Business

Competition

PSzÁF fines Globus Ft 1 mln

The State Financial Supervisory Authority (PSzÁF) has fined canning industry company Globus Rt Ft 1 million for breaking rules on...

Pharma

Hungarian exporters up cheese sales to Arab markets

Hungarian cheese exporters have boosted their sales to the Arab world, benefiting from the ban imposed on Danish imports in...

Pharma

Provertha to extend investment in Hungary

Car and electronics industry subcontractor Provertha Electronic Components Rt will carry out a €8 million-€9 million investment in Hungary, business...

Deals

Group IDs takeover risks for OTP

OTP Bank Rt will have to face a potential takeover by an international heavyweight in the future unless it can...

Telco

Brau not to pay dividend

Brewery company Brau Union Hungária Rt will not pay a dividend after shares this year, the company announced....

Telco

Ökotej to build Ft 1 bln dairy plant in Komádi

Ökotej Zrt will build a dairy plant in Komádi, east Hungary for nearly Ft 1 billion, the company announced on...

Deals

Fotex boosts stake in Domus to 98.64%

Retailer and holding company Fotex Rt announced on Wednesday it had raised its direct and indirect stake in furniture unit...

Telco

Retail sales volume up adjusted 6.7% yr/yr in January

Retail sales volume in January 2006 was up 6.7% from a year earlier according to calendar-adjusted figures published by the...

Deals

MÁV officially signs with Bombardier

Hungarian state railways MÁV Zrt yesterday formally signed a deal with Canadian-German Bombardier to buy 10 of its Talent suburban...

Pharma

EDS to invest Ft 11 bln in Hungary over three years

US independent systems management and services company Electronic Data Systems (EDS) plans to invest Ft 11 billion in Hungary over...

Deals

Raiffeisen International reduces stake in Synergon

Raiffeisen International Bank AG's Hungarian unit reduced its stake in Synergon Rt, the country's biggest independent computer-services company....

Deals

Erste unit Portfolio raises stake in Synergon to 5.14%

Portfolio, a 100% subsidiary of Erste Bank investment arm Erste Bank Befektetési, has raised its stake in IT company Synergon...

Telco

Leier merges its Hungarian companies

Austrian-owned Leier International will unite its construction companies in Hungary into one company called Leier Hungaria Kft based in Győr,...

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...

Automotive

Budapest Cuts EV Parking Discounts but Keeps Benefits Until 2030

Budapest's City Assembly voted to reduce the parking discount for electric and hydrogen vehicles to 50%, keeping the benefit in...

Business

Former Hungarian Ministers Seszták and Hankó Detained After Immunity Lifted

Opposition lawmakers and former ministers Miklós Seszták and Balázs Hankó were detained on Monday after Parliament suspended their immunity, according...

Automotive

Wallis Builds Next Growth Phase on Local Knowledge and Leadership

Gyula Mező, CEO of Wallis Asset Management, tells the BBJ how the group is allocating capital, managing an increasingly int'l...

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...

Budapest Cuts EV Parking Discounts but Keeps Benefits Until 2030

Budapest's City Assembly voted to reduce the parking discount for electric and hydrogen vehicles to 50%, keeping the benefit in...

Former Hungarian Ministers Seszták and Hankó Detained After Immunity Lifted

Opposition lawmakers and former ministers Miklós Seszták and Balázs Hankó were detained on Monday after Parliament suspended their immunity, according...

Wallis Builds Next Growth Phase on Local Knowledge and Leadership

Gyula Mező, CEO of Wallis Asset Management, tells the BBJ how the group is allocating capital, managing an increasingly int'l...

Government Gives Green Light to M49 Extension to Romanian Border

The government will proceed with the second phase of the M49 expressway, extending the road to the Romanian border, Transportation...