Business

Automotive

Volkswagen unveils hybrid-car prototype

Volkswagen unveiled Thursday a hybrid-drive car that can be charged up through an electrical power socket....

Automotive

Volkswagen unveils hybrid-car prototype

Volkswagen unveiled Thursday a hybrid-drive car that can be charged up through an electrical power socket....

Deals

Polish insurer PZU to spend €3 bln to expand

Poland’s top insurer PZU plans to spend up to €3 billion ($4.7 billion) for expansion abroad that will focus on...

Deals

Polish insurer PZU to spend €3 bln to expand

Poland’s top insurer PZU plans to spend up to €3 billion ($4.7 billion) for expansion abroad that will focus on...

Competition

Goldman Sachs says Citigroup may write down $9 bln

Citigroup may incur Q2 write-downs of $9 billion and raise additional capital, said a Goldman Sachs analyst, who widened his...

Competition

Goldman Sachs says Citigroup may write down $9 bln

Citigroup may incur Q2 write-downs of $9 billion and raise additional capital, said a Goldman Sachs analyst, who widened his...

Deals

LUKoil faces delays in Venezuela, puts Cuba on hold

Russia’s No. 2 oil firm LUKoil has put plans to buy a refinery on Cuba on hold because it is...

Deals

LUKoil faces delays in Venezuela, puts Cuba on hold

Russia’s No. 2 oil firm LUKoil has put plans to buy a refinery on Cuba on hold because it is...

Deals

Foreign firms eye China telecoms: may have to wait

China’s reorganization of its telecoms industry opens the door for foreign companies to the world’s largest telecoms market, but government...

Deals

Foreign firms eye China telecoms: may have to wait

China’s reorganization of its telecoms industry opens the door for foreign companies to the world’s largest telecoms market, but government...

Pharma

Unicredit says to cut 9,000 jobs in western Europe

Unicredit, Italy’s biggest bank by capitalization, said on Thursday it planned to cut 9,000 jobs in western Europe and invest...

Pharma

Unicredit says to cut 9,000 jobs in western Europe

Unicredit, Italy’s biggest bank by capitalization, said on Thursday it planned to cut 9,000 jobs in western Europe and invest...

Competition

Belarus, Venezuela to set up oil servicing joint venture

A Belarusian oil producer and a Venezuelan oil servicing company have signed an agreement to set up a joint venture,...

Competition

Belarus, Venezuela to set up oil servicing joint venture

A Belarusian oil producer and a Venezuelan oil servicing company have signed an agreement to set up a joint venture,...

Automotive

Volvo-Renault plant in central Russia to open in Jan 2009

Sweden’s Volvo Group will open a truck manufacturing plant in Kaluga, about 200km to the southwest of Moscow, on January...

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...