Budapest

In Hungary

ThyssenKrupp Hungary acquisition receives green light from GVH

The Hungarian Competition Authority (GVH) approved ThyssenKrupp Ferroglobus Kereskedelmi’s acquisition of Ib Andresen Industri Magyarország Acélmegmunkáló Központ, GVH announced on...

History

EC launches procedures against Hungaryʼs supermarket law

The European Commission (EC) launched an infringement procedure against Hungary over a law related to unprofitable supermarkets as the EC...

History

Hungarian court upholds exclusion of Közgép from port tender

The Budapest Municipal Court has overruled a first-instance ruling rejecting a decision by the Public Procurement Authority (PPA) preventing Közgép...

Sights

Report: World’s largest aqua park could be built at Lake Balaton

The world’s largest aquapark, a 110-acre indoor water entertainment center, could be built next to Hungaryʼs Lake Balaton between Balatonalmádi...

Awards

Mattheisen remains CEO of Magyar Telekom

Magyar Telekom, the Hungarian subsidiary of German telco giant Deutsche Telekom, will keep Christopher Mattheisen on board as CEO of...

History

Two Hungarians apprehended on charges of spying for the U.S.

The Hungarian police apprehended two Hungarian citizens on Monday on charges of spying for the United States, the International Monetary...

Tourism

KSH: Hungaryʼs jobless rate 6.2% in Nov–Jan

The unemployment rate in Hungary dropped by 1.2 percentage points to 6.2% in the period of November 2015 to January...

Food

MTel hopes to pay HUF 25-per-share dividend for 2016

The management of Magyar Telekom, the Hungarian subsidiary of German telco giant Deutsche Telekom, hopes to pay a HUF 25-per-share...

In Hungary

Central bank withdraws health insurance fundʼs license

The National Bank of Hungary (MNB) yesterday revoked the operating license of health insurance fund PRO V1TA and initiated its...

History

Hungarian government initiates referendum on EU quota plan

The Hungarian government decided today to initiate a referendum on whether Hungarian citizens agree with the European Union’s quota plan,...

Tourism

Nearly 130,000 companies affected by required capital raise

Some 129,295 Hungarian limited liability companies (Kft.) are now required to raise their registered capital to HUF 3 million to...

Tourism

Report: Gap between minimum wage, fostered workersʼ wage could widen

As the wages of fostered workers are expected to remain unchanged over the year, and the minimum wage is foreseen...

History

No fixed wage rise recommendation for private sector

Three employer associations and two unions reached an agreement with the government that wage rises are needed in the private...

Tourism

MNB keeps base rate on hold, as expected

The National Bank of Hungaryʼs Monetary Council decided to keep the central bankʼs key rate on hold at 1.35% during...

Social

Budapest to host OTP Bank Gourmet Festival

Hungary’s OTP Bank will be sponsoring this yearʼs Gourmet Festival to be held at Budapest’s Millenáris Park from May 12-15,...

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...

Culture

Hungarian Jazz Great Gábor Szabó Honored at Magyar Zene Háza

With the opening of a pop-up exhibition at Budapest’s switched-on Magyar Zene Háza, the 90th anniversary of Gábor Szabó’s birthday...

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...

Hungarian Jazz Great Gábor Szabó Honored at Magyar Zene Háza

With the opening of a pop-up exhibition at Budapest’s switched-on Magyar Zene Háza, the 90th anniversary of Gábor Szabó’s birthday...

Wizz Air Ranks Second Among Central European Airlines at Skytrax Awards

Wizz Air has been named the second-best airline in Central Europe at the 2026 Skytrax World Airline Awards, based on...