Food

Food

Growth, employment may lag amid a global glut of unsold goods

Just-in-time inventories are turning into just-too-much at companies around the world....

Food

Dollar rebounds on speculation traders to pare bets on decline

The dollar rebounded from a 20-month low against the euro on speculation that traders will pare near- record bets on...

Food

Friesland to close two Hungarian units, boost capacity at remaining dairy

Dutch dairy giant Friesland plans to shut down two of its three dairies in Hungary, and move some capacity from...

Food

EU to seek approval for BASF biotech potato, reviving fight

The EU will ask its 25 members to allow cultivation of a genetically modified potato owned by BASF AG, the...

Food

Állami Nyomda to expand further outside Hungary to boost sales

Állami Nyomda, plans to follow larger domestic companies in buying companies abroad to increase the proportion of revenue it gets...

Food

Banks encourage Christmas spending

Banks are doing their best to fuel the usual Christmas shopping frenzy. There are credit cards that can be used...

Food

EU plans to boost outside lending by 32% in 2007-13

European Union governments plan to boost lending for infrastructure projects outside the 25-nation bloc by 32% to €27.3 billion ($35...

Food

OTP Bank plans to boost Ukrainian branches to 200 in 2 years

OTP, based in Budapest, plans to open 160 new branches of the bank it renamed CJSC OTP Bank, the Hungarian...

Food

Monetary Council leaves base rate unchanged – extended

The Monetary Council of the National Bank of Hungary (MNB) decided to leave the central bank base rate, which is...

Food

Magyar Telekom calls EGM for December 21

The board of Magyar Telekom Nyrt on Friday called a general meeting for December 21 to approve the company's 2005...

Food

PPF says won’t sell Romanian lender shares to BayernLB’s MKB

PPF Investments, a UK-based investment group that's already bought almost 20% of the stock in Romanian lender Romexterra, said it...

Food

Hungary to skip gas price hike, cut subsidies

Hungary's government rejected a proposal by Minister of Economy and Transport János Kóka to raise the base price of natural...

Food

OTP Bank doesn’t expect “reasonable” price for CEC

OTP Bank Nyrt, Hungary's biggest lender, doesn't expect Romania to sell state-owned bank Casa de Economii si Consemnatiuni SA for...

Food

Fotex profit sinks on selling assets, closing stores

Fotex, a Hungarian retailer turned property manager, reported Q3 profit plunged 85% because of the cost of selling units and...

Food

Synergon blames Q1-Q3 losses on foreign units

IT company Synergon Nyrt had losses of Ft 243.5 million in Q1-Q3, compared to profits of Ft 85.6 million in...

Food

Popeyes Opens Second Hungarian Restaurant at Árkád

Popeyes has opened its second restaurant in Hungary on June 11, following the American fast-food chain’s successful entry into the...

Food

Leon Osteria Brings Italian Twist to the Festive Season With Limited-time Holiday Menu

For those looking to escape predictable holiday flavors, Leon Osteria is offering a distinctly Italian answer to festive dining. The...

ÉS Bisztró Launches Sunday Brunch at Kempinski Budapest

ÉS Bisztró at Kempinski Hotel Corvinus Budapest launched a weekly Sunday brunch, combining an à la carte menu of brunch...

McDonald’s Opens New Flagship Restaurant at Budapest’s Erzsébet Square Terminal

McDonald’s has opened a new flagship restaurant in the Terminal building on Erzsébet Square in Budapest, combining preserved architectural features...

Gordon Ramsay Bar & Grill Budapest Opens to a Full House

Gordon Ramsay Bar & Grill Budapest is now officially open at Dorothea Hotel, Budapest, Autograph Collection, marking the Gordon Ramsay...

Popeyes Opens Second Hungarian Restaurant at Árkád

Popeyes has opened its second restaurant in Hungary on June 11, following the American fast-food chain’s successful entry into the...

Nobu Budapest Enters New Era After HUF 1.5 bln Revamp

Nobu Budapest has entered a new chapter following a renovation worth over HUF 1.5 billion, with Nobu Matsuhisa, founder of...

Cova to Open 1st Hungarian Location at Matild Palace

Budapest is set to welcome a brand new addition to its high-end hospitality scene as Cova prepares to open its...

ÉS Bistro Reopens After Reset, Refining Concept

Budapest’s ÉS Bisztró has reopened following a months-long closure that went beyond a conventional renovation, marking what its operators describe...

National Restaurant Week Begins With 252 Restaurants Offering Fixed-price Menus

Hungary’s spring National Restaurant Week begins today and runs through March 29, offering diners multi-course menus at fixed prices at...

Nobu Budapest to Temporarily Close for Major Renovation

Nobu Budapest’s iconic restaurant will temporarily close on Feb. 15 as part of a comprehensive HUF 1.5 billion renovation project...

60 Pizzas at Once and a Record HUF 3 mln Order: Wolt’s Wildest Records in 2025

A typical Wolt user in Hungary most often places an order on Fridays, favoring burgers and pizza, but also frequently...

Leon Osteria Brings Italian Twist to the Festive Season With Limited-time Holiday Menu

For those looking to escape predictable holiday flavors, Leon Osteria is offering a distinctly Italian answer to festive dining. The...

Virtu Restaurant Marks 2 Years With Festive Winter Menu

Virtu Restaurant, located on the 28th floor of the MOL Campus and known for combining Budapest’s skyline with modern Hungarian...

Gordon Ramsay to Open First Central European Restaurant at Budapest’s Dorothea Hotel

Gordon Ramsay Restaurants Global and the Dorothea Hotel, Budapest, Autograph Collection have entered a strategic partnership that will bring one...

Budapest Gov’t Office Fines Wolt Over Occupational Safety Violations

The Budapest Metropolitan Government Office fined the local unit of food delivery company Wolt HUF 60 million over occupational safety...

Time Out Market Budapest to Open Its Doors to the Public Tomorrow

Time Out Market Budapest opens its doors to the public on Saturday, September 20 at 11.30 a.m. at the historic...