Proceeds of the Runway Run, the running race at the Hungarian capital's Ferenc Liszt International Airport, amounted to close to HUF 14 million this year. The airport's management company Budapest Airport handed over a part of the donation, 6.6 million HUF, to the SUHANJ! Foundation, while the remainder will be donated to Anthony Nolan, a […]

Shocking, fascinating and you wonder how it's possible. These were the words visitors used to describe their experience at the opening ceremony of ‘The Art of The Brick’ exhibition in Budapest, according to a LEGO press release. The exhibition features sculptures and creations made exclusively from LEGO® building blocks by New York artist Nathan Sawaya. […]

According to preliminary data, the deficit of the general government sector in the 1st half of 2022 was HUF 893 billion, 2.8% of GDP. The balance improved by HUF 627 billion, or by 2.9 percentage points as a proportion of GDP compared to the same period of the previous year. In the 1st half of […]

At its meeting this week, the Monetary Council of the National Bank of Hungary (MNB) reviewed the latest economic and financial developments and decided to raise the central bank base rate with 125 basis points to 13.00% with effect from September 28, 2022. Experts recall that the last time the base rate was this high […]

This year, 130 exhibitors, more than 40 foreign authors and 150 programs await the public at the Festival from this Thursday until October 2 at the National Dance Theater and the Europa Pont, next to the Millenáris event center. After a two-year hiatus, the Budapest International Book Festival will reopen, said poet and writer Krisztina […]

The National Bank of Hungary (MNB) will issue a collector coin of HUF 2,000 called ‘Király kis Miklós’ (King Little Cause) on writer Elek Benedek’s birthday, on the day of Hungarian folk tales. This collector coin is the second piece of the seven-piece non-ferrous metal collector coin series, launched last year, whose dedicated objective is […]

'Brave Warrior 2022', a large-scale multinational exercise, involving thousands of allied troops in the execution of joint tasks, takes place in the second half of September in Hungary. This Thursday, the participating troops were visited by the Hungarian and Croatian ministers of defense. It is a multinational (Hungarian, Croatian, Slovakian, Italian and American) complex combat […]

Innovariant Ltd. has expanded the capacity of its printing plant in Algyő, SE Hungary, with HUF 448 million, most of which is EU support, the company informed the state news agency MTI. According to the statement, Innovariant Ltd. was founded in 1996 in nearby Szeged and moved its headquarters to Algyő in 2011. Its main […]

The Hungarian electricity company MVM Plc. closed the first half of this year with a loss of HUF 81.1 billion, compared to a profit after tax of HUF 28.3 billion in the same period last year, according to a consolidated report about the first six months of the year published on the website of the […]

Mixing plants operating in Hungary produced 3.956 million tons of livestock feed mix in 2021, 3.4% more than in 2020, according to a summary published on the website of the Hungarian Institute of Agricultural Economics (AKI).  The majority of all feed, almost two million tons, was poultry feed, with only turkey feed down on 2020. […]

Both the number of Hungarians infected with the new coronavirus and that of those dying as a result of this infection decreased in the past seven days, according to a weekly summary published by the related government website koronavirus.gov.hu. In the past week, 46 people died (two fewer than in the previous week), mostly elderly […]

Hungerit Plc. has expanded its production capacity at a cost of around HUF four billion in the past year, the company informed MTI on the occasion of the centenary of the start of industrial poultry processing in Szentes, SE Hungary. According to the statement, the new breading plant was launched in October last year, increasing […]

Following a EUR 10.6 million investment, almost a third of which is covered by Hungarian taxpayers through a government decision, the expansion of Audi Hungaria’s tool plant is now complete, providing a dynamic backdrop to the continuously developing operation of the company in Győr, NW Hungary. As a result, more space of 6,300 square meters […]

Veranda Confectionary's ‘golden apple’ cake has been named the Dessert of Budapest of 2022. The gianduja-apple confection, placed on a linen sheet, can be tasted for the first time at the Sweet Days Budapest chocolate and sweets festival, which runs from this Friday to Sunday in front of St. Stephen's Basilica. Hungarian chocolate production has […]

The completion of the first phase of LEGO’s latest plant expansion was celebrated in a ceremony at its Nyíregyháza site this Tuesday. About 11% of the investment is covered by Hungarian taxpayers through a government decision. As a result of the project, the company’s production capacities will surge significantly following a EUR 148 million investment. […]