Budapest

Awards

CLS adds Hungarian forint to settlement system

CLS Group (CLS), a leading provider of risk mitigation and operational services for the global foreign exchange (FX) market, has...

Awards

After 44 years, Hungary to play in European Championship

Hungary’s national soccer team qualified to play in the 2016 European Championships, reaching that competition for the first time in...

Social

Memorials held in Budapest for victims of Paris attacks

Hundreds gathered outside the French Institute in Buda yesterday for a memorial to the victims of the terrorism in Paris...

History

Editorial: It’s time for us all to admit health care is sick

The following is the editorial from the November 13 biweekly edition of the Budapest Business Journal....

Awards

Alteo Group hires Invitel to outsource IT

Hungarian telco Invitel has signed an agreement with Alteo Group for Invitel to provide IT-outsourcing services for Alteo Group for...

Food

OTP Deputy CEO: Liquidity, capital position outstanding

The OTP Bank groupʼs net loan-to-deposit ratio has dropped under 70% and liquidity reserves neared €7.4 bln, Deputy CEO László...

Awards

CPI Property Group welcomes new leader

Attila Madler has been appointed Director of Asset Management for the Hungarian branch of CPI Property Group, an announcement issued...

Tourism

KSH: Hungary’s GDP up 2.3% in Q3

Hungary’s GDP saw a 2.3% rise in the third quarter of the year as compared to the same period a...

In Hungary

OTP buys more than 200,000 treasury shares

OTP Bank purchased 200,183 treasury shares on the Budapest Stock Exchange (BSE) yesterday, the day before releasing its earnings report,...

Awards

Lázár: EC says foreigners can buy state farmland

The European Commission has insisted on allowing non-Hungarian citizens who are local farmers to take part in the auctions of...

City

Fónagy: ‘Migrant crisis’ creates HUF 2 bln extra costs for transport companies

Transport companies owned by the Hungarian state are expected to see more than HUF 2 bln in extra costs by...

Food

Forint firms on interbank market

The forint was trading at 311.56 to the euro late Wednesday on the interbank forex market, up from final quotes...

City

Lufthansa strike grounds most Budapest flights

All of German airline Lufthansa’s flights between Budapest and Frankfurt, and several flights between Budapest and Munich, with the exception...

Tourism

KSH: Guest nights in Hungary up 6.7% in September

The number of nights spent by international and domestic tourists in Hungary in September saw a year-on-year increase of 7.3%...

Sights

Government declares Pápai Hús of ‘elevated strategic importance’

The Hungarian government has declared troubled Pápai Hús as a company of “elevated strategic importance”, according to a decree published...

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...