Business

Automotive

Petrányi Group Expands Services at Ferenc Liszt Int’l With U-Save Car Rental Launch

The Petrányi Group and Green Motion Hungary Zrt. have announced a dual expansion move at Budapest’s Ferenc Liszt International Airport....

Automotive

Bridgestone Tatabánya on Top With Resilience and Innovation 

Bridgestone Tatabánya concluded 2024 as a testament to resilience and strategic foresight in a difficult industry landscape with plenty of...

Office Market

Graphisoft Park Earnings Edge Slightly Higher in 2024

After-tax profit of Graphisoft Park, which owns and operates a business park in the north of Budapest, rose 1% to...

People

Top 50 Business Services Executives: Byung Kim

Byung Kim, lead country manager and lead controller at ExxonMobil Hungary, secured his place among Hungary’s Top 50 Business Services...

Tech

Hungarian Participants Score 47% in IT Fitness Test 2024

The IT Fitness Test 2024 assessed digital skills across Central Europe, revealing that Hungarian participants achieved an average score of...

Podcasts

Market Outlook, Trump Tariffs, and Hungary’s Economy Path – CEO Boardroom Insights

This podcast, featuring a variety of today's hottest economic topics is a recording of a roundtable discussion at our latest...

Transport

Hungary Plans Major Highway Code Overhaul – Here Are The Key Changes Ahead

Hungary is considering significant changes to its Highway Code, or Kresz, with proposed updates covering everything from speed limits and...

Construction

No Rebound in Hungary’s Housing Construction Sector

Hungary’s housing construction sector showed no signs of recovery in 2024, with the number of new homes built and construction...

People

Top 50 Business Services Executives: Zoltán Czuprik

Zoltán Czuprik, serving as senior director of GBS Shared Services Global Customer Care and site lead at Thermo Fisher Scientific...

Retail

Probe Establishes Spar Compliance With Commitments

Hungary's Competition Office (GVH) on Wednesday said a follow-up probe showed that Spar Magyarország had complied with commitments to expand...

People

Top 50 Business Services Executives: Elżbieta Golab

Elżbieta Golab, Tesco Business Solutions director for Central Europe, stands out among Hungary’s Top 50 Business Services Executives. With nearly...

Science

Hungary Leading Europe in Cancer-related Deaths

Hungary continues to lead Europe in cancer-related deaths, with mortality rates approximately 32% above the EU average, according to a...

Real Estate

EU Taxonomy Becomes Basic Requirement

This year, companies will begin fully aligning with the EU Taxonomy, which aims to determine if an economic activity is...

Manufacturing

Electronic Manufacturing in Hungary: Stakeholders Stand Their Ground Despite Harsh Conditions

Intensifying competition from the East, labor cost pressures, and a rapidly changing supply chain picture are just a few of...

People

Top 50 Business Services Executives: Ferenc Dákai

Since taking the helm at Leadec Kft., Ferenc Dákai has overseen remarkable growth, doubling sales and expanding the company’s workforce,...

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...