AmCham Hungary, HIPA sign partnership agreement
The Hungarian Investment Promotion Agency (HIPA) is supporting the BSS Hungary (Business Services Sector Hungary) initiative launched by the American Chamber of Commerce (AmCham) with 24 representatives of the business services sector to promote the industry in Hungary, HIPA and AmCham said in a ...
Record-breaking plans halted by pandemic
Budapest Airport expects 5.5 million passengers this year
Due to the flight cancelations and drop in passenger traffic expected during the remaining months of this year, Budapest Airport has recalculated its annual forecast issued 3 months ago. According to the new projection, the annual passenger number will be no more than 5.5 ...
Boat with hydrogen fuel cells unveiled at Balaton Boat Show
The first boat with hydrogen fuel cells and developed by Hungarians was showcased at the Balaton Boat Show in Balatonkenese on Friday.
Airport spends more than 100 million euros for development over 12 months
New pier, automated check-in await travellers
The last twelve months were decisive in the life of Budapest Airport, as the company completed several large-scale development projects and background developments which have made travel by air faster and more convenient, maintaining the high level of safety and security, further strengthening the ...
Coronavirus leaves bad taste in mouths of gum manufacturers
Nail-chewing times are here
COVID-19 has battered countries, communities and corporations big and small. One perhaps unexpected casualty is chewing gum, a product with a 5000-year history and which has just celebrated half a century since the first full year of Hungarian production in 1970.
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 ...
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.
Period of strong growth ahead for TFE Hotels
Australian company expanding to Vienna, Geneva
Leading Australian hotel group TFE Hotels will debut its flagship Adina Hotels brand in Austria in 2020 and Switzerland in 2022.
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.
