Business

Science

Corvinus Uni to Celebrate Launch of New Bachelor Program

University lecturers from Exeter and Graz are among foreign guests invited to Corvinus University of Budapest’s round table discussions in...

Retail

Serbia Retail Sales Down in July, Jobless Rate Declines in Q2

Serbia's retail sales decreased 3.2% year-on-year in July, following a 6% drop the month before, figures from the Serbian Statistical...

Retail

Jysk Stores Opening in Solymár and Mór

Jysk, the Danish furniture retail chain, will expand locations by opening two new stores in Solymár and Mór....

HR

Romanian Jobless Rate Edges Down in July

Romania's seasonally adjusted unemployment rate ticked lower to 5.5% in July, from an upwardly revised 5.6% rise in the previous...

Innovation

President Novák Invites Elon Musk to Budapest

President Katalin Novák implicitly invited tech billionaire Elon Musk to the Budapest Demographic Summit, being held between September 14-15, after...

Retail

Croatia Retail Trade Picks up in July

Croatia's retail sales volume rose by a real 2.9% year-on-year in July, following an increase of 2.2% in June, the...

Telco

Vodafone Magyarország Acquisition Lifts 4iG Earnings in H1

Listed ICT company 4iG had an H1 after-tax profit of HUF 7.8 billion, improving from a HUF 2.8 bln loss...

Residential

Balaton Popularity Pushing up Veszprém County Home Prices

Average square meter prices have risen by 55% compared to 2022 in Veszprém County, where, based on average real estate...

Retail

Estonian Retail Sales Shrink in July 

Estonian retail trade declined 8.6% year-on-year in July, slipping further from an 8.1% fall in the previous month, data from...

Science

Semmelweis Reveals New Treatment Approach in Periodontology

Rather than targeting treatment against bacteria, dentists at Hungary’s Semmelweis University bank on the body’s immune response to combat the...

Manufacturing

Industrial Producer Prices up 1.3% y.o.y. in July

Industrial producer prices in Hungary were 1.3% higher on average in July 2023 compared to one year earlier....

Retail

Slovenia Retail Sales Continues to Fall in July

Slovenia retail sales declined 16.3% year-on-year in July, falling further from a 15.7% drop in the previous month, data from...

Automotive

10 Millionth Electric Steering System Completed at Bosch Maklár

The 10 millionth electric steering system was rolled out at Robert Bosch Automotive Steering in Maklár, one of the largest...

Retail

Latvia Retail Sales Down in July

Retail sales in Latvia shrank by 2.5% year-on-year in July, following an upwardly revised 2.4% fall in the prior month,...

Transport

Freight Volume Down 13% in Q2

Freight volume in Hungary fell 13% year-on-year to 68.1 million tonnes in the second quarter, data released by the Central...

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...