David Landry

Tourism

Sólyom Hungarian Airways: Ready for Sunday or…?

BBJ hasn’t given space to would-be new national airline Sólyom Hungarian Airways lately, so based on minimal buzz this morning...

History

War of words escalates: Csányi to sue Lázár

Recent “signs of tension” between OTP Bank CEO Sándor Csányi and members of the Orbán administration have spilled over into...

Analysis

Hungary GDP for Q2 2013: Increase of 0.5%

More positive results in Hungary’s economic indicators for quarter two of 2013 were reported this morning by the Central Statistics...

Awards

Two Hungarian football fan groups reported to UEFA

International watchdog organization FARE has reported a pair of Hungarian football fan groups to club governing body UEFA for racist...

Food

Cautious optimism before GDP stats announced

With a string of positive economic reports recently released – strong quarterly results from publicly-traded giants Magyar Telekom and MOL...

History

Romanian President: We will “rein in Budapest”

In the wake of Jobbik Party President Gábor Vona’s typically bombastic comments at a youth camp in Harghita on the...

EU

KSH: Inflation rate 1.8% for July

The much-anticipated report from the Central Statistics Office (KSH) on consumer prices in Hungary over the past month is now...

Music

MOL reports strong results, profit for second quarter

Released early this morning, the newest MOL consolidated IFRS report shows huge improvement year-on-year in quarter two for the oil-and-gas...

Music

Suspended EU funds: Hungary could lose €2 billion

With the European Union suspending funds for 13 of the 15 National Development Agency (NFÜ) programs slated for EU support,...

Szegedi’s “crisis of conscience” on CBN [Video]

Csanád Szegedi, former “rising star” in the Jobbik party ranks and current independent European Union MP, was the subject of...

László Székely ombudsman nomination: reaction

With current state Ombudsman Máté Szabó’s term of service up in September, the sitting government has put forth his replacement,...

Issues

Accused Nazi war criminal László Csizsik-Csatáry, 98, dies

Local media is this morning reporting that the accused Nazi-era war criminal László Csizsik-Csatáry has died due to pneumonia-related causes....

Initiatives

BBJ’s stories of the week, August 3-9

It’s Friday, another ending of a news cycle – and so, before BBJ logs out seeks out some shade and/or...

Conferences

Hydrocarbon, geothermal mining tenders announced

In keeping with its previously stated goals to diversify energy resources and securing local supply, the National Development Ministry today...

Conferences

Hungary evermore Eastward-looking

Another week, another seven days of Hungary’s government advancing its goal of increased closeness to Eastern countries for its economic...

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...