Business

Automotive

Ford to invest $500 mln to build small cars in India

Ford Motor Company is planning a small car for the fast-growing Indian passenger car market, and will be investing $500...

Automotive

Ford to invest $500 mln to build small cars in India

Ford Motor Company is planning a small car for the fast-growing Indian passenger car market, and will be investing $500...

Interview

Chinese vice premier to visit Poland, Romania, Luxembourg

Chinese Vice Premier Zeng Peiyan will pay official visits to Poland, Romania and Luxembourg, and attend the annual meeting of...

Interview

Chinese vice premier to visit Poland, Romania, Luxembourg

Chinese Vice Premier Zeng Peiyan will pay official visits to Poland, Romania and Luxembourg, and attend the annual meeting of...

Retail

Indian Mahindra to purchase Italian styling

Mahindra & Mahindra, India’s largest automotive conglomerates on Tuesday announced that it had bought an Italian auto-design and engineering company...

Retail

Indian Mahindra to purchase Italian styling

Mahindra & Mahindra, India’s largest automotive conglomerates on Tuesday announced that it had bought an Italian auto-design and engineering company...

Deals

Think-thank: Foreign markets may have appeal, but watch out

Investors looking to shift out of North American equities this year and employ those powerful loonies overseas, be warned: There’s...

Deals

Think-thank: Foreign markets may have appeal, but watch out

Investors looking to shift out of North American equities this year and employ those powerful loonies overseas, be warned: There’s...

Interview

Czech hourly wage growth fastest among EU newcomers

The hourly wage in the Czech Republic has, since the country’s accession to the EU in 2004, increased the fastest...

Interview

Czech hourly wage growth fastest among EU newcomers

The hourly wage in the Czech Republic has, since the country’s accession to the EU in 2004, increased the fastest...

Transport

Wizz Air: new transfer service from London Luton Airport to Victoria Station

Wizz Air, the largest low cost airline based in Central and Eastern Europe introduced a new service enhancement. Now all...

Transport

Wizz Air: new transfer service from London Luton Airport to Victoria Station

Wizz Air, the largest low cost airline based in Central and Eastern Europe introduced a new service enhancement. Now all...

Interview

US voices confidence to reach deal with Poland over missile defense

The United States said Monday it remains confident to reach a deal with Poland to deploy a missile defense system...

Interview

US voices confidence to reach deal with Poland over missile defense

The United States said Monday it remains confident to reach a deal with Poland to deploy a missile defense system...

Pharma

Cognizant eyes Hungary, Philippines

US-based IT services provider Cognizant Technology Solutions (CTS) aims to start operations in Hungary and Philippines soon....

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...