Business

Deals

Graphisoft to sell Construction Division to management

Hungarian building software company Graphisoft today announced, it signed an agreement on April 30 with VICO Software, a company owned...

Interview

Czech government to introduce reform package

The Czech centre-right coalition plans to introduce Tuesday a package on welfare, health care and tax reforms including a flat...

Deals

Three ready to submit Chrysler Group bids

Two US private-equity firms and a Canadian auto supplier are close to bidding for DaimlerChrysler's troubled Chrysler Group, a published...

Interview

Czech premier defends US missile system decision

Czech Prime Minister Mirek Topolanek on Friday defended his nation's decision to enter into negotiations with the United States about...

Pharma

GM to decide on fuel cells in 2010

General Motors will decide in 2010 whether to go into mass production with cars powered by fuel cells running on...

Competition

Telenor steps up fight on Altimo „propaganda”

Telenor has written directly to members of Altimo's international advisory board, including the former foreign secretary Lord Hurd, appealing for...

Deals

KBC Lease completes acquisition of majority stake in Romstal Leasing in Romania

Following the announcement on 15 December 2006, KBC Lease today closed the deal to acquire 99.34% of Romstal Leasing, the...

Interview

CzechRep, Hungary interested in removing barriers in EU

Czech PM Mirek Topolanek believes that the Czech Republic and Hungary have a joint interest in removing barriers in Europe,...

Competition

Vodafone Hungary to launch 3G & HSDPA services

Vodafone Hungary, a wholly owned subsidiary of Vodafone Group Plc, will launch 3G (third generation) and High Speed Downlink Packet...

Deals

Rosneft takes control of Sinopec Sakhalin JV

Russian state oil firm Rosneft has taken control of a joint venture with China's Sinopec based on Russia's Pacific oil...

Automotive

BMW unveils India assembly plant

German carmaker BMW has unveiled its first assembly plant in Chennai, India's fourth largest city....

Deals

Ex-Enron lawyers in fraud charge

Two former lawyers at bankrupt energy firm Enron have been charged by the US Securities and Exchange Commission (SEC) with...

Pharma

Sony, relying on Europe for sales, shows off new products

In order to handle the manufacturing capacity, Sony will open a television plant in Nitra, Slovakia....

Deals

Rosneft wins Yukos assets

Russian state-owned oil major OAO Rosneft bought a 9.44% share of its own stock from bankrupt oil firm OAO Yukos...

Interview

Governing coalition in Romania near collapse

Less than three months after Romania joined the European Union, the facade of good behavior and unity of its politicians...

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...