Business

Manufacturing

Estonian Industrial Output Falls in December

Estonia's industrial production fell 2.5% year-on-year in December, cooling from a 5.8% drop in the previous month, data from the...

Deals

MOL Group Agrees to Buy Újpest FC

Hungary's MOL Group has agreed to acquire a majority stake in local football club Újpest, the oil and gas company...

Residential

Rural Sublet Market Prices up 30% Last Year

A significant price increase can be seen in the rural sublet market, according to Otthon Centrum's analysis, as the average...

Retail

Retail Sales Fall Marginally in December

In December 2023, the volume of sales in retail trade in Hungary decreased by 1% according to raw data, and...

Residential

Veszprém County Home Prices Climbed 27% Last Year

Home prices in Veszprém County climbed 27% last year, faster than in any other county in Hungary, listed real estate...

Manufacturing

Latvia Industrial Production Rebounds in December

Industrial production in Latvia increased by 1.7% year-on-year in December, recovering from a revised 2.9% fall in the prior month,...

Retail

Chinese Companies Dominating Domestic E-commerce Market

Temu and other Chinese e-commerce companies dominate the Hungarian and European markets, Norbert Madar, GKI Digital's senior consultant, said at...

Transport

Wizz Air Expands Special Euro 2024 Flights for Hungarian Fans

Wizz Air has announced additional flights for Hungarian national football team supporters to the European Football Championship match in Cologne...

Automotive

Used Car Imports Climb in January

The number of imported used cars registered in Hungary rose 13% year-on-year to 9,243 in January, listings site JoAutok.hu said...

Residential

Surge in Foreign Investors Expected in Real Estate Market

A surge of foreign investors may emerge in the Hungarian real estate market due to a new regulation, according to...

Transport

Waberer’s Closes Majority Stake on Petrolsped

Waberer's International closed the acquisition of a 51% stake in railway logistics company Petrolsped, the listed hauler said in a...

Manufacturing

Czech Manufacturing PMI Remains in Contraction in January

The Czech Republic's manufacturing PMI increased to 43 in January from 41.8 in the previous month, data from S&P Global...

Manufacturing

Poland Manufacturing Falls Further in January

Poland's manufacturing Purchasing Managers' Index (PMI) edged down to 47.1 in January from 47.4 in December, survey data from S&P...

Deals

4iG, Telecom Egypt Sign Deal on Submarine Cable

Listed Hungarian ICT company 4iG signed an agreement with Telecom Egypt on the construction of a high-capacity submarine fiber-optic cable...

Logistics

Waberer’s Purchases 57,000 sqm Plot in Debrecen

Listed Hungarian hauler Waberer's International yesterday announced the purchase of a 57,000 sqm plot of land in an industrial zone...

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...