Business

Retail

China warns investors of investment risks

China’s banking regulators on Wednesday gave the country’s consumers a lesson in basic financial fundamentals, urging them against the risks...

Transport

Wizz Air enhances summer operations

Wizz Air, the largest low cost airline based in CEE recently announced a series of developments from its bases in...

Transport

Wizz Air enhances summer operations

Wizz Air, the largest low cost airline based in CEE recently announced a series of developments from its bases in...

Automotive

Russian-Indian BrahMos JV buys plant to double missile production

The Russian-Indian joint venture BrahMos has bought a manufacturing plant in south India to double production of its supersonic cruise...

Automotive

Russian-Indian BrahMos JV buys plant to double missile production

The Russian-Indian joint venture BrahMos has bought a manufacturing plant in south India to double production of its supersonic cruise...

Interview

Inflation in Russia 11.9-12% in 2007, 8.5% in 2008 – minister

Inflation will be 11.9-12% in Russia in 2007 and 8.5% next year, the finance minister said on Saturday....

Interview

Inflation in Russia 11.9-12% in 2007, 8.5% in 2008 – minister

Inflation will be 11.9-12% in Russia in 2007 and 8.5% next year, the finance minister said on Saturday....

Interview

Ukraine parliament approves 2008 budget

Ukraine’s sharply divided parliament overcame a critical financial and political hurdle on Friday to pass into law the 2008 government...

Interview

Ukraine parliament approves 2008 budget

Ukraine’s sharply divided parliament overcame a critical financial and political hurdle on Friday to pass into law the 2008 government...

Deals

US Gores Group completes acquisition of Tyco Electronics

The Gores Group, a leading investment firm, announced on Friday that it closed its acquisition of Tyco Electronics Power Systems...

Deals

US Gores Group completes acquisition of Tyco Electronics

The Gores Group, a leading investment firm, announced on Friday that it closed its acquisition of Tyco Electronics Power Systems...

Automotive

Poland, Russia to discuss missile defense in Warsaw, Jan 10

A Russian delegation, led by Deputy Foreign Minister Sergei Kislyak, will visit Warsaw on January 10, 2008 to discuss the...

Automotive

Poland, Russia to discuss missile defense in Warsaw, Jan 10

A Russian delegation, led by Deputy Foreign Minister Sergei Kislyak, will visit Warsaw on January 10, 2008 to discuss the...

Competition

EC regulators charge three airlines with price fixing

Regulators from the European Union have charged three more airlines this week with violation of competition rules. The three airlines...

Competition

EC regulators charge three airlines with price fixing

Regulators from the European Union have charged three more airlines this week with violation of competition rules. The three airlines...

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...

Retail

Aldi Cuts Selection and Prices, Shifts toward Stricter Discount Model

Aldi has reduced its food assortment from 2,600 to 2,100 products as part of a data‑driven cleaning process that keeps...

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...

Aldi Cuts Selection and Prices, Shifts toward Stricter Discount Model

Aldi has reduced its food assortment from 2,600 to 2,100 products as part of a data‑driven cleaning process that keeps...