Business

Retail

UK’s OFT probes consumer goods companies, grocers

Consumer goods companies and more supermarkets confirmed Łthat they had been contacted by Britain's consumer affairs watchdog following reports of...

Retail

UK’s OFT probes consumer goods companies, grocers

Consumer goods companies and more supermarkets confirmed Łthat they had been contacted by Britain's consumer affairs watchdog following reports of...

Deals

Matsushita, Sanyo deny merger reports

Panasonic maker Matsushita Electric Industrial Co and Sanyo Electric Co both denied a report that they may consider a business...

Deals

Matsushita, Sanyo deny merger reports

Panasonic maker Matsushita Electric Industrial Co and Sanyo Electric Co both denied a report that they may consider a business...

Deals

Interview: UC RUSAL, Norilsk can challenge BHP Billiton

RusAl and Norilsk Nickel should pool their assets to take on global giants like BHP Billiton and seek takeover targets...

Deals

Interview: UC RUSAL, Norilsk can challenge BHP Billiton

RusAl and Norilsk Nickel should pool their assets to take on global giants like BHP Billiton and seek takeover targets...

Deals

Azerbaijan and Kazakhstan hold talks on tariffs for oil

From 2009 onwards, Kazakhstan is ready to pump certain volume of its oil to the Baku-Tbilisi-Ceyhan Pipeline via Kazakhstan Caspian...

Deals

Azerbaijan and Kazakhstan hold talks on tariffs for oil

From 2009 onwards, Kazakhstan is ready to pump certain volume of its oil to the Baku-Tbilisi-Ceyhan Pipeline via Kazakhstan Caspian...

Telco

Estonian government reaches accord on budget cuts

Estonian government ministers have reached agreement in principle to make 3.1 billion kroons ($310 million) of spending cuts to the...

Telco

Estonian government reaches accord on budget cuts

Estonian government ministers have reached agreement in principle to make 3.1 billion kroons ($310 million) of spending cuts to the...

Deals

Norwegian North Sea discovery for Eni

Eni Norge AS, as the operator of production license 293, has completed the drilling of wildcat well 34/12-1. The well...

Deals

Norwegian North Sea discovery for Eni

Eni Norge AS, as the operator of production license 293, has completed the drilling of wildcat well 34/12-1. The well...

Retail

RusAl invests $20 mln in Nigerian aluminum smelter

Russia’s United Company RusAl, the world’s largest aluminum producer, said on Thursday it had invested over $20 million in an...

Retail

RusAl invests $20 mln in Nigerian aluminum smelter

Russia’s United Company RusAl, the world’s largest aluminum producer, said on Thursday it had invested over $20 million in an...

Interview

Russia to stand firm on raw timber duties – official

Russia will not back down on plans to increase duties on its timber exports, a senior official said on Thursday,...

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...