Business

Interview

UN Security Council still divided over Kosovo

The 15-nation UN Security Council once again failed to agree on a possible plan of action if negotiations between Serbia...

Pharma

Second Hydrogen station opens in Mantova, Italy

With the opening of the second hydrogen-station in Mantova (Italy) the project ZERO REGIO has reached another milestone....

Deals

Gateway eyes Packard Bell

Gateway Inc yesterday announced plans to acquire European PC vendor Packard Bell BV, a move funded by Taiwan’s Acer Inc...

Automotive

Avoid careless leasing and loans

Due to increasing risks for clients buying cars and receiving loans on the one hand, and companies financing leasing and...

Competition

Forum offers insights on business dealings in Eastern Europe

The 14th annual conference in Tucson (Arizona) focuses on opportunities with former Soviet bloc nations....

Interview

Euro ministers fall short of pressing dollar, target RMB

Finance ministers from the 13-nation bloc sharing euro failed Monday to seek a tougher stance against the appreciation of their...

Pharma

Chevrolet is most popular in Russia

Chevrolet was the most popular car of foreign make sold in Russia from January to September of 2007. The overall...

Ecosystem

Soros at CEU Business School Open Day

Since the founding of the CEU Business School 20 years ago, the School has evolved into one of the major...

Deals

GM to make 250,000 Chevrolets per year in Uzbekistan

US auto giant General Motors and Korean-Uzbek car manufacturer UzDaewooAvto have set up a joint venture to produce up to...

Pharma

PolyOne: Colour manufacturing plant opened in Poland

PolyOne (Cleveland, Ohio / USA) has officially opened its color concentrates manufacturing facility in Kutno / Poland....

Retail

ThalesNano launched its next generation hydrogenation technology product

ThalesNano Inc. announced that it has launched the latest of its Cube(TM) flow reactor series, H-Cube Midi(TM)....

Deals

New health funds from 2009

The Health Ministry published a forty page document detailing specific details of the healthcare financing reform....

Competition

Nokia completes the Enpocket acquisition

Nokia today announced that it has completed its acquisition of Enpocket, a global leader in mobile advertising providing technology and...

Retail

Abramovich representatives refuse to comment on Berezovsky writ

Millhouse Capital, a company managing Russian tycoon Roman Abramovich's assets, has refused to comment on media reports that fugitive oligarch...

Telco

ORCO’s new project Praga

Orco Property Group, a leading investor, developer and asset manager in the Central European real estate and hospitality market announced...

Inside View

Investing in Hungary’s Wind Renaissance: What Wind Tender Means for Stakeholders

Hungary has launched its most ambitious wind energy initiative in nearly two decades, opening a new chapter in the country’s...

Appointments

Géza Palocsay Named Managing Director of Douglas Central Europe

Géza Palocsay has been appointed managing director of Douglas Central Europe, overseeing the beauty retailer’s operations in Hungary, the Czech...

Inside View

Energy Efficiency Also a Tax Opportunity

Diversifying Hungary’s energy supply has been on the agenda for years. The rapid expansion of solar power is a major...

Residential

Budapest Castle District Voters Back Short-Term Rental Ban

Nearly 59% of participants in an online vote in Budapest’s District I supported a complete ban on short-term rentals, Castle...

Real Estate

Erste Real Estate Investment Fund Buys H2Offices

Skanska has agreed to sell the second phase of its H2Offices complex to Erste Open-Ended Real Estate Investment Fund, represented...

Retail

Aldi Cuts Selection and Prices, Shifts toward Stricter Discount Model

Aldi has reduced its food assortment from 2,600 to 2,100 products as part of a data‑driven cleaning process that keeps...

Business

Chamber of Commerce Corner, October 2, 2026

This regular section of the Budapest Business Journal features news and events from various international business chambers. For further information...

CBRE Hungary Expands China Desk as Chinese Clients Pursue European Projects

CBRE Hungary has appointed Tu Yunfeng as business development manager at its China Desk, expanding the Budapest-based team as Chinese...

Spar Files New EU Complaint Over Hungary’s Retail Tax

Spar has filed another complaint with the European Commission over Hungary’s retail sector tax, arguing that amendments offer relief only...

Investing in Hungary’s Wind Renaissance: What Wind Tender Means for Stakeholders

Hungary has launched its most ambitious wind energy initiative in nearly two decades, opening a new chapter in the country’s...

Géza Palocsay Named Managing Director of Douglas Central Europe

Géza Palocsay has been appointed managing director of Douglas Central Europe, overseeing the beauty retailer’s operations in Hungary, the Czech...

Continest and Sweden’s Flexotrap Join Forces on Modular Shooting Ranges

As defense spending grows in importance across Europe following Russia’s full-scale invasion of Ukraine, local firm Continest Technologies Plc. and...

Hungary’s Housing Costs Drive Buyers Toward Garden Plots and Former Wine Cellars

Rising house prices and living costs are pushing more buyers toward properties on Hungary’s outlying garden plots and vineyard land,...

Energy Efficiency Also a Tax Opportunity

Diversifying Hungary’s energy supply has been on the agenda for years. The rapid expansion of solar power is a major...

Budapest Castle District Voters Back Short-Term Rental Ban

Nearly 59% of participants in an online vote in Budapest’s District I supported a complete ban on short-term rentals, Castle...

What Might Dogs Reveal About Human Communication?

A Hungarian-led research team working out of the Department of Ethology at ELTE in Budapest is working to discover what...

Erste Real Estate Investment Fund Buys H2Offices

Skanska has agreed to sell the second phase of its H2Offices complex to Erste Open-Ended Real Estate Investment Fund, represented...

Hungary Retail Sales Rise 2.4% in August

Hungary’s retail sales volume increased 2.4% year on year in August but fell 0.7% from July, according to data from...

Hungarian EV Market Continues to Grow, Leading CEE

Electromobility in Hungary continues to grow. In the first half of the year, 7,497 new all-electric passenger cars were registered,...

GTA VI Preview Sends Hungarian Console Interest Surging

Clicks from Hungarian price comparison site Árukereső to online console retailers rose roughly sevenfold the day after the Aug. 27...

Aldi Cuts Selection and Prices, Shifts toward Stricter Discount Model

Aldi has reduced its food assortment from 2,600 to 2,100 products as part of a data‑driven cleaning process that keeps...

Chamber of Commerce Corner, October 2, 2026

This regular section of the Budapest Business Journal features news and events from various international business chambers. For further information...