Business

Pharma

The new emerging market

The Berlin Wall fell in 1989 but this was not the sign that Eastern European economies were heading for a...

Competition

Seventh New Zealand finance company collapses

Another New Zealand finance company collapsed on Thursday - the third in 10 days - prompting calls for the government...

Interview

Kosovo dismisses notion of partition – extended

Kosovo leaders on Wednesday dismissed the notion of Kosovo partition and vowed to keep the province intact, news reports from...

Deals

Hungary: Gov’t sells FHB stake overnight

News daily Napi Gazdaság is reporting that the government sold its 50% stake in the Land Credit and Mortgage Bank...

Interview

Hungarians’ net income is second lowest

According to Deloitte Hungary, Polish, followed by the Hungarians, would get the lowest net income from a €500 gross wage...

Sustainability

House prices in Bulgaria “set to rocket”

House prices in Bulgaria have risen by 27% in the past 12 months and are set to rocket further, according...

Deals

Rompetrol transactions under investigation

The Romanian National Securities Commission (CNVM) announced that it has launched an investigation regarding the Bucharest Stock Exchange transactions with...

Deals

MOL is buying its own shares back again

MOL Nyrt, the country's largest oil company informed capital market participants, that on 28 August 2007 - based on the...

Interview

Serbia urges world to warn Kosovo against unilateral independence

Serbia on Tuesday urged the international community to send a clear message to Kosovo that its unilateral declaration of independence...

Deals

ThyssenKrupp buy majority stake in Slovakien steel trader

Düsseldorf-based ThyssenKrupp Services AG is branching out further into C&E Europe by acquiring 80% stake in the Slovakian company Ferostav...

Pharma

Brazil to start large-scale production of ethanol from cellulose in 10 years

Brazil’s state-owned oil and gas company Petrobras announced Tuesday that it expects to start large-scale production of ethanol from cellulose...

Transport

Ryanair spreads its wings, lands in Prague

It’s no secret that low-cost airlines are a threat to their traditional rivals and that more and more keep arriving...

Interview

Prague to privatize major state companies

Czech Republic officials said they plan to privatize the state-owned CEZ energy giant, the Czech Airlines and the Budvar Brewery,...

Interview

Kazakh firm takes majority stake of Romania’s Rompetrol

Romania’s Rompetrol energy company has sold a majority of its shares to a state-owned Kazakh firm....

Deals

Enel sanctioned to take WGC-5 in part and in whole

Russia’s Federal Antimonopoly Service (FAS) has sanctioned Italian Enel SpA to buy out 70% in Wholesale Generation Co.-5 (WGC-5). Given...

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....