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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”

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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

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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

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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