Business

Deals

US Weatherford buys Romanian drilling firm

Houston-based Weatherford International, oilfield-services company bought a majority stake in Romanian oil driller Atlas Gip SA for about 50 million...

Telco

City: Hungary fiscal gap may undershoot even revised forecast

Hungary’s government may outperform even its freshly revised year-end fiscal forecast, but the scope for further improvement may be limited...

Telco

City: Hungary fiscal gap may undershoot even revised forecast

Hungary’s government may outperform even its freshly revised year-end fiscal forecast, but the scope for further improvement may be limited...

Automotive

Minister: “Russia may become biggest car market in Europe in 2008”

Russia may become the biggest car market in Europe by the end of 2008, Russian Minister of Industry and Trade...

Automotive

Minister: “Russia may become biggest car market in Europe in 2008”

Russia may become the biggest car market in Europe by the end of 2008, Russian Minister of Industry and Trade...

Retail

US: Multistate outbreak of E. coli O157:H7 infections

An Escherichia coli O157:H7 outbreak previously limited to Ohio and Michigan has expanded with the identification in the past 2...

Retail

US: Multistate outbreak of E. coli O157:H7 infections

An Escherichia coli O157:H7 outbreak previously limited to Ohio and Michigan has expanded with the identification in the past 2...

Transport

Air China to buy 45 Boeing planes

Flag carrier Air China said on Tuesday it would buy 15 Boeing 777 airplanes and 30 Boeing 737s in one...

Transport

Air China to buy 45 Boeing planes

Flag carrier Air China said on Tuesday it would buy 15 Boeing 777 airplanes and 30 Boeing 737s in one...

Deals

Kazakhstan eyeing stake in Burgas-Alexandroupolis project

Kazakhstan has confirmed its interest in obtaining a stake in the Burgas-Alexandroupolis oil pipeline project, Kazakh Deputy Energy and Mineral...

Deals

Kazakhstan eyeing stake in Burgas-Alexandroupolis project

Kazakhstan has confirmed its interest in obtaining a stake in the Burgas-Alexandroupolis oil pipeline project, Kazakh Deputy Energy and Mineral...

Retail

Two investors interested in Alitalia cargo assets

Private equity funds Equinox and Miro Radici Finance are looking at the cargo assets of Alitalia and they have informed...

Retail

Two investors interested in Alitalia cargo assets

Private equity funds Equinox and Miro Radici Finance are looking at the cargo assets of Alitalia and they have informed...

Deals

Raiffeisen starts Kazakh bank after M&A fruitless

Austrian bank Raiffeisen International will start a new banking business in Kazakhstan next year after months of fruitless attempts to...

Deals

Raiffeisen starts Kazakh bank after M&A fruitless

Austrian bank Raiffeisen International will start a new banking business in Kazakhstan next year after months of fruitless attempts to...

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,...