News
Jul 19, 2016
Share of forex debt falls below 30 percent in Hungary
In the month of June 2016, the share of forex debt within the total volume of state debt was down by 5 percent year-on-year. Positive fiscal processes have also been recognized in the latest analysis...
Jul 16, 2016
China, Hungary eye faster progress in railway project with Serbia
Chinese Foreign Minister Wang Yi called for speeding up the Hungary-Serbia railway project and deepening cooperation in various fields, while meeting in the Mongolian capital with his Hungarian counte...
Jul 13, 2016
Emirates flight to Budapest is all business travel should be
The flight to Europe’s sixth-largest city was business travel as it ought to be – on time, comfortable and efficient, with plenty of room to work and relax- according to Peter Cooper, who travelled fr...
Jul 10, 2016
Hungarian film wins main prize at Karlovy Vary film festival
The 50th Karlovy Vary International Film Festival closed with an awards ceremony on Saturday night. The Crystal Globe for best film went to the Hungarian film It's Not the Time of My Life, shot by the...
Jul 07, 2016
Hungarian Investment Promotion Agency assists €1.33 bn investment
In the first half of the year the Hungarian Investment Promotion Agency (HIPA) was involved in the launch of 38 investments in Hungary, with a combined value of €1.33 bn, state secretary Levente Magya...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...