Business

Manufacturing

Hungary’s Industrial Output Drops 4.9% in June Year-Over-Year

Hungarian industrial production declined by 4.9% in June 2025 compared to the same month last year, according to data released...

Retail

Hungary’s Retail Sales Rise 3% Year Over Year in June

Hungarian retail sales grew by 3% in June 2025 compared to the same month last year, according to both raw...

Pharma

Richter Revenue, Operating Profit Climb

First-half revenue and operating profit of Hungarian pharmaceutical company Gedeon Richter rose from the same period a year earlier, but...

Transport

Wizz Air Passenger Numbers up 6.8% in July, Load Factor Dips

Wizz Air carried 6.35 million passengers in July 2025, marking a 6.8% year-on-yeary increase, the discount airline said in a...

Residential

These Locations and Property Types Could Be the Winners of the Home Start Program

As the launch of Hungary’s subsidized Home Start home loan program approaches in September, interest is surging on the demand...

Interview

Market Fundamentals Holding Back Entries by Major Luxury Fashion Brands

Anita Csörgő, director, head of retail at Colliers, gives the BBJ her overview of the retail real estate market in...

Deals

MOL Signs Oil Trade Agreement With KazMunayGas

Hungary's MOL on Monday said it signed an oil trade agreement with Kazakhstan's national oil company, KazMunayGas (KMG), according to...

Science

Hankó Touts Surge in University Rankings, Research, Enrollment

Minister of Culture and Innovation Balázs Hankó praised the transformation of Hungary's higher education system during a panel discussion at...

Real Estate

Hungarian Insurers Adopting Fast-Track Property Assessment

While still navigating legacy infrastructure and organizational habits, Hungarian insurers are accelerating the adoption of digital tools to streamline property...

Construction

Housing Completions Down, Permits Surge in Hungary in First Half of 2025

Despite a sharp drop in newly completed homes, the first half of 2025 saw a significant uptick in housing permits...

Retail

Retailers Hit by Special Taxes, Price Caps, Waning Purchasing Power

With a faltering economy resulting in January-May retail sales increasing by just 2.1% year-on-year, the outlook for the sector would...

Automotive

Used Tesla Model 3 Tops EV Market as Prices Drop 17% in H1

Hungary's used electric vehicle market saw a sharp price decline in the first half of 2025, with Tesla leading the...

Transport

Waberer’s and Budapest Airport Partner to Boost Domestic Air Cargo Development

Waberer’s International Nyrt. and Budapest Airport Zrt. have signed a memorandum of understanding (MoU) aimed at driving dynamic growth in...

Real Estate

Dynamic Growth Continues in CEE Regional Hotel Market

The CEE hotel market is undergoing dynamic growth driven by a rebound in domestic demand and the return of int'l...

Manufacturing

Hungary’s Industrial Producer Prices Dip in June but Remain Above Year-Ago Levels

Industrial producer prices in Hungary fell slightly in June from the previous month but remained higher than a year earlier,...

Manufacturing

Hungary’s Industrial Output Drops 4.9% in June Year-Over-Year

Hungarian industrial production declined by 4.9% in June 2025 compared to the same month last year, according to data released...

Retail

Hungary’s Retail Sales Rise 3% Year Over Year in June

Hungarian retail sales grew by 3% in June 2025 compared to the same month last year, according to both raw...

Pharma

Richter Revenue, Operating Profit Climb

First-half revenue and operating profit of Hungarian pharmaceutical company Gedeon Richter rose from the same period a year earlier, but...

Transport

Wizz Air Passenger Numbers up 6.8% in July, Load Factor Dips

Wizz Air carried 6.35 million passengers in July 2025, marking a 6.8% year-on-yeary increase, the discount airline said in a...

Residential

These Locations and Property Types Could Be the Winners of the Home Start Program

As the launch of Hungary’s subsidized Home Start home loan program approaches in September, interest is surging on the demand...

Interview

Market Fundamentals Holding Back Entries by Major Luxury Fashion Brands

Anita Csörgő, director, head of retail at Colliers, gives the BBJ her overview of the retail real estate market in...

Deals

MOL Signs Oil Trade Agreement With KazMunayGas

Hungary's MOL on Monday said it signed an oil trade agreement with Kazakhstan's national oil company, KazMunayGas (KMG), according to...

