Budapest

Food

Orlen to focus on buying oil fields, not refiners

PKN Orlen SA, Poland's largest oil company, will focus on buying its own oil fields, aiming to seal one deal...

History

Czech police examine new facts in Gripen fighter bribery case

Czech police say new facts have come to light in a five-year-old bribery investigation linked to the planned purchase of...

Conferences

Merrill buys stake in carbon-emission-credits company

Merrill Lynch & Co., the world's second-largest securities firm, agreed to take a minority stake in the Russian Carbon Fund,...

Food

Biofuel commodities may outperform, Mother Earth’s Jansen says

Commodities used to make biofuels may be the top performers this year due to increasing demand from the alternative energy...

Food

Rosneft plans $3 bln of loans, bonds to back acquisitions

OAO Rosneft, Russia's state-run oil producer, plans to raise as much as $3 billion in loans and bonds in the...

Food

Russian M&A rose 57% to $63.6 bln in 2006

Russia's mergers and acquisitions climbed 57% in volume last year, spurred by the positive macroeconomic climate, said KPMG Ltd....

History

Germany misses non-smoking target, law necessary

Restaurants in Germany, Europe's biggest tobacco market, aren't setting aside enough non-smoking areas, making legislation necessary, a government study found....

History

Hungarian central banker-nominee pledges focus on inflation – extended

András Simor, the Hungarian government's nominee to head the central bank, said policy makers will continue to contain inflation support...

Conferences

Gore’s „An Inconvenient Truth,” wins best documentary Oscar

„An Inconvenient Truth,” the film about former Vice President Al Gore's slide show on climate change, won the Academy Award...

Food

Central banks diversify from dollar – extended

Central banks are increasingly diversifying their reserves, including cutting holdings of dollars, according to a survey sponsored by Royal Bank...

History

Krasair Pays $1 mln for Hungarian Malév, will spend more

AirBridge Zrt, an investment vehicle for Russian billionaire and OAO Krasair owner Boris Abramovich, will pay Ft 200 million ($1...

Conferences

Chrysler salaried buyouts to include 3 months’ pay

DaimlerChrysler AG's Chrysler will offer some older employees three months' pay if they leave the company by May 31, in...

History

WHO asks Hungarian bird flu vaccine maker to help set standard

The WHO asked Hungary's Omninvest Kft, the company that said it developed the first human vaccine against the H5N1 bird...

Food

APV targets Ft 60 bln revenue from forestry companies in 2007

The State Privatization and Holding Company (APV) expects the 19 forestry companies under its ownership to generate pre-tax profit of...

Food

Ukraine’s industrial output may surge 10.7% in Q1

Ukraine's industrial production probably soared 10.7% in the first three months of the year, led by growth in the machine-building...

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...