Business

Pharma

Hungary’s Richter ups stake in drug maker Polfa

Hungarian drug maker Richter Gedeon agreed with Poland’s treasury ministry to buy another 29.63% in pharmaceutical firm Polfa Grodzisk, the...

Pharma

Hungary’s Richter ups stake in drug maker Polfa

Hungarian drug maker Richter Gedeon agreed with Poland’s treasury ministry to buy another 29.63% in pharmaceutical firm Polfa Grodzisk, the...

Transport

Malév signs $226 mln contract to buy aircraft from Bombardier

Hungarian airline Malév signed a contract with Canada’s Bombardier on the delivery of eight Q400 turboprop aircraft with an option...

Transport

Malév signs $226 mln contract to buy aircraft from Bombardier

Hungarian airline Malév signed a contract with Canada’s Bombardier on the delivery of eight Q400 turboprop aircraft with an option...

Pharma

Czech firm buys Romanian aircraft builder

Aero Vodochody, a Czech-based maker of military training aircraft, has agreed to buy a controlling stake in Romanian competitor Avioane...

Pharma

Czech firm buys Romanian aircraft builder

Aero Vodochody, a Czech-based maker of military training aircraft, has agreed to buy a controlling stake in Romanian competitor Avioane...

Competition

Oil firms accused of price fixing in Russian aviation fuel market

The Russian Federal Antimonopoly Service launched proceedings Tuesday against Russia’s five largest oil companies over high prices for aviation and...

Competition

Oil firms accused of price fixing in Russian aviation fuel market

The Russian Federal Antimonopoly Service launched proceedings Tuesday against Russia’s five largest oil companies over high prices for aviation and...

Deals

Willis group buys out local broker partner in Hungary

London-based Willis Group Holdings has bought out its local broker partner and acquired 100% of Willis Kft, its joint-venture operation...

Deals

Willis group buys out local broker partner in Hungary

London-based Willis Group Holdings has bought out its local broker partner and acquired 100% of Willis Kft, its joint-venture operation...

Transport

Aeroflot strikes deal with Airbus to buy A-321 aircraft

Russian flagship carrier Aeroflot signed a contract on Tuesday with Airbus for the delivery of five A-321 medium-haul airliners at...

Transport

Aeroflot strikes deal with Airbus to buy A-321 aircraft

Russian flagship carrier Aeroflot signed a contract on Tuesday with Airbus for the delivery of five A-321 medium-haul airliners at...

Deals

MOL’s INA bid may affect ratings if heavily leveraged, City says

MOL’s bid to boost its share in Croatia’s INA oil company may affect its credit rating if the buy-out is...

Deals

MOL’s INA bid may affect ratings if heavily leveraged, City says

MOL’s bid to boost its share in Croatia’s INA oil company may affect its credit rating if the buy-out is...

Pharma

Hungary’s Richter says deal to buy Polpharma fails

Hungarian drug maker Richter Gedeon said on Tuesday its takeover of Poland’s Polpharma was not completed as scheduled on Monday,...

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,...