Business

Manufacturing

Hungary’s Industrial Output Drops 4.9% in June Year-Over-Year

Hungarian industrial production declined by 4.9% in June 2025 compared to the same month last year, according to data released...

Retail

Hungary’s Retail Sales Rise 3% Year Over Year in June

Hungarian retail sales grew by 3% in June 2025 compared to the same month last year, according to both raw...

Pharma

Richter Revenue, Operating Profit Climb

First-half revenue and operating profit of Hungarian pharmaceutical company Gedeon Richter rose from the same period a year earlier, but...

Transport

Wizz Air Passenger Numbers up 6.8% in July, Load Factor Dips

Wizz Air carried 6.35 million passengers in July 2025, marking a 6.8% year-on-yeary increase, the discount airline said in a...

Residential

These Locations and Property Types Could Be the Winners of the Home Start Program

As the launch of Hungary’s subsidized Home Start home loan program approaches in September, interest is surging on the demand...

Interview

Market Fundamentals Holding Back Entries by Major Luxury Fashion Brands

Anita Csörgő, director, head of retail at Colliers, gives the BBJ her overview of the retail real estate market in...

Deals

MOL Signs Oil Trade Agreement With KazMunayGas

Hungary's MOL on Monday said it signed an oil trade agreement with Kazakhstan's national oil company, KazMunayGas (KMG), according to...

Science

Hankó Touts Surge in University Rankings, Research, Enrollment

Minister of Culture and Innovation Balázs Hankó praised the transformation of Hungary's higher education system during a panel discussion at...

Real Estate

Hungarian Insurers Adopting Fast-Track Property Assessment

While still navigating legacy infrastructure and organizational habits, Hungarian insurers are accelerating the adoption of digital tools to streamline property...

Construction

Housing Completions Down, Permits Surge in Hungary in First Half of 2025

Despite a sharp drop in newly completed homes, the first half of 2025 saw a significant uptick in housing permits...

Retail

Retailers Hit by Special Taxes, Price Caps, Waning Purchasing Power

With a faltering economy resulting in January-May retail sales increasing by just 2.1% year-on-year, the outlook for the sector would...

Automotive

Used Tesla Model 3 Tops EV Market as Prices Drop 17% in H1

Hungary's used electric vehicle market saw a sharp price decline in the first half of 2025, with Tesla leading the...

Transport

Waberer’s and Budapest Airport Partner to Boost Domestic Air Cargo Development

Waberer’s International Nyrt. and Budapest Airport Zrt. have signed a memorandum of understanding (MoU) aimed at driving dynamic growth in...

Real Estate

Dynamic Growth Continues in CEE Regional Hotel Market

The CEE hotel market is undergoing dynamic growth driven by a rebound in domestic demand and the return of int'l...

Manufacturing

Hungary’s Industrial Producer Prices Dip in June but Remain Above Year-Ago Levels

Industrial producer prices in Hungary fell slightly in June from the previous month but remained higher than a year earlier,...

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...