Business

Competition

IMF says Russia cbank rate rise needed

The International Monetary Fund believes Russia’s central bank needs to raise interest rates further as there are strong signs of...

Competition

Hungary 7th on list of most vulnerable to credit squeeze

Hungary ranked seventh on a list of countries most vulnerable to a further tightening of global credit compiled by ratings...

Competition

Hungary 7th on list of most vulnerable to credit squeeze

Hungary ranked seventh on a list of countries most vulnerable to a further tightening of global credit compiled by ratings...

Pharma

Czechs to scrap FDI incentives for manufacturing

The Czech government approved on Monday a plan to cancel a law offering incentives to investors in manufacturing, saying the...

Pharma

Czechs to scrap FDI incentives for manufacturing

The Czech government approved on Monday a plan to cancel a law offering incentives to investors in manufacturing, saying the...

Pharma

German growth likely to slow during 2008

German economic growth is likely to ease during the course of 2008, slowed by weakening industrial activity and impediments to...

Pharma

German growth likely to slow during 2008

German economic growth is likely to ease during the course of 2008, slowed by weakening industrial activity and impediments to...

Automotive

Chinese automakers mull IPO to fund national brand

Investors, who want to share the growth of the world’s second-largest auto market will have more choices as many automakers...

Automotive

Chinese automakers mull IPO to fund national brand

Investors, who want to share the growth of the world’s second-largest auto market will have more choices as many automakers...

Interview

Czechs give up work abroad over strong koruna

Czechs are returning home since it is not financially rewarding to work abroad now that the Czech koruna is dramatically...

Interview

Czechs give up work abroad over strong koruna

Czechs are returning home since it is not financially rewarding to work abroad now that the Czech koruna is dramatically...

Deals

E.ON says looking at Babcock windfarms

E.ON AG, the world’s largest utility, is looking at windfarms worth as much as €4 billion ($6.3 billion) which Australian...

Deals

E.ON says looking at Babcock windfarms

E.ON AG, the world’s largest utility, is looking at windfarms worth as much as €4 billion ($6.3 billion) which Australian...

Interview

Russia signs bilateral trade deal with UAE

Russia took a step closer to joining the World Trade Organization on Sunday when the country’s finance minister signed a...

Interview

Russia signs bilateral trade deal with UAE

Russia took a step closer to joining the World Trade Organization on Sunday when the country’s finance minister signed a...

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...