Business

Transport

Malév flights available through Ultitek’s CRS

Ultitek Ltd. announced that Malév Airlines (MA) has signed an agreement with Transportation Clearing House (TCH) of Russian Federation to...

Retail

Principal Bank partners with CashEdge for online money transfer

CashEdge TransferNow technology changes the way bank customers bank online....

Office Market

ORCO’s sale of Arena Corner office building

Colliers International Hungary announced another successful sale transaction. of Arena Corner Office....

Deals

Oppenheim purchases €132 mln worth of retail facilities in Poland

The property investment company Oppenheim has acquired a portfolio of three hypermarkets, in addition to a shopping gallery adjoining one...

Telco

Rosneft oil firm files for auction to sell Yukos foreign assets

Russian state-controlled crude producer Rosneft said Monday it had filed an application for an auction to sell an overseas subsidiary...

Retail

EU decides on liquidating corn intervention stocks

Competent EU authority is tendering all 1.2 million tons corn intervention stocks stored in Hungary, a decision argued for by...

Deals

Germany’s Rutronic opens subsidiary in Serbia

Electronic component distributor Rutronik has strengthened its Eastern Europe presence through a sales office in Serbia....

Deals

Darby closes €300 mln Central Europe Mezzanine Fund

Darby Overseas Investments, Ltd. (“Darby”), the private equity arm of Franklin Templeton Investments, announced that its Darby Converging Europe Mezzanine...

Competition

A concise overview of Hungary’s Internet, broadband and convergence market

Research and Markets has announced the addition of “Hungary - Convergence, Broadband & Internet Market - Overview, Statistics & Forecasts”...

Pharma

First batch rolls from Hankook’s Hungary Plant

Hankook Tire has shipped its first batch of tires produced at the company’s maiden European manufacturing operation....

Deals

VimpelCom buys 100% of Irkutsk-based subsidiary of Tele2

VimpelCom has bought 100% of shares in Corporation Severnaya Korona, a mobile operator based in Siberia’s Irkutsk Region, from Sweden’s...

Interview

Macedonia, Montenegro to team up for markets abroad

Macedonia and Montenegro may jointly place the surplus of agricultural products in world’s major markets....

Competition

Essential resource for top-level data and analysis covering the Internet access industry

The new „Global Internet Access” industry profile is an essential resource for top-level data and analysis covering the Internet access...

Deals

VSMPO-Avisma sets up Swiss subsidiary, Tirus International

Russia’s VSMPO-Avisma, the world’s largest titanium producer, has created a fully-owned distribution company in Switzerland, Tirus International SA....

Deals

Emerging markets boost for Coca-Cola brands

Emerging markets in Europe and Asia continue to boost the global profitability of Coca-Cola’s brands as two of its regional...

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....