Business

Deals

EC steps up investigation of OMV bid for MOL

The European Commission's competition investigation of Austrian oil company OMV's bid to acquire Hungarian peer MOL could finish before its...

Deals

Rosneft invites Gazprom to team up on Sakhalin

Russian oil major Rosneft has invited gas monopoly Gazprom to join it on projects on Sakhalin island, including on those...

Deals

Rosneft invites Gazprom to team up on Sakhalin

Russian oil major Rosneft has invited gas monopoly Gazprom to join it on projects on Sakhalin island, including on those...

Pharma

Hungary’s Richter to build $103.7 mln biotech plant

Hungarian drug producer Richter Gedeon will build a biotechnology plant in Debrecen, eastern Hungary, at a cost of Ft 15...

Pharma

Hungary’s Richter to build $103.7 mln biotech plant

Hungarian drug producer Richter Gedeon will build a biotechnology plant in Debrecen, eastern Hungary, at a cost of Ft 15...

Pharma

China confirms telling Exxon to end Vietnam oil deal

China said it had told Exxon Mobil Corp to pull out of an oil exploration deal with Vietnam that it...

Pharma

China confirms telling Exxon to end Vietnam oil deal

China said it had told Exxon Mobil Corp to pull out of an oil exploration deal with Vietnam that it...

Deals

Italy’s Generali places 30% of property fund

Assicurazioni Generali has placed more than 30% of Italy's largest private property fund with domestic investors for €218 million ($346.4...

Deals

Italy’s Generali places 30% of property fund

Assicurazioni Generali has placed more than 30% of Italy's largest private property fund with domestic investors for €218 million ($346.4...

Interview

WTO rules against China over auto parts dispute

The World Trade Organization (WTO) ruled against China over its auto parts dispute with the United States, the European Union...

Interview

WTO rules against China over auto parts dispute

The World Trade Organization (WTO) ruled against China over its auto parts dispute with the United States, the European Union...

Telco

China oil giants post heavy refining losses in H1

PetroChina and Sinopec, the country's two largest oil companies, suffered a combined refining loss of 5.71 billion yuan ($837.24 million)...

Telco

China oil giants post heavy refining losses in H1

PetroChina and Sinopec, the country's two largest oil companies, suffered a combined refining loss of 5.71 billion yuan ($837.24 million)...

Deals

Gold above $960 on dollar, platinum hits 2-month low

Gold extended gains on Tuesday as uncertainties in the US financial system lingered, making the metal an attractive alternative investment,...

Deals

Gold above $960 on dollar, platinum hits 2-month low

Gold extended gains on Tuesday as uncertainties in the US financial system lingered, making the metal an attractive alternative investment,...

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,...