Budapest

Tourism

HUF 13 bln deposited in tax-free accounts in Q2

Hungarian banks opened "Stability Savings Accounts" with deposits of HUF 12.942 bln in Q2, and the amount deposited doubled from...

Conferences

Migrant workers’ lack of social insurance is China’s next “pollution”

Established in 1989, the Shenzhen Baode Toy Factory is a typical export-oriented supplier factory. In August 2013, workers went on...

History

German bank to sell MKB to Hungarian Government

In order to be eligible for support from the German state, BayernLB Bank will sell MKB Bank to the Hungarian...

Sights

Nomura: Despite MNB claims, more interest cuts due

Although National Bank of Hungary’s (MNB) Governor György Matolcsy said yesterday that the surprisingly high cut rates of 20bp are...

History

Official: Gov’t to revisit spending freeze in December

The Hungarian government is expected to make decision in December on whether to free up or cancel HUF 110 bln...

History

Hungary to open two new consulates-general in Germany

Hungary will establish two new consulates-general in Duesseldorf and Stuttgart, Germany, the Hungarian foreign minister said after negotiations with his...

History

Mixed signals: China’s unpredictable foreign policy

The 18th Party Congress in November 2012 produced new leadership for China, but it did not produce much optimism for...

Food

Hungary opens trading house in Macedonia

Hungary opened a trading house in Skopje, Macedonia, today, MTI, the Hungarian news agency, reported. At an official opening ceremony,...

Food

Varga: Personal income tax to stay as is

Although Prime Minister Viktor Orbán expressed hopes of lowering the personal income tax to a single digit figure just a...

Tourism

KSH: Gross wages up 4.9% y.o.y. in May

Flat prices helped average gross wages in Hungary rise 4.9% year-on-year in May, the latest publication of the Central Statistics...

History

Orbán: Spending freeze precautionary measure

The HUF 110 bln freeze in central budget spending, which was announced yesterday, is a “precautionary measure”, Hungary’s Prime Minister...

History

Bad for business and democracy

The following editorial is from July 18 print edition of the Budapest Business Journal....

Awards

WHO’S NEWS

Food

Kapuvári Hús on sale again

Investors have failed to pay the prescribed HUF 650 mln to buy Hungarian meat company Kapuvári Hús, therefore the deal...

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...