Business

HR

Minimum Wage Agreement ‘Very Likely’ by Late November

Talks on next year's minimum wage rise are "going well" and an agreement could "very likely" be reached by the...

Manufacturing

Slovakia Industrial Output Rebounds in August

Industrial production in Slovakia grew 4.6% year-on-year in August, shifting from a 5.3% contraction in the previous month, figures from...

HR

Unions Propose 10% Minimum Wage Rise for Skilled Workers

Unions have proposed the minimum wage be raised 10% for skilled workers and 15% for unskilled laborers next year, the...

Pharma

Hungary Orders 300,000 of Latest COVID Vaccine

Hungary has ordered 300,000 doses of COVID-19 vaccine from the quota reserved for the European Union, virologist Miklós Rusvai told...

Manufacturing

Czech Industrial Production Falls at Slower Pace in August

Czech industrial production posted a slower decline in August, figures from the Czech Statistical Office (CZSO) showed on Monday....

Deals

Gov’t Privatizing Stake in MÁV Vagon

The government has decided to sell around 75% of MÁV Vagon, the rolling stock maintenance and manufacturing unit of the...

Logistics

Plan to Double Economic Weight of Logistics Sector Being Drafted

Hungary's government is drafting a package of proposals, with the involvement of industry players, to raise the forwarding and logistics...

Competition

Coca-Cola HBC, Mate Launch Coffee Grounds Recycling Contest

Coca-Cola HBC Hungary and the Hungarian University of Agricultural and Life Sciences (Mate) joined forces to comprehensively investigate the coffee...

Retail

Hungary Inflation Falls to 12.2% in September

Consumer prices in Hungary were 12.2% higher on average in September 2023 than a year earlier, according to data published...

Retail

Czech Retail Sales Continue to Shrink in August

Retail trade in the Czech Republic declined 2.8% year-on-year in August, slipping further from an upwardly revised 2.1% fall in...

Deals

Waberer’s Acquiring 55% Stake in MD International

Listed Hungarian hauler Waberer's International on Friday announced its wholly-owned unit WSZL signed an agreement to acquire a 55% stake...

Manufacturing

Industrial Production Falls in August

The volume of industrial production dropped in August 2023 by 5.3% year-on-year. Based on working-day-adjusted data, production declined by 6.1%,...

Sustainability

The Best Ingredients for the Workplace of the Future

Dutcham recently organized an interactive workshop in collaboration with renowned Hungarian architect firm DVM group and their Dutch partner, Ditt...

Transport

Wizz Air Suspends Hungary-Israel Flights

Wizz Air has suspended flights between Hungary and Tel Aviv because of the escalation of the conflict in Israel, the...

Interview

World Championships Ensure Packed Launch for Radisson Hotel BudaPart

The management behind the new Radisson Hotel in BudaPart interviewed 300 candidates to find a “World Championship” team. General manager...

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...