Budapest

Increase in Cases of Stolen U.S. Passports on Cross-Border Train Trips from Vienna

There is an increasing number of thefts of passports and other important and valuable items during train journeys, especially between Vienna-Budapest and Vienna-Prague.

August 9, 2022

Erste Group Acquires 100% of Commerzbank Hungary

Erste Bank Hungary Zrt. is acquiring Commerzbank’s Hungarian corporate banking subsidiary Commerzbank Zrt. Through this purchase, Erste is strengthening its position in the corporate banking business in Hungary.

December 20, 2021

Budapest Office Property "BudaPart Gate" Acquired by S-Immo

S Immo AG has acquired the "BudaPart Gate" office building in Hungary's capital, Budapest. Read more about the transaction and BudaPart Gate.

November 15, 2021

Vienna Positions Itself in Its Target Markets with New International Relations Degree Program

The largest university of applied sciences in Austria, the FH Campus Wien offers the new part-time master program "International Relations and Urban Policy". Desired students are to come from Belgrade, Budapest, Krakow, Ljubljana, Prague, Sarajevo, Sofia, Zagreb and Bratislava.

November 10, 2021

Greenpeace: 80% of Austrian Short-haul EU Flights are Substitutable by Train

According to a Greenpeace report, 80 percent of Austria's short-haul flights can be replaced by rail travel. For 53 percent of all top-30 short-haul flights within the EU, there are direct overnight train connections, the report states.

October 27, 2021

Message to Viktor Orban: "We will not subject ourselves to the political whims of one man and his regime"

Central European University (CEU) deplores the proposed amendment to the Act on National Higher Education and believes the government has no intention of creating the conditions in which international institutions can operate freely in Hungary.

April 21, 2021

New York Architecture Firm to Design New Central European University Campus in Vienna

CEU has commissioned the U.S. architectural firm Kohn Pedersen Fox Associates (KPF) to renovate and develop those Otto Wagner-designed pavilions that will form the future CEU campus. KPF President James von Klemperer is an Austrian citizen. The final site of the Central European University at the Otto Wagner site is scheduled to open in 2025.

April 13, 2021

Hatice Gruber-Tschida Appointed New Managing Director of Österreich Institut

Hatice Gruber-Tschida, former Head of the Integration Centers Division of the Austrian Integration Fund (ÖIF), will be the new Managing Director of the Österreich Institut, which is responsible for language teaching in the area of international culture at 10 locations in Belgrade, Brno, Bratislava, Budapest, Krakow, Rome, Sarajevo, Moscow, Warsaw, and Wroclaw.

August 28, 2020

Central European University Decides in Favor of the Otto Wagner Site in Vienna

The CEU Executive Committee unanimously voted in favour of making the Otto Wagner Grounds at Steinhof, in Vienna's 14th district, the new home of the university from 2025.

March 31, 2020

Austria Appoints 24 New Ambassadors to Austrian Embassies Worldwide

Today the Council of Ministers of the Austrian Federal Ministry for Europe Integration and Foreign Affairs decided to fill several Austrian diplomatic senior positions abroad.

March 11, 2020

Neubesetzung von 24 österreichischen Diplomatenposten weltweit beschlossen

Heute hat der Ministerrat des BMEIA Federal Ministry for Europe Integration and Foreign Affairs die Besetzung mehrerer österreichischer diplomatischer Leitungsfunktionen im Ausland beschlossen.

March 11, 2020

Vienna Just an Emergency Solution: What's the Future for the Central European University?

About a year after it was driven out of Hungary by Viktor Orban, the CEU has started its provisional operation in Vienna-Favoriten. Two new Master programmes in Business Administration and International Public Affairs were launched simultaneously. Within 5 to 6 years, the Vienna campus is to move to Baumgartner Höhe. But the CEU will never abandon Budapest as a location.

October 9, 2019

Central European University Accredited as Private University in Vienna

The Austrian accreditation procedure for the CEU Central European University was successfully completed, so that the university can now start its operations in Vienna. Until now, the university was accredited in the USA and Hungary, the teaching took place exclusively in Hungary.

