Business

Transport

Austrian Airlines to cut fleet if no stake sale

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Deals

Hungary: July fiscal surplus Ft 140.6 bln under forecast

Hungary’s fiscal surplus was Ft 140.6 billion in July, under the Finance Ministry’s latest Ft 153.2 billion forecast, the ministry...

Deals

Hungary: July fiscal surplus Ft 140.6 bln under forecast

Hungary’s fiscal surplus was Ft 140.6 billion in July, under the Finance Ministry’s latest Ft 153.2 billion forecast, the ministry...

Deals

Spurned buyer OMV still holds key to MOL future

Austrian oil and gas company OMV, rebuffed after a year-long battle to buy Hungarian rival MOL, still holds a fifth...

Deals

Spurned buyer OMV still holds key to MOL future

Austrian oil and gas company OMV, rebuffed after a year-long battle to buy Hungarian rival MOL, still holds a fifth...

Deals

Fresh losses rock chances for Dresdner sale

The sale of Dresdner Bank, a deal which promised to change the face of Germany’s financial industry, has been thrown...

Deals

Fresh losses rock chances for Dresdner sale

The sale of Dresdner Bank, a deal which promised to change the face of Germany’s financial industry, has been thrown...

Automotive

Daimler, Beiqi Foton agree in principle on truck JV

Daimler AG, the world’s leading truck manufacturer, and Beiqi Foton, a major Chinese commercial vehicle company, signed a letter of...

Automotive

Daimler, Beiqi Foton agree in principle on truck JV

Daimler AG, the world’s leading truck manufacturer, and Beiqi Foton, a major Chinese commercial vehicle company, signed a letter of...

Telco

Magyar Telekom H1 profits jump on staff cuts, freed up provisions

Magyar Telekom’s H1 net profit jumped 57% to Ft 53.7 billion as layoffs began to pay off and a decision...

Telco

Magyar Telekom H1 profits jump on staff cuts, freed up provisions

Magyar Telekom’s H1 net profit jumped 57% to Ft 53.7 billion as layoffs began to pay off and a decision...

Interview

US says no clear path to reviving world trade talks

Differences between the United States and leading developing countries India and China that toppled world trade talks last week are...

Interview

US says no clear path to reviving world trade talks

Differences between the United States and leading developing countries India and China that toppled world trade talks last week are...

Telco

OMV Q2 clean EBIT beats forecast on crude prices

Austrian oil and gas group OMV reported a better-than-expected 86% increase in Q2 clean operating earnings after one-off items, driven...

Telco

OMV Q2 clean EBIT beats forecast on crude prices

Austrian oil and gas group OMV reported a better-than-expected 86% increase in Q2 clean operating earnings after one-off items, driven...

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,...