Business

Transport

Waberer’s issues EUR 111 mln bond

Listed Hungarian hauler Waberer's International on Friday announced the issue of a EUR 111 million corporate bond in a private...

Telco

New Name, New Plans: Telenor Completes Rebranding as Yettel

Mohamed ElSayad, chief commercial officer at Yettel Hungary, talks to the Budapest Business Journal about Telenor Hungary’s recent rebranding to...

Construction

Mapei targets 19% revenue rise

The local unit of Italian building materials maker Mapei targets a 19% revenue rise to HUF 33 billion this year,...

Office Market

MIPIM 2022 Sees Return to Large-scale Expo Events

Hungary and Central European countries such as Poland and the Czech Republic attracted a strong attendance at the 2022 MIPIM...

Sustainability

Property Sustainability Integrating Into Wider Regularity Systems

With the perceived growing need for third-party accountability, commercial property sustainability accreditation systems are already being designed for various project...

Retail

Croatia retail sales drop in February

Croatia's retail sales in volume terms dropped by a working day and seasonally adjusted 0.7% year-on-year in February, after a...

Sustainability

Borrowers sign contracts for HUF 125 bln of Green Home Program loans

Borrowers have signed close to 4,000 contracts for HUF 125 billion of loans in the framework of the Green Home...

Residential

Housing developers unsettled by war

"Developers are in a worse mood than buyers," is the market sentiment characterized by Tamás Kricsfalussy, executive of one of...

Manufacturing

Industrial producer prices up 22.4% y.o.y. in February

Industrial producer prices were 22.4% higher on average in February 2022 than a year earlier, according to a report by...

Construction

GVH fines construction companies over cartel activity

Hungary's competition office GVH on Thursday said it fined three construction companies a combined HUF 42.8 million over cartel activity,...

Office Market

Immofinanz signs contracts for 65,000 sqm in 2021

Immofinanz - one of the largest investors in the region - signed contracts in the retail and office sector for...

Residential

Real estate market effects augur further price increases 

At the moment, all market effects augur a further increase in the price of real estate, especially second-hand residential real...

Retail

Latvia retail sales increase in February

Latvia's retail sales increased in February, led by non-food sales, figures from the Riga-based Central Statistical Bureau (CSB) showed on...

Automotive

Duna Autó to sell MG cars in Hungary

Duna Autó will start selling MG cars in Hungary from Q3 2022, the car seller's importer unit Duna Motors Disztribúció...

Retail

Lithuania retail sales growth slows in February

Lithuania's retail sales growth eased to the lowest in three months in February, figures from Statistics Lithuania (LS) showed on...

Business

Budapest’s District VI Adopts Outdoor Advertising Ban to Protect Historic Streetscape

Budapest’s District VI council approved a ban on outdoor advertising Thursday in order to protect Terézváros’ historic streetscape and reduce...

Sustainability

Enthusiastic Visionary Optimistic About Sustainable Future

Nándor Kovács jokingly describes himself as a “revolutionary” when it comes to real estate sustainability. Spend just a little time...

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...

Budapest’s District VI Adopts Outdoor Advertising Ban to Protect Historic Streetscape

Budapest’s District VI council approved a ban on outdoor advertising Thursday in order to protect Terézváros’ historic streetscape and reduce...

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...

Enthusiastic Visionary Optimistic About Sustainable Future

Nándor Kovács jokingly describes himself as a “revolutionary” when it comes to real estate sustainability. Spend just a little time...

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...