Business

Deals

Viadom goes into liquidation

Motorway construction company Viadom Építőipari Zrt is under liquidation, its final balance shows a debt of Ft 11 billion....

Retail

Swedish Elanders invests in Romania

Elanders AB plans a strategic start-up of operations in Romania together with Hansaprint Oy in order to supply customers in...

Retail

Swedish Elanders invests in Romania

Elanders AB plans a strategic start-up of operations in Romania together with Hansaprint Oy in order to supply customers in...

Deals

Emerging markets “becoming more popular”

Emerging markets in the east of Europe are growing in popularity among Russian property investors, according to a media report....

Deals

Emerging markets “becoming more popular”

Emerging markets in the east of Europe are growing in popularity among Russian property investors, according to a media report....

Automotive

Japan’s carmakers target young buyers with “cute” cars

Automatic car seats, bubble-shaped electric cars and top-class sports cars; despite being all serious about environmental protection, Japanese car manufacturers...

Automotive

Japan’s carmakers target young buyers with “cute” cars

Automatic car seats, bubble-shaped electric cars and top-class sports cars; despite being all serious about environmental protection, Japanese car manufacturers...

Deals

Merrill swings to loss on huge mortgage hit

Merrill Lynch, US largest broker, reported a loss Wednesday for the Q3 and said the its write downs for bad...

Deals

Merrill swings to loss on huge mortgage hit

Merrill Lynch, US largest broker, reported a loss Wednesday for the Q3 and said the its write downs for bad...

Sustainability

Demetra, Panayides of Cyprus in €13 mln Romania land deal

Demetra Investment Pcl, Cyprus’ largest investment company, has invested €13 million ($18.5 million) in a major property deal in Bucharest’s...

Sustainability

Demetra, Panayides of Cyprus in €13 mln Romania land deal

Demetra Investment Pcl, Cyprus’ largest investment company, has invested €13 million ($18.5 million) in a major property deal in Bucharest’s...

Automotive

Sweden’s Scania set to invest in Russia

Sweden’s Scania, one of the world’s leading truck and bus manufacturers, said on Tuesday it intended to invest €50-100 million...

Automotive

Sweden’s Scania set to invest in Russia

Sweden’s Scania, one of the world’s leading truck and bus manufacturers, said on Tuesday it intended to invest €50-100 million...

Deals

London rated top European city for investors

London is again this year the favorite European city among commercial property occupiers and investors, according to the ninth European...

Deals

London rated top European city for investors

London is again this year the favorite European city among commercial property occupiers and investors, according to the ninth European...

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...