Business

Business

Hungarians Quick to Adopt Deposit-return System

Hungarians have readily embraced a deposit-return system (DRS) launched a year ago, the head of Mohu MOL, which has a...

Automotive

Hungary Strengthens Position as Automotive Hub in Europe

Hungary is solidifying its status as a key automotive hub in Europe, attracting significant investments and innovation projects from both...

Business

Szijjártó: U.S. Lifts Sanctions Related to Paks Nuclear Plant Upgrade

The United States administration has lifted the sanctions related to the upgrade of Hungary’s Paks nuclear power plant, Péter Szijjártó,...

Business

Waberer’s Q1 EBIT up 29.3%, Pre-tax Profit More Than Doubles

Waberer’s International Nyrt. has reported a marked improvement in its profitability indicators during the first quarter of 2025. According to...

Appointments

New International Partner Appointed at Baker McKenzie

As of July 1, 2025, Baker McKenzie has appointed Benedek Kovács, head of the Real Estate and Investment Projects practice...

Retail

Hungarian Online Shoppers Increasingly Want Time-specific Deliveries

As age increases, so does the importance of being able to choose delivery times for online orders among Hungarian consumers,...

Inside View

Balance and Timing in Taxation Key to Success in Automotive

The automotive industry is one of the cornerstones of the Hungarian economy; the technologies that will drive the future of...

Interview

Radical Reform the Prescription for Private Healthcare to Flourish

For Hungary’s private healthcare sector to really develop to the benefit of businesses, staff and patients, the type of reform...

Automotive

BYD Launches HUF 32 bln Expansion at Hungary Bus Plant

China's BYD laid the cornerstone of a HUF 32bn expansion at its electric bus manufacturing base in Komárom on Friday,...

Transport

Lightning Hits Wizz Air Flight, Forces Emergency Landing in Warsaw

A Wizz Air flight from Budapest to Stockholm was forced to make an unscheduled landing in Warsaw early Friday morning...

Interview

Air France-KLM Hungary Head Touts Premium Experience, Decarbonization Strategy

Jan Kropacek, country manager of Air France-KLM in Hungary, sees rising passenger numbers and an appetite for premium travel options...

Retail

Auchan Magyarország Launches Local Suppliers Program

Auchan Magyarország launched a local suppliers program in cooperation with Magyar Termék Nonprofit at its store in Debrecen on Thursday,...

Innovation

AmCham Digital Impact Day: Staying Ahead in the Age of Digitalization

The American Chamber of Commerce in Hungary hosted its first Digital Impact Day on May 28 at the Telekom Campus....

Automotive

AutoWallis and Partner to Become Joint Nissan Importers in Moldova as well as Romania

In addition to Romania, AutoWallis has now also obtained distribution rights for Nissan in Moldova together with its Portuguese partner,...

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...