Business

Competition

Study: Salary gap sixfold in Hungary

The medium-level manager of an average firm earns six times more in Hungary, than an administrative employee of the same...

Competition

Study: Salary gap sixfold in Hungary

The medium-level manager of an average firm earns six times more in Hungary, than an administrative employee of the same...

Retail

Tesco to buy 36 South Korean stores

Tesco said on Wednesday it would buy 36 discount stores from South Korea’s E-Land for $1.9 billion (£976 million) in...

Retail

Tesco to buy 36 South Korean stores

Tesco said on Wednesday it would buy 36 discount stores from South Korea’s E-Land for $1.9 billion (£976 million) in...

HR

4,000 JPMorgan employees worldwide face job loss

As many as 4,000 JPMorgan Chase & Company employees worldwide face losing their jobs as the bank prepares to accept...

HR

4,000 JPMorgan employees worldwide face job loss

As many as 4,000 JPMorgan Chase & Company employees worldwide face losing their jobs as the bank prepares to accept...

Competition

Iran curbs nudge oil towards $127

Oil surged to a record peak near $127 on Tuesday after Opec producer Iran said it was studying a plan...

Competition

Iran curbs nudge oil towards $127

Oil surged to a record peak near $127 on Tuesday after Opec producer Iran said it was studying a plan...

Competition

HP to buy EDS for expanding technology consulting services

US computer maker Hewlett-Packard announced Tuesday it has struck a deal to buy technology services provider Electronic Data Systems for...

Competition

HP to buy EDS for expanding technology consulting services

US computer maker Hewlett-Packard announced Tuesday it has struck a deal to buy technology services provider Electronic Data Systems for...

Deals

Austrian Airline extends deadline for Saudi investor

Flag carrier Austrian Airlines (AUA) extended a last deadline to a key Saudi investor until May 21 on Tuesday, but...

Deals

Austrian Airline extends deadline for Saudi investor

Flag carrier Austrian Airlines (AUA) extended a last deadline to a key Saudi investor until May 21 on Tuesday, but...

Automotive

Toyota plans $215 mln expansion at China plant

Toyota Motor Corp plans to invest 1.5 billion yuan ($214.6 million) to boost production capacity at a facility in north...

Automotive

Toyota plans $215 mln expansion at China plant

Toyota Motor Corp plans to invest 1.5 billion yuan ($214.6 million) to boost production capacity at a facility in north...

Automotive

Russia eyes $4 bln arms contract with Saudis

Russia’s state arms exporter Rosoboronexport is preparing a $4 billion arms contract with Saudi Arabia, the Gazeta daily reported on...

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...