Business

Automotive

BKK Launches Public Procurement for 50 Electric Buses

The Budapest Transport Center (BKK) has launched a public procurement procedure for the operation of 50 new electric buses, according...

Automotive

Hungarian FDI Electrified by the Electric Vehicle Buzz

Hungary aims to harness the power of the e-transition by attracting the largest possible number of electric vehicle investments. Annual...

Construction

Wing Undertakes its 2nd Budapest Airport Hotel Project

Construction has started on a new hotel at Ferenc Liszt International Airport, being developed by Wing in cooperation with the...

Innovation

Avoiding the Stress of the Daily Commute

In the second part of our interview with András Kárpáti, the president of Hungary’s Future Mobility Alliance, the Budapest Business...

Manufacturing

Asahi to Invest HUF 100 bln at Dreher Brewery in Hungary

Japan's Asahi Group Holdings will plow HUF 100 billion into its Hungarian brewery, Dreher Sörgyarak, to expand capacity and boost...

Automotive

CATL Planning Carbon-neutral Production in Hungary

CATL aims to build a comprehensive battery production value chain that meets sustainability criteria in all respects, the company announced...

HR

Unemployment Rate at 3.9% in September

The unemployment rate in Hungary stood at 3.9% in September 2023, according to data published by the Central Statistical Office...

Podcasts

Challenges Facing the Pharma Industry From the Patients’ Perspective

50 guests drawn from across the pharmaceutical sector attended the inaugural Pharma CEO Breakfast event at the Anantara New York...

Office Market

MNB Flags Risk of Oversupply on Commercial Property Market

The National Bank of Hungary (MNB) flagged the risk of oversupply in the commercial property market within one or two...

Office Market

Futureal Acquires Lipowy Office Park in Warsaw

Futureal has announced the acquisition of Lipowy Office Park in Warsaw. The company intends to reposition the building complex by...

Deals

MOL Refinances EUR 750 mln Revolving Credit Facility

Hungarian oil and gas company MOL has refinanced a EUR 750 million multicurrency revolving credit facility signed in 2017, the...

Manufacturing

Moldova Industrial Output Drops in August

Industrial production in Moldova decreased 0.1% year-on-year in August, easing from a 4% fall in the previous month, Trading Economics...

Innovation

Hungary Experiences Rapid Brain Business Jobs Growth

Hungary has experienced strong growth in so-called brain business jobs over the past years, with a growth rate more than...

Manufacturing

Masterplast Books Q3 Loss

Listed building materials maker Masterplast had a third-quarter loss of EUR 598,000, amid weak demand and narrower margins, news wire...

Residential

Housing Prices Increasing After Brief Dip

The Hungarian housing price index continues to set highs, according to the Duna House Barometer. In its latest analysis, it...

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...