Budapest

History

Forint weakens on interbank forex market

The forint traded at 300.17 to the euro late Thursday, weakening from 298.99 around the same time on Wednesday....

Drinks

Erste fund buys remainder of Budapest office complex

The Erste Real Estate Fund has bought the rest of Vision Towers, an office block in Budapest, from developer Futureal,...

Conferences

MNB: Government deficit in 2014 around 2.3-2.4% of GDP

The 2014 general government deficit may have been around 2.3-2.4% of GDP, 0.1-0.2 percentage points lower than forecast in December,...

In Hungary

Elmű, Émász shareholders approve dividend proposals

Shareholders of electricity distributors Elmű and Émász, both majority-owned by Germanyʼs RWE, approved proposals to receive dividends of HUF 1,200...

Food

OTP board proposes HUF 147 per share dividend

OTP Bank said today its board would propose to shareholders the payment of 145% of the face value of its...

History

Erste Bank tells police about rumormongering

In response to reports that customers crowded several of the bankʼs branches in Debrecen after rumors circulated that the bank...

Sights

Hungarian consumer electronics franchise has ambitious plans for growth

Electric World Hungary Kft. has its sights set on expansion in Austria, Slovakia and Romania, as well as in the...

History

Lázár: We have removed obstacles from Paks fuel supply deal

All obstacles have been removed from the fuel supply agreement necessary for the planned upgrade of the Paks nuclear power...

Food

Mediterran tile makerʼs revenue increases 14%

Roof tile manufacture Mediterran Magyarországʼs revenue climbed 14% to more than HUF 7 bln last year, the company announced yesterday,...

History

Bokros: Insider trading should lead to prison sentence

In countries such as the United States and Great Britain, insider trading is punished with a prison sentence, Hungarian economist,...

Food

MNB increases GDP growth forecast, cuts inflation projection

The National Bank of Hungary raised its forecast for 2015 GDP growth to 3.2%, the main figures of its fresh...

Food

Survey: Tendency to save for retirement low in Hungary

Approximately 70% of Hungarians stated their intention to put at least 5% of their income toward retirement, giving Hungarians the...

History

Semmelweis University, GE sign cooperation agreement

The Semmelweis University in Budapest and the local unit of General Electric signed a cooperation agreement today to support the...

Sights

Prologis leases a total of 76,250 sqm in Hungary in January-February

Prologis signed lease agreements totaling more than 76,250 sqm in Hungary, including 13,250 sqm of new leases and 63,000 sqm...

Tourism

Number of registered sole proprietorships on the rise

The number of registered businesses in Hungary rose by 1% to 1,845,436 last year due to an increase in the...

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...

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...

Government Agrees to HUF 120 bln Budapest Bailout and Transport Funding Overhaul

The government will provide Budapest with HUF 120 bln to settle outstanding debts under a deal that also includes shared...

Investing in a Functioning Economy

About 90 guests attended an Economy CEO Breakfast and Executive Leadership Forum at the Kempinski Hotel Corvinus Budapest on Thursday...