Business

Innovation

Bosch Innovation Campus: Automotive Technology Development Center Inaugurated

Leading supplier of automotive technologies and services Bosch has inaugurated its Budapest Innovation Campus, a 90,000 sqm complex that will...

Office Market

Multiple Challenges Changing the way Real Estate Market Operates

For anyone who wasn’t also working during the energy crisis of the 1970s, this must be the most challenging time...

Interview

Ryanair’s O’Leary: Hungarians Suffer From ‘Idiotic’ Excessive-profits Tax

Michael O’Leary was at his clowning best for the first minute of his Budapest press conference on September 13, grimacing,...

Industrial

First HelloParks Industrial Halls Fully Occupied

The first two warehouses developed by the industrial developer HelloParks, part of the Futureal Group, are now 100% occupied after...

Appointments

Taylor Wessing Hungary Welcomes Gábor Helembai as Counsel

Starting from September 2022, Gábor Helembai is joining the Budapest office of international law firm Taylor Wessing as counsel in...

Manufacturing

Pick Szeged Starts Construction of Salami Plant

Hungarian meat company Pick Szeged has started construction of a new salami plant in Szeged (163 km southeast of Budapest),...

Office Market

All Phases of Budapest One Office Building Obtain Occupancy Permit

The second and third phases of the Budapest One office building, developed in Őrmező in Budapest, the largest multimodal transport...

Retail

Bosnia Retail Sales up in August

Bosnia and Herzegovina's retail sales increased by 10.9% year-on-year in real terms in August, following a revised increase of 10.2%...

Transport

DHL Express Announces Price Adjustments for 2023 in Hungary

Express services provider DHL Express has announced price adjustments that will take effect from January 1, 2023....

Manufacturing

N. Macedonia’s Industrial Producer Prices Rise Further in August

North Macedonia's industrial producer prices increased by 25.8% year-on-year in August, after rising by 24.8% in July, the Skopje-based State...

Retail

Slovenia Retail Sales Jumps in August 

Retail trade in Slovenia advanced 31.7% year-on-year in August, following an upwardly revised 25% surge in the previous month, data...

Interview

Europe’s #1 Tech Recruitment Festival Comes to Budapest

The Budapest Business Journal talks with László Személyi, the CEO of Future-Now, and strategic production partner, Tech Jobs Fair Budapest...

Deals

4iG Signs New Deal to Acquire Spacecom

Listed Hungarian IT company 4iG on Thursday said it signed a new contract to acquire a 51% stake in Israeli...

Retail

Lithuania Retail Sales Fall Further in August

Lithuania's retail sales fell for the fourth month in a row in August, figures from the Vilnius-based Statistics Lithuania (LS)...

Fintech

Number of Mobile Wallet Transactions Skyrocketing

The number and value of mobile wallet payment transactions connected to domestically issued bank cards are rising spectacularly, writes business...

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...