Business

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...

Pharma

Richter to create pharma giant through purchases Polpharma

Hungarian drug maker Gedeon Richter Nyrt said it will combine with Polpharma in a deal that values the Polish company...

Pharma

Richter to create pharma giant through purchases Polpharma

Hungarian drug maker Gedeon Richter Nyrt said it will combine with Polpharma in a deal that values the Polish company...

Deals

NYSE chief is chosen to lead Merrill Lynch

John Thain won plaudits as Wall Street’s Mr. Fix-It by revitalizing the embattled New York Stock Exchange....

Deals

NYSE chief is chosen to lead Merrill Lynch

John Thain won plaudits as Wall Street’s Mr. Fix-It by revitalizing the embattled New York Stock Exchange....

Competition

Study compares American students with other countries

American students even in low-performing states like Alabama do better on math and science tests than students in most foreign...

Competition

Study compares American students with other countries

American students even in low-performing states like Alabama do better on math and science tests than students in most foreign...

Deals

France paralyzed by strikes

Striking French transport and energy workers caused widespread disruption for the second time in a month yesterday in a protest...

Deals

France paralyzed by strikes

Striking French transport and energy workers caused widespread disruption for the second time in a month yesterday in a protest...

Deals

Israeli Nanette in Bucharest residential project

Nanette Real Estate Group NV has bought a 31,000-square meter lot in northern Bucharest, plans to build residential complex....

Deals

Israeli Nanette in Bucharest residential project

Nanette Real Estate Group NV has bought a 31,000-square meter lot in northern Bucharest, plans to build residential complex....

Automotive

Audi launching ultramodern engines in China

Audi is now bringing its latest-generation, highly efficient engines onto the Chinese market, too....

Automotive

Audi launching ultramodern engines in China

Audi is now bringing its latest-generation, highly efficient engines onto the Chinese market, too....

Automotive

Hyundai plans plant in Russia

Hyundai Motor Co. said yesterday it plans to build a factory in Russia, though key details including the location of...

Automotive

Hyundai plans plant in Russia

Hyundai Motor Co. said yesterday it plans to build a factory in Russia, though key details including the location of...

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...