Business

Deals

Eurasia Gold to sell shares in London next month

Eurasia Gold Inc., a Kazakh-based gold miner part-owned by billionaire Viktor Vekselberg, plans to sell shares in London next month...

Interview

Gulf states must open markets, EU’s Mandelson says

Six Persian Gulf states negotiating a free trade agreement with the European Union must open their markets further to EU...

Competition

Simor „means a more dovish but pragmatic monetary council” City says

András Simor's appointment to head Hungary's central bank will mean a more dovish but still pragmatic monetary council, a major...

Deals

Gold, silver rise to 9-month high on demand for inflation hedge

Gold and silver climbed to nine-month highs as a rally in commodity prices spurred demand for precious metals as a...

Retail

UK seeks brokers to sell 2007 emission permits

The UK government invited brokers and traders to submit bids for the right to sell surplus carbon-dioxide emissions rights on...

HR

Almost half of London finance workers weigh job moves

Almost half of the workers in London's financial services industry are planning to change jobs even after getting the yearly...

Retail

Mexico’s Alfa gets EU approval to buy Norsk Hydro casting unit

European Union regulators approved Alfa SA's €416 mln ($546 mln) purchase of Norsk Hydro ASA's aluminum casting unit’s in Hungary,...

Transport

Boeing wins $609 mln Azerbaijan Airlines order

Boeing Co., the world's second-biggest commercial planemaker, won an order from Azerbaijan Airlines for five long-haul aircraft valued at $609...

Competition

Sanyo knocked by accounts probe

Shares in Japanese electronics giant Sanyo have sunk 21% on news that competition offices are probing its accounts....

Competition

Yamaha Motor says 3 employees arrested on helicopter exports

Yamaha Motor Corp., the world's second-largest motorcycle maker, said three of its employees were arrested for allegedly exporting remote-controlled helicopters...

Automotive

Nissan, Renault, Mahindra to build plant

Nissan Motor Co., Japan's third-biggest automaker, will join Renault SA and Mahindra & Mahindra Ltd.'s venture to build cars in...

Pharma

Hungarian November retail sales rose faster on drug stockpiling

Hungarian retail sales rose faster in December than in the previous month as consumers stepped up drug purchases in anticipation...

Telco

Telefonica’s Czech unit has profit on mobile revenue

Telefonica O2 Czech Republic AS, the country's largest phone company, increased profit by 28% last year as more lucrative mobile...

Pharma

CTP Invest buys Czech cathode-ray tube TV plant

CTP Invest, a closely held company that develops business parks, agreed to buy a Czech cathode-ray tube factory that previously...

Pharma

Continental AG profit rises on car electronics, tires

Continental AG, the world's fourth-largest tiremaker, said Q4 profit rose 64% as sales of car electronics and high-performance tires increased....

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...