Business

Residential

Germans Top List of Foreign Real Estate Buyers

Germans accounted for the biggest share of real estate transactions brokered by Otthon Centrum in January-July, the company said in...

Sustainability

MOL Sets Sights on Self-sustainability

Hungary-based energy multinational MOL has seen troubled times along with its peers, but its latest figures show a significant rebound....

Interview

Graboplast: Making Flooring in Hungary, Selling to the World

The Budapest Business Journal sat down with László Ivan, CEO of flooring manufacturer Graboplast Zrt., for a frank interview about...

Retail

Prices of Monitoring Platform Products Fall 6.5%

Prices of products included on an online price-monitoring platform for food have fallen by 6.5% on average since the site's...

HR

A 10% Increase in Minimum Wage Realistic for Near Future

Negotiations on the mid-year increase in the minimum wage will begin at the end of August, according to 24.hu....

Automotive

Number of Vehicles With Green Plates Climbs Over 76,000

There were over 76,000 vehicles registered in Hungary with green number plates in July, up 21,000 from a year earlier,...

Transport

Previously Purchased BKK Tickets to Remain Valid Until Mid-2024

The price increase for BKK tickets will come in September, but the spokesperson of the transport center assured passengers that...

Retail

Penny Stores Now Accepting SZÉP Cards as Payment Method

As of August, customers can pay with their SZÉP cards in all 229 Hungarian units of Penny, the retail chain...

Residential

Modern Apartments Under Construction in Zugló

New apartments with high technical standards are being built in the new urban part of Zugló, according to a press...

Construction

Construction Assoc Urges Gov’t to Even out Decline in Demand

Hungarian construction association Évosz pressed the government to step up its role as a mitigator of swings in demand in...

Construction

Construction Assoc Urges Gov’t to Even out Decline in Demand

Hungarian construction association Évosz pressed the government to step up its role as a mitigator of swings in demand in...

Manufacturing

Czech Industrial Output Expands Further in June

The Czech Republic's industrial production expanded for the fifth straight month in June on the back of strong manufacturing output,...

Residential

District II Still Most Sought-After Area of Capital

For the second time this year, District II is the most sought-after area of the capital while District XI came...

Residential

District II Still Most Sought-After Area of Capital

For the second time this year, District II is the most sought-after area of the capital while District XI came...

Pharma

Richter to Supply Active Ingredient for Mithra’s Estelle, Donesta

Hungarian pharmaceutical company Gedeon Richter on Tuesday announced that it signed a binding agreement to supply Belgian peer Mithra with...

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...