Business

Deals

Rosneft: Siberian field to produce cheaper oil, than Saudi crude

An oil deposit, which Russian state-controlled crude producer Rosneft is developing in East Siberia, will produce cheaper oil than Saudi...

Deals

Rosneft: Siberian field to produce cheaper oil, than Saudi crude

An oil deposit, which Russian state-controlled crude producer Rosneft is developing in East Siberia, will produce cheaper oil than Saudi...

Automotive

Europe new car sales up 0.3% in Jan – ACEA

New passenger-car registrations slipped 0.3% in Europe in January, with robust sales in emerging markets to the east offsetting stagnant...

Automotive

Europe new car sales up 0.3% in Jan – ACEA

New passenger-car registrations slipped 0.3% in Europe in January, with robust sales in emerging markets to the east offsetting stagnant...

Automotive

Top oil firms spend more but get less crude

The world’s three largest fully publicly traded oil firms are investing billions of dollars more, but there is little sign...

Automotive

Top oil firms spend more but get less crude

The world’s three largest fully publicly traded oil firms are investing billions of dollars more, but there is little sign...

Deals

TerraKapital Cyprus to raise €15 mln for investments in Romania

TerraKapital, the Cyprus registered company targeting to achieve above-average returns of over 20% per annum by investing in property assets...

Deals

TerraKapital Cyprus to raise €15 mln for investments in Romania

TerraKapital, the Cyprus registered company targeting to achieve above-average returns of over 20% per annum by investing in property assets...

Interview

Slovakia says on track for euro zone entry

Slovakia’s finance minister said on Tuesday his country was on track in its bid to join the euro zone in...

Interview

Slovakia says on track for euro zone entry

Slovakia’s finance minister said on Tuesday his country was on track in its bid to join the euro zone in...

Competition

Russia’s VimpelCom receives $3.5 bln loan for asset purchase

Russia’s second-largest mobile phone operator VimpelCom said on Tuesday it had received a $3.5 billion syndicated loan to finance the...

Competition

Russia’s VimpelCom receives $3.5 bln loan for asset purchase

Russia’s second-largest mobile phone operator VimpelCom said on Tuesday it had received a $3.5 billion syndicated loan to finance the...

Competition

Nokia to add Google search on handsets – extended

Nokia will add Google’s search engine to its handsets, starting with selected phones and markets and ultimately extending to some...

Competition

Nokia to add Google search on handsets – extended

Nokia will add Google’s search engine to its handsets, starting with selected phones and markets and ultimately extending to some...

Competition

Microsoft to persist with takeover bid despite Yahoo’s refusal

Microsoft said that it would continue its efforts to take over Internet search engine and web portal giant Yahoo although...

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...