‘Recovery from this recession is dependent on innovation. The time to invest is now’ - said the EU Commissioner for Innovation, and yet, looking at Hungary's place at SII, it is obvious that there is a great room for development.

The website of Antro, a revolutionary Hungarian car design company, is more and more popular since Time magazine listed the company's super-light electric vehicle as one of the 50 best inventions of 2010, the weekly Heti Válasz says.

The government plans to help make broadband internet available in the whole of Hungary as part of competitiveness-boosting and IT development measures, the state secretary for infocommunications announced on Monday.

Ticket sales by the Budapest public transport company did not increase in the past year despite a significant rise in fuel prices over the same period, the Hungarian business daily Napi Gazdaság reported on Tuesday.

Six new hotels (including three-, four- and five-star hotels and an apartment hotel) with 400 rooms are due to be inaugurated in Budapest this year, real estate consultant Colliers International announced on Wednesday.

American Airlines and Malev will launch a daily direct Budapest-New York flight on April 6, the vice president for the region at the American air carrier, Kurt Stache announced at a press conderence in Budapest on Tuesday.

Most Hungarians in Egypt have left the country by now, the embassy is not aware of any Hungarian citizens gotten into trouble in connection with the violent anti-government riots there, Ambassador Péter Kveck said on Friday.

As with all origin legends, this is the truth about the conveyor belt, the mass manifacturing and Tin Lizzie. All in all, the flagship innovations of the modern time civilization derive from of one single basis: they all have Hungarian origin. Yesterday was the 130th birth anniversary of the father of these innovations.

Nestled amongst the stunning scenery of the Austrian Alps, Hotel Hochschober is renowned for its all-weather activities and facilities featuring unique attractions like a heated lake, a Chinese pagoda or even a Hamam bath.

Qatar Airways operate four Airbus A320 aircraft a week on a route between Budapest and Doha International Airport with a short stopover in Bucharest as of this January. Direct flights will start in September.

Hungary is mulling plans to build new blocks at its sole nuclear power plant in Paks, south of Budapest, to satisfy a large portion of domestic demand for electricity after 2030, business daily Világgazdaság said on Thursday.

Marvel Entertainment, LLC, one of the world's most prominent character-based entertainment companies announced a long-term strategic collaboration with the Hungarian ZEN Studios, a global producer and publisher of interactive entertainment software.

Yesterday, the American Chamber of Commerce held its 5th Corporate Governance Workshop, entitled ‘Corporate Governance Considerations for Non-listed Companies – Lessons for Practice, Research and Education’

'People here are very professional, very well-educated, which is, of course, very important for our business”, says Herbert Fisch of BASF Hungária, adding that his company sees great potential in Central Europe.