Budapest

In Hungary

Gold drops from six-month high on speculation rally is overdone

Gold prices in New York fell the most in almost a month on speculation a rally to the highest since...

History

MPs declare modest assets

The declarations of assets MPs had to submit by Wednesday midnight does not tell of drastic changes in politicians’ wealth....

In Hungary

Nemetschek received approval for Graphisoft purchase

Nemetschek received regulatory approval to proceed with its Public Purchase Offer for Graphisoft shares....

Food

Shell reports record $25 bln profit

Oil giant Royal Dutch Shell has reported record annual profits of $25.36 bln for 2006....

History

Malév buyer to take over debt, Hungarian FinMin says – extended

AirBridge Zrt, an investment vehicle for OAO KrasAir co-owner Boris Abramovich, is expected to take over the full debt of...

Food

Hungary revises November trade gap lower to €115.6 mln

Hungary's November trade deficit narrowed from the previous month as exports rose faster than imports, the statistics office said today...

History

Italy hires Bain & Co. as „industrial” adviser on Alitalia sale

Italy has hired Bain & Co. as an „industrial” adviser on the sale of its stake in Alitalia SpA, the...

Food

Sanofi’s Acomplia, first in class, may soon be one of a crowd – extended

Sanofi-Aventis SA's Acomplia may be losing a head start in the race to market a new type of weight-loss drug...

Food

Suzuki’s 9-month net surges 20% to record on overseas sales

Suzuki Motor Corp., Japan's fourth- largest automaker, increased its nine-month profit 20% as demand rose for its compact cars in...

Food

Egis, Richter saw Q3 sales to Russian state decline

Egis Nyrt and Gedeon Richter Nyrt, Hungary's biggest drugmakers, saw sales to Russia's state medicines program drop in the Q3,...

Sights

Shell should use oil profits to clean environment, critics say – extended

Royal Dutch Shell Plc, Europe's largest oil company, should use its profit to pay for cleaning up environmental damage in...

Conferences

Blackout hits Russia resort Sochi, leaves 400,000 without power

Strong winds and heavy snow battered the Russian Black Sea resort Sochi, cutting power to 400,000 people and interrupting train...

History

Russia to cap foreign control of strategic companies – extended

Russia's Cabinet approved bills to restrict foreign ownership of companies in strategic industries, including energy, metals and defense....

Conferences

New therapies – safety first

The Environment Committee on Tuesday backed a draft EU regulation designed to encourage the development of gene therapy, cell therapy...

Food

Banco Comercial to start 40-branch Romanian bank in September

Banco Comercial Portugues SA plans to start a 40-branch bank in Romania in September, 10 months after it finished second...

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...

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...

Budapest to Raise Fare Evasion Penalties From Nov. 2

Budapest's public transport penalty fares will be raised by approximately 20–25% in several categories from November 2, daily newspaper Népszava...