Business

Transport

Wizz Air Carbon Emissions Kept Falling in 2023

Wizz Air's carbon emissions were 6.8% lower in 2023 than in 2022. The airline's average carbon emissions of 51.5 grams...

Automotive

EVs, Hybrids 1/3 of Mercedes Cars Sold in Hungary

Fully electric or plug-in hybrid models accounted for one-third of the new Mercedes-Benz passenger cars sold in Hungary last year,...

Residential

Capital’s New Housing Market Shrank by Half Last Year

Based on the primary demand and supply indicators, the capital's new housing market shrank by half last year, according to...

Retail

2023 the Year of Cheeseburgers and Anti-stress Toys at Wolt

Recently, Emma Stone and Mark Ruffalo revealed in an interview that they ate cheeseburgers almost every other day during the...

Appointments

VGD Hungary Appoints Viktor Szabó as Partner

Viktor Szabó became partner at VGD Hungary on January 1, managing the tax and payroll business of the consultancy....

Automotive

Motorway Vignette Sales Edge Down to 14.9 mln in 2023

Motorway vignette sales in Hungary slipped 1% to around 14.9 mln last year, toll system operator NÚSZ said on Thursday,...

Automotive

Passenger Cars per 1,000 People at 424 in Hungary

There were 424 passenger cars per 1,000 inhabitants in Hungary in 2022, well under the 560 average for the European...

Automotive

Audi Hungaria Engine Output Reaches 1,660,425 in 2023

The local unit of German car maker Audi produced 1,660,425 engines at its plant in Győr last year, Audi Hungaria...

Retail

Auchan Raises Floor Worker Pay 12.5%-21.3%

Auchan is raising the pay of floor workers at its stores between 12.5% and 21.3% from January 1, the French-owned...

Innovation

Chameleon Smart Home Adopts Licensing Model for Int’l Expansion

Chameleon Smart Home, a Hungarian startup that offers a brand-independent smart home system hub, has adopted a licensing model for...

Automotive

AutoWallis Group Closes Record Year at Regional Level

AutoWallis Group’s sales have set records across all business units in 2023: the car sales and mobility service provider plays...

Telco

Magyar Telekom Rolling out Inflation-based Fee Adjustment

Magyar Telekom will roll out a 15% inflation-based fee adjustment across its customer contracts from March 1, 2024, the telco...

Appointments

New Partner at Bán, S. Szabó, Rausch & Partners Law Firm

Kinga László-Bölcskei, who has worked with the firm since 2010 and has been an associate attorney since 2012, has been...

Logistics

Rossmann Developing 28,000 sqm Logistics Center in Üllő

Rossmann is developing a 28,000 sqm logistics center and a 4,000 sqm office in Üllő (30 km southeast of Budapest),...

Transport

Next Stage of Southern Circular Railway Begins

The next stage of the development of the Southern Circular Railway began this week, the Ministry of Construction and Transport...

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...

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

Working for a Competitive Advantage – The Latest Issue of the BBJ

Róbert Keszte became president of the German-Hungarian Chamber of Industry and Commerce (DUIHK) in 2025. In an interview with the...

Real Estate

Investors Becoming More Selective as Markets Rebound

Commercial real estate investment across the CEE-6 markets reached EUR 5.8 billion for H1 2026 compared with EUR 5.4 bln...

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,...

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...

18,000 Truck Drivers Near Retirement, Hungary Faces Shortage

Europe currently has more than 500,000 unfilled truck‑driver positions, and another 600,000 drivers are expected to reach retirement age in...

Working for a Competitive Advantage – The Latest Issue of the BBJ

Róbert Keszte became president of the German-Hungarian Chamber of Industry and Commerce (DUIHK) in 2025. In an interview with the...

Hungary’s Industrial Producer Prices Rise 4.8% as Energy Export Prices Surge

Hungary’s industrial producer prices rose 4.8% year-on-year in August and 2.9% from July, with energy export prices climbing sharply amid...

Szentkirályi to Take Over Almdudler Distribution in Hungary From January.

Szentkirályi Magyarország is set to take over Hungarian distribution of popular Austrian herbal soft drink Almdudler on January 1, 2027....

Investors Becoming More Selective as Markets Rebound

Commercial real estate investment across the CEE-6 markets reached EUR 5.8 billion for H1 2026 compared with EUR 5.4 bln...