Business

Deals

Russia’s Rosneft, Anglo-Dutch Shell ink strategic partner deal

Russia's state-controlled oil company Rosneft said Monday it had signed a strategic partnership agreement with Royal Dutch Shell on the...

Automotive

Foreign car sales in Russia grow 70% to 720,000 in H1 2007

Sales of foreign cars in Russia increased 70%, year-on-year, in January-June 2007, to 720,143 vehicles, the automobile manufacturers committee of...

Deals

HTCC acquires Tele2 Hungary

Pan-European alternative telecoms operator Tele2 has divested its Tele2 Hungary unit to Hungarian Telephone and Cable Corp (HTCC), for 40...

Telco

Germany reports robust growth in industrial orders

Germany's industrial orders increased more than expected in May, driven both by foreign and domestic demand, official data released on...

Automotive

UK industry grows unexpectedly fast

Industrial production and manufacturing output both grew faster than analysts expected in May, official figures show....

Transport

New orders for Boeing 787 debut

Boeing has announced 35 new orders for its 787 Dreamliner, hours before the plane is unveiled at the US manufacturer's...

Deals

Yukos makes Russia a leader

Russia led the developing markets in the number of mergers and acquisitions in the H1 of the year....

Deals

Europe’s high speed trains unite to fight the budget airlines

As new trains and tracks cut down the time difference on door-to-door travel, a newly integrating EU railway network is...

Competition

Balkan central banks agree to cooperate

Central bank heads or representatives from the Balkan countries on Friday signed a memorandum of cooperation to strengthen regional banking...

Interview

Poland’s GDP growth at 6-6.5% in Q2

Macroeconomic data after two months of the Q2 2007 indicate that the GDP growth will slow down as compared to...

Automotive

Ford to bid for Romanian car plant

Ford Motor Co. has been selected as the buyer of a majority stake in a Craiova car manufacturing plant formerly...

Deals

Greek Fund to invest in companies in Bulgaria, Greece, Serbia

Greek investment fund Marfin Investment, part of Greek Marfin Popular Bank will invest €15 billion ($20.4 billion) in company acquisitions...

Telco

Yukos remaining assets to go under hammer in Aug – extended

The committee of Yukos creditors will put together a new lot to sell the bankrupt oil firm's remaining assets, Nikolai...

Competition

Countries sign up to emissions pledge

More than 150 companies round the world on Thursday pledged to reduce their carbon emissions voluntarily and raise energy efficiency...

Competition

EU mulls charter on rights of energy consumers

The European Commission on Thursday proposed an Energy Consumers' Charter, which will set out consumers' rights in the areas of...

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...