Budapest

Music

MOL takes HUF 30 billion loss for Q3 on refinery shutdown

Hungary-based oil-and-gas company MOL today reported a third-quarter loss of HUF 30.0 billion because of a write-down on the assets...

Conferences

Varga, analysts: 2013 GDP growth could reach 1%

Hungary’s economy could grow by 1% this year, analysts told MTI on Thursday, after the Central Statistics Office (KSH) published...

Conferences

Twenty Hungarian workers “systematically bullied,” “exploited” in Australia

A group of 20 Hungarian laborers brought to Australia on temporary work visas by Austria-based Assmont Steel Construction Gmbh have...

Sights

Conquering the Hungarian castle estate market

It raises hackles in the real estate business that country manor houses have become so inexpensive in Hungary that one...

Music

OTP profit drops 74% on risks, Ukraine write-off

OTP Bank’s consolidated third-quarter after-tax profit fell 74% to HUF 10.9 billion from the same period a year earlier on...

Food

BusinessEurope forecasts 1.3% GDP growth in ’14

Add another to the list of groups expecting decent GDP growth for Hungary in 2014: According to news service MTI,...

Music

Oppositon to turn to EC over E.ON purchase

The opposition Socialist Party will file a complaint with the European Commission in connection with the government’s purchase of the...

Tourism

Taxi inspectors chase hyenas, find numerous “anomalies”

Inspectors of the Budapest Transportation Center (BKK) conducted extensive inspections into the operation of taxi cabs in the city in...

History

Time approaching to take profits from Hungarian assets

The central bank’s thirst to reach a record low base rate month after month seems unabated, but market analysts say...

Conferences

Government scraps plan to buy troubled steelmaker

The central government has scrapped plans to buy steelmaker ISD Dunaferr, state secretary for employment Sándor Czomba stated yesterday after...

History

$2 billion in international bonds to be sold before year’s end

Hungary wants to raise about $2 billion on international bond markets before the end of this year, National Economy Minister...

Sights

Fine vision, seismic shift for National Gallery

László Baán, General Director of the Museum of Fine Arts, has been entrusted with the management of a project to...

History

Closer economic cooperation with Russia sought

Foreign Trade State Secretary Péter Szijjártó met with the Tatarstan, Russia, regional deputy premier Ravil Muratov in Budapest yesterday in...

Sights

National Asset Manager: Idle capacity for more toxicity

It took some trimming on the eligibility criteria, but the National Asset Management Agency is finally closer to its designated...

Awards

Weapons-grade uranium removed from Hungary

The U.S. Department of Energy (DoE) yesterday announced that the removal of some 49.2 kilograms of highly enriched uranium (HEU)...

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...

In Hungary

A Shared Celebration: An Exclusive Advent Weekend in Tállya

There is a special kind of magic in the weeks leading up to Christmas. As the year draws to a...

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...

A Shared Celebration: An Exclusive Advent Weekend in Tállya

There is a special kind of magic in the weeks leading up to Christmas. As the year draws to a...