Business

Deals

Investment funds to shrink 30-40% as pension funds drop away

The elimination of mandatory pension funds could push investment funds to become more creative on the retail market. Fund managers...

Deals

Investment funds to shrink 30-40% as pension funds drop away

The elimination of mandatory pension funds could push investment funds to become more creative on the retail market. Fund managers...

Automotive

Groupama Garancia revenue from premiums climbs 7% in 2010

Hungarian insurer Groupama Garancia Biztosito had revenue from premiums of €338 million in 2010, up 6.9% from the previous year,...

Automotive

Groupama Garancia revenue from premiums climbs 7% in 2010

Hungarian insurer Groupama Garancia Biztosito had revenue from premiums of €338 million in 2010, up 6.9% from the previous year,...

Competition

Forint weakens on Middle East tensions

The forint traded at 272.05 to the euro late Tuesday, weakening from 270.88 on Monday as civil unrest continued in...

Competition

Forint weakens on Middle East tensions

The forint traded at 272.05 to the euro late Tuesday, weakening from 270.88 on Monday as civil unrest continued in...

Competition

Gov’t wants bigger share of retail for Hungarians

A stronger domestic economy is not possible without a significant part of it being in Hungarian hands, state secretary Kristóf...

Competition

Gov’t wants bigger share of retail for Hungarians

A stronger domestic economy is not possible without a significant part of it being in Hungarian hands, state secretary Kristóf...

Competition

Labor watchdog targets banks

Hungary’s labor inspectorate OMMF is set to launch a rigorous campaign to explore potential employment anomalies in the bank sector....

Competition

Labor watchdog targets banks

Hungary’s labor inspectorate OMMF is set to launch a rigorous campaign to explore potential employment anomalies in the bank sector....

Deals

MOL subsidiary to extract workers from Libya

INA, the Croatian subsidiary of Hungarian oil and gas major MOL has announced it is following the example of its...

Deals

MOL subsidiary to extract workers from Libya

INA, the Croatian subsidiary of Hungarian oil and gas major MOL has announced it is following the example of its...

Telco

ACE Telecom revenue climbs 21% in 2010

Hungary's ACE Telecom's revenue rose 21% to HUF 494 million in 2010, the company said....

Telco

ACE Telecom revenue climbs 21% in 2010

Hungary's ACE Telecom's revenue rose 21% to HUF 494 million in 2010, the company said....

Competition

Digital TV subscription number rises 38,000 in December

Hungary’s biggest digital television companies had 1,423,000 subscribers at the end of December 2010, up 38,000 from a month earlier,...

Business

Budapest’s District VI Adopts Outdoor Advertising Ban to Protect Historic Streetscape

Budapest’s District VI council approved a ban on outdoor advertising Thursday in order to protect Terézváros’ historic streetscape and reduce...

Sustainability

Enthusiastic Visionary Optimistic About Sustainable Future

Nándor Kovács jokingly describes himself as a “revolutionary” when it comes to real estate sustainability. Spend just a little time...

Pharma

Rooftop Breakfast Offers Helicopter View of AI’s Impact on Pharma

About 50 guests began their day in the beautiful setting of the Duchess Rooftop Bar of the Matild Palace Hotel...

Interview

Rethinking Data Strategies From Storage to Recovery

As Hungarian businesses manage increasingly fragmented data and face more sophisticated cyberthreats, reliable recovery is becoming a board-level priority....

Inside View

Investing in Hungary’s Wind Renaissance: What Wind Tender Means for Stakeholders

Hungary has launched its most ambitious wind energy initiative in nearly two decades, opening a new chapter in the country’s...

Older Small Cars Rise in Price as Hungary’s Budget Used-Car Supply Shrinks

Suzuki Swift asking prices rose 25.8% year-on-year in September as the share of used cars below HUF 2.5 mln shrank,...

Budapest’s District VI Adopts Outdoor Advertising Ban to Protect Historic Streetscape

Budapest’s District VI council approved a ban on outdoor advertising Thursday in order to protect Terézváros’ historic streetscape and reduce...

Lake Balaton Cycling Upgrades to Add Wider Paths and New Bridges

Nearly 20 km of the Lake Balaton cycling circuit will be renovated under two programs financed through EU and domestic...

Enthusiastic Visionary Optimistic About Sustainable Future

Nándor Kovács jokingly describes himself as a “revolutionary” when it comes to real estate sustainability. Spend just a little time...

Rooftop Breakfast Offers Helicopter View of AI’s Impact on Pharma

About 50 guests began their day in the beautiful setting of the Duchess Rooftop Bar of the Matild Palace Hotel...

Rethinking Data Strategies From Storage to Recovery

As Hungarian businesses manage increasingly fragmented data and face more sophisticated cyberthreats, reliable recovery is becoming a board-level priority....

Resident Evil Game Prices Rise Around Film Premiere

Physical console editions of several Resident Evil games rose in price around the film’s Sept. 17 theatrical release, according to...

FDA Accepts Richter’s Fylrevy Menopause Therapy Application for Review

The U.S. Food and Drug Administration (FDA) has accepted Gedeon Richter’s new drug application for Fylrevy, the Hungarian pharmaceutical company...

DUIHK Central to the German-Hungarian Bilateral Economic Relationship

Róbert Keszte became president of the German-Hungarian Chamber of Industry and Commerce (DUIHK) in 2025. In this interview with the...

Egis Opens Major Pharmaceutical Distribution Center in Fót

Egis has opened a distribution center in Fót with capacity for 30,000 pallets, expanding its finished-product logistics operations to support...

Civil Engineering Surge Masks Decline in Building Construction

Civil engineering output more than doubled in Hungary in August, while building construction declined and the volume of new contracts...

Workload Outweighs Pay as Source of Workplace Distress

Workload, lack of recognition and job insecurity drive workplace distress among Hungarian employees, while pay remains their top priority, according...

CBRE Hungary Expands China Desk as Chinese Clients Pursue European Projects

CBRE Hungary has appointed Tu Yunfeng as business development manager at its China Desk, expanding the Budapest-based team as Chinese...

Spar Files New EU Complaint Over Hungary’s Retail Tax

Spar has filed another complaint with the European Commission over Hungary’s retail sector tax, arguing that amendments offer relief only...

Investing in Hungary’s Wind Renaissance: What Wind Tender Means for Stakeholders

Hungary has launched its most ambitious wind energy initiative in nearly two decades, opening a new chapter in the country’s...