Business

Office Market

Multifunctional Center to be Developed at Puskás Metro

The Centrale, a multifunctional complex by the Hungarian outfit Chain Bridge Ventures, will be developed at the Puskás Ferenc Stadion...

HR

Employees Focusing More on Work-Life Balance in 2024

In the last quarter of 2023, inflation in Hungary was shrinking steadily, and economic sentiment started to take off. As...

HR

CATL Focusing on Recruiting Local Workers

Recruitment of white-collar and blue-collar workers has already started at CATL 's factory in Debrecen, where the start of production...

Manufacturing

Croatia Industrial Production Falls in December

Croatia industrial production declined 0.9% year-on-year in December, the first drop in four months, following a 4.7% surge in November....

HR

3/4 of SMEs Not Raising Salaries

Some three-quarters of SMEs will not raise their salaries, according to a survey by the Association of Entrepreneurs and Employers,...

Appointments

Wolf Theiss Welcomes New Partner in Banking & Finance

Wolf Theiss has announced Nicholas Coddington's appointment as the firm's new partner in Banking & Finance starting in the firm's...

HR

MÁV-Volán Reaches Wage Agreement With Rail Workers

State-owned rail and bus group MÁV-Volán reached an agreement with railway workers unions yesterday that will raise average remuneration by...

Deals

Budapest, Central Gov’t Reach Agreement on Travel Passes

Mayor of Budapest Gergely Karácsony and Minister of Construction and Transport János Lázár reached an agreement on reciprocal use of...

Retail

Estonia Retail Sales Fall Further in December

Estonian retail trade shrank by 5.4% year-on-year in December, after an 8.8% drop in the previous month, which was the...

Transport

Competition Office Launches Probe of Wizz Air Hungary

Hungary's Competition Office (GVH) on Wednesday announced the launch of a probe of Wizz Air Hungary over check-in practices, according...

Competition

Significant Drop in FinTech Investments Recorded Last Year: This Competition Provides New Opportunity for Innovative Startups With Prizes up to EUR 10,000

More than 2,500 attendees will hear brilliant ideas from the top 10 teams at the Money Motion conference in Zagreb,...

Manufacturing

Industrial Producer Prices Fall in December

Industrial producer prices in Hungary were 7.2% lower on average in December 2023 compared to one year earlier, the Central...

Transport

Bahart Passenger Numbers Climb Over 2.1 mln

Passenger numbers on vessels operated by Lake Balaton ferry company Bahart were close to 2,150,000 last year, a 22-year record,...

Manufacturing

Expansion of Rheinmetall Ammo Plant in Várpalota in Progress

The new Rheinmetall ammunition plant in Várpalota, Hungary, currently being built by the Hungarian holding company N7 on behalf of...

Science

Pécs Uni Develops Long COVID Prediction Model

The data from recently concluded research on the coronavirus makes it possible to predict severe conditions caused by the infection,...

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...