HungaryTrends – The week in business and finance

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See below the main business and financial news from the previous week:

HUNGARIAN CASTLE HOTEL AMONG EUROPE’S BESTS – PHOTO GALLERY 

Heritage Hotels of Europe 2018 awards were announced on November 18th during an elegant celebration hosted by the 5-star castle hotel Château Bela, Slovakia. Prónay Castle of Alsópetény won the “Host of the year” award, one of the seven categories, which means that it is among the bests of Europe. Read more HERE.

SIX-LEVEL MULTI-STOREY CAR PARK CONSTRUCTION COMMENCED AT BUDAPEST AIRPORT 

According to Budapest Airport, the construction of a six-level multi-storey car park (MSCP) was ceremoniously started in front of Terminal 2 of Budapest Ferenc Liszt International Airport. In the area closed to the public since 1 October, a multifunctional car park building accommodating 2500 vehicles is to be erected. After the handover, drivers and their passengers will be able to walk over directly to the terminal. Read more HERE. 

MOODY’S AFFIRMS HUNGARY BAA3 RATINGS, MAINTAINS STABLE OUTLOOK

Moody’s Investors Service affirmed Hungary’s Baa3 ratings with a stable outlook in a scheduled review. Moody’s said robust growth, Hungarian authorities’ continued commitment to gradual fiscal consolidation, and “overall supportive institutional capacity” were the key drivers behind the rating action. Read more HERE.

AVL TO BUILD HUF 12.5 BN R+D BASE NEAR BUDAPEST

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