Business

Automotive

Ferrari ups annual sales by 14%

Italy’s luxury car producer Ferrari sold 6,400 cars in 2007, up 14% from 2006....

Automotive

Ferrari ups annual sales by 14%

Italy’s luxury car producer Ferrari sold 6,400 cars in 2007, up 14% from 2006....

Retail

EU to probe Microsoft on antitrust allegations

The European Commission announced it has decided to launch two new antitrust investigations against Microsoft, months after the software giant...

Retail

EU to probe Microsoft on antitrust allegations

The European Commission announced it has decided to launch two new antitrust investigations against Microsoft, months after the software giant...

Automotive

Audi ups Hungarian output

The Hungarian factory of car manufacturer Audi significantly increased the produce of its Győr plant in 2007, the company announced....

Automotive

Hungarian car sales increase

The number of cars sold in Hungary last year decreased by 5.8% to 177,000 (compared to 2006), according to data...

Automotive

Audi ups Hungarian output

The Hungarian factory of car manufacturer Audi significantly increased the produce of its Győr plant in 2007, the company announced....

Automotive

Hungarian car sales increase

The number of cars sold in Hungary last year decreased by 5.8% to 177,000 (compared to 2006), according to data...

Deals

Norwegian oil production drops

As expected, oil production was somewhat lower in 2007 than in the previous year, while gas production has increased. This...

Deals

Norwegian oil production drops

As expected, oil production was somewhat lower in 2007 than in the previous year, while gas production has increased. This...

Competition

Bulgaria buys US military vehicles

Bulgaria has signed a contract on purchasing seven armored security vehicles (ASV) from US company Textron....

Competition

Bulgaria buys US military vehicles

Bulgaria has signed a contract on purchasing seven armored security vehicles (ASV) from US company Textron....

Deals

UniCredit seeks Israeli funds for Polish bourse

UniCredit Markets & Investment Banking (UMIB), a leading European investment bank, which will soon be opening its first office in...

Deals

UniCredit seeks Israeli funds for Polish bourse

UniCredit Markets & Investment Banking (UMIB), a leading European investment bank, which will soon be opening its first office in...

Pharma

Eclipse to build jets in Russia

A European private investment firm will become the largest shareholder in Eclipse Aviation in a deal that paves the way...

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...