Business

Telco

Adecco’s Q3 profit rises 38% on skilled staffing

Adecco, the world's biggest temporary employment company, said Q3 profit rose 38% on demand for professional staffing. Net income increased...

Deals

WildHorse shares surge on uranium explorer’s trading debut

WildHorse today also said it won two uranium exploration licenses in southern Hungary....

Retail

Microsoft and Novell reach deal on Linux

Microsoft struck an alliance with one of the leading open-source software companies on Thursday, signalling what could come to be...

Telco

Hungary’s top companies may say profit rose on foreign sales

Hungary's biggest three companies may post higher Q3 profit after sales from outside the country shielded them from stalled economic...

Interview

Hungarian secret service files blame far-right groups for riot

Hungary opened secret service reports on the October 23 riots in Budapest and claimed far-right political groups incited some of...

Sustainability

Home building permits down 18.6% in Q1-Q3 2006

Hungary's building market continued to show signs of a slowdown in January-September 2006, with the number of new home building...

Pharma

Funai to spend ¥7 bln on Polish LCD TV factory

Funai the Japanese maker of Emerson consumer electronics, will invest ¥7 billion (€47 million) in a liquid-crystal display television factory...

Sustainability

Russian commercial property investment surges 10-fold to record

Russia's commercial real estate market is attracting a record amount of investment as surging economic growth drives demand and prices...

Telco

Bosnian Serbs again extend deadline for Telekom Srpske bids

The Bosnian Serb government, which is selling a controlling stake in Telekom Srpske, extended a deadline for accepting offers for...

Deals

BKV to improve night shift service

One of the new lines, number 937, following west European example, will have a stretch of route where passengers have...

Automotive

DaimlerChrysler’s Mercedes lifts European carmakers’ US sales

DaimlerChrysler AG's Mercedes boosted US sales by 12% in October, helped by demand for models including its R-class crossover vehicle,...

Interview

Half of homeless in central London come from Eastern Europe

Half of the homeless people in central London come from Eastern Europe, according to a report, as the UK government...

Deals

Mol closes purchase of NWOG-MOL after approval by Russian competition office

Hungarian oil and gas company Mol Nyrt closed on Tuesday the purchase of 100% of NWOG-MOL from Russia's North-West Oil...

Deals

Antibiotice gets interest from drugmakers, funds

Antibiotice, the lone state-owned Romanian pharmaceutical company, attracted interest from 22 possible bidders from the US, Europe and Asia as...

Automotive

Suzuki shares gain after raising forecast on higher car demand

Shares of Suzuki Motor Corp., Japan's biggest minicar maker, rose as much as 3% after the company raised its full-year...

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...