Budapest

Music

OTP Bank Q2 profit climbs 10%

OTP Bank on Friday said its consolidated second-quarter after-tax profit rose 10% to HUF 41.1 billion from the same period...

Music

Higher operating costs push MOL into red in Q2

Hungarian oil and gas company MOL on Tuesday reported a first-quarter after-tax loss of HUF 7.1 billion as operating costs...

History

MAL – the afterlife of a disaster

In October 2010, the walls of a red sludge reservoir belonging to aluminum maker MAL broke, releasing a wave of...

Tourism

Hungary GDP drops 1.2% on year, 0.2% on quarter in Q2

Hungary's GDP fell 1.2% year-on-year in the second quarter, both according to unadjusted and workday-adjusted figures, the Central Statistics Office...

Food

Analysts say monthly headline inflation decreased 0.4% in July

Analysts on average said consumer prices fell 0.1% in Hungary in July, but they still projected average annual inflation to...

Music

Energy and IT services, lower tax lift Magyar Telekom profit

After-tax profit of Magyar Telekom jumped 78.4% to HUF 13.1 billion in Q2 from the same period a year earlier...

Tourism

City analysts cut Hungary growth forecast on euro impact, deleveraging

Hungary's recession is set to be deeper than expected this year, owing to the deteriorating eurozone outlook and the ongoing...

Conferences

Behavior changes faster during crisis

The way people think about energy consumption and savings changes more rapidly during a crisis. Energy utility companies and consumers...

Hotels

Budapest has a lot to show and sell

The number of visitors in Budapest is far from the optimal, considering the opportunities and the attractions of the city....

History

2013 budget viable, but IMF deal needed, says Fiscal Council head

Next year's budget in its current form can be financed and the public debt will not grow beyond the limit...

Music

Rába Q2 net income up by two-thirds at HUF 125 mln

Hungarian vehicle and vehicle parts maker Raba had net income of HUF 125 million in the second quarter of 2012,...

Music

Corporate, retail lending stock drops on revaluations in June, MNB

Outstanding stock of loans to non-financial companies and households by Hungarian lenders fell in June from the previous month mainly...

Tourism

Hungary jobless rate reaches 10.9% in April-June

The average unemployment rate in Hungary was 10.9% in the 15-74 age group in April-June, down from 11.2% in March-May...

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...

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...

Hungary Tourism Arrivals Fall 7.3% in August as Foreign Demand Drops

Tourist arrivals at Hungarian accommodation establishments fell 7.3% year-on-year to nearly 2.6 million in August, as international arrivals dropped 13%....