Many international banks and financial service providers also support the financial industry of Budapest, firms such as Citigroup, Morgan Stanley, GE Capital, Deutsche Bank, Sberbank, ING Group, Allianz, KBC Group, UniCredit and MSCI among others. Large Hungarian multinational corporations headquartered in Budapest are listed on the BSE, for instance the Fortune Global 500 firms MOL Group, the OTP Bank, FHB Bank, Gedeon Richter, Magyar Telekom, CIG Pannonia, Zwack Unicum and more. The Budapest Stock Exchange, a key institution of publicly offered securities in Hungary and Central and Eastern Europe, is situated in Budapest's CBD at Liberty Square. A good indicator of the city's potential for innovation and research, is that the European Institute of Innovation and Technology chose Budapest for its headquarters, along with the UN, whose Regional Representation for Central Europe office is in the city, responsible for UN operations in seven countries.

Glide along the Danube

Float up to the highest spot in Budapest on the Zugliget Libegő Choose from the highlights below, explore the beauties and enjoy what the capital has to offer! 📍 How to do a weekend in Budapest🍲 The best restaurants in Budapest🏘️ The best Airbnbs in Budapest🏨 The best hotels in Budapest🍽️ Our all-new Time Out Market Budapest🇭🇺 Ultimate guide to rolletto casino registration what to do in Budapest Why we love it Passengers sit in two-person gondolas as the Hungarian capital spreads out before them, romantic on summer evenings, off the scale on snowy winter mornings. Effortlessly gliding up to Budapest’s highest point atop János Hill at 527 metres in 12 panoramic minutes, the Zugliget Chairlift is an accessible, affordable and thrilling attraction in operation all year round.

• Research places the probable residence of the Árpáds as an early place of central power near what became Budapest.
• Climb up to the Citadella and Budapest’s Liberty Monument on Gellért Hill for a rewarding view.
• Epic Guides provide inspiration and first-person stories for a lifetime of unforgettable travel experiences.
• The Váci utca, a narrow street turned pedestrian thoroughfare, is the most fashionable shopping centre of Budapest.
• A visit to Budapest during the long, hot summer is not complete without an evening at one of the city’s many kertek, literally « gardens. » But in Budapest, really any outdoor spot has been converted into an entertainment zone.
• Restoration of the palace was completed in the mid-1970s, and it now houses the National Széchényi Library, Budapest History Museum (commonly called the Vármúzeum, or Castle Museum), and the Hungarian National Gallery.

Ride the rails in the Buda Hills

If you've never visited the city, the Szimpla will blow your mind – just be prepared to pay a little more for your drinks. Why we love it It’s still an essential Budapest experience (but perhaps not for Hungarians trying to avoid tourists). This is Budapest’s original ruin bar, the one that set the tone for so many others to follow, adorning a vast, dilapidated building, its open courtyard and labyrinth of rooms, with eclectic furniture, edgy artwork and fairy lights. Budapest History Museum Ft 3,800 (€9.50).

• The national insurrection against the Habsburgs began in the Hungarian capital in 1848 and was defeated one and a half years later, with the help of the Russian Empire.
• In recent times a significant decrease in population occurred mainly due to a massive movement to the neighbouring agglomeration in Pest county, i.e., suburbanisation.
• In 2014, the city had a population density of 3,314 people/km2 (8,580 people/sq mi), rendering it the most densely populated of all municipalities in Hungary.
• One states that the name derives from Roman times, since there was a local fortress (Contra-Aquincum) called by Ptolemy « Pession » (« Πέσσιον », iii.7.§ 2).
• This fluctuation in the population is caused by hundreds of thousands of suburban residents who travel to the city for work, education, health care, and special events.

Travel Interests

The synagogue is located in the Jewish district taking up several blocks in central Budapest bordered by Király utca, Wesselényi utca, Grand Boulevard and Bajcsy Zsilinszky road. In Budapest, the central government is responsible for the urban planning, statutory planning, public transport, housing, waste management, municipal taxes, correctional institutions, libraries, public safety, recreational facilities, among others. Budapest has been a metropolitan municipality with a mayor-council form of government since its consolidation in 1873, but Budapest also holds a special status as a county-level government, and also special within that, as holds a capital-city territory status.

For the First Time in Hungary, You Can Pay with Bitcoin at a Major Art Auction

The ornate Basilica of St Stephen is the city’s biggest church and is mere blocks from Deák Square. Alternatively, hop on bus 16, which has many stops throughout the city, or hike up (it’s not as far as it seems, we promise). It begins behind the basilica and stretches to Heroes’ Square, one of the city’s most famous monuments. Gerbeaud, Hadik and Centrál are equally great choices for a trip back in time.

Main sights and tourism

The monuments of the dictatorship were removed from public places, into Memento Park. In the last decades of the 20th century the political changes of 1989–90 (Fall of the Iron Curtain) concealed changes in civil society and along the streets of Budapest. In recent times a significant decrease in population occurred mainly due to a massive movement to the neighbouring agglomeration in Pest county, i.e., suburbanisation. In the early 1970s, Budapest Metro's east–west M2 line was first opened, followed by the M3 line in 1976.