Business

Construction

Home Building Permit Issues Plunge in H1

The number of home building permits issued in Hungary fell 38.6% year-on-year to 10,880 in the first half, data released...

Residential

Real Estate Prices Still Rising in Downtown Budapest

In the downtown districts of Budapest, both general prices, as well as price/sqm for an apartment have increased, according to...

Retail

Online Price Comparison Site Draws 650,000 Visitors

An online platform that compares the food prices of Hungary's biggest supermarket chains has drawn around 650,000 visitors since its...

Manufacturing

Ganz to Focus More on Solar Power Development, Sustainability

Ganz Transformer and Electric Rotating Machines has initiated a program focused on significant optimization of energy sustainability within their transformer...

Retail

Slovenia Retail Sales Decline Further in June

Retail sales in Slovenia declined 15.7% year-on-year in June, falling further from an 13.4% drop in the previous month, the...

Retail

Lithuania Retail Sales Fall for 5th Month in June

Retail sales in Lithuania fell by 0.5% year-on-year in June, marking the fifth straight month of decline, from a downwardly...

Interview

MBH Bank Going Ahead With Ambitious Plans After Merger

The Budapest Business Journal talks with Péter Balogh, managing director of MBH Bank’s large corporate lending and special finance, about...

Inside View

Accommodating to Changes and the Benefits of AI

The property market in Central and Eastern Europe is again facing severe challenges in 2023. Development costs are high, bank...

Transport

Wizz Air Suspends Operations at Albania’s Kukes Airport

Hungarian low-cost carrier Wizz Air has suspended all of its flights to and from the Kukes airport in northern Albania...

Retail

Orbán Vows Crackdown on ‘Profiteering’ Supermarket Chains

Prime Minister Viktor Orbán said officials would escalate a crackdown on unjustified food price hikes at multinational supermarket chains in...

Logistics

CEE Continues to Attract Industrial Developers

The Central European logistics and industrial markets have been thriving with regard to development and demand. However, total stock in...

Logistics

Provincial Hubs Beginning to Grow in Secondary Cities

Developer-led industrial development is finally extending to regional hubs across Hungary as in other Central European countries. With total stock...

Interview

Future Getting Greener in the Industrial Property Market

The industrial and logistics sector has undergone a remarkable transformation in recent years. Manufacturing and assembly companies have started stockpiling...

Logistics

Budapest’s Logistics and Industrial Boom Continues

With industrial and logistics demand remaining high and vacancy at record lows, the boom in the sector is continuing. Analysts...

Interview

Budapest Affiliate Plays key Roles in ExxonMobil’s Energy Operations, Transition

Prominent on a purpose-built tall office block and in bright red letters, the name ExxonMobil greets thousands of travelers leaving...

Construction

Home Building Permit Issues Plunge in H1

The number of home building permits issued in Hungary fell 38.6% year-on-year to 10,880 in the first half, data released...

Residential

Real Estate Prices Still Rising in Downtown Budapest

In the downtown districts of Budapest, both general prices, as well as price/sqm for an apartment have increased, according to...

Retail

Online Price Comparison Site Draws 650,000 Visitors

An online platform that compares the food prices of Hungary's biggest supermarket chains has drawn around 650,000 visitors since its...

Manufacturing

Ganz to Focus More on Solar Power Development, Sustainability

Ganz Transformer and Electric Rotating Machines has initiated a program focused on significant optimization of energy sustainability within their transformer...

Retail

Slovenia Retail Sales Decline Further in June

Retail sales in Slovenia declined 15.7% year-on-year in June, falling further from an 13.4% drop in the previous month, the...

Retail

Lithuania Retail Sales Fall for 5th Month in June

Retail sales in Lithuania fell by 0.5% year-on-year in June, marking the fifth straight month of decline, from a downwardly...

Interview

MBH Bank Going Ahead With Ambitious Plans After Merger

The Budapest Business Journal talks with Péter Balogh, managing director of MBH Bank’s large corporate lending and special finance, about...

