Business

Retail

UK tops table as best Euro country for international investment

The UK has been rated as the most attractive country for international investment over the last decade according to a...

Pharma

Indian Bajaj Auto buys 14.5% in Austrian KTM for rupees 3 billion

Bajaj Auto has bought 14.5% stake in European sports manufacturer KTM for rupees 300 crore ($76.3 million), reports CNBC-TV18....

Pharma

Indian Bajaj Auto buys 14.5% in Austrian KTM for rupees 3 billion

Bajaj Auto has bought 14.5% stake in European sports manufacturer KTM for rupees 300 crore ($76.3 million), reports CNBC-TV18....

Pharma

OMV and Abu Dhabi’s IPIC sign MoU on joint projects

Austria-based OMV, the leading oil and gas group in Central Europe, signed on Monday a memorandum of understanding with Abu...

Pharma

OMV and Abu Dhabi’s IPIC sign MoU on joint projects

Austria-based OMV, the leading oil and gas group in Central Europe, signed on Monday a memorandum of understanding with Abu...

Automotive

GAZ auto maker to launch British Maxus truck production in 2009

GAZ, a leading Russian automaker, said on Sunday it intended to launch the production of British Maxus light trucks in...

Automotive

GAZ auto maker to launch British Maxus truck production in 2009

GAZ, a leading Russian automaker, said on Sunday it intended to launch the production of British Maxus light trucks in...

Deals

PetroChina becomes world’s top-valued company

Asia’s top oil and gas producer PetroChina became the world’s largest company by market value Monday, overtaking US giant ExxonMobil...

Deals

PetroChina becomes world’s top-valued company

Asia’s top oil and gas producer PetroChina became the world’s largest company by market value Monday, overtaking US giant ExxonMobil...

Deals

British Telecom sees opportunity in emerging global champions

The competitive advantage of UK-based telecom company British Telecom (BT), a daughter company of BT Group, is in tailoring complex...

Deals

British Telecom sees opportunity in emerging global champions

The competitive advantage of UK-based telecom company British Telecom (BT), a daughter company of BT Group, is in tailoring complex...

Automotive

Brilliance to set up factory in Russia

Brilliance China Auto, partner of German luxury carmaker BMW, said it will assemble its own-brand cars in Russia with a...

Automotive

Brilliance to set up factory in Russia

Brilliance China Auto, partner of German luxury carmaker BMW, said it will assemble its own-brand cars in Russia with a...

Retail

IBM to take security up a notch with $1.5 bln investment

IBM Corp, the world’s biggest computer-services provider, plans to spend $1.5 billion next year to help customers secure data and...

Retail

IBM to take security up a notch with $1.5 bln investment

IBM Corp, the world’s biggest computer-services provider, plans to spend $1.5 billion next year to help customers secure data and...

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...