Budapest

Conferences

Foxconn to fire 10% of its Hungarian workers

Foxconn International Holdings Ltd. will fire 300 people at its Hungarian unit, or a 10% of its local workforce, the...

In Hungary

Inter-Európa Bank proposes Ft 976 mln dividend

The board of Inter-Európa Bank Rt (IEB) will propose payment of a Ft 976 million dividend on 2005's unconsolidated after-tax...

In Hungary

Állami Nyomda to pay out 80% of profit as dividend

The board of printing company Állami Nyomda will propose paying out 80% of 2005's after-tax profits of Ft 948 mln...

Social

Spring fringe festival to be Budapest’s first

Budapest will hold its first fringe festival on the sidelines of the Budapest Spring Festival beginning on March 17th....

History

European Union may act against countries on gambling

The European Commission may take six of its member nations to court for curbing gambling even as they maintained national...

Food

Quality more important than origin – GfK

Hungarian consumers consider the quality and price of food products important, but not its Hungarian origin, a survey by market...

History

Fidesz to focus on two areas once in government

The centre-right Fidesz party will restructure government to form two main branches if it comes to power after the April...

In Hungary

UPS increases dividend

The Board of Directors of package delivery company UPS, that has a regional centre in Budapest as well, yesterday increased...

In Hungary

Aegon sells almost all FHB shares

Insurer Aegon Magyarország Zrt has reduced its stake in the Land Credit and Mortgage Bank Rt (FHB) from 3.14% to...

Food

Pannonplast to buy or build plants in Serbia, Bulgaria

Pannonplast Rt, a plastics maker working to post its first annual profit in five years, plans to build or buy...

Awards

Zwack wins 10 medals at World Spirits Festival

Zwack Unicum, Hungary's most famous spirit maker, has been awarded five gold and five silver medals at the World Spirits...

In Hungary

OTP fails to make it to final Vojvodjanska round

Hungary's OTP Bank Rt is not among the three investors Serbia invited on Friday to submit binding bids for Vojvodjanska...

Food

Farm gate prices up 3.6% yr/yr in January

Farm gate prices rose 3.6% in January 2006 compared to a year earlier, as crop prices rose 10.3% and live...

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...