Legrand, a world leader in the manufacturing of products and systems for electrical installations and information networks in terms of sales, has been present in Hungary for close to three decades through its acquisition, in 1992, by way of a privatization deal of the Hungarian Kontakta company, which had been operating in Szentes, SE Hungary […]
BUX, the stock index of the Budapest Stock Exchange (BSE) closed the first trading week of 2022 with a rise, closing at 5,956.74 points on Friday, up 2.44% on the previous week, or 1,236.03 points. The turnover of the stock market was HUF 52.44 billion, up from 24.88 billion in the previous four days of […]
The first four months of the year 2021 were still about to closing, but the last three months of the year have seen the turnover of the "peaceful" year 2019, so Budapest Spas Ltd. is very optimistic about this year. The net revenue of Budapest Spa and Thermal Baths Ltd. in 2021 exceeded the 2020 […]
Virus researcher Miklós Rusvai expects a lot of patients, but fewer hospitalizations and deaths in the fifth wave of the outbreak caused by the omicron variant, the business news site napi.hu writes. The number of infected people will be very high, the highest among the previous epidemic waves, with the number of patients per day […]
Duna House Group reports having reached record volume levels in Q4 2021. Franchise real estate brokerage grew by 29%, own office real estate brokerage by 39% and loan brokerage by 74% on a year-on-year basis. In Hungary, the residential real estate market performed in H1 2021 at levels unseen in the last 10 years, which […]
Early this year, the French multinational healthcare company Sanofi announced the establishment of EUROAPI, a future leading European company dedicated to the development, production and marketing of active pharmaceutical ingredients (API). The standalone company will combine Sanofi’s API commercial and development activities with six of its European production sites, one of which is in Újpest, […]
Hot on the heels of the fourth wave of the Covid pandemic, the fifth wave is gradually engulfing Hungary due to the rapid spread of the Omicron variant of the virus. Data show that 30% of the new cases is detected in Budapest, making the capital the epicenter of the fifth wave in the coronavirus […]
The Hungarian Sports Journalists Association (MSÚSZ) has elected three-time Olympic champion fencer Áron Szilágyi as Athlete of the Year in the men's category and Tamara Csipes, member of the Olympic champion Hungarian kayak-four team and silver medalist in singles kayak, as Sportswoman of the Year 2021. The winners were celebrated at a gala in Budapest […]
Dog brains can detect speech, and show different activity patterns to a familiar and an unfamiliar language, a new brain imaging study by researchers from the Department of Ethology at the Eötvös Loránd University (ELTE) has found in Budapest. This is the first demonstration that a non-human brain can differentiate two languages, biologist and psychologist […]
The fifth wave of the coronavirus epidemic has also arrived in Hungary, Szabolcs Békássy, the national professional leader of the College of General Practitioners said on television this Thursday. There has been a significant rise in the number of people consulting doctors with respiratory symptoms. The rise in cases was expected after the rapid spread […]
The Hungarian real estate development firm Futureal Investment Partners has acquired three properties totaling nearly 70,000 square meters, two shopping centers and an office building in Poland, the real estate investment and asset management company announced in a statement sent to the state news agency MTI on Wednesday. The company also acquired the 30,300 sqm […]
TÜV Rheinland Intercert Ltd., an internationally renowned technical testing, inspection, surveillance and certification company, has completed a multi-million-euro investment in the last two years. Last year, the company moved to new, larger and more modern premises, and a new managing director has been appointed as of December 1, 2021. The new head of the company, […]
5,270 new infections have been confirmed, 82 patients have died, according to the government website koronavirus.gov.hu. The number of actively infected people has risen to 101,457, an increase of more than a thousand in one day. The 82 deceased were mostly elderly, chronic patients, bringing the total number of fatalities to 39,599. 3,090 patients with […]
The sixth edition of the selection will feature new works by 21 Hungarian designers, as well as works by Erja Hirvi, one of the star designers of Finnish Marimekko, from January 8 at the FUGA Budapest Architecture Center. TEXHIBITION, which was the brainchild of Szilvia Szigeti in 2015, aims to raise awareness of the textile […]
Lidl Hungary has announced that from January 1, 2022 it uses 100% renewable electricity in its entire store network, logistics centers and office buildings. In addition, the number of its stores equipped with solar panels will be further increased. Since the introduction of the ISO 50001 certification system, Lidl Hungary has implemented a number of […]