Inside View

Accommodating to Changes and the Benefits of AI

The property market in Central and Eastern Europe is again facing severe challenges in 2023. Development costs are high, bank...

Transport

Wizz Air Suspends Operations at Albania’s Kukes Airport

Hungarian low-cost carrier Wizz Air has suspended all of its flights to and from the Kukes airport in northern Albania...

Retail

Orbán Vows Crackdown on ‘Profiteering’ Supermarket Chains

Prime Minister Viktor Orbán said officials would escalate a crackdown on unjustified food price hikes at multinational supermarket chains in...

Logistics

CEE Continues to Attract Industrial Developers

The Central European logistics and industrial markets have been thriving with regard to development and demand. However, total stock in...

Logistics

Provincial Hubs Beginning to Grow in Secondary Cities

Developer-led industrial development is finally extending to regional hubs across Hungary as in other Central European countries. With total stock...

Interview

Future Getting Greener in the Industrial Property Market

The industrial and logistics sector has undergone a remarkable transformation in recent years. Manufacturing and assembly companies have started stockpiling...

Logistics

Budapest’s Logistics and Industrial Boom Continues

With industrial and logistics demand remaining high and vacancy at record lows, the boom in the sector is continuing. Analysts...

Interview

Budapest Affiliate Plays key Roles in ExxonMobil’s Energy Operations, Transition

Prominent on a purpose-built tall office block and in bright red letters, the name ExxonMobil greets thousands of travelers leaving...

Home Building Permit Issues Plunge in H1

The number of home building permits issued in Hungary fell 38.6% year-on-year to 10,880 in the first half, data released...

Real Estate Prices Still Rising in Downtown Budapest

In the downtown districts of Budapest, both general prices, as well as price/sqm for an apartment have increased, according to...

Online Price Comparison Site Draws 650,000 Visitors

An online platform that compares the food prices of Hungary's biggest supermarket chains has drawn around 650,000 visitors since its...

Ganz to Focus More on Solar Power Development, Sustainability

Ganz Transformer and Electric Rotating Machines has initiated a program focused on significant optimization of energy sustainability within their transformer...

Slovenia Retail Sales Decline Further in June

Retail sales in Slovenia declined 15.7% year-on-year in June, falling further from an 13.4% drop in the previous month, the...

Lithuania Retail Sales Fall for 5th Month in June

Retail sales in Lithuania fell by 0.5% year-on-year in June, marking the fifth straight month of decline, from a downwardly...

MBH Bank Going Ahead With Ambitious Plans After Merger

The Budapest Business Journal talks with Péter Balogh, managing director of MBH Bank’s large corporate lending and special finance, about...

Accommodating to Changes and the Benefits of AI

The property market in Central and Eastern Europe is again facing severe challenges in 2023. Development costs are high, bank...

Wizz Air Suspends Operations at Albania’s Kukes Airport

Hungarian low-cost carrier Wizz Air has suspended all of its flights to and from the Kukes airport in northern Albania...

Orbán Vows Crackdown on ‘Profiteering’ Supermarket Chains

Prime Minister Viktor Orbán said officials would escalate a crackdown on unjustified food price hikes at multinational supermarket chains in...

CEE Continues to Attract Industrial Developers

The Central European logistics and industrial markets have been thriving with regard to development and demand. However, total stock in...

Provincial Hubs Beginning to Grow in Secondary Cities

Developer-led industrial development is finally extending to regional hubs across Hungary as in other Central European countries. With total stock...

Future Getting Greener in the Industrial Property Market

The industrial and logistics sector has undergone a remarkable transformation in recent years. Manufacturing and assembly companies have started stockpiling...

Budapest’s Logistics and Industrial Boom Continues

With industrial and logistics demand remaining high and vacancy at record lows, the boom in the sector is continuing. Analysts...

Budapest Affiliate Plays key Roles in ExxonMobil’s Energy Operations, Transition

Prominent on a purpose-built tall office block and in bright red letters, the name ExxonMobil greets thousands of travelers leaving...