Budapest

Tourism

Richter, OTP add to treasury shares in December

Treasury shares held by drugmaker Gedeon Richter rose to 1,365,687 at the end of December from 506,493 a month earlier,...

Awards

INA wins exploration license in Adriatic

Croatian oil and gas company INA, a unit of Hungary's MOL, won an exploration license for two blocks in the...

Awards

Eiffel Palace wins three prizes at FIABCI Hungary awards

Eiffel Palace received triple recognition in December at the FIABCI Hungary Prix d’Excellence Awards Ceremony, according to reports. The competition...

History

Varga: Gasoline price drop to boost 2015 GDP

Despite speculation that the 2015 budget would lose HUF 80-90 bln if the price of crude oil falls under $70...

Food

Halpim: Manufacturing sector nears contraction

Hungary's seasonally-adjusted Purchasing Managers Index (PMI) dropped to 50.7 points in December, down from the previous month’s 55.1 points, the...

In Hungary

MOL hits expected production at Shaikan block

Production in the Shaikan block, a license area in the Kurdistani Region of Iraq, reached the expected 40,000 barrels of...

Social

10,000 set for 6 p.m. Opera House in Budapest

More than 10,000 people signed a Facebook page saying they would appear at an anti-government demonstration at 6 p.m. today...

History

Kövér: Dispute in Fidesz is wrong

Reacting to the recent dispute between cabinet chief János Lázár and Fidesz founder and District XII Mayor Zoltán Pokorni, House...

Awards

MNB fines FUSO for violation of market influence rules

The Hungarian central bank fined FUSO Ecosystem for HUF 10 mln due to breaking rules on market influence, as its...

Food

Elektro-Metall Paks to make electrical wiring harnesses for Airbus A350

Elektro-Metall Paks, the Hungarian unit of Germany's Elektro-Metall Export GmbH, is expected to manufacture electrical wiring harnesses for Airbus' A350...

History

EC: Hungary’s operative programs ready for approval

The European Commission (EC) classified the operative programs submitted by the Hungarian government for the 2014-20 EU budget period as...

In Hungary

Forint firms on interbank market

The forint extended early gains and was trading at 313.91 to the euro by 16:15 on Monday's interbank market, firming...

History

Prosecution initiates suspension of Goodfriend’s immunity

The public prosecutor asked Hungary's Foreign Ministry to take the necessary steps toward lifting the diplomatic immunity of André Goodfriend,...

Tourism

BSE trading holidays at end of 2014

The last trading day of the year on the Budapest Stock Exchange's prompt and derivatives sections will be December 30...

History

Széchenyi Bank depositors to get HUF 3.7 bln from state compensation fund

A total of HUF 3.7 bln will be paid to depositors of the failed Széchenyi Bank from a compensation fund...

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...