Budapest

Tourism

Only one-third of guest worker quota filled in 2017

Around 19,800 foreign nationals from countries outside of the European Union were awarded permits to work in Hungary by late...

Awards

Optimistic outlook for 2018 world economy

The global economy may this year see its fastest growth since 2011, driven mostly by African countries. It will also...

Social

Budapest Heritage sites trump regional peers in popularity

Designated UNESCO World Heritage Sites in the Hungarian capital are more popular among the curious than sites in Prague or...

Hotels

Ritz-Carlton Budapest welcomes new GM

The Ritz-Carlton Budapest hotel has welcomed Rahim Abu Omar as its new general manager, responsible for overall hotel performance and...

Tourism

Hungaryʼs unemployment rate falls to 3.8%

The rolling three-month unemployment rate decreased by 0.7 of a percentage point to 3.8% in the period September–November 2017, a...

Awards

CTP Hungary names new country manager, business developer

Real estate developer and manager CTP has significantly strengthened its team on the Hungarian market. Rudolf Nemes will become country...

In Hungary

Employee tax-free rent subsidies raised

Employees can receive up to HUF 82,800 of monthly tax-free rent subsidies from their employers this year, significantly more than...

Museums

Agora Budapest hosts skating rink

It might be an unusual move for a real estate developer, but it is certainly good news for skating enthusiasts:...

History

Seven Hungarian cities vie for European Capital of Culture

Seven Hungarian cities - Győr, Szombathely, Veszprém, Debrecen, Székesfehérvár, Gödöllő and Eger - have submitted bids to be awarded the...

Conferences

Penny Market focuses on employee satisfaction

This year German-based supermarket chain Penny Market raised employee salaries by the amount of contributions lowered by the state. In...

Tourism

Both births and deaths down in October

In October 2017, the number of live births was 6.6% fewer than in the same month of 2016, while the...

Sights

BlackRock stake in Richter up over 5% threshold

U.S.-based BlackRockʼs holding in Hungarian drugmaker Gedeon Richter has risen to 5.16%, Richter said yesterday. Richter was informed by BlackRock...

Sights

Graphisoft Park spinning off several activities

Graphisoft Park, a listed company that owns and operates a business park in the north of Budapest, on Monday said...

Sights

Theatres see ticket revenues rise 13.2% in 2016

Theaters in Hungary had HUF 24.95 billion in combined ticket revenues last year, up from HUF 22.04 bln in 2015,...

Social

AmCham seminar looks at cutting GDPR prep and costs

AmCham Hungary’s first morning seminar of the New Year will look at the fundamentals of the new General Data Protection...

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...

In Hungary

3-day Kerekdomb Festival Returns to Tállya

The historic village of Tállya is in the Tokaj-Hegyalja wine region, part of the UNESCO World Heritage, nestled among the...

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...

Budapest’s Déli Station to Close for Weekend Repairs Ahead of Major Upgrade

Budapest’s Déli railway station will close entirely on Oct. 10-11 for maintenance aimed at eliminating several speed restrictions, Transport and...

Kissmiklos Marks Shift to Fine Art With ‘Lobbyism’ Exhibition at Hotel Clark

Hungarian artist kissmiklos is shifting his creative focus entirely to fine art, marking the transition with “Lobbyism,” an exhibition that...

Tourism Agency Consults 70 Industry Groups on Strategy Through 2036

The Hungarian Tourism Agency (MTÜ) is drawing on recommendations from 70 professional organizations to develop a sector strategy through 2036,...

Renewing the Spirit of Countryside Wellness Hospitality

More than a year after taking over Sárvár’s Spirit Hotel Thermal Spa, Zoltán Árvai is balancing the traditions of an...

State and City to Renew Budapest’s Danube Waterfront

The gov't and Budapest will form a new 50–50 joint company to develop the Budapest section of the Danube, resolving...

WWII Munitions Removed From Two Budapest Riverside Locations

Military bomb disposal experts removed World War II munitions discovered near Szabadság Bridge and on Margaret Island on Saturday, prompting...

3-day Kerekdomb Festival Returns to Tállya

The historic village of Tállya is in the Tokaj-Hegyalja wine region, part of the UNESCO World Heritage, nestled among the...