Business

Pharma

Skoda starts production in Russia

On the 28th of November Skoda started assembling vehicles in Kaluga, Russia. With a total capacity of 150,000 vehicles annually,...

Pharma

Stanford hosts conference on ethnicity in Europe

The culmination of nearly two years of planning, the „Ethnicity in Today’s Europe” conference concluded Veteran’s Day weekend....

Pharma

Stanford hosts conference on ethnicity in Europe

The culmination of nearly two years of planning, the „Ethnicity in Today’s Europe” conference concluded Veteran’s Day weekend....

Pharma

ArcelorMittal to invest $5 bln in Brazil

The world’s largest steel maker Arcelor Mittal CEO Lakshmi Mittal said on Thursday that it intends to invest $5 billion...

Pharma

ArcelorMittal to invest $5 bln in Brazil

The world’s largest steel maker Arcelor Mittal CEO Lakshmi Mittal said on Thursday that it intends to invest $5 billion...

Pharma

F Segura chooses Szolnok, Hungary

F Segura Hungary Kft is constructing a 100,000 square meter car parts manufacturing plant in Szolnok, through a €20 million...

Pharma

F Segura chooses Szolnok, Hungary

F Segura Hungary Kft is constructing a 100,000 square meter car parts manufacturing plant in Szolnok, through a €20 million...

Automotive

Yamaha Motor, Mitsui set up European marketing JV

Yamaha Motor Co. and Mitsui & Co. announced the establishment Thursday of a joint venture to supervise the two Japanese...

Automotive

Yamaha Motor, Mitsui set up European marketing JV

Yamaha Motor Co. and Mitsui & Co. announced the establishment Thursday of a joint venture to supervise the two Japanese...

Deals

Thirteenth New Zealand finance company collapses

A run of collapses in the New Zealand financial investment sector continued on Thursday when Capital and Merchant Finance Limited...

Deals

Thirteenth New Zealand finance company collapses

A run of collapses in the New Zealand financial investment sector continued on Thursday when Capital and Merchant Finance Limited...

Automotive

Chrysler weighs deal to build cars in Russia

Top Chrysler LLC executives, eager to boost overseas sales, will meet today with the president of Russian automaker GAZ to...

Automotive

Chrysler weighs deal to build cars in Russia

Top Chrysler LLC executives, eager to boost overseas sales, will meet today with the president of Russian automaker GAZ to...

Competition

Nokia Intellisync wireless Email selected as MegaFon’s standard email platform

Russian mobile operator will offer mobile email on Nokia E90 Communicator and Nokia E61i business device....

Competition

Nokia Intellisync wireless Email selected as MegaFon’s standard email platform

Russian mobile operator will offer mobile email on Nokia E90 Communicator and Nokia E61i business device....

Inside View

Investing in Hungary’s Wind Renaissance: What Wind Tender Means for Stakeholders

Hungary has launched its most ambitious wind energy initiative in nearly two decades, opening a new chapter in the country’s...

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...

Inside View

Energy Efficiency Also a Tax Opportunity

Diversifying Hungary’s energy supply has been on the agenda for years. The rapid expansion of solar power is a major...

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

Chamber of Commerce Corner, October 2, 2026

This regular section of the Budapest Business Journal features news and events from various international business chambers. For further information...

CBRE Hungary Expands China Desk as Chinese Clients Pursue European Projects

CBRE Hungary has appointed Tu Yunfeng as business development manager at its China Desk, expanding the Budapest-based team as Chinese...

Spar Files New EU Complaint Over Hungary’s Retail Tax

Spar has filed another complaint with the European Commission over Hungary’s retail sector tax, arguing that amendments offer relief only...

Investing in Hungary’s Wind Renaissance: What Wind Tender Means for Stakeholders

Hungary has launched its most ambitious wind energy initiative in nearly two decades, opening a new chapter in the country’s...

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,...

Energy Efficiency Also a Tax Opportunity

Diversifying Hungary’s energy supply has been on the agenda for years. The rapid expansion of solar power is a major...

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...

Chamber of Commerce Corner, October 2, 2026

This regular section of the Budapest Business Journal features news and events from various international business chambers. For further information...