The Hungarian Veolia Group has acquired the power plant in Oroszlány, west of Budapest, from the electricity MVM Plc., and the plant will be restarted in early 2024, the company told the state news agency MTI. