Budapest

Tourism

Freesoft expects 2006 revenue to surge by 55%

Software developer Freesoft Rt expects to boost its revenue by 55% this year, driven by growth at its U.S. unit,...

Tourism

MÁV Cargo nets Dunaferr contract

MÁV Cargo Zrt, the recently spun-off freight division of state-run railway company MÁV Zrt, has signed a three-plus-two-year haulage contract...

Tourism

BNP Paribas Hungária to operate as branch from H2 2006

BNP Paribas will continue its operations in Hungary as a branch from the second half of the year, BNP Paribas...

Music

K&H Bank profits fall 20% to Ft 17.7 bln in 2005

K&H Bank Rt had audited unconsolidated after-tax profit of Ft 17.722 billion in 2005 according to Hungarian Accounting Standards (HAS),...

Drinks

Borsodi sales stagnate in 2005

Brewery Borsodi Sörgyár Zrt had revenue of Ft 38.8 billion in 2005, about the same as in the previous year,...

In Hungary

PSzÁF approves Globus buyout offer

The State Financial Supervisory Authority (PSzÁF) announced on Tuesday it had approved a buyout offer for shares of canning company...

Food

Diadal set to manufacture menswear

Diadal Rt, one of Hungary's leading clothes makers, said it will team up with an Austrian and a Slovak partner...

Tourism

Pannonplast AGM votes to pay no dividend

Shareholders of plastics manufacturer Pannonplast Rt decided at an annual general meeting on Saturday not to pay a dividend on...

Tourism

Hotel occupancy rate 53.8% in March

The average occupancy rate at Hungary's hotels was 53.8% in March, slightly down from 55.2% in the same month a...

Drinks

New car plaza to be built in Budaörs

An 8,000 square meter car plaza called Autobahn Car Trade Center will be built in Budaörs, near Budapest, owner Károly...

Awards

21CFS named subcontractor in Serbian central bank project

Hungary's 21st Century Financial Systems (21CFS) has been picked by HP to set up a system for Serbia's central bank...

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...