Business

Deals

Amtek Auto hungry for global buyouts

Amtek Auto is not stopping after buying out JL French's forging and casting business in UK. NDTV has learnt that...

Retail

BauMax invests €40 mln in Romanian market

The do-it-yourself Austrian store chain BauMax will invest €40 million ($54 million) this year in opening four new stores on...

Automotive

Japan’s Suzuki to build auto plant near St. Petersburg

Japanese automaker Suzuki plans to build a car plant near St. Petersburg, Japan's Nikkei newspaper reported Tuesday....

Retail

Shell seeks to expand presence in Thailand

Royal Dutch Shell Plc, a worldwide group of oil, gas and petrochemical companies, is looking to buy petrol stations in...

Interview

US proposes tougher rules to WTO on subsidies

The United States submitted on Monday a paper to the World Trade Organization, proposing much tougher rules on trade-distorting subsidies....

Interview

Bulgaria and Romania nervous, make cosmetic changes

Bulgaria and Romania are trying to convince the EU that they are efficient in combating wide spread corruption ahead of...

Deals

IBM, Lehman Bros buy stake in firm

A private equity fund formed by Lehman Brothers and IBM has agreed to buy a stake in a Chinese software...

Automotive

Investments in Romanian economy reach $3.18 bln in Q1 2007

The total value of investments in Romania's national economy in the Q1 of 2007 reached 7.73 billion RON ($3.18 billion),...

Pharma

Iveco seeking partners in Eastern Europe and North America

In a move aimed at expanding its market presence in North America and Eastern Europe, Italia's Iveco is considering establishing...

Competition

Evraz Group offers to buy Highveld stock at $11.4 per share

Evraz Group S.A. said Monday it had made an offer to buy the shares of South Africa's Highveld Steel and...

Retail

E.Leclerc opening supermarket in Maribor

E.Leclerc, a leading European retailer, will open its second outlet in Slovenia in Maribor on 7 November in an investment...

Automotive

Mondi has €875 mln lined up for projects in Eastern Europe

Paper and packaging group Mondi is planning to spend €875 million ($1,176 billion) on projects in Russia and Poland after...

Pharma

AIG’s New Europe Fund II closes with €523 mln

AIG Global Investment Group recently held a final close of AIG New Europe Fund II with capital commitments totaling €522.5...

Pharma

Low-cost Eastern Europe entices Japanese, conference told

Japanese corporations doing business in Europe are conscious that sites in Eastern Europe offer lower operating costs than Germany, where...

Telco

Chinese hi-tech exports exceed $100 bln in Q1

From January to April of this year, China's export value of new high technology products hit $101.49, up 25.1% from...

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...