Business

Manufacturing

Hungary Tops out HUF 300 bln Munitions Complex

Hungary topped out a more than HUF 300 billion munitions manufacturing complex in Várpalota on Friday, according to a report...

Sustainability

Developers Call for More Transparency and Improved Sustainability Benchmarking

ESG-compliant features and procedures in real estate are increasingly the norm. That is exemplified by accreditation to a recognized third-party...

Sustainability

U.K.’s Breeam Accreditation Dominates CEE Office Markets

The U.K.-based Breeam is the third-party sustainability accreditation system of choice with office developers in Central Europe, according to Colliers...

Sustainability

1st set of European Sustainability Reporting Standards is out Now

On July 31, the European Commission adopted the first set of European Sustainability Reporting Standards (ESRS). These will play a...

Sustainability

ESG Offers Sustainable Future for Building, Living and Working in Budapest

A prime issue facing Budapest is how the infrastructure, look and feel of the city can and should be improved...

Sustainability

ESG is a Mindset, Says Atenor: ‘Why not do it if you Can?’

While “environmental” issues are widely understood by society, the acceptance of the “social” and “governance” aspects of ESG are very...

Sustainability

Sustainability Central to High-end Investment Deals

In addition to a market correction, with yields moving out from the current 5.25% for office and 5% for industrial,...

Sustainability

Market Talk: Showcasing the Positive Examples of Sustainable Policies

The term “Green Business” suggests that successful actors in the various commercial real estate sectors are adapting their business practices...

Automotive

AutoWallis May Increase Planned Sales Due to Strong Performance

After the financial results of the past four record years, the company may increase its planned sales and business figures...

HR

Croatia Unemployment Rate Edges up in August

Croatia's registered unemployment rate rose to 6.0% in August from 5.8% in July, the Croatian Bureau of Statistics (Crostat) said...

Appointments

Andor Nagy Joins Dentons Budapest

Dentons has announced the addition of Andor Nagy to its public law and regulatory practice in Budapest....

HR

Poland Employment Stalls, Wages up in August

The annual corporate employment in Poland was unchanged at 6.502 million people in August, the Warsaw-based Central Statistical Agency (GUS)...

Science

Szijjártó: Contract With Axiom Paves Way for Hungarian on Space Station

Minister of Foreign Affairs and Trade Péter Szijjártó has announced the signing of a contract with US-based Axiom Space paving...

Retail

GLS Inaugurates 1,250th Parcel Terminal

Express delivery company GLS Hungary inaugurated its 1,250th parcel terminal on Thursday, according to a report by state news wire...

Automotive

New Car Registrations in Hungary Fall 10% in August

The number of new passenger car registrations in Hungary fell 10.4% year-on-year to 8,951 in August, data compiled by the...

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...