Business

Deals

Publicis Groupe Acquires Vivnetworks

Publicis Groupe has announced the acquisition of Vivnetworks, the leading affiliate marketing agency in Central and Eastern Europe....

Deals

Wirtualna Polska Buys Szallas Group for EUR 82 mln

One of the most significant Central European digital acquisitions in the tourism sector in recent years has been completed: the...

Retail

Hungarians Budget HUF 100,000 for Winter Holidays

Hungarians plan to spend around HUF 100,000 over the holidays this year, including HUF 47,500 on gifts, news agency MTI...

Transport

New MÁV-Volán Train, Bus Timetable From December 11

The new 2022/2023 train and bus timetable of the MÁV-Volán group will enter into force on December 11, the transport...

Construction

Construction Output Volume up 1.6% y.o.y. in Hungary

The volume of Hungary's construction output in September 2022 was about 1.6% higher than a year ago, according to raw...

Retail

Bulgaria Retail Trade Growth Steady in September

Bulgaria's retail sales at constant prices, except for motor vehicles and motorcycles, increased by 2.1% on the year in September,...

Automotive

AutoWallis Buys Nelson Group’s Fleet Management Division

AutoWallis Group has agreed with Nelson Group on the purchase of its fleet management division, according to a press release...

Manufacturing

Slovakia Industrial Output Falls in September 

Slovakia's industrial production retreated 1.9% year-on-year in September, following 2% contraction in August, data from the Bratislava-based Slovak Statistical Office...

Residential

Fewer Homeowners Plan to Renovate in Coming Year

Around 18% of Hungarian homes could undergo renovation in the coming year, a representative survey of homeowners by economic research...

Pharma

Czech Online Pharmacy Pilulka Starts Operations in Hungary

Pilulka, the Czech Republic's largest online pharmacy, has started operations in Hungary and will soon continue its expansion in the...

Manufacturing

Tetra Pak’s Budaörs Plant Celebrates 30th Anniversary

Food packaging manufacturer Tetra Pak has celebrated the 30th anniversary of its plant in Budaörs (about 7 km east of...

Interview

Representing Int’l Medical Equipment on the Hungarian Market

The Budapest Business Journal talks with Gergely Finfera, CFO, co-founder, and co-owner of Fibre Medical Orvostechnikai Kft., about how a...

Office Market

Positive Budapest Office Figures Recorded

Total supply in the Budapest office market has reached 4.7 million sqm as of the third quarter of the year,...

Automotive

AutoWallis, Alteo to Boost EV Charging Infrastructure

The initiative announced last year by Alteo and the AutoWallis Group to support the spread of green mobility in Hungary...

Science

Corvinus Ranks Among Best Business Schools in Region

Corvinus University of Budapest has been ranked third out of 21 competing Eastern European business schools from 21 countries by...

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...

Resident Evil Game Prices Rise Around Film Premiere

Physical console editions of several Resident Evil games rose in price around the film’s Sept. 17 theatrical release, according to...

FDA Accepts Richter’s Fylrevy Menopause Therapy Application for Review

The U.S. Food and Drug Administration (FDA) has accepted Gedeon Richter’s new drug application for Fylrevy, the Hungarian pharmaceutical company...

DUIHK Central to the German-Hungarian Bilateral Economic Relationship

Róbert Keszte became president of the German-Hungarian Chamber of Industry and Commerce (DUIHK) in 2025. In this interview with the...

Egis Opens Major Pharmaceutical Distribution Center in Fót

Egis has opened a distribution center in Fót with capacity for 30,000 pallets, expanding its finished-product logistics operations to support...

Civil Engineering Surge Masks Decline in Building Construction

Civil engineering output more than doubled in Hungary in August, while building construction declined and the volume of new contracts...

Workload Outweighs Pay as Source of Workplace Distress

Workload, lack of recognition and job insecurity drive workplace distress among Hungarian employees, while pay remains their top priority, according...

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...