Business

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....

Deals

Hungary growth to remain sluggish in first part of year – GKI

Hungary’s economy could pullout of a slump this year, though growth will remain sluggish in the first half and especially...

Deals

Hungary growth to remain sluggish in first part of year – GKI

Hungary’s economy could pullout of a slump this year, though growth will remain sluggish in the first half and especially...

Automotive

Mitsubishi maps out midterm growth plan

Mitsubishi Motors Corp said it would focus on promising new car markets to secure medium-term growth, announcing a target of...

Automotive

Mitsubishi maps out midterm growth plan

Mitsubishi Motors Corp said it would focus on promising new car markets to secure medium-term growth, announcing a target of...

Automotive

Renault to pay over $1 bln for AvtoVAZ

French carmaker Renault will pay over $1 billion for a stake of 25% plus one share in Russia's largest carmaker...

Automotive

Renault to pay over $1 bln for AvtoVAZ

French carmaker Renault will pay over $1 billion for a stake of 25% plus one share in Russia's largest carmaker...

Office Market

TriGránit kicks off Krakow retail center construction

The cornerstone was laid on the construction site of the Bonarka City Center in Krakow, the investor TriGránit said in...

Office Market

TriGránit kicks off Krakow retail center construction

The cornerstone was laid on the construction site of the Bonarka City Center in Krakow, the investor TriGránit said in...

Retail

Microsoft cuts Vista prices to urge upgrades

Microsoft Corp said it plans to cut prices of its Windows Vista operating system sold at retail outlets in a...

Retail

Microsoft cuts Vista prices to urge upgrades

Microsoft Corp said it plans to cut prices of its Windows Vista operating system sold at retail outlets in a...

Deals

Abandoned trading band shows resignation to distant euro

Hungary’s decision to change its exchange rate policy is an admission of defeat for its bid for early euro entry,...

Deals

Abandoned trading band shows resignation to distant euro

Hungary’s decision to change its exchange rate policy is an admission of defeat for its bid for early euro entry,...

Interview

Greece, Hungary name candidates for top EBRD job

Greece named former Finance Minister Yannos Papantoniou as its candidate for the top job at the EBRD, and Budapest said...

Interview

Greece, Hungary name candidates for top EBRD job

Greece named former Finance Minister Yannos Papantoniou as its candidate for the top job at the EBRD, and Budapest said...

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...