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Regional News
Ringier-Axel Springer Merger Would Create Print Media King In Hungary PDF Print E-mail
Friday, 02 April 2010

"The merger of Swiss Ringier and Germany’s Axel Springer would create the biggest print media company in Hungary, provided the competition authority green-lights the deal.

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Ryanair To Cease Flying To/From Budapest From October 10 PDF Print E-mail
Monday, 29 March 2010

"Ryanair, the world’s favourite airline, today (26th Mar) announced that it will cease its operations at Budapest Airport from 31st Oct next unless Budapest Airport reverses its announced cost increases. The closure of Ryanair’s operations will result in the loss of over 200,000 high spending international passengers p.a. and the loss of 200 local jobs.

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Malév to cover cancelled Wizz Air Paris flights PDF Print E-mail
Saturday, 12 December 2009
Hungary's national carrier Malev is offering discounted fares on its Budapest-Paris flights to people who were forced to make new travel plans after Hungarian low-fare airline Wizz Air scrapped their flights to the French capital.

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SkyEurope Files For Bankruptcy, Halts Flights PDF Print E-mail
Tuesday, 01 September 2009
Low-cost airline SkyEurope has filed for bankruptcy and has suspended all flights, the firm said Tuesday, after struggling to restructure debt and cope with sinking revenues in the economic slump.

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Two Natural Gas Deals Tie Hungary Closer to Russia PDF Print E-mail
Friday, 20 March 2009
Hungary, already considered one of Russia’s closest allies in Central Europe, has signed two energy deals that will make it even more dependent on Russia for its natural gas, analysts said Tuesday.

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