Budapest

Tourism

Kulska board supports OTP’s takeover bid

OTP Bank Rt intends to make a takeover bid for the acquisition of an at least 67% stake in Novi...

Awards

EU confirms investigation of Hungarian power companies

The European Commission confirmed on Wednesday it has investigated Hungarian electricity companies under suspicion of violating anti-trust rules....

History

Gyurcsány pledges pro-reform government

Prime Minister Ferenc Gyurcsány, whom President László Sólyom has officially called on to form Hungary's next government, said he would...

Tourism

Real wages up 5.7% yr/yr in January-March

Real monthly wages rose 5.7% year on year in January-March 2006, based on a 8.3% increase in net wages and...

City

Budapest Airport contributes ₤7 mln to BAA profits in Q1

Budapest Airport Rt contributed ₤7 million to the EBITDA of UK airport operator BAA Plc in January-March, BAA's report for...

Tourism

GDP up preliminary 4.5% yr/yr in Q1

Hungary's economy expanded 4.5% year on year in volume terms in January-March 2006 according to unadjusted figures, the Central Statistics...

Awards

Category A stocks post record Q1

The 20 companies listed as category A stocks at the Budapest Stock Exchange (BÉT) posted a record-breaking Q1 after-tax profit...

Food

Kaiser Food invests to expand markets

Kaiser Food Kft plans to export 15% of this year's production, compared to the 1% from 2005, Managing Director Attila...

Food

Farm gate prices up 6.5% yr/yr in March

Hungarian farm gate prices rose 6.5% in March 2006 compared to a year earlier, as crop prices increased 13.1% and...

Food

Raiffeisen Bank Q1 profits increase 51% yr/yr

Raiffeisen Bank Rt had after-tax profit of Ft 6.32 billion in Q1 2006, 51% more than in the same period...

Music

Magyar Telekom Q1 net profits up 5.5%

Net profits of Magyar Telekom Nyrt, Hungary's incumbent telco, rose 5.5% year on year to Ft 18.95 billion (€72.8 million)...

History

NHH starts talks with cable TV companies

The National Communications Authority (NHH) announced on Wednesday it has started consultation with cable television companies, some of which also...

Food

ComGenex contributes $500,000 to AMRI Q1 revenue

US-based Albany Molecular Research Inc (AMRI), a chemistry-based drug discovery, development and manufacturing company, announced on Wednesday that Hungary's ComGenex,...

Sights

Járai urges immediate reforms, budget cuts

With parliamentary elections over, Hungary must start reforms immediately and take steps to reduce budget expenditures, central bank governor Zsigmond...

Sights

De Te Immobilien records profits of Ft 312 mln in first year of operation

De Te Immobilien-Hungary, which manages real estate and infrastructure, had after-tax profit of Ft 312 million on revenue of Ft...

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...