Business

Construction

Construction Output Volume Falls in September

Construction output volume in Hungary, based on raw data by the Central Statistical Office (KSH), was below the previous year’s...

Sustainability

Saving Energy Now a Moral and Strategic Issue

Property managers in the 21st century must realize that to earn the trust of tenants, they need a facility management...

Interview

The Runway to Success: ‘Putting Quality at the Heart of Every Decision’

Kam Jandu, the chief executive officer of Budapest Airport (BUD), the operator of Ferenc Liszt International Airport, discusses how innovations,...

Manufacturing

Denso Launches Inverter Production in Hungary

Japanese automotive components maker Denso started production of inverters for hybrid and electric vehicles at a EUR 30 million production...

Telco

4iG Signs Memorandum of Understanding With Gov’t 

4iG signed a memorandum of understanding with the government yesterday to strengthen the listed ICT company's role in implementing government...

Deals

Gov’t Signs Cooperation Deals With Haulage Companies

The Economic Development Ministry signed a cooperation agreement with hauler associations MKFE and NiT on Friday, according to a report...

Interview

Novartis Hones its Innovation Focus in Hungary

Novartis can traces its roots back more than 250 years, with a rich history of developing innovative products. From beginnings...

Innovation

The Power of Good Sleep Patterns

The importance of sleep in our lives cannot be overstated. Have you been feeling sleepy and tired for a long...

Deals

Waberer’s Acquires 51% of Petrolsped

Waberer's International has signed an agreement to acquire a 51% stake in railway logistics company Petrolsped, the listed hauler said...

Transport

Nova Post Opens 1st Hungarian Branch

Ukrainian postal and courier company Nova Post opened its first Hungarian branch on Teréz körút in Budapest this week....

Sustainability

Construction Industry Must Move Towards Carbon Neutrality

Debate continues about how international carbon emission reduction can best be achieved in the continuing struggle against climate change. Economic...

Office Market

Investment Volumes Fall Across Central Eastern Europe

CBRE has recorded EUR 350 million in annual commercial real estate investment volume for Hungary as of October, representing a...

Retail

OMV Spar Express Stores Get 20 mln Shopping Visits a Year

October marked the 10th anniversary of the opening of the first OMV Spar express in Budapest, at the filling station...

Retail

Czech Republic Retail Sales Contract in September

Retail trade in the Czech Republic fell by 4% year-on-year in September, slipping further from a 2.8% decline in the...

Telco

Magyar Telekom Earnings Climb

Third-quarter net income of Magyar Telekom rose 35% year-on-year to HUF 22.9 billion on higher revenue and improved margins, state...

Inside View

Investing in Hungary’s Wind Renaissance: What Wind Tender Means for Stakeholders

Hungary has launched its most ambitious wind energy initiative in nearly two decades, opening a new chapter in the country’s...

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...

Inside View

Energy Efficiency Also a Tax Opportunity

Diversifying Hungary’s energy supply has been on the agenda for years. The rapid expansion of solar power is a major...

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

Chamber of Commerce Corner, October 2, 2026

This regular section of the Budapest Business Journal features news and events from various international business chambers. For further information...

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...

Investing in Hungary’s Wind Renaissance: What Wind Tender Means for Stakeholders

Hungary has launched its most ambitious wind energy initiative in nearly two decades, opening a new chapter in the country’s...

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,...

Energy Efficiency Also a Tax Opportunity

Diversifying Hungary’s energy supply has been on the agenda for years. The rapid expansion of solar power is a major...

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...

Chamber of Commerce Corner, October 2, 2026

This regular section of the Budapest Business Journal features news and events from various international business chambers. For further information...