Business

Automotive

Mazda ranks first in auto Bild’s 2007 Quality Report

Germany's largest car magazine, Auto Bild, has ranked Mazda in first place in its highly respected 'Quality Report' for 2007,...

Transport

Air Malta operates new charter flights to Romania

For a number of years Air Malta has operated charters and scheduled flights to Bucharest and Cluj in Romania....

Automotive

Hertz, Avis to offer hybrid rental options

Car rental rivals Hertz and Avis both announced they are adding thousands of fuel-efficient and eco-friendly hybrids to their US...

Deals

PM’s version of health insurance reform – Hungary

There is place for private funding in the healthcare sector; but the change has to be started by establishing regional...

Pharma

Electronics manufacturing grows in Eastern Europe

Eastern Europe is emerging as a new global hub for the electronics manufacturing industry, according to a new report by...

Interview

Democracy report says new EU, NATO members ‘backsliding’

The US-based pro-democracy group Freedom House says in its latest report that the countries of Central Europe have shown a...

Competition

Banks charged over Parmalat crash

An Italian judge has ruled that four international banks will face charges over their involvement in the 2003 bankruptcy of...

Deals

Shell and Esso to market selected North Sea assets

Interests will include acreage, production licenses and associated infrastructure in Quadrants 210 and 211....

Competition

WHO to create global stockpile of H5NI vaccine

The World Health Organization (WHO) has announced that it is working with vaccine manufacturers to create a global stockpile of...

Retail

Enlarged aluminum group RusAl approves deal to raise $2 bln loan

Russia's newly-created aluminum giant United Company RusAl said Thursday it had mandated international banks to arrange and underwrite a $2...

Interview

Czech Republic, Hungary the only EU states with gaps over 3% of GDP in 2008

The Czech Republic and Hungary will be the only EU members whose budget gaps will at the end of 2008...

Deals

BMW office opens in Romania

BMW Group will open at the beginning of July its own office in Romania, managing imports, marketing, PR and post-sale...

Retail

EU’s carbon trade ‘set to fail’

The EU's carbon trading scheme - deemed a key to tackling climate change - is set to „fail” yet again,...

Deals

Enel to acquire majority stake in Romanian distribution company

Italian utility Enel has said that it will pay €820 million ($1.33 billion) for a 67.5% stake in Romanian electricity...

Retail

Eko Elda to invest in expanding Bulgarian fuel retail footprint

Eko Elda, the Bulgarian fuel retail unit of Greek petrochemicals firm Hellenic Petroleum, has outlined plans to invest 200 million...

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...