Business

Transport

No Trains at Déli Pályaudvar This Weekend

Hungarian State Railways (MÁV) will not operate trains at Budapest's Déli Pályaudvar (Southern Railway Station) on the first weekend of...

Transport

Wizz Air’s 1st Direct Budapest-Cairo Flight Takes Off

Discount airline Wizz Air launched its first direct flight from Budapest to Cairo this week, according to a press release...

Automotive

BMW Inaugurates Training Center at Debrecen Plant

German automaker BMW inaugurated a training center at the EUR 1 billion factory it is building in Debrecen (225 km...

HR

Earnings Need to Double to Draw Hungarians Abroad Back

Earnings in certain jobs should be doubled at home for Hungarians who have migrated abroad to return home, Zoltán Karácsony,...

Residential

Foreigners Buy Around 8,000 Homes in Hungary in 2022

Foreign nationals bought about 8,000 homes in Hungary last year, beating the previous record of 7,300 set in 2018, news...

Manufacturing

Industrial Producer Prices Down 2.5% y.o.y. in September

Industrial producer prices in Hungary were 2.5% lower on average in September 2023 compared to one year earlier, according to...

Retail

Lithuania Retail Sales Fall in September

Lithuanian retail sales shrank by 3.4% year-on-year in September, slipping further from an upwardly revised 1.3% fall in the previous...

Retail

Latvia Retail Sales Drop in September

Retail sales in Latvia slid 4.1% year-on-year in September, a seventh consecutive decline, following a 2.7% drop in the prior...

Logistics

Intermodal Railway Terminals to Open in Hungary in Coming Years

New intermodal railway terminals will be opened in Hungary in the coming years to serve the industrial plants under construction,...

HR

Avg Hourly Rate for Blue-collar Workers up 17.4% in Q3

The average gross hourly pay rate for skilled and unskilled blue-collar workers in Hungary climbed 17.4% to HUF 1,855 in...

Residential

Building Structure Completed at Kassák Terrace

Kassák Terrace, Kassák project’s third phase at the intersection of Klapka utca and Kassák Lajos utca in District XIII with...

Transport

Budapest Airport Registers Strong September Figures

September was a busy month at Ferenc Liszt International Airport, with some 1,366,005 passengers registered over the course of the...

Interview

Marking 9 Decades of Gallic Airline Excellence

To mark the 90th anniversary of the foundation of Air France this month, the Budapest Business Journal speaks with Ildikó...

Innovation

Continental Announces HUF 18.8 bln R&D Investment

German-owned automotive industry company Continental on Thursday announced plans to invest HUF 18.8 billion to expand its R+D activities in...

Interview

AutoWallis’ Strategic Moves Focus on Chinese Brands and Car-Sharing

In an exclusive interview with the Budapest Business Journal, AutoWallis CEO Gábor Ormosy shares insights into the company’s recent collaborations...

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...