Business

Retail

Black Friday at Emag: Fashion and Energy Saving

This year, online retailer Emag will hold its ninth edition of Black Friday, probably in the most unpredictable economic environment...

Residential

Number of Homes Built Rises in Q1-Q3

The number of new homes built in the first three quarters of 2022 increased by 7.7% year-on-year, according to data...

Fintech

Company Falsely Claims Cryptocurrency Mining Equipment in Taxes

According to an investigation by the tax authority, a company accounted for computers suitable for cryptocurrency mining as asset purchases,...

Manufacturing

Poland Manufacturing Downturn Intensifies in October

Poland's manufacturing activity contracted for the sixth successive month in October as output and new orders fell rapidly on the...

Podcasts

‘The Future of Energy’ – BBJ CEO Breakfast Briefing

The theme of the roundtable at the second CEO Breakfast Briefing organized by the German-Hungarian Chamber of Commerce (DUIHK) and...

Transport

Wizz Air H1 Losses Grow as Fuel Costs Soar

Hungarian low-fare carrier Wizz Air racked up a EUR 384.3 million loss in the first half of its business year...

Telco

Yettel Modernizing Domestic Mobile Network

Yettel is modernizing its mobile network across the country with tens of billions of forints, according to profitline.hu....

Retail

Estonia Retail Sales Decrease in September

Estonia's retail sales fell 6% year-on-year in September, after a 3% growth in August, data from Statistics Estonia (SE) showed...

HR

Businesses Apply for Subsidies to Place Over 10,000 Jobseekers

Businesses have submitted applications for subsidies to support the placement of 10,410 jobseekers, so far, in the framework of a...

Residential

Housing Market Kept Slowing Down in October

According to a monthly transaction number estimate by Duna House Group, a total of 8,326 residential properties changed hands in...

Manufacturing

Bosnia’s Federation Industrial Output Down in Sep

The industrial output of Bosnia's Federation fell 0.6% year-on-year in September, after an increase of 0.6% in August, data from...

Retail

Lithuania Retail Sales Fall Further in September 

Lithuania's retail sales decreased for the fifth consecutive month in September, figures from the Vilnius-based Statistics Lithuania (LS) showed on...

Retail

Euronics Sales Climb 19%

Net sales revenue of Vöröskő, which operates the Euronics chain of consumer electronics shops, rose 19% to HUF 88.7 billion...

Transport

Competition Office Calls Out Airlines for Ad Practices After Sweep

Hungary's Competition Office (GVH) on Friday said it found in a sweep that "most airlines" use "subliminal tricks" to sell...

Office Market

MNB: Commercial Property Market Requires Special Attention

Hungary's commercial property market requires special attention as higher energy, construction, and financing costs challenge both demand and supply sides,...

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...