Business

Pharma

Dell opens second European plant in Poland

Dell has opened a plant in Poland to cope with increased demand from consumers and businesses in Central and Eastern...

Pharma

Dell opens second European plant in Poland

Dell has opened a plant in Poland to cope with increased demand from consumers and businesses in Central and Eastern...

Deals

France’s Societe Generale hit by fraud

One of France’s largest banks, Societe Generale, said Thursday it has lost €4.9 billion ($7.1 billion) through what it called...

Deals

France’s Societe Generale hit by fraud

One of France’s largest banks, Societe Generale, said Thursday it has lost €4.9 billion ($7.1 billion) through what it called...

Automotive

GM might concede world’s top auto maker title to Toyota

General Motors Corp. might have lost its world’s top automaker spot to its Japanese rival Toyota Motor Corp. as GM...

Automotive

GM might concede world’s top auto maker title to Toyota

General Motors Corp. might have lost its world’s top automaker spot to its Japanese rival Toyota Motor Corp. as GM...

Interview

Czech sets no deadline for talks on US radar base

The Czech republic has set no date for the completion of talks with the United States about a US radar...

Interview

Czech sets no deadline for talks on US radar base

The Czech republic has set no date for the completion of talks with the United States about a US radar...

Interview

EU concerned over impact of market slump

European finance ministers said a global stock-market slump and an economic slowdown in the United States threaten to slow growth...

Interview

EU concerned over impact of market slump

European finance ministers said a global stock-market slump and an economic slowdown in the United States threaten to slow growth...

Automotive

Hungary’s Rába and Germany peer establish JV

Listed engineering Hungarian company Rába has spun off its foundry business into a new joint venture with German peer M....

Automotive

Hungary’s Rába and Germany peer establish JV

Listed engineering Hungarian company Rába has spun off its foundry business into a new joint venture with German peer M....

Sustainability

Bulgaria’s real estate to rise 10-15% in 2008

Bulgarian house prices are expected to increase by 10 to 15% in 2008, according to a forecast Monday by local...

Sustainability

Bulgaria’s real estate to rise 10-15% in 2008

Bulgarian house prices are expected to increase by 10 to 15% in 2008, according to a forecast Monday by local...

Interview

Slovak gov’t sees 2007 budget gap under 2.5% of GDP

Slovakia’s 2007 public sector deficit fell below 2.5% of GDP, Deputy Finance Minister Frantisek Palko said on Tuesday, citing preliminary...

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...