Hungarian enterprises are slow to adapt to the use of Artificial Intelligence (AI) for business purposes as only 3% of local companies use AI in some form. This is less than half of the EU average, putting Hungary on the 25th slot on the list of 27 EU member states. Meanwhile Brussels is working on […]
LINDE GÁZ Magyarország Zrt. has announced that it has taken the lead in hydrogen mobility by being the first company in Hungary to install a hydrogen filling station. LINDE inaugurated the country's first hydrogen filling station on April 29, 2021 at the company's Budapest site. The ceremony was attended by Dr. László Palkovics, Minister of […]
Thanks in part to its exceptionally flexible working arrangements, Roche's Budapest-based service center was awarded first place at this year's CEE Business Services Summit & Awards. With 31 employees of different nationalities and a large number of female managers, the office in the Hungarian capital further strengthens its role within the global group, a press […]
One of the most significant investments of the Hungarian air trafic control firm HungaroControl has been completed, where the company's air navigation and voice communication systems and controller working positions have been completely renewed in the last six months. Thanks to the development, controllers will continue to be able to ensure flight safety from one […]
Architectural visualization has been an important subset of DVM group’s integrated design offer since 2017. The increasing internal project volume and the international demand for renders, movies, 360° and VR environments, as well as the company’s new affiliation with Studio Alliance all played into DVM Group’s recent decision to set up a dedicated ARCHVIZ division. […]
Having reached the significant milestone of having 3,000 stores worldwide, JYSK, a Danish retail chain selling household goods such as mattresses, furniture and interior décor, has set itself the next target: 5,000 stores in total. This means that the store chain will soon need a lot of new store managers. A major Employer Branding campaign […]
188 Hungarian patients have died in the past 24 hours, bringing the total official number of deaths related to the new coronavirus infection in this country to 27,172. By Wednesday morning, 1,692 new infections have been registered, bringing the total number of identified infections to 774,399 since the start of the outbreak. The number of […]
The Hungarian company Masterplast turns from a classic construction firm into a company that is increasingly focused on the insulation industry and has strategic positions in the healthcare industry as well, CEO Róbert Nádasi told the business daily Világgazdaság. With the acquisition of a German plant in Aschersleben, near Leipzig, last year, Masterplast also took […]
15-year-old Zsófia Strasszer of the Károly Keleti Vocational Secondary School in Budapest won the financial literacy competition 'European Money Quiz' hosted by the European Banking Federation (EBF). According a report by EBF, 13-15-year-old students from secondary schools across Europe have had their financial literacy challenged in the online contest European Money Quiz’s Final. The European […]
Turnover data at Vivre, an online retailer for home and lifestyle in Central and Eastern Europe, show important changes in consumer behavior in the year after the pandemic outbreak (March 2020 - March 2021) compared to the same period last year. This change was observed of Vivre customers in all nine countries where the company […]
In Diplomacy & Trade’s Witty Leaks series, diplomats give their personal account of the experiences of their “excursions” to Hungarian culture, art, gastronomy and landscape. This time, it is about similarities between Hungarians and Kazakhs in the past and in the present. In October 2019, arriving as my country's Ambassador Extraordinary and Plenipotentiary in Budapest […]
1,936 new infections have been reported in the past 24 hours, bringing the total number of identified infections to 771,454 since the beginning of the outbreak, according to the government website koronavirus.gov.hu. 176 patients have died, bringing the total official number of deaths to 26,801. The last time the number of patients who died within […]
The Academy for Women Entrepreneurs (AWE) program has arrived in Hungary to help 30 rural women with business ideas and start-ups to launch their own companies. Participants will receive a 10-month business training course, during which they will learn the skills and knowledge of entrepreneurship and even create a business model for their own company. […]
The Mercedes-Benz plant in Kecskemét, East Central Hungary has modified its production program until the 17th calendar week due to supplier difficulties, the company told the business daily Világgazdaság. The calendar week referred to is the one from 26 April to 2 May, however, the local news website reported that the car manufacturing plant was […]
The National Bank of Hungary (MNB) has published its new supervisory recommendation for credit institutions on climate-related and environmental risks. The aim of the recommendation is to raise awareness among Hungarian banks and to improve their preparedness for climate-related and environmental risks as well as for the related new regulatory challenges. The document, applicable from […]
