Budapest

Music

Gránit Bank reports losses; Varga promises profit in 2014

Through the state’s minority-owned Gránit Bank reported total assets of HUF 72.9 billion while taking a loss for 2013 at...

History

Hungary, Slovakia: Baltic pipeline network “critical”

Foreign Trade State Secretary Péter Szijjártó today met with his Slovakian counterpart Peter Javorčík to discuss development of the two...

Food

Survey: Household consumer-item shopping habits little changed

Households in Hungary spent an average of HUF 2,498 (some €8.13) during trips to the store to purchase daily consumer...

Food

OTP Bank closing in on MKB acquisition

OTP Bank is moving close to acquiring MKB Bank, the Hungarian unit of Germany-based Bayerische Landesbank (Bayern LB), Reuters reported...

Sights

Editorial: On the ease of falling from grace

From the Budapest Business Journal print edition: People loyal to any political system often get rewarded for their troubles. But...

Sights

Futureal to buy out Caelum Development share in Poland mall

Property developer Futureal has agreed to buy out its 50-50 partner, Poland-based Caelum Development in the NoVa Park shopping center...

In Hungary

Use of bank cards up 16.2% in H2 2013

Hungarians used bank cards to make 166 million in purchases in the second half of 2013, up 16.2% year-on-year, according...

Food

External financing capacity doubles in Q4

Hungary’s net external financing capacity came to €2.046 billion in the fourth quarter, nearly double the amount in the same...

City

The Beijing-Belgrade-Budapest axis

During his visit to Beijing this February, Hungarian Prime Minister Viktor Orbán concluded an agreement on the construction of a...

City

Metro line 4 opens in Budapest

After nine years and a run of bureaucratic and/or political snags truly epic in scale from the planning stages first...

Tourism

EY: Substantial increase in Hungary M&A in 2013

EY has released its 2013 M&A Barometer for Central and Southeastern Europe (CSE), a region comprising the countries of Hungary,...

In Hungary

Analysts: MNB base rate cuts may be done

One day after announcement of the National Bank of Hungary (MNB) base rate to yet another record low of 2.60%,...

City

Budapest Airport woos Saudi investors, announces runway renovation

Representatives of Budapest Airport, operator of Liszt Ferenc International Airport, met with Saudi investors in Riyadh as part of Prime...

History

Fringe Russian party: Return Ukraine land to Hungary, Poland, Romania

Could Hungary actually see an increase in national territory for the first time since the 19th century? Um, most assuredly...

Tourism

First Moscow-to-Hévíz flight lands

The first scheduled flight from Moscow, carrying close to 180 passengers, landed at Hévíz-Balaton Airport on Sunday; the flight will...

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...

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...

Debrecen to Host Europe’s Battery Leaders at Hungarian Battery Days in November

Leading policymakers, industry executives, international organizations and experts will gather in Debrecen on Nov. 4-5 for the sixth Hungarian Battery...