Business

Construction

Hungary’s Construction Output Slips 3.4% in March, New Contracts Down Sharply

Hungary’s construction output volume declined by approximately 3.4% year-on-year in March 2025, according to data published today by the Central...

Telco

Magyar Telekom Board to Propose Tower Carve-out

Magyar Telekom's board has decided to propose to shareholders spinning off the company's passive mobile infrastructure, the telco announced on...

Manufacturing

Hungary’s Industrial Production Stagnates in March

Industrial production in Hungary stagnated in March compared to the same month of the previous year, according to the latest...

Residential

Home Rental Rates in Hungary Climb 7.6% y.o.y. in April

Home rental rates in Hungary rose 7.6% year-on-year in April, the month-on-month price increase also nearing 1%, data compiled by...

Appointments

Zoltán Gazsi Departs Eisberg After Nearly Two Decades

Zoltán Gazsi is stepping down from his role at Eisberg after nearly two decades. Gyula Pál, who has also been...

Retail

Most Shoppers Will Spend More for a Chance to Win, Survey Finds

Nearly all Hungarian shoppers are willing to spend more money if it increases their chances of winning a prize, according...

Business

Számlázz.hu Launches Portal to Support Businesses During E-Receipt and E-Cash Register Transition

With the e-cash register regulation taking effect from April 1, a new chapter has begun for tens of thousands of...

Science

Art as a Life-shaping Force: Inspiration in Leadership at ESSCA

The Budapest Campus of the French ESSCA School of Management International has held an event dedicated to showcasing how the...

Interview

Innovation Fires Journey From 29 sqm Flat to 7,000 sqm HQ

Gergely Vida, CEO of Hungarian audio-visual pioneer Lightware, sits down with the Budapest Business Journal to discuss what sets the...

Residential

Hungarians Rush to Renovate Amid Cost Fears: Cofidis Survey

Six out of 10 Hungarians believe now is the right time to begin home renovations, anticipating higher costs in the...

Automotive

Application Deadline for EV Charging Station Financing Extended

The deadline to apply for financing to install electric vehicle charging stations in a scheme launched in the fall has...

Industrial

HelloParks Starts Development of 88,000 sqm of Industrial Facilities

HelloParks has commenced construction of two industrial and logistics facilities in Fót and Páty, which will add over 88,000 sqm...

HR

How the Right Benefits Strategy can Transform the Employee Experience

With 4.7 million workers across 25 sectors and an ever-evolving set of expectations, reaching, motivating, and retaining employees has never...

Transport

Uber Green and Uber Comfort Services Launched in Budapest

Uber is expanding its range of services in Budapest with the launch of two new ride categories: Uber Green and...

Construction

Budapest Fuels Surge in Housing Permits Despite Nationwide Dip in New Construction

New housing construction in Hungary dipped slightly in the first quarter of 2025, but an uptick in building permits—driven primarily...

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...