Business

Interview

EU states want fx to reflect econ reality – Slovenia

European Union member states want to make foreign exchange rates reflect economic reality, the bloc’s president Slovenia said on Tuesday....

Automotive

Audi hits record profitability, more growth to come

Volkswagen’s Audi AG premium unit enjoyed record profitability in 2007 and forecast further growth for this year in earnings, vehicle...

Automotive

Audi hits record profitability, more growth to come

Volkswagen’s Audi AG premium unit enjoyed record profitability in 2007 and forecast further growth for this year in earnings, vehicle...

Transport

Air France-KLM puts conditions on Alitalia bid

Air France-KLM sought to win the backing of Italian labor unions as it announced a conditional bid for ailing Alitalia...

Transport

Air France-KLM puts conditions on Alitalia bid

Air France-KLM sought to win the backing of Italian labor unions as it announced a conditional bid for ailing Alitalia...

Deals

Dundee Precious Metals, Bulgaria strike gold mine deal

The Bulgarian government and Dundee Precious Metals Inc have reached a long-stalled deal over the Canadian company’s plans to expand...

Deals

Dundee Precious Metals, Bulgaria strike gold mine deal

The Bulgarian government and Dundee Precious Metals Inc have reached a long-stalled deal over the Canadian company’s plans to expand...

Deals

Slovenia posts record ‘07 growth, slowdown seen

Slovenia posted the highest economic growth since its 1991 independence last year, when it joined the euro zone, but analysts...

Deals

Slovenia posts record ‘07 growth, slowdown seen

Slovenia posted the highest economic growth since its 1991 independence last year, when it joined the euro zone, but analysts...

Deals

MOL recruits Oman Oil in OMV fight

Hungarian oil firm MOL will sell 8% of its shares to Oman Oil Co (OOC) in a move analysts say...

Deals

MOL recruits Oman Oil in OMV fight

Hungarian oil firm MOL will sell 8% of its shares to Oman Oil Co (OOC) in a move analysts say...

Deals

Libya asks partners to reduce oil field stake

Libya has asked its consortium partners to cut stakes in one of its oilfields, as part of an effort to...

Deals

Libya asks partners to reduce oil field stake

Libya has asked its consortium partners to cut stakes in one of its oilfields, as part of an effort to...

Interview

OPEC president: Oil spike to last through 08

Oil prices will stay at current high levels for the rest of this year due to speculation and geopolitical tensions,...

Interview

OPEC president: Oil spike to last through 08

Oil prices will stay at current high levels for the rest of this year due to speculation and geopolitical tensions,...

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...