Business

Deals

4iG Acquires 31% of Rotors&Cams

Listed ICT company 4iG on Friday said it acquired a 31% stake in Rotors&Cams, thereby acquiring both majority ownership and...

Inside View

The Impact of Changing Audit Rules on Business Life

This year, several legislative changes affect the field of accounting and auditing. This article reviews the three most important....

Real Estate

Deals of the Year: Restrained Real Estate Activity in 2024

The Budapest Business Journal takes an in-depth look at the most significant deals concluded this year in the different sectors...

Retail

Aldi to Continue Expanding Its Network in Hungary

Aldi opened 10 new stores in Hungary this year, as in the previous years, and wants to continue expanding at...

Transport

Lufthansa Technik to Provide Exclusive Base Maintenance for Eurowings’ A320 Fleet

Lufthansa Technik has signed an agreement with Eurowings Technik to provide comprehensive base maintenance support for Eurowings’ Airbus A320 family...

Interview

Consumption, Tariffs, and a Weaker HUF Indicate Headwinds for 2025

We spoke with Zsolt Becsey, chief economist at UniCredit Bank Hungary, Attila Csáky, head of client risk management and treasury,...

Automotive

BYD to Open 3 Dealerships in Hungary

Chinese EV maker BYD on Thursday said it will add three dealerships to its sales and service network in Hungary,...

Real Estate

Wing Celebrates its 25th Anniversary

The Budapest-based Central and Eastern European developer Wing is celebrating its 25th anniversary. It says it has invested almost HUF...

Office Market

Conscious Planning Crucial in Festive Season Real Estate Management

Holiday season is a busy time not only for shopping malls, office buildings, logistics centers and the people who work...

Construction

Building Materials Market to Remain Tight in H1

Sales of building materials rose little in current prices in 2024 due to low demand, oversupply and intensive price competition...

Deals

2024 Saw Hungary’s Largest Business Deal to Date

Following a HUF 600 bln deal last year in which the state acquired an ownership stake in Vodafone Magyarország, 2024...

Transport

Air Traffic Set to Climb by 6% Ahead of Winter Holidays

According to preliminary estimates by air navigation service provider HungaroControl, traffic will be 6% higher in the two weeks before...

Construction

50% of Szép Card Rations Available for Renovation Next Year

From next year, half of the amount received on the Szép card can be spent on home renovation, building materials,...

Deals

MVM to Acquire Majority Stake in E.ON Energie Romania

State-owned Hungarian energy group MVM has agreed to acquire a majority stake in E.ON's retail and customer solutions business in...

Construction

Évosz: Construction Sector Output to Perform at 2023 Level

The construction industry is expected to perform at the level of 2023 again this year, so, at current prices, construction...

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...