Business

Residential

Duna House franchise commissions revenue up 20% in Q3

The third-quarter commissions' revenue of the franchises of listed real estate broker Duna House rose 20% year-on-year to HUF 3.49...

HR

HUF 50 bln to support hiring of disabled

Accredited companies may apply for a little more than HUF 50 billion in support to hire people living with disabilities...

Residential

Pécs offers muni council-owned plots to young locals

The municipal government of Pécs (about 170 km southwest of Budapest) is offering to sell young locals who intend to...

Transport

Wizz Air opens base in Venice

Discount airline Wizz Air announced the opening of its seventh Italian base, at Venice Marco Polo airport this week....

Incubators

Municipality to build HUF 400 mln business incubator

The municipality of Tata is to build a HUF 400 million business incubator with support from the European Union and...

Residential

Home prices in Hungary double since 2010

Home prices in Hungary have risen 109% since 2010, state news wire MTI reports, citing data compiled by Eurostat....

Sustainability

Diófa Responding to ‘Strong Demand’ for ESG

The Budapest Business Journal talks with Zsombor Incze, head of the business development department at investment fund manager Diófa Asset...

Sustainability

ESG: a Risk or an Opportunity for Big Oil?

The increasing popularity of sustainable investing comes with a rise in greenwashing concerns. To avoid allegations and mitigate risks, the...

Office Market

Call for all Stakeholders to be Involved in Design From the Start

Office interiors have become integrated into the concept, design, leasing strategy, and project and facility management of office projects. This...

Office Market

Market Talk: Green Building the Only Sustainable Choice

Sustainability or green issues are increasingly impacting building design and property management in response to tenant and staff demands, and...

Sustainability

Sustainability Coming to the Fore in Real Estate Investment

As the concept of ESG (environmental, social, and governance) investing becomes a practice increasingly utilized by investors, the extent to...

Construction

Architecture, Urban Planning Must Adapt to Sustainability Expectations

Budapest’s sustainable development encapsulates environmental issues relating to the capital as a business hub, a cultural and historical center, and...

Telco

Hungary rolls out mobile handset upgrade subsidies

The head of Hungary's National Media and Infocommunications Authority (NMHH) on Thursday announced the launch of a HUF 5 billion...

Deals

EBRD to acquire stake in Bulgaria’s Euroins Insurance Group

The European Bank for Reconstruction and Development said it has signed an agreement to acquire a minority stake in Bulgaria's...

Manufacturing

Industrial production up in August

In August 2021, the volume of industrial production grew by 2.6% year-on-year, according to raw data. Based on working-day adjusted...

Industrial

PSS Expands Hungarian Capacity Serving BMW, Mercedes and Others

Premium Sound Solutions is expanding its Hungarian manufacturing footprint with a new purpose-built plant at LogStar Park Fehérvár in Szabadbattyán...

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....

PSS Expands Hungarian Capacity Serving BMW, Mercedes and Others

Premium Sound Solutions is expanding its Hungarian manufacturing footprint with a new purpose-built plant at LogStar Park Fehérvár in Szabadbattyán...

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...