Business

Automotive

Hyundai to build car factory in northwest Russia

According to Ria Novosti, South Korean auto giant Hyundai has signed a deal with St. Petersburg authorities to build a...

Automotive

Hyundai to build car factory in northwest Russia

According to Ria Novosti, South Korean auto giant Hyundai has signed a deal with St. Petersburg authorities to build a...

Deals

Fortuna buys Croatian betting firm Favorit

Betting company Fortuna has expanded its activities to the Croatian odds betting market where it has gained number two company...

Deals

Fortuna buys Croatian betting firm Favorit

Betting company Fortuna has expanded its activities to the Croatian odds betting market where it has gained number two company...

HR

Global knowledge, local practices

Doit HR Services and Consulting Ltd. was established to offer professional strategic HR solutions to its Clients. Originating from a...

HR

Global knowledge, local practices

Doit HR Services and Consulting Ltd. was established to offer professional strategic HR solutions to its Clients. Originating from a...

Interview

Veres optimistic on deficit developments

Hungary’s state deficit will be lower than the 6.2% of GDP last forecast by the government, Finance Minister János Veres...

Interview

Veres optimistic on deficit developments

Hungary’s state deficit will be lower than the 6.2% of GDP last forecast by the government, Finance Minister János Veres...

Competition

Telenor Srbija opts for Nokia Siemens

The Serbian division of Norwegian telco major Telenor has selected Nokia Siemens Networks as the supplier of its 3G radio...

Competition

Telenor Srbija opts for Nokia Siemens

The Serbian division of Norwegian telco major Telenor has selected Nokia Siemens Networks as the supplier of its 3G radio...

Interview

Serbia to resist external pressure in Kosovo dispute

Serb premier Vojislav Koštunica says no pressure or promise of reward can force Serbia to give up its right to...

Interview

Serbia to resist external pressure in Kosovo dispute

Serb premier Vojislav Koštunica says no pressure or promise of reward can force Serbia to give up its right to...

Pharma

Echo presents Mundo City Center design concept

Polish real estate investor Echo Investment presented the new concept of Mundo City Centre at the Budapest Central Architectural and...

Pharma

Echo presents Mundo City Center design concept

Polish real estate investor Echo Investment presented the new concept of Mundo City Centre at the Budapest Central Architectural and...

Retail

Tesco to expand Czech presence

British retail giant Tesco is reported to be expanding its share of the Czech market, looking to acquire a local...

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...