Business

HR

Hungary’s Unemployment Rises to 4.5% in November 2024

Hungary’s labor market saw a decline in employment and a slight rise in unemployment in November 2024, according to data...

Automotive

New Car Registrations in Hungary Climb Close to 13% in 2024

The number of new passenger car registrations in Hungary rose 12.9% to 121,607 in 2024, the Hungarian Association of Vehicle...

Retail

Aldi Magyarország Rolls out 8% Pay Rise

Aldi Magyarország is raising store and warehouse staff pay by 8% from January 1, the German-owned discount chain said on...

Automotive

Suzuki Clinches Top Spot in Hungary’s Passenger Car Market in 2024

Suzuki came out on top in Hungary’s new passenger car segment in 2024, achieving a 12.94% market share with 15,732...

Automotive

Around 4,600 Companies Apply for EV Subsidies in Hungary

Approximately 4,600 businesses have submitted applications for subsidies in a scheme to support purchases of EVs, Hungary's Energy Ministry said...

Business

Former AmCham Hungary President Huebner Passes Away at 90

Charles Huebner, former president of the American Chamber of Commerce in Hungary (AmCham) from 1997 to 1999, passed away on...

Deals

Budapest Buys out E.ON Stake in Public Lighting Company

Budapest's public works company has bought out E.ON's 50% stake in the city's public lighting company for HUF 4.2 bln,...

Innovation

NKFI Launches Proof of Concept Grant to Commercialize University Research

The National Research, Development, and Innovation Office (NKFI) has announced its latest Proof of Concept (PoC) grant, designed to bridge...

Residential

Average Home Prices Climb 13% in 2024 – Duna House

Homes in Hungary sold for an average HUF 45.2 million in 2024, up approximately 13% from a year earlier, data...

Transport

Lufthansa Technik Budapest to Overhaul Norwegian Aircraft Fleet

Lufthansa Technik and Nordic airline Norwegian have a business relationship that goes back 17 years, and the aircraft maintenance firm...

Real Estate

Demand and Sales to Pick up in 2025 on Real Estate Market – Duna House

After 2024's reversal of trends, Duna House expects a strengthening real estate market in terms of transaction numbers and prices,...

Pharma

Novartis Raises Awareness of Cholesterol Risks and Cardiovascular Health

Cardiovascular diseases are the leading cause of death in Hungary, yet public awareness remains low about the underlying risks and...

Deals

4iG Acquires 31% of Rotors&Cams

Listed ICT company 4iG on Friday said it acquired a 31% stake in Rotors&Cams, thereby acquiring both majority ownership and...

Inside View

The Impact of Changing Audit Rules on Business Life

This year, several legislative changes affect the field of accounting and auditing. This article reviews the three most important....

Real Estate

Deals of the Year: Restrained Real Estate Activity in 2024

The Budapest Business Journal takes an in-depth look at the most significant deals concluded this year in the different sectors...

HR

Hungary’s Unemployment Rises to 4.5% in November 2024

Hungary’s labor market saw a decline in employment and a slight rise in unemployment in November 2024, according to data...

Automotive

New Car Registrations in Hungary Climb Close to 13% in 2024

The number of new passenger car registrations in Hungary rose 12.9% to 121,607 in 2024, the Hungarian Association of Vehicle...

Retail

Aldi Magyarország Rolls out 8% Pay Rise

Aldi Magyarország is raising store and warehouse staff pay by 8% from January 1, the German-owned discount chain said on...

Automotive

Suzuki Clinches Top Spot in Hungary’s Passenger Car Market in 2024

Suzuki came out on top in Hungary’s new passenger car segment in 2024, achieving a 12.94% market share with 15,732...

Automotive

Around 4,600 Companies Apply for EV Subsidies in Hungary

Approximately 4,600 businesses have submitted applications for subsidies in a scheme to support purchases of EVs, Hungary's Energy Ministry said...

Business

Former AmCham Hungary President Huebner Passes Away at 90

Charles Huebner, former president of the American Chamber of Commerce in Hungary (AmCham) from 1997 to 1999, passed away on...

Deals

Budapest Buys out E.ON Stake in Public Lighting Company

Budapest's public works company has bought out E.ON's 50% stake in the city's public lighting company for HUF 4.2 bln,...

