BBJ - Budapest Business Journal

Hungary’s unemployment rate stood at 4.7% in August, with 229,000 people unemployed and 4.654 mln employed among those aged 15-74, according to Central Statistical Office (KSH) data.

Budapest

Karácsony Expects Deal on Budapest’s Finances Within Weeks

Budapest Mayor Gergely Karácsony expects an agreement with the government on resolving the capital’s financial problems within weeks, he told the Metropolitan Assembly on Sept. 25.

Real Estate

Seven Pearl Tops Out in Budapest’s Historic Heart

The Seven Pearl residential development in Budapest has reached its highest point, marking a milestone for a complex that will include more than 160 apartments and a passage connecting Síp utca and Dohány utca.

INSIDE VIEW

Pay Transparency: A Practical Tool for Comparing the Value of Different Roles

Energy Investment in Hungary: Sectors, Returns, and the Legal Infrastructure That Makes it Possible

Europe’s new Insolvency Rulebook: What it Means for Hungary

Cyber Resilience Act: Companies Face First 2026 deadline

From Pay Reporting to Litigation Risk: The Impact of the EU Pay Transparency Directive

Hungary’s Proposed Insolvency Regime: What Would the Draft Law Change?

Sci-Fi Today: Tax Returns Entrusted to Machines

Advantages of Hungarian Trust Asset Management Also Available to Foreigners

Mind the 5%: Getting Ahead of Gender Pay Gap Rules in Hungary

Adaptive Reuse of Existing Office Building Stock: Legal Pitfalls

Navigating the Energy Storage Boom: Emerging Trends, Legal Implications

Double Benefit: Energy Efficiency With Tax Benefits

Balance and Timing in Taxation Key to Success in Automotive

Sustainability Reporting Made Simpler? The EU’s Omnibus Package Explained

Digital Under Scrutiny: Key Lessons from GVH’s 2024 Crackdown

EU Grants Hungary 1‑year Exemption from Gas Market Rule

The EC approved Hungary's request for a temporary exemption from an EU gas‑market regulation at the Serbian border, allowing the...

Sustainability

Taking Discipline, Perseverance, and Goal-setting from the Pool to the Workplace

In his sporting life, Valter Kalaus was an Olympic swimmer at 18 and, now 56, competes regularly in Masters events....

PRESENTED CONTENT

Dealing With Tick Bites

Honor Sees Hungary as a Strategic Market for Ecosystem-led Growth

Resilient by Design: Celebrating 25 years of TCS in Hungary

Serving Up the New U.S. Dietary Guidelines

BBJ Quick Interview: Realizing the Business Benefits of ESG

Penny Hungary at 30: Digital, Caring, Community-oriented

Kidney Stones: When Your Body’s Own Substances Become the Enemy

Banks, Supply Chains, and Insurance: Why Cybersecurity Matters

Expanded Sanofi Budapest Hub Demonstrates the Pulse of Progress

Drees & Sommer on Adding Value, Digitalization and ‘Urban Mining’

Hungary Still has Much to Offer Germany – EY Partner Ésik Says

From Chatbots to Virtual Bankers: How AI Is Reshaping Hungarian Finance

Market Fundamentals Holding Back Entries by Major Luxury Fashion Brands

Affidea Offers a Clearer Image of Employee Health

Philips Advocates Human-centric AI Integration to Enable Better Care for More

Int'l Relations

Magyar Invites Pope Leo XIV to Hungary After Vatican Talks

Prime Minister Péter Magyar invited Pope Leo XIV to visit Hungary during a private audience at the Vatican on Sept....

Residential

Budapest Residents Move Less as Outer Districts Gain Ground

Fewer Budapest residents moved between districts in 2025, with around 29,000 people registering a new permanent address elsewhere in the...

BUSINESS

Office Market

Budapest Office Supply Tightens, Vacancy Falls, Rents Flat

Budapest's office market is tightening, with the vacancy rate at 12.2% even as rental prices remain at EUR 25 per...

Business

EC Proposes Unlocking EUR 4.2 Bln in Funding for Hungary

The EC has proposed that the Council reinstate EUR 4.2 bln in suspended cohesion funding for Hungary and restore access...

Office Market

Skanska Completes Façade at H₂Offices Phase 2

Skanska has completed the façade and roof waterproofing at H₂Offices Phase 2 in Budapest, enclosing the building as interior work...

Sustainability

Interior ESG Elements now Central to the Real Estate Industry

ESG interior elements related to building use trends, design, layout, amenities, and property and facility management are now seen as...

Realis Group Plans International Expansion as Krisztián Hornok Joins as Partner

Krisztián Hornok has joined Realis Group as a partner as the company prepares to expand its real estate business beyond...

HelloParks Targets Record Leasing Year as Construction Advances in Fót and Páty

HelloParks has signed new leases covering more than 100,000 sqm and renewed contracts for a further 30,000 sqm so far...

Realis WAM Raises HUF 7 Bln for Ráday utca Development

Fund manager Realis WAM has secured a further HUF 7 billion for its latest real estate project, bringing its total...

Summer Heatwave Underscores Need for Urban Responsibility

Real estate sustainability is a top-down mindset: if a landlord’s leadership doesn’t walk the walk, employees won’t, and neither will...

ECONOMY

Analysis

Hungary’s Business Confidence Improves in September

Business sentiment improved in Hungary in September, while consumer confidence remained largely unchanged, according to a monthly survey by economic...

Analysis

Hungary Could Adopt Euro in 2033 at Earliest, Equilor Says

Hungary could adopt the euro in 2033 at the earliest, with high public debt and a substantial budget deficit posing...

Analysis

EBRD Maintains Hungary Growth Forecast at 1.8% for 2026

The European Bank for Reconstruction and Development (EBRD) forecasts Hungary’s economy will expand by 1.8% in 2026 and 2.5% in...

MNB

Former Central Bank Governor Matolcsy Questioned as Suspect in Erste Case

Police have questioned seven suspects, including former National Bank of Hungary Governor György Matolcsy, in an investigation into alleged abuse...

MNB to Lower Inflation Target to 2.5% From 2028, Holds Base Rate at 5.5%

The National Bank of Hungary (MNB) will lower its inflation target to 2.5% from Jan. 1, 2028, while retaining its...

Nine-Year-Old Budapest Wind Record Broken on Monday

A wind gust of 92.9 km/h measured on János Hill early Monday set a new Budapest record for September 21,...

Naftogaz, MOL Sign MoU on Fuel Storage in Hungary for Ukraine

Ukraine’s Naftogaz has signed a memorandum of understanding with Hungary’s MOL to explore developing petroleum product storage facilities near the...

Net-zero Transition Becoming a Core Banking Issue

Banks have a central role to play in financing Hungary’s transition to a lower-carbon economy, not by withdrawing from carbon-intensive...

POLITICS

Parliament

Tisza Lawmakers Propose Making Christmas Eve a Public Holiday

Three Tisza Party lawmakers have submitted a bill to Parliament that would make Dec. 24 a permanent public holiday in...

EU

EU Project Pre-Financing Pushes August Budget Deficit to HUF 2.31 tln

Hungary’s cash flow-based general government deficit reached HUF 2.31 tln in August, driven overwhelmingly by pre-financing for projects supported by...