Business

Sustainability

Increasing Emphasis on Quality of Office Interiors

Reflecting increasing concerns regarding the interiors of office buildings and the perceived need to positively impact the well-being of their...

Deals

Eneos to Buy MOL’s 49% Stake in Eneos MOL Synthetic Rubber

Hungarian oil and gas company MOL and Japan's Eneos Materials Corporation signed a sale and purchase agreement on Friday under...

Residential

Discovering Prime Real Estate Investment Opportunities in Budapest

Budapest's real estate market is experiencing a renaissance, attracting investors worldwide with its blend of historical charm and modern development....

Manufacturing

Downturn in EV Sector a Temporary Setback, Industry Experts Insist

Some 40 speakers and panelists attracted a full house of attendees at the Hungexpo Congress Center for the fourth Hungarian...

Industrial

Weerts Logistics Park Hands Over Vecsés Industrial Hall

The Belgian-owned Weerts Logistics Park (WLP) has handed over its latest 40,000 sqm industrial hall, a built-to-suit project for Canada’s...

Retail

Black Friday not Expected to Make Huge Waves in 2024

In 2023, the first full year after COVID, researchers and retailers were expecting weak sales on Black Friday. Inflation was...

Automotive

AutoWallis Expands in Budapest With its 1st Renault & Dacia Dealership in the Capital

AutoWallis Group has made a notable move to expand its influence in Budapest’s automotive market by opening its first dealership...

Telco

Why Budapest is key to Accomplishing ExxonMobil’s Global Goals

ExxonMobil is banking heavily on upskilling and staff well-being to stay ahead. It also has a clear vision for making...

HR

How Can Companies Achieve True Well-Being?

What does it mean to thrive at both individual and corporate levels? How can companies influence not just profits but...

Innovation

HU-rizon Program of the Hungarian Government Shows Great Success

The HU-rizon Program was launched by the National Research, Development and Innovation Office in May. The initiative was very popular...

Fintech

Chinese-Hungarian Collaboration to Connect Eastern, Western Digital Payment Systems

Two major digital payment technology providers, Macau Pass Group Holdings Limited of Macau and Hungary’s Cardnet Group, announced their strategic...

Science

Leading Cardiologists Get to the Heart of the Matter at Novartis Conference at Semmelweis Uni

Novartis Hungary recently hosted a major conference at Semmelweis University for leading cardiologists and pharmaceutical experts from several EU countries,...

Real Estate

Westend Shopping Center Celebrates 25th Anniversary

Known as the largest modern shopping center in Central Europe when it opened, the Westend Shopping Center has reached its...

Manufacturing

Aeroplex Launches Aircraft Repair Facility Near Budapest

Aeroplex inaugurated a HUF 2 billion component repair facility near Budapest Liszt Ferenc International Airport on Friday, according to a...

Deals

Employers, Unions and Gov’t Sign Minimum Wage Deal

Representatives of employers, unions and the government signed an agreement on minimum wage increases over the next three years on...

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...