Watch: Renovation of Tokaj Planned 'On Historical Scale'

  • 21 Nov 2023 12:03 PM
  • Budapest Business Journal
Watch: Renovation of Tokaj Planned 'On Historical Scale'
The Hungarian government has adopted a plan to renovate the 950-year-old town of Tokaj (225 km northeast of Budapest) on a historical scale, according to a press release by the Hungarian Tourism Agency.

The aim of the investment is to provide a leisure environment for domestic and foreign visitors to Tokaj that is worthy of its World Heritage status. 

The renovations will revitalize Tokaj's iconic downtown buildings, such as the historic Town Hall, the District Office, the Golden Eagle Inn and the ZÁKÓ House. 

New parks, cafés and restaurants will open, turning the city center into a jewel box. 

Work will start at the end of November with the demolition of the Tokaj department store building, which has been distorting the unified, historic facades in the heart of the old town for decades. 

The development could make Tokaj one of the most popular tourist destinations in the country, increase Tokaj's tourism revenue and create additional job opportunities for local residents.

Photo: The town of Tokaj at the confluence of the Bodrog and Tisza rivers in Borsod-Abaúj-Zemplén County.

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Budapest Business Journal

Hungary's largest and oldest source of business and financial news in English. Since 1992 it has presented essential information on Hungarian business life, including international analyses about the country. These days the BBJ newspaper is published every other week, while it releases daily business news online including premium paid content.

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