Business

Interview

Affidea Offers a Clearer Image of Employee Health

Affidea Hungary’s COO, Emese Garamvölgyi-Veréb, speaks with the BBJ about the well-being services it offers companies, its nationwide footprint, its...

Manufacturing

Industrial Output Falls 2.6% in May Despite Auto Sector Growth

Hungary's industrial production declined by approximately 2.6% year-on-year in May, the Central Statistical Office (KSH) confirmed in a second reading...

Startups

Hungarian Software Firm Bobcats Coding Expands to U.S. After Strong Debut Year

Hungarian software development company Bobcats Coding is making the rare leap from a local startup to a global player, expanding...

Deals

4iG Space Unit Signs MoU With Kazakh Peer

4iG Space and Defence Technologies has signed a memorandum of understanding to identify potential collaboration in the field of space...

Interview

Philips Advocates Human-centric AI Integration to Enable Better Care for More

Better known for its consumer products, Philips is primarily a medtech firm with a strong presence in Hungary focused on...

Automotive

AutoWallis Sales Rise 3.4% in H1 Boosted by Acquisitions

First-half sales of listed car seller AutoWallis rose approximately 3.4% year-on-year to 26,314, lifted by acquisitions, a preliminary report published...

Science

Agreement on Establishing Space Industry Network Signed

A total of nine universities, two ministries and the HUN-REN Hungarian Research Network signed an agreement on Monday on the...

Business

Epta Opens Budapest Business Support Center

Epta, global refrigeration and food retail solutions group headquartered in Milan (Italy), officially opened its new Business Support Center in...

Construction

Hungary’s Construction Output Rises 3.6% in May, Boosted by Civil Engineering Projects

Hungary’s construction output grew by 3.6% year-on-year in May 2025, driven by a surge in civil engineering activity that offset...

Pharma

Hungaropharma: Key to Competitiveness is Professional Added Value, Service Experience

In 2024, Hungaropharma Zrt. closed one of the most successful years in its 75-year history. The anniversary was not only...

Construction

Mapei H1 Sales up 9.4%, Lifts Forecast on Home Start Optimism

Mapei Ltd. posted a 9.4% year-on-year increase in sales in the first half of 2025, prompting an upward revision of...

Residential

Home Start Price Threshold Raised for Detached Homes

The price threshold for Home Start credit scheme eligibility has been raised from HUF 100 million to HUF 150 mln...

Interview

Connectivity Key to Developing Budapest, Plus High-end Retail and Luxury Experiences

We asked leading hoteliers to share what they are most looking forward to, what the market needs to develop, their...

Interview

Fostering a Competitive, Stable, and Innovation-friendly Business Environment

Ákos Janza became president of AmCham Hungary late last year. In his first interview with the Budapest Business Journal, he...

Interview

Empowering Hospitality Professionals in a People-centric Culture

The Budapest Business Journal sat down with Serkan Hüsünbeyi, general manager of the Matild Palace, a Luxury Collection Hotel, Budapest,...

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...