Business

Automotive

EU sports car makers hit green block

As Europe’s giant car makers do battle with environmentalists and lawmakers over emissions curbs, makers of classic European sports cars...

Pharma

Hungary’s Richter Q2 net falls on financial loss

Hungarian drug maker Richter Gedeon’s Q2 net profit fell due to financial losses caused by the sharp appreciation of the...

Pharma

Hungary’s Richter Q2 net falls on financial loss

Hungarian drug maker Richter Gedeon’s Q2 net profit fell due to financial losses caused by the sharp appreciation of the...

Deals

Rietumu Group acquires brokerage company in Ukraine

Latvia’s Rietumu Bank’s subsidiary brokerage company IBS RB Securities has completed a buyout deal with the Ukrainian brokerage company Oschadna...

Deals

Rietumu Group acquires brokerage company in Ukraine

Latvia’s Rietumu Bank’s subsidiary brokerage company IBS RB Securities has completed a buyout deal with the Ukrainian brokerage company Oschadna...

Automotive

Volkswagen to move Slovakia line to Bosnia

Volkswagen, Europe’s biggest car maker, plans to move an assembling line from Slovakia to Bosnia, the director of Volkswagen’s partner...

Automotive

Volkswagen to move Slovakia line to Bosnia

Volkswagen, Europe’s biggest car maker, plans to move an assembling line from Slovakia to Bosnia, the director of Volkswagen’s partner...

Transport

Malév to lay off 400 staff

Hungary’s Malév will lay off 400 staff to cut costs, the airline told MTI on Monday....

Transport

Malév to lay off 400 staff

Hungary’s Malév will lay off 400 staff to cut costs, the airline told MTI on Monday....

Automotive

Report shows: India among world’s top 15 automakers

With a burgeoning auto industry to boast of, India has made it to the top 15 automakers of the world...

Automotive

Report shows: India among world’s top 15 automakers

With a burgeoning auto industry to boast of, India has made it to the top 15 automakers of the world...

Deals

Oman may sell Caspian pipeline stake if offer right

Oman would consider selling its 7% stake in the Caspian Pipeline Consortium (CPC) if the Gulf Arab state receives a...

Deals

Oman may sell Caspian pipeline stake if offer right

Oman would consider selling its 7% stake in the Caspian Pipeline Consortium (CPC) if the Gulf Arab state receives a...

Interview

Czechs say Russian oil supply at promised levels

Oil supplies from Russia to the Czech Republic have begun flowing at promised levels for August after a July cut,...

Interview

Czechs say Russian oil supply at promised levels

Oil supplies from Russia to the Czech Republic have begun flowing at promised levels for August after a July cut,...

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,...