Business

Automotive

Ford abandons 2009 profitability goal

Ford Motor Co said it no longer expects to meet a long-held goal of returning to profitability in 2009 and...

Automotive

Ford abandons 2009 profitability goal

Ford Motor Co said it no longer expects to meet a long-held goal of returning to profitability in 2009 and...

Retail

Adobe can do big deals but prefers small

Adobe Systems Inc has confidence it can integrate a big acquisition after buying Macromedia, but the firm is focused on...

Retail

Adobe can do big deals but prefers small

Adobe Systems Inc has confidence it can integrate a big acquisition after buying Macromedia, but the firm is focused on...

Competition

Lehman cutting about 1,300 jobs globally: source

Lehman Brothers Holdings Inc is cutting roughly 1,300 positions globally, or nearly 5% of its work force, amid difficult market...

Competition

Lehman cutting about 1,300 jobs globally: source

Lehman Brothers Holdings Inc is cutting roughly 1,300 positions globally, or nearly 5% of its work force, amid difficult market...

Telco

HP Q2 operating margin rises to 10%

Hewlett-Packard Co, the world's biggest computer maker, posted a rise in its quarterly operating margin, and pointed to strength in...

Telco

HP Q2 operating margin rises to 10%

Hewlett-Packard Co, the world's biggest computer maker, posted a rise in its quarterly operating margin, and pointed to strength in...

Deals

SCD reshuffles portfolio, eyes IPO

Property developer SCD Holding sold its Interfruct Kft Cash and Carry chain to financial investor Calslane Holdings Ltd for an...

Deals

SCD reshuffles portfolio, eyes IPO

Property developer SCD Holding sold its Interfruct Kft Cash and Carry chain to financial investor Calslane Holdings Ltd for an...

Pharma

Allianz Hungaria to start sales in Slovenia

Hungarian insurer Allianz Hungaria plans to start offering products to corporate clients through its branch in Slovenia this year....

Pharma

Allianz Hungaria to start sales in Slovenia

Hungarian insurer Allianz Hungaria plans to start offering products to corporate clients through its branch in Slovenia this year....

Retail

Praktiker Hungary revenue grows to Ft 47.6 bln

German do-it-yourself chain Praktiker had gross revenue in Hungary of Ft 47.6 billion in 2007, up from Ft 46.3 billion...

Retail

Praktiker Hungary revenue grows to Ft 47.6 bln

German do-it-yourself chain Praktiker had gross revenue in Hungary of Ft 47.6 billion in 2007, up from Ft 46.3 billion...

Interview

Serbia standing for seat in UN Human Rights Council

15 new members of the UN Human Rights Council will be chosen with Serbia as a potential candidate....

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...