Budapest

Food

Arcelik opens first Beko office in Hungary

Arcelik, Turkey's biggest home appliances maker, has opened its first Beko brand representative office in Hungary, regional director Orhan Sayman...

Food

Farm gate prices up 8.7% yr/yr in April

Farm gate prices in Hungary rose 8.7% in April from the same month a year earlier, with crop prices increasing...

Tourism

Foreign guest nights down 4.7% yr/yr in April

Foreign travelers spent 772,000 guest nights at commercial accommodations in Hungary in April, 4.7% less than in the same period...

History

Gov’t to introduce third income tax rate, raise VAT

The government plans to raise the middle VAT rate from 15% to 20% and introduce a third personal income tax...

Awards

Vodafone launches full-scale 3G services in Budapest

Vodafone Magyarország Zrt is to launch full-scale third-generation (3G) multimedia services in Budapest as of June 8, telecommunications manager Pál...

Tourism

Sziget Festival guests expected to spend Ft 6.5 bln this year

Guests at this year's Sziget Festival, a week-long musical extravaganza on an island in the Danube, are expected to spend...

History

Hungary to save Ft 70 bln in drug subsidies

The government is planning to save Ft 70 billion by cutting spending on drug subsidies, business daily Világgazdaság reported, citing...

Tourism

BAA sale not to affect Budapest Airport

Once it has acquired British airport operator BAA Plc, Spanish investor Grupo Ferrovial SA will consider divesting the latter's subsidiaries...

History

Travel insurance market grows 16% in 2005

Hungary's travel insurance market expanded 16% in 2005, generating revenue from premiums of Ft 8.6 billion, according to figures from...

Tourism

Book market expands 7.8% in 2005

Hungary's book market expanded 7.8% in 2005 and was worth Ft 62.74 billion, the Association of Hungarian Publishers and Booksellers...

Hotels

Park Inn to open Ft 4.5 bln hotel in Sárvár

Park Inn, a brand of Belgian's Rezidor SAS, will open a Ft 4.5 billion, four-star hotel in Sárvár, northwest Hungary)...

Sights

Magyar Építő, Strabag win Ft 1.67 bln zoo reconstruction tender

A consortium of construction companies Magyar Építő Rt and Strabag Rt have won a Ft 1.667 billion tender to complete...

Tourism

Hotel occupancy rate 65.1% in May

Hungary's hotels had an average occupancy rate of 65.1% in May, down from 67% in the same month of 2005,...

Tourism

IMF warns of “serious consequences” on public finances

The International Monetary Fund (IMF) warned in a statement published on Tuesday that Hungary's economy could suffer "serious consequences" if...

Tourism

Number of new mobile phone subscriptions falls in Q1

The number of new mobile phone subscriptions fell in the first quarter of 2006 as Hungary's wireless market neared saturation;...

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...