Business

Competition

Plans for better, safer e-shopping in Europe

The numbers speak for themselves. Despite the potential of online shopping, only 6% of European consumers engage in cross-border e-commerce....

Pharma

Hankook tire’s four-wheel drive

This company is not the world's best in terms of sales volume. But when it comes to growth potential, it...

Competition

Rába and Scania sign supply deal

Hungarian running gear maker Rába Futómű Kft and Swedish Scania AS have signed a general contract for supply....

Interview

Czech Republic aims to adopt euro by 2012

The Czech Republic will aim to switch to the euro currency by 2012, the Finance Minister said Tuesday....

Interview

Emerging economies urged to do more for labor standards

Labor and employment ministers from the world's richest nations appealed Tuesday to developing countries and emerging economies to improve social...

Deals

Klepierre paying Elbit Medical €40 mln more for Eastern European malls

The French company Klepierre will be paying Elbit Medical Imaging roughly €40 million more, for four malls it bought from...

Pharma

Hungary’s top pharmaceutical companies feel austerity pinch

Two major Hungarian pharmaceutical manufacturers on Tuesday reported a significant loss in profits as a strong forint, the effects of...

Retail

Aging population bad news for the UK Cosmetics and Fragrances Industry

Research and Markets has announced the addition of Cosmetics And Fragrances Market Report Plus 2007 to their offering....

Telco

Wienerberger announces excellent results for Q1 of 2007

Group revenues up 32% to €507.3 million, EBITDA up 51% to €83.9 million, continuation of successful expansion and investment course,...

Retail

UN survey shows: More than 2 billion people without toilets

If the topic generates discomfort or shyness, the United Nations Monday recommended consideration of this fact: 2.6 billion people -...

Telco

China’s trade surplus slowing in 2007

China's trade surplus will hit $254 billion in 2007, a 42.8% year-on-year increase, but the rate of growth will begin...

Transport

Aviation growth hits all-time high

World's airlines offer 114,000 more flights and 17.7 million more seats year over year, 12 million more low cost seats,...

Deals

Israeli firm raising €75 mln for Central Europe real estate fund

Tamir Fishman means to raise €75 million ($102 million, NIS 412 million) for a new real estate fund already founded,...

Deals

Russian – British project, Golden Eagle to go on maiden trip

Golden Eagle, the Trans-Siberian de luxe express, will depart on its inaugural 14-day trip from Moscow to the Far East...

Deals

Poland’s PKP Intercity railways to spend $543 million to buy TGV

PKP Intercity wants to transport its passengers with TGV trains running over 200km/h. The railway company wants to buy 20...

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...