Business

Deals

Prohuman Group Expands in Hungary With Acquisitions in the Outsourcing Market

Prohuman Group has acquired a 75% stake in facility management company Green Vector Kft. and a 100% stake in Protocall...

Science

Cells and the Art of Packaging

How does tidy storage lead to better medicine? Epigenetics is becoming an ever more important field of research, focusing not...

Science

4iG Space and Defence Signs MoU With Axiom Space

4iG Space and Defence Technologies has signed a MoU with U.S. peer Axiom Space on potential collaboration, parent company 4iG...

Real Estate

CEE Region Investment Volume on the Rise, CBRE Says

Investor appetite in the CEE region strengthened remarkably in the last months of last year, according to CBRE Hungary’s Market...

Deals

Diligent to Invest HUF 37 bln in R&D Base in Hungary

U.S.-based Diligent, a provider of governance, audit, and risk management solutions, will invest HUF 37 billion in establishing a research...

Manufacturing

Robert Bosch Power Tool Inaugurates HUF 54 bln Distribution Center in Hungary

Robert Bosch Power Tool inaugurated a new 54 billion regional logistics and distribution center in Miskolc in Northeastern Hungary on...

Real Estate

Domestic Players ‘Dominate’ Real Estate in 2024, Will International Money Follow in 2025?

Hungary saw real estate investments from domestic and international shareholders in 2024, with handovers in office, retail, and industrial fields....

Innovation

Hungary Launches HUF 5 bln Project to Boost Research and Innovation Ecosystem

Hungary has launched a HUF 5 billion initiative aimed at strengthening the country’s research, development, and innovation (RDI) ecosystem, according...

Office Market

ARM Processors Moves to Millennium Gardens, Securing Over 3,400 sqm Office Space 

ARM Processors, a global leader in semiconductor and computing solutions, has chosen Millennium Gardens as its new office in Budapest,...

Automotive

More Than 5,000 Businesses Apply for EV Subsidies

More than 5,000 businesses have submitted applications for subsidies in a scheme to support purchases of EVs, the Energy Ministry...

Automotive

Serial Production at BMW Plant Debrecen to Start in Autumn

Serial production at German car maker BMW's plant in Debrecen will start in the autumn, Minister of Foreign Affairs and...

Retail

Hungary E-commerce Market Reaches HUF 1.9 tln in 2024

Online sales in Hungary climbed to more than HUF 1.9 trillion last year, growing by nearly 15% year-on-year, news wire...

Science

AI Proving to be Both a Science and an Art

Recent news about the California wildfires must have contributed to what psychologists describe as climate anxiety, the sense of fear...

Appointments

New HR Director at Hungary’s Largest Fleet Management Company, Ayvens

Ayvens Hungary, the country’s largest fleet management and mobility service provider created by the merger of ALD Automotive and LeasePlan,...

Residential

Home Rental Rates in Hungary Climb 9.4% in January

Home rental rates in Hungary rose approximately 9.4% year-on-year in January, data compiled by the Central Statistical Office (KSH) from...

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...