Business

Innovation

Official: More Than 1 mln People Download Digital Citizenship App

More than one million people have downloaded the Digital Citizenship app, a government official said on Tuesday, according to a...

Residential

Hungarian Real Estate Prices Rise Fastest in European Union

The European Parliament shared shocking data about the rise of real estate prices in Hungary and the EU. According to...

Automotive

Fuel Prices Competitive Compared to Neighboring Countries – Ministry

Prices at the pump in Hungary were competitive compared to those in neighboring countries in the month of December, data...

HR

Hungary’s Unemployment Rises to 4.5% in November 2024

Hungary’s labor market saw a decline in employment and a slight rise in unemployment in November 2024, according to data...

Automotive

New Car Registrations in Hungary Climb Close to 13% in 2024

The number of new passenger car registrations in Hungary rose 12.9% to 121,607 in 2024, the Hungarian Association of Vehicle...

Retail

Aldi Magyarország Rolls out 8% Pay Rise

Aldi Magyarország is raising store and warehouse staff pay by 8% from January 1, the German-owned discount chain said on...

Automotive

Suzuki Clinches Top Spot in Hungary’s Passenger Car Market in 2024

Suzuki came out on top in Hungary’s new passenger car segment in 2024, achieving a 12.94% market share with 15,732...

Automotive

Around 4,600 Companies Apply for EV Subsidies in Hungary

Approximately 4,600 businesses have submitted applications for subsidies in a scheme to support purchases of EVs, Hungary's Energy Ministry said...

Business

Former AmCham Hungary President Huebner Passes Away at 90

Charles Huebner, former president of the American Chamber of Commerce in Hungary (AmCham) from 1997 to 1999, passed away on...

Deals

Budapest Buys out E.ON Stake in Public Lighting Company

Budapest's public works company has bought out E.ON's 50% stake in the city's public lighting company for HUF 4.2 bln,...

Innovation

NKFI Launches Proof of Concept Grant to Commercialize University Research

The National Research, Development, and Innovation Office (NKFI) has announced its latest Proof of Concept (PoC) grant, designed to bridge...

Residential

Average Home Prices Climb 13% in 2024 – Duna House

Homes in Hungary sold for an average HUF 45.2 million in 2024, up approximately 13% from a year earlier, data...

Transport

Lufthansa Technik Budapest to Overhaul Norwegian Aircraft Fleet

Lufthansa Technik and Nordic airline Norwegian have a business relationship that goes back 17 years, and the aircraft maintenance firm...

Real Estate

Demand and Sales to Pick up in 2025 on Real Estate Market – Duna House

After 2024's reversal of trends, Duna House expects a strengthening real estate market in terms of transaction numbers and prices,...

Pharma

Novartis Raises Awareness of Cholesterol Risks and Cardiovascular Health

Cardiovascular diseases are the leading cause of death in Hungary, yet public awareness remains low about the underlying risks and...

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...