Business

Retail

Gulyás: Gov’t Extends Markups Cap on Food Products Till Aug 31

The government has decided to extend a mandatory cap on markups for a range of food products until the end...

Innovation

Generative AI and Business: Massive Potential, Many Pitfalls

In a joint presentation to the British Chamber of Commerce, Andrea Belényi and Endre Várady, partners at law firm VJT...

Innovation

Bay Voucher Helps Bridge gap Between Idea and Market Launch

In the current challenging economic environment, R&D-based SMEs require significantly more financing resources. The Bay Voucher Program aims to be...

Appointments

Róbert Keszte Elected DUIHK President

At their annual general meeting, the members of DUIHK (German-Hungarian Chamber of Industry and Commerce) elected Róbert Keszte, head of...

Business

East Meets West: Hungary’s Strategic Role in Bridging Global FDI

Hungary’s role as a bridge between continents was the focal point of the “East Meets West” conference held on May...

Transport

HungaroControl Gears up for Record Summer Travel

State-owned HungaroControl has undertaken a number of steps to boost capacity and efficiency in anticipation of another record summer for...

Appointments

Péter Csaplovics Appointed New Sales Director at Danone Hungary

As of May 2025, Péter Csaplovics has taken over the position of sales director at Danone Hungary, the company tells...

Automotive

BYD Strengthens Position on Hungarian EV Market

China's BYD sold 558 electric passenger cars in Hungary in January-April, more than double the number in the same period...

Telco

Cetin Hungary Marks 5 Years with Major Network and AI Upgrade

Mobile telecommunications infrastructure provider Cetin Hungary is marking its fifth anniversary this summer by completing a nationwide modernization project worth...

Construction

M1 Motorway Expansion Set to Begin in September

The expansion of Hungary's M1 motorway, which connects Budapest to the Austrian border, will commence on Sep. 1, according to...

Office Market

Limited Supply and Upward Pressure on Office Rents Across CEE Region

A low development pipeline in combination with limited supply, leading to a scarcity of offices that meet tenant and ESG...

HR

Hungary’s Employment Rate Dips Slightly in April, Jobless Total Reaches 215,000

Hungary's labor market saw a slight decline in employment this spring, with 4.666 million people aged 15–74 employed in April...

Residential

MNB: Shift From Government Bonds Fuels Q1 Home Market Surge

Household savings redirected from retail government securities significantly boosted Hungary's home market in the first quarter, the National Bank of...

Appointments

WTS Klient Launches New Business Line

In May 2025, WTS Klient Hungary launched a new business line dedicated to advising clients in accessing state aid possibilities...

Startups

From Vienna to the World: ViennaUP 2025 Takes the Region by Storm

Some 15,000 participants from 95 countries turned the Austrian capital into a buzzing global startup hub once again this year,...

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...