Business

Deals

Norway’s oil fund to up emerging market exposure

Norway’s government wants its nearly $400 billion oil fund to invest more in emerging markets and hold bigger stakes in...

Deals

Norway’s oil fund to up emerging market exposure

Norway’s government wants its nearly $400 billion oil fund to invest more in emerging markets and hold bigger stakes in...

Pharma

Venezuela nationalizes cement industry

Venezuelan President Hugo Chavez on Thursday ordered the nationalization of the country’s cement industry in efforts to help tackle a...

Pharma

Venezuela nationalizes cement industry

Venezuelan President Hugo Chavez on Thursday ordered the nationalization of the country’s cement industry in efforts to help tackle a...

Deals

Slovak pipeline stake could be transferred to Russia

Slovakia, who wants to retrieve 49% of its shares in pipeline operator Transpetrol, could subsequently transfer the stake to Russia,...

Deals

Slovak pipeline stake could be transferred to Russia

Slovakia, who wants to retrieve 49% of its shares in pipeline operator Transpetrol, could subsequently transfer the stake to Russia,...

Retail

Dell to cut more jobs in cost-cutting ‘mission’

Dell Inc plans to cut more jobs than the 8,800 it had targeted as it seeks to reduce expenses by...

Retail

Dell to cut more jobs in cost-cutting ‘mission’

Dell Inc plans to cut more jobs than the 8,800 it had targeted as it seeks to reduce expenses by...

Pharma

JP Morgan bets on large biotechs to beat recession

J.P. Morgan is betting that healthcare stocks, especially in the biotech sector, will weather a US recession and outperform the...

Pharma

JP Morgan bets on large biotechs to beat recession

J.P. Morgan is betting that healthcare stocks, especially in the biotech sector, will weather a US recession and outperform the...

Deals

Analysis: As stability czar, Fed could pry into hedge funds

If the Federal Reserve gets a sweeping new role as the czar of market stability under a US Treasury plan,...

Deals

Analysis: As stability czar, Fed could pry into hedge funds

If the Federal Reserve gets a sweeping new role as the czar of market stability under a US Treasury plan,...

Sustainability

IMF sees housing corrections, monetary challenges

Several European nations that had housing booms might see a sharp fall in prices and policy-makers should treat real estate...

Sustainability

IMF sees housing corrections, monetary challenges

Several European nations that had housing booms might see a sharp fall in prices and policy-makers should treat real estate...

Pharma

Lufthansa Systems opens operation center in Budapest

Lufthansa Systems has opened an operation center, a service centre responsible for maintenance of Lufthansa’s network and server system, in...

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...

Real Estate

Erste Real Estate Investment Fund Buys H2Offices

Skanska has agreed to sell the second phase of its H2Offices complex to Erste Open-Ended Real Estate Investment Fund, represented...

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...

Erste Real Estate Investment Fund Buys H2Offices

Skanska has agreed to sell the second phase of its H2Offices complex to Erste Open-Ended Real Estate Investment Fund, represented...