Business

Deals

Ford probes option of selling Volvo to Renault

Ford Motor Co has had exploratory talks with French peer Renault SA to sell Volvo, but the talks ended quickly...

Automotive

Chrysler to shut minivan plant as sales slump

Chrysler LLC will shut its St Louis minivan plant, cutting production of its top-selling vehicle and 2,400 factory jobs in...

Automotive

Chrysler to shut minivan plant as sales slump

Chrysler LLC will shut its St Louis minivan plant, cutting production of its top-selling vehicle and 2,400 factory jobs in...

Pharma

Scandal-plagued Siemens to slash 17,200 jobs

Reeling from a wide-ranging corruption scandal, Conglomerate Siemens AG will slash up to 4% of its worldwide work force (about...

Pharma

Scandal-plagued Siemens to slash 17,200 jobs

Reeling from a wide-ranging corruption scandal, Conglomerate Siemens AG will slash up to 4% of its worldwide work force (about...

Telco

Magyar Telekom Montenegro unit approves dividend

Hungary's Magyar Telekom said that a shareholder meeting of its Montenegrin unit Crnogorski Telekom a.d. approved paying out a total...

Telco

Magyar Telekom Montenegro unit approves dividend

Hungary's Magyar Telekom said that a shareholder meeting of its Montenegrin unit Crnogorski Telekom a.d. approved paying out a total...

Automotive

Volvo gets order to sell 1,500 trucks in Hungary

Volvo said it received an order to sell 1,500 trucks to privately owned Hungarian logistics firm Waberer's Optimum Solution....

Automotive

Volvo gets order to sell 1,500 trucks in Hungary

Volvo said it received an order to sell 1,500 trucks to privately owned Hungarian logistics firm Waberer's Optimum Solution....

Telco

PKN, Lotos have little room for upstream – Fitch

Poland’s top two oil groups, PKN Orlen and Lotos will be hard pressed to expand oil exploration as they have...

Telco

PKN, Lotos have little room for upstream – Fitch

Poland’s top two oil groups, PKN Orlen and Lotos will be hard pressed to expand oil exploration as they have...

Telco

Spanish June inflation hits 5.1%

Spanish year-on-year EU-harmonized inflation rose to a higher-than-expected 5.1% in June, its highest level on record, from a previous record...

Telco

Spanish June inflation hits 5.1%

Spanish year-on-year EU-harmonized inflation rose to a higher-than-expected 5.1% in June, its highest level on record, from a previous record...

Automotive

AvtoVAZ, Renault plan to assemble new Lada models in 2010

Russia’s largest car producer AvtoVAZ and the French car manufacturing giant Renault will begin assembling new Lada models in 2010,...

Automotive

AvtoVAZ, Renault plan to assemble new Lada models in 2010

Russia’s largest car producer AvtoVAZ and the French car manufacturing giant Renault will begin assembling new Lada models in 2010,...

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...