Business

Deals

TriGránit expands into Russia, mulls future listing in Moscow

TriGránit Zrt, a Hungarian property developer that built east Europe's biggest shopping mall, will spend €5.5 billion ($7.1 billion) developing...

Competition

EU to threaten banks, credit card firms, draft says

European Union regulators will threaten banks and credit card companies with potential fines for blocking competition, according to a draft...

Deals

Orco Property developer plans to pay record dividend

Orco Property Group SA, a real estate developer focusing on eastern Europe, plans to raise its dividend to a record...

Deals

Pannonplast to report profit

Plastic maker Pannonplast Nyrt plans to publish its 2006 preliminary report on Thursday. The company is expected to post a...

Interview

Russia investors shouldn’t wait for Putin exit

Russia offers foreign investors a quicker return on their money than China and that won't change when President Vladimir Putin...

Interview

Italy’s pension costs may remain high until 2050

Italy's attempts to cut pension spending, among the highest in the European Union, are failing with costs projected to remain...

Deals

Hungary awards grants to Orco, Genex, RFV for stock listing

Hungary's government awarded grants to Orco Property Group SA, RFV Zrt and Genex Zrt to help them list on the...

Transport

EU, US plan to reach passenger-data agreement by end of June

European Union and US authorities plan to reach an agreement on screening airline passengers by the end of June, when...

Interview

Trade ministers agree to restart talks on global deal

Global trade ministers said they'll restart talks on a free-trade agreement, breathing life into the process without specifying how they'd...

Deals

Russia to transfer stake in Total’s oil unit to state

The Russian government plans to transfer a stake in an oil project led by Total SA to a state-owned company,...

Deals

Gold falls most in week as dollar gains erode investment appeal

Gold prices in New York fell the most in a week as a rally in the value of the dollar...

Pharma

Croatia tries to sell steel tube maker for $0.18 in 3rd attempt

Croatia is making a third attempt to sell unprofitable steel tube maker Valjaonica Cijevi Sisak d.o.o., this time for one...

Automotive

BMW’s 2006 revenue rises 5%, boosted by new 3-series

Bayerische Motoren Werke AG, the world's largest maker of luxury cars, said sales rose 5% to a record last year...

Deals

Magyar Telekom acquires Mobilpress

Magyar Telekom Nyrt the leading Hungarian telecommunications service provider, announced at the Budapest Stock Exchange (BÉT) web site that it...

Pharma

Proton Power says first fuel-cell powered ship to sail in 2008

Proton Power Systems, a German developer of hydrogen fuel-cell technology, said it expects the world's first fuel-cell powered ship to...

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...