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Covid-19 Crisis: Very Low Reserves at Firms in Budapest

May 18, 2020

Enterprises in the Hungarian capital calculate with at least another four months of crisis period, according to a research prepared by the Budapest Chamber of Commerce and Industry. However, 60% of them have no more than three months of reserves. BKIK conducted this research among 3,440 businesses to examine the economic impact of the coronavirus […]

Pedestrians and bikers on the lower embankment of the River Danube in downtown Budapest

Pandemic Restrictions Eased in Budapest, Too

May 16, 2020

As of midnight this Sunday, most of the restrictions introduced due to the coronavirus pandemic will be lifted in the Hungarian capital. The Minister in charge of the Prime Minister's Office, Gergely Gulyás stated that “although the movement restrictions will be lifted in Budapest on Monday, keeping a safe, 1.5 meters distance will remain obligatory.” […]

BKIK Calls for EU Support for Budapest Firms

May 8, 2020

Based on the feedback from the Budapest companies, Elek Nagy, the President of the Budapest Chamber of Commerce and Industry, sent a letter asking the government to make the GINOP - 1.2.8-20 EU fund application currently under social negotiation available to Budapest companies within the framework of the Competitive Central Hungary Operational Program (VEKOP). The […]

The Budapest Millennium Underground_Chrsito_wikimediaBudapest Millennium Underground

Budapest Underground Named as IEEE Milestone

Apr 23, 2020

The world’s largest technical professional organization dedicated to advancing technology for the benefit of humanity, the Institute of Electrical and Electronics Engineers (IEEE) has named the Budapest Millennium Underground line as one of the technical milestones of the world. Built between 1894 to 1896, the Millennium Underground Railway was the first underground line on the […]

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 […]

Twin City Liner catamaran in Budapest

Vienna-Budapest Test Cruise

Nov 25, 2019

A modern fast catamaran – with 160 paying customers on board – was in Budapest this past week-end for a sight-seeing trip connecting the Austrian and Hungarian capitals on the Danube. After a successful trial, at least three similar trips will be organized next year. The Twin City Liner has been traveling between Vienna and […]

Budapest mayor-elect Gergely Karácsony and representatives of Hungarian opposition parties

Hungarian Opposition Makes Headway in Municipal Elections

Oct 14, 2019

Scoring its biggest victory in a decade, Hungarian opposition parties conquered the capital Budapest in municipal elections held on Sunday as their candidate, 44-year-old Gergely Karácsony ousted incumbent István Tarlós, backed by the ruling Fidesz party. In addition to snatching the mayoral post from Fidesz, opposition forces - which supported a joint candidate in a […]

Budapest view with Chain Bridge and Parliament | Botond Horvath/European Best Destinations

Budapest voted as top European destination

Feb 11, 2019

With a total of 62,128 of the more than half a million of votes cast, the Hungarian capital has been chosen as the top travel destination in Europe as published on the website of Best European Destinations that organized the voting.

| Dávid Harangozó

Ljubljana Square inaugurated in Budapest

Jul 25, 2017

As of this Tuesday, an area in Budapest's 11th district is called Ljubljana Square. The inauguration ceremony was attended by the Mayor of Budapest, István Tarlós; Slovenian Ambassador Ksenija ©krilec and the Mayor of Ljubljana, Zoran Jankoviæ.

Multimedia fountain on Budapest's Margaret Island | Zoltán Balogh /MTI

Multimedia fountain on Margaret Island

Jun 30, 2017

A multimedia fountain and Budapest's first 'light garden' were inaugurated on Margaret Isalnd on the river Danube this Friday. The municipal council voted earlier this month to enhance the light and water show elements of the musical fountain.

Budapest | Sándor Laczkó

Record number of tourists in Budapest

Apr 28, 2017

The number of tourists coming to Hungary has been growing in the past decades, due to affordable accommodation possibilities, low-cost flights, and the many tourist attractions. Budapest remains the leading destination.

Hungarian PM Viktor Orbán (on the left) told IOC President Thomas Bach last August that Budapest was the best candidate for the 2024 Summer Games | Tibor Illyés /

Hungary withdraws Budapest 2024 Olympic bid

Feb 22, 2017

The Hungarian government suggests that the Budapest City Council and the Hungarian Olympic Committee withdraw from the bid to host the 2024 Summer Games. Over quarter of a million signatures were collected to force a referendum on the issue.

Sightseeing bus in the Hungarian capital | source:

Sightseeing monopoly in the making

Jul 26, 2016

The Budapest city council has invited tenders to operate "hop-on, hop-off" sightseeing buses in the city, the Hungarian news agency MTI reported. The concession is for 20 years and guarantees a monopoly on a market worth 1.5 billion annually.

The reneweed Széll Kálmán Square in Budapest | István Ruzsa / MTI

Major square renovated in Budapest

May 12, 2016

Busy Széll Kálmán Square has been renovated in the framework of a HUF 5.3 billion project. Online and print media reports suggest many of the project elements were extremely overpriced - something denied by the Center for Budapest Transport.

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