Budapest

Tourism

Half of young Romanians want to leave the country, sociologists say

About half of young people between the ages of 16 and 34 have already made plans to leave Romania, according...

Conferences

MNB joins UN Principles for Responsible Banking initiative

The National Bank of Hungary (MNB) on Tuesday said it joined an initiative of the United Nations establishing principles for...

In Hungary

MNB targets big increase in retail electronic transfers

The National Bank of Hungary (MNB) wants households to make half of their payments using electronic transfers by 2030, deputy-governor...

History

Beekeepers under pressure from Western reserves, Eastern prices

Falling prices and increasing competition from outside the European Union are worsening the position of Hungarian beekeepers, who trust that...

Tourism

Croatian govʼt plans to scrap foreign workers quotas

The Croatian government has said it plans to scrap the annual quotas for foreign employees in an attempt to address...

Tourism

More Hungarians open securities accounts with Treasury

The balances of retail government securities accounts at the Hungarian State Treasury rose to HUF 2 trillion last year from...

Food

Lamborghini order lifts Schäfer-Oesterle Kft. revenue

Net revenue of leather car interior maker Schäfer-Oesterle Kft, based in Bonyhád (139 km southwest of Budapest), rose 30% to...

Tourism

Tourism nights, sales revenues up in December

In December 2019, the number of nights spent by international tourists increased by 13% and that of nights spent by...

In Hungary

Labor costs weigh on construction companies in Poland more than ever

Business confidence among Polish construction companies tumbled early this year, with the heaviest burden, as perceived by the enterprises, coming...

Hotels

Hotels and offices seeing rapid expansion

There are currently 24 hotels being built in the capital, mostly in the historic downtown, while office building construction is...

Food

Industrial production down 1.2% y.o.y. in December

In December 2019 the volume of industrial production declined by 1.2% year-on-year. Based on working-day adjusted data, production dropped by...

Social

Balaton Sound announces 2nd wave of acts for 2020

Balaton Sound, the five-day music festival situated on the shores of Lake Balaton, has added a number of high-profile performers...

Drinks

New office restaurant chain launches in Budapest

Béla Szini, one of the owners of Pomodoro, started building a new premium office restaurant chain under the trademark "Kantin",...

History

Magna Seating plans a new facility in Serbia’s Aleksinac, minister says

Magna Seating is planning to open another facility in Aleksinac, southeast Serbia (207 km southeast of Belgrade), where 1,850 workers...

Food

Croatia among six EU countries where average pay is lower than 10 years ago

Croatia is among six EU countries where workers’ pay packets are lower on average than 10 years ago, local media...

History

Grandfathers and Revolutions: The Film Hungarian-Australians Tried to Ban

With the approach of the 70th anniversary of the 1956 Hungarian Revolution, Australian filmmaker Peter Hegedüs says his documentary on...

Social

Annual Bonfire Night Charity Celebration Returns Nov. 5

The team behind expat portal XpatLoop.com will host its annual Bonfire Night charity fundraiser Thursday, Nov. 5, combining an evening...

Hotels

Creating Value by Pairing Hotel Character with an International Brand

The Hotel Erzsébet has been renovated and relaunched as the Hotel Erzsébet City Center Budapest, a member of Radisson Individuals,...

Budapest

MGYOSZ Backs Preparations for Budapest 2036 Olympics Bid

The Confederation of Hungarian Employers and Industrialists (MGYOSZ) has endorsed preparations for a Budapest bid to host the 2036 Summer...

Art

What János Bródy Means to Hungarians

For János Bródy, who turned 80 this year, 2026 has been momentous. On April 10, he was one of more...

Budapest’s Castle District Proposes Short-Term Rental Ban From 2028

Budapest’s District I council has published a draft decree that would ban short-term rentals in the Buda Castle area from...

Holdvölgy Wines Win Three Gold Medals at Concours Mondial de Bruxelles

Tokaj wine estate Holdvölgy has won three gold medals at the Concours Mondial de Bruxelles competition in Thuir, France, according...

Hungary Marks 70th Anniversary of 1956 Revolution With Nationwide Commemorations

Commemorations marking the 70th anniversary of Hungary’s 1956 revolution and fight for freedom will take place nationwide and abroad Oct....

Genomate Health Wins BE100 Award, Selected for GBP 100,000 Investment

Genomate Health, which conducts Hungarian research and clinical operations through Oncompass Medicine, has won the BE100 Health & Wellness category...

Energy Efficiency and Financing Shape Construction Industry’s Future

Energy efficiency, access to financing and closer cooperation will be critical to the construction industry’s prospects, speakers told HAD Group’s...

Grandfathers and Revolutions: The Film Hungarian-Australians Tried to Ban

With the approach of the 70th anniversary of the 1956 Hungarian Revolution, Australian filmmaker Peter Hegedüs says his documentary on...

Annual Bonfire Night Charity Celebration Returns Nov. 5

The team behind expat portal XpatLoop.com will host its annual Bonfire Night charity fundraiser Thursday, Nov. 5, combining an evening...

Budapest Mayor Announces ‘Wave of Development Projects’

A “wave of development projects” will begin in Budapest soon, Mayor Gergely Karácsony said this week. Investments will proceed with...

Creating Value by Pairing Hotel Character with an International Brand

The Hotel Erzsébet has been renovated and relaunched as the Hotel Erzsébet City Center Budapest, a member of Radisson Individuals,...

Budapest Reaches 100 Short CAF Trams as Fleet Expansion Continues

Budapest’s 100th short CAF tram has entered service, marking a milestone in the capital’s fleet renewal program, the Budapest Transport...

Margrethe Vestager to Deliver Keynote at ABSL Forum in Budapest

Margrethe Vestager, former European Commission Executive Vice President and EU Competition Commissioner, will deliver a keynote at the ABSL Forum...

MGYOSZ Backs Preparations for Budapest 2036 Olympics Bid

The Confederation of Hungarian Employers and Industrialists (MGYOSZ) has endorsed preparations for a Budapest bid to host the 2036 Summer...

Pizza Hut to Expand Hungarian Network to 31 Restaurants

Pizza Hut plans to open restaurants in Nagykanizsa and Budapest in 2027, expanding its Hungarian network to 31 locations, local...

Budapest Hotels Outperform Regional Rivals Despite Lower Guest Numbers

Budapest’s hotels delivered some of the strongest results in CEE, posting an 81.3% occupancy rate, and leading the region with...

What János Bródy Means to Hungarians

For János Bródy, who turned 80 this year, 2026 has been momentous. On April 10, he was one of more...