Business

Industrial

Lithuanian commercial real estate market is stabilizes

Property consultant Colliers has reported that Lithuania’s commercial real estate segment is showing stabilization....

Industrial

Lithuanian commercial real estate market is stabilizes

Property consultant Colliers has reported that Lithuania’s commercial real estate segment is showing stabilization....

Deals

PM denies political motivations behind MVM changes

Hungarian Prime Minister Ferenc Gyurcsány denied that changes to the structure and the management of state-owned electricity wholesaler MVM are...

Deals

PM denies political motivations behind MVM changes

Hungarian Prime Minister Ferenc Gyurcsány denied that changes to the structure and the management of state-owned electricity wholesaler MVM are...

Telco

Japan’s Nippon Oil considers merger with Kyushu Oil

Japan's largest refiner Nippon Oil Corp said on Tuesday it was considering a merger with rival Kyushu Oil Co....

Telco

Japan’s Nippon Oil considers merger with Kyushu Oil

Japan's largest refiner Nippon Oil Corp said on Tuesday it was considering a merger with rival Kyushu Oil Co....

Pharma

Google ready to withstand economic downturn

oogle Inc, the world's leading Internet search engine, said on Tuesday it was well positioned to weather any economic downturn...

Pharma

Google ready to withstand economic downturn

oogle Inc, the world's leading Internet search engine, said on Tuesday it was well positioned to weather any economic downturn...

Pharma

Teva to expand Hungarian capacities

The Hungarian government has decided to award Israeli drug maker Teva a Ft 2 billion subsidy for a $100-million capacity...

Pharma

Teva to expand Hungarian capacities

The Hungarian government has decided to award Israeli drug maker Teva a Ft 2 billion subsidy for a $100-million capacity...

Retail

Spain’s Zara lands in Bulgaria

The Spanish apparel brand Zara has already rented a 1,800 square meter unit in the future Carrefour mall in Sofia,...

Retail

Spain’s Zara lands in Bulgaria

The Spanish apparel brand Zara has already rented a 1,800 square meter unit in the future Carrefour mall in Sofia,...

Deals

Philips completes $5 billion Respironics buy

Dutch Philips Electronics said it had completed the acquisition of US sleep therapy products maker Respironics Inc for $5.1 billion,...

Deals

Philips completes $5 billion Respironics buy

Dutch Philips Electronics said it had completed the acquisition of US sleep therapy products maker Respironics Inc for $5.1 billion,...

Deals

Greenspan sees many casualties from crisis

There will be many casualties from the unfolding financial market crisis, which will lead to a large-scale overhaul of international...

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...

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,...

GTA VI Preview Sends Hungarian Console Interest Surging

Clicks from Hungarian price comparison site Árukereső to online console retailers rose roughly sevenfold the day after the Aug. 27...