Business

Residential

Real Estate Sales May Be Stronger Than Usual in December

Duna House and Credipass experts expect "dumping" in the real estate market this December, according to profitline.hu....

Retail

Estonia Retail Sales Drop in October 

Estonian retail trade fell by 4.8% year-on-year in October, following a 6.7% decline in the previous month, data from the...

Innovation

Over Half of SSCs Plan to Broaden Service Palette

More than half of shared services centers in Hungary expect to broaden their range of activities and over 80% want...

Automotive

Border Austrians Flocking to Hungary for Cheaper Driving Lessons

Austrians have been flooding Hungarian towns close to the Hungarian–Austrian border to get cheaper driving lessons, according to Blikk....

Automotive

AutoWallis Exceeds Entire 2022 Revenue, Profit in 9 Months

The AutoWallis Group has continued its growth in the first nine months of the year, having exceeded last year’s revenue...

Retail

Slovenia Retail Sales Fall at Softer Pace in October

Slovenia's retail sales declined for the ninth straight month to 15.6% year-on-year in October, although easing from an upwardly revised...

Manufacturing

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

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

Transport

Passenger Rail Linking Szeged, Subotica Restarts After 8 Years

Passenger rail transport between Szeged (170 km southeast of Budapest) and Subotica, Serbia, has restarted after eight years with five...

Retail

Lithuania Retail Sales Fall in October

Retail sales in Lithuania fell by 0.4% year-on-year in October, easing from an upwardly revised 2.8% decrease in the previous...

Office Market

IWG Expands Footprint in Hungary With 2 New Locations

International Workplace Group (IWG) is expanding its footprint in Budapest and Debrecen, Hungary with the addition of two new workspaces...

Innovation

Innovation Remains Stagnant

The innovation activity of Hungarian companies has been stagnating at a low level during the current unfavorable economic situation, according...

HR

Number of Foreign Workers Nears 100,000

The number of foreign workers working in Hungary may soon reach 100,000, reports portfolio.hu, based on data from the Central...

Logistics

DHL Supply Chain Relocates Domestic Operation to Páty

DHL Supply Chain, a member of the DHL Group, one of the world's leading logistics service providers, will take possession...

Deals

Széchenyi István U, Hungaroring Sign Cooperation Agreement

Széchenyi István University of Győr and Hungaroring Sport signed a cooperation agreement on Tuesday, according to a report by state...

Residential

Apartment Ownership up Among 30-59-year-olds

The proportion of people who own their own apartment among 30-59-year-olds has increased significantly in four years, from 64% to...

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....