​6 Reasons Why Companies Should Move to Budapest July 25th, 2014

Hungary is a good choice for those companies who want to move their offices abroad. The Budapest office market has a lot of advantages: there are a lot of modern offices, and the work force is cheap and qualified. Do you want to know what the 6 reasons are why it’s worth for foreign companies to move their offices to Hungary? Below you can get to know why Budapest is better than Bratislava or Prague. 1. Modern Offices Budapest has the 2nd place on the list (behind Warsaw) of the cities having...

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​A Thousand Test Users for Soon-to-Launch Budapest Bike Sharing System July 24th, 2014

Budapest Bike Sharing System MOL BuBi is to be launched soon. BKK Centre for Budapest Transport organized a test period, during which a thousand future users are going to test the new system. The test period started on the 17th July is expected to be finished in 2 weeks. The software development and the inside testing of Budapest bike sharing system MOL BuBi lasted longer it was expected, but it’s finally over, thus the process can be continued with a new phase: the public testing. BKK Centre...

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​Hungarians Like to Stay in the Country for Vacation July 24th, 2014

The number of domestic guest nights increased by 14 percent, and that of international guest nights decreased by 4.1 percent in Hungarian hotels this May comparing to last year’s same period. More and more Hungarians spend summer vacations in the country: the income of the hotels increased by 8 percent and their turnover by 2.9 percent. Hungarians are more likely to spend vacations in the country: according to the latest statistics 922 thousand domestic guest nights were spent in Hungarian hotels...

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​June Was a Record-Breaking Month for the Real Estate Market July 24th, 2014

June was another record-breaking month for the property market, so this is maybe the last time when it’s worth to buy an apartment. According to the data of real estate agency Duna House June was another record-breaking month for the real estate industry: more apartments were sold than last month. Apartments in brick houses were the most popular. Investors also were more active: one-third of the apartments were bought as an investment. According to the data of the first half-year of 2014 we can...

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​​One-Fifth of the Hungarians Would Redo Their Homes July 24th, 2014

One-fifth of the Hungarians would like to do smaller renovations in a year, and their long-term plans include the renewal of the insulation, the roof and the ducting. They are willing to pay up to HUF 1 million on the works. According to the results of the study made by roofing components manufacturer Lindab 20 percent of the Hungarians are planning to do minor reconstructions in the next one-year period. Last year 29 percent of the respondents said they would redo their homes, but 68 percent of...

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​Apartment Prices of Budapest Metropolitan Area Can Be Surprising July 24th, 2014

There’s a big difference in property prices of the cities in Budapest metropolitan area, thus those who are looking for a new home outside of the capital might face unpleasant surprises. An apartment can cost HUF 100-200 thousand more per square meter than one in another city. Those who would like to live in a green environment, tend to choose to leave Budapest and move to the metropolitan area. But those who are looking for a new home in the agglomeration might face unpleasant surprises, since...

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