Business

Innovation

NMHH: Majority of Young Hungarians Welcome Emergence of AI

The National Media and Communications Authority (NMHH) has carried out a study surveying the views of 13-16-year-olds on AI and...

Office Market

WTS Klient Opens Office in Debrecen

On April 1, 2025, WTS Klient opened its new office in Debrecen. The company significantly increased its market presence in...

Automotive

Hungary Hoping Defense Can Supercharge Automotive

With geopolitical tensions and rearmament in play, defense holds the promise of more business for automotive stakeholders. While demand for...

Industrial

Central and Eastern European Industrial Remains Attractive Despite Development Downturn

The Central and Eastern European markets are attractive development and investment options. Leading international industrial park developers and operators are...

Industrial

Some Signs of Cooling, but Sector Continues to Boom

The industrial and logistics sector continues to boom, with leading CEE regional industrial park developers and operators and Hungarian players...

Real Estate

Industrial Tenantsʼ Demands Becoming More Sophisticated

According to the tenant representatives and consultants, Newmark VLK Hungary, Hungary’s industrial and logistics market is increasingly driven by client...

Transport

Ferenc Liszt International Airport Closed Q1 With More Than 4 mln Passengers

Following the record-breaking year of 2024, passenger traffic at Ferenc Liszt International Airport has continued to increase steadily this year,...

Startups

ViennaUP 2025 Startup Festival Returns as a Global Innovation Magnet

ViennaUP, one of Europe’s largest and most diverse startup festivals, is set to return this year with a nine-day innovation...

Construction

Most Construction Companies Expect Tighter Margins in 2025

Approximately 52% of Hungarian construction companies expect their profit margins to narrow in 2025, a survey of 400 businesses conducted...

Automotive

Businesses Apply for Over HUF 30 bln of Subsidies to Buy EVs

Businesses have applied for more than HUF 30 billion of subsidies in a scheme to support purchases of EVs, the...

Automotive

AutoWallis Q1 Sales Climb on Acquisitions, Used Vehicle Segment Sees Strong Surge

Budapest Stock Exchange-listed AutoWallis Group started 2025 with solid gains in vehicle sales, driven largely by international acquisitions completed last...

Automotive

Used Electric Vehicle Prices Drop Sharply in Hungary, Tesla Model 3 Becomes Most Popular

The average price of used electric vehicles in Hungary has dropped by more than HUF 1 million compared to the...

Logistics

HelloParks to Deliver 2 New Warehouse Halls North and West of Budapest

HelloParks has commenced construction of two new sustainable industrial and logistics facilities in Fót and Páty (North and West of...

Transport

Skytrax: Ferenc Liszt Int’l Airport Named Best Airport in the Region for the 12th Time

Ferenc Liszt International Airport has been awarded the best airport in Eastern Europe by aviation research organization Skytrax for the...

HR

EU Pay Transparency Directive to Reshape Hiring and Compensation Practices in Hungary

Hungarian employers are preparing for sweeping changes as a new European Union directive on pay transparency takes effect, requiring companies...

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...