Business

Construction

Post-pandemic Real Estate Winners and Losers

An overview of the prospects for real estate development must consider the availability of financing, demand and pre-leasing, sustainability and...

Construction

Full Hotel Recovery Likely to Take 2-3 Years

The Budapest Business Journal talks with Péter Takács of VLK Cresa about the state of hotel development in Hungary. A...

Construction

Retail Offerings Must Move With the Times

It hasn’t been an easy few years for retail developers. Concerns over the level of consumer spending in the wake...

Office Market

Positive Views on Office, Despite Many Challenges

The office market faces challenges regarding financing, demand, pre-leasing requirements, tenant specification, staff requirements, and, not least, working habits for...

Office Market

Market Talk: Development in a Post-COVID Hungary

Opinions differ as to how many planned development projects are going ahead in a changing market environment regarding financing, leasing,...

Industrial

Hungary’s Industrial Market Positively Booming

Analysts see the industrial and logistics market as the real estate sector in the most favorable post-pandemic position, with the...

Retail

Retail sales up 5.8% y.o.y. in September

In September 2021, the volume of retail trade in both raw and calendar-adjusted data was 5.8% higher than in the...

Residential

Capital home price appreciation outpaced in other cities

Prices of homes in the capital increased at just half of the pace prices rose in other cities around the...

Transport

Workplace mobility becoming key issue for Hungarian companies

As the hybrid remote working model is likely to remain prevalent in the long run, workplace mobility is becoming an...

Retail

Hungary to prohibit deceptive discounting 

Hungary will prohibit retailers from increasing prices just before a promotion to exaggerate advertised discounts under regulations in force from...

Manufacturing

Latvia industrial output quickens in September

Industrial production in Latvia increased 5.8% year-on-year in September, accelerating from a 3.7% jump in the previous month, figures from...

Transport

Motorway vignette prices, pegged to CPI, to rise 4.9% in 2022 

The price of motorway vignettes in Hungary, which were pegged to inflation from this year, will rise 4.9% from the...

Transport

GreenGo upgrading EV fleet

Auto-sharing company GreenGo yesterday announced plans to upgrade its fleet of electric vehicles with ones that can travel farther, according...

Residential

Home building permit issues up 30% y.o.y. in Q1-Q3

Some 12,642 new homes were built in the first three quarters of 2021, while the number of issued home construction...

Retail

European sporting goods market to surpass USD 30 bln in 2025

The sporting goods market in Europe will grow to USD 30.74 billion in 2025, the Warsaw Business Journal says, citing...

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....

Wizz Air Enters Winter With Fuel Hedges and Record Summer Traffic

Discount airline Wizz Air is preparing for winter with more than EUR 2.2 billion in liquidity and fuel hedges covering...

Older Small Cars Rise in Price as Hungary’s Budget Used-Car Supply Shrinks

Suzuki Swift asking prices rose 25.8% year-on-year in September as the share of used cars below HUF 2.5 mln shrank,...

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...