News

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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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....

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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...

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A great investor, a great friend of Hungary

May 10, 2016

A great investor, a great friend of Hungary

Khalaf Ahmad Al Habtoor, chairman of the UAE-based Al Habtoor Group, was presented with state honours from the Hungarian government. The Hungarian Ministry of Foreign Affairs presented Al Habtoor with...

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Old friends: Shiraz and Pécs become sister cities

May 07, 2016

Old friends: Shiraz and Pécs become sister cities

Mayors of Iran’s Shiraz and Hungary’s Pécs have signed a sisterhood agreement. At a meeting with the mayor of Pécs Zsolt Páva, Mayor of Shiraz Alireza Pak Fetrat emphasized the cultural and historical...

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Hungary to spend more money on research

May 04, 2016

Hungary to spend more money on research

The prime minister said the government is planning to spend a total of 1,200 billion forints (EUR 3.9bn) on research, development and innovation in the next four years.Addressing the opening ceremony ...

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Mercedes-Benz: new investment in Hungary

May 02, 2016

Mercedes-Benz: new investment in Hungary

The German carmaker Mercedes-Benz has announced a 185 billion forint worth of investment at its Hungarian plant in Kecskemét. Mercedes-Benz will invest a total of EUR 580 million in Hungary (EUR 250 m...

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2017 budget: tax cuts, housing in the focus

Apr 30, 2016

2017 budget: tax cuts, housing in the focus

The 2017 Budget enables every Hungarian to make one step further, Minister for National Economy Mihály Varga said, before he handed over the 2017 Budget Bill to the Parliament.Mihály Varga stressed th...

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