Business

HR

Hungary Labor Costs 3rd-lowest in EU

Hourly labor costs at enterprises with at least 10 people on payroll stood at EUR 12.8 in Hungary last year,...

Retail

Spring Weather Raising Interest in Leisure Products

Interest in products related to leisure programs has picked up both in Hungary and in the countries of the region...

Manufacturing

Bosnia Industrial Output up in February

Bosnia's industrial production rose 2.1% on the year in February, following a 6.4% decline in January, the Sarajevo-based Agency for...

Innovation

Wizz Air Using VR for Pilot Training

Wizz Air is striving to be the first to use technology controlled by virtual reality in its pilot training, the...

Office Market

Futureal Sells 2 Buildings of Lipowy Office Park

Futureal Investment Partners, a member of Futureal Group, and 1 Asset Management, an investment management company, backed by real estate...

Manufacturing

Lithuania Industrial Output Jumps in February

Industrial production in Lithuania rose 3.8% year-on-year in February, accelerating from a downwardly revised 0.4% rise in the previous month,...

Innovation

Gloster Expects to Pay Dividend From 2026

Listed IT company Gloster projected a marked increase in turnover in the coming years, supported by organic growth on foreign...

Appointments

Prohuman Appoints New CEO

Ágnes Tóth has been appointed as CEO by the Board of Directors of Prohuman Zrt., a group of companies operating...

Manufacturing

Rheinmetall Lays Cornerstone of Another Plant in Hungary

German defense industry company Rheinmetall laid the cornerstone of a EUR 63 million plant that will produce components for electric...

Interview

What are the Orthopedic Benefits of Running

Running, like most recreational sports, has numerous positive effects on our health, musculoskeletal system, and cardiovascular system. It is beneficial...

Manufacturing

Moldova Industrial Output Falls in January

Moldova's industrial production dropped by 3% year-on-year in January, following a 1.1% rise in the previous month, data from the...

Residential

Housing Market Starts Year With Price Increase

The capital's housing market started the year with a price increase, in the first two months the average square meter...

Pharma

Richter Board Proposes HUF 423/Share Dividend

The board of Gedeon Richter will propose payment of a HUF 423-per-share dividend on last year's earnings at an annual...

Retail

Gobuda Mall Celebrates 2nd Anniversary

Gobuda Mall, the largest shopping center in Óbuda, hosting around 100 stores and boasting an occupancy rate of almost 90%,...

Automotive

Eve Power Starts Recruitment for Hungary Battery Plant

China's Eve Power has started recruiting for a HUF 400 billion battery plant it expects to complete in Debrecen by...

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...