Business

Automotive

GM doubles Serbian market share

US-based automotive giant General Motors (GM) has reportedly 4,993 Opels and 2,492 Chevrolets in Serbia in 2007....

Automotive

GM doubles Serbian market share

US-based automotive giant General Motors (GM) has reportedly 4,993 Opels and 2,492 Chevrolets in Serbia in 2007....

Telco

Intel to invest in India

Global chip maker Intel will invest more than $1 billion in India over the next three years, seeking to establish...

Telco

Intel to invest in India

Global chip maker Intel will invest more than $1 billion in India over the next three years, seeking to establish...

Competition

OMV requests clearance for MOL takeover

Austrian oil giant OMV turned to the European Commission (EC) to request permission for purchasing the shares of Hungarian oil...

Competition

OMV requests clearance for MOL takeover

Austrian oil giant OMV turned to the European Commission (EC) to request permission for purchasing the shares of Hungarian oil...

Retail

Amazon buys Audible for $300 mln

Amazon.com has begun a new chapter in its battle for customers’ ears: it has agreed to pay $300 million for...

Retail

Amazon buys Audible for $300 mln

Amazon.com has begun a new chapter in its battle for customers’ ears: it has agreed to pay $300 million for...

Deals

Georgia: Privatizing railway, bids before strategy

Controversial and often confusing, Georgia’s aggressive privatization campaign threatens to become sidetracked by a debate over how to privatize its...

Deals

Georgia: Privatizing railway, bids before strategy

Controversial and often confusing, Georgia’s aggressive privatization campaign threatens to become sidetracked by a debate over how to privatize its...

Deals

Kazakhstan tries to forge new energy – export order

The Kashagan dispute, which ended with Kazakhstan greatly expanding its role in the venture, enabled Astana to shed its junior...

Deals

Kazakhstan tries to forge new energy – export order

The Kashagan dispute, which ended with Kazakhstan greatly expanding its role in the venture, enabled Astana to shed its junior...

Competition

China: Central bank to rule domestic gold product shipments

The central bank said on Thursday that the some types of gold and gold product shipments would require its permission....

Competition

China: Central bank to rule domestic gold product shipments

The central bank said on Thursday that the some types of gold and gold product shipments would require its permission....

Retail

UC RusAl to launch aluminum plant in Nigeria in February

Alscon, a smelter in south Nigeria owned by Russia’s aluminum giant UC RusAl, will resume operations within a month, a...

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...