Business

Competition

Corruption alive and well worldwide, “sobering,” report says

Global efforts to cut corruption and improve government quality have made little progress in the last 10 years, despite bright...

Interview

EU economy chief says France isn’t breaking EU budget rules

France's request to delay a goal for eliminating its budget deficit does not break EU budget rules, EU Economic and...

Transport

Wizz Air increases flights to Hungary and Romania

Wizz Air has announced an increase in the frequency of its flights from London to Hungary and Romania....

Interview

Polish president dismiss deputy PM

Polish President Lech Kaczynski on Monday sacked Deputy Prime Minister and Agriculture Minister Andrzej Lepper, the leader of a coalition...

Automotive

Ford to assemble 2007 Mondeo in northwestern Russia

Ford plans to assemble 25,000 new Mondeo cars annually at its Vsevolozhsk plant in northwestern Russia, a local government official...

Competition

Euromonitor International launches ‘Passport’

Euromonitor International today announced the launch of Passport, its new industry information system designed to support multinational organizations with strategic...

Ecosystem

Industry Committee backs creation of a European Institute of Innovation and Technology

A proposal to set up a European Institute of Technology was backed in a first-reading report by the Industry Committee...

Competition

Corporate blogging still not taking of

Less than 5% of large and mid-sized companies worldwide currently have a corporate blog, according to LEWIS PR....

Deals

Gold futures close up nearly $8

Gold futures closed sharply higher Monday, extending their prior-session gains, boosted by softness in the dollar and general strength in...

Automotive

Fuel supplies fail to meet emission standards in China

Officials are calling for a new standard on car emissions to be delayed for two years until the right fuel...

Deals

OMV and Vienna Insurance Group launch forecourts JV

Austrian oil and gas player OMV and Vienna Insurance Group have launched a joint venture initiative that will see them...

Deals

Indian Tecnova scouts for European firm

Boutique consulting firm Tecnova is looking to acquire a market research firm in Eastern Europe in what could be a...

Competition

Low investments project shrinking growth – Hungary

Data on investments reveal unfavorable tendencies, regarding both future aggregated demand and later production opportunities, researcher for the Central Bank...

Pharma

Romania expects foreign trade volume to top €100 billion in 2008

Romania's foreign trade could for the first time exceed €100 billion ($136.23 billion) in 2008, a trade official said on...

Deals

Hungarian investors on foreign stock markets

Hungarian investors are buying an increasing number of shares at foreign bourses....

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...