Business

Interview

V4 Premiers and Slovenian PM continue with meeting

The second day of an informal meeting of the prime ministers of the Visegrád Four (V4) countries and Slovenia began...

Automotive

Swedish Volvo, and Eicher to set up JV in India

Indian Eicher Motors Ltd (EML) has announced that the company and Volvo AB have signed a Letter of Intent (LOI)...

Automotive

Swedish Volvo, and Eicher to set up JV in India

Indian Eicher Motors Ltd (EML) has announced that the company and Volvo AB have signed a Letter of Intent (LOI)...

Competition

Bulgaria’s ‘Gas Co’ calls for 26% price hike

Bulgaria’s state-owned gas company Bulgargaz demanded Monday a 26% price hike on natural gas starting January 1....

Competition

Bulgaria’s ‘Gas Co’ calls for 26% price hike

Bulgaria’s state-owned gas company Bulgargaz demanded Monday a 26% price hike on natural gas starting January 1....

Automotive

Renault to sign contract for 25% stake in AvtoVAZ by Feb 25

A contract to give French giant Renault a 25% blocking stake in Russia’s largest carmaker AvtoVAZ should be signed by...

Automotive

Renault to sign contract for 25% stake in AvtoVAZ by Feb 25

A contract to give French giant Renault a 25% blocking stake in Russia’s largest carmaker AvtoVAZ should be signed by...

Pharma

GE criticizing changes in Hungary’s tax policy

The biggest American player in Hungary and active in several industries, General Electric Company has already invested over $1 billion...

Pharma

GE criticizing changes in Hungary’s tax policy

The biggest American player in Hungary and active in several industries, General Electric Company has already invested over $1 billion...

Interview

Romanian justice minister to resign

Romania’s justice minister, under investigation for allegedly abusing his position in a real estate deal, said he would hand in...

Interview

Romanian justice minister to resign

Romania’s justice minister, under investigation for allegedly abusing his position in a real estate deal, said he would hand in...

Automotive

Russia: AvtoVAZ board meet to select foreign partner

Russia’s largest automaker AvtoVAZ met Friday to choose a strategic partner among four Western firms eagerly bidding to buy into...

Automotive

Russia: AvtoVAZ board meet to select foreign partner

Russia’s largest automaker AvtoVAZ met Friday to choose a strategic partner among four Western firms eagerly bidding to buy into...

Retail

Carrefour to invest $565 mln per year in Brazil

France-headquartered hypermarket chain Carrefour announced Thursday that it would invest one billion reais (about $565 million) each year in Brazil...

Retail

Carrefour to invest $565 mln per year in Brazil

France-headquartered hypermarket chain Carrefour announced Thursday that it would invest one billion reais (about $565 million) each year in Brazil...

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...