Business

Transport

Malév Hungarian Airlines obtained level C qualification for Mechtronix FFS X(TM)

Malév Hungarian Airlines successfully upgraded its FFS X(TM) Non Zero Flight Time(TM) (NZFT(TM)) to level C qualification....

Transport

Malév Hungarian Airlines obtained level C qualification for Mechtronix FFS X(TM)

Malév Hungarian Airlines successfully upgraded its FFS X(TM) Non Zero Flight Time(TM) (NZFT(TM)) to level C qualification....

Interview

CEE markets unmoved by euro timetable: Unicredit

Central’s Europe timetable to adopt the euro slipping should have little impact on the region’s financial markets, Willi Hemetsberger, head...

Interview

Czechs could adopt euro in 2012

The Czech Republic could adopt the euro in 2012 if the government makes it its priority, Czech central bank (CNB)...

Office Market

First passive building to complete in 2008

The construction of Hungary’s first office building with a zero forint heating bill will start next spring and finish at...

Deals

New oil field discovered in Russia

Recently a new oil field has been discovered in the Yamalo-Nenets Autonomous Region, Northern Russia, says the press–release of Gazprom...

Sustainability

Raiffeisen Zentralbank CFO sees some property pressure but no bubble

Property prices in central and eastern Europe could come under pressure, but there is no "bubble" in the region, Patrick...

Transport

SkyEurope to commence RNP program with assistance from Naverus

SkyEurope Airlines of Bratislava, Slovakia has engaged Naverus to perform an RNP Readiness Assessment in preparation for RNP operations. RNP...

Deals

Budapest less appealing to businesses

Budapest ranks 23rd on Cushman & Wakefield’s European Cities Monitor (ECM), down from 22nd last year....

Interview

EU, Montenegro to sign Stabilization and Association Agreement

Montenegro and the European Union are set to sign the Stabilization and Association Agreement (SAA) on Monday, which will bring...

Interview

Slumping dollar puts G-7 back in spotlight

For the last five years the global economy has sailed along, allowing meetings of the Group of Seven finance ministers...

Deals

Gazprom puts a chill into UES share sales

State utility Unified Energy System is feeling a chill in the air that has nothing to do with the onset...

Deals

Frutarom acquires Gewurzmuller, a company specializing in unique savory flavors

Frutarom Industries Ltd. announced today that it has signed an agreement to acquire 100% of the share capital of the...

Competition

Czech Republic on call

Two years ago, international management consultancy firm A.T. Kearney ranked the Czech Republic among the world’s Top 10 countries as...

Retail

Avoiding “phishing” also in Hungary

2.2 million Hungarians use different types of electronic means for bank transactions, such as bank cards, online or mobile banking....

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...