Business

Deals

US budget deficit declines to lowest level in five years

The US federal budget deficit declined to $162.8 billion in the fiscal year ending Sept. 30, the lowest level in...

Competition

Laws’ impact on abortion rate doubted

The largest, most comprehensive global study of abortion ever undertaken has concluded that abortion rates are similar in countries where...

Deals

Romania will leave Hungary behind this decade – TriGranit chief

Hungary’s real estate developer giant TriGránit has inaugurated Polus Center Cluj, a shopping mall build from over €300 million in...

Interview

SK Opposition parties want Hungary-Slovakia tensions to end

The chairmen of the opposition parties - Mikuláš Dzurinda (SDKÚ), Pavol Hrušovský (KDH) and Pál Csáky (SMK) - said on...

Interview

Singapore’s PM says economy not overheating, inflation under control

Singapore’s Prime Minister on Tuesday said his country’s economy was not overheating, with inflation under control despite firm economic growth....

Competition

Breaking into Central, Eastern Europe through Hungary

Singapore companies are excited about the business opportunities in Budapest, said businessmen who accompanied Prime Minister Lee Hsien Loong on...

Interview

EU grumbles, but Montenegro keeps the euro

The European Union this week scalded aspiring member Montenegro over its use of the euro as its official currency, but...

Pharma

Romania, Poland lead regional auto market growth in H1 of 2007

Poland and Romania lead the regional auto market growth in the H1 of 2007, both up 25% as against the...

Pharma

FAO begins Budapest operation

Budapest is becoming a frequented place by international organizations, Mária Kadlecíkova, head of the European and Central Asian Regional Office...

Deals

Budapest sells 3 further assets

After selling a 9.92% stake in the Kempinski Hotel, Budapest Municipality now has only three major portfolio assets sales left...

Pharma

CNN to tap opportunities in CEE

Global news broadcaster CNN International has hired advertising representatives in the Czech Republic and Poland in an effort to tap...

Automotive

EU to examine if Romania undersold car plant to Ford Motor Co.

The European Commission said Wednesday it will examine if the Romanian government undersold a car plant to Ford Motor Co....

Deals

Palm oil giant Wilmar to expand into Russia

Palm oil giant Wilmar International has teamed up with two partners to expand into the robust edible oils industry in...

Deals

Mexican oil company Pemex signs technical pact with US Chevron

Mexico’s state oil company Pemex said Tuesday it had signed an agreement with US oil company Chevron on technical and...

Transport

Hungary’s Wizz Air buys 50 more A320 from Airbus

Airbus won a 50-plane order from Wizz Air Ltd. a Hungarian discount carrier, within an agreement ordering 50 airplanes now...

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...