Budapest

Food

Trade deficit €250.6 mln in February

Hungary's trade deficit was €250.6 million in February, €1.4 million more than in same month a year earlier, the Central...

Tourism

Malév to break even at operating level in 2006

Hungarian airlines Malév Zrt expects to break even at the operating level in 2006, and targets pre-tax profit of Ft...

Food

Dunaferr soon to start furnace reconstruction

Steelmaker Dunaferr Zrt soon plans to start rebuilding one of its two furnaces at a cost of several billion forints,...

Sights

Israeli investor to build $48 mln resort in Siófok

Israeli property investor L.A. Shiraz will build a $48 million (Ft 10 billion) resort by Hungary's Lake Balaton, business daily...

Food

BorsodChem to expand for €500 mln

BorsodChem Rt, the biggest maker of PVC plastic in Eastern Europe, said it will spend up to €500 million expanding...

Sights

Palazzo Dorottya – BBJ Wine & Music Club

The Palazzo Dorottya – BBJ Wine & Music Club took place in the ballroom of the Corinthia Grand Hotel Royal,...

In Hungary

BorsodChem Q1 net profits fall 52% to Ft 2.47 bln

Chemicals company BorsodChem Rt's consolidated net profits fell 52.7% to Ft 2.47 billion in the first quarter of 2006 compared...

Food

March industrial producer prices up 5.4% yr/yr

Hungary's industrial producer prices rose 5.4% year on year in March, and were up 1.8% from February, the Central Statistics...

In Hungary

NABI shareholders reject winding up company

Shareholders of busmaker NABI narrowly rejected the board's proposal to wind up the companyat an annual general meeting yesterday....

City

Budapest Airport to lay off 80 people

Budapest Airport Rt plans to lay off 80 employees, mainly from the current management and administrative staff, the company's managing...

Tourism

Unemployment rate 7.7% in January-March

The average number of unemployed was 323,600 in the first quarter 2006, resulting in an unemployment rate of 7.7%, the...

Food

Mineral water market drowning in profit

With Q1 sales in line with previous forecasts, Hungary's mineral water market is expected in 2006 to hold onto its...

In Hungary

Pannonplast sets up JV with Prettl

Plastics maker Pannonplast Rt said on Wednesday it signed a contract with Prettl Management Service of Germany to set up...

Sights

Deficit could swell to 6.5% of GDP if Eurostat rejects off-budget motorway financing

Hungary's general government deficit could reach 6.5% of GDP in 2006, well over the target of 4.7%-5% of GDP, if...

Conferences

Aufwind to spend €100 mln on windmills in Hungary

Aufwind Schmack GmbH of Germany plans to spend €100 million building windmills in northwest Hungary, business daily Napi Gazdaság reported....

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...