Business

HR

Poland Unemployment Rate Steady in August

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

Residential

Mini-apartments Remain Popular

Even in the changed real estate market conditions, mini-apartments with a small floor area of 10 to 20 sqm have...

Telco

Scope Changes Outlook on Magyar Telekom Rating to Positive

Scope Ratings affirmed Magyar Telekom's BBB+ issuer rating and changed the outlook to positive from stable at an annual review...

Appointments

Procter & Gamble Appoints New Senior VP for Central Europe

Uluc Ayik has taken up the position of senior vice president of Procter & Gamble in the Central European Region,...

HR

Fewer People in Poland Afraid to Lose Their Jobs, Research

According to a poll by the Public Opinion Research Center (CBOS) the sense of job security increased in September, reported...

Automotive

Shell Study: 9 out of 10 Mechanics Grapple With Engine Deposits

In Hungary, 9 out of 10 auto mechanics experience problems resulting from performance-decreasing deposits on vital engine parts according to...

Science

HCEMM: an Institute on Medicine’s Most Important Frontier

All of us have some experience with aging; at the very least, we have all seen it happen to others....

Manufacturing

Lithuania Industrial Output Shrinks in August

Industrial production in Lithuania fell 7.3% year-on-year in August, easing from an upwardly revised 9% fall in the previous month,...

Residential

Widest Range of Real Estate Prices Found in Somogy County

Anyone who wants a house in Somogy County can choose from the country's most expensive and cheapest properties, writes business...

Transport

Wizz Air Celebrates 2.5 Millionth Passenger Flying From Debrecen

Debrecen International Airport and Wizz Air have been flying together for more than 10 years, with now more than 2.5...

Automotive

Used Car Sales Rise Close to 3% in August

Used car sales in Hungary rose 2.9% year-on-year to 72,500 in August, listings site JoAutok.hu said on Monday, citing figures...

Manufacturing

Moldova Industrial Output Shrinks in July

Industrial production in Moldova shrank by 4% year-on-year in July, easing from a 10.5% drop in June, Tradingeconomics.com reported citing...

Interview

Debrecen’s BMW iFactory Provides Glimpse Into Automotive Future

Hans-Peter Kemser, president and CEO of BMW Manufacturing Hungary Kft. talks with the Budapest Business Journal about progress at “Plant...

Retail

Poland August Retail Sales Fall on Year

Poland retail sales fell 2.7% year-on-year in August, the smallest decline in six months, figures from the country's Central Statistical...

Construction

Budapest-Belgrade Rail Construction Thrown Into Doubt

The future of multi-billion dollar Budapest-Belgrade high-speed rail link has been thrown into doubt after Hungary redirected its equipment and...

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...