27 types of wine from 19 producers in Hungary's historical wine production region Tokaj will go under the hammer at the 4th Grand Tokaj auction this April. All 27 are special items that cannot be purchased anywhere else currently.
27 types of wine from 19 producers in Hungary's historical wine production region Tokaj will go under the hammer at the 4th Grand Tokaj auction this April. All 27 are special items that cannot be purchased anywhere else currently.
Following last year, when several tourism indicators hit new highs, this year also promises to be a record-breaking one in Hungary: dynamic growth experienced in the number of tourism nights by domestic guests and arrivals by foreign guests have also picked up.
Budapest Airport says it has achieved a unique triple success as it won the title of 'Best Airport in the Eastern Europe region' for the third consecutive year. The award was handed over at the ‘Passenger Terminal EXPO’ in Cologne, Germany.
The SPAR supermarket chain has been present in Hungary for 25 years. Austria SPAR International AG purchased a Hungarian chain of stores in 1991. The national network is now of 32 hypermarkets, 349 supermarkets and 75 franchise stores.
The European Commission has opened infringement proceedings against Hungary over the ban on loss-making in the retail sector, in the form of a Formal Notice, arguing that it may restrict the freedom of establishment for businesses.
Hungary’s largest drugs producer, Gedeon Richter Plc., has announced that it bought out its Chinese partner, obtaining its outstanding 50% stake, further strengthening its presence in China, the Hungarian financial website portfolio.hu reports.
Hundreds of taxi drivers blocked roads in downtown Budapest to demand the banning of the Uber service that syphons away customers from them. They claim the Uber service is illegal as it does not conform to the requirements cab drivers must adhere to.
The number of visitors in Budapest’s thermal baths increased by 15% and revenue was up by 17% in 2015 compared to the previous year. As the operator had an operating profit in 2015 of around 2 billion forints, this opens up investment opportunities.
Hungarian travelers, investors, business people, and tourism professionals are among the target audience of the ASEAN Tourism Forum that takes place in Manila(January 18-25), as a cooperative regional effort to promote tourism to the 10 member states.
British families often remark that the English Garden Nursery and Pre-school seems as if it has been transported over from the United Kingdom which reflects the English Garden’s motto “A British Style education in an International Atmosphere!”
The Hungarian Minister for National Economy Mihály Varga signed a financing agreement with Budapest’s public transport company BKV, under which 20 Hungarian-made electric midibuses and the necessary charger technology will be purchased.
At noon this Wednesday, the number of passengers at Budapest Airport this year officially reached 10 million – the number of people who used the airport in 2015 equals the population of Hungary, which is the highest traffic record of all time, so far.
The National Bank of Hungary (MNB) announced on Tuesday that it increased its ownership in the Budapest Stock Exchange (BSE) to 75.8% by acquiring a total stake of 68.8% from Austrian CEESEG AG and Österreichische Kontrollbank AG.
The European Commission has opened infringement against Hungary for lack of compliance of the Paks nuclear power plant project with EU public procurement rules. Portfolio.hu says the move is not unexpected, as press reports have already heralded it.
Restaurants, bars and cafes in shopping centers have become the new magnets for other businesses as shopping centers across Europe are the preferred destination for eating and drinking.

