Business

Pharma

Fill it up, please – with hydrogen!

But, from this month, this will become a familiar sight in the heart of the capital as a hydrogen fuel...

Competition

Austrians suspend VimpelCom entering Belorussia

The Cellular Operator VimpelCom and its shareholder Altimo attempting to enter the Belorussian market since 2001 are likely to fail...

Competition

Gazprom tried to top Murdoch’s $5 bln bid for Dow Jones

State-controlled Russian gas giant Gazprom tried to outbid a $5 billion offer for The Wall Street Journal’s publisher, Dow Jones...

Deals

Croats in a frenzy ahead of telecom privatization

Croats are feverishly anticipating a “sure winner” with the mid-September initial public offering (IPO) of shares from the Croatian government’s...

Retail

Microsoft, Siemens VDO team on car navigation, entertainment

Microsoft’s in-car technology will play a prominent role in future auto entertainment and communication systems after the company reached a...

Automotive

Japanese carmakers increasingly eye foreign markets

Japan’s automotive industry is increasingly pushing into overseas markets such as China and India as sales turnovers at home are...

Automotive

VW chief aims to challenge Toyota on margins as well as technology

Volkswagen aims to challenge its main rival Toyota not only in the area of technology but also on plant efficiency...

Ecosystem

Hungary third-biggest new EU spender

By the end of June, Hungary had distributed 61% of the European Union funding allocated for programs of the first...

Automotive

Ford in bid to buy Romanian car plant

Ford Motor Co. has made an offer of €57 million ($78.5 million) for a majority stake in the Romanian car...

Retail

First Starbucks opens in Russia

The first Starbucks coffee store has opened in Russia, a year after the firm won a legal dispute that had...

Retail

Ericsson signs billion-dollar deal with Indian telecom group BSNL

Swedish telecommunications equipment maker Ericsson on Friday said it has signed a $1.3 billion deal to expand and upgrade the...

Retail

Apple’s Jobs apologizes over iPhone price cut

Apple Inc. CEO Steve Jobs responded to customer dissatisfaction over the company cutting the price of its high-end iPhone by...

Interview

Poland may adopt euro in 2012

Poland may adopt the euro in 2012 at the earliest, Poland’s central bank chief Slawomir Skrzypek told Polish media on...

Deals

Hungary: Polgár logistics center starts first unit

As part of the first phase of a 38,000 sqm logistics center development project in the Polgár industrial park, the...

Retail

PKN Orlen, MOL, Skoda leading in ‘Top 500 CEE’

Seven Romanian companies are present in the ranking of the largest 100 companies in Central and Eastern Europe and 32...

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...

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

Working for a Competitive Advantage – The Latest Issue of the BBJ

Róbert Keszte became president of the German-Hungarian Chamber of Industry and Commerce (DUIHK) in 2025. In an interview with the...

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...

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,...

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...

18,000 Truck Drivers Near Retirement, Hungary Faces Shortage

Europe currently has more than 500,000 unfilled truck‑driver positions, and another 600,000 drivers are expected to reach retirement age in...

Working for a Competitive Advantage – The Latest Issue of the BBJ

Róbert Keszte became president of the German-Hungarian Chamber of Industry and Commerce (DUIHK) in 2025. In an interview with the...

Hungary’s Industrial Producer Prices Rise 4.8% as Energy Export Prices Surge

Hungary’s industrial producer prices rose 4.8% year-on-year in August and 2.9% from July, with energy export prices climbing sharply amid...

Szentkirályi to Take Over Almdudler Distribution in Hungary From January.

Szentkirályi Magyarország is set to take over Hungarian distribution of popular Austrian herbal soft drink Almdudler on January 1, 2027....