Business

Transport

Taxi Drivers Hold Major Demonstration in Budapest

Taxi drivers demonstrated for more favorable taxation, greener and safer traffic conditions, job opportunities, and "an opportunity to make an...

Real Estate

Skanska Begins Construction of H2Offices Phase II

In a rare development that has started without pre-announced lettings, Skanska has undertaken construction of the second 22,000 sqm phase...

Telco

Vodafone, Digi Rebranded as One Hungary, Westend Store Renewed

One Hungary, part of the listed 4iG group and the new name for its Vodafone, Digi, Antenna Hungária and Invitech...

Science

BME, V-Híd Group Establish Educational, R&D Partnership

The Budapest University of Technology and Economics (BME) and infrastructure construction company V-Híd Group, have signed a collaboration agreement to...

HR

Magyar Posta in ‘Programmed’ Downsizing Amid Performance Decline

Magyar Posta is conducting a "programmed" downsizing, reportedly to circumvent formal mass layoff declarations, according to an article by hrportal.hu....

Residential

Duna House Commissions Revenue Climbs 24% in Q4 2024

Commissions revenue of Duna House's franchise network rose 24% year-on-year to HUF 4.5 billion in the fourth quarter, the listed...

Appointments

New CEO at One of the Oldest SAP Gold Partner Companies in Hungary

Starting from January 1, 2025, with the retirement of Péter Fárizs, Attila Molnár took over the leadership of Techwave Hungary...

Real Estate

Hungary’s Real Estate Players Anticipate Busier 2025

Real estate and related industry professionals are looking to 2025 for an uplift in the investment markets. Meanwhile, players will...

Sustainability

Alteo Aims to Become Regional Sustainability Leader by 2030

Alteo has outlined its 2025-2030 strategy, aiming to transform into a regional sustainability champion, according to the presentation published on...

Retail

Hungary’s Retail Sales Increase 4.1% in November

Hungary's retail sales volume grew by 4.1% in November 2024 compared to the same month last year, according to calendar-adjusted...

Industry

Hungary’s Industrial Production Falls by 4.2% in November

Industrial production in Hungary declined by 4.2% year-on-year in November 2024, according to unadjusted data released by the Central Statistical...

Residential

Home Prices Increase by 7.8% in 2024 – Ingatlan.com

Home prices in Hungary rose by approximately 7.8% in 2024, listings site ingatlan.com said on Thursday, according to a report...

Automotive

Most Hungarian Car Buyers Prefer Used Vehicles Over 6 Years Old

Two-thirds of those planning to buy a car in Hungary would rather purchase a used auto, with the average being...

Manufacturing

Hungary’s Industrial Producer Prices Rise 7.9% in November

Hungary’s industrial producer prices rose by 7.9% in November 2024 compared to the same month the previous year, according to...

Transport

Lázár Outlines 10-point Pledge to Improve Public Transport

Construction and Transportation Minister János Lázár outlined a ten-point pledge to improve public transport at a press conference on Wednesday,...

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...