Business

Deals

CIG shareholders raise capital by Ft 1 billion

The shareholders of CIG Central European Insurance has raised the company's registered capital by Ft 1 billion to Ft 2...

Retail

Electronic Arts sees resilient market demand

Top video game publisher Electronic Arts Inc said the market for its products remains recession-proof, and expects Asian online gaming...

Retail

Electronic Arts sees resilient market demand

Top video game publisher Electronic Arts Inc said the market for its products remains recession-proof, and expects Asian online gaming...

Automotive

EC approves proposed acquisition of Volkswagen by Porsche

The European Commission (EC) has cleared the proposed acquisition of Germany's Volkswagen by Porsche, a news release said....

Automotive

EC approves proposed acquisition of Volkswagen by Porsche

The European Commission (EC) has cleared the proposed acquisition of Germany's Volkswagen by Porsche, a news release said....

Deals

Hungary ranks third for industrial and logistics investments

Hungary placed third in global real-estate consultant Cushman and Wakefield's 2008 ranking of the top countries in Europe for location...

Deals

Hungary ranks third for industrial and logistics investments

Hungary placed third in global real-estate consultant Cushman and Wakefield's 2008 ranking of the top countries in Europe for location...

Transport

Malév to cancel overseas flights

Hungarian airline Malév announced on Wednesday that it would remove its flights to New York and Toronto from its winter...

Transport

Malév to cancel overseas flights

Hungarian airline Malév announced on Wednesday that it would remove its flights to New York and Toronto from its winter...

Telco

Amazon profit, sales above view and shares rise

Amazon.com Inc said quarterly profit doubled and sales grew 41%, indicating to Wall Street that many cost-conscious shoppers are heading...

Telco

Amazon profit, sales above view and shares rise

Amazon.com Inc said quarterly profit doubled and sales grew 41%, indicating to Wall Street that many cost-conscious shoppers are heading...

Telco

PepsiCo second-quarter profit rises

PepsiCo Inc reported higher quarterly profit, as the food and beverage maker benefited from strong international demand and the weak...

Telco

PepsiCo second-quarter profit rises

PepsiCo Inc reported higher quarterly profit, as the food and beverage maker benefited from strong international demand and the weak...

Deals

Rate of vacant office space up in Budapest

The vacancy rate on Budapest's office-space market increased 0.6% in Q2 of 2008 to 12.6% at the end of June,...

Deals

Rate of vacant office space up in Budapest

The vacancy rate on Budapest's office-space market increased 0.6% in Q2 of 2008 to 12.6% at the end of June,...

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,...