July 12, 2019

Vienna-Campus of Central European University to be Temporarily Set Up in Southern Vienna

The CEU Central European University of George Soros announces that it has opted for an interim location in Vienna's Favoriten, the "heart of the multicultural 10th district". This campus is scheduled to start operations in autumn 2019. By 2023, the university will be moved as planned to the premises of the Otto Wagner Hospital on Baumgartner Höhe in Vienna's 14th municipal district.

March 22, 2019

Soros University Leaves Budapest in Favor of Vienna

In Hungary, the Central European University (CEU) has faced massive hostility. As a consequence, the location will be relocated to Vienna. Michael Ignatieff, the rector of CEU, announced this week in Budapest that the university is finally moving: "This is a dark day for freedom in Hungary, and it's a dark day for academic freedom." In Vienna, negotiations are still underway on a suitable building for interim use from 2019. By 2023, the university is to move permanently to the grounds of the Otto Wagner Hospital.

December 6, 2018

Soros Foundations Relocate from Budapest to Berlin

The first Open Society Foundations, founded in Hungary in 1984 by George Soros, also of Hungarian origin, with a founding budget of US$3 million, is now actually withdrawing to Berlin.

May 15, 2018

Soros's Central European University is to Remain in Budapest

The Central European University (CEU) donated by US billionaire George Soros does not plan to move to Berlin or Vienna, but expects the Hungarian government to sign the agreement with the State of New York as soon as possible so that the CEU can remain in Budapest.

April 20, 2018 · Updated: April 20, 2018; 19:10

Hungary Forces Central European University of US Billionaire Soros to Move to Vienna

In view of the political pressure exerted by the Hungarian government under the proposed amendments to Act CCIV of 2011 on Hungarian National Higher Education, the Central European University (CEU) of US billionaire George Soros feels compelled to look for alternatives. The city of Vienna naturally offers itself as an excellent alternative or supplement. The CEU and the City of Vienna are already in negotiations about a memorandum of understanding (MoU) that would enable CEU to open a satellite campus site in Vienna. The Otto Wagner area at Baumgartner Höhe is being examined as a possible location.

March 16, 2018

Strabag building art storage facility in Budapest for over 350,000 works of art

The European construction group STRABAG has been awarded the contract to build an art storage facility as part of the Liget Budapest Project. The complex of five buildings forms part of the National Museum Restoration and Storage Centre (OMRRK). The contract has a value of approximately EUR 39 million.

March 27, 2017

Austrian Ministry of Foreign Affairs: Council of Ministers Places 27 New Diplomats at Head of Embassies

The Council of Ministers of the Austrian Ministry of Foreign Affairs has decided to place 27 new Austrian diplomats at head of Austrian Embassies worldwide.

December 10, 2015

Hungarian Central Bank Buys Austria's 68.8% Stake in Budapest Stock Exchange

Austrian shareholders CEESEG and OeKB sell their 68.8% stake in Budapest Stock Exchange to Hungarian Central Bank for €42m ($45m), the Hungarian central bank confirmed officially.

November 24, 2015

Purchasing Power in CEE Region: Czech Republic Ranks First

Among Poland, Slovakia and the Czech Republic, Bratislava records the biggest regional purchasing power. In total, the Czech Republic ranks first.

July 7, 2012

Austria Must Underline its Headquarter Function

Austria as hub for CEE markets is still popular. Nevertheless, there is a lack in a sustainable and flexible strategy. The geographical proximity to CEE countries is insufficient.

April 2, 2012

Vienna Again Among Top 5 in Innovation Cities Global Ranking

Boston came first again in a field of 331 cities in the Innovation Cities Global Index. This year’s among top five cities apart from Boston were San Francisco, Paris, New York and Vienna. Prague was 43th, Budapest 47th.

October 19, 2011

Warsaw Ahead of Vienna and Prague in the Ranking of the Most Attractive European Business Cities

Warsaw moved up three places in the ranking of the most attractive European cities to locate a business, prepared by Cushman & Wakefield.

October 13, 2011

Satisfaction at CEE Stock Exchange Group

The CEE Stock Exchange Group (CEESEG) looks back at a “busy and successful year 2010”.

January 5, 2011

Austrian-Hungarian Know-How for Macedonia

The Hungarian and Austrian Stock Exchanges make their capital market know-how available to the Macedonian Stock Exchange.

December 21, 2010
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