Business

Interview

Fidesz MEPs reject PM’s invitation for consultation

Prime Minister Ferenc Gyurcsány invited on Wednesday Hungary's members of the European Parliament for a meeting to discuss cooperation between...

Transport

Wizz Air to lease Airbus aircraft from GE

Hungarian low-fare airline Wizz Air Kft has signed an agreement with GE Commercial Aviation Services (GECAS) to lease four new...

Competition

Démász share withdrawal from Budapest bourse moved to December 1

Shares of Démász Nyrt, Hungary's biggest power distributor, will be de-listed from the Budapest bourse December 1, a day later...

Retail

EU set to give new carbon permits – extended

The European Union is to establish carbon limits for the second phase of the carbon trading scheme, a key way...

Sustainability

Investment volume in Hungary down in Q3

Investment volume in Hungary fell 3.8% yr/yr to Ft 1,132.9 billion at current prices in the 3Q of 2006, preliminary...

Automotive

GM planning to build three Chevrolet models in Warsaw

General Motors Corp., the world's largest automaker, plans within two years to begin producing three Chevrolet models at a plant...

Interview

Czech Republic blocks EU alcohol tax boost in defense of beer

The Czech Republic blocked a EU proposal to boost taxes on beer and liquor, refusing any increase while wine remains...

Telco

EQNet buys rival ISP, plans share sale

EQNet Zrt, a privately owned Hungarian internet provider, is buying rivals before selling shares to the public in coming years...

Interview

Czech, Hungarian GDP growth to slow on budget woes

Hungarian and Czech economic growth will slow next year as governments slash deficits, while other eastern European Union nations enjoy...

Pharma

Richter subsidiaries buy Romanian drug retailer Bioplus Pharm

Two subsidiaries of Hungary's leading drugmaker Richter Gedeon, Gedeon Richter Romania S.A. and Armedica Trading, have acquired Romanian pharma retailer...

Interview

EU finance ministers clash over threat of stronger euro

European finance ministers clashed over the threat posed to the region's economy by the stronger euro, with France's Thierry Breton...

Deals

Croatia sets price of 1,690 kuna for shares in oil company Ina

The Croatian government said it will sell 15 to 17% of the oil company d.d. for 1,690 kuna (€230.85) a...

Retail

Parliament passes pension law

New legislation restricting early retirement was passed by Parliament yesterday in a bid to encourage employees in their late 50s...

Deals

CRM software market grows at brisk pace

The market for Hungary's five largest suppliers of Customer Relations Management (CRM) software is worth approximately Ft 600 million (€2.33...

Deals

HitEx Zrt to offer commercial loans

In addition to strengthening its automobile financing operations, HitEx Zrt plans to start offering personal and commercial loans as well...

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...