Business

Telco

T-Mobile says emerging market phone-asset prices are „inflated”

T-Mobile International AG CEO Hamid Akhavan said phone assets in emerging markets such as India and Latin America are overvalued...

Sustainability

Worldwide office rents rose 12% in 2006

Office rents rose an average 12% around the world last year, driven by worldwide economic expansion, with Mumbai increasing enough...

Competition

Gaz de France revenue rises 21% on higher gas prices

Gaz de France SA, the operator of Europe's biggest natural-gas network, said full-year revenue rose 21% as it benefited from...

Pharma

EDF says Q4 sales rise 3.8% on higher prices

Electricite de France, Europe's biggest power generator, said Q4 revenue rose 3.8% as it benefited from higher regulated power prices....

Pharma

Rosneft to build $7 bln refinery on Russia’s Pacific coast

OAO Rosneft, Russia's state oil company, plans to build a $7 bln refinery at the end of a planned pipeline...

Automotive

Highland Gold’s H2 output drops 21%

Highland Gold Mining Ltd., a British company that produces gold in Russia, said H2 output dropped 21% due to lower...

Deals

Cinema City to open new movie theaters in three Romanian cities

Cinema City International NV, central Europe's largest multiplex cinema operator, will open new movie theaters in three Romanian cities as...

Pharma

DHL to spend $23 mln building new Hungarian hub

Deutsche Post AG's DHL Express plans to spend Ft 4.5 billion ($23 mln) building a distribution hub in Hungary, Világgazdaság...

Telco

Rába, Hungarian car parts maker, posts profit on regional sales

Rába Nyrt, a Hungarian maker of vehicle parts and military trucks, reported higher Q4 profit after sales in eastern Europe...

Transport

BA launches new baggage charges

British Airways has launched its new excess baggage rules which will see passengers pay to check in a second piece...

Telco

Magyar Telekom quarterly profit rises on new units

Magyar Telekom Nyrt, Hungary's former telephone monopoly, said Q4 profit rose 21.7%, helped by revenue from two computer units....

Deals

Siemens boss rules out resigning

Siemens CEO Klaus Kleinfeld has ruled out resigning over a corruption probe at the German company....

Deals

Siemens, 15 others get record fine by Czech regulator

Siemens AG, Europe's biggest engineering company, and 15 other makers of electricity network equipment were fined a record 979 mln...

Telco

Coloplast sells breast unit for $133 mln

Coloplast A/S, Europe's largest maker of colostomy products, agreed to sell its breast-care unit to a German buyout firm for...

Deals

Bridgepoint hires advent’s Tan for Central European expansion

Bridgepoint Capital Ltd., manager of a €2.5 bln ($3.3 bln) European buyout fund, hired Advent International's Poland chief Khai Tan...

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...