Business

Transport

Airbus: Delivery of Wizz Air’s first A320 with new cabin

Wizz Air has taken delivery of the first of 32 directly purchased A320s, which is featuring the all new A320...

Deals

Britain’s Synovate to take over a firm in Russia

In an effort to get a stronger footing in Russia, Britain's Synovate intends to buy out a local firm, choosing,...

Pharma

Blackstone confirms $3 billion investment from China

The Blackstone Group, the US second largest private equity investment company, has confirmed that the soon-to-be-established China's State Investment Company...

Deals

Aeroflot seeks $1.2 bln loan to buy Alitalia

Russian airline Aeroflot is seeking up to $1.2 billion in loans from western banks to fund its purchase of 39.9%...

Competition

EU member states back new rules on consumer loans

The European Union member states agreed on Monday to set EU-wide rules on consumer loans, which will facilitate transnational borrowing...

Deals

ThyssenKrupp buys companies in Poland and the Czech Republic

Germany's largest steelmaker ThyssenKrupp bought stakes in Poland and the Czech Republic to expand its business providing services to the...

Competition

Italian companies to invest in Romanian agriculture

"Italy, the fifth largest foreign investor in Romania. Over 100 Italian companies will carry on investments in the Romanian agriculture...

Deals

Deripaska raises stake in Hochtief to 9.99%

Russian businessman Oleg Deripaska has raised his stake in Hochtief Germany's largest construction company, to just under 10% from the...

Deals

G8 finance ministers pledge vigilance on hedge funds

Finance ministers from the Group of Eight major industrial nations pledged on Saturday to be 'vigilant' on the risks of...

Deals

Shafir Engineering to build 3,000 apartments in Eastern Europe

The company will finance the projects with proceeds from its NIS 150 million ($37.5 million) IPO in Romania and Serbia....

Interview

Russia to demand lower EU agriculture subsidies after joining WTO

Russia will demand that the European Union reduce state subsidies to domestic agricultural producers after the country joins the World...

Competition

British Airways profits hit by provisions over surcharge fines

British Airways (BA) Friday announced annual pre-tax profits of £616 million ($1.2 billion) after setting aside a staggering £350 million...

Deals

Hungary to change energy policy to enhance competitiveness

Hungary plans to carry out an energy reform to strengthen its competitiveness, State Secretary of the Economic Ministry Balázs Felsmann...

Deals

Foreign investors withdraw from China’s markets fearing downturn

Foreign institutions are divesting their portfolios of yuan-denominated A shares in China's soaring stock markets in favor of cheaper stocks...

Automotive

Successful financial year end results in 2006 for MSC

Having followed a dynamic increase of last years, Magyar Suzuki Corporation managed again to achieve excellent results in financial year...

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...