Business

Deals

HSBC and StanChart step up banking in Vietnam

HSBC Holdings and Standard Chartered Plc won approval to be the first foreign banks to open wholly-owned units in Vietnam,...

Pharma

Chellomedia acquires Spektrum for €60 mln

Chellomedia, the content division of Liberty Global, has acquired Central European documentary channel Spektrum from HBO Central Europe, in a...

Pharma

Chellomedia acquires Spektrum for €60 mln

Chellomedia, the content division of Liberty Global, has acquired Central European documentary channel Spektrum from HBO Central Europe, in a...

Industrial

ZF Hungária sees €100 mln investment, raising revenue

German transmission maker ZF expects a €100 million investment at its base in the Hungarian city of Eger to boost...

Industrial

ZF Hungária sees €100 mln investment, raising revenue

German transmission maker ZF expects a €100 million investment at its base in the Hungarian city of Eger to boost...

Pharma

Analysts blame deteriorating trade balance on recession in W. Europe

Analysts polled by MTI blamed the recession in Western Europe and slowly increasing domestic household consumption for deteriorating trade figures...

Pharma

Analysts blame deteriorating trade balance on recession in W. Europe

Analysts polled by MTI blamed the recession in Western Europe and slowly increasing domestic household consumption for deteriorating trade figures...

Automotive

Samsung Electronics opens TV plant in Russia

Samsung Electronics has launched a TV set production plant in Russia’s Kaluga Region, a local administration spokesperson said on Monday....

Automotive

Samsung Electronics opens TV plant in Russia

Samsung Electronics has launched a TV set production plant in Russia’s Kaluga Region, a local administration spokesperson said on Monday....

Interview

EU’s Mandelson looks beyond Doha

Peter Mandelson once said he would be the last man standing in the marathon push for a global trade deal,...

Interview

EU’s Mandelson looks beyond Doha

Peter Mandelson once said he would be the last man standing in the marathon push for a global trade deal,...

Retail

Douglas sees growth potential in Eastern Europe – report

German fragrance-to-fashion retailer Douglas Holding sees growth and profit opportunities in eastern Europe due to untapped market potential, CEO Henning...

Retail

Douglas sees growth potential in Eastern Europe – report

German fragrance-to-fashion retailer Douglas Holding sees growth and profit opportunities in eastern Europe due to untapped market potential, CEO Henning...

Deals

Russia agrees to buy Oman’s 7% in Caspian pipeline project

Russia has agreed to buy Oman’s 7% stake in the Caspian Pipeline Consortium, a deputy energy minister said on Friday....

Deals

Russia agrees to buy Oman’s 7% in Caspian pipeline project

Russia has agreed to buy Oman’s 7% stake in the Caspian Pipeline Consortium, a deputy energy minister said on Friday....

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...