Business

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

Role Models and Good Practices: BCSDH Driving Systemic Change

The Hungarian Business Council for Sustainable Development launched the 2025 application period for its “For a Sustainable Future” Award at...

Science

Hungarian Astronaut Kapu Checks in From Space

Hungarian astronaut Tibor Kapu spoke to Hungarians from on board the Axiom Mission 4’s SpaceX Crew Dragon spacecraft on Thursday.In...

Residential

Bargaining Power Dwindles in Market, Duna House Reports

The scope for negotiation in Hungary's real estate market has continued to shrink considerably in recent years, according to the...

Science

Hungarian Astronaut Leaves for International Space Station

Hungarian Astronaut Tibor Kapu, as one of a crew of four, has left the Kennedy Space Center in Florida for...

Business

Hungary to Triple Rainwater Retention for Irrigation by 2026

Hungary is on track to increase its annual rainwater retention capacity from the current 200 million cubic meters to 1.5...

Business

Majority of Young Hungarians Open to Working Abroad, Survey Finds

Approximately 70% of Hungarian workers between 18 and 29 years old would consider taking a job abroad, according to a...

Deals

MOL Signs Agreement to Acquire Uni Operator for HUF 50 bln

MOL signed an agreement on Monday on the purchase of 100% of the operator of the Budapest University of Technology...

Retail

Diego Reopens Largest Shop-in-Shop Store in Zugló

Home décor and flooring retailer Diego has reopened its largest shop-in-shop location inside the Tesco hypermarket in Budapest’s Zugló district,...

Logistics

Panattoni City Dock Törökbálint Reaches Full Occupancy

The Panattoni City Dock Törökbálint logistics park has reached full occupancy. All 17,000+ square meters across four state-of-the-art warehouse units...

Retail

Large Stores Mandated to Have Till Operated by Cashier

The parliament has adopted legislation making it mandatory in retail stores larger than 400 sqms to have at least one...

Residential

Cordia Unveils Landmark Residential Project Adjacent to Corvin Promenade

Cordia has launched a new residential project as a continuation of Corvin Promenade. The move comes amid surging demand for...

Logistics

Trans-Pack Expands at Prologis Park Budapest-Sziget

Trans-Pack Logisztika Kft. has expanded its leased space at Prologis Park Budapest-Sziget by 3,780 sqm, adding to its existing 15,000...

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...