Business

Deals

Vienna Stock Exchange will bid for Slovenia, Bulgaria bourses

The Vienna Stock Exchange is bidding for a stake in Bulgaria's bourse and is prepared to place a bid for...

Pharma

Bill Gates opens Microsoft European support center in Romania

Microsoft Corp. Chairman Bill Gates opened a $16 mln center in Romania to offer technical support to customers throughout Europe....

Deals

IMF should sell some gold to cover losses

The International Monetary Fund should sell some gold to cover losses, said an advisory panel that includes former Federal Reserve...

Interview

Czech Finance chief wants to set euro adoption target in March

Czech Finance Minister Miroslav Kalousek said he wants a new date to be set for euro adoption so the country...

Automotive

Glos says EU’s CO2 target „unacceptable,” hurts German industry

German Economy Minister Michael Glos rebuffed as „unacceptable” a European Union plan to set limits on carbon-dioxide emissions for cars...

Interview

Polish central bank keeps rates unchanged 11th month

Poland's central bank left the benchmark interest rate at a record-low 4% for an 11th month as consumer-price growth remains...

Deals

Romanian 2006 budget gap widens to 1.7% of GDP

Romania's state budget deficit widened to 1.7% of GDP last year as spending increased before the country joined the European...

Interview

EU finance chiefs say economy is beating expectations

European Union finance chiefs said the economy of the €13 nations is beating expectations as the new year begins....

Deals

BNP Paribas may take direct control of BNL’s foreign units

Banca Nazionale del Lavoro SpA, the Italian lender owned by France's BNP Paribas SA, said its board is considering a...

Deals

Gold gains on concern energy costs may rebound, spur inflation

Gold prices rose in New York on speculation higher energy costs will boost the appeal of the precious metal as...

Retail

GE Capital fined over mis-selling

GE Capital - the bank which is behind many High Street store cards - has been fined £610,000 ($1.2 mln)...

Pharma

Richter, Egis say new Hungarian drug funding law to cut profits

Richter Gedeon Nyrt and Egis Nyrt executives said today they'll make cuts to their Hungarian operations after the government introduced...

Deals

Russia’s Polymetal seeks as much as $960 mln through IPO – extended

OAO MNPO Polymetal, Russia's biggest silver-mining company, plans to raise as much as $960 million from an initial public offering...

Transport

Swissair expanded into Poland to fill „huge hole”

Swissair Group invested in Poland's national carrier to try to fill a „huge hole” in eastern Europe, former CEO Philippe...

Deals

Alitalia sale attracts 11 potential bidders

Initial interest in the sale of Alitalia far exceeded expectations with 11 groups saying they could go on to bid...

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...