Business

Automotive

Hungary’s September industrial output up preliminary adjusted 11.6% yr/yr

Hungary's industrial output rose 3.1% in September from August in volume terms according to seasonally- and working day-adjusted figures and...

Transport

Turning round Hungary’s Malév would be a test for Abramovich

Boris Abramovich, a burly former Aeroflot engineer who controls Russia's fourth largest airline, looks like the odd man out in...

Pharma

Richter expects government measures to cut next year’s profits at least Ft 7 billion

Hungarian drug company Richter expects earlier announced government measures to result in a Ft 7 billion reduction in next year's...

Pharma

Richter Q1-Q3 profits rise 42.6% yr/yr

Hungarian drugmaker Gedeon Richter had consolidated after-tax profit of Ft 43.63 billion (€167.9m) in the first nine months of 2006,...

Deals

Hungary stocks gain most in a month as protest is peaceful

Hungarian stocks rose the most in a month after a peaceful protest to mark the 1956 uprising eased concern of...

Deals

Domestic biotechnology fares well in EU

Hungary’s biotechnology industry stands to receive about €50 million-€100 million in foreign direct investment in the next few years....

Transport

SkyEurope October passenger numbers rise 50% on transit flights

SkyEurope Airlines, a Slovak low-cost carrier, said October passenger numbers rose 50% as it added more flights between southeastern and...

Retail

Ikea to spend €10 mln adding first Romanian store by april

Ikea, the world's biggest home- furnishing franchise, will spend €10 million ($12.7 million) to open its first store in Romania...

Deals

Q3 reports expected to push up share prices temporarily

The publication of third-quarter reports by Hungary's listed companies are expected to prompt a short-term buying wave of shares, but...

Deals

MTV HQ owner buys car park too

Canadian real estate developer Tippin has recently acquired the Lipót underground car park at District 5’s Szabadság tér from German-owned...

Retail

Fresh seafoods coming to major cities

German quick service seafood restaurant chain Nordsee has made the final decision to enter the Hungarian market, with the first...

Deals

Forrás parts with 5% stake in Bookline.hu

Holding company Forrás Nyrt has sold 4.98% of shares in bookseller Bookline.hu Nyrt on the Budapest Stock Exchange (BÉT), reducing...

Office Market

Futureal proposes District 8 rehab area as site for gov’t quarter

Property developer Futureal Group has offered to build Hungary's planned new government quarter in an area of Budapest's District 8...

Deals

ÁPV gets four offers for Malév

Four bidders have submitted offers in the privatization of Hungarian national airline Malév Zrt, the State Privatization and Holding (ÁPV)...

Sustainability

Morgan Stanley seeks $8 bln for property fund

Morgan Stanley, the largest real estate investor among Wall Street banks, is raising as much as €6.2 billion ($8 billion)...

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...