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Budapest

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Berlin mural at Akácfa utca in Budapest

Berlin Mural in Budapest

D&T
Oct 29, 2020

A mural evoking Berlin has been painted in German-Hungarian cooperation on a firewall in downtown Budapest to mark the 30th anniversary of the reunification of Germany. The mural at Akácfa Street 27 in District 7 depicts three figures at the Berlin Wall in clothes painted with the colors of the German national flag by the […]

Falling House Prices in Budapest

D&T
Oct 28, 2020

House prices fell by 5.6% in the second quarter of the Hungarian capital. Consequently, prices fell by some 2.5% compared to a year earlier, the National Bank of Hungary (MNB) reports. According to the latest MNB house price index data, house prices in Budapest declined year on year in nominal terms, which has been unprecedented […]

Exhibition Presents History of Boating in Budapest

D&T
Sep 27, 2020

The most interesting moments of the last two hundred years of shipping in the capital are presented at the new, 'Budapest on the Danube. Pictures from the 200 years of shipping in Budapest' exhibition at the Hungarian Museum of Science, Technology and Transport. In the summer of 1820, Carolina, the first steamer suitable for passenger […]

Qatar Airways: a Bayern Munich Fan in Super Cup Final

D&T
Sep 24, 2020

This Thursday evening, the Hungarian capital hosts the 2020 soccer European Super Cup final between Champions League winner Bayern Munich of Germany and the winner of the European League, FC Seville from Spain. Qatar Airways is a Platinum Sponsor of the now six-time European champions (third in the overall rankings behind Real Madrid' s 13 and […]

Budapest_Szentendre bicycle path

Budapest-Szentendre Bicycle Path Completed

D&T
Sep 19, 2020

With a 5,6-kilometer section inaugurated, the bicycle path has been completed between Budapest and Szentendre, a town of historical architecture and popular tourist destination north of the capital. Most of the section, 3,380 meters are new cycle path, 1230 meters were repaired and the existing cycle path was upgraded. In addition, a bicycle bridge and […]

Skanska Launches New Budapest Landmark Project

D&T
Aug 7, 2020

Skanska, one of the leading development and construction companies in Europe. invests about EUR 65 M in the first phase of the new office complex H2Offices located in the Hungarian capital. The project will offer a total leasable area of about 26 000 square meters. Designed to obtain WELL and LEED certifications, the project stands […]

Nyugati railway station under renovation in Budapest

Reconstruction Work at Nyugati Railway station

D&T
Aug 6, 2020

Due to the technical condition of the 143-year-old Nyugati Railway Station and the preservation of its monumental value, as well as its prominent role in railway traffic, the reconstruction of the roof structure of the building complex as soon as possible became urgent. MÁV Hungarian Railways says that in order to carry out the work […]

Budapest Hungária Boulevard

Stagnating House Prices in Budapest

D&T
Aug 2, 2020

According to the latest house price index data by the National Bank of Hungary (MNB), house prices grew by 8.3% in Budapest in the period between 2019 Q1 and 2020 Q1. House prices were unchanged in Budapest quarter on quarter. As a result, this was the second consecutive quarter when house prices did not rise […]

Budapest-Wroclaw Flight Announced

D&T
Jul 31, 2020

Shortly after the resumption of the Budapest-Seoul flight, LOT announced this Friday that from the end of August, it will connect Budapest with a new destination, the city of Wroclaw. The new flight is part of the Polish airline's building a base in Hungary, and in addition to offering a direct flight to a pleasant […]

Budapest to Launch City Diplomacy Academy

D&T
Jul 28, 2020

The leadership of the Hungarian capital will launch a city diplomacy academy this fall, Mayor Gergely Karácsony has announced. The mayor says the academy will provide a supply of city diplomats by introducing university students and recent graduates to international and city diplomacy, the Hungarian news agency MTI reports. The head of the academy will […]

Synagogues Closed for Two Weeks in Budapest

D&T
Jul 28, 2020

The Federation of Hungarian Jewish Communities (Mazsihisz) and the Budapest Jewish Community (BZSH) have closed down the synagogues in Budapest for two weeks and impose a ban on visiting Mazsihisz's Budapest hospital and BZSH nursing home. The Mazsihisz website writes that the leadership of Mazsihisz learned on Sunday that a relative of one of the […]

Runners at Heroes Square

K&H Move! Running Race in Budapest - in Pandemic Format

D&T
Jul 25, 2020

Due to the coronavirus epidemic, the 26th K&H Mozdulj! ('Move!') half marathon and running festival was held in an unusual format in the Hungarian capital this Saturday. Árpád Kocsis, managing director of the organizer Budapest Sports Office said there was a running race in the outskirts of the capital at the beginning of January, and […]

Budapest, the Most Affordable City to Do Business

D&T
Jul 17, 2020

Budapest has been named as the most affordable city to run a business in the world, according a study by utilitybidder.co.uk. There are a lot of expenses to consider when people are starting up their own business, whether it’s paying staff, finding the perfect office space, or even just keeping the lights on. "But how […]

German Pension Fund Buys Office Building in Budapest

D&T
Jun 17, 2020

GalCap Europe, the real estate asset and investment manager specializing in Austria and Central Europe, has acquired another asset in Budapest for a German pension fund’s portfolio: the Rumbach Center. Rumbach Center now expands the existing CEE portfolio within the investor's specialized fund structure, which is under the administration of 2IP Institutional Investment Partners. It […]

Budapest Public Transport to Go Back to Normal

D&T
Jun 14, 2020

With the easing of the coronavirus epidemic, the front part of the buses and trolleybuses in the Hungarian capital will no longer be cordoned off from Monday, June 15, 2020, thus allowing passengers to keep a greater distance from each other by making full use of the passenger compartments of vehicles. A statement by the […]

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