IBUSZ OKTOGON, Budapest

"IBUSZ Utazási Irodák Kft. is the largest Hungarian travel bureau? Budapest Business Journal 2002 "IBUSZ is the most reliable Hungarian trade mark among the travel offices? Reader?s Digest 2002 It was a long road to success. After the change of the political system in 1989 large enterprises were sorely tried by the economic liberalization. This was also true of the tourism. Suddenly the European - and world economy came very close to us and its accelerated effect basicly influenced the economic processes in our country. Obviously Hungarian tourism also hade to adopt the new circumstances and meet requirement of old and new market participant of the Hungarian travel market. If we look at the traditional travel office market in Hungary with few exception only IBUSZ managed to survive. The other Hungarian large scale enterprises either closed down or restructured to such an extent that they could not be considered as a classical travel enterprises. Under these circumstances our record is especially impressive, also our market position is continuously increasing, our reserves are adequate for the company?s size and our financial status is stable. Since the "IBUSZ? trade mark has been linked to travel for almost 100 years, it is very important to save and extend its tourism?s capacity. At the same time to guarantee a lucrative operation it is important to provide full service, in order to further develop the supplementary activities and business branches. IBUSZ managed success. We hope that by adopting an effective and new business policy that takes into account the new circumstances we will be able increase and strengthen our position in Hungarian tourism. Most important business: - domestic and outgoing group tourism - reservation of tailor made accommodations for individuals in Hungary and abroad - sale of programmes - travel insurrance - sale of trading goods - car rental service