Business

Deals

Watchdog gives nod to Vienna Bourse to acquire majority stake in Budapest peer

Hungary's financial market watchdog PSzÁF said it approved the Vienna Bourse's request to acquire up to 50.45% of the Budapest...

Competition

Hungary slips in Transparency International ranking

Hungary fell eight positions from last year to 47th on Transparency International's 2008 Corruption Perceptions Index....

Deals

US bailout plan hits snags, keeps markets on edge

Haggling over a $700 billion bailout to tackle the worst US financial crisis since the Great Depression looked set to...

Deals

Philips confirms lighting unit outlook

Dutch Philips Electronics said its lighting unit was on track to achieve its earning before interest, taxes and amortization (EBITA)...

Deals

US bailout plan hits snags, keeps markets on edge

Haggling over a $700 billion bailout to tackle the worst US financial crisis since the Great Depression looked set to...

Deals

Philips confirms lighting unit outlook

Dutch Philips Electronics said its lighting unit was on track to achieve its earning before interest, taxes and amortization (EBITA)...

Retail

Microsoft cuts prices in China to fight piracy

Microsoft Corp has cut the selling price in China of one of its software products by over 70% to counter...

Retail

Microsoft cuts prices in China to fight piracy

Microsoft Corp has cut the selling price in China of one of its software products by over 70% to counter...

Automotive

Chrysler talks to A123 for electric car batteries

US car maker Chrysler LLC is in advanced talks to use batteries made by A123 Systems Inc in an electric...

Automotive

Chrysler talks to A123 for electric car batteries

US car maker Chrysler LLC is in advanced talks to use batteries made by A123 Systems Inc in an electric...

Deals

AIG CEO expects “for sale” list next week

American International Group Inc should have a list of assets it wants to sell by next week, its new chief...

Deals

AIG CEO expects “for sale” list next week

American International Group Inc should have a list of assets it wants to sell by next week, its new chief...

Competition

McAfee to pay $465 million for Secure Computing

McAfee Inc, the world's No. 2 security software maker, said it plans to buy Internet security company Secure Computing Corp...

Competition

McAfee to pay $465 million for Secure Computing

McAfee Inc, the world's No. 2 security software maker, said it plans to buy Internet security company Secure Computing Corp...

Deals

MOL plans to boost Austrian petrol station number

Hungarian oil and gas company MOL has plans to boost its number of petrol stations in Austria to 100 by...

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...

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...

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...

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...