Business

Office Market

Real Estate: Office Market Talk 2024

The Budapest Business Journal’s real estate editor, Gary J. Morrell, canvassed some of the leading players in Budapest’s office market...

Office Market

HB Reavis Aims to Become ‘Best, Most Efficient’ Asset Manager

When work commenced on Agora Budapest in March 2017, it was envisaged as a dual-phased multi-use complex. The original elements,...

Office Market

Office Demand Undergoing Fundamental Changes

As demand has fallen in the Budapest office market, overall vacancy has risen. There are other concerns at play, however,...

Office Market

Investment Market Entering Transitional Phase

High-end offices have traditionally been seen as a prize investment destination. However, as with other sectors, the market is going...

Office Market

CEE Office Markets Face Common Challenges

Office pipelines across Central and Eastern Europe are restrained, and few new projects have been initiated in what is an...

Interview

Celebrating the ‘Fingerprints’ of Architects and Investors

Zsolt Miklóshalmi, director of architecture at Óbuda Group, discusses the synergies between the architecture, interior design, sustainability consultancy, and project...

Manufacturing

Industrial Producer Prices Fall in April

Industrial producer prices in Hungary were 2% lower on average in April 2024 compared to one year earlier, according to...

Logistics

Construction Work Underway on New Rossmann Base in Hungary

The management of Rossmann, together with the investor, the developer and the contractor, celebrated the erection of the first columns...

Residential

Close to 5,000 City Dwellers Apply for Home Purchase Subsidies

Almost 5,000 applications were submitted for the Home Purchase Subsidy Scheme (CSOK) Plus for city dwellers in the first four...

Retail

Latvia Retail Trade Contracts in April

Latvia's retail sales contracted by 0.2% year-on-year in April, after an upwardly revised 3.4% increase in the prior month, figures...

Automotive

Average HUF 56,400 Compulsory Vehicle Insurance Premium in Q1

Hungarian auto owners paid almost HUF 56,400, on average, for their annual compulsory vehicle insurance premiums in the first quarter,...

Automotive

Falling Revenue, Narrower Margins Put Rába in Red

Hungarian automotive industry company Rába booked a first-quarter loss of HUF 191 million as revenue declined and margins deteriorated, state...

Sustainability

Modernization Could Save 16% of Annual Energy Consumption

Hungary could save 16% of its annual energy consumption if all energy-obsolete residential and public buildings were modernized, writes Másfélfok,...

Retail

Lithuania Retail Sales Growth Eases in April

Retail sales in Lithuania eased to 3.4% year-on-year in April from a downwardly revised 4.5% rise in the previous month,...

HR

Gov’t Aims to Increase Employment Rate to 85%

The government's goal is for the employment rate of the 20-64 age group to increase from the current 81% to...

Office Market

Real Estate: Office Market Talk 2024

The Budapest Business Journal’s real estate editor, Gary J. Morrell, canvassed some of the leading players in Budapest’s office market...

Office Market

HB Reavis Aims to Become ‘Best, Most Efficient’ Asset Manager

When work commenced on Agora Budapest in March 2017, it was envisaged as a dual-phased multi-use complex. The original elements,...

Office Market

Office Demand Undergoing Fundamental Changes

As demand has fallen in the Budapest office market, overall vacancy has risen. There are other concerns at play, however,...

Office Market

Investment Market Entering Transitional Phase

High-end offices have traditionally been seen as a prize investment destination. However, as with other sectors, the market is going...

Office Market

CEE Office Markets Face Common Challenges

Office pipelines across Central and Eastern Europe are restrained, and few new projects have been initiated in what is an...

Interview

Celebrating the ‘Fingerprints’ of Architects and Investors

Zsolt Miklóshalmi, director of architecture at Óbuda Group, discusses the synergies between the architecture, interior design, sustainability consultancy, and project...

Manufacturing

Industrial Producer Prices Fall in April

Industrial producer prices in Hungary were 2% lower on average in April 2024 compared to one year earlier, according to...

