Budapest

Food

OMV Q4 output rises from previous quarter

OMV AG, Central Europe's biggest oil company, said Q4 oil and gas output rose 6.1% from the previous quarter to...

Sights

M0 ring to be completed by 2014

The northwestern section of bypass motorway M0 between the highways 11 and 10 will not be finished before 2014, the...

Food

BP Unit expects to agree with Gazprom, revive Siberia gas field

BP Plc's Russia venture expects to reach an accord with OAO Gazprom that would revive a stalled $18 billion project...

Conferences

Climate change more extreme than thought, US study to show

The changing climate is more threatening than previously thought, a US government study will show, the report's author said....

Conferences

Cordia plans residential developments

Cordia Magyarország, a unit of Hungarian property developer Futureal, plans residential developments worth Ft 40 bln in 2007, including Ft...

In Hungary

Egis shareholders approve Ft120 dividend on 2006 profit

Egis Nyrt pays a total €3.68 million to its shareholders on last year’s profit....

History

Romania extends deadline for handover to Enel of Muntenia Sud

Romania's government extended by six months a deadline to hand over control of power distributor Electrica Muntenia Sud SA to...

City

EU proposes airport-fee controls to limit costs for airlines

European Union regulators demanded controls on airport fees in response to concerns that airlines are being overcharged....

Tourism

Malév CEO says airline could become profitable within two years after privatization – extended

Malév Zrt, the country's unprofitable airline being sold for a seventh time, will post a wider loss in 2006 from...

Tourism

SAP says 2007 software sales will rise at least 12%

SAP AG, the world's largest business-management software maker, predicted 2007 software revenue will expand at least at last year's pace....

In Hungary

UniCredit plans to buy rest of HVB, Bank Austria in squeeze-out

UniCredit SpA, Italy's biggest bank by assets, said it plans to buy the shares it doesn't already own in its...

History

East German regime’s victims are to be awarded state pension

Germans who suffered at the hands of the communist regime in former East Germany are to receive a „victim's” pension,...

In Hungary

Microsoft says some songs can’t be shared using Zune

Microsoft Corp.'s Zune music and video player, intended as a rival to Apple Inc.'s market-dominating iPod, can't share some songs,...

Food

Boeing says GE placed $5.34 bln order for 39 jets

Boeing Co., the world's second-largest commercial-airline maker, said General Electric Co. ordered 39 of its passenger planes in a transaction...

Food

Orco Property says net asset value increased to €92 a share

Orco Property Group SA, a real estate developer in central and eastern Europe, said its net asset value rose to...

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...