Business

Interview

Alitalia faces liquidation as buyers pull out

Italian airline Alitalia faced the prospect of liquidation after a business group that had mounted a rescue bid withdrew its...

Deals

Wall St rallies on crisis solution hopes

Wall Street had its best day in six years on Thursday as news the government is considering a more comprehensive...

Deals

Wall St rallies on crisis solution hopes

Wall Street had its best day in six years on Thursday as news the government is considering a more comprehensive...

Deals

Singapore’s GIC says to explore Morgan Stanley

The Government of Singapore Investment Corp (GIC), one of the world’s biggest sovereign funds, said on Thursday it may explore...

Deals

Singapore’s GIC says to explore Morgan Stanley

The Government of Singapore Investment Corp (GIC), one of the world’s biggest sovereign funds, said on Thursday it may explore...

Deals

Prokom close to selling Polnord to Pirelli – report

Italian conglomerate Pirelli&C is close to buying a controlling stake in Polish real estate developer Polnord for up to $277...

Deals

Prokom close to selling Polnord to Pirelli – report

Italian conglomerate Pirelli&C is close to buying a controlling stake in Polish real estate developer Polnord for up to $277...

Telco

FTSE up as central bank action settles nerves

The top share index gained 1.9% by midday on Thursday, led by financials as major central banks poured in billions...

Telco

FTSE up as central bank action settles nerves

The top share index gained 1.9% by midday on Thursday, led by financials as major central banks poured in billions...

Deals

OTP says on track for 2008 target, seeks divestments

Hungarian retail bank OTP is on track to meet its 2008 earnings targets but a difficult global environment will require...

Deals

OTP says on track for 2008 target, seeks divestments

Hungarian retail bank OTP is on track to meet its 2008 earnings targets but a difficult global environment will require...

Deals

Eminvest to pump $1 bln into SSAC

Emirates Investment and Development company (Emivest) will invest about $1 billion (3.678 billion dirham) in a US-based light executive jet...

Deals

Eminvest to pump $1 bln into SSAC

Emirates Investment and Development company (Emivest) will invest about $1 billion (3.678 billion dirham) in a US-based light executive jet...

Deals

Gold extends biggest-ever gain as funds seek safety

Gold rose as much as 3% to a more than six-week high on Thursday, extending its biggest ever one-day rise...

Deals

Gold extends biggest-ever gain as funds seek safety

Gold rose as much as 3% to a more than six-week high on Thursday, extending its biggest ever one-day rise...

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...