Budapest spa operator projects revenue to drop by 60 percent or more this year

Baths under constant crisis management

Revenue of Budapest spa operator BGYH could drop by 60 percent to 8-9 billion forints (EUR 26m) this year even under an optimistic scenario that there will be no second wave of the coronavirus epidemic, the recently appointed CEO of BGYH told business daily Világgazdaság. All the spas operated by the company were closed from […]

Croatia court jails Hernádi in absentia over ex-PM bribe

MOL boss corrupt: court

A Zagreb court has found Zsolt Hernádi, chief executive of Hungarian oil and gas company MOL, and former Croatian Prime Minister Ivo Sanader guilty of corruption, Croatian public television has reported.

OECD more optimistic on Hungary's GDP growth forecasts

Economy producing the goods

Hungary's third-quarter GDP grew by an annual 5 percent, the Central Statistical Office has confirmed in a second reading of data. Analysts, the government and a revised projection of the Organisation for Economic Co-operation and Development expect full-year growth also to be around 5 ...

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Párisi Udvar Hotel officially opens

Historic landmark transforms into luxury hotel

When Hungarian architecture firm Archikon was tasked with transforming a monumental but faded Belle Epoque beauty in Budapest into a luxury hotel, the ornate landmark needed far more than a face-lift. Years of neglect and misguided mid-20th-century renovations had left the once glittering 100-year-old ...

Explore new career prospects with Access MBA and Access Masters

Take an extra step in education

Top-ranked international business schools will participate in Access MBA and Masters Education events in Budapest, with Access MBA Budapest on November 30 and Access Masters on December 1.

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OECD more optimistic on Hungary's GDP growth forecasts

Economy producing the goods

Hungary's third-quarter GDP grew by an annual 5 percent, the Central Statistical Office has confirmed in a second reading of data. Analysts, the government and a revised projection of the Organisation for Economic Co-operation and Development expect full-year growth also to be around 5 ...

Explore new career prospects with Access MBA and Access Masters

Take an extra step in education

Top-ranked international business schools will participate in Access MBA and Masters Education events in Budapest, with Access MBA Budapest on November 30 and Access Masters on December 1.

Párisi Udvar Hotel officially opens

Historic landmark transforms into luxury hotel

When Hungarian architecture firm Archikon was tasked with transforming a monumental but faded Belle Epoque beauty in Budapest into a luxury hotel, the ornate landmark needed far more than a face-lift. Years of neglect and misguided mid-20th-century renovations had left the once glittering 100-year-old ...

Most commented articles Business

Explore new career prospects with Access MBA and Access Masters

Take an extra step in education

Top-ranked international business schools will participate in Access MBA and Masters Education events in Budapest, with Access MBA Budapest on November 30 and Access Masters on December 1.

Párisi Udvar Hotel officially opens

Historic landmark transforms into luxury hotel

When Hungarian architecture firm Archikon was tasked with transforming a monumental but faded Belle Epoque beauty in Budapest into a luxury hotel, the ornate landmark needed far more than a face-lift. Years of neglect and misguided mid-20th-century renovations had left the once glittering 100-year-old ...

Budapest spa operator projects revenue to drop by 60 percent or more this year

Baths under constant crisis management

Revenue of Budapest spa operator BGYH could drop by 60 percent to 8-9 billion forints (EUR 26m) this year even under an optimistic scenario that there will be no second wave of the coronavirus epidemic, the recently appointed CEO of BGYH told business daily ...