Business

Deals

Ryanair to expand services from new hub

Ryanair Holdings PLC said Thursday it was expanding its route network for its newest hub in Bremen, northwest Germany....

Deals

Siemens facing US probe

Siemens AG said Thursday, it faces a widening investigation into bribery allegations that have spurred both its chief executive and...

Pharma

Russia’s achievements in hydrogen energy arouse great interest in Hanover

Russia's achievements in producing energy using hydrogen fostered great interest at the annual industrial fair in Hanover, Germany, said Boris...

Pharma

Why Eastern Europe has emerged as an electronics hotbed

When it comes to emerging markets, India and China usually are at the top of the list. However, Eastern Europe,...

Automotive

China and India are world’s fastest growing car markets

China and India have joined the ranks of the world's biggest car owners as millions of people swap their motorcycles...

Competition

Austrian plans to make bribing of politicians a crime

A new law drafted by Austria's justice ministry says that bribing members of parliament is to become a criminal offence...

Pharma

Nanotechnology process for recycling tires selected by EU Recycle Tire Program – extended

A new nanotechnology application would allow the automotive industry to meet EU directives for recycling tires and would also reduce...

Telco

SMEs and traders push for effective liberalization of EU energy markets

Quasi-monopolistic structures across most EU countries are leaving small businesses with no real choice of supplier as energy markets prepare...

Transport

Wizz Air pursues £500 mln ticket

Wizz Air, the low-fare airline that has built a business shuttling Polish and Hungarian workers to Western Europe, is planning...

Sustainability

Skanska invests commercial projects in Poland and Czech Republic

Swedish Skanska AB is starting three new commercial development projects in Central Europe totaling about 620 million kronor ($91.45 million)....

Automotive

Hyundai, Kia aim to boost auto sales in Europe to 1.22 mln units by 2010

Hyundai Motor Co., South Korea's largest automaker, and its affiliate Kia Motors Corp. plan to raise their annual sales in...

Telco

EU carbon prices at 4-month highs

Benchmark carbon prices have hit their highest levels this year, the December 2008 EUA contract touching €18.00 on the European...

Interview

Poland’s GDP growth in 2006 revised to 6.1%

Poland's GDP grew by 6.1% in 2006, up from earlier estimates of 5.8%, the Polish Central Statistical Office (GUS) said...

Deals

Acquisition of Eurmatik proclaimed by Coca-Cola HBC

Eurmatik has a long tradition in the Italian vending industry and is currently operating in all segments of the vending...

Pharma

Amcor to slash European jobs

Australian packaging giant Amcor Ltd will shed almost one-eighth of its European workforce and reduce the number of its manufacturing...

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...