Business

Competition

MNB president sees price stability by 2008

Hungary's central bank MNB will carry on decreasing the base rate if inflation continues to lower as it is expected...

Transport

Air France-KLM eyes Iberia Airlines

Air France-KLM SA is looking at Iberia Airlines of Spain SA as a possible merger target, the French airline said....

Interview

Sweden moves to allow freer flow of labor

In an attempt to tackle the effects of an aging population and a shrinking future labor force, the Swedish government...

Competition

Eastern Europe still ripe for growth, despite supply chain problems – IGD reports

Eastern Europe still offers retailers immense potential for expansion, despite poor supply chain infrastructure and rapid retail consolidation, according to...

Sustainability

Living in Budapest, living in Hungary

Over the past five years foreign interest in Hungary, and in particular its capital city Budapest, has been high....

Interview

Serbia rejects Kosovo-EU linkage – envoy

Serbia's accession to the EU must not be predicated on the resolution of the Kosovo problem, the country's ambassador to...

Office Market

IMMOEAST Acquires S-Park in Bucharest for €101.5 mln

IMMOEAST has acquired another property in Bucharest. With S-Park, one of the most prominent new office developments this year has...

Deals

Hungary’s MOL says it can create value alone

Oil firm MOL spurned what it said was a hostile approach from Austrian rival OMV and presented new financial targets....

Retail

European online marketing to top €16 bln in 2012

Spending on online marketing in Europe will double in the next five years, from around €7.5 billion in 2006 to...

Pharma

Fidelity launches emerging markets fund

Fidelity International is seeking to tap into the natural resources market with a fund investing in emerging Europe, the Middle...

Retail

Europe happy isn’t happy for emissions

Europe's carbon emissions have risen markedly over the last 40 years, but the extra fuel use has brought little increase...

Deals

Third direct Lufthansa service from Munich to Romania

In September, Lufthansa will start flying to Sibiu (formerly known as Hermannstadt), making it the third city in Romania after...

Deals

Banks worldwide sharply hike spending to combat money laundering

Banks around the world have spent an average of 58% more to combat money laundering over the last three years,...

Automotive

Ford denies reports it’s in talks to sell Volvo unit – update

Ford is denying reports that it's putting Volvo up for sale. Officials say the company is not negotiating with anyone...

Retail

Alcan: bought by Rio Tinto for $38.1 bln

Rio Tinto on Thursday reached agreement on a deal to buy Canadian aluminum producer Alcan for $38.1 billion, topping the...

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...