Business

Automotive

New Car Registrations Down 3.4% Last Year

The number of new passenger car registrations in Hungary fell 3.4% to 107,720 in 2023, the Hungarian Association of Vehicle...

Science

Hungarian Professor Among World’s Top 10 Public Procurement Researchers

Tünde Tátrai, a researcher at Corvinus University and a member of the Public Procurement Authority, is among the top 10...

Manufacturing

Industrial Producer Prices Down 6.6% y.o.y. in November

Industrial producer prices in Hungary were 6.6% lower on average in November 2023 compared to one year earlier, according to...

HR

Regional Wage Differential Remains High

Hungary's regional wage differential remained "significant" in the third quarter, the Central Statistical Office (KSH) said in a review of...

Manufacturing

Latvia Industrial Output Shrinks in November

Latvia's industrial production declined in November after recovering in the previous month, data from the Riga-based Central Statistical Bureau (CSB)...

Innovation

Competition Office Scrutinizes AI’s Impact on Market, Consumers

Hungary's Competition Office (GVH) on Thursday announced the launch of an analysis of the impact of artificial intelligence on the...

Transport

Wizz Air Among Safest Low-cost Airlines

Discount airline Wizz Air has been selected as one of the five safest low-cost airlines in the AirlineRatings list, according...

HR

Potential Labor Reserve Close to 300,000

Hungary's potential labor reserve, including the unemployed, the underemployed, and the economically inactive who intend to look for work but...

Retail

Croatia Retail Sales Growth Rises in November

Retail sales in Croatia rose by 7.3% year-on-year in November, accelerating from the 6.5% gain in the previous month, data...

Transport

Over 4 mln Combined Public Transport Passes Sold

More than 4 million monthly combined public transport passes good for either a single county or the whole country have...

Manufacturing

Poland Manufacturing Contraction Deepens in December

Poland's manufacturing downturn worsened at the end of the final quarter amid faster declines in output and new orders, survey...

Telco

Yettel Mobile Data Traffic Nearly Doubled Over Holidays

Mobile data traffic at Yettel Hungary increased by 89% compared to the previous year's holidays, while New Year's Eve SMS...

Retail

Aldi Magyarország Rolls out 12% Pay Rise

Aldi Magyarország is raising staff pay by 12%, across the board, from January 1, the German-owned discount chain said on...

Construction

Construction Industry Waste Doubles Over Past Decade

The volume of waste generated by Hungary's construction industry has more than doubled over a 10-year period, according to data...

Residential

Hungary Home Sales Climb 21% in December

Home sales in Hungary rose 21% year-on-year to 7,813 in December, a monthly estimate by listed real estate broker Duna...

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....