Business

Deals

US, EU will accept global financial reporting rules

US and European regulators pledged by 2009 to recognize each other's rules for how companies report financial data, a move...

Pharma

Kety of Poland may buy German auto-parts maker for €50 mln

Grupa Kety SA, Poland's largest aluminum-products maker, may buy a German producer of car parts for as much as €50...

Pharma

Continental in regular talks with Siemens on VDO unit

Continental AG, the world's fourth-largest tiremaker, said it's still interested in purchasing Siemens AG's VDO automotive components division and is...

Automotive

Czech new car sales rise 13% in first two months, led by Skoda

Czech new car sales rose 13% in the first two months of the year, led by models of domestic producer...

Deals

Citigroup offers $10.8 bln to buy Nikko Cordial

Citigroup Inc. offered ¥1.25 trillion ($10.8 bln) to buy its investment-banking partner Nikko Cordial Corp., the company's biggest takeover bid...

Sustainability

Globe Trade to invest €42 mln in real estate in Croatia

Globe Trade Centre SA, Poland's largest property developer by market value, will invest €42 mln ($55 mln) in office and...

Telco

Europe’s economy accelerates, led by fastest exports in 6 years

Europe's economic growth accelerated in the fourth quarter as exports increased at the fastest pace in six years....

Automotive

Romanian January net average monthly wages rise 11% on year

Net wages in Romania, which the central bank says are the main threat to its inflation target, rose an average...

Transport

SkyEurope February passenger numbers rise 40% on more flights

SkyEurope Airlines, a Slovak low-cost carrier, said February passenger numbers rose 40% after the company's planes flew more hours....

Competition

Germany prepares pollution-dependent landing fees for flights

The German government is working on rules that would make landing fees for airlines dependent on the pollution caused by...

Pharma

GM adds new diesel to European Cadillac to spur non-US sales

General Motors Corp. will add a new diesel engine to Cadillac CTS sedans in Europe in 2009 as the world's...

Automotive

Car firms bat back on green issue

Green technology is high on the agenda as the car industry gathers for its annual jamboree in Geneva....

Telco

GM sees continued sales growth in Eastern Europe

General Motors Corp., the world's largest automaker, expects sales in Ukraine and Russia to lead the company's growth in Eastern...

Interview

Tito Yacht, priced at €180,000, goes on sale in Montenegro

A yacht used by former Yugoslav leader Josip Broz Tito to entertain local politicians is going on sale for €180,000...

Retail

Bosnia invites offers for largest aluminum smelter in Balkans

Bosnia invited offers for an 88% stake in its sole aluminum smelter, Aluminij Mostar, at a starting price of €76.8...

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...