Business

HR

Hungary’s Unemployment Rate Eases to 4.5% in February, Employment Holds Steady

Hungary’s labor market remained stable in February, with 4.68 million people employed and the unemployment rate dipping slightly to 4.5%,...

Transport

Ryanair Expands Flights, Tempts Gov’t With Promise of 80% Capacity Increase

The Irish budget carrier is adding new routes for Budapest in its summer schedules and has dangled the prize of...

Transport

Transport Minister Signs Intercity Bus Concession Contract with Volánbusz

Volánbusz, a unit of the state-owned MÁV group, will continue to provide intercity bus public transport services in Hungary in...

Podcasts

Navigating Global Banking and Leadership – CBI Podcast

The latest Corvinus Business Intelligence Podcast, “Navigating Global Banking and Leadership” is now available online, featuring Veronika Špaňárová, managing director...

Real Estate

CTP Signs Built-to-suit Lease With Manufacturer Zoomlion

CTP has signed a 10-year built-to-suit lease agreement with Chinese manufacturer Zoomlion to relocate its operations to CTPark Tatabánya. Through...

Science

Health Authority Warns of Marked Increase in Hepatitis A Cases

The number of patients suspected of having contracted hepatitis A was seven times as high in the first 2 months...

Fintech

Bank Workflow Automation on the Brink of a Revolution, Says Hungary’s Intuitech

A Hungarian AI company is building “virtual agents” that help financial services companies transform into AI-first entities by automating complex...

Automotive

BYD Most Popular Brand Among Applicants for EV Subsidies

China's BYD is the most popular brand among applicants in a government program to support businesses' purchases of electric vehicles,...

HR

Airport Workers Initiate Labor Dispute Over 2025 Wages and Conditions

Trade unions representing employees at Budapest Airport have launched a collective labor dispute with the BUD Group employers (BA Zrt.,...

Podcasts

Driving Innovation and Career Growth in Banking

The latest Corvinus Business Intelligence Podcast, entitled “Driving Innovation and Career Growth in Banking” is now available online....

Sustainability

Zwack Unicum Joins National Tree Planting Day Initiative

As part of its commitment to sustainability, Zwack Unicum Nyrt. joined the inaugural National Tree Planting Day as an official...

Deals

Talks on Contractual Details of Rákosrendező Deal Concluded

Talks between the nat'l asset manager and Budapest's public utilities company on contractual issues governing the purchase of the Rákosrendező...

Business

MBH Bank Balance Sheet Grows

MBH Bank's balance sheet expanded significantly last year, while its financial results were outstanding, the company's deputy-CEO Péter Krizsanovich said...

Automotive

Rába Profit Falls to HUF 43 mln on Financial Losses in 2024

Hungarian automotive company Rába reported an after-tax profit of HUF 43 million in 2024, down sharply from HUF 1.2 billion...

HR

Half of Hungarian Companies Plan to Expand Workforce in 2025

Hungarian employers remain optimistic about their business outlook for 2025, with nearly half planning to expand their workforce 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...