Business

Office Market

IWG Adds 2 New Regus Offices in Budapest

International Workplace Group is opening two state-of-the-art flexible workspaces in Budapest. These locations are part of a drive by International...

Transport

7,000 Businesses Apply for Subsidies to Buy Electric Vehicles

Some 7,000 business have applied for subsidies in a HUF 30 billion scheme to support purchases of electric vehicles, the...

Residential

Home Sales in Hungary Could Reach 155,000 in 2025 – OTP

Home sales in Hungary could reach 155,000 in 2025, climbing from an estimated 130,000-135,000 in 2024, an analysis by the...

Residential

Young Buyers Retreat from Budapest Housing Market, Duna House Report Shows

The presence of younger generations on the Budapest real estate market has declined, with fewer purchases aimed at downsizing or...

Interview

CMS Leveraging Expertise and Size in Life Sciences and Commercial Groups

CMS Hungary’s life sciences team, which is ranked Band One by Chambers, is expanding despite market challenges, not least with...

Interview

Pace-setter Hungary Embracing Digitalization, but Could Make Taxes Simpler

András Módos, the head of tax and legal services at EY Hungary, talks to the Budapest Business Journal about Hungary’s...

Manufacturing

Hungary’s Industrial Output Drops 5% Year-on-Year in April

Hungary’s industrial production declined by 5% in April 2025 compared to the same month a year earlier, according to raw...

Retail

Retail Sales Show 5% Growth in April, Monthly Momentum Continues

Retail trade volume in Hungary rose by about 5% in April 2025 compared to the same month last year, when...

Manufacturing

Ganz Launches New EUR 52 mln Investment Program

Ganz Transformers and Electric Rotating Machines Ltd., one of Hungary’s oldest industrial companies, has unveiled an ambitious EUR 52 million...

Appointments

Peter Ahnesorg Appointed New Head of Roche Hungary’s Pharma Division

As of June 1, Peter Ahnesorg is the new head of Roche Hungary’s pharmaceuticals division, replacing Raffaella Claudia Bondi, who...

Business

Peter Ahnesorg Appointed New Head of Roche Hungary’s Pharma Division

As of June 1, Peter Ahnesorg is the new head of Roche Hungary’s pharmaceuticals division, replacing Raffaella Claudia Bondi, who...

Automotive

AutoWallis Secures CEE Distribution Rights to EV Brand NIO

The AutoWallis Group has secured exclusive distribution rights for the electric NIO brand in the highest potential EV markets of...

Transport

Magyar Posta Achieves HUF 5 bln Pre-tax Profit in 2024

State-owned postal company Magyar Posta had an approximately HUF 5.2 billion pre-tax profit in 2024, the company told Hungarian news...

Telco

4iG Posts HUF 4.2 bln Adjusted Q1 Profit, up 10.9% y.o.y.

Net sales revenue at listed IT company 4iG rose 10.9% to HUF 171.5 billion in the first quarter of the...

Transport

Government Decides on Airport Rail Link

At a press comference held today, National Economy Minister Márton Nagy announced a government decision to build a EUR 1...

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...