Business

Competition

China trade surplus hits $22.4 bln

China's trade surplus hit $22.4 billion (€16.7 billion) in May, data shows, marking a 73% on the same period last...

Deals

Ford plans to sell Jaguar

Car firm Ford has briefed politicians that it is planning to sell its British luxury car marques, Jaguar and Land...

Interview

Adamkus, Gyurcsány, Prodi back Merkel in fast progress on EU treaty

Italian Prime Minister Romano Prodi said Monday that the European Union urgently needed a new constitutional treaty, while Hungarian Prime...

Deals

Shell to increase investments in Russia

British-Dutch oil major Shell plans to increase investments in Russia despite losing control of the giant Sakhalin-2 project earlier this...

Retail

13% of China’s chilli products fail safety tests

13% of all chilli products in China have failed safety tests, the General Administration of Quality Supervision, Inspection and Quarantine...

Automotive

Hungary: Cadence Innovation expands manufacturing footprint to Esztergom

Cadence Innovation conducted a grand opening ceremony today commemorating the official start of production at its newest manufacturing plant. This...

Deals

European Capital invests €83 mln in One Stop Buyout(TM) of Miles 33

European Capital S.A. SICAR, a wholly-owned subsidiary of European Capital Limited, announced today that it has invested €83 million ($112...

Competition

Google reportedly says Microsoft Windows Vista puts rivals at disadvantage

Sunday, reports indicated Google Inc. complained to antitrust officials that Windows Vista operating system software of Microsoft Corp puts rivals...

Retail

Owens-Illinois to sell plastics packaging business to Rexam Plc

Owens-Illinois, Inc., today announced that the Company concluded the strategic review process of its plastics portfolio and has entered into...

Deals

Global inflation fears continue to chill markets

The worries Thursday erupted early in New Zealand, where the inflation-wary central bank boosted interest rates to 8%. New Zealand’s...

Deals

Superfast rail link opens French gateway to eastern Europe

Zooming east from Paris, the first high-speed train service between France and Germany is to make its maiden passenger journey...

Pharma

DHL goes climate-neutral

During the upcoming Munich Transport Logistics exhibition, DHL will present innovative logistics solutions based on its GoGreen climate-neutral shipping initiative....

Deals

Air Partner expands to Germany

AIR Partner will open a dedicated freight division in Germany on 18 June. It plans to expand its freight teams...

Deals

Hungary & Poland: Hupac shuttle trains

At the international trade fair transport logistic held in Munich from 12 to 15 June 2007, the Swiss combined transport...

Pharma

G8 leaders upbeat about world economy

Leaders from the Group of Eight (G8) major industrialized nations appeared upbeat about the world economy as they gathered for...

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...