Business

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...

Manufacturing

Liberty Dunaújváros Restarts Rolling Mills

Liberty Dunaújváros, Hungary's biggest steel maker, has restarted its rolling mills, including its hot dip galvanized line, Liberty Steel Group,...

Transport

Changes Coming to Travel Passes, Discounts

Hungary will expand a combined public transport pass rolled out last spring and eliminate all other passes from March 1,...

Manufacturing

Industrial Production Falls in November

The volume of industrial production dropped by 5.8% year-on-year in November 2023, according to data by the Central Statistical Office...

Appointments

Szecskay Attorneys at Law Appoints Baldwin as Partner

Szecskay Attorneys at Law has announced that Sam MacMahon Baldwin has been promoted to the firm’s partnership effective January 1....

Automotive

Wigo User Numbers Climb Over 100,000

User numbers of Wigo, the carsharing service of Wallis Autómegosztó, rose almost 30% to more than 100,000 last year, the...

Retail

Retail Sales Down 5.4% y.o.y. in November

In November 2023, the volume of retail trade in both raw and calendar-adjusted data was 5.4% lower than in the...

Transport

New Section of M6 Expected by March

According to plans, the new section of the M6 motorway will be handed over in March, writes business daily Világgazdaság....

Manufacturing

Estonian Industrial Output Shrinks in November

Estonia's industrial production fell 5.8% year-on-year in November, sharply slowing from a 12.2% fall in the previous month, Statistics Estonia...

Retail

Gov’t Takes Steps to Counter Shrinkflation

Hungary's government has approved a measure requiring supermarkets to inform consumers if food packaging is downsized, the National Economy Ministry...

Science

Hungary Subsidizes Patent Fees for SMEs, Unis

Hungary is providing SMEs, universities, research institutes, and private individuals with a 75pc subsidy for patent fees from January 1,...

Residential

Rental Prices Expected to Rise by Over 10% in 2024

Rents in Budapest have increased by 19% in a year, fuelled mainly by record high inflation, Rentingo.com says in its...

HR

Unemployment Rate at 4.2% in November

The unemployment rate in Hungary stood at 4.2% in November, up 0.1% compared to October, according to data published by...

Residential

Housing Market Starts Year Strong

The housing market started the year strongly after last year's stagnation, according to the analysis of ingtalan.com, which describes the...

Innovation

Epson Embracing the Future of Printing

In a world facing environmental challenges, Epson stands at the forefront of sustainable innovation with its Heat-Free Technology and WorkForce...

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...

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...

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....