Business

Automotive

China becomes world’s second largest gold producer in 2007

China produced 270.29 tons of gold last year, up 12.67% from 2006, which made it the world’s second largest bullion...

Automotive

China becomes world’s second largest gold producer in 2007

China produced 270.29 tons of gold last year, up 12.67% from 2006, which made it the world’s second largest bullion...

Competition

Splendid isolation

London-based emerging market analysts disagree on the question of how much the region, including Hungary, managed to achieve independence from...

Competition

Splendid isolation

London-based emerging market analysts disagree on the question of how much the region, including Hungary, managed to achieve independence from...

Sustainability

Real estate investments down

The current financial upheaval had a strong impact on the European real estate market: in the last quarter of 2007,...

Sustainability

Real estate investments down

The current financial upheaval had a strong impact on the European real estate market: in the last quarter of 2007,...

Transport

Austrian expands Europe network

Austrian Airlines adds new flights from Vienna to London and Romania....

Transport

Austrian expands Europe network

Austrian Airlines adds new flights from Vienna to London and Romania....

Automotive

Peugeot-Citroen to sign deal on setting up car plant in Russia

French car giant Peugeot-Citroen will sign an agreement on Tuesday to set up an auto plant near Kaluga, about 200km...

Automotive

Peugeot-Citroen to sign deal on setting up car plant in Russia

French car giant Peugeot-Citroen will sign an agreement on Tuesday to set up an auto plant near Kaluga, about 200km...

Deals

Nokia in talks to sell German automotive unit

Faced with sharp criticism over planned layoffs in Germany, Nokia Corp. said Monday it’s in talks to sell a division...

Deals

Nokia in talks to sell German automotive unit

Faced with sharp criticism over planned layoffs in Germany, Nokia Corp. said Monday it’s in talks to sell a division...

Deals

South Korea: Foreign investors raise stakes in 24 firms

While some foreign investors are selling Seoul stocks on concerns of a US recession, others are continuing to purchase and...

Deals

South Korea: Foreign investors raise stakes in 24 firms

While some foreign investors are selling Seoul stocks on concerns of a US recession, others are continuing to purchase and...

Deals

EBRD grants €80 mln financing for energy firms in Romania

Romania is set to receive €80 million (about $117.5 million) from the European Bank for Reconstruction and Development, and the...

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...