Business

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,...

Telco

Brazil revises up 2008 export forecast to $190 bln

Brazil has revised up its export anticipation for 2008 by $10 billion to $190 billion, local media reported Monday....

Telco

Brazil revises up 2008 export forecast to $190 bln

Brazil has revised up its export anticipation for 2008 by $10 billion to $190 billion, local media reported Monday....

Automotive

Industrial output expands adjusted 4.7% in May, up from preliminary

Hungary’s twelve-month industrial output rose an unadjusted 2.2% and a workday-adjusted 4.7% in May compared to a year earlier, the...

Automotive

Industrial output expands adjusted 4.7% in May, up from preliminary

Hungary’s twelve-month industrial output rose an unadjusted 2.2% and a workday-adjusted 4.7% in May compared to a year earlier, the...

Automotive

Russia: Renault car sales grow 25% to 56,600 in H1

The French car manufacturing giant Renault increased sales in Russia between January and June 2008 by 25%, up to 56,600...

Automotive

Russia: Renault car sales grow 25% to 56,600 in H1

The French car manufacturing giant Renault increased sales in Russia between January and June 2008 by 25%, up to 56,600...

Interview

Iran discovers new billion barrel oil field in Southwest

Iranian Oil Minister Gholam Hossein Nozari said on Sunday that Iran has discovered a new oil field in the southwest...

Interview

Iran discovers new billion barrel oil field in Southwest

Iranian Oil Minister Gholam Hossein Nozari said on Sunday that Iran has discovered a new oil field in the southwest...

Automotive

Ukrainian GDP growth in Q1 reaches 6.5% y/y

The State Statistics Committee of Ukraine increased its estimate for GDP growth from 6% year-on-year to 6.5% year-on-year in January...

Automotive

Ukrainian GDP growth in Q1 reaches 6.5% y/y

The State Statistics Committee of Ukraine increased its estimate for GDP growth from 6% year-on-year to 6.5% year-on-year in January...

Interview

Russia says Czech oil supply cut “not political”

Russia said on Monday it cut oil supplies to the Czech Republic last week for technical reasons, and denied it...

Interview

Russia says Czech oil supply cut “not political”

Russia said on Monday it cut oil supplies to the Czech Republic last week for technical reasons, and denied it...

Deals

MOL to launch buyout offer for INA

Hungarian oil and gas company MOL on Monday said it plans to launch a public purchase offer for shares in...

Deals

MOL to launch buyout offer for INA

Hungarian oil and gas company MOL on Monday said it plans to launch a public purchase offer for shares in...

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,...