Business

Telco

Állami Nyomda reported 2006 profit over Ft 1 bln

Hungarian printing company Állami Nyomda's profits rose 23.4% to Ft 1.06 billion in 2006, increasing at about the same pace...

Retail

Microsoft says Orange and T-Mobile will use new mobile software

Microsoft Corp., the world's largest software maker, announced an accord to put its new mobile operating system onto phones from...

Interview

ECB’s Trichet says carry trade poses financial risk

European Central Bank President Jean-Claude Trichet said so-called carry trades pose a risk to financial stability, stepping up his warning...

Interview

EU’s Fischer Boel presses US Congress on subsidies

The US Congress must roll back the 2002 increase in farm subsidies this year if it is serious about getting...

Pharma

Ericsson in talks with Romania to start global support center

Ericsson AB, the world's biggest maker of wireless networks, said it may set up a global support center in Romania...

Telco

Hungary’s biggest companies may say profit fell on forint gains

Hungary's biggest companies, including oil refiner Mol Nyrt and OTP Bank Nyrt, will probably report lower profit or slower growth...

Deals

Romanian 2006 trade deficit widens as leu gains boost imports

Romania's trade deficit widened last year as the leu strengthened against almost all other world currencies, making imports cheaper, and...

Deals

Kazakh property firm Chagala seeks $120 mln in London IPO

Chagala Group Ltd., a Kazakhstan property company, is seeking to raise as much as $120 million in an initial public...

Automotive

Customs Office announces registration tax refunds

Owners of vehicles registered between May 1, 2004 and December 31, 2005 may apply for a partial refund of their...

Deals

Coloplast net falls 13% on costs from mentor purchase

Coloplast A/S, Europe's largest maker of colostomy products, said Q1 profit fell 13% on costs related to the purchase of...

Deals

Croatia calls new tender for steelmaker as investor backs out

Croatia will invite new bids for its unprofitable steelmaker, Zeljezara Split d.d., after a Ukrainian investor the government chose for...

Automotive

Car makers blame drivers over CO2

The car industry has responded to calls from Brussels' for cleaner low emission cars - saying that they already exist....

Deals

Orco plans share sale, listing in Warsaw, Budapest

Orco Property Group SA, a real-estate developer mainly operating in eastern Europe, said it plans to sell new shares and...

Deals

GE Money and Al-Futtaim Group joint ventura in UAE

GE Money, the global consumer-lending unit of General Electric Company and Al-Futtaim Group, the leading UAE business conglomerate, today signed...

Interview

Mobile-phone operators may escape fines under EU roaming law

Mobile-phone operators such as Vodafone Group Plc may be able to ignore a proposed European Union law setting price caps...

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...