Business

Deals

Hungary to Take Delivery of Additional Gripen Fighters in 2025-2026

Hungary will take delivery of four new Gripen fighter jets in 2025 and 2026, Defence Minister Kristóf Szalay-Bobrovniczky said on...

Automotive

AutoWallis Group to Remain Opel Importer in Hungary, 3 CEE Countries

Opel has again chosen the AutoWallis Group’s subsidiary, AutoWallis Distribution, to act as wholesale distributor for the Opel brand in...

Telco

Data Traffic Drives Magyar Telekom Growth – CEO

A "dynamic expansion" of data traffic was the engine of growth for Magyar Telekom last year, CEO Tibor Rékasi told...

Residential

Újház Debuts Construction Industry Trend Monitor

The Újház Construction Industry Trend Monitor will now monthly present the current situation of the domestic high-rise construction sector. The...

Automotive

Magyar Suzuki: On the Road Towards Being a Smart Plant

The daily production capacity at Magyar Suzuki’s Esztergom factory has been raised almost 65 times from its launch in 1992...

Transport

MÁV-Volán Introducing New Tariff System From March 1

The new tariff system for Hungarian intercity transport will start on March 1, the MÁV-Volán group said in a statement...

Retail

Poland Retail Sales Rebound in January

Retail sales in Poland rose by 3% year-on-year in January, rebounding from a 2.3% drop in the previous month, data...

Automotive

BYD Holds 1st Customer Delivery Ceremony in Hungary

China's BYD, the world's biggest electric vehicle maker, held a first customer delivery ceremony in Budapest on Friday, according to...

Logistics

Rossmann Starts HUF 20 bln Logistics Investment in Üllő

Rossmann Hungary is set to build a 28,000 sqm logistics center in Üllő by the end of 2025, which will...

Innovation

High-tech Ratio in Hungarian Industry Rising

Thanks to re-industrialization, the ratio of high-tech in Hungarian industry is high, stressed Government Commissioner László György on TV news...

Interview

Teamwork and Education Give Frame the SFM Edge

Whether it is between the building owners or their tenant companies and various service suppliers, Frame Group has been building...

Sustainability

Trending in Hungary: Could AI Help Smooth the way for ESG Reporting?

With constant changes within Hungarian sustainability reporting requirements and advanced expectations from affected companies, consulting professionals across Budapest discuss the...

Inside View

Fiduciary Asset Management: Don’t Repent at Leisure From Work Done in Haste

2023 was all about fiduciary asset management (family trusts or family foundations) in the lives of Hungarian business-owning families. Because...

Sustainability

Sustainability Increasingly Part of the Commercial Real Estate Investment Cycle

ESG-compliant features and sustainability accreditation are increasingly the norm in real estate as an essential requirement from tenants and investors...

Sustainability

ESG Compliance in Hungary: Changes, Requirements and Deadlines

With the implementation of the ESG Act by the Hungarian Parliament, alongside additional requirements for domestic companies set by the...

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...