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Remembering the victims of the Holocaust on the bank of the Danube in Budapest

Holocaust Victims Remembered in Budapest

Jan 6, 2020

The victims of the Holocaust were remembered this Monday at the ‘Shoes on the Danube’ Holocaust Memorial in Budapest with the participation of Yakov Hadas-Handelsman, Israel's new Ambassador to Hungary. In the first public appearance for the Israeli diplomat in this country, he expressed his respect for the victims of the Holocaust in Hungary, alongside […]

Chimney sweepers at the Hungarian President

New Year Wishes

Jan 3, 2020

Chimney sweepers wished a lucky and happy New Year to President János Áder and, through him, to all Hungarians on Friday in the Office of the President of the Republic. As in previous years, the head of state received two Budapest chimney sweep masters, Zsolt Nagy and Péter Király, on the terrace of the Sándor […]

Free ice rink at the Budapest Municipality

Budapest Municipality Opens Free Ice Rink

Dec 19, 2019

Where there was a parking lot, there will now be skaters. A new ice rink opened to the public in the parking lot of the Budapest Municipality the Thursday. The free ice rink is situated in the inner courtyard of the Mayor's Office, replacing the former parking lot. The solemn opening was held Thursday afternoon […]


October, the Strongest Month in Budapest Tourism

Dec 14, 2019

October was the fastest growing month of 2019 in terms of guest arrivals and guest nights in Budapest, an analysis by the Budapest Festival and Tourism Center (BFTK) notes. Sales of commercial accommodation in Budapest were close to HUF 25 billion. For the first time in a long time, not only lodging revenues have increased […]

INA Refinery in Rijeka, Croatia

Rijeka Refinery Residue Upgrade Project

Dec 13, 2019

The Hungarian oil and gas company MOL Plc. has notified the market on the website of the Budapest Stock Exchange that the Supervisory Board of its Croatian subsidiary, INA granted its prior agreement this Friday for the Rijeka Refinery Residue Upgrade project and the INA Management Board unanimously approved the investment. The decision was supported […]

Hungary's Tímea Babos in WTA's Doubles Team of the Year

Dec 11, 2019

The Women's Tennis Association (WTA) has announced the Player Award Winners for 2019 and the recipients include Hungary's top female player, Tímea Babos who shares the Doubles Team of the Year title with France's Kristina Mladenovic. Their achievements this year included claiming back-to-back titles at the TEB BNP Paribas Istanbul Cup, followed by their second […]

3,4% - the latest Hungarian Inflation Figure

Dec 10, 2019

Consumer prices were 3.4% higher on average in November 2019 than a year earlier. Significant price rises were measured over the past year for alcoholic beverages and tobacco as well as food, the country's Central Statistical Office reports. Food prices went up by 5.5% (including a 14.8% rise for pork prices), the price of other […]

Magyar Telekom headquarters in Budapest

Magyar Telekom Revises Management Structure

Dec 7, 2019

Magyar Telekom, the leading Hungarian telecommunications service provider has announced that the its Board of Directors resolved to streamline its management structure by re-allocating the tasks and responsibilities of the Management Committee to the Chief Officers and to the Board of Directors of the Company with effect from January 1, 2020. Additionally, the Board of […]


Hungarians' Favorite Travel Destinations

Dec 7, 2019

The Hungarian air ticket portal conducted a survey among the Hungarian public this fall, as to what destinations Hungarians would prefer to travel to. This is the fourth time this survey has asked tens of thousands of internet users: “If you could travel anywhere in the world, what place would you choose? Based on […]

4G Networks Dominant at Hungarian Service Providers

Dec 6, 2019

The importance of 4G networks continued to grow in the second quarter of 2019 with over 95% of mobile Internet traffic and 17% of domestic call traffic already on 4G , showing an increase of 1.4 percentage points and 5 percentage points, respectively, compared to the end of 2018, says the latest mobile market report […]

Governor of the Bank of Korea, Juyeol Lee, and MNB President György Matolcsy

Korean Delegation Visits Central Bank

Dec 5, 2019

On the occasion of the 30th anniversary of the establishment of diplomatic relations between the Republic of Korea and Hungary, Hungarian central bank (MNB) President György Matolcsy has received a delegation headed by his South Korean counterpart. A joint discussion was conducted about cooperation between the two institutions. No visit has been paid by representatives […]

János Horváth

Former Hungarian MP Remembered in Parliament

Dec 3, 2019

Members of Hungarian Parliament have held a minute of silence to remember former MP János Horváth who died in Budapest last week in his 99th year of age. János Horváth was a member of the National Assembly between 1945 and 1947, and from 1998 to 2014. From 2003 to 2014, he was the oldest Speaker […]

International Investment Bank Sees Massive Rise in Loans

Nov 26, 2019

Russia’s International Investment Bank, which relocated its headquarters to Budapest in April, expects its loan portfolio to exceed EUR 1 billion by the end of the year, executives of the bank said at a press conference. The bank’s loan portfolio expanded by 11% in the six months since moving to Hungary and the value of […]

Convertiplane over Budapest

Convertiplane Demonstration Flight over Budapest

Oct 29, 2019

On the fifth day of a joint operation of Hungarian and US special military units, a CV-22B Osprey type convertiplane of the US Air Force conducted a demonstration flight above the Hungarian capital this Tuesday. The Bell Boeing V-22 Osprey is a multi-mission, military aircraft capable of both vertical takeoff and landing. It is designed […]

Flower planting commemorates the child victims of the Holocaust

Remembering the Child Victims of the Holocaust

Oct 24, 2019

Children planted crocus bulbs in front of the Dohány Street Synagogue in Budapest this Thursday. At the end of October, hundreds of thousands of students from 12 countries are planting flowers to commemorate the one and a half million children murdered in the Holocaust. The Hungarian program has begun with flower planting under the motto […]

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