Business

Telco

Acquisitions Impact Puts 4iG in the Red

4iG booked a first-half loss of HUF 1.1 billion as the impact of acquisitions weighed, the company said in an...

Pharma

Richter to Market USYMRO Biosimilar Following EC Approval

Hungarian pharmaceutical company Gedeon Richter has received marketing authorization from the EC for BAT2206 (ustekinumab), a biosimilar referencing Stelara, developed...

Retail

JYSK Opens 101st Hungarian Store in Körmend, Marks 20 Years in the Country

Danish retail chain JYSK has opened its 101st store in Hungary, continuing its expansion strategy with a new 1,000 sqm...

Residential

Prices of Homes Eligible for Home Start Credit Edge Lower

Prices of homes eligible for the subsidised Home Start credit scheme have slipped 1%, on average, since the program was...

Transport

BKK Seeks Public Input on Overhaul of Night Transport

The Budapest Transport Center (BKK) is inviting residents to share their views on the planned overhaul of night-time public transport,...

Deals

Wizz Air Becomes Main Sponsor of Hungarian National Soccer Team

Wizz Air, Hungary’s de facto national airline, has signed on as the main sponsor of the Hungarian men’s national soccer...

Telco

Yettel Holds Lead as Hungary’s Fastest Mobile Network

Yettel has once again been recognized as Hungary's fastest mobile network, according to Ookla Speedtest Intelligence and szelessav.net nationwide measurements,...

Interview

From Chatbots to Virtual Bankers: How AI Is Reshaping Hungarian Finance

Did you know you can now apply for a mortgage in Hungary without ever speaking to a real person? That’s...

Residential

Hungary’s Housing Market Sees Sluggish Start After Record Year

Hungary's housing market, which posted one of Europe's strongest rebounds in 2024, saw only marginal growth in the first quarter...

Residential

Duna House Profit Doubles in Second Quarter to HUF 1.3 bln

Second-quarter net profit of listed real estate broker Duna House climbed 102% year-on-year to HUF 1.3 billion, an earnings report...

Deals

Waberer’s and MVM Sign 3-Year Strategic Partnership

Waberer’s Logistics Division and MVM Group have signed a three-year strategic partnership to develop a unified, efficient and high-quality logistics...

Innovation

Gov’t Unveils HUF 13 bln Business Innovation Scheme

Culture and Innovation Minister Balázs Hankó and Energy Minister Csaba Lantos announced a HUF 13 bln subsidy scheme to support...

Deals

Wing Selling Half of Resi4Rent Portfolio

Hungarian real estate developer Wing, through its majority-owned Polish subsidiary Echo Investment, has signed a record HUF 223 billion deal...

Deals

MET Group Enters Belgian, Dutch Markets, Acquires Majority Stake in Energy Retailer Mega

MET Group has received all required approvals from the relevant authorities and has now completed the acquisition of a 68.5%...

Telco

Telekom Campus Reaches Full Occupancy

Starting from September 2025, an insurance company will occupy approximately 1,000 sqm of office space in the Telekom Campus, developed...

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...

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...

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...

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...

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...