Business

Pharma

Poland’s largest company branches out to Lithuania

The first petrol stations of Polish retailer PKN Orlen have been opened in Lithuania....

Pharma

Microsoft to build data center in Siberia

Microsoft is elaborating a project to construct a data center for 10,000 servers in the Irkutsk region, Microsoft Rus CEO...

Pharma

Microsoft to build data center in Siberia

Microsoft is elaborating a project to construct a data center for 10,000 servers in the Irkutsk region, Microsoft Rus CEO...

Deals

Allianz reports increased revenue in first nine months

Allianz in Central and Eastern Europe has reported that the revenues in the first nine months of 2007 have increased...

Deals

Allianz reports increased revenue in first nine months

Allianz in Central and Eastern Europe has reported that the revenues in the first nine months of 2007 have increased...

Pharma

Johnson Controls opens new automotive business center in Slovakia

Johnson Controls, one of the world’s leading suppliers of automotive interiors, electronics and batteries, is today opening a new Automotive...

Pharma

Johnson Controls opens new automotive business center in Slovakia

Johnson Controls, one of the world’s leading suppliers of automotive interiors, electronics and batteries, is today opening a new Automotive...

Pharma

DuPont opens office in Belgrade, Serbia

As part of its growth strategy for emerging markets, DuPont has opened its first office in Serbia....

Pharma

DuPont opens office in Belgrade, Serbia

As part of its growth strategy for emerging markets, DuPont has opened its first office in Serbia....

Sustainability

VGP: building against the wind

Industrial real estate developer VGP - industriální stavby’s two-thirds cut of the capital expected to be raised in its initial...

Sustainability

VGP: building against the wind

Industrial real estate developer VGP - industriální stavby’s two-thirds cut of the capital expected to be raised in its initial...

Retail

Japan to purchase carbon credit from Hungary to meet Kyoto target

Japan is negotiating with Hungary to purchase carbon credits so that it can meet the Kyoto Protocol target of greenhouse...

Retail

Japan to purchase carbon credit from Hungary to meet Kyoto target

Japan is negotiating with Hungary to purchase carbon credits so that it can meet the Kyoto Protocol target of greenhouse...

Automotive

Island’s Promens: acquisition in Spain, new unit in Poland

Promens (Reykjavik formerly Polimoon), has acquired the cosmetics packaging production unit of STE Packaging Development....

Automotive

Island’s Promens: acquisition in Spain, new unit in Poland

Promens (Reykjavik formerly Polimoon), has acquired the cosmetics packaging production unit of STE Packaging Development....

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...