Business

Deals

De Beers to acquire stake in major Russian diamond deposit

Diamond multinational De Beers will acquire a large stake from Russian oil giant LUKoil in one of Europe’s biggest diamond...

Deals

De Beers to acquire stake in major Russian diamond deposit

Diamond multinational De Beers will acquire a large stake from Russian oil giant LUKoil in one of Europe’s biggest diamond...

Interview

EU, Montenegro sign deal on WTO accession

The European Union and Montenegro signed a bilateral agreement on Tuesday on the Western Balkan country’s accession to the World...

Interview

EU, Montenegro sign deal on WTO accession

The European Union and Montenegro signed a bilateral agreement on Tuesday on the Western Balkan country’s accession to the World...

Deals

Russian billionaire Mordashov might double TUI stake

Russian billionaire Alexei Mordashov might raise his stake in TUI, the leading European tourism operator, to 20% to gain influence...

Deals

Russian billionaire Mordashov might double TUI stake

Russian billionaire Alexei Mordashov might raise his stake in TUI, the leading European tourism operator, to 20% to gain influence...

Telco

Hungary: Raiffeisen Energiaszolgáltató to sell Hungarowind

Raiffeisen Bank-owned Raiffeisen Energiaszolgáltató has published a two-round tender to sell its subsidiary Hungarowind, an energy company that operates a...

Telco

Hungary: Raiffeisen Energiaszolgáltató to sell Hungarowind

Raiffeisen Bank-owned Raiffeisen Energiaszolgáltató has published a two-round tender to sell its subsidiary Hungarowind, an energy company that operates a...

Telco

Slovenia grants 3G phone license for free

Slovenia’s telecommunication market regulator has granted free of charge a UMTS mobile phone license to local operator Tusmobil because it...

Telco

Slovenia grants 3G phone license for free

Slovenia’s telecommunication market regulator has granted free of charge a UMTS mobile phone license to local operator Tusmobil because it...

Pharma

Hungary goes to China to boost economic ties

Chinese imports to Hungary amounted to some €3.75 billion, 21.6% up on 2006. But Hungary has an ambitious plan to...

Pharma

Hungary goes to China to boost economic ties

Chinese imports to Hungary amounted to some €3.75 billion, 21.6% up on 2006. But Hungary has an ambitious plan to...

Telco

Hungary industrial output rose 13.2% yr/yr in February

Hungary’s industrial production rose 13.2% in February compared to a year earlier and was up 9.8% according to working day-adjusted...

Telco

Hungary industrial output rose 13.2% yr/yr in February

Hungary’s industrial production rose 13.2% in February compared to a year earlier and was up 9.8% according to working day-adjusted...

Automotive

Chrysler, Nissan unveil production alliance

Chrysler LLC and Nissan Motor Co Ltd unveiled a production alliance on Monday that gives the US automaker the small...

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...