Business

Manufacturing

DS Smith Announced EUR 34 mln Investment in Hungary

DS Smith, a global leader in sustainable fiber-based packaging solutions, is expanding its innovation footprint in Hungary with a EUR...

Office Market

Honvéd Center Office Buildings Sold to Professional German Investor

Wing has signed an agreement for the sale of the Honvéd Center office buildings in the Central Business District of...

Automotive

New Hungarian Electric Bus Receives Type Approval and License Plates

The new Hungarian-made Ganz-SOR EBN8 electric midibus has received type approval and license plates, marking a significant milestone for the...

Office Market

Wing’s Latest Hotel Gets Special Prize from Hotel and Restaurant Assoc

The ibis & Tribe Budapest Stadium dual-branded hotel, developed by Wing and part of the Liberty complex, has been awarded...

Telco

4iG Launches HuSat Satellite Program

Listed ICT company 4iG yesterday announced the launch of its HuSat satellite program, the largest to be privately funded in...

Residential

MNB: Home Market Demand ‘Lively’

Demand in the Hungarian home market is "lively" and could increase further in 2025, although home purchases for investment will...

Podcasts

Global, Local Economic Trends Under Spotlight at BBJ Roundtable

The top CEOs, diplomats and decision-makers of Hungary joined the Budapest Business Journal for our latest CEO Boardroom Meeting in...

Automotive

Used Car Sales up 12% in October – JoAutok.hu

Used car sales in Hungary rose close to 12% year-on-year to 81,100 in October, listings site JoAutok.hu said on Thursday,...

Fintech

Hungarian Firms Embracing Fintech for Cross-border Transactions

Hungarian businesses are increasingly adopting fintech solutions to manage cross-border transactions and hedge against currency fluctuations, according to hrportal.hu....

Automotive

CATL Plant in Hungary Set to Start Production in 2025

A battery plant being built by China’s CATL in Debrecen, eastern Hungary, will begin production in 2025, the company’s general...

Telco

Jane Goodall Institute Wins HUF 16 mln in MTel Tender

This fall, Magyar Telekom and Hello Nonprofit launched a call for proposals from Hungarian non-profit organizations focusing on reducing e-waste...

Fintech

Akcenta’s New Digital Solutions Promise Profits for Customers

Since the COVID-19 pandemic, demand for digital services has surged, and many companies see digitalization as a straightforward way to...

People

Katalin Grósz, János Vajda Awarded by Hungarian Bar Association

Szecskay Attorneys at Law announced that Katalin Grósz, senior partner, and János Vajda, partner at the firm, have been awarded...

Deals

Budapest Bourse Partnering With Peers, EBRD

The Budapest Stock Exchange and six of its peers in the region, along with the European Bank for Reconstruction and...

Transport

Budapest Airport a Regional Logistics hub for Temu, Shein

Budapest Ferenc Liszt International Airport has become a regional logistics hub for parcels from the Far East, with close to...

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...