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• Economy

  Construction industry pushes for earlier funding payouts

  

  Construction industry association EVOSZ is urging the government to make funding for investments at SMEs available sooner, association chairman László Koji told state news agency MTI.

   Thu, Feb. 21, 2019, 10:30

  • construction
  • industry
  • payout
  • labor shortage
  • worker
  • funding
• Analysis

  Hungary posts 3rd highest growth in Chinese tourist arrivals

  

  The EU remains an attractive destination for Chinese tourists, and while the U.K. is still the most popular looking at sheer numbers, Hungaryʼs 25.1% growth in arrivals in 2018 puts the country in third place in terms of relative growth, according to a press release from air travel analyst ForwardKeys.

   Thu, Feb. 21, 2019, 10:20

  • Hungary
  • China
  • tourism
  • growth
  • EU
  • ForwardKeys
• Business

  Tesla to open dealership in Budapest

  

  Tesla, the American automotive company that specializes in electric cars, plans to open a dealership salon in Budapest, near Petőfi Bridge, according to a report on current affairs news portal hvg.hu.

   Thu, Feb. 21, 2019, 10:00

  • Tesla
  • car
  • electric
  • Budapest
  • dealership
• Culture

  Balaton Sound announces return of ’Safety First’ initiative

  

  Hungarian electronic music festival Balaton Sound has said it will rerun its so-called “Safety First” initiative, originally launched last year to help young people become more conscious and secure, according to a press release sent to the Budapest Business Journal.

   Thu, Feb. 21, 2019, 09:30

  • Balaton Sound
  • festival
  • safety
  • initiative
• Business

  Higher revenue, HQ sale lift Magyar Telekom profit

  

  Fourth-quarter after-tax profit of Magyar Telekom (MTel) rose 49% year-on-year to HUF 7.7 billion, supported by higher sales and one-off revenue from the sale of the telcoʼs old headquarters, according to an earnings report released late Wednesday, state news agency MTI reported.   

   Thu, Feb. 21, 2019, 09:00

  • Magyar Telekom
  • MTel
  • revenue
  • profit
  • sales
  • HQ
• Socialite

  Ráth Villa, Budapest’s Shrine to Hungarian Art Nouveau

  

  David Holzer embarks on a pilgrimage to discover the differences between Szecesszió and Art Nouveau.

   Wed, Feb. 20, 2019

  • Ráth Villa
  • art nouveau
  • Szeszeció
  • Secessionist
• Whosnews

  Gránit Pólus appoints business development director

  

  Gránit Pólus Group has named Attila Prosits as its business development director, after he headed the capitalʼs WestEnd City Center mall successfully for nearly ten years, according to a press release sent to the Budapest Business Journal.

   Wed, Feb. 20, 2019, 14:35

  • Gránit Pólus
  • business
  • development
  • appointment
  • Prosits
• Whosnews

  New WestEnd property management director named

  

  Gránit Pólus Group has announced the appointment of Simona Ioana Ion as property management director of Budapestʼs WestEnd City Center shopping mall, according to a press release sent to the Budapest Business Journal.

   Wed, Feb. 20, 2019, 13:41

  • WestEnd
  • property
  • operation
  • management
  • Gránit Pólus
  • Ion
• Business

  Budapest Airport raises wages by 12.8% on average

  

  Wages at Budapest Airport and its subsidiaries are set to increase by 12.8% on average, as the airport reached an agreement with business councils and trade unions about base wages and bonus increases, according to a press release sent to the Budapest Business Journal.

   Wed, Feb. 20, 2019, 13:30

  • Budapest Airport
  • wage
  • security
  • worker
  • union
• Politics

  CEU named co-winner of 2019 Politiken Freedom Prize

  

  Budapestʼs Central European University (CEU) and international network Scholars at Risk have been jointly awarded the 2019 Politiken Freedom Prize for "protecting scholars and the freedom to think, question and share ideas," according to a press release sent to the Budapest Business Journal.

   Wed, Feb. 20, 2019, 12:30

  • CEU
  • freedom
  • prize
  • Denmark
  • Politiken