Business

Telco

Hungary investment volume falls preliminary 2.1% yr/yr in Q2

Investments in Hungary fell 2.1 % year-on-year in volume terms in the Q2 of 2008 and H1 investment was down...

Deals

Commerzbank race for Dresdner nears finish

Commerzbank has entered the final stretch of a race to buy Dresdner Bank from Allianz amid doubts in Beijing that...

Deals

Commerzbank race for Dresdner nears finish

Commerzbank has entered the final stretch of a race to buy Dresdner Bank from Allianz amid doubts in Beijing that...

Deals

LUKoil, ConocoPhillips bring North Russia oil field on stream

LUKoil and US energy giant ConocoPhillips have put into operation an oil deposit in northern Russia, the country’s leading crude...

Deals

LUKoil, ConocoPhillips bring North Russia oil field on stream

LUKoil and US energy giant ConocoPhillips have put into operation an oil deposit in northern Russia, the country’s leading crude...

Automotive

China’s Jiangling to build Polish car plant – paper

Jiangling Motors plans to build a car factory in Poland to become the first Chinese automaker to establish a European...

Automotive

China’s Jiangling to build Polish car plant – paper

Jiangling Motors plans to build a car factory in Poland to become the first Chinese automaker to establish a European...

Pharma

Israel’s Koor raises stake in Credit Suisse to 1%

Israeli holding company Koor Industries said on Thursday it had raised its stake in Credit Suisse to 1.02% for a...

Pharma

Israel’s Koor raises stake in Credit Suisse to 1%

Israeli holding company Koor Industries said on Thursday it had raised its stake in Credit Suisse to 1.02% for a...

Deals

Qatar National buys CBI stake

Qatar National Bank said yesterday it bought 24% of Dubai’s Commercial Bank International (CBI) for $302 million, the latest sign...

Deals

Qatar National buys CBI stake

Qatar National Bank said yesterday it bought 24% of Dubai’s Commercial Bank International (CBI) for $302 million, the latest sign...

Deals

Nokia Siemens Networks sells 56% stake in Dasan

Nokia Siemens Networks said on Thursday it had agreed to sell its 56.13% stake in Korean telecoms network company Dasan...

Deals

Nokia Siemens Networks sells 56% stake in Dasan

Nokia Siemens Networks said on Thursday it had agreed to sell its 56.13% stake in Korean telecoms network company Dasan...

Competition

ECB eyes tougher collateral terms but no decision yet

The European Central Bank wants to stop banks exploiting its generous rules to gain access to liquidity, two ECB governing...

Competition

ECB eyes tougher collateral terms but no decision yet

The European Central Bank wants to stop banks exploiting its generous rules to gain access to liquidity, two ECB governing...

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...

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...

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...

Continest and Sweden’s Flexotrap Join Forces on Modular Shooting Ranges

As defense spending grows in importance across Europe following Russia’s full-scale invasion of Ukraine, local firm Continest Technologies Plc. and...

Hungary’s Housing Costs Drive Buyers Toward Garden Plots and Former Wine Cellars

Rising house prices and living costs are pushing more buyers toward properties on Hungary’s outlying garden plots and vineyard land,...