Business

Deals

StatoilHydro buys Anadarko projects for $1.8 bln

Norwegian oil group StatoilHydro said on Tuesday it has agreed to buy stakes in two projects from US Anadarko for...

Deals

StatoilHydro buys Anadarko projects for $1.8 bln

Norwegian oil group StatoilHydro said on Tuesday it has agreed to buy stakes in two projects from US Anadarko for...

Transport

Virgin buys Rolls engines, sees no new US flights

Virgin Atlantic Airways said on Monday it would buy engines from Britain’s Rolls-Royce Group Plc worth $2.6 billion to power...

Transport

Virgin buys Rolls engines, sees no new US flights

Virgin Atlantic Airways said on Monday it would buy engines from Britain’s Rolls-Royce Group Plc worth $2.6 billion to power...

Interview

France backs German candidate for EBRD presidency

France backs Germany’s Thomas Mirow for the presidency of the European Bank for Reconstruction and Development (EBRD), French Economy Minister...

Interview

France backs German candidate for EBRD presidency

France backs Germany’s Thomas Mirow for the presidency of the European Bank for Reconstruction and Development (EBRD), French Economy Minister...

Ecosystem

Montenegro joins EU’s competitiveness, innovation program

Montenegro on Monday joined the European Union’s Competitiveness and Innovation Program (CIP), following the footsteps of three fellow candidate and...

Ecosystem

Montenegro joins EU’s competitiveness, innovation program

Montenegro on Monday joined the European Union’s Competitiveness and Innovation Program (CIP), following the footsteps of three fellow candidate and...

Deals

Hungary: Gov’t sets up anti-faking monitor

The government announced on Monday, that it has founded a new organization called HENT, to protect intellectual property. Government Commissioner...

Deals

Hungary: Gov’t sets up anti-faking monitor

The government announced on Monday, that it has founded a new organization called HENT, to protect intellectual property. Government Commissioner...

Deals

Investor AB may use Scania proceeds for purchases

Swedish Investment firm, Investor AB, said on Monday it could use proceeds from selling its Scania stake to fund acquisitions,...

Deals

Investor AB may use Scania proceeds for purchases

Swedish Investment firm, Investor AB, said on Monday it could use proceeds from selling its Scania stake to fund acquisitions,...

Interview

IMF chief says ECB needs political balance

The euro is overvalued and the European Central Bank needs a political counterweight to compensate for the fact that is...

Interview

IMF chief says ECB needs political balance

The euro is overvalued and the European Central Bank needs a political counterweight to compensate for the fact that is...

Deals

Barclays agrees to buy 100% in Russia’s Expobank

Barclays Bank has signed a deal to buy Russia’s Expobank for $745 million, the British bank said on Monday....

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...