Budapest

Conferences

BBJ to organize conference on private banking

The next event in the BBJ Events series, our conference on private banking will take place on November 23, 2006...

In Hungary

Pensions to increase 7.6% yr/yr in 2006

The increase in Hungarian pensions will amount to an annual 7.6% this year, government spokesperson Emese Danks announced on Wednesday....

City

KVI shortlists three sites for new gov’t quarter

The Treasury Asset Directorate (KVI) has selected three sites from among bids for the planned new government quarter, director general...

Art

Mol signs concession agreements with Pakistan

Hungarian oil and gas company Mol Nyrt announced today that it signed petroleum concession agreements on Wednesday with the Islamic...

Food

Winner of Parád Kristály bid fails to produce purchase price

The winner of a bid for Parád Kristály Kft, a 300-year-old maker of fine crystal, did not pay the full...

Hotels

Hotel occupancy rate falls to 61.3% in January-October

Occupancy at Hungary's selected three-to-five star hotels averaged 61.3% in January-October, 1.2 percentage point less than in the same period...

In Hungary

Regulator clears Permira’s bid for Borsodchem

Permira's buyout bid for chemicals producer Borsodchem was approved by Hungary's State Financial Supervisory Authority (PSzÁF) after a six-week wait....

Tourism

Civil Code to allow private foundations

The draft for the new Civil Code creates a new category of NGOs by legalizing private foundations, a type of...

History

Hungarian-Romanian joint gov’t meeting to be held on November 16

A meeting of the Hungarian and Romanian governments will take place on November 16 in Budapest, government spokeswoman Boglár László...

Sights

Dai Dong lays off two-thirds of workers at Hatvan plant

Korean-owned molded plastics company Dai Dong Hungária Kft has laid off two-thirds of the 114 workers at its plant in...

History

Noront Resources purchases mining license in Hungary

Canadian precious metals mining company Noront Resources has acquired 75% of an exploration license for an area in Hungary for...

Tourism

Sharp increase in European property transactions recorded in H1 of 2006

€89.7 billion was transacted in the European property market in the H1 of 2006 in Europe according to the latest...

Food

Barr starts shipping OTC Plan B pills

Barr started shipping its „morning after” birth-control pill to US pharmacies to begin over-the-counter (OTC) sales for the first time....

In Hungary

Gedeon Richter profit rises 10% on sales to former Soviet Union

Gedeon Richter Nyrt, a Hungarian generic-drug maker, said Q3 profit rose 10.1% on sales to Russia and other countries of...

Sights

MTV may get exempt of Ft 4 bln debt

According to the latest plans, the government is planning on letting go of the Ft 4 billion debt of the...

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...