Business

Manufacturing

Slovakia Industrial Output Shrinks in November

Industrial production in Slovakia fell 1.9% year-on-year in November, reversing from a 4.3% growth in the previous month, figures released...

Construction

Construction Materials Could Become Even More Expensive

Construction materials may already become more expensive than inflation by the first quarter, writes piacesprofit.hu....

Automotive

Toyota Boosts Market Share in Hungary

Sales of new Toyota cars and light commercial vehicles climbed 14.6% to 17,300 last year, even as the market stagnated,...

Innovation

Hungary’s Most Googled Tech Items Revealed 

New research has found Hungary's most popular tech items last Christmas, with the Nintendo Switch coming out on top....

HR

Czech Jobless Rate Rises in December

The Czech unemployment rate increased to 3.7% in December, matching market expectations, and compared to 3.5% in the previous month,...

HR

SAP Introducing New Hybrid Work Schedule in Hungary

To strengthen the corporate culture and to encourage personal contact with customers and employees, SAP Hungary Kft. has announced the...

HR

Romania Jobless Rate Unchanged in November

Romania's unemployment rate stood at 5.4% in November, the same rate recorded a month earlier, the Bucharest-based National Institute of...

Science

Hungary Boosts Funding for Fertility Procedures

Hungary is spending HUF 3 billion to expand its fertility treatment network and making changes to treatment protocols that will...

HR

Number of Registered Jobseekers Down 2%

The number of registered jobseekers in Hungary reached 224,961 in December, down 2% from the same month a year earlier,...

Deals

DS Smith to Buy Land, Building Housing Its Győr Plant

DS Smith, a leading provider of sustainable packaging solutions, paper products, and recycling services, today announced that it has agreed...

Office Market

New Multifunctional Center to be Built at Puskás Ferenc Stadion Metro Station

The Centrale multifunctional building complex will be built at one of the city's main intermodal hubs, the Puskás Ferenc Stadion...

Residential

Home Prices in Hungary Nearly Triple Since 2010

Home prices in Hungary have climbed 185% since 2010, at one of the fastest rates in the European Union, data...

Manufacturing

Czech Industrial Output Shrinks in November 

The Czech Republic's industrial production declined at a more-than-expected pace in November after recovering in the previous month, data from...

Automotive

Number of Vehicles With Green Plates Climbs Over 86,000

There were 86,248 vehicles registered in Hungary with green number plates at the end of 2023, up 22,651 from a...

HR

Man Charged for Fraudulent Job Advertisements

The prosecutor's office brought charges against a man who misled hundreds of people and caused HUF 4.5 million in damage...

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...