David Landry

Tourism

KSH: Healthy increase in guest nights in Hungary

The Central Statistics Office (KSH) released figures on commercial accommodation in Hungary which showed a 6.2% increase year-on-year for July...

Automotive

Audi introduces Győr-made A3 Cabriolet in Frankfurt

Audi introduces its new A3 Cabriolet, a vehicle to be manufactured in Győr, to media at the Frankfurt Motor Show...

Pharma

To the East: Three big deals signed with Chinese interests

The Eastward-facing agenda for the Hungarian import/export industry touted by Foreign Trade Secretary Péter Szijjártó and the current administration got...

Pharma

To the East: Three big deals signed with Chinese interests

The Eastward-facing agenda for the Hungarian import/export industry touted by Foreign Trade Secretary Péter Szijjártó and the current administration got...

EU

EU to free up suspended funds (minus penalty)

As expected, European Union authorities have decided to restart development funding to Hungary, though the country will see a €230...

EU

EU to free up suspended funds (minus penalty)

As expected, European Union authorities have decided to restart development funding to Hungary, though the country will see a €230...

Tourism

Forecast: August CPI to be 1.65%

Based on a poll of local analysts, daily newspaper Napi Gazdaság reckons that consumer price inflation (CPI) will likely be...

History

Orbán opens parliament session, talks tough on issues

Prime Minister Viktor Orbán opened the autumn 2013 session of parliament today with a long “state of the administration”-type speech...

History

Budget deficit for 2013 now HUF 1.05 trillion

Draft legislation submitted by National Economy Minister Mihály Varga showed that the Hungarian federal deficit for 2013 will be HUF...

History

Orbán, Suzuki introduce new SX4 compact

Prime Minister Viktor Orbán visited the Esztergom factory of Suzuki Motor Corporation on Friday to “drive” the first SX4 S-CROSS...

Tourism

Suspected Pink Panther busted in Hungary

In a case of Life Imitates Hollywood, Montenegrin authorities have reported the arrest and detainment of a suspect identified only...

Elections

MSzP giddily spins mixed results in weekend by-elections

Though an independent candidate won a weekend by-election in Nyírbátor and the Fidesz candidate won in Vác, MSzP party spokesman...

Automotive

Further increase in production volume for July

The Central Statistics Office (KSH) has released statistics on Hungarian industrial output for July, with figures showing a 4.8% increase...

Awards

Seven injured in pre-match fracas in Bucharest

Before Team Hungary egregiously dropped its World Cup qualifier match to Romania, 3-0, in Bucharest on Friday night, Hungarian fans...

BBJ’s stories of the week, August 31-September 6

It’s Friday, another ending of a news cycle – and so, before BBJ gets away for the weekend, we take...

Visits

Hungary: Loving it, leaving it

When I first came here, local folks mostly asked me “Why Hungary?” Now when I tell them I’m leaving, they...

Int'l Relations

Szijjártó declares end of classic diplomacy

Perhaps gearing up for the rumored merging of foreign trade and foreign affairs ministries in a new government composition to...

Party Popularity

EP election: Fidesz, Jobbik tops on low voter turnout

Cruising to a landslide victory in which the governing Fidesz-KDNP coalition garnered 51.5% of the vote, opposition party MSzP and...

Deals

Ablon rechristened as CPI Hungary

Due to the takeover of its Hungarian operations by Czech Republic-based CPI Group in mid-2013, real estate firm Ablon has...

MNB

Debt rises to all-time high, government spins figure

Hungary’s gross consolidated government sector debt, calculated at nominal value, in line with the Maastricht methodology, rose to HUF 24.904...

MNB

Debt rises to all-time high, government spins figure

Hungary’s gross consolidated government sector debt, calculated at nominal value, in line with the Maastricht methodology, rose to HUF 24.904...

World

Dep. CEO: OTP Bank will not withdraw from E. Ukraine

Following the release of OTP Bank’s first quarter earnings report showing disappointing results due in large part to heavy losses...

