News in Brief EU funds to help build motorway connecting Hungary and Slovakia Sep 12, 2019 The 60km M30 motorway investment will allow traffic to move faster, improve road safety and reduce congestion.
News in Brief Budapest-Belgrade railway line about to begin construction Jun 07, 2019 Mihály Varga, Minister of Finance, said in a statement on Thursday that the Hungarian state is financing 85 percent of the investment using a Chinese loan while the remaining 15 percent will come from its own resources.
News in Brief Infamous Nyugati overpass to be demolished May 22, 2019 Demolishing the overpass on Nyugati Square (next to Nyugati Railway Station) has been on the capital’s schedule for a long time.
News in Brief Premium car sharing service kicks off in Budapest in April Apr 12, 2019 From the end of April, city dwellers can “borrow” premium BMW or MINI models by using an app at any time
News in Brief FM: V4 to jointly build a high-speed railway connecting Budapest, Bratislava, Brno and Warsaw Oct 02, 2018 The new two-track line would be suitable for trains up to a speed of 250 km/h. The trains will only stop in the three capital cities and Brno
News in Brief Budapest’s 5th district bans Segways, e-scooters, electric bikes and other electronic transport devices, as well as “beer bikes” from pedestrian zones May 30, 2018 The ban will come into effect in mid-June and will cover pedestrian zones owned by the council
News in Brief Budapest Mayor reveals there will be wheelchair accessibility on Budapest’s M3 metro line Feb 07, 2018 The M3 line, which is currently being refurbished, will use “cabin structures” fitted onto escalators in the metro stations where the use of elevators is not an option
News in Brief Hungary and Romania agree on new gas partnership Feb 06, 2018 “This is the first opportunity in the past few decades that Hungary can buy large volumes of gas from a non-Russian source,” Hungary's foreign minister said. He hailed the cooperation agreement as “historic progress towards Hungary’s energy security”
News in Brief New MOL Limo service will use 200 petrol and 100 electric cars to ferry members of the public around central Budapest Jan 26, 2018 MOL plans to double the number of Limo cars by 2020 and extend the service to the entire area of Budapest. Liszt Ferenc International Airport could be added to the system as early as 2019
News in Brief Hungary's FM: China's loan for Budapest-Belgrade railway upgrade is the "most favorable" in the absence of similar European funding Jan 12, 2018 Péter Szijjártó, minister of Foreign Affairs and Trade, said there was no competitive financing alternative available in Europe for infrastructural investment - the 18-year US dollar loan from China with annual interest rate of 2.5 percent was the best option
News in Brief Wizz Air to triple the size of its fleet and employees within 10 years Dec 04, 2017 CEO József Váradi said that the airline’s goal is to carry 100 million passengers a year, which will make it one of the biggest carriers in the world
News in Brief Budapest-Belgrade railway line takes shape as phase two gets underway Nov 28, 2017 The 350-kilometer railway will link Budapest with Belgrade. Trains will travel at over 200 kph and the journey time will be cut from 8 hours to just 2 and a half
News in Brief Wizz Air to purchase 146 new Airbus aircraft Nov 16, 2017 “The next-step technology aircraft will enable us to continue to lower our operating costs as we drive towards our goal of Wizz Air being the lowest fare and lowest unit cost airline in Europe,” said Wizz Air CEO József Váradi
News in Brief Hungary continues to build relations with Morocco as first direct flight to Agadir is launched Nov 03, 2017 WizzAir’s first direct flight to Agadir took off from Budapest on October 31st and will continue to facilitate a bridge between the two nations
News in Brief Hungary's Wizz Air announces it will expand its operations into the UK Oct 20, 2017 The airline has established a new company called Wizz Air UK (London Luton) and plans to begin UK-based operations in March 2018
News in Brief Ticket inspectors may be fitted with body cameras Oct 04, 2017 Conductors are often subjected to verbal insults and physical attacks during their work, 53 victims have been subjected to an attack this year
News in Brief Budapest Airport to receive 100 million euros from European Bank for Reconstruction and Development (EBRD) Jul 24, 2017 The operator of Liszt Ferenc International Airport will receive the funds as part of a 1.32 billion euro financial restructuring package
News in Brief Hungary to become involved in China's "One Belt, One Road" policy May 15, 2017 China is regarded as an important and comprehensive strategic partner, and new opportunities would be opening up in Hungarian-Chinese economic relations as a result
News in Brief Hungary purchases 40 new bi-electric trains Apr 13, 2017 Vehicle manufacturing is one of the flagship sectors of the Hungarian economy. Hungary has a long tradition in railway vehicle production and the government has adopted an action plan for developing the production of railway vehicles
News in Brief Hungary to build unrivaled test track for driver-less cars Mar 14, 2017 The Hungarian government is to build a test track for driver-less cars in Zalaegerszeg, western Hungary this year. The project will take 24 months to build
News in Brief Direct flights from Budapest to Kiev to launch in June Mar 13, 2017 Budapest’s Ferenc Liszt International Airport saw more than 10,000 passengers arriving indirectly from Ukraine, and the new flights will help service their needs. The new service will provide more than 2,500 seats to Kiev Boryspil weekly
News in Brief Hungarian government proposing change to transport regulations in wake of bus crash tragedy Feb 16, 2017 During Wednesday's Cabinet meeting it was decided that before finalizing changes to regulations, the government would consult as many people on the subject as possible by using an 'online consultation'
News in Brief New self-driving car technology hails from Hungary Nov 15, 2016 AImotive specializes in artificial intelligence software that will enable a car to understand and respond to the environment around it, including other cars and pedestrians
News in Brief Hungarian government responds to Uber exit Jul 13, 2016 The Hungarian government and Parliament have introduced several measures designed to help Uber “legalize” its activities, and guide the company toward operating within a legal framework