Business

HR

Poland Jobless Rate Stagnant in September

The unemployment rate in Poland remained stable for the second straight month in September, in line with expectations, figures from...

Science

EMBL-HCEMM Partnership Fostering Excellence in Science

In the dynamic world of molecular biology and scientific research, collaborations and partnerships have proven pivotal in advancing knowledge and...

Innovation

Companies Still Unprepared for Cyberattacks

On average, companies faced more than 40 cyberattack attempts last year, and even a single successful breach may cause millions...

Retail

Poland Retail Sales Fall Further in September

Poland's retail sales decreased for the eighth straight month in September, though at a slower pace, figures from the Warsaw-based...

HR

Penny Announces Special Employee Bonus

As Christmas is approaching, retail chain Penny will provide a net amount of HUF 60,000 to all its active employees,...

Manufacturing

Lithuania Industrial Output Falls Further in September

Industrial production in Lithuania dropped 2.6% year-on-year in September, easing from a downwardly revised 7% fall in the previous month,...

Pharma

Egis Division to Develop, Produce Active Ingredients for Partners

French-owned Hungarian pharmaceutical company Egis Gyógyszergyár on Tuesday announced the launch of a new division to develop and produce active...

Interview

Sustainability and Growth: CTP Hungary’s Vision for Future of Industrial Real Estate

What lies ahead for Hungary’s industrial and logistics real estate market? CTP Hungary managing director Ferenc Gondi shares his insights...

Appointments

New CEO at the Helm of Allianz Hungária From January

As of January 1, 2024, Gergely Bacsó is set to take over the position of CEO and chairman of the...

Deals

Garantiqa Signs InvestEU Guarantee Agreement

State-owned guarantor Garantiqa signed an agreement with the European Commission on Monday on InvestEU guarantees worth up to EUR 274...

Manufacturing

Poland Industrial Output Falls in September

Poland's industrial output slipped by 3.1% year-on-year in September, accelerating from a downwardly revised 1.9% decrease in the prior month,...

Logistics

Gov’t Planning HUF 40 bln-50 bln Industrial Park Near Budapest

Government officials announced plans for a HUF 40 billion-50 billion logistics and industrial park on the outskirts of Budapest last...

Manufacturing

Aeroplex Building Component Repair Plant Near Ferenc Liszt Int’l

State-owned aircraft maintenance company Aeroplex of Central Europe is building a close to EUR 5 million component repair plant in...

Automotive

Gov’t Launching HUF 60 bln EV Program

The government will launch a HUF 60 billion program in November to put more electric vehicles on Hungary's roads, Minister...

Automotive

New Car Registrations in Hungary Slip 3% in September

The number of new passenger car registrations in Hungary fell 3.1% year-on-year to 9,123 in September, news agency MTI reports,...

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...