Business

Interview

EU solidarity deepens

Initiative for strengthening cooperation in confronting natural disasters....

Deals

European investors mulling financials again

Some investors are considering buying financial stocks again in order to prepare themselves for a likely leveling off in European...

Deals

Ukrainian oligarch becomes shareholder in American media company

Ukrainian billionaire Igor Kolomoiski bought 3% in Central European Media Entreprises (CME), the media company controlled by the American Ronald...

Automotive

Ford negotiates for Romanian plant, Toyota does deal with EDF

Ford is to push into Eastern Europe by buying a majority share in a car plant at Craiova, Romania. It...

Interview

France’s Strauss-Kahn favored for IMF top job

Former French finance minister Dominique Strauss-Kahn was widely tipped to become the ’s new head after nominations for the post...

Automotive

Porsche reported to seek majority control of Volkswagen

Porsche dismissed Saturday a fresh news report that it was planning to secure majority control of Volkswagen, the German-based car...

Telco

Hungary: Inflation past the peak, GKI says

This year’s inflation rate has gone beyond its peak and is expected to drop further, research institute GKI said. Agricultural...

Deals

Hungary’s FHB Bank snapped up by over twenty investors

Hungarian Finance Minister János Veres on Friday said that the 50% stake in FHB Bank the state sold in a...

Deals

Leading biodiesel corporation on Inc. Magazine’s Top 500

Renewable Energy Group, Inc. is the first biodiesel company to make the list of fastest-growing private companies in America....

Deals

CEZ and MOL cooperate, OMV disagrees

MOL and CEZ signed a letter of intent to establish a strategic alliance on Thursday announced MOL Nyrt. OMV says...

Deals

Natural gas explorer is looking for partners

Canadian energy giant Falcon Oil and Gas is looking for a partner for its natural gas research in Hungary, as...

Automotive

Russia’sc AvtoVAZ will choose between Renault and Fiat

AvtoVAZ will name its strategic partner in November. Its choice is between Renault and Fiat, one of which will buy...

Transport

Norwegian Air Shuttle orders 42 jets from Boeing

Oslo-based low-cost carrier Norwegian Air Shuttle announced on Thursday that it has ordered 42 Boeing 737-800 jets worth some $3.1...

Automotive

Romania buys old cars to fight pollution

Romania's government bought 14,451 old cars this year as part of „Operation Jalopy,” a program to encourage citizens to buy...

Retail

Gledhill selected as appliance partner for Ceramic Fuel Cells & E.ON UK

Ceramic Fuel Cells Limited today announces that Gledhill Water Storage has been selected as its UK appliance partner to join...

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....