Business

HR

Why None are Happy in Hungary’s ‘Pessimistic’ Labor Market

Hungary’s Ministry for National Economy has not had many opportunities to celebrate recently, and April 11 was certainly not one...

Automotive

Autowallis to Use Last Year’s Profits to Support Implementation of Growth Strategy

Shareholders at AutoWallis’s GM approved the company’s 2024 annual accounts, which includes AutoWallis’s 4th Sustainability Report in compliance with the...

HR

Hungary Employment Rises to 4.7 mln in March, Unemployment Rate Drops to 4.3%

Hungary’s labor market continued to show resilience in March, with the number of employed people reaching 4.701 million, according to...

Innovation

Sector Leaders Address Structural Barriers at 4th Budapest Hydrogen Summit

High-level representatives from 90 companies and 19 countries came together to evaluate the sector’s development status in Europe, and particularly...

HR

HR Fest Debates Regional Workplace Issues

One of the most popular HR events in Hungary has made a stop at Pécs, focusing on the challenges of...

Fintech

Hungary’s Fintech Sector Embraces Embedded Payment Technologies While Honoring Journalistic Excellence

A professional fintech press event held at Budapest’s Create 26 venue brought together key figures from Hungary’s financial technology and...

Business

A Standout Workplace Benefit Built on Diversity

Workplace wellness programs have long been linked to improved productivity, lower employee turnover, and higher engagement. Yet despite broad awareness,...

Startups

Vienna Back in the Saddle With Major European Startup Festival

Between May 8-16, Vienna will once again become a stage for the boldest ideas in innovation, entrepreneurship, and creativity, thanks...

Science

4iG Space Unit Signs MoU With Azercosmos

Hungary's 4iG Space and Defence Technologies signed a memorandum of understanding with Azerbaijan's state space agency Azercosmos to identify potential...

HR

Mixed Messages Mark the Q2 Recruitment Story

As we enter Q2 2025, what is the mood of the recruitment market in Hungary? Which roles are most challenging...

HR

MBH Bank Says it is Building a Workplace for Every Generation

MBH Bank earned Top Employer recognition for the third consecutive year thanks to its inclusive culture, wide-ranging support programs, and...

HR

MÁV Remains Largest Employer in Hungary as BMW Expands

Among companies reporting monthly headcount data, Hungarian State Railways (MÁV) remains Hungary's largest employer, with nearly 50,000 people across its...

HR

New Employment Regulations Impede Recruitment of Foreign Nationals

It’s been a quieter, more complicated start to the year than usual for Stuart McAlister, managing director and founding owner...

Residential

Non-EU Nationals’ Property Market Presence Returns to Pre-pandemic Levels

The presence of property buyers in Hungary from outside of the European Union has recovered to pre-pandemic levels, broker Duna...

Transport

LTB Closes Biggest Order and Takes Off for the Future

A remarkable COVID-era story has finally concluded with a plane taking off from Hungary four-and-a-half years after it was parked...

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...