News

How to spend a perfect day in Budapest

Jul 04, 2016

How to spend a perfect day in Budapest

The largest city and capital of Hungary, Budapest is among the most scenic and stunning places I have seen. You can find tons to explore in Budapest, which is fitting for a place rich in history — fro...

Read More

The Malta Tourism Authority increases its marketing efforts in Hungary

Jun 30, 2016

The Malta Tourism Authority increases its marketing efforts in Hungary

As part of its ongoing efforts to achieve further growth and greater diversification, the Malta Tourism Authority (MTA) has intensified its presence in Eastern Europe and is already registering positi...

Read More

Hungary’s Eximbank to open credit line for Azerbaijan’s PASHA Bank

Jun 27, 2016

Hungary’s Eximbank to open credit line for Azerbaijan’s PASHA Bank

Hungarian Export-Import Bank Plc (Eximbank) plans to open a credit line for Azerbaijan’s PASHA Bank OJSC in the amount of $5 million, which will contribute to further development of cooperation betwee...

Read More

Hungary seals banking peace deal

Jun 23, 2016

Hungary seals banking peace deal

The Hungarian Government has finally signed off on a deal to buy a 15% stake in the local unit of Erste Group, with the European Bank for Reconstruction and Development (EBRD) buying another 15%.The a...

Read More

The booming real estate market in Budapest

Jun 20, 2016

The booming real estate market in Budapest

KGAL has purchased the Eiffel Square Office Building in Budapest, adding a prime asset in Hungary to its property portfolio. The purchase of the building from UK fund manager Europa Capital signals co...

Read More

Air Canada inaugurates Toronto-Budapest connection

Jun 17, 2016

Air Canada inaugurates Toronto-Budapest connection

New route extends Air Canada Rouge's summer expansion in Central Europe. The arrival of the first flight AC1910 from Toronto -Pearson at Budapest Ferenc Liszt International Airport further extends Air...

Read More

The Mongolian Ambassador delivers his credentials to Hungary

Jun 14, 2016

The Mongolian Ambassador delivers his credentials to Hungary

Newly appointed Mongolian Ambassador to Hungary Zeneemyadar Batbayar presented his credentials to Hungarian President János Áder. Following the ceremony, the sides shared their views on the upgrade of...

Read More

Hungarian firm offers new lactose-free dairy products

Jun 06, 2016

Hungarian firm offers new lactose-free dairy products

Hard on the heels of Müller Dairies announcing an extension of doorstep milk delivery in the UK, a partnership between O-I, the world's leading glassmaker, and one of Hungary's leading dairy suppliers...

Read More

Egypt: Hungary to fund 700 train carriages in $1B deal

Jun 03, 2016

Egypt: Hungary to fund 700 train carriages in $1B deal

The deal includes 80 train carriages to be given to the Egyptian National Railways as a gift worth a 100 million euro-grant from Hungary. Egypt and Hungary have signed a letter of intent where Hungary...

Read More

Szechenyi Thermal Baths in Budapest wins prestigious award

May 31, 2016

Szechenyi Thermal Baths in Budapest wins prestigious award

It was named as the International thermal medical bath of the year. The International Medical Travel Journal (IMTJ) celebrates every year excellence in the medical industry in 21 categories. Jury pick...

Read More

Hungary: Employment growth hits new record

May 27, 2016

Hungary: Employment growth hits new record

The number of people in employment has been nearing 4 million 300 thousand in Hungary, according to the latest job report of the Hungarian Central Statistical Office (KSH). In the period February-Apri...

Read More

Fitch Ratings returns Hungary to investment grade

May 24, 2016

Fitch Ratings returns Hungary to investment grade

Fitch Ratings returned Hungary to investment grade as it upgraded the sovereign to BBB- from BB+ with a stable outlook. Fitch is the first of the three major ratings agency to offer the country an esc...

Read More

Hungarian studio wins competition for new Budapest’s Museum

May 20, 2016

Hungarian studio wins competition for new Budapest’s Museum

Hungarian architects Napur have won the international design competition to design the new Museum of Ethnography building in Budapest. The firm – who worked in collaboration with architects and design...

Read More

Rubik’s Cube competition – Magic in Pakistan

May 17, 2016

Rubik’s Cube competition – Magic in Pakistan

Hunor Bozsing says he got lucky eight years ago: searching for an old toy in his house in Budapest, instead he stumbled across a Rubik’s Cube – a twist of fate that launched him to international fame....

Read More

Bocuse d’Or: fantastic victory for Hungary

May 13, 2016

Bocuse d’Or: fantastic victory for Hungary

Tamás Széll from the Michelin-starred Onyx restaurant in Budapest, Hungary took gold in a result that was hugely popular with a vocal home crowd. His dish consisted of a leg of young deer grilled on c...

Read More