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Fast payment from July in Hungary

Fast payment from July in Hungary

The most significant development of banking system over the past 15 years is ongoing, general fast payment for online bank trasnfer to introduce on 1 Jul - said the Hungarian National Bank. Beneficiary will receive money in four hours without anyextra charge in Hungary when transfer has made online. The system is currently under testing period at full capacity and ready to start on time.

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Varian Medical Systems to open regional centre in Budapest

Varian Medical Systems to open regional centre in Budapest

The radiotherapy equipment and software manufacturer and distributor, Varian Medical Systems, to open a new branch in Budapest.

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Summer brings single taxi fare in Budapest

Summer brings single taxi fares in Budapest

The taxi association beleives the new Budapest taxi regulation in action from summer. Interest defenders want to clean the market with single which would be the same for both ordering by phone call and street call. In addition, the image of Budapest taxis can be also uninformed like in other European cities.

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Bocuse d'Or Europe 2012 - Tamás Széll in the top 12

Bocuse d'Or Europe 2012 - Tamás Széll in the top 12

Hungarian success in Brussels - Tamás Széll in the participants of Bocuse d'Or Lyon 2013

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Ministry, union in agreement on doctors' pay rise

Ministry, union in agreement on doctors' pay rise

A physician's starting salary is EUR1400 in Slovakia, EUR3,800 in Germany, close o EUR6,000 in Denmark. On Tuesday announnced nearly 50% wage increase to EUR700 (roughly. gross HUF200,000) for Hungarian young residents. This wage should be so attractive to the young Hungarian physicians to stay in Hungary.

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Bank of China to open the second branch in Budapest

Bank of China to open the second branch in Budapest

Bank of China has opened the second branch in Budapest to expand in the Central European region.

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Buddha-Bar Hotel Budapest

Buddha-Bar Hotel Budapest

Grand opening of Buddha-Bar Hotel postponed with a month - compared to original plan - and the new five-star hotel to open in mid-April.

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Nimród Antal helming Metallica 3D Film

Nimród Antal helming Metallica 3D Film

Metallica had announced that they intended to develop a 3D feature film with producer Charlotte Huggins, and this week they named Nimród Antal as the film director.

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Hungary turns to China and India

Hungary turns to China and India

The government expects breakthrough in China-Hungary relations. Viktor Orbán is visiting China to sign the first contracts about Hungarian companies' investments in China financing through EUR1 billion credit. India's Ambassador in Hungary, however, pointed out three or four major conventions can be signed during Viktor Orbán's upcoming visit to India.

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Antonio Banderas is working in Astra Film Studio

Antonio Banderas is working in Astra Film Studio

Antonio Banderas arrived in Budapest on Sunday afternoon. The Spanish actor is shooting an Italian commercial film in Astra Film Studio, Mogyoród.

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Tesco Mobile to start in March

Tesco Mobile to start in March

1 March to buy Tesco's virtual mobile operator devices and service with prefix dialing number of 06 31. The Vodafone and Tesco's joint venture offers dual SIM card phone as well as inexpensive smart phone in prepaid packages at uniform tariffs.

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BBC Good Food Magazine - The Hungarian Edition

BBC Good Food Magazine - The Hungarian Edition

The world's largest gastronomy magazine, BBC Good Food, to be launched in Hungarian. Focus on Easter in the first issue.

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Reconstruction of Kossuth tér - Parliament

Reconstruction of Kossuth tér - Parliament

Underground garage and Visitor Centre to be built in the Northern part of Kossuth tér at the Hungarian Parliament. Companies witht national security classification can be participated only in the reconstruction of the square where original conditions prior to 1944 to be restored.

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Sting: Back to Bass tour in Budapest 2012

Sting: Back to Bass tour in Budapest 2012

The singer will perform in Budapest this year again after 2010 and 2011, but at this time - in contrast to the last two concerts - Sting will be accompanied by his rock band.

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Gluttonous Thursday in 2012

Gluttonous Thursday in 2012

The criterias of Gluttonous Thursday have not changed compared to previous years. All the restaurants can join the campaign, where are happy to give 50% off from the bill on 23 February - full time during their opening hours - for 'a la carte' menu and drink with cash or credit card payment options.

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Hungary's doctor shortage

Hungary's doctor shortage

The fact that newly graduated 1000 physicians faced 1200 doctors who left Hungary last year: a hundred of doctors a month leaving from Hungary to seek work elsewhere in the EU. The exodus assumed such proportions as if Hungary had no freshly graduated doctor. Real crisis in health care can occur, studies show.

