Business

Science

Hungarians Struggle with Sleep Quality, Jysk Study Finds

Hungarians face significant challenges regarding sleep quality, with a large portion of the population struggling to get sufficient rest or...

Startups

Carbon Footprint Reduction Startup Goes Global, Backed by STRT Portfolio

A Hungarian startup specializing in reducing the carbon footprint of digital marketing activities, including websites and email campaigns, has secured...

Retail

Hungarian E-commerce Association Backs EC Proposals

The Ecommerce Hungary Association has voiced members' support for proposals by the EC to ensure safe and sustainable e-commerce imports...

Automotive

BYD Szeged to Employ 10,000 Workers, 20% Engineers

BYD's new electric vehicle plant in Szeged plans to hire 10,000 employees, with 20% of positions designated for engineers, Mayor...

Business, Real Estate

ESG Increasingly All-embracing in Business Sphere

ESG can be seen as a set of standards that measure the impact of a business on society and the...

Retail

Retail Sales See Modest Growth in December, but Monthly Decline Reflects Seasonal Trends

Retail sales showed slight year-on-year growth in December 2024, but saw a month-on-month decline, reflecting early holiday shopping and rising...

Transport

Official: Hungarian-Romanian Border Road Upgrades to Start ‘Within Weeks’

The upgrade of roads in the Hungary-Romania border area is scheduled to start "within weeks", involving 20 road sections, a...

Industrial

The Future of Domestic Factories: Companies Compete for Employees With Their Facilities

Nearly 2/3 of employees are dissatisfied with the condition of their workplace, according to a representative study conducted by Frame...

Residential

Renovated Studio Apartments in Hungary Fetch Double the Price

Renovated homes in Hungary are significantly more expensive than their unrenovated counterparts, with house prices averaging 44% higher and apartment...

Transport

Lázár: M1 Motorway to Be Widened Between Budapest and Győr

The M1 motorway will be widened to six lanes between the capital and Győr, Construction and Transportation Minister János Lázár...

Retail

Pepco Group Revenue Rises by 1.4% Year-on-year in Q4

Pepco Group has reported stable financial results for the final quarter of 2024, with the Pepco brand achieving a 1.4%...

Retail

GTC and Numa Group Launch in Hungary With 1st Location in the Heart of Budapest

Numa Group, Europe’s leading digital hospitality platform, has announced its launch in Hungary with a flagship property in central Budapest...

Residential

Housing Market Sees Increased Demand Amid Shrinking Supply

The housing market experienced an 8% year-on-year rise in demand in January, while the supply fell by over 10%, leaving...

Real Estate

Hybrid Working Set to Dominate Office Market in 2025

This year will be transformative for the world of work as technological advancements continue to shape how businesses of all...

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...