MNB

Inflation rate concerns Varga, MNB deputy governor

National Economy Minister Mihály Varga on Thursday said the economy is in “top form” and the country’s fiscal position is...

Int'l Relations

Oslo awaits response from Hungary on suspended grants

Talks between Hungary and Norway on the suspension of funding from the EEA and Norway Grants scheme are not underway...

Automotive

Industrial output in March up 10.6% y.o.y.

Figures released by the Central Statistics Office (KSH) today indicate that in March 2014, industrial gross output in Hungary increased...

Deals

MOL: Report on management of INA “shameful”

Oil-and-gas giant MOL termed “shameful” the report of advisory Oil and Gas Consulting to the government of Croatia on MOL’s...

Initiatives

Epson study considers trends in SME printing habits

A study commissioned by Epson Hungary and undertaken by KutatóCentrum sheds some light on trends in printing among local small-...

Initiatives

Orbán supports Poland plan for EU energy union

Prime Minister Viktor Orbán was in Poland this week to meet with his counterpart Donald Tusk on various issues headlined...

Deals

Nine of 35 banks to contest National Bank fines

Nine lenders, among them Raiffeisen Bank, Erste Bank Hungary and FHB Commercial Bank, are contesting fines by the National Bank...

Pharma

Michelin to close Budapest plant due to “shrinking tire market”

Michelin Hungária today announced the planned closure of its plant in Budapest. Labeling the facility “outdated,” the plant will be...

Hungary: Loving it, leaving it

When I first came here, local folks mostly asked me “Why Hungary?” Now when I tell them I’m leaving, they...

Szijjártó declares end of classic diplomacy

Perhaps gearing up for the rumored merging of foreign trade and foreign affairs ministries in a new government composition to...

EP election: Fidesz, Jobbik tops on low voter turnout

Cruising to a landslide victory in which the governing Fidesz-KDNP coalition garnered 51.5% of the vote, opposition party MSzP and...

Ablon rechristened as CPI Hungary

Due to the takeover of its Hungarian operations by Czech Republic-based CPI Group in mid-2013, real estate firm Ablon has...

Debt rises to all-time high, government spins figure

Hungary’s gross consolidated government sector debt, calculated at nominal value, in line with the Maastricht methodology, rose to HUF 24.904...

Debt rises to all-time high, government spins figure

Hungary’s gross consolidated government sector debt, calculated at nominal value, in line with the Maastricht methodology, rose to HUF 24.904...

Dep. CEO: OTP Bank will not withdraw from E. Ukraine

Following the release of OTP Bank’s first quarter earnings report showing disappointing results due in large part to heavy losses...

Inflation rate concerns Varga, MNB deputy governor

National Economy Minister Mihály Varga on Thursday said the economy is in “top form” and the country’s fiscal position is...

Oslo awaits response from Hungary on suspended grants

Talks between Hungary and Norway on the suspension of funding from the EEA and Norway Grants scheme are not underway...

Industrial output in March up 10.6% y.o.y.

Figures released by the Central Statistics Office (KSH) today indicate that in March 2014, industrial gross output in Hungary increased...

MOL: Report on management of INA “shameful”

Oil-and-gas giant MOL termed “shameful” the report of advisory Oil and Gas Consulting to the government of Croatia on MOL’s...

Epson study considers trends in SME printing habits

A study commissioned by Epson Hungary and undertaken by KutatóCentrum sheds some light on trends in printing among local small-...

Orbán supports Poland plan for EU energy union

Prime Minister Viktor Orbán was in Poland this week to meet with his counterpart Donald Tusk on various issues headlined...

Nine of 35 banks to contest National Bank fines

Nine lenders, among them Raiffeisen Bank, Erste Bank Hungary and FHB Commercial Bank, are contesting fines by the National Bank...

Michelin to close Budapest plant due to “shrinking tire market”

Michelin Hungária today announced the planned closure of its plant in Budapest. Labeling the facility “outdated,” the plant will be...