Business

Automotive

Used Car Sales Rise 8% in October

Used car sales in Hungary rose 8.1% year-on-year to 73,700 in October, listings site JoAutok.hu said on Wednesday, citing figures...

Retail

Sales of Collector’s Rarities Accelerate Vatera Black Friday Sales

Black Friday at Vatera between November 17-19 generated nearly 20% more sales than the company's Green Friday in 2022. In...

Interview

We Can Do Much to Prevent It – November is Prostate Cancer Prevention Month

Prostate cancer development is influenced by several factors. There are factors - such as age, genetics, and ethnicity - that...

Interview

Bridgestone’s Topolcsik: a Female Leader in a Male-dominated Industry

Bridgestone Tatabánya is the Hungarian pride of the famous Japanese tire company. Its 1,300 employees already use modern technology and...

Deals

State Parts With 35% Stake in VIG’s Hungarian Business

State-owned Corvinus International Investment has signed a contract on the sale of a 35% stake in the local business of...

Residential

Home Rental Rates in Hungary Rise Close to 13% in October

Home rental rates in Hungary rose 12.8% year-on-year in October, data compiled by the Central Statistical Office (KSH) from listings...

Interview

Zhejiang Shuanghuan Driveline Setting up HUF 39 bln Plant

Chinese automotive industry company Zhejiang Shuanghuan Driveline will set up a HUF 39 billion electric vehicle parts plant in Jászfényszaru...

Interview

Yettel Promises SME Internet Problems Solved From 1 Box

Buy the product, put it in the corner, and you’ll get secure high-speed internet anywhere in the country. The Budapest...

Ecosystem

Womenture Looking to Boost Female Entrepreneurship

The Womenture project is looking to empower innovation agencies and accelerators to encourage partnerships to boost female entrepreneurship while broadening...

Deals

Minimum Wage Agreement Signed

An agreement reached days earlier by unions and employers associations on minimum wage rises was signed on Monday, the Economic...

Transport

Waberer’s Planning to Almost Double Profit by 2027

Listed Hungarian hauler Waberer's International forecasts its annual operating profit will rise from EUR 33 million in 2022 to EUR...

HR

Latvia Unemployment Rate Climbs in Q3

The unemployment rate in Latvia edged up to 6.5% in the third quarter from 6.4% in the second quarter, data...

Retail

Hungarians Spending HUF 11,000 More This Christmas

Hungarians are planning to spend HUF 11,000 more at Christmas, and this year the price of the gift is less...

Sustainability

Wizz Air Carbon Emissions Down 8%

Hungarian low-fare airline Wizz Air achieved a carbon intensity of 51.2 grams of carbon dioxide emissions per passenger kilometer in...

Retail

Black Friday Sales Brisk in 1st Hour

Retailer eMag kicked off its Black Friday sales at 7:10 a.m. today (Friday, Nov. 17), during the first hour of...

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...

CBRE Hungary Expands China Desk as Chinese Clients Pursue European Projects

CBRE Hungary has appointed Tu Yunfeng as business development manager at its China Desk, expanding the Budapest-based team as Chinese...

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...