Business

Sustainability

Embracing the Circular Economy: The Path to Sustainable Growth

The Sixth Circular Economy Summit, a landmark event in sustainable business practices, gathered nearly 150 experts and enthusiasts to highlight...

Interview

Számlázz.hu Lets the Machine Free the Human

As the fintech industry evolves rapidly, the 18-year-old Számlázz.hu (the name translates as Invoice.hu) has established itself as a significant...

Innovation

The Future of UAVs: Insights from Hungary’s 1st Drone Conference

The “Drone Technology Challenges for Data Processing and Data Security” conference, organized by Gábor Dénes Egyetem (GDE or Dénes Gábor...

Office Market

FIABCI: Hungarian Prix d’Excellence Attracts Record 50 Entrants

This year’s 25th anniversary FIABCI-Hungarian Prix d’Excellence International Real Estate Federation competition attracted a record 50 developments, ending in a...

Industrial

Industrial Developers Delivering Sustainability-accredited Warehouses

The international freight and logistics service provider Transdanubia has signed a 24,000 sqm lease in the PT3 hall of HelloParks...

Office Market

Emphasizing Regeneration and Sustainability

The design competition run by the local chapter of the FIABCI International Real Estate Federation celebrated a landmark anniversary this...

Retail

Romania Retail Trade Increases in October

Retail sales in Romania rose 1.4% year-on-year in October from an upwardly revised 1% in the previous month, data from...

HR

Number of Registered Jobseekers Down 3% in November

The number of registered jobseekers in Hungary reached 226,129 in November, down 3% from the same month a year earlier,...

Retail

Slovak Retail Trade Shrinks Marginally in October

Slovakia's retail sales fell by 0.2% year-on-year in October, easing from a 5.4% plunge in the prior month, figures from...

Transport

Transport Minister Submits Train, Bus Fare Reform Plan to Gov’t

Construction and Transport Minister János Lázár said a fare reform plan for state-owned train and bus group MÁV-Volán had been...

Retail

Retail Sales Fall 6.5% y.o.y. in October

In October 2023, the volume of retail trade in both raw and calendar-adjusted data was 6.5% lower than in the...

Innovation

Dr. Rose Ends Year With Renewal and Expansion

Dr. Rose Private Hospital held its end-of-year reception for its partners on December 6 at its Széchényi tér building. The...

Manufacturing

Romanian Producer Prices Fall in October

The producer prices in Romania dropped 2.22% year-on-year in October, following a marginally revised 0.42% decline in the prior month,...

Manufacturing

TDK Hungary Components Investing HUF 3.5 bln in Energy Upgrades

Japanese-owned TDK Hungary Components is investing HUF 3.5 billion in energy upgrades with support from the state, Minister of Foreign...

Deals

Indotek Group Selling Stake in Waberer’s

Hungary's Indotek Group will sell its shares in listed Hungarian hauler Waberer's International, Waberer's said in an announcement posted on...

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....