Business

Deals

MOL, Miskolc Uni Sign 3-year Agreement

MOL and the University of Miskolc signed a three-year strategic cooperation agreement, according to hrportal.hu....

Innovation

Hungary 36th Best Country for Remote Work – GRWI

Hungary is the 36th best country in the world for remote work, according to the Global Remote Work Index (GRWI)...

Appointments

Bettina Beke Joins ConvergenCE Leasing Team

Bettina Beke joined ConvergenCE's leasing team this month, according to a press release sent to the Budapest Business Journal....

Automotive

Used Car Sales Rise Close to 6% in September

Used car sales in Hungary rose 5.8% year-on-year to 70,900 in September, listings site JoAutok.hu said on Friday, citing figures...

Automotive

Rába Shareholders to Vote on Property Sale

Shareholders of listed automotive industry company Raba will vote on the sale of a large piece of real estate no...

Telco

Hungary, Huawei Sign MoU on Enhancing Cooperation

The government of Hungary and Chinese technology company Huawei signed a memorandum of understanding on Thursday to enhance the strategic...

Residential

Home Rental Rates in Hungary Rise Nearly 13% in September

Home rental rates in Hungary rose 12.5pc year-on-year in September, at practically the same pace as in the previous month,...

Manufacturing

Construction of Ganz’s Solar Park in Tápiószele Starts

The construction of a 2 MW solar park of Ganz Transformers and Electric Rotating machines in Tápiószele has officially started,...

Automotive

Hungary to Launch HUF 60 bln EV Subsidy Scheme

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

Automotive

AutoWallis Launching Own Carsharing Brand Replacing Share Now

Wallis Autómegosztó will launch its own carsharing service under the wigo brand on October 24. On that day, Share Now...

Deals

Hungary Signs Cooperation Agreement With ICBC

Economic Development Minister Márton Nagy signed a cooperation agreement with Industrial and Commercial Bank of China (ICBC) CEO Liao Lin...

Automotive

BYD Launches Sales in Hungary

Chinese electric vehicle and battery maker BYD yesterday announced the launch of sales in Hungary, according to autopro.hu....

Retail

14 Stop Shop Parks Added to CPI Hungary’s Retail Portfolio

CPI Hungary now has a retail portfolio of 275,000 square meters, with 65 million visitors annually. Besides shopping centers like...

Pharma

Call for Greater Efficiency, Transparency, Predictability for Hungary’s Pharma Sector

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

Automotive

Automotive Industry Output up 4.6% y.o.y. in August 

The output of the automotive industry, Hungary's most significant manufacturing sector, rose 4.6% year-on-year in August, slowing from a 14.4%...

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...