Business

Transport

Virgin Atlantic may fly to New York from continental Europe – extended

Virgin Atlantic Airways, the UK carrier controlled by billionaire Richard Branson, may start flying to the US from continental Europe...

Interview

EU says new-member economies most at risk to global stock drop

The economies of the European Union's newest members are the most vulnerable in the 27-nation bloc to a future extended...

Deals

3i buys Czech printing company, first eastern European buyout

3i Group Plc, Europe's biggest publicly traded private equity firm, agreed to buy Czech printer Euro-Druckservice AG in its first...

Interview

Estonia raises inflation forecast, further dimming euro entry

Estonia's Finance Ministry raised its inflation forecast for this year and next, putting further strain on the Baltic country's efforts...

Automotive

Russia’s Gazprom to begin trading German electricity

OAO Gazprom, the world's biggest natural-gas provider, plans to begin trading German electricity this week and may buy stakes in...

Competition

Hungarian regulator fines Tesco, Auchan for false advertising

Hungary's competition regulator fined Tesco Plc, Britain's biggest supermarket chain, and Auchan SA, France's third-largest grocer, for charging customers more...

Sustainability

R.G.I. reports profit of $88.3 mln, plans to sell shares – extended

R.G.I. International, a Moscow- based real estate developer that listed its shares in London in December, reported a profit for...

Deals

Rosneft borrowing $22 bln to buy assets in Yukos bankruptcy – extended

OAO Rosneft, Russia's state-run oil company, agreed to borrow $22 billion to buy assets in Russia and abroad, including those...

Automotive

Peugeot to decide whether to open Russian plant later this year

PSA Peugeot Citroen, Europe's second-largest carmaker, will decide whether to build a factory in Russia by the end of this...

Interview

Rice says missiles needed to defend Europe from Iran

Secretary of State Condoleezza Rice said the US plan for a missile defense system in Europe is intended to blunt...

Interview

Czech cabinet agrees to sell 7% CEZ stake via capital markets

The Czech government decided to sell part of its stake in CEZ AS, the country's biggest power company, as it...

Interview

Poland to cut bureaucracy, speeding up new-company registration

Poland's government pledged to get rid of bureaucratic obstacles for businesses, including cutting the waiting time to register a new...

Deals

ABN Amro shares surge on speculation about takeover

Shares of ABN Amro Holding NV surged to a record as the largest Dutch bank becomes a takeover target for...

Construction

Construction sector output down 2.9% yr/yr in January

Output volume of Hungary’s construction sector in January was down 2.9% in volume terms from a year earlier according to...

Automotive

Romanian February car sales jump 26% as currency boosts imports

Romanian new car sales rose 26% in February, driven by a boom in imports as a stronger local currency made...

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...