Budapest

Food

Erste Group takes €53.8 million Q1 loss in Hungary

Austria-based Erste Group took a first-quarter loss of €53.8 million at its business in Hungary as it booked the full-year...

Food

INA income, revenue, operating profit down in Q1

First-quarter net income of Croatia-based oil-and-gas company INA, a subsidiary of MOL, slipped 8% to HRK 241 million (€31.7m) from...

History

Wolf of Wall Street, Hobbit lead upswing in Hungary box office

Cinema ticket sales came to HUF 13.2 billion (almost $60 million) in 2013, up from HUF 11.9 billion in ‘12,...

Food

Deputy CEO: MNB Mortgage Bank to return to profitability

MNB Mortgage Bank expects to break back into the black this year, according to IFRS, on improved revenue from interest...

History

European Commission payments not suspended; clarification requested

The European Commission (EC) has not suspended payments to Hungary, but is expecting an answer from Hungarian authorities on concerns...

Conferences

Strong professional know-how is our greatest asset

Leading Hungarian IT firm evosoft Hungary Kft is a member of Siemens AG, the largest European engineering and technology concern....

Tourism

KSH: Unemployment rate improves to 8.3% in Q1 2014

The Central Statistics Office (KSH) today reported a 3.5% year-on-year decrease in Hungary’s unemployment rate to 8.3% for 2014 through...

Sights

EC launches infringement procedure against “plaza ban”

The European Commission has launched an infringement procedure against Hungary concerning a ban on the construction of large-scale shopping centers...

History

TI Hungary survey shows poor transparency among state companies

Of the 66 Hungarian state companies whose websites have been assessed by Transparency International (TI) Hungary, only two received 90...

History

The price of inaction

War changes everything, yet nothing about war ever really does. Towns are seized and lost and seized again. Families bury...

Conferences

K&H CEO: Predictable economic policy expected

The management of K&H Bank expects Hungary’s new government to follow a stable, predictable economic policy, hopeful that the financial...

City

Budapest bike-sharing system: Hype on two wheels?

From the Budapest Business Journal print edition: The winds of bike sharing change have finally reached the Hungarian capital. The...

Awards

Emmis to appeal ICSID decision on Sláger Rádió – if possible

In response to a decision made against now-defunct Sláger Rádió by US-based International Centre for the Settlement of Investment Disputes...

Music

Average earnings up 1.3% y.o.y. through February

In a round of figures released by the Central Statistics Office (KSH), in the national economy (defined as those corporations...

Awards

ICSID rules in favor of government v. Sláger Rádió

The Washington, D.C.-based International Centre for Settlement of Investment Disputes (ICSID) on Wednesday ruled in favor of the state of...

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...