Business

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...

HR

Siemens announces agreement on job cuts

Siemens AG on Tuesday announced an agreement with the works council at its Siemens Enterprise Communications unit on a package...

HR

Siemens announces agreement on job cuts

Siemens AG on Tuesday announced an agreement with the works council at its Siemens Enterprise Communications unit on a package...

Deals

Arriva lands in Eastern Europe – extended

British bus and rail operator Arriva said on Monday it had entered the Hungary and Slovakia markets for the first...

Deals

Arriva lands in Eastern Europe – extended

British bus and rail operator Arriva said on Monday it had entered the Hungary and Slovakia markets for the first...

Telco

Seadrill says wins $4.1 bln Petrobras contracts – extended

Oilfield services group Seadrill has won deepwater rig contracts from Brazil’s Petrobras potentially worth $4.1 billion, Seadrill said on Monday....

Telco

Seadrill says wins $4.1 bln Petrobras contracts – extended

Oilfield services group Seadrill has won deepwater rig contracts from Brazil’s Petrobras potentially worth $4.1 billion, Seadrill said on Monday....

Competition

Citi examines break up of German business

Citigroup is eyeing a break-up or sale of its business in Germany as part of a global reorganization of the...

Competition

Citi examines break up of German business

Citigroup is eyeing a break-up or sale of its business in Germany as part of a global reorganization of the...

Retail

Novartis cancer drug starts late-stage trial

Novartis AG said it has started a late-stage trial for its ASA404 drug in lung cancer, after the treatment disrupting...

Retail

Novartis cancer drug starts late-stage trial

Novartis AG said it has started a late-stage trial for its ASA404 drug in lung cancer, after the treatment disrupting...

Competition

EU rules against Deutsche Telekom over price fixing case

An EU court ruled against Deutsche Telekom, which was charged with overturning a price-fixing fine imposed by the European Commission...

Competition

EU rules against Deutsche Telekom over price fixing case

An EU court ruled against Deutsche Telekom, which was charged with overturning a price-fixing fine imposed by the European Commission...

Pharma

ArcelorMittal wins EU approval to form joint venture

ArcelorMittal, the world's largest steelmaker, won approval from the European Union (EU) to form a flat carbon steel joint venture...

Pharma

ArcelorMittal wins EU approval to form joint venture

ArcelorMittal, the world's largest steelmaker, won approval from the European Union (EU) to form a flat carbon steel joint venture...

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...