Business

Manufacturing

Hungary’s Industrial Producer Prices Rise y.o.y. in September

Hungary’s industrial producer prices rose 0.9% in September 2024 compared to a year earlier, though prices saw a month-to-month decrease...

Residential

Young People, Foreigners Contributing to Rise of Apartment Sales

The number of sales of used apartments increased by more than 30% and new ones by more than 50%, according...

Residential

Szentkirályi Calls for ‘Real Solutions’ to Housing Crisis

Budapest needs "real measures rather than political performances" to resolve its housing crisis, the head of the Fidesz-Christian Democrat group...

Industrial

Developers Moving to BTS Approach, but Industrial Still a Growing Sector

Industrial real estate is going through an upturn with both leading regional industrial park developers and operators and Hungarian players...

HR

Gulyás: Workers Between 17-25 Eligible for Blue-collar Credit

Blue-collar Hungarian workers between the ages of 17 and 25 will be eligible to borrow up to HUF 4 million,...

HR

Labor Market Remains Tight – State Secretary

Hungary's labor market remains tight, the state secretary for employment at the National Economy Ministry said on public television on...

Real Estate

Developers Continue to Exercise Caution in Many Hungarian Sectors

As developers and investors must justify projects as being financially sustainable and offering favorable returns on investment, ESG issues are...

Manufacturing

Magnus Aircraft to Open Showroom in Wuxi

Hungary's Magnus Aircraft is to open a showroom in Wuxi, near Shanghai in eastern China, on November 11, the company...

Appointments

New Business Unit Leaders at KPMG

KPMG Hungary has entered the new fiscal year with a restructured leadership team, the company tells the Budapest Business Journal....

Automotive

EVE Power Battery Plant IPPC Permit Submitted

China's EVE Power has submitted the application for an Integrated Pollution Prevention and Control (IPPC) permit for a battery plant...

Real Estate

Real Estate Market Talk: Balancing Supply and Demand

Developers are exercising caution against a background of geopolitical and economic worries, development costs, long-term demand, and concerns over investment...

Interview

Air France-KLM Aims to act as a Decarbonization Pathfinder

Marjan Rintel, president and CEO of KLM, talks to the Budapest Business Journal about the importance of its Budapest route...

Interview

Kimpton BEM Budapest: ‘Approachable Luxury With a Playful, Avant-garde Twist’

General manager Attila AE Domby talks to the Budapest Business Journal about debuting a new hotel brand not just in...

Real Estate

Budapest Hotel Sector an Attractive Investment Option

The hospitality sector is considered an attractive development and investment option; Hungary and the Central European region are popular tourist...

Automotive

Top Automotive Executives: Frank Iepema

Frank Iepema, managing director of Hydro Extrusion Hungary, is among the executives featured in The Top Automotive Executives in Hungary...

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...