Business

Competition

Wisconsin trade mission targets Central Europe

The World Trade Center of Wisconsin will lead a business mission to Central Europe in June....

Competition

Global Minerals signs agreement to re-activate Slovakian Strieborna silver copper antimony mine

Canadian Global Minerals Ltd. has entered into an agreement to form a joint venture to develop the Strieborna silver copper...

Automotive

European new car sales weak in Q1

According to the ACEA, European new car sales were weak in the Q1 of 2007 – some 0.3% down on...

Competition

Elanders signs on for a three-year partnership with Electrolux

Elanders has entered into a three-year agreement with Electrolux concerning the production of user documentation for Electrolux. The value of...

Automotive

Nissan Mexicana to introduce a new compact sedan

Nissan Mexicana announced today it will introduce a new compact sedan to the Mexican market based on the Renault Logan....

Interview

WTO: China overtakes US in exports

China surpassed the United States as the world’s second-largest exporter in the middle of last year, according to figures released...

HR

Sanyo opens new factory

Electronic equipment manufacturer Sanyo Hungary Kft commenced production yesterday at its plant in Dorog Northern Hungary....

Pharma

Google plans to open operations center in Poland

Google plans to open an operations center in the Polish city of Wroclaw later this year, creating 200 new jobs...

Interview

Leaders set trade deal deadline

Trade ministers from six of the world's leading industrial countries have said they are committed to finishing global negotiations by...

Deals

SkyEurope ordered five new Boeings 737-700 NG

SkyEurope Airlines announce the increase of total orders for Next Generation 737 jetliners to 26 by converting five purchase rights...

Deals

Report: Russia’s Evraz steelmaker in talks to buy steelmaker Ipsco

Russia's biggest steelmaker, Evraz Group SA, which completed a major acquisition in the US at the start of the year,...

Deals

Hungary’s MOL bid for Montenegro oil firm Bonus not seen as ‘significant’

Press reports that oil company MOL Nyrt is planning to a buy a stake in state-owned Montenegro oil sector company...

Deals

Russia’s Mechel co. files bid for Croatia’s Zeljezara Split

OAO Mechel one of Russia's leading mining and metals companies, said Thursday it has filed a bid for a tender...

Interview

Skoda Auto wage talks may lead to unprecedented demands elsewhere

In culminating tough wage talks at a flagship of the Czech industry, Volkswagen-owned Skoda Auto made a final offer that...

Pharma

World economy set for robust growth, IMF says

The world economy is set to grow briskly in 2007-08, heading for a „soft landing” despite this year's stock- market...

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...