Venture Capital Eyes Hungarian IT Sector
Venture capitalists are scouring the IT sector in Hungary 
searching to invest in companies and start-ups that they believe 
capable of reaching the stage of IPO on the world stock markets.  

TrizecHahn launches Westend City Center
TrizecHahn Corporation, which owns over US$ 8 billion in
real estate assets and market capitalization has been shifting
its focus from North America to European development projects.

Budapest palace to be reborn
Canadian based Four Seasons Hotels and Resorts and Gresco 
Investments Ltd. signed a development agreement yesterday 
with a municipality within Budapest for an $ 84 million (U.S.) 
restoration and development of a luxury, 155 room, five star hotel.

Canuck firms unveil terminal in Budapest
The Hungarian and Canadian flags flew side by side yesterday 
as Toronto's Airport Development Corp. handed over its finished 
2B terminal at this city's Ferihegy airport to the Hungarian government.