Business

Pharma

Hydrogen power at work

A bus, fueled by hydrogen, has performed its first voyage in Belgium. Russians are waiting for this vehicle to appear...

Retail

Insulin pill for diabetics developed in Britain

A British company has developed a form of insulin that can be taken orally, which will provide better control of...

Deals

St. Petersburg opens up for TriGranit

Sándor Demján, Chairman of Trigranit Development Corporation and Matvienko Valentina Ivanovna; the Governor of St. Petersburg together signed an agreement...

Deals

Austria’s OMV raises stake in Hungary’s Mol to 18.6%

OMV AG, the leading Central European oil and gas group, has purchased several blocks of MOL shares, which, as understood...

Deals

Pécs to sell airport – Hungary

The municipality of Pécs is in talks with three strategic investors about selling or leasing its international airport, city mayor...

Pharma

Delphi to move production to Szombathely, Hungary

American Delphi Co. plans to move its entire plastic car parts production to its Szombathely plant, communications manager of Delphi...

Interview

EU leaders reach deal on replacing constitution

In a deal reached at 4:30 in the morning, the leaders of the 27 members of the European Union agreed...

Interview

V4 group against delaying Schengen zone extension

Prime ministers of Slovakia, the Czech Republic, Hungary and Poland took a common stance against Austria's demands that the Visegrád...

Retail

Fujitsu Siemens Hungary sees hardware demand slowing

Fujitsu Siemens Computers Kft Hungary has started a new software business in Hungary, because they see that the growth of...

Deals

Torex Retail taken over by Cerberus Investments

Cerberus European Investments LLC announced the purchase of all of the businesses and trading subsidiaries of Torex Retail, through Torex...

Deals

GTC invests €130 million in a 1.300 apartment complex in Romania

Real estate developer Globe Trade Center Romania (GTC), with Israeli capital, will build 1,300 apartments in a residential complex close...

Competition

Western business underestimates emerging countries tech capabilities

A major new international study by BT has revealed that Western business is not fully prepared for the imminent impact...

Retail

UK biggest hit in Europe for consumer electronics

Research revealed by GfK confirms the UK's place as the largest market in Europe for consumer electronics, with a projected...

Deals

RZD, Deutsche Bahn AG establish logistics joint venture

Russian Railways (RZD) and Deutsche Bahn AG signed Thursday an agreement to establish and manage a joint venture in transportation...

Retail

Hungarian Kürt to start US operations

Information security company Kürt Zrt is planning on registering a new branch in the US this fall, said company CEO...

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...