• Construction Sector Output Up 14% In April

    Construction Sector Output Up 14% In April

    • 18 Jun 2018 7:41 AM

    Output of Hungary’s construction sector climbed by an annual 14.2% in April, data released by the Central Statistical Office (KSH) on Friday show. Output of the building segment rose 7.0% and civil engineering output climbed 24.9%. For the period January-April, construction sector output was up 17.5% year-on-year.

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  • Budapest City Park Underground Garages On Way

    Budapest City Park Underground Garages On Way

    • 15 Jun 2018 9:51 AM

    The construction of underground garages near City Park has begun, CEO Benedek Gyorgyevics of project company Városliget told Inforádió on Thursday. “The goal is to shape as much green area as possible in the neighbourhood,” he added.

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  • 40% Live In 'Overcrowded Homes' In Hungary

    40% Live In 'Overcrowded Homes' In Hungary

    • 14 Jun 2018 9:17 AM

    An estimated 40.4% of Hungarians live in overcrowded homes, according to recent figures from Eurostat. This is the sixth largest percentage in the EU and around two and a half times the European average.

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  • Budapest Among Cheapest Cities To Relocate, Study Finds

    Budapest Among Cheapest Cities To Relocate, Study Finds

    • 14 Jun 2018 7:34 AM

    Living costs for new arrivals spending their first month in Budapest amount to EUR 742.85 on average, placing the Hungarian capital in 77th place among 80 cities in the world featured in a study by furnished apartment search engine Nestpick.

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  • Kőbánya Station Revamp Delayed

    Kőbánya Station Revamp Delayed

    • 12 Jun 2018 11:54 AM

    State railway company MÁV has announced a new tender for the renovation of Kőbánya-Kispest railway station in Budapest, it told HVG on June 8.

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  • Celanese Moves To Promenade Gardens, Citibank To Follow

    Celanese Moves To Promenade Gardens, Citibank To Follow

    • 12 Jun 2018 9:07 AM

    Celanese Corporation has become the first tenant of the Erste Open-Ended Real Estate Fund’s recently completed Promenade Gardens office building, with Citibank Europe due to set up its 8,000 sqm office in the building, developed by Horizon Development, from December 1.

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