Budapest

Food

Trade deficit €217 mln in February

Hungary's trade deficit was €217 million in February, €32 million less than in same month a year earlier, according to...

Food

Domestic companies initiate 52% of M&A deals in 2005

Hungarian companies purchasing other companies accounted for 52% of all merger and acquisition (M&A) activity in Hungary in 2005, up...

Drinks

Revenue of companies controlled by Csányi exceeds Ft 100 bln in 2004

Consolidated revenue of companies controlled by Sándor Csányi, the head of OTP Bank Rt and Hungary's richest man, came to...

Drinks

GVH fines Abbott Laboratories for misleading consumers

The Competition Office (GVH) announced on Thursday it fined drugmaker Abbott Laboratories Hungary Kft Ft 8 million for misleading consumers....

In Hungary

Skoglund announces new ownership structure

Skoglund Holding Rt, a business consultancy and investment company listed in the bourse's category B, announced its new ownership structure...

Food

OTP misses Panonska train, MKB steps aboard

OTP Bank Rt was not shortlisted by the Serbian Rehabilitation Agency in a tender for Panonska Banka a.d., unlike MKB...

Sights

IEB CEO Mastrapasqua to leave post next month

Inter-Európa Bank Rt, the Hungarian unit of Sanpaolo SpA, Italy's third-biggest lender, said Chief Executive Officer Luigi Mastrapasqua will step...

City

BAA to cut jobs, lower fees in Budapest

BAA Plc, the world's largest airport operator, plans to cut jobs and sell businesses at Budapest's international hub to reduce...

City

MÁV to vamp up Budapest railway stations

Hungarian railways MÁV Zrt has unveiled plans to make its Déli Pályaudvar into a large commercial, office and service center,...

Sights

PM issues action plan for flood protection

Prime Minister Ferenc Gyurcsány announced on Tuesday a comprehensive action plan to guarantee swift and bureaucracy-free implementation of flood protection...

Food

Groupama owner raises capital Ft 516 mln

France's Groupama has raised capital at its Hungarian insurance unit Groupama Insurance Zrt by Ft 516 million (€2 million), the...

Tourism

Gov’t promises further Ft 1 bln for flood defense

The government has decided to provide a further Ft 1 billion for emergency flood defense, Prime Minister Ferenc Gyurcsány said...

In Hungary

TVK board proposes no dividend

The board of chemicals company TVK Rt said on Monday it will propose shareholders at the April 20 AGM to...

Tourism

OTP buys majority stake in Serbia’s Zepter banka

OTP Bank Rt will acquire a 75.1% stake in privately owned Belgrade-based Zepter banka a.d. for $41.305 million (roughly 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...