Business

Deals

British probe Murdoch media influence

The British government opened an unprecedented investigation into Rupert Murdoch's influence over UK media....

Deals

UK’s Miller seeks £680 mln to fund expansion on the Continent

Miller Developments, the commercial property arm of the Miller Group, plans to raise a £680 million ($1,35 billion, €1 billion)...

Pharma

Slovenia invited to join the OECD

Slovenia has been invited to join the Organization for Economic Cooperation and Development (OECD), a 30-member rich countries' club....

Interview

Sarkozy to champion Europe in trade talks

Nicolas Sarkozy, French president, warned the world on Wednesday night that he expected Europe to take a much tougher stance...

Interview

Czech Republic will sue EU over cuts in carbon emissions limit

The Czech government said Friday it will sue the European Commission over the cuts, it made to how much carbon...

Competition

T-Mobile ups connection speeds on 3G/HSDPA network

T-Mobile’s Hungarian mobile unit has started a phased migration to a 7.2Mbps maximum theoretical connection on its 3G/HSDPA network up...

Transport

US: Eastern Europe is this summer’s hot spot

According to AAA Travel, summer vacation bookings to Eastern Europe are skyrocketing. North America’s largest, full-service, leisure travel agency and...

Transport

Swedish cabin crew strike at air carrier SAS

Some 800 flight attendants employed by air carrier SAS Sweden went on strike early Friday after talks overnight failed to...

Pharma

The Linde Group to increase gas supply to Hungarian Chemical Company

Germany's Linde AG and the Hungarian chemical company BorsodChem Zrt have agreed to expand their cooperation regarding industrial gas supplies...

Deals

Eni doubles stake in Ceska Rafinerska refiner to 32.4%

Italy's biggest oil and natural gas company by volume, said Thursday it doubled its stake to 32.4% in Czech refiner...

Deals

Aeroflot eyes €900 mln bond placement for Alitalia stake

Russia's flagship air carrier Aeroflot said Thursday it was considering issuing €800-900 million ($1.075-1.2 billion) in bonds to buy a...

Pharma

Russian steelmaker raises stake in Italy’s Lucchini SpA

Leading Russian steelmaker Severstal said Thursday it had purchased a further 9% stake in Italian firm Lucchini SpA for €85.2...

Deals

Japan and EU overtake US growth

The Organization for Economic Development says that economic growth in other rich countries has overtaken the US this year....

Retail

MOL: new restaurant concept for petrol stations in Romania

MOL Romania, the local branch of the Hungarian petroleum group MOL, this year has begun a project entailing the construction...

Deals

EU praises Russia in fight on terrorism financing, money laundering

The European Union welcomes Russia's commitment to the ongoing international fight against terrorism financing and money laundering, the deputy head...

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...