Innovation

NKFI Launches Proof of Concept Grant to Commercialize University Research

The National Research, Development, and Innovation Office (NKFI) has announced its latest Proof of Concept (PoC) grant, designed to bridge...

Residential

Average Home Prices Climb 13% in 2024 – Duna House

Homes in Hungary sold for an average HUF 45.2 million in 2024, up approximately 13% from a year earlier, data...

Transport

Lufthansa Technik Budapest to Overhaul Norwegian Aircraft Fleet

Lufthansa Technik and Nordic airline Norwegian have a business relationship that goes back 17 years, and the aircraft maintenance firm...

Real Estate

Demand and Sales to Pick up in 2025 on Real Estate Market – Duna House

After 2024's reversal of trends, Duna House expects a strengthening real estate market in terms of transaction numbers and prices,...

Pharma

Novartis Raises Awareness of Cholesterol Risks and Cardiovascular Health

Cardiovascular diseases are the leading cause of death in Hungary, yet public awareness remains low about the underlying risks and...

Deals

4iG Acquires 31% of Rotors&Cams

Listed ICT company 4iG on Friday said it acquired a 31% stake in Rotors&Cams, thereby acquiring both majority ownership and...

Inside View

The Impact of Changing Audit Rules on Business Life

This year, several legislative changes affect the field of accounting and auditing. This article reviews the three most important....

Real Estate

Deals of the Year: Restrained Real Estate Activity in 2024

The Budapest Business Journal takes an in-depth look at the most significant deals concluded this year in the different sectors...

Hungary’s Unemployment Rises to 4.5% in November 2024

Hungary’s labor market saw a decline in employment and a slight rise in unemployment in November 2024, according to data...

New Car Registrations in Hungary Climb Close to 13% in 2024

The number of new passenger car registrations in Hungary rose 12.9% to 121,607 in 2024, the Hungarian Association of Vehicle...

Aldi Magyarország Rolls out 8% Pay Rise

Aldi Magyarország is raising store and warehouse staff pay by 8% from January 1, the German-owned discount chain said on...

Suzuki Clinches Top Spot in Hungary’s Passenger Car Market in 2024

Suzuki came out on top in Hungary’s new passenger car segment in 2024, achieving a 12.94% market share with 15,732...

Around 4,600 Companies Apply for EV Subsidies in Hungary

Approximately 4,600 businesses have submitted applications for subsidies in a scheme to support purchases of EVs, Hungary's Energy Ministry said...

Former AmCham Hungary President Huebner Passes Away at 90

Charles Huebner, former president of the American Chamber of Commerce in Hungary (AmCham) from 1997 to 1999, passed away on...

Budapest Buys out E.ON Stake in Public Lighting Company

Budapest's public works company has bought out E.ON's 50% stake in the city's public lighting company for HUF 4.2 bln,...

NKFI Launches Proof of Concept Grant to Commercialize University Research

The National Research, Development, and Innovation Office (NKFI) has announced its latest Proof of Concept (PoC) grant, designed to bridge...

Average Home Prices Climb 13% in 2024 – Duna House

Homes in Hungary sold for an average HUF 45.2 million in 2024, up approximately 13% from a year earlier, data...

Lufthansa Technik Budapest to Overhaul Norwegian Aircraft Fleet

Lufthansa Technik and Nordic airline Norwegian have a business relationship that goes back 17 years, and the aircraft maintenance firm...

Demand and Sales to Pick up in 2025 on Real Estate Market – Duna House

After 2024's reversal of trends, Duna House expects a strengthening real estate market in terms of transaction numbers and prices,...

Novartis Raises Awareness of Cholesterol Risks and Cardiovascular Health

Cardiovascular diseases are the leading cause of death in Hungary, yet public awareness remains low about the underlying risks and...

4iG Acquires 31% of Rotors&Cams

Listed ICT company 4iG on Friday said it acquired a 31% stake in Rotors&Cams, thereby acquiring both majority ownership and...

The Impact of Changing Audit Rules on Business Life

This year, several legislative changes affect the field of accounting and auditing. This article reviews the three most important....

Deals of the Year: Restrained Real Estate Activity in 2024

The Budapest Business Journal takes an in-depth look at the most significant deals concluded this year in the different sectors...