Business

Automotive

European car sales rise led by Toyota, General Motors

European new car sales rose 1.1% in January, led by gains at Toyota Motor Corp. and General Motors Corp., as...

Pharma

Danone annual profit beats estimates on yogurt sales

Groupe Danone SA, the bottler of Evian mineral water, reported annual profit that beat analysts' estimates on sales of health-enhancing...

Interview

Germany says EU to dilute plans for breakup of energy companies – extended

European governments will probably stop short of forcing the breakup of energy companies to bolster competition in the electricity and...

Automotive

European car sales rise led by Toyota, General Motors

European new car sales rose 1.1% in January, led by gains at Toyota Motor Corp. and General Motors Corp., as...

Deals

Indesit profit rises 56% after relocating production

Indesit Co., the Italian maker of Hotpoint cookers and refrigerators, said fourth-quarter profit rose 56% after it introduced new products...

Deals

Cisco reclaims top spot in web-based phone-equipment

Cisco Systems Inc. recaptured the lead in the Internet-based phone-equipment market last quarter as Avaya Inc.'s share slipped to its...

Sustainability

Russian real estate draws $4.5 bln

Investment in Russian real estate grew by more than 35-fold in the past five years and will continue to expand,...

Interview

EU prepared to study alternative plans for energy utilities

European Union regulators are prepared to study alternatives to their proposal to break up power utilities, the EU's energy commissioner...

Pharma

Legislation would allow generic biotech drugs in US

Lawmakers in the US House and Senate introduced legislation that would for the first time routinely allow copies of medicines...

Deals

Unified Energy seeks to require investors to upgrade generators

OAO Unified Energy System, Russia's national power monopoly, will require investors in generating companies to upgrade and expand capacity to...

Deals

Hungary fines Pannonplast executives over insider trading

Hungary's financial regulator fined executives at Pannonplast Nyrt, a Hungarian plastic packaging maker turned stock-market investor, because of insider trading...

Deals

Danubius Hotels says 2006 profit increased on currency effect

Danubius Hotels Nyrt, which operates spa hotels across Eastern Europe and has a hotel at Regent's Park in London, said...

Automotive

Romania to pay car owners to junk old vehicles, buy new ones

Romania's government said it will spend 49.5 mln lei ($19 mln) this year to encourage owners of cars older than...

Deals

Five bidders now eyeing Alitalia

Italy has shortlisted five bidders for the auction to buy Alitalia....

Deals

International Marketing profit rises, meets estimates

International Marketing & Sales Group Plc, said full-year profit rose by half, meeting analysts' estimates, after the marketing company completed...

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...