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International Business Awards | bbh.com

NNG wins International Business Awards

D&T
Aug 18, 2017

An international jury of more than 200 executives worldwide awarded NNG with three International Business Awards for one of its development solutions, as well as its recent marketing and internal communication campaigns.

Packing the horses at Budapest Airport | Budapest Airport

Flying horses spotted at Budapest Airport

D&T
Aug 17, 2017

Fourteen racehorses bred in Hungary were flown to China last week, on board Cargolux’s Boeing 747. The Friesian and Shagya Arabian horses, trained specifically for combined driving, took off from Budapest Airport in special freight containers.

AA Boeing 767 | Budapest Airport

Daily flights between Budapest and Philadelphia

D&T
Aug 16, 2017

As of May 4, American Airline, the world's largest airliner, will have scheduled daily flights between the Hungarian capital and the city of Philadelphia on the east coast of the United States, according to a communiqué by Budapest Airport and the US airliner.

Drawing well in Hortobágy | Andreas Poeschek /wikipedia

Government funding for E Hungary tourism

D&T
Aug 15, 2017

The northeastern Hungarian region involving the city of Debrecen, the town of Hajdúszoboszló, the Hortonágy National Park area and the Lake Tisza reservoir have been given HUF billions for development in a program lasting until 2030.

An MFB branch in Budapest | source: GoogleMaps

More MFB info points

D&T
Aug 11, 2017

Lending is gaining more and more importance as the pace of economic growth is accelerating, Minister for National Economy Mihály Varga said at the opening of a Hungarian Development Bank (MFB) info point at an OTP Bank branch in the third district of Budapest.

Graphisoft Park expands further

D&T
Aug 11, 2017

According to information published at the website of the Budapest Stock Exchange, in the framework of the developments tby Graphisoft Park, there will be 20,000 m2 office space and underground parking for 750 cars constructed by 2018.

| 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.

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.

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.

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.

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Success, passion and commitment

D&T
Jul 31, 2017

Grupo Iberostar, one of the most important Spanish companies in the world, celebrated 60 years of history. Six decades working with its customers and employees on a journey has positioned it at the forefront of the industry with hotels in 16 countries.

Leier master ceiling | source: Leier Hungária

Leier expands Hungarian plant

D&T
Jul 28, 2017

Leier Hungaria Ltd., the Hungarian subsidiary of Austrian construction industry group Leier, is spending HUF 7 billion (EUR 23 million) on expanding its six Hungarian construction material plants, creating a hundred new jobs.

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