Business

Retail

World’s most expensive and ultra luxurious LCD TV launched

German company Schaub Lorenz has unveiled the world’s most expensive and ultra luxurious LCD TV in the Middle East market...

Deals

Goldman, Morgan Stanley face biggest market test

Bear Stearns melted down in March and has disappeared inside JPMorgan Chase & Co, Merrill Lynch absorbed more than $40...

Deals

Goldman, Morgan Stanley face biggest market test

Bear Stearns melted down in March and has disappeared inside JPMorgan Chase & Co, Merrill Lynch absorbed more than $40...

Transport

Lufthansa to buy Brussels Air for up to €250 mln

Germany’s Lufthansa has agreed to pay up to €250 million ($350 million) for smaller Belgian rival Brussels Airlines to expand...

Transport

Lufthansa to buy Brussels Air for up to €250 mln

Germany’s Lufthansa has agreed to pay up to €250 million ($350 million) for smaller Belgian rival Brussels Airlines to expand...

Deals

HP to cut 24,600 jobs

Hewlett-Packard Co plans to cut 7.5% of its work force, or 24,600 jobs, seeking to realize savings from its recent...

Deals

HP to cut 24,600 jobs

Hewlett-Packard Co plans to cut 7.5% of its work force, or 24,600 jobs, seeking to realize savings from its recent...

Deals

Croatia’s INA says MOL bid “acceptable”

The management of Croatian oil concern INA gave its backing to a public bid for majority control by Hungary’s MOL...

Deals

Croatia’s INA says MOL bid “acceptable”

The management of Croatian oil concern INA gave its backing to a public bid for majority control by Hungary’s MOL...

Telco

Hungary: 2009 draft budget: cuts for ministries, construction projects – press

The online news source Index reported on Monday, that goverment’s 2009 draft budget proposes a Ft 250 billion cut in...

Telco

Hungary: 2009 draft budget: cuts for ministries, construction projects – press

The online news source Index reported on Monday, that goverment’s 2009 draft budget proposes a Ft 250 billion cut in...

Pharma

Gulf sovereign investors in “wait-and-see” mode

Top Gulf Arab sovereign investors have been sidelined by volatility in US financial markets with one key fund, Abu Dhabi’s...

Pharma

Gulf sovereign investors in “wait-and-see” mode

Top Gulf Arab sovereign investors have been sidelined by volatility in US financial markets with one key fund, Abu Dhabi’s...

Deals

AIG plans to sell $20 bln of assets

American International Group plans a $20 billion asset sell-off as it fights to correct a slump in its shares and...

Deals

AIG plans to sell $20 bln of assets

American International Group plans a $20 billion asset sell-off as it fights to correct a slump in its shares and...

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...