Business

Startups

Startup Looking to Support 1,000s of Agricultural Professionals

This fall, Hungarian startup Agrolynx is debuting its innovative agricultural software, which has the potential to simplify the daily work...

Science

HCEMM: New Computing Powerhouse in Szeged

There used to be a time when the word “computer” meant an occupation, not a device. Even after digital technology...

HR

Unions, Employers Striving to Reach 3-year Wage Agreement

Unions and employers are striving to reach a three-year agreement on minimum wage increases, but are still at odds over...

Transport

Magnus Aircraft Opens Showroom in Wuxi

Hungary's Magnus Aircraft has opened its first international showroom in Wuxi, China, the company said on Tuesday, news agency MTI...

Pharma

Improved Margin, Financial Gain Lift Richter Earnings

Hungarian pharmaceutical company Gedeon Richter reported a consolidated after-tax profit increase of 42% year-on-year to HUF 175.9 bln for Q1-Q3,...

Manufacturing

Gov’t Urges Liberty Steel to Pay Wages Due Duna Steel Works

The government firmly urges Liberty Steel to pay wages due to Duna Steel Works employees in line with its legal...

Logistics

Phoenix Builds Modern Pharma Logistics Center in Győr

To enhance pharmaceutical supply in the western Hungary region, Phoenix Pharma Zrt. is developing a state-of-the-art 6,550 square meter pharmaceutical...

Retail

Action at EU Level Could Change Temu Practices – GVH

Concerted action by European Union member states could force Chinese online marketplace Temu to change its commercial practices to comply...

Automotive

2nd day of Hungarian Battery Week Highlights Opportunities, Challenges in E-mobility, E-transport Infrastructure 

The second day of Hungarian Battery Week in Budapest shifted its focus to the rapidly evolving sectors of e-mobility and...

Automotive

Driving the Electric Revolution: Empower Your Impact with Investment and R&D Subsidies

Tamás Szűcs, partner and automotive industry Leader at EY Hungary, explores the challenges and opportunities facing Hungary’s automotive sector amid...

Transport

CJEU Dismisses Wizz Air Challenge of Romanian Competitor

The Court of Justice of the European Union (CJEU) yesterday dismissed a challenge by Hungary's Wizz Air to European Commission...

Retail

Hungary’s Retail Sector Delivers Mixed Performance in September

Hungary’s retail sales rose by 1.7% in September compared to the same period last year, despite a monthly decrease of...

Telco

4iG to Rebrand Commercial Telecommunications Services

4iG set to rebrand the commercial telecommunications services of its units Vodafone Magyarország, Digi, Antenna Hungaria, and Invitech....

Automotive

Hungarian Battery Week Brings Together Experts, Industry Leaders in Budapest

The Hungarian Battery Week got underway in Budapest, drawing together officials, industry leaders, manufacturers and experts from 20 countries, representing...

Innovation

Hungary Commits to Becoming R&D Center for Battery Tech

The head of the Hungarian Investment Promotion Agency (Hipa) highlighted a commitment to make Hungary Europe’s leading R&D center for...

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...