Business

Deals

MVM Cancels Bid to Acquire E.ON Energie Romania

State-owned Hungarian energy group MVM announced late on Friday that in agreement with E.ON Energie Romania, it is ending its...

Tech

4iG Raises Capital in Axiom Space

4iG Defence and Space Technologies signed an agreement with Axiom Space, the leading provider of human spaceflight services and developer...

Retail

Black Friday Shoppers Targeting Quality Over Price

Buying Christmas presents for loved ones has increasingly been linked to Black Friday promotions in recent years. Customers who already...

Retail

Lululemon to Enter Hungary as Part of 2026 Int’l Expansion

Athletic and lifestyle apparel brand lululemon is set to enter the Hungarian market in 2026 as part of a broader...

Deals

Deals of the Year 2025: A Handful of Large-scale Transactions Reshape Strategic Sectors

This year, the headline-worthiest deals, defense consolidation, media takeovers, as well as potential energy acquisitions, shaped public discourse in Hungary....

Real Estate

Panattoni Completes Development in Üllő

Panattoni Hungary has officially handed over a newly built logistics hub in Üllő (just 28 km southeast of central Budapest),...

Innovation

More Companies to Receive Subsidies to Boost Online Presence

The gov't will make available through the Demján Sandor Program HUF 1.1 billion of subsidies in a second round of...

Automotive

Mid-range Vehicles Gain Ground as Used Auto Market Stabilizes

The domestic used-car market is showing signs of a gradual but clear structural shift, with price segments stabilizing and electric...

Transport

Budapest Airport Caps Anniversary Year With Charity Donation, Traffic Milestones

Budapest Airport capped its 75th anniversary year with a major charitable donation, strong passenger and cargo performance, and the launch...

Retail

Aldi to Open Its Own Low-cost Christmas Market in Downtown Budapest

Aldi Hungary is set to open its own Christmas market in downtown Budapest, aiming to make the festive atmosphere accessible...

Residential

Budapest Castle District Voters Back Short-Term Rental Ban

Nearly 59% of participants in an online vote in Budapest’s District I supported a complete ban on short-term rentals, Castle...

Real Estate

Erste Real Estate Investment Fund Buys H2Offices

Skanska has agreed to sell the second phase of its H2Offices complex to Erste Open-Ended Real Estate Investment Fund, represented...

Retail

Aldi Cuts Selection and Prices, Shifts toward Stricter Discount Model

Aldi has reduced its food assortment from 2,600 to 2,100 products as part of a data‑driven cleaning process that keeps...

Business

Working for a Competitive Advantage – The Latest Issue of the BBJ

Róbert Keszte became president of the German-Hungarian Chamber of Industry and Commerce (DUIHK) in 2025. In an interview with the...

Real Estate

Investors Becoming More Selective as Markets Rebound

Commercial real estate investment across the CEE-6 markets reached EUR 5.8 billion for H1 2026 compared with EUR 5.4 bln...

Automotive

Budapest Cuts EV Parking Discounts but Keeps Benefits Until 2030

Budapest's City Assembly voted to reduce the parking discount for electric and hydrogen vehicles to 50%, keeping the benefit in...

Business

Former Hungarian Ministers Seszták and Hankó Detained After Immunity Lifted

Opposition lawmakers and former ministers Miklós Seszták and Balázs Hankó were detained on Monday after Parliament suspended their immunity, according...

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,...

Budapest Castle District Voters Back Short-Term Rental Ban

Nearly 59% of participants in an online vote in Budapest’s District I supported a complete ban on short-term rentals, Castle...

What Might Dogs Reveal About Human Communication?

A Hungarian-led research team working out of the Department of Ethology at ELTE in Budapest is working to discover what...

Erste Real Estate Investment Fund Buys H2Offices

Skanska has agreed to sell the second phase of its H2Offices complex to Erste Open-Ended Real Estate Investment Fund, represented...

Hungary Retail Sales Rise 2.4% in August

Hungary’s retail sales volume increased 2.4% year on year in August but fell 0.7% from July, according to data from...

Hungarian EV Market Continues to Grow, Leading CEE

Electromobility in Hungary continues to grow. In the first half of the year, 7,497 new all-electric passenger cars were registered,...

GTA VI Preview Sends Hungarian Console Interest Surging

Clicks from Hungarian price comparison site Árukereső to online console retailers rose roughly sevenfold the day after the Aug. 27...

Aldi Cuts Selection and Prices, Shifts toward Stricter Discount Model

Aldi has reduced its food assortment from 2,600 to 2,100 products as part of a data‑driven cleaning process that keeps...

18,000 Truck Drivers Near Retirement, Hungary Faces Shortage

Europe currently has more than 500,000 unfilled truck‑driver positions, and another 600,000 drivers are expected to reach retirement age in...

Working for a Competitive Advantage – The Latest Issue of the BBJ

Róbert Keszte became president of the German-Hungarian Chamber of Industry and Commerce (DUIHK) in 2025. In an interview with the...

Hungary’s Industrial Producer Prices Rise 4.8% as Energy Export Prices Surge

Hungary’s industrial producer prices rose 4.8% year-on-year in August and 2.9% from July, with energy export prices climbing sharply amid...

Szentkirályi to Take Over Almdudler Distribution in Hungary From January.

Szentkirályi Magyarország is set to take over Hungarian distribution of popular Austrian herbal soft drink Almdudler on January 1, 2027....

Investors Becoming More Selective as Markets Rebound

Commercial real estate investment across the CEE-6 markets reached EUR 5.8 billion for H1 2026 compared with EUR 5.4 bln...

Budapest Cuts EV Parking Discounts but Keeps Benefits Until 2030

Budapest's City Assembly voted to reduce the parking discount for electric and hydrogen vehicles to 50%, keeping the benefit in...

Former Hungarian Ministers Seszták and Hankó Detained After Immunity Lifted

Opposition lawmakers and former ministers Miklós Seszták and Balázs Hankó were detained on Monday after Parliament suspended their immunity, according...