Business

Deals

Irishman plans €591 mln Romanian build

Irish property developer, David Sharkey, is planning to build a €591 million (about $943 million)shopping center in Romania....

Competition

Saudi Arabia to invest $119 bln in energy infrastructure projects

Saudi Arabia is expected to invest $119 billion in energy infrastructure projects from 2007 to 2009, according to latest studies,...

Competition

Saudi Arabia to invest $119 bln in energy infrastructure projects

Saudi Arabia is expected to invest $119 billion in energy infrastructure projects from 2007 to 2009, according to latest studies,...

Deals

France’s Belvedere could purchase Russian distillery – paper

France-based Belvedere SA, one of Europe’s largest spirits and wine producers, could buy a controlling stake in a central Russian...

Deals

France’s Belvedere could purchase Russian distillery – paper

France-based Belvedere SA, one of Europe’s largest spirits and wine producers, could buy a controlling stake in a central Russian...

Deals

Hungary to sign South Stream contract in H1

Hungary expects to sign a contract in the first half of the year on a stretch of Russia’s South Stream...

Deals

Hungary to sign South Stream contract in H1

Hungary expects to sign a contract in the first half of the year on a stretch of Russia’s South Stream...

Pharma

Poland to reduce stake in Lotos to about 28%

Poland plans to cut its holding in the country’s second largest refiner Lotos to around 27.5% from 58.8% now, Treasury...

Pharma

Poland to reduce stake in Lotos to about 28%

Poland plans to cut its holding in the country’s second largest refiner Lotos to around 27.5% from 58.8% now, Treasury...

Retail

Yahoo to pay billions of forints for IndexTools – paper

Internet giant Yahoo has agreed to pay billions of forints for Hungary’s Tensa, also known as IndexTools, a leading maker...

Retail

Yahoo to pay billions of forints for IndexTools – paper

Internet giant Yahoo has agreed to pay billions of forints for Hungary’s Tensa, also known as IndexTools, a leading maker...

Deals

Georgia launches project to build new industrial zone

Georgian President Mikheil Saakashvili signed a document on Tuesday to launch a major national project to build a free industrial...

Deals

Georgia launches project to build new industrial zone

Georgian President Mikheil Saakashvili signed a document on Tuesday to launch a major national project to build a free industrial...

Deals

Russia’s Globaltrans seeks up to $509 mln in IPO

Russia’s largest privately owned freight rail operator, expects to raise between $390 million and $509 million floating a 29% stake...

Deals

Russia’s Globaltrans seeks up to $509 mln in IPO

Russia’s largest privately owned freight rail operator, expects to raise between $390 million and $509 million floating a 29% stake...

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...