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 […]
PannErgy Plc. sold 201,100 gigajoules of heat in the third quarter, 38.9% more than in the same period last year, the company said in a production report published on the Budapest Stock Exchange (BSE) website. According to the information, the outstanding performance was due to a cooler-than-average September and continued investment in efficiency, operational safety […]
Profi Tető Kft. of Kaposvár has implemented a more than half a billion HUF equipment and labor development project, for which it won HUF 258 million in EU funding under the Széchenyi 2020 program, the company, which deals with the trade of roofing materials and roofing production, told the state news agency MTI. Among other […]
Thousands of people demanded higher salaries for teachers, better conditions in schools and consultation on education in Budapest this Friday. Another demonstration has been called for the national day, October 23, and another teachers' strike will take place on October 27. In addition to the capital, protest actions were also held in many rural municipalities. […]
A convoy of trucks loaded with food donations worth HUF one hundred million drew attention to World Food Day in Budapest on Friday. The 17th World Food Day action was organized by the UN Food and Agriculture Organization (FAO) and the Hungarian Food Bank Association. A convoy of 20 trucks with more than 60,000 kilos […]
The continued plunge in Hungary’s national currency is forcing the country’s decision makers to revisit earlier policy measures as the weakening forint wreaks havoc in the economy. The central bank may be forced to resume its tightening cycle while the government has indicated it could bring forward the nation’s erm-2 accession, the waiting room of […]
“We are already living in an era of climate change, but we have all the tools and opportunities to take action. Business leaders have a key responsibility and opportunity to make positive changes at the systems level. The question is how.” This was the focus of this week’s business lunch organized by the Business Council […]