Science

Hankó Touts Surge in University Rankings, Research, Enrollment

Minister of Culture and Innovation Balázs Hankó praised the transformation of Hungary's higher education system during a panel discussion at...

Real Estate

Hungarian Insurers Adopting Fast-Track Property Assessment

While still navigating legacy infrastructure and organizational habits, Hungarian insurers are accelerating the adoption of digital tools to streamline property...

Construction

Housing Completions Down, Permits Surge in Hungary in First Half of 2025

Despite a sharp drop in newly completed homes, the first half of 2025 saw a significant uptick in housing permits...

Retail

Retailers Hit by Special Taxes, Price Caps, Waning Purchasing Power

With a faltering economy resulting in January-May retail sales increasing by just 2.1% year-on-year, the outlook for the sector would...

Automotive

Used Tesla Model 3 Tops EV Market as Prices Drop 17% in H1

Hungary's used electric vehicle market saw a sharp price decline in the first half of 2025, with Tesla leading the...

Transport

Waberer’s and Budapest Airport Partner to Boost Domestic Air Cargo Development

Waberer’s International Nyrt. and Budapest Airport Zrt. have signed a memorandum of understanding (MoU) aimed at driving dynamic growth in...

Real Estate

Dynamic Growth Continues in CEE Regional Hotel Market

The CEE hotel market is undergoing dynamic growth driven by a rebound in domestic demand and the return of int'l...

Manufacturing

Hungary’s Industrial Producer Prices Dip in June but Remain Above Year-Ago Levels

Industrial producer prices in Hungary fell slightly in June from the previous month but remained higher than a year earlier,...

Hungary’s Industrial Output Drops 4.9% in June Year-Over-Year

Hungarian industrial production declined by 4.9% in June 2025 compared to the same month last year, according to data released...

Hungary’s Retail Sales Rise 3% Year Over Year in June

Hungarian retail sales grew by 3% in June 2025 compared to the same month last year, according to both raw...

Richter Revenue, Operating Profit Climb

First-half revenue and operating profit of Hungarian pharmaceutical company Gedeon Richter rose from the same period a year earlier, but...

Wizz Air Passenger Numbers up 6.8% in July, Load Factor Dips

Wizz Air carried 6.35 million passengers in July 2025, marking a 6.8% year-on-yeary increase, the discount airline said in a...

These Locations and Property Types Could Be the Winners of the Home Start Program

As the launch of Hungary’s subsidized Home Start home loan program approaches in September, interest is surging on the demand...

Market Fundamentals Holding Back Entries by Major Luxury Fashion Brands

Anita Csörgő, director, head of retail at Colliers, gives the BBJ her overview of the retail real estate market in...

MOL Signs Oil Trade Agreement With KazMunayGas

Hungary's MOL on Monday said it signed an oil trade agreement with Kazakhstan's national oil company, KazMunayGas (KMG), according to...

Hankó Touts Surge in University Rankings, Research, Enrollment

Minister of Culture and Innovation Balázs Hankó praised the transformation of Hungary's higher education system during a panel discussion at...

Hungarian Insurers Adopting Fast-Track Property Assessment

While still navigating legacy infrastructure and organizational habits, Hungarian insurers are accelerating the adoption of digital tools to streamline property...

Housing Completions Down, Permits Surge in Hungary in First Half of 2025

Despite a sharp drop in newly completed homes, the first half of 2025 saw a significant uptick in housing permits...

Retailers Hit by Special Taxes, Price Caps, Waning Purchasing Power

With a faltering economy resulting in January-May retail sales increasing by just 2.1% year-on-year, the outlook for the sector would...

Used Tesla Model 3 Tops EV Market as Prices Drop 17% in H1

Hungary's used electric vehicle market saw a sharp price decline in the first half of 2025, with Tesla leading the...

Waberer’s and Budapest Airport Partner to Boost Domestic Air Cargo Development

Waberer’s International Nyrt. and Budapest Airport Zrt. have signed a memorandum of understanding (MoU) aimed at driving dynamic growth in...

Dynamic Growth Continues in CEE Regional Hotel Market

The CEE hotel market is undergoing dynamic growth driven by a rebound in domestic demand and the return of int'l...

Hungary’s Industrial Producer Prices Dip in June but Remain Above Year-Ago Levels

Industrial producer prices in Hungary fell slightly in June from the previous month but remained higher than a year earlier,...