Business

Office Market

Property and Facility Management Leading the ESG Charge

With the increased importance of office interiors, property management and facility management are seen as needing to adapt to new...

Office Market

Budapest Office Stock 4 mln sqm and Growing

Total modern office stock in Budapest surpassed four million sqm in the first quarter of 2022 according to the Budapest...

Office Market

Post-pandemic, Office Interiors are Having to Evolve

Office interior themes have become integrated into the concept, design, leasing strategy, and property management and facility management of office...

Office Market

Market Talk: Offices an Evolving Rather Than Endangered Species

The Budapest Business Journal’s real estate editor talks to some of the leading players in the Budapest market to assess...

Sustainability

Educating Through Better Sustainability, Quality and Technology

You might not expect education to be a theme that crops up often in conversation with a leading real estate...

Office Market

Despite Challenges, CPI Embraces ‘Exciting’ Period of Change

These may be uncertain times, into our third year of the COVID pandemic, with the unwelcome return of war in...

Logistics

Euronics opens modern, robotized warehouse in Üllő

Exclusively Hungarian-owned technical goods chain Euronics opened its new 28,000 sqm warehouse in Üllő, near Budapest, this week, according to...

Deals

Indotek Group Enters Italian Real Estate Market

Indotek Group has completed its first acquisitions in the Italian market, expanding in two retail segments: supermarkets and shopping centers,...

Automotive

Mercedes-Benz Hungary unit turnover falls to EUR 3.1 bln in 2021

Revenue of German carmaker Mercedes-Benz's local unit fell to EUR 3.1 billion in 2021 from EUR 3.4 bln in 2020,...

Interview

Supporting Diversity and Sustainability, Pushing Electromobility

In an exclusive interview, the Budapest Business Journal talks with Italian Fabiola Attorri, CEO of Mercedes-Benz Hungária Kft., about gender...

Automotive

Siemens’ Solutions Drive Automotive Sector into the Future

Siemens’s digital products, services and solutions bring unlimited digital potential to the automotive assembly lines in the country. Csaba Pálla,...

Residential

MNB points to ‘historically high’ home price overvaluation

The National Bank of Hungary (MNB) said home price overvaluation has risen to "a historically high level of 18%" in...

Office Market

Atrinova office building refurbished

The renovation of Budapest's Atrinova office building is now complete, according to a press release sent to the Budapest Business...

Deals

Semmelweis U, Roche Hungary sign strategic agreement

Semmelweis University, Hungary's top medical school, and the local unit of pharmaceutical company Roche have signed a strategic agreement, Roche...

Innovation

Lufthansa Systems relaunches IT Young Professional Program

Lufthansa Systems Hungária will relaunch its IT Young Professional Program this year, through which talented young people with general software...

Transport

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...

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....

Retail

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...

Pharma

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...

Interview

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...

Pharma

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...

Construction

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...

HR

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...

Appointments

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...

Retail

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...

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...

Manufacturing

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...