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Exciting spa services at the Danubius Thermal Hotel Margaret Island


We would like to take this opportunity to inform you of some of our exciting spa services here at the Danubius Thermal Hotel Margaret Island.
more sports news »

One in three child deaths in Europe caused by environment, says WHO


A study by the WHO identified injuries including road traffic accidents, lead intoxication, air pollution and poor water quality supply as the biggest child killers in Europe.
more  news »

EuroWeb International and Elender Business Communications Ltd. signed an agreement


The representatives of the shareholders of EuroWeb International and Elender Business Communications Ltd. signed an agreement on the transfer of 100% of Elender's shares on February 23, 2004.
more  news »

Hungary central bank leaves base rate on hold at 11.50%


In line with market expectations, the Monetary Council of Hungary’s central bank said it left its base rate unchanged at 11.50% at its bi-weekly meeting on Monday.
more business & finance news »

High Voltage! - Édász is squeezed over squeeze-out


Hungary’s regional electricity providers Édász, Dédász and Titász announced on Monday that they would invalidate all of their registered ordinary shares that were not offered for sale by shareholders to majority owner E.On while its public offer was valid (between 15 and 22 of June).
more business & finance news »

Four Seasons opens in Budapest


Budapest has a new five-star hotel. Toronto-based Four Seasons has opened the Gresham Palace, at one end of the Chain Bridge. The hotel is housed in the former headquarters of a British insurance company, built almost a century ago.
more  news »

Pepsi ties up with Axis


Pepsi Americas Inc.'s regional center in Budapest has signed an agreement with Axis Kft, the Hungarian distributor of Cognos business software solutions, according to which the latter will supply licenses for Pepsi's Czech, Polish and Slovakian subsidiaries as well as FÁÜ Rt, the Pepsi company in Hungary.
more business & finance news »

Walt Disney Internet comes to Budapest


Walt Disney Internet Group (WDIG) has opened a New Media Service Center in Budapest to serve the group's partners in Europe and other regions, WDIG spokesman Kim Kerscher said. The New Media Service Center will employ 30-40 people. Kerscher did not offer specifics on the set-up costs.
more  news »

Wizz takes to the skies in battle for Budapest


Just 15 months after Jozsef Varadi was sacked as head of Hungarian national airline Malev, his new fleet of pink and lilac Wizz Air planes will take on Malev at its home turf, Budapest airport.
more travel news »

Hungary's Pannonplast signs 3-year loan agreement


Hungarian industrial plastics group Pannonplast said on Monday it had signed a three-year loan agreement with a group of banks for 8.5 billion forints ($40.3 million) between 2006 and 2008.
more business & finance news »

Hungary's oldest lawyer wins 55-year-old appeal


Hungary's oldest working solicitor won an appeal on Monday against a verdict handed down in 1949 at a showcase Communist trial when his client, a Catholic priest, was jailed over his handling of church funds.
more current affairs news »

Transport group Waberer's plans IPO in Q3 2005, further growth


Hungarian transport and logistics group Waberer's Holding Logisztikai Rt plans to grow further with various acquisitions in the upcoming years, and to list on the Budapest Stock Exchange (BSE) in Q3-Q4 2005, chairman Gyorgy Waberer told reporters on Monday.
more business & finance news »

Denso wins EU award for sustainability


EU Environment Commissioner Margot Wallstrom yesterday presented the ‘Management Award for Sustainable Development’ award to Denso Hungary Kft. One hundred companies were in the running for this year's four gongs.
more  news »

Tobacco giant unrolls its distribution chain


Tobacco company Philip Morris Hungary Kft has decided to sell its tobacco products directly without any distributors from Jan. 2005. Philip Morris (PM) concluded contracts with 7 wholesale distributors back in Feb. 2002 but PM has decided to change this distribution model by the end of this year.
more business & finance news »

Minority art breaks out


SIX Hungarians writers and one artist received the Posonium Literary and Fine Arts Awards 2004 on June 16 for their contributions to the literature, art, and cultural heritage of the Hungarian minority living alongside the southern border of Slovakia.
more community & culture news »





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