Business

Deals

BP near deal with Russian partners

BP is close to a deal with its oligarch co-owners of TNK-BP that would see board changes at the Russian...

Deals

Gov’t backs Ft 38-bln tram investment

The government decided to support a planned Ft 37.7-billion tram development in the city of Miskolc (NE Hungary), government spokeswoman...

Deals

Gov’t backs Ft 38-bln tram investment

The government decided to support a planned Ft 37.7-billion tram development in the city of Miskolc (NE Hungary), government spokeswoman...

Automotive

Hungary signs agreement with Chinese province

Hungary signed a framework economic cooperation agreement with the Chinese province of Jilin, Economy Ministry state secretary Sándor Burány said....

Automotive

Hungary signs agreement with Chinese province

Hungary signed a framework economic cooperation agreement with the Chinese province of Jilin, Economy Ministry state secretary Sándor Burány said....

Sustainability

Home dealer sees new home prices rising in line with inflation

Hungarian real estate company Otthon Centrum projects the price of new homes in Hungary will increase about 7% in 2008,...

Sustainability

Home dealer sees new home prices rising in line with inflation

Hungarian real estate company Otthon Centrum projects the price of new homes in Hungary will increase about 7% in 2008,...

Deals

EU extends probe of WPP’s planned purchase of TNS

The European Commission extended its probe of the planned purchase of Taylor Nelson Sofres by WPP Group by 10 working...

Deals

EU extends probe of WPP’s planned purchase of TNS

The European Commission extended its probe of the planned purchase of Taylor Nelson Sofres by WPP Group by 10 working...

Automotive

GM sees Hummer sale by early ’09, tough times ahead

General Motors expects to sell its Hummer brand by the end of this year or early in 2009, as it...

Automotive

GM sees Hummer sale by early ’09, tough times ahead

General Motors expects to sell its Hummer brand by the end of this year or early in 2009, as it...

Telco

Analyst sees little chance of improved Q2 GDP growth

A second reading of Hungary's Q2 GDP growth due out Friday is unlikely present any improvement over the 2.2% preliminary...

Telco

Analyst sees little chance of improved Q2 GDP growth

A second reading of Hungary's Q2 GDP growth due out Friday is unlikely present any improvement over the 2.2% preliminary...

Deals

Coca-Cola buys Chinese juice maker for $2.5 bln

Coca-Cola Co will pay $2.5 billion for Chinese juice maker Huiyuan, triple its value, strengthening the world's leading drinks maker's...

Deals

Coca-Cola buys Chinese juice maker for $2.5 bln

Coca-Cola Co will pay $2.5 billion for Chinese juice maker Huiyuan, triple its value, strengthening the world's leading drinks maker's...

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...