Business

Inside View

Termination of tax treaty damaging competitiveness, U.S.-HUN relations

The Budapest Business Journal asked some of Hungary's foremost experts about the possible economic effects of the termination of the...

Inside View

Increased tax burdens for U.S., Hungarian taxpayers

The Budapest Business Journal asked some of Hungary's foremost experts about the possible economic effects of the termination of the...

Logistics

Increased inquiries for SBU and LML space in CEE-15 countries

An analysis of CEE-15 countries has recorded increased inquiries for small business units (SBU) and last-mile logistics (LML) space, connected...

Inside View

U.S.-HUN tax deal termination to have significant impact on taxation of individuals

The Budapest Business Journal asked some of Hungary's foremost experts about the possible economic effects of the termination of the...

Construction

Construction output volume up 9.9% y.o.y. in May

The volume of construction output in May 2022 surpassed the previous year’s level by 9.9%, according to raw data published...

Manufacturing

Romania industrial production expands in May

Romania's industrial production expanded in May from a year ago, driven by an increase in manufacturing output, data from the...

Inside View

Hungarian firms investing in the U.S. to be more affected by lack of tax deal

The Budapest Business Journal asked some of Hungary's foremost experts about the possible economic effects of the termination of the...

Inside View

Possible effects of the termination of the U.S.-HUN tax deal

The Budapest Business Journal asked some of Hungary's foremost experts about the possible economic effects of the termination of the...

Inside View

Termination of tax deal to have serious consequences for U.S., Hungarian firms

The Budapest Business Journal asked some of Hungary's foremost experts about the possible economic effects of the termination of the...

Office Market

Wing acquires 2 historic downtown buildings in Budapest

Wing, one of the leading property developers and investors in the Hungarian real estate market, has acquired two historic buildings...

Construction

Slovakia construction output rebounds in May

Slovakia's construction output expanded by 2.5% year-on-year in May, reversing a 2.7% decline in the previous month, figures from the...

Appointments

Baker McKenzie’s Budapest office strengthens employment law practice 

Baker McKenzie has promoted Nóra Óváry-Papp to counsel, according to a press release sent to the Budapest Business Journal....

Logistics

Jysk to supply shops in region from Hungary

Jysk will start supplying shops in the region from a EUR 200 million warehouse it recently completed on the outskirts...

Manufacturing

Slovakia industrial production rises in May

Slovakia's industrial production expanded for the first time in four months in May on the back of strong manufacturing output,...

Manufacturing

Ganz Transformers continues stable growth in H1 2022

In the first half of 2022, Ganz Transformers and Electric Rotating Machines continued its stable growth, with the order intake...

Pharma

Rooftop Breakfast Offers Helicopter View of AI’s Impact on Pharma

About 50 guests began their day in the beautiful setting of the Duchess Rooftop Bar of the Matild Palace Hotel...

Interview

Rethinking Data Strategies From Storage to Recovery

As Hungarian businesses manage increasingly fragmented data and face more sophisticated cyberthreats, reliable recovery is becoming a board-level priority....

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...

Lake Balaton Cycling Upgrades to Add Wider Paths and New Bridges

Nearly 20 km of the Lake Balaton cycling circuit will be renovated under two programs financed through EU and domestic...

Rooftop Breakfast Offers Helicopter View of AI’s Impact on Pharma

About 50 guests began their day in the beautiful setting of the Duchess Rooftop Bar of the Matild Palace Hotel...

Rethinking Data Strategies From Storage to Recovery

As Hungarian businesses manage increasingly fragmented data and face more sophisticated cyberthreats, reliable recovery is becoming a board-level priority....

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,...