News
Jul 31, 2017
5 reasons to become a Malta resident by late 2017
Malta is an EU member and a country that offers its tax residents a number of significant advantages, so gaining residency in Malta is a very popular thing to do. Let’s take a look at why people often...
Jul 31, 2017
Changes to the Malta Residence & Visa Programme in July 2017
To better serve investors taking part in the Malta Residence & Visa Programme (MRVP) and to examine applicants’ backgrounds more professionally, the Maltese government has made the decision to create ...
Jul 29, 2016
Daimler to invest $1.1bn in it’s second Hungarian plant
Daimler AG said it would build a new factory in Hungary to make Mercedes-Benz cars, giving a major boost to the local economy and raising the competitive pressure on the luxury automaker's established...
Jul 26, 2016
Budapest is a promising market for property investors
Despite the plunge in London house prices since the Brexit referendum and the 15 per cent devaluation of the pound sterling, the UK capital remains a very expensive place to buy a home. But there are...
Jul 22, 2016
Szentkirályi Mineral Water founder looks for acquisition targets in region
Mineral water magnate Levente Balogh, the founder of leading Hungarian brand Szentkirályi, aims to expand his business through acquisitions in the region, in alliance with Italy’s Pasquale family, bus...
Jul 19, 2016
Share of forex debt falls below 30 percent in Hungary
In the month of June 2016, the share of forex debt within the total volume of state debt was down by 5 percent year-on-year. Positive fiscal processes have also been recognized in the latest analysis...
Jul 16, 2016
China, Hungary eye faster progress in railway project with Serbia
Chinese Foreign Minister Wang Yi called for speeding up the Hungary-Serbia railway project and deepening cooperation in various fields, while meeting in the Mongolian capital with his Hungarian counte...
Jul 13, 2016
Emirates flight to Budapest is all business travel should be
The flight to Europe’s sixth-largest city was business travel as it ought to be – on time, comfortable and efficient, with plenty of room to work and relax- according to Peter Cooper, who travelled fr...
Jul 10, 2016
Hungarian film wins main prize at Karlovy Vary film festival
The 50th Karlovy Vary International Film Festival closed with an awards ceremony on Saturday night. The Crystal Globe for best film went to the Hungarian film It's Not the Time of My Life, shot by the...
Jul 07, 2016
Hungarian Investment Promotion Agency assists €1.33 bn investment
In the first half of the year the Hungarian Investment Promotion Agency (HIPA) was involved in the launch of 38 investments in Hungary, with a combined value of €1.33 bn, state secretary Levente Magya...
Jul 04, 2016
How to spend a perfect day in Budapest
The largest city and capital of Hungary, Budapest is among the most scenic and stunning places I have seen. You can find tons to explore in Budapest, which is fitting for a place rich in history — fro...
Jun 30, 2016
The Malta Tourism Authority increases its marketing efforts in Hungary
As part of its ongoing efforts to achieve further growth and greater diversification, the Malta Tourism Authority (MTA) has intensified its presence in Eastern Europe and is already registering positi...
Jun 27, 2016
Hungary’s Eximbank to open credit line for Azerbaijan’s PASHA Bank
Hungarian Export-Import Bank Plc (Eximbank) plans to open a credit line for Azerbaijan’s PASHA Bank OJSC in the amount of $5 million, which will contribute to further development of cooperation betwee...
Jun 23, 2016
Hungary seals banking peace deal
The Hungarian Government has finally signed off on a deal to buy a 15% stake in the local unit of Erste Group, with the European Bank for Reconstruction and Development (EBRD) buying another 15%.The a...
Jun 20, 2016
The booming real estate market in Budapest
KGAL has purchased the Eiffel Square Office Building in Budapest, adding a prime asset in Hungary to its property portfolio. The purchase of the building from UK fund manager Europa Capital signals co...