Budapest

Food

Dräxlmaier to invest €30 million in Romanian units

German auto parts producer Dräxlmaier, the largest employer in Romania in this field, will invest €30 million ($40 million)....

Food

Deadline for Alitalia bids extended

The deadline for presenting formal bids for a controlling stake in Italian national carrier Alitalia has been extended from July...

Sights

Moody’s leave Hungary’s ranking on A2

International credit analyst Moody's left Hungary's ranking unchanged on A2, until the effects of the reforms are more clearly visible,...

Conferences

Summit of Central European bankers starts in Bucharest

The Summit of Central European bankers started here Thursday under the aegis of the Romanian Commercial Bank (BCR)....

Food

Russia placed third globally after 2006 IPO results -Ernst&Young

Russia's companies were placed third in the world in terms of fundraising through initial public offerings in 2006, a leading...

In Hungary

Deutsche Telekom gains union deal

Deutsche Telekom has secured a deal with unions that will see 50,000 support center workers accept both lower pay and...

History

Can Washington turn crisis into opportunity?

Drastic changes in Gaza have shocked the United States. The media say the recent events indicated the failure of Israel's...

Tourism

Lukoil wants to buy Bulgaria’s Petrol

Lukoil Oil Company plans to increase twice its share on Bulgaria's market in a period of 3 years, by constructing...

Awards

Thaksin lodges bid for Manchester City

Former Thai Prime Minister Thaksin Shinawatra has lodged an £81.6 million ($162.5 million) formal takeover bid for Manchester City....

Conferences

EU to ease OPEC fears of alternative fuels

An EU-OPEC meeting was set to start Thursday in Vienna at which the European Union was expected to try to...

City

Budapest Airport to become regional center

Hochtief Airport (HTA), new owner of Budapest Airport, has ambitious plans to transform Ferihegy into the most successful airport in...

Music

Kóka on the exchange rate band

In an interview to news agency Bloomberg, Hungarian Economy Minister János Kóka said that sticking to the exchange rate band...

Conferences

UK reviews Romanian and Bulgarian worker limits

The government is to review its closed-door policy on Romanians and Bulgarians working in Britain as part of its survey...

Tourism

Leasing firm CIT orders 32 Airbus for $3.3 bln

The American leasing and finance firm CIT Group Inc has ordered 32 new Airbus aircraft from the European consortium, the...

Food

Russia aims to be third largest aircraft industry by 2025-1

Russia's strategic goal is to become the third largest producer of passenger and transport aircraft, and increase its global market...

In Hungary

Emeric Pressburger: the Englishman From Miskolc

The Hungarian-born filmmaker Emeric Pressburger is being celebrated in his birthplace as cinematic aficionados worldwide reassess his joint productions with...

In Budapest

Jewish Cultural Festival Returns for 28th Staging

The program of the 28th Jewish Cultural Festival promises to be rich and diverse, with 30 programs across six venues...

Hotel Clark Budapest Retains Michelin Key for Second Consecutive Year

Hotel Clark Budapest, the flagship hotel of Unione Hotel Management, has retained its Michelin Key, recognizing its approach to contemporary...

Karácsony Expects Deal on Budapest’s Finances Within Weeks

Budapest Mayor Gergely Karácsony expects an agreement with the government on resolving the capital’s financial problems within weeks, he told...

Budapest’s House of Terror Museum Reopens With Free Admission as Review Continues

Budapest’s House of Terror Museum has reopened while a review of its exhibition continues, Culture and Social Relations Minister Zoltán...

Emeric Pressburger: the Englishman From Miskolc

The Hungarian-born filmmaker Emeric Pressburger is being celebrated in his birthplace as cinematic aficionados worldwide reassess his joint productions with...

ÉS Bisztró Launches Sunday Brunch at Kempinski Budapest

ÉS Bisztró at Kempinski Hotel Corvinus Budapest launched a weekly Sunday brunch, combining an à la carte menu of brunch...

White Raven Sees Growing Demand for Alcohol-Free Cocktails as Summer Traffic Holds Steady

White Raven Skybar & Lounge welcomed more than 33,000 guests and served over 22,000 cocktails between late April and the...

Business Chambers Bring Rugby Leadership Experience to Budapest

Confindustria Ungheria, the British Chamber of Commerce Hungary and CCI France Hongrie will host an executive development event with Italy’s...

Twelve Hungarian Hotels Feature in 2026 Michelin Key Selection

Twelve Hungarian hotels have been included in the Michelin Guide’s 2026 Michelin Key selection, with Four Seasons Hotel Gresham Palace...

Budapest Car-Free Weekend Brings Road Closures and Tram Changes Sept. 19-20

Budapest’s Car-Free Weekend will bring family activities and sustainable transport programs to central streets and riverfront areas Sept. 19-20, alongside...

Budapest Repays HUF 67 bln Overdraft but Faces HUF 86 bln Solidarity Bill

Budapest has repaid a HUF 67 bln overdraft after receiving local business tax advances, but the capital still needs a...

Why More Families Choose the DSB Preparatory Class

A successful start to school begins with the right foundation. At the Deutsche Schule Budapest (DSB), children can join the...

Jewish Cultural Festival Returns for 28th Staging

The program of the 28th Jewish Cultural Festival promises to be rich and diverse, with 30 programs across six venues...

Budapest Geothermal Summit Highlights Hungary’s Potential and Investment Hurdles

Expanding geothermal energy in Hungary requires predictable regulation and infrastructure upgrades, speakers said at the fourth Budapest Geothermal Energy Summit....

House of Terror Museum to Close Temporarily as Tarr Dismisses Director Mária Schmidt

Budapest’s House of Terror Museum will close temporarily for a clarification of rights issues, Culture and Social Relations Minister Zoltán...

Westend Wins Green Investment Award for EUR 10 mln Sustainability Upgrade

Westend Shopping Center has won the Green Investment of the Year award at this year’s Green Awards, for a EUR...