Business

Pharma

Total, Tesco test UK fuel after motorist complaints

Total SA said it was examining the fuel its sells in the UK after customers complained their cars were malfunctioning....

Interview

EU threatens Taiwan with WTO complaint over Philips CD patents

The European Union threatened Taiwan with a World Trade Organization complaint over the use of compact-disc technology, seeking to protect...

Sustainability

Home building permits down 12.9% in 2006

Hungary's building market continued to show signs of a slowdown in 2006, with the number of new home building permits...

Telco

BMW, Daimler to co-develop hybrids for premium cars

German carmakers BMW and DaimlerChrysler have agreed to co-develop hybrid transmission systems for rear-wheel-drive premium cars, they said on Thursday....

Sustainability

Home building permits down 12.9% in 2006

The number of completed homes in the capital fell 33%, according to the new KSH report today....

Telco

Deutsche Telekom has loss on costs, client defections

Deutsche Telekom AG, Europe's largest telephone company, reported a fourth-quarter loss after taking costs to eliminate jobs and half a...

Retail

Briatore, Formula 1 team boss, expands „Billionaire” boutiques

Flavio Briatore, the Italian millionaire who runs the Renault Formula One motor-racing team, opens his fifth „Billionaire” fashion boutique today...

Competition

Siemens, Nokia win $750 mln order from Telenor in Pakistan

Siemens AG and Nokia Oyj, which are merging their phone-equipment’s units, won an order worth as much as $750 mln...

Automotive

Audi forecasts another record year after 2006 earnings surge

Audi AG, Volkswagen AG's luxury car division, forecast record results in 2007 after profit surged last year on sales of...

Pharma

Lithuanian economy grew revised 6.9% in Q4

Lithuania's economy, the biggest of the European Union's three Baltic states, expanded an annual 6.9% in the Q4, led by...

Automotive

Batmobile fetches £119,000 after bidding war in London

A shopper with £119,000 ($233,000) to spare went away with a vehicle fit for a superhero when a Batmobile from...

Deals

MOL increases stake in TVK Petrochemicals unit to 76%

Mol, Hungary's biggest energy company, increased its stake in petrochemicals company TVK Nyrt to about 76%....

Competition

Cheaper roaming – MEPs debate draft report on mobile charges

A single cap on wholesale roaming prices, an optional „Euro Tariff” and scrapping the transition period for the industry -...

Interview

AAA Auto to decide on share sale in 2-3 months

AAA Auto AS, the largest second-hand car dealership in central Europe, will decide in two to three months on how...

Pharma

Airbus to announce major job cuts

Troubled planemaker Airbus is preparing to announce up to 10,000 job losses at key operating sites across Europe....

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...