Budapest

Food

Intesa Sanpaolo Hungarian unit CIB FY net up 37%

CIB net assets grew 27% to Ft 1,874 billion (€76 billion) over the period, largely thanks to project finance, up...

Awards

Russia extends PwC license for 5 years

Russian authorities have allowed auditor PricewaterhouseCoopers to operate in the country for another five years, Russia’s Finance Ministry said on...

In Hungary

Arcelor Mittal to establish a new combined European Works Council

Arcelor Mittal employee representatives and management have agreed on the principle of a new combined European Works Council (EWC). This...

Food

Romanian Petrom to invest €150 mln in Kazakhstan

Petrom continues to develop new exploration and production perimeters through a new acquisition in Russia, as well as through investments...

Conferences

IMF projects overall global growth, but…

Individual countries need do more to help workers who have not gained from increases in global trade and competition, without...

Conferences

Climate change: EP temporary committee to be set up

The European Parliament intends to play "a key-role in raising awareness" on climate change and in putting this issue "high...

In Hungary

Petrom employees could make over €500 mln from their 8% stake

Around 60,000 people, who have been Petrom employees since August 2003 until now, could share an over €500 million profit...

Tourism

Bwin online betting operator reports €540 mln losses

Legislative changes in the United States caused dramatic losses for Vienna-based online betting operator bwin, the company said on Thursday....

Tourism

Gov’t modifies inflation prognosis

The government increased its inflation prognosis for 2007 from 6.2% to 7% as Q1 inflation exceeded forecasts, announced Finance Minister...

Food

Credit continues to grow in Albania

For two years in a row, the number of loans has increased by over 50% in Albania, and the country...

History

Hungary shocked and disappointed at losing out on Euro 2012

Hungarian Prime Minister Ferenc Gyurcsány on Wednesday said he was disappointed to lose out on hosting the 2012 European football...

Tourism

Buyer of Yukos assets is Deutsche Bank-owned company, agency says

The little-known company that on Tuesday bought over $130 million in assets from bankrupt Russian oil firm Yukos is connected...

History

Ethanol may raise ozone levels more than gasoline

Switching from gasoline to ethanol — touted as a green alternative at the pump — may create dirtier air, causing...

Tourism

Romania tops the list of Austrian investment destinations

In 2007, Romania will attract 20% of the new FDI made by Austrian companies in its region according to a...

In Hungary

Parliament scraps golden shares

The parliament voted on Monday to revoke the 'golden share' law which gave the state certain veto powers in formerly...

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...