Business

Deals

Dell acquires SilverBack for beefing up services

Dell is set to buy privately held managed services provider SilverBack Technologies....

Pharma

Toyota group outsells GM in H1 of 2007

Japan's automobile group Toyota Motor Corp surpassed US auto giant General Motors Corp to become the world's top automobile seller...

Interview

Economic growth rate in 2007 could reach 7% – Romania

The Ministry of Economy and Finance forecasts economic growth of 7% in 2007 based on the January-April results....

Deals

MOL and INA find natural gas deposits – extended

The first tests of explorative drilling codenamed “Zaláta-1” show that the hydrocarbon stock found in Zaláta will be of a...

Automotive

Serbian automaker Zastava, General Motors sign Opel deal

Serbian automaker Zastava and General Motors Corp. signed on Thursday a contract for the local assembling an Opel model starting...

Deals

European low-cost carrier Ryanair announces 11 new routes

Ryanair opens 11 new routes from its bases in Barcelona, Bremen, Brussels, Dublin, London, Marseille and Milan....

Deals

Linde Group concludes the acquisition of Turkish industrial gases company BOS

The technology group The Linde Group has concluded the acquisition of the Turkey based industrial gases company Birlesic Oksijen Sanayi,...

Pharma

Pirelli, US Delphi to invest in Romania

Italian tire company Pirelli plans to invest €235 million ($325 million) to boost its production capacity in Romania....

Pharma

Romania’s advert market rises 35% in H1 2007

Romania's advertising market grew 35% in the first six months of this year compared with the same period of last...

Deals

Gazprombank to set up subsidiary in London

Gazprombank has decided to open a financial company in London, the bank's press service said Thursday....

Automotive

Honda to build original cars in China

Honda Motor Co. said Wednesday it would become the world's first foreign automaker to develop and market cars under an...

Interview

Romania faces workforce crisis

Romania faces a workforce crisis, Labor Minister Paul Pacuraru said on Wednesday....

Pharma

Poland attracts $746 million in FDI in H1 of 2007

Poland attracted 31 new foreign direct investment (FDI) projects in the H1 of 2007, primarily in the electronics sector, the...

Deals

Cargo Central Europe to bid for Hungary’s MÁV Cargo

Rail World Inc., a US-based railway management and investment company specializing in privatizations and restructurings and Mid Europa Partners, a...

Automotive

Chevrolet Europe targets booming new Eastern markets

General Motors may be having to beg, plead and bribe for every sale in the US, but its blue-collar subsidiary...

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...

Real Estate

Investors Becoming More Selective as Markets Rebound

Commercial real estate investment across the CEE-6 markets reached EUR 5.8 billion for H1 2026 compared with EUR 5.4 bln...

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....

Investors Becoming More Selective as Markets Rebound

Commercial real estate investment across the CEE-6 markets reached EUR 5.8 billion for H1 2026 compared with EUR 5.4 bln...