Business

Telco

Gov’t to push through electricity market changes

Hungarian Finance Minister János Veres said the government wants to change laws governing the electricity market before Parliament's summer recess....

Deals

Toyota unlikely to meet 2008 sales target

Toyota Motor Corp is unlikely to meet its global sales target of 9.85 million units this year due to slowing...

Deals

Toyota unlikely to meet 2008 sales target

Toyota Motor Corp is unlikely to meet its global sales target of 9.85 million units this year due to slowing...

Deals

Dell to buy $23 billion in components from China

Dell Inc, the world's second-biggest personal computer maker, said it plans to buy $23 billion worth of components and other...

Deals

Dell to buy $23 billion in components from China

Dell Inc, the world's second-biggest personal computer maker, said it plans to buy $23 billion worth of components and other...

Deals

Hungary’s MOL, OTP want say in bourse strategy-paper

Hungary's MOL and OTP have sent a letter to the Austrian investor group controlling the Budapest Stock Exchange (BSE) to...

Deals

Hungary’s MOL, OTP want say in bourse strategy-paper

Hungary's MOL and OTP have sent a letter to the Austrian investor group controlling the Budapest Stock Exchange (BSE) to...

Automotive

Energy crunch seen after 2011

Peak oil, the point at which global petroleum production reaches its maximum, could come as early as 2011, an expert...

Automotive

Energy crunch seen after 2011

Peak oil, the point at which global petroleum production reaches its maximum, could come as early as 2011, an expert...

Deals

RWE prepares for British Energy takeover

German utility RWE, has emerged as the early leader in a potential battle for control of British Energy....

Deals

RWE prepares for British Energy takeover

German utility RWE, has emerged as the early leader in a potential battle for control of British Energy....

Deals

MOL discovers gas in Pakistan

Hungarian energy major MOL has released a statement saying it has made a new (third) discovery of gas and condensate...

Deals

MOL discovers gas in Pakistan

Hungarian energy major MOL has released a statement saying it has made a new (third) discovery of gas and condensate...

Deals

Fast growing industrial property prices in Bulgaria

Sofia’s industrial and logistic areas posted a 9% mark-up year-on-year in rental prices, which places Bulgarian capital among Europe’s 10...

Deals

Fast growing industrial property prices in Bulgaria

Sofia’s industrial and logistic areas posted a 9% mark-up year-on-year in rental prices, which places Bulgarian capital among Europe’s 10...

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...

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...

Hungary Retail Sales Rise 2.4% in August

Hungary’s retail sales volume increased 2.4% year on year in August but fell 0.7% from July, according to data from...

Hungarian EV Market Continues to Grow, Leading CEE

Electromobility in Hungary continues to grow. In the first half of the year, 7,497 new all-electric passenger cars were registered,...