Business

Pharma

GE to bring further production to Hungary

General Electric (GE) Energy Environmental Services will deploy the company’s industrial filter production capacities in Europe to Nagykanizsa, the daily...

Pharma

WB: China’s GDP could be 40% smaller

China’s GDP may be 40% smaller than previously estimated, according to a World Bank report, but the bank’s president says...

Pharma

WB: China’s GDP could be 40% smaller

China’s GDP may be 40% smaller than previously estimated, according to a World Bank report, but the bank’s president says...

Interview

Ukraine’s parliament approves Tymoshenko as PM

Ukraine’s parliament elected Yulia Tymoshenko as prime minister Tuesday....

Interview

Ukraine’s parliament approves Tymoshenko as PM

Ukraine’s parliament elected Yulia Tymoshenko as prime minister Tuesday....

Deals

Lufthansa will buy up to 19% in JetBlue

JetBlue Corporation and Deutsche Lufthansa AG have announced an agreement for Lufthansa to make a minority equity investment in JetBlue....

Deals

Lufthansa will buy up to 19% in JetBlue

JetBlue Corporation and Deutsche Lufthansa AG have announced an agreement for Lufthansa to make a minority equity investment in JetBlue....

Transport

Wizz Air closes sale and leaseback transaction

Wizz Air and GE Commercial Aviation Services (GECAS) announced the closing of a sale and lease back transaction for six...

Transport

Wizz Air closes sale and leaseback transaction

Wizz Air and GE Commercial Aviation Services (GECAS) announced the closing of a sale and lease back transaction for six...

Deals

Goldman Sachs to launch $10 billion hedge fund

Despite the on-going mortgage credit crisis, Goldman Sachs Group Inc is preparing to launch a record $10 billion hedge fund,...

Deals

Goldman Sachs to launch $10 billion hedge fund

Despite the on-going mortgage credit crisis, Goldman Sachs Group Inc is preparing to launch a record $10 billion hedge fund,...

Interview

WTO to investigate US farm subsidies

The World Trade Organization (WTO) established an expert panel on Monday to investigate and rule whether high-level US farm subsidies...

Interview

WTO to investigate US farm subsidies

The World Trade Organization (WTO) established an expert panel on Monday to investigate and rule whether high-level US farm subsidies...

Automotive

Honda said to build engine plant in Guangzhou, China

Japanese automotive giant Honda Motor Co., Ltd. will invest ¥30 billion (about $264.8 million) to build an engine plant in...

Automotive

Honda said to build engine plant in Guangzhou, China

Japanese automotive giant Honda Motor Co., Ltd. will invest ¥30 billion (about $264.8 million) to build an engine plant in...

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...