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.
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.
Mol Group signed an agreement on the purchase of Eni Hungaria Zrt., which operates 183 fuel stations under the brand Agip in Hungary and it is engaged in wholesale business, dailynewshungary quotes the popular Hungarian news portal index.hu.
The export of Austrian goods and services to Hungary is increasing and some Austrian companies are committed to expansion. There are also Hungarian entrepreneurs attempting to find their fortune in Austria.
The International Telecommunication Union (ITU), which marks its 150th anniversary this year, has began a four-day World Congress in the Hungarian capital. The event focuses on the solutions, policies, projects and initiatives accelerating ICT innovation worldwide.
With this year’s harvest, Villány is on the eve of a new marketing campaign, with cabarnet franc leading the way. In a drive to raise the profile of the region, premium Villanyi Franc will be the signature of the region’s already acclaimed reds. Indeed, in time, the words Villanyi Franc may become as globally recognised as the words Tokaji Aszu.
Hungarian Tourism Ltd. has decided to make a short campaign movie along with a photo series to show tourists how safe the country still is, despite of what they call negative propaganda, Hungary Daily News quotes the online portal of the daily Népszabadság.

