Business

Residential

5th Phase of Noise Protection Program Supported by Budapest Airport Commences

The largest noise protection program, launched by the For the Neighbors of Budapest Airport Foundation is continuing with the inclusion...

Interview

Gergő J. Budai: Creating a Super High Performing Team

The Budapest Business Journal sat down with Vantage Towers cluster managing director Gergő J. Budai to discuss his career path...

Automotive

BYD Signs Cooperation Deal With Vocational Training, Higher Education Institutions

BYD Auto Hungary, the local unit of Chinese EV maker BYD, which is building a plant in Szeged, signed a...

Retail

Cabinet Could Discuss Non-food Markups Cap Wednesday

The government could discuss a measure that would cap markups on a range of household products at specialized shops at...

HR

OTP Wins SAP Award as Digital HR Transformation Leader

OTP Bank’s strategic digital HR transformation has reached a new milestone with a rollout for all its international subsidiaries. The...

Automotive

AutoWallis Group Opens Its 1st Truck Sales Point and Repair Shop in the Czech Republic

The AutoWallis Group has opened its first Mercedes-Benz Trucks sales point and repair shop, bolstering its presence on the Czech...

Industrial

Industrial and Logistics Developments Increasingly Target Sustainability

Responding to environmental, social, and governance market demands and EU Taxonomy requirements, developers and park operators are building more highly...

HR

Pay Expectations Diverge: Employers Plan Modest Raises, Workers Hope for More

According to a comprehensive survey by Jobtain HR Services, a leading Hungarian HR solutions provider, there is a widening gap...

HR

Focus for Temporary Market Shifts From Expansion to Cost Efficiency Amid Economic Uncertainties

We take the pulse of the temporary staffing scene in Hungary with some of the leading market players. Are firms...

Retail

Hungarian Retailers Pressing for Phase-out of Markups Cap

Retailers' association OKSZ recommended the government phase out a cap on markups on a range of food products and argued...

Sustainability

Lightware Reinforces ESG Commitment with Participation in Girls in STEM Day

Lightware continues to strengthen its Environmental, Social, and Governance (ESG) initiatives by fostering diversity, inclusion, and community engagement within the...

Appointments

Promotions and New Partner Appointment at PortfoLion

Alongside several colleague promotions, PortfoLion Capital Partners, the venture and private equity fund manager belonging to the OTP Group, announced...

Innovation

HungaroControl Inaugurates HUF 8 bln Remote Tower Control System

State-owned air traffic controller HungaroControl inaugurated a HUF 8 billion remote tower control system on Tuesday, according to a report...

Transport

M6-A5 Motorway Link Completion Pushed to Late July

Although final work is underway, the long-awaited connection between Hungary's M6 motorway and Croatia's A5 will not be completed by...

Office Market

Gránit Asset Management Makes Bucharest Office Purchase

Gordiusz Private Equity Fund, managed by Hungary’s Gránit Asset Management, has purchased the first 21,000 sqm phase of the Equilibrium...

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...