Logistics

Construction Work Underway on New Rossmann Base in Hungary

The management of Rossmann, together with the investor, the developer and the contractor, celebrated the erection of the first columns...

Residential

Close to 5,000 City Dwellers Apply for Home Purchase Subsidies

Almost 5,000 applications were submitted for the Home Purchase Subsidy Scheme (CSOK) Plus for city dwellers in the first four...

Retail

Latvia Retail Trade Contracts in April

Latvia's retail sales contracted by 0.2% year-on-year in April, after an upwardly revised 3.4% increase in the prior month, figures...

Automotive

Average HUF 56,400 Compulsory Vehicle Insurance Premium in Q1

Hungarian auto owners paid almost HUF 56,400, on average, for their annual compulsory vehicle insurance premiums in the first quarter,...

Automotive

Falling Revenue, Narrower Margins Put Rába in Red

Hungarian automotive industry company Rába booked a first-quarter loss of HUF 191 million as revenue declined and margins deteriorated, state...

Sustainability

Modernization Could Save 16% of Annual Energy Consumption

Hungary could save 16% of its annual energy consumption if all energy-obsolete residential and public buildings were modernized, writes Másfélfok,...

Retail

Lithuania Retail Sales Growth Eases in April

Retail sales in Lithuania eased to 3.4% year-on-year in April from a downwardly revised 4.5% rise in the previous month,...

HR

Gov’t Aims to Increase Employment Rate to 85%

The government's goal is for the employment rate of the 20-64 age group to increase from the current 81% to...

Real Estate: Office Market Talk 2024

The Budapest Business Journal’s real estate editor, Gary J. Morrell, canvassed some of the leading players in Budapest’s office market...

HB Reavis Aims to Become ‘Best, Most Efficient’ Asset Manager

When work commenced on Agora Budapest in March 2017, it was envisaged as a dual-phased multi-use complex. The original elements,...

Office Demand Undergoing Fundamental Changes

As demand has fallen in the Budapest office market, overall vacancy has risen. There are other concerns at play, however,...

Investment Market Entering Transitional Phase

High-end offices have traditionally been seen as a prize investment destination. However, as with other sectors, the market is going...

CEE Office Markets Face Common Challenges

Office pipelines across Central and Eastern Europe are restrained, and few new projects have been initiated in what is an...

Celebrating the ‘Fingerprints’ of Architects and Investors

Zsolt Miklóshalmi, director of architecture at Óbuda Group, discusses the synergies between the architecture, interior design, sustainability consultancy, and project...

Industrial Producer Prices Fall in April

Industrial producer prices in Hungary were 2% lower on average in April 2024 compared to one year earlier, according to...

Construction Work Underway on New Rossmann Base in Hungary

The management of Rossmann, together with the investor, the developer and the contractor, celebrated the erection of the first columns...

Close to 5,000 City Dwellers Apply for Home Purchase Subsidies

Almost 5,000 applications were submitted for the Home Purchase Subsidy Scheme (CSOK) Plus for city dwellers in the first four...

Latvia Retail Trade Contracts in April

Latvia's retail sales contracted by 0.2% year-on-year in April, after an upwardly revised 3.4% increase in the prior month, figures...

Average HUF 56,400 Compulsory Vehicle Insurance Premium in Q1

Hungarian auto owners paid almost HUF 56,400, on average, for their annual compulsory vehicle insurance premiums in the first quarter,...

Falling Revenue, Narrower Margins Put Rába in Red

Hungarian automotive industry company Rába booked a first-quarter loss of HUF 191 million as revenue declined and margins deteriorated, state...

Modernization Could Save 16% of Annual Energy Consumption

Hungary could save 16% of its annual energy consumption if all energy-obsolete residential and public buildings were modernized, writes Másfélfok,...

Lithuania Retail Sales Growth Eases in April

Retail sales in Lithuania eased to 3.4% year-on-year in April from a downwardly revised 4.5% rise in the previous month,...

Gov’t Aims to Increase Employment Rate to 85%

The government's goal is for the employment rate of the 20-64 age group to increase from the current 81% to...