include an ambitious timeline for...

Appointments

New CEO at Metro Hungary

As of April 1, 2024, Vladimir Gnjidić was appointed CEO of METRO Hungary, replacing Thierry Guillon-Verne, who was appointed as...

Residential

Gov’t Announces HUF 108 bln Scheme for Home Energy Efficiency Upgrades

The government will launch a HUF 108 bln subsidy scheme for energy improvements in homes built before 1990, state secretary...

HR

Romanian Jobless Rate Eases in February

Romania's unemployment rate stood at 5.6% in February, down by 0.1 percentage points from January, the Bucharest-based National Institute of...

Telco

Message Apps Eclipsing Traditional Telecom Devices

The continuous decline of traditional telecommunication devices is being observed year after year due to the proliferation of message applications,...

HR

Évosz: 30,000 Skilled Hungarians Working Across EU

The National Professional Association of Construction Contractors (Évosz) drew attention to the benefits of posting when working abroad in a...

Transport

Gov’t Mandates Review of Road Traffic Code

Hungary's government has mandated a broad review of the country's road traffic code in a resolution published in the latest...

Deals

Kinstellar to Continue Operation of Noerr’s CEE Practice

Noerr and Kinstellar have announced that Noerr's practices in Budapest, Bratislava, Bucharest, and Prague are set to be transferred to...

Manufacturing

Bosnia Industrial Output Rebounds in February

Industrial production in Bosnia and Herzegovina increased by 2.1% year-on-year in February, recovering from the revised 6.4% fall in January,...

Manufacturing

Industrial Producer Prices Fall 4.3% in February

The Producer Prices Index in Hungary dropped 4.3% year-on-year in February, falling for the seventh month in a row after...

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...