Business

Retail

Microchip opens design center in Romania

US Microchip Technology Inc., provider of microcontroller and analog semiconductors, announced it has inaugurated a design center in Bucharest, Romania....

Deals

ThyssenKrupp Elevator acquires company in Croatia

ThyssenKrupp Elevator has acquired Koncar dizala i servis d.o.o., Zagreb....

Deals

Note book outshines Desktop in Q1- 2007

Driven by continuing demand for portable systems across the region, PC sales in Europe, Middle East & Africa (EMEA) outpaced...

Retail

Hungarian inspiration to help the orphans of the world

While many people might struggle to get out of bed after the end of a marriage, Karen Gordon got a...

Deals

Rosneft may swap assets with CNPC

OAO Rosneft is considering the options of using its shares it had bough out from OAO Yukos....

Retail

Rise in employment taxes leads to greater non-cash compensations

A rise in taxes on legal employment that has seen workers lose an average of 3.5% of their take-home pay...

Deals

Ruukki buys majority stake in Hungary’s Aprítógépgyár

Rautaruukki (Ruukki) said it has acquired a majority holding in Aprítógépgyár Zrt (AGJ), a Hungarian firm specializing in parts for...

Deals

Barclays to buy ABN Amro in world’s biggest banking merger – extended

British bank Barclays Plc and the Netherlands' ABN Amro NV announced Monday they have agreed to merge to create the...

Competition

Telco authority against loyalty contracts

Offers and contracts are not supposed to make it impossible or too expensive for customers to accept any more favorable...

Ecosystem

ConocoPhillips establishes $22.5 mln biofuels research program at Iowa

ConocoPhillips will establish an eight-year, $22.5 million research program at Iowa State University dedicated to developing technologies that produce biorenewable...

Interview

Ham radio lets ISS crewmembers connect with schools around the world

The Amateur Radio on the International Space Station (ARISS) program is having a very busy and successful April....

Interview

Speakers of V4 parliaments sign agreement on cooperation

Governments of V4 signed an agreement on the cooperation of their governments, meeting regularly once a year....

Interview

EU finance ministers meet in Berlin

The euro's strength against other currencies is "no reason to panic," Luxembourg Prime Minister Jean-Claude Juncker said Friday before he...

Competition

Samsung boss admits price fixing

A sixth executive of South Korean firm Samsung Electronics has pleaded guilty in the US to charges of fixing the...

Deals

Rosneft acquires more Yukos assets

Russia’s state-owned oil and gas giant Rosneft has acquired a further bundle of Yukos’ assets, this time through its wholly-owned...

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...