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Városliget, the state-owned company in charge of transforming Budapest’s City Park into a museums quarter, said the project is moving forward as planned, adding that building permits have been issued for all project elements.
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Home prices in Hungary were up by 14% year-on-year in the second quarter, the fastest increase in the EU, according to Eurostat data.
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The former Műcsarnok art gallery will reopen as the Millennium House following renovations on October 26, Magyar Nemzet reports.
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A parcel of land in Debrecen, in eastern Hungary, on which BMW will build a 1 billion euro plant was handed over to the German carmaker.
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State railway company MÁV has invited bids for the restoration of the roof and the metal-glass structure of the Nyugati train station in Budapest.
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The average price of newly built homes in Budapest reached Ft 900,000/m2 in the second quarter, the Budapest Housing Report calculated based on a database of 24,000 homes in large housing projects in the capital.
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