Business

Inside View

The Significance of PPAs in Light of Hungary’s Solar Boom

In recent years, Hungary has witnessed a remarkable surge in solar energy development, signaling the dawn of a new era...

Manufacturing

Unilever to Start Manufacturing Global Deodorant Brands in Hungary

Unilever is set to manufacture well-known deodorant brands in Hungary. In the near future, production of Axe, Rexona, and Dove...

Office Market

Silent Revolution Approaching in Office Design

As economic conditions continue to shift, businesses are actively seeking ways to reduce operational costs, resulting in significant changes in...

Transport

Vitézy Calls Extraordinary Budapest Assembly Meeting Over HÉV Service Cuts

Dávid Vitézy, a politician who works with the LMP-Greens in the Budapest assembly, has convened an extraordinary meeting of the...

Fintech

Hungary’s Digital Payment Index Sees 11-Point Rise Over 4 Years

Hungary’s adoption of cashless payment methods continues to grow, reflecting the broader digital transformation underway in the country. According to...

HR

More Skilled Workers Available on Labor Market

In recent years, significant changes have occurred in the job market for those performing physical labor. An analysis based on...

Business

BME Cooperating in ESA’s Planetary Defense Program

The Budapest University of Technology and Economics (BME) is cooperating with the European Space Agency's (ESA) planetary defense mission, which...

Pharma, Podcasts

Roundtable Panelists Engage With Pharmaceutical Challenges

About 50 guests attended the third Pharma CEO Breakfast, organized by the Budapest Business Journal and its professional partners Pheonix...

Retail

Hungary’s Retail Sales up 4.1% in August

Hungary's retail sales volume grew by 4.1% in August 2024 compared to the same period last year, according to calendar-adjusted...

Innovation

Media Authority: 2024 Defining Year for Regulating AI

The year 2024 will be defining for regulating artificial intelligence, the head of the National Media and Infocommunications Authority (NMHH)...

Interview

Yepp App Plays ‘Digital Leapfrog’ in Hungary’s Telco Market

Yettel recently brought some of its services directly into the digital age through its Yepp app. Chief commercial officer Nemanja...

Interview

Empowering Global Leadership: Innovation, Diversity and the Future of Executive Talent

The Budapest Business Journal talks with Norbert Nagy, Stanton Chase’s managing partner and vice president for the EMEA region and...

Podcasts

Charting the Progress of Drone Tech From Toy to Weapon of War

The second panel at the CEO Breakfast, hosted by the German-Hungarian Chamber of Industry and Commerce (DUIHK) in partnership with...

Deals

PwC Acquires Research and Consulting Firm GKID

GKID has entered into an agreement with PwC under which PricewaterhouseCoopers Magyarország Kft. acquires a 100% stake in GKID Research...

Interview

ITware: Building on the AI Edge

ITware has been running a successful business for two decades now, with its thriving Japanese partnership helping it stand out...

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...