Business

Deals

GM in talks on selling Hummer business

General Motors Corp has had preliminary contact with Russian oligarch Oleg Deripaska on a possible sale of its Hummer brand,...

Automotive

Automakers scramble to offer more fuel efficiency

Chrysler LLC outlined plans to launch a new car-based SUV modeled after the Jeep Cherokee, as other major automakers took...

Automotive

Automakers scramble to offer more fuel efficiency

Chrysler LLC outlined plans to launch a new car-based SUV modeled after the Jeep Cherokee, as other major automakers took...

Deals

Sharp losses from MOL and OTP drive BUX lower

Significant losses from Budapest Stock Excahnge (BSE) heavyweight issuers MOL, OTP and Magyar Telekom dropped the Budapest Stock Exchange's blue-chip...

Deals

Sharp losses from MOL and OTP drive BUX lower

Significant losses from Budapest Stock Excahnge (BSE) heavyweight issuers MOL, OTP and Magyar Telekom dropped the Budapest Stock Exchange's blue-chip...

Automotive

Suzuki ups Hungarian output

Japanese carmaker Suzuki turned out 149,438 vehicles at its plant in Hungary in H1 of 2008, 33.3% more than in...

Telco

H1 sales of CBA shops climb 9%

H1 sales of Hungarian supermarket chain CBA rose 9% over the same period a year earlier as more units were...

Telco

H1 sales of CBA shops climb 9%

H1 sales of Hungarian supermarket chain CBA rose 9% over the same period a year earlier as more units were...

Automotive

Suzuki ups Hungarian output

Japanese carmaker Suzuki turned out 149,438 vehicles at its plant in Hungary in H1 of 2008, 33.3% more than in...

Deals

Goldman to pay $1.5 billion for ABN assets

A consortium led by Goldman Sachs Group Inc has agreed to pay about $1.5 billion for a number of ABN...

Deals

Goldman to pay $1.5 billion for ABN assets

A consortium led by Goldman Sachs Group Inc has agreed to pay about $1.5 billion for a number of ABN...

Telco

Linamar H1 profit rises 19% on improved efficiency

Farm machinery and automotive parts maker Linamar Hungary's first-half profit rose 19% to Ft 771 million from the same period...

Telco

Linamar H1 profit rises 19% on improved efficiency

Farm machinery and automotive parts maker Linamar Hungary's first-half profit rose 19% to Ft 771 million from the same period...

Deals

MOL to bid for INA shares

Hungarian oil and gas company MOL has asked permission from Croatia's financial market regulator Hanfa to launch a public bid...

Deals

MOL to bid for INA shares

Hungarian oil and gas company MOL has asked permission from Croatia's financial market regulator Hanfa to launch a public bid...

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,...