Business

Deals

Repsol in talks with Rosneft over Sakhalin

Spanish oil company Repsol is in talks with Russian oil major Rosneft about taking a stake in the Sakhalin-III oil...

Deals

CAF wins €104 mln passenger train order in Saudi Arabia

Spanish rolling stock manufacturer CAF had signed a €104.9 million contract to supply Saudi Railways Organization with eight 200 kilometers...

Deals

CAF wins €104 mln passenger train order in Saudi Arabia

Spanish rolling stock manufacturer CAF had signed a €104.9 million contract to supply Saudi Railways Organization with eight 200 kilometers...

Pharma

Taqa unit buys North Sea assets of Shell and Esso

A wholly-owned subsidiary of Abu Dhabi National Energy Company (Taqa) has purchased Shell and Esso Oil’s production assets in the...

Pharma

Taqa unit buys North Sea assets of Shell and Esso

A wholly-owned subsidiary of Abu Dhabi National Energy Company (Taqa) has purchased Shell and Esso Oil’s production assets in the...

Competition

German regulator ups level of returns on power grids

The German energy grid regulator plans to allow utilities such as E.ON and RWE higher returns than previously planned on...

Competition

German regulator ups level of returns on power grids

The German energy grid regulator plans to allow utilities such as E.ON and RWE higher returns than previously planned on...

Pharma

China: $2 bln plan for wind power farms

Arcapita Bank BSC, a closely held Bahraini investment bank, has formed a venture with a unit of India’s Tanti group,...

Pharma

China: $2 bln plan for wind power farms

Arcapita Bank BSC, a closely held Bahraini investment bank, has formed a venture with a unit of India’s Tanti group,...

Interview

Russia-EU summit to be held in Nice on Nov. 14

The next Russia-EU summit will take place in Nice on November 14, the French ambassador to Russia said on Monday....

Interview

Russia-EU summit to be held in Nice on Nov. 14

The next Russia-EU summit will take place in Nice on November 14, the French ambassador to Russia said on Monday....

Competition

NEC acquires Hungarian engineering company Linecom

Japanese IT company NEC on Monday announced its European unit acquired Hungary’s Linecom, an engineering company that has assisted NEC...

Competition

NEC acquires Hungarian engineering company Linecom

Japanese IT company NEC on Monday announced its European unit acquired Hungary’s Linecom, an engineering company that has assisted NEC...

Telco

Toyota to add solar panels to Prius hybrid: Nikkei

Toyota Motor Corp plans to install solar panels on its next-generation Prius hybrid cars, becoming the first major automaker to...

Telco

Toyota to add solar panels to Prius hybrid: Nikkei

Toyota Motor Corp plans to install solar panels on its next-generation Prius hybrid cars, becoming the first major automaker 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...

Inside View

Energy Efficiency Also a Tax Opportunity

Diversifying Hungary’s energy supply has been on the agenda for years. The rapid expansion of solar power is a major...

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,...

Energy Efficiency Also a Tax Opportunity

Diversifying Hungary’s energy supply has been on the agenda for years. The rapid expansion of solar power is a major...