Toyo Ink Hungary Kft.’s new plant has been inaugurated in Újhartyán, Pest County, where CNT dispersion for lithium-ion batteries will be produced. The HUF 7 billion investment creating 45 jobs marks a key milestone in the business strategy of the Japanese-owned company as it is planning to further expand due to rising global demand for […]
Although the number of deaths has increased, according to the latest data, the number of new infections and active infections in Hungary has decreased. The number of cured cases is steadily increasing, according to data published on Wednesday by the related government website koronavirus.gov.hu. In the past week, 118 patients, mostly elderly and chronic, died, […]
Former basketball player Réka Cserny has been inducted into the Harvard Varsity Club (HVC) Hall of Fame. The Hungarian athlete studied at the US university between 2002 and 2005, where she achieved outstanding success as a member and captain of the women's basketball team. Her Harvard athletic achievements include - among others - Ivy League […]
On Tuesday afternoon, a triple Hungarian record was set in a bold gastro-cultural theme at Kálvin Square in downtown Budapest. The organizers enlarged the traditional Japanese team art instruments to seven times their original size. The largest cup and matcha frother in Hungary were registered, and the amount of tea made with them also set […]
Invitech and A1 Telekom Austria have built a faster, more secure and higher capacity redundant fiber connection between the Austrian and Hungarian capitals. According to the companies, the new backbone network on this route will provide the shortest and most secure connection between Western and Eastern Central Europe. By connecting Invitech's and A1 Telekom Austria's […]
Korean-owned W-Scope Hungary Plant Ltd. celebrated the foundation stone-laying of its lithium-ion battery separator plant in Nyíregyháza, NE Hungary this Tuesday. The investment worth EUR 720 million is set to boost the competitiveness of the company in a quickly developing EV market. Up to 1,200 new jobs will be created as a result, with mass-scale […]
The cargo handling facility at Budapest's Ferenc Liszt International Airport is planned to be enlarged in order to meet growing demand, according to the latest bulletin published by the airport's management company, Budapest Airport. "The BUD Cargo City, opened by Budapest Airport in 2020, has handled record cargo volumes since its launch, and represents significant […]
The AutoWallis Group is continuing its path of growth after all business units experienced double-digit growth in all areas in the first nine months of the year, with sales in many areas already higher than last year as a whole. This means that the crisis-resistant strategy of the Group, present in 14 countries in the […]
The proportion of Hungarian adults who consider self-providence important has increased significantly, while the number of those who think they are unable to save for their retirement has also risen, according to a quarterly representative survey by K&H's Secure Future Index, the results of which were presented at a press conference in Budapest on Monday. […]
As a result of energy-saving measures introduced by Spar Hungary and the modernization of its stores, the store chain's greenhouse gas emissions were reduced by 49% by 2021 compared to 2017 levels, the supermarket chain told the state news agency MTI on Monday. The company said that during the renovation of the stores, fluorescent lighting […]
An international seminar at Budapest’s Metropolitan University is organized as part of the World Press Photo 2022 exhibition on October 29 this year. As an introduction to the seminar, the University notes that the world today is facing new problems and dilemmas. These are challenges for an entirely new generation, who have a whole range […]
A quarter of hotels may close for the winter in Hungary due to the plummeting energy prices – at least that is what is likely to happen according to the Association of Hungarian Hotels and Restaurants. Such a development would leave many caterers out of work, Tamás Flesch, honorary president of the association, told ATV. […]
Mobile network operator Yettel's developer competition encourages the identification and development of technological solutions to tackle the energy crisis, the company told the state news agency MTI. The two-round competition, called 'Hack it your way', is open to brainstormers, startups, development teams and programming professionals and targets three topics: reducing household spending with smart devices, […]
The Budapest Stock Exchange (BSE) share index rose this week, with the BUX closing at 39,603.36 points on Friday, up 65.73 points or 0.17% on the previous week, the state news agency MTI reported this Sunday morning along with a brief analysis. Weekly turnover on the stock market was HUF 31.11 billion, up from HUF […]
15 Arab countries showcased their cultural richness through exhibitions, art performances and concerts at the Museum of Ethnography in Budapest on Saturday as part of the Arab Cultural Day. The event was opened by Hungarian Parliamentary Speaker, László Kövér, who recalled that Magyar relations with the Arab world and culture date back to before the […]