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Hungary's GDP - It is a game of two-halves

Hungary's GDP - It is a game of two-halves

The Slovak, Czech, Polish economy have been growing faster than the Hungarain for a decade but Hungary stopped falling behind from the EU average (began in 2007) last year.

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Diana Krall comes to Budapest

Diana Krall comes to Budapest

The world's No.1 woman jazz singer and pianist returns to Budapest on 13 November at the Sportaréna.

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Nokia to lay off 2300 employees in Komárom

Nokia to lay off 2300 employees in Komárom

Nokia has decided to dismiss 2,300 employees in Komárom due to changes in mobile industry rather than cost efficiency - said Niklas Savander, Executive Vice President of the Markets unit of Nokia Corporation today. The Hungarian government was notified yesterday about the final decision, although references has been made in recent days.

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BOOKING.COM opens a new office in Budapest

BOOKING.COM opens a new office in Budapest

The international hotel booking website, BOOKING.COM, is to open a new office. The Hungarian sister company was founded three months ago. Their plan is supported by HR policy: they are currently looking for new employees in classified job ads.

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20th VOLT Festival in Sopron 2012

20th VOLT Festival in Sopron 2012

How can a festival be more and more successful for two decades and so lovely and still human scale with a hundred thousand of fans? The answer will be given in the end of June on the 20th VOLT Festival in Sopron. Here we go again!

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Huawei's Europe Supply Centre in Pécs

Huawei's Europe Supply Centre in Pécs

The plant has been operating since December, but the protocol event taken place today. Increasing employment is still only a promise.

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Spanish interest in Malév?

Spanish interest in Malév?

The Spanish Iberia's low-cost sister compnay, Vueling, is waiting for the Board' decision to get into Malév.

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Sberbank enters into Hungary

Sberbank enters into Hungary

Sberbank can help the Russian companies' access to bank loans, expansion and realisation of Russian economic goals. The largest Russian bank enters into Hungary through acquisition of Volksbanken International AG.

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VAT free Silver by Conclude

VAT free Silver by Conclude

First opportunity on the Hungarian investment market: VAT-Free Silver to buy and sell.

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Berlinale 2012 Shorts Special with Béla Tarr

Berlinale 2012 Shorts Special with Béla Tarr.

Due to the political events in Hungary, the Berlinale Shorts is presenting a special screening on February 18, 2012 at the Haus der Berliner Festspiele: Magyarország 2011 (Hungary 2011)

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OECD is also examining the Hungarian economic policy

OECD is also examining the Hungarian economic policy

Both the government and the Organisation for Economic Co-operation and Development (OECD) want to strengthen financial stabilisation, predictability, debt reduction, economic growth and improve employment and and effectivness of health care, the effectiveness as priorities in Hungary - said Zoltán Cséfalvay on Tuesday, State Secratery of National Economy Ministry for Economy Strategy concerning with the upcoming report on the country, at the international organisation's headquarter in Paris.

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Indian expansion in Hungary

Indian expansion in Hungary

In recent years, Indian companies have invested $1.3 billion in Hungary and employ 8,000 people. About 220 Indian companies are in business, and Tata Consultancy Services is by far the largest of them.

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Let's go Hungary, Let's go Hungarians!

Let's go Hungary, Let's go Hungarians!

From hot air to tragic ending - Diplomatic fiasco has turned into political liability. Hungary is now out of air.

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Mercedes-Benz in Kecskemét to start producing from March

Mercedes-Benz in Kecskemét to start producing from March

Mercedes-Benz Manufacturing in Kecskemét can significantly drive this year's industrial production data, as well as exports in Hungary. The plant is scheduled to start series production in accordance with project plan. So all the conditions are given to roll off first cars for sale from the assembly line in the first quarter of 2012.

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Getting an Energy Performance Certificate for Hungarian Property

Getting an Energy Performance Certificate for Hungarian Property

From 1 January 2012 it is law to provide an Energy Performance Certificate (EPC) for all homes for sale and to let in Hungary. This must form part of every Homebuyers, Landlords, and Tenants information pack.

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SEPA Payment Schemes in Hungary

SEPA Payment Schemes in Hungary

The main objective of Hungarian SEPA Association is to support the development and implementation of SEPA payment schemes in Hungary.

