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Pöttyös Panni ('Dotted Annie') cake - sugar free | Lajos Soós /MTI

Sugar-free cake of the country

D&T
Aug 10, 2017

'Dotted Annie', a cake without added sugar by Zazzi Confectionery has won Hungary's 2017 Sugar Free Cake Competition announced annually by the One Drop Drop Foundation together with the Association of Hungarian Confectionery Manufacturers.

Bus link to the airport in Budapest | source: budapest.hu

Airport bus successful in Budapest

D&T
Aug 10, 2017

The new direct bus link between downtown Budapest and the Liszt Ferenc Airport of the Hungarian capital is a real 'gold mine' for the Budapest Transport Center (BKK) commissioning the service, the Hungarian news website 444.hu reports.

| Shutterstock.com

Property market outlook over its peak

D&T
Aug 9, 2017

In July, the GKI real estate indices for Budapest and Hungary stood at 1 and 0 points respectively. Both figures dropped slightly by one point, compared to the previous survey. Both indices went up 2 points, compared to the survey made one year earlier.

| 123RF.com

Twelve-percent increase in tourism nights

D&T
Aug 9, 2017

In June 2017, the number of nights spent by international tourists in Hungary increased by 16% and that of nights spent by domestic tourists by 8.8% compared to the level a year earlier, Hungary’s Central Statistical Office (KSH) has reported.

Visitors arrive at the Sziget Festival | Szilárd Koszticsák/MTI

Sziget Festival kicks off

D&T
Aug 9, 2017

One of Europe's biggest cultural - mainly music - festivals, the Sziget Festival on Óbuda Island (hence the name) on the River Danube has opened its gates. Programs at the anniversary, 25th Sziget Festival start this Wednesday.

The Eiffel Palace office building in Budapest | source: Horizon Development

Budapest's Eiffel Palace sold again

D&T
Aug 8, 2017

The National Bank of Hungary has sold heritage protected Eiffel Palace, a downtown office building in the vicinity of the Nyugati railway station in the Hungarian capital, to the Luxembourg-based Corpus Sireo Real Estate investment fund for EUR 53.8 million.

| Dávid Harangozó

Great opportunities ahead

D&T
Aug 8, 2017

On the occasion that Spain and Hungary mark the 40th anniversary of diplomatic relations this year, the Ambassador of the Kingdom of Spain to Hungary, José Ángel López Jorrin talks to the latest issue of Diplomacy&Trade.

| Can Stock Photo Inc.

Budget surplus produced by higher tax revenue

D&T
Aug 7, 2017

In the month of July 2017 the state budget posted a surplus of HUF 94.4bn, thanks mainly to higher-than-expected tax revenues, according to a statement about fiscal data by the Hungarian Ministry of National Economy.

Balaton Uplands | source: MasterCard Hidden Treasures

Balaton Uplands among the best places in Europe

D&T
Aug 7, 2017

Mastercard has compiled a list of 'Europe's hidden treasures' with Balaton Uplands, the area along the northern shore of Lake Balaton, Central Europe’s largest freshwater lake, in Western Hungary, making it to the list in position 15.

Vojvodjanska Banka branch in Panèevo

Hungary's OTP buys bank in Serbia

D&T
Aug 4, 2017

The Serbian unit of the largest Hungarian Bank OTP has bought the Serbian Vojvodjanska Banka from the National Bank of Greece for EUR 125 million. The deal also includes other Serbian units of the National Bank of Greece.

ALTEO’s wind power plant in the outskirts of Jánossomorja | source: ALTEO

New ALTEO projects in the pipeline

D&T
Aug 3, 2017

The Hungarian energy services firm ALTEO could launch new projects in a total value of close to HUF ten billion (some EUR 32 million): three power plants utilizing a total of 18.1 MW of solar power, and a 2 MW wind power plant.

A man cooling himself at the fountain on Budapest's Margaret Island | Noémi Bruzák /MTI

Extreme heat in Hungary

D&T
Aug 3, 2017

The Hungarian Meteorological Service (OMSZ) has warned that daytime highs could be around (or above) 40 degrees Celsius for the rest of the week, especially on Friday. Accordingly, a heat alert has been declared for the entire country until August 4.

MatthewPrickard at Syngenta | Syngenta

British expert to head Syngenta Hungary

D&T
Aug 2, 2017

As of August 1, Matthew Prickard took over as the General Manager of Syngenta Hungary, replacing Tibor Czigány who moves on to work in Syngenta's African division. Matthew Prickard arrived to Hungary from the firm's Scandinavian division.

| source: The Heineken Company

European consumers help Heineken sales increase

D&T
Aug 1, 2017

Heineken, the world’s second-largest brewery company, has published its results for the first half of 2017 and the numbers are quite good. Strong sales in Europe were the main reason including a double-digit growth in Hungary.

Old Hungarian banknotes | source: National Bank of Hungary

Two Hungarian banknotes out of circulation

D&T
Aug 1, 2017

The National Bank of Hungary (MNB) has warned that as of this Tuesday, only the new 2,000 and 5,000 forint banknotes will be accepted in stores. On July 31, the central bank has withdrawn from circulation old notes that had been issued before 2016.

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