Business

Construction

Gov’t to Launch HUF 200 bln Housing Development Scheme

Hungary’s National Economy Minister Márton Nagy announced on Monday the launch of a HUF 200 billion capital program in March...

Automotive

AutoWallis Expands Czech Footprint with Historic Acquisition

AutoWallis Group’s latest move for the Czech-based Milan Král Group will, should it be approved, mark the largest acquisition in...

Automotive

Avg Compulsory Vehicle Insurance Premium Close to HUF 58,000

Hungarian car owners paid almost HUF 58,000, on average, for their annual compulsory vehicle insurance premiums in the third quarter,...

Logistics

Another HelloParks Fót Megapark Facility Hits Full Occupancy

HelloParks has closed its recent leasing transactions, reaching full occupancy in its fourth warehouse facility. Over the summer and fall,...

Automotive

Construction of BMW Plant in Hungary ‘in Full Swing’

The construction of the BMW plant in Debrecen is "in full swing" and related plans are unchanged, the head of...

Retail

Retail Sales Rise 3.6% y.o.y. in October

Retail sales in Hungary rose 3.6% year-on-year in October, adjusted for calendar year effects, according to data released by the...

Real Estate

Positive Indicators for the Industrial and Logistics Sector in Hungary

Analysts see industrial real estate as going through a market upturn with both leading regional park developers and operators and...

Real Estate

CEE Investment Volumes Showing Signs of Recovery

Investment volumes for the Central and Eastern European region (Bulgaria, the Czech Republic, Hungary, Poland, Romania and Slovakia) hit EUR...

Analysis, Inside View

Factoring in Hungary: A Liquidity Solution and Regulatory Challenge

Factoring has emerged as an essential financial solution for businesses in Hungary, offering a fast and flexible way to maintain...

Pharma

Richter Signs Partnership Deal on Pharma Innovation Networks

Hungary's Gedeon Richter signed a partnership agreement on pharmaceutical innovation networks in Budapest on Friday, according to a report by...

Interview

Customers Remain Penny’s Focus

Mathias Mentrop, managing director and CEO of Penny Hungary, sits down with the Budapest Business Journal to discuss the year...

Science

Why is the Young Mind More Agile?

The nervous systems of older people function more slowly and less efficiently in many ways; they react more slowly, make...

Interview

Top 50 Financial Executives in Hungary: György Éder

György Éder, CEO of OTP Fund Management, brings nearly 30 years of expertise in money and capital markets, portfolio management,...

HR

Number of Jobseekers Falls Slightly in November

The number of jobseekers in Hungary stood at 224,914 in November, 1,200 fewer than in the same month a year...

Telco

4iG Turnover Climbs Over 20% in Q1-Q3

Consolidated revenue of 4iG rose 20.5% year-on-year to HUF 507.8 billion in Q1-Q3,the listed ICT company said in a press...

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...