Business

Interview

Czech premier: adopting euro not realistic in 2012

Czech Prime Minister Mirek Topolanek said that the Czech Republic is not likely to adopt to the common European currency...

Interview

Czech premier: adopting euro not realistic in 2012

Czech Prime Minister Mirek Topolanek said that the Czech Republic is not likely to adopt to the common European currency...

Pharma

Shell and partners open Shanghai’s first hydrogen refueling station

Shell Hydrogen, the China Ministry of Science and Technology, the Shanghai government and Tongji University have opened the first hydrogen...

Pharma

Shell and partners open Shanghai’s first hydrogen refueling station

Shell Hydrogen, the China Ministry of Science and Technology, the Shanghai government and Tongji University have opened the first hydrogen...

Pharma

Rosneft will focus on upgrading its refineries

Russian oil company Rosneft plans to focus on upgrading its Russian refineries, rather than expanding their capacity, company vice-president Peter...

Pharma

Rosneft will focus on upgrading its refineries

Russian oil company Rosneft plans to focus on upgrading its Russian refineries, rather than expanding their capacity, company vice-president Peter...

Pharma

German group seeks Eastern Europe Plus supermarkets

Germany’s biggest general grocer, Edeka, voiced interest Sunday in acquiring the German-owned Plus chain of discount supermarkets in Poland, the...

Pharma

German group seeks Eastern Europe Plus supermarkets

Germany’s biggest general grocer, Edeka, voiced interest Sunday in acquiring the German-owned Plus chain of discount supermarkets in Poland, the...

Pharma

NATO to set up base in Pápa, Hungary

Pápa will host the new NATO airbase supplying the alliance’s troops stationed in Afghanistan and Iraq, announced Defense Minister Imre...

Pharma

NATO to set up base in Pápa, Hungary

Pápa will host the new NATO airbase supplying the alliance’s troops stationed in Afghanistan and Iraq, announced Defense Minister Imre...

Deals

Hungary’s MOL completes the acquisition of 100% of IES

MOL Hungarian Oil and Gas Plc. announced that on 15 November 2007 the acquisition of 100% of IES was completed....

Deals

Hungary’s MOL completes the acquisition of 100% of IES

MOL Hungarian Oil and Gas Plc. announced that on 15 November 2007 the acquisition of 100% of IES was completed....

Deals

GAC to open new regional logistics office in Czech Republic

Dubai-based GAC is opening a new regional logistics office strategically located in Prague, Czech Republic, as part of the Group’s...

Deals

GAC to open new regional logistics office in Czech Republic

Dubai-based GAC is opening a new regional logistics office strategically located in Prague, Czech Republic, as part of the Group’s...

Automotive

Hyundai to open $400 mln car plant in northwest Russia

South Korean auto giant Hyundai could select a site by the end of the year to build a $400 million...

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...