Business

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...

Interview

No need for further stimulus in Europe – Almunia

There is no obvious need for more fiscal stimulus in Europe in view of measures already foreseen in 2008 budgets,...

Interview

No need for further stimulus in Europe – Almunia

There is no obvious need for more fiscal stimulus in Europe in view of measures already foreseen in 2008 budgets,...

Pharma

Groupama takes Hungary’s OTP insurance business

OTP Bank Nyrt and French insurance company Groupama S.A. agreed yesterday on an exclusive long term regional partnership covering the...

Pharma

Groupama takes Hungary’s OTP insurance business

OTP Bank Nyrt and French insurance company Groupama S.A. agreed yesterday on an exclusive long term regional partnership covering the...

Competition

India, Russia trade to hit $20 bln by 2015

Trade between India and Russia has the potential to hit $10 billion by 2010 and $20 billion by 2015 if...

Competition

India, Russia trade to hit $20 bln by 2015

Trade between India and Russia has the potential to hit $10 billion by 2010 and $20 billion by 2015 if...

Interview

Analysis: G7 targets causes of market crises, cure elusive

Beyond the immediate challenge of crisis containment, the G7 industrialized nations promised over the weekend to fix the financial market...

Interview

Analysis: G7 targets causes of market crises, cure elusive

Beyond the immediate challenge of crisis containment, the G7 industrialized nations promised over the weekend to fix the financial market...

Interview

G7 approves IMF gold sales

The Group of Seven rich nations on Saturday approved the sale of gold by the International Monetary Fund from April...

Interview

G7 approves IMF gold sales

The Group of Seven rich nations on Saturday approved the sale of gold by the International Monetary Fund from April...

Deals

Austria capitalizes on tourism lure

The Austrian business agency ABA helped 201 foreign investors to set up businesses in Austria (compared to 152 in 2006)....

Deals

Austria capitalizes on tourism lure

The Austrian business agency ABA helped 201 foreign investors to set up businesses in Austria (compared to 152 in 2006)....

Sustainability

Romania seeing real estate boom

Romanian real estate transactions soared by 150% in 2007 compared to the previous year, making the country the most booming...

Sustainability

Romania seeing real estate boom

Romanian real estate transactions soared by 150% in 2007 compared to the previous year, making the country the most booming...

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...