Business

Office Market

Real Estate Market Actors Look to Upturn for 2024

It remains an open question when investment activity in Hungary and the CEE region will pick up after a subdued...

Residential

Hungary Home Prices Edge Higher in Q3

Home prices rose 1.5% in the third quarter from the same period a year earlier, data compiled by the Central...

Retail

Regional Surge in Heating, Winter Gear Searches Online

According to the latest data from retail price comparison website Árukereső.hu, Hungary, and the region as a whole have been...

Appointments

PwC Hungary Appoints Energy & Utilities Advisory Director

Beáta Szoboszlai has been appointed as the new leader of the Energy & Utilities Advisory team at PwC Hungary, the...

HR

Poland Jobless Rate Rises in December

The unemployment rate in Poland increased slightly as expected in December after remaining stable in the previous four months, figures...

Appointments

New Chairman of the Board at Audi Hungaria

Michael Breme is set to take over from Alfons Dintner as chairman of the board at Audi Hungaria on February...

Retail

Ikea Hungary Sales Climb 11%

Sales in Hungary of Swedish home furnishings giant Ikea rose 11% to HUF 145 billion in its business year ended...

Appointments

New CEO at Mercedes-Benz Manufacturing Hungary

Jens Bühler took up the position of director and CEO of Mercedes-Benz Manufacturing Hungary in Kecskemét this January....

Automotive

Construction of BMW Plant in Hungary ‘Progressing Well’

Minister of Foreign Affairs and Trade Péter Szijjártó met with Milan Nedeljkovic, the management board member in charge of production...

Innovation

National R&D&I Fund’s 2024 Program Approved

The 2024 program of the National R&D&I Fund has been cleared by the National Science Policy Council, Culture and Innovation...

HR

Yettel, Pepco, Harman Most Popular Employers

Based on the evaluation of employees, the most popular employers in Hungary are Yettel, Pepco, and Harman, according to munkahelyeink.hu....

Appointments

New Deputy CEO at Wing

Tibor Tatár took over as the head of the Hungarian residential and office development business of Wing, one of the...

Construction

Hungary Launches Construction Materials Database

The National Economy Ministry on Wednesday announced the launch of a database of building materials with evaluations of their environmental...

Office Market

Budapest Modern Office Stock Reaches Nearly 4.37 mln sqm in Q4

The total modern office stock in Budapest added up to 4,369,900 sqm, consisting of 3,571,710 sqm of ‘A’ and ‘B’...

Retail

Poland’s Retail Sales Fall in December

Retail sales in Poland decreased 2.3% year-on-year in December, following a 0.3% decrease in the previous month, figures from 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...