Business

Deals

Fiat in cooperation talks with Chrysler: report

Italian carmaker Fiat has held talks with US rival Chrysler in recent weeks over various forms of cooperation, Alfa Romeo...

Deals

Gov’t report shows Hungary becomes major destination of drug smuggling

Hungary is not only a transit point for drug smuggling, but also a destination with a substantial market, mostly for...

Deals

Gov’t report shows Hungary becomes major destination of drug smuggling

Hungary is not only a transit point for drug smuggling, but also a destination with a substantial market, mostly for...

Industrial

ORCO extends activities in Russia

Real estate developer Orco announced in a press release that the company has agreed to forward purchase of a large-scale...

Industrial

ORCO extends activities in Russia

Real estate developer Orco announced in a press release that the company has agreed to forward purchase of a large-scale...

Deals

Olympic Games to have “lasting” impact on Beijing

The impact of the Olympic Games on Beijing's real estate market will be lasting and positive as infrastructure expansion creates...

Deals

Olympic Games to have “lasting” impact on Beijing

The impact of the Olympic Games on Beijing's real estate market will be lasting and positive as infrastructure expansion creates...

Deals

Stadler lays cornerstone for train plant in Hungary

Switzerland's Stadler Rail Group laid the cornerstone of a Ft 10 billion aluminum train body plant in the Hungarian city...

Deals

Stadler lays cornerstone for train plant in Hungary

Switzerland's Stadler Rail Group laid the cornerstone of a Ft 10 billion aluminum train body plant in the Hungarian city...

Transport

Hungary considers alternatives to Gripens

Hungary does not seem to have the money to buy more Gripen military aircraft to replace its aging MiG-29s and...

Transport

Hungary considers alternatives to Gripens

Hungary does not seem to have the money to buy more Gripen military aircraft to replace its aging MiG-29s and...

Deals

US senator urges SEC to act fast on Moody’s probe

The US Securities and Exchange Commission should move swiftly to get to the bottom of a reported coding error at...

Deals

US senator urges SEC to act fast on Moody’s probe

The US Securities and Exchange Commission should move swiftly to get to the bottom of a reported coding error at...

Deals

Europe’s rights issues to raise record $100 bln

Plans by Switzerland's UBS to raise over $15 billion and other big rights issues from European banks and cash strapped...

Deals

Europe’s rights issues to raise record $100 bln

Plans by Switzerland's UBS to raise over $15 billion and other big rights issues from European banks and cash strapped...

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...

Residential

Budapest Castle District Voters Back Short-Term Rental Ban

Nearly 59% of participants in an online vote in Budapest’s District I supported a complete ban on short-term rentals, Castle...

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...

Budapest Castle District Voters Back Short-Term Rental Ban

Nearly 59% of participants in an online vote in Budapest’s District I supported a complete ban on short-term rentals, Castle...

What Might Dogs Reveal About Human Communication?

A Hungarian-led research team working out of the Department of Ethology at ELTE in Budapest is working to discover what...