Business

Transport

Hungary chooses KrasAir for final talks to buy Malév Airline – extended

Hungary selected AirBridge Zrt, a local investment vehicle for OAO KrasAir, over a Lithuanian competitor for final talks to sell...

Competition

Electricity liberalization to create price gaps

The planned liberalization of the electricity market, the abolishment of the centrally set price, is likely to create regional differences...

Competition

EU may propose new rules to help boost online content sales

European Union regulators may propose new rules aimed at helping film, music and video game producers sell their products online....

Deals

Gold falls after rally fails to break $650, deterring investors

Gold fell in London after a two-day rally failed to push the precious metal over $650 an ounce, triggering selling...

Retail

H&M Q4 profit gain tops analyst estimates

Hennes & Mauritz AB, Europe's second-largest clothing retailer, said Q4 profit increased 18%, beating analysts' estimates, as the company spent...

Transport

Silverjet sales beat forecasts; airline starts flying

Silverjet Plc, a trans-Atlantic business class-only airline whose inaugural flight departed from London today, said ticket sales have exceeded the...

Deals

Industrious industrial parks

The industrial real estate market can be referred to as pleasantly stable, for it does not react sensitively to market...

Interview

Germany wants globalization push

Western leaders must convince voters of the benefits of globalization, German Chancellor Angela Merkel has said...

Automotive

Suzuki to raise 2007 sales 8% on overseas demand – extended

Suzuki Motor Corp., Japan's fourth-largest automaker, plans to raise sales 8% this year as overseas demand for its compact cars...

Telco

Magyar Telekom deputy CEO Pásztory to leave post by March 30

Magyar Telekom Nyrt deputy CEO Tamás Pásztory will resign from his post at Hungary's largest phone operator by March 30....

Deals

EU threatens to sue insurers that quash competition

European Union antitrust regulators threatened to sue insurers and challenged industry practices such as long-term contracts and standard policies after...

Interview

EU says RAI, Mediaset must repay 2004, 2005 decoder subsidies

European Union regulators said Italy's RAI state television network and private broadcaster Mediaset SpA must repay €200 million ($260 million)...

Competition

EU fines Siemens, Areva, Alstom over price-fixing

European authorities fined Siemens AG, Areva SA, Alstom SA, Schneider Electric SA and six competitors €750.7 mln ($977 million) for...

Automotive

Toyota sees 40% jump in ’07 global hybrid sales

Toyota Motor Corp. said on Wednesday it is aiming for a 40% jump in its global sales of gas-electric hybrid...

Automotive

Ford joins US „green” car trend

Ford has become the latest US car maker to unveil a test vehicle that runs on green alternative fuels....

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...