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EuroGames 2012 Budapest

EuroGames 2012 Budapest

Hungary will be the host country of one of the biggest sporting event in its history. First Gay Games in Central Europe. EuroGames from 27 June to 1 July Budapest in 2012.

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Six new public charging stations for electric cars

Six new public charging stations for electric cars

During a low-key ceremony just over a week ago, six new public high-voltage charging stations for electric vehicles were inaugurated in Budapest.

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Memorial statue of Steve Jobs in Graphisoft Park Budapest

Memorial statue of Steve Jobs in Graphisoft Park Budapest

A bronze statue of the late Apple co-founder Steve Jobs has been unveiled in a Budapest science park.

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Hard Rock Cafe Budapest Now Open

Hard Rock Cafe Budapest Now Open

It drives crowds crazy in London, shocking people in Paris and charming fans in New York - now Hard Rock Cafe debuts in Budapest.

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So the first snow has arrived in Hungary

Will it be a white Christmas?

Snowing in the hills: the snow has arrived on the country's high-altitude points. Will it be a white Christmas?

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Tax trends for 2012 in Hungary

Tax trends for 2012 in Hungary

Thanks to the fact that all Hungarian tax rates will raise in 2012 except car registration tax, Hungarian average tax burden will grow in the next year.

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Budapest property dilemma in 2012 - To sell or not to sell

To sell, or not to sell: that is the question.

General phenomenon that foreigners sell rather than buy in Budapest. To sell, or not to sell: that is the question.

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Tokaj Wine Region - Waiting for white smoke

Tokaj Wine Region - Waiting for white smoke

Probably a rare example of a nice compromise in Central Europe - at least in terms of national symbols - could have been achieved under the only one cross-border wine region in the European Union, Tokaj.

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The legendary Hungarian puppeteer Henrik Kemény has died at the age of 87

The legendary Hungarian puppeteer Henrik Kemény has died at the age of 87

Demons can come, ÁVH can destroy your puppet theater or it can burn up as it burns down by human evil, but you'll eventually win as long as a pancake pan exists in the world. As usual, we look forward to your encouragement and support from the Heaven too: Hajrá pajtikák/Go for it buddy! - János Novák's tearful farewell to his friend.

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Iberostar - The Grand Collection in Budapest

Iberostar - The Grand Collection in Budapest

Budapest's new five star hotel recently opened - The Iberostar Grand Hotel on 26 October 6. utca in Szabadság tér, district 5. Also, Spanish owner plans to invest in district 13 in near future.

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Budapest Ice Rink Opening by Christmas - 20-month restoration ends

Budapest Ice Rink opening by Christmas

After repeated postponement of opening Ice Rink in City Park, it is expected to be ready by Christmas. Although, maybe things would work out better, Budapest Ice Rink can be opened even a few weeks before. The city is currantly in negotiations with general contractor that went bankrupt in the meantime.

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Royal Garden Pavilion - Restoration

Royal Garden Pavilion Budapest

Governement still keen on restoration of Royal Garden Pavilion to start from Fall 2012.

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Oman invests in Budapest

Oman invests in Budapest

State General Reserve Fund, an Oman sovereign wealth fund, has completed the acquisition of the Four Seasons Gresham Palace Hotel in Budapest.

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A38 Concert Ship & Restaurant

a38 ship in Budapest

The unique cultural centre and ship-restaurant on the Danube at the Buda side of Petőfi Bridge.

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Rácz Hotel & Thermal Spa Budapest

Rácz Hotel & Thermal Spa Budapest opening in 2012

An elegant new hotel with a stunning contemparary design is opening in district 1, Buda, from early of 2012. Must see!

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METRO4 - The nevernding story

Metro4 - The neverending story

METRO4 under construction since 2006. New metro line would be opened by early of 2014 latest said Mayor of Budapest.

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Christmas Market Budapest 2011

Christmas Market Budapest 2011

Visit Budapest in Winter time and enjoy lovely Christmas Market in Vörösmarty Tér. Opens from second half of November.

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e-cegjegyzek.hu - Company details online

e-cegjegyzek.hu Company details online

Easy to access company details online in Hungary. If you want to know more about your business partner you can find out at www.e-cegjegyzek.hu.

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BOSCH launches HUF6 billion investment

Bosch launches HUF6 billion investment in Budapest

Auto parts maker Robert Bosch laid the foundation stone of a HUF6 billion development centre in Budapest. The first phase of construction of the 32,000m2 centre will be completed in the first part of 2013, and the project will be finished in 2014, creating 1,000 jobs.

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