Business

Office Market

Offices Affected by Challenging Real Estate Market

The challenging real estate environment has left its mark on the office market, according to the joint data analysis of...

Ecosystem

Subsidy Scheme Aids Over 1,000 Small Business Startups

A HUF 6 billion subsidy scheme launched by the government in the summer has helped Hungarians launch 1,040 small businesses,...

Retail

Retail Sales Fall in September

In September 2023, the volume of sales in retail trade decreased by 7.8% according to raw data, and by 7.3%...

Pharma

Richter Q3 Earnings, Revenue Fall

Third-quarter net income of Hungarian pharmaceutical company Gedeon Richter fell 34% year-on-year to HUF 54.6 billion as revenue declined, net...

Construction

High Prices, Interest Rates Stifle Construction Demand

The decline in the housing construction market intensified in the third quarter, Gábor Kiss, vice-president of the Real Estate Developers'...

Manufacturing

Czech Industrial Output Shrinks in September

Czech industrial production shrank for the third consecutive month to 5% year-on-year in September, slipping further from a 1.7% drop...

Automotive

Audi Launches Production of New E-motor Generation in Győr

German carmaker Audi launched the production of electric motors for its Premium Platform Electric (PPE) at the Audi Hungaria base...

Manufacturing

Industrial Production Falls 5.8% y.o.y. in September

In September, industrial production volume in Hungary dropped by 7.3% year-on-year according to raw data, and by 5.8% y.o.y. according...

Manufacturing

Masterplast Announces Capital Raise at Glass Wool Plant JV

Listed Hungarian building materials maker Masterplast has announced a capital raise at a 50%-50% joint venture it has with Polish...

Podcasts

Investigating Critical Factors Driving the Market

An in-depth look at the factors driving the market in Hungary, investigating key economic issues....

Residential

New-build Housing Market Booming at Lake Balaton

Siófok is the favorite town of new-build home buyers at Lake Balaton, according to a survey by Otthon Centrum. Prices...

HR

Romanian Jobless Rate at 2-year Low in September

Romania's unemployment rate stood at 5.4% in September, the same level as a month earlier, the Bucharest-based National Institute of...

Manufacturing

Estonian Industrial Output Shrinks in September

Estonia's industrial production shrank 12.5% year-on-year in September, slipping further from an 11.9% fall in the previous month, figures from...

Transport

Budapest Airport Expects 16 mln Travelers Next Year

Balázs Bogáts, the deputy CEO of Budapest Airport, the operator of Ferenc Liszt International, talked about the future of Hungary's...

Residential

Real Estate Advertisers More Willing to Cut Prices

According to otpotthon.hu, compared to the first half of the year, it seems that advertisers have become even more open...

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...