Budapest

History

China to attract $63.81 bln in FDI in 2007

China expects to attract about $63.81 bln in actual foreign direct investment (FDI) in 2007, the local Beijing News reported...

City

BA manager lowers capital by Ft 484 bln

Budapest Airport Zrt (BA), voted in a recent extraordinary general meeting to lower its capital by Ft 484.6 billion to...

Awards

More than half of EU funding for 2004-2006 period already paid out

About Ft 360 bln (€1.43 bln) of Ft 700 bln in funding available under the National Development Plan I, Hungary's...

Conferences

EBRD less likely to give loans to Gazprom-led Sakhalin project

The European Bank for Reconstruction & Development said it's less likely to provide loans to Russia's Sakhalin-2 oil and gas...

History

Állami Nyomda wins order from Hungary to print excise stamps

Állami Nyomda Nyrt, a Hungarian printer that makes the country's election ballots, won an order worth Ft 1.7 billion (€6.8...

History

Decision to start reforms among highlights of 2006

Measures by decision makers to put Hungary on the path of reform were among the highlights of 2006, Finance Minister...

Tourism

Slovenians celebrate euro’s debut with fireworks, trips to bank

Slovenians were able to pay for their morning bread rolls and coffee with euros yesterday after the former Communist country...

Food

Cloned cows and pigs may be sold next year

Meat and milk from cloned pigs, cows and goats may reach US groceries as soon as next year after regulators...

Food

Russian December consumer prices rise the fastest in 5 months

Russian December consumer prices rose 0.8%, the fastest pace in five months, driven by higher fruit and vegetable prices. Annual...

Tourism

OTP buys 83% of Serbia’s Kulska Banka, will merge local units

OTP Bank Nyrt, a Hungarian lender expanding in eastern Europe since 2002, said it bought 83% of Kulska banka a.d....

History

Bird flu cases decline, raising new risk: complacency

Bird flu infected fewer humans in the second half of the year, prompting experts to point to a new enemy...

History

2006 bad year for Hungary in terms of inflation – Járai said

2006 was a bad year for Hungary in terms of inflation, central bank governor Zsigmond Járai said in an end-of-year...

Sights

Minister on reforms in Hungarian public transportation

Minister of Economy and Transportation, János Kóka said, he remains in his position until reforms can go ahead....

In Hungary

Nemetschek to buy majority Graphisoft stake by end of january

Nemetschek AG, a German maker of software used in the construction and real-estate industries, expects to buy a 54.3%-stake in...

History

Socialist advisers call for more effective secret services

An advisory group of the senior governing Socialist Party (MSZP) criticised the coalition government for what it called an ill-prepared...

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...