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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
New route extends Air Canada Rouge's summer expansion in Central Europe. The arrival of the first flight AC1910 from Toronto -Pearson at Budapest Ferenc Liszt International Airport further extends Air...
Newly appointed Mongolian Ambassador to Hungary Zeneemyadar Batbayar presented his credentials to Hungarian President János Áder. Following the ceremony, the sides shared their views on the upgrade of...