Budapest

Sights

Synergon postpones AGM lacking quorum

An annual general meeting of IT company Synergon Rt was cancelled on Monday because it lacked quorum, the company said...

Tourism

Population decline slows in Q1

Hungary's population decline slowed in the first three months of 2006, as the number of deaths fell more significantly than...

Tourism

Invitel to invest Ft 1 bln in broadband network upgrade

Invitel Rt, Hungary's second biggest landline telco, plans to spend at least Ft 1 billion to develop its broadband internet...

History

Socialists, Free Democrats sign coalition agreement

Prime Minister Ferenc Gyurcsány's Socialist Party and the Alliance of Free Democrats today signed a coalition agreement to govern together...

Food

Foxconn to close Pécs plant

Taiwanese-owned cell phone parts manufacturer Foxconn Hungary Kft has announced it will close its factory in Pécs, south Hungary, within...

Drinks

Hilltop Neszmély targets big revenue increase in 2006

Hungarian winemaker Hilltop Neszmély Rt targets revenue of Ft 3 billion in 2006, compared to Ft 2.5 billion in 2005,...

Tourism

Unemployment rate 7.5% in February-April

The average number of unemployed was 318,500 in February-April 2006 resulting in an unemployment rate of 7.5%, the Central Statistics...

In Hungary

Zwack board proposes record dividend

The board of alcoholic beverage maker Zwack Unicum Rt will propose to an annual shareholders meeting to convene on June...

City

Budapest Airport announces taxi tender

Ferihegy airport operator Budapest Airport Rt announced on Thursday a two-round open tender to operate taxi services at the airport....

Tourism

Transelektro to file for bankruptcy protection by May 31

Troubled holding company Transelektro will be forced to ask for bankruptcy protection as it fails to reach a preliminary agreement...

In Hungary

Novotrade shareholders to vote again on capital raise

Exchange-listed holding company Novotrade Nyrt announced on Wednesday it will convene a general meeting on June 27 where shareholders will...

Food

Bang&Olufsen sales expected to reach Ft 1 bln in Hungary by 2010

Sales of Bang&Olufsen sound and multimedia systems in Hungary are expected to rise from Ft 150 million in 2005 to...

Drinks

Beer sales volume drops 7% yr/yr in April

Retail beer sales fell 7% in Hungary in volume terms in the twelve months to the end of April 2006...

Food

Hungarian-Croatian Chamber holds first meeting

The Hungarian-Croatian Chamber of Commerce and Industry held its first meeting on Wednesday, with 18 members....

History

Gov’t to submit legislation package on June 12

The new government will present a package of legislation affecting the budget and Hungary's state administration system after the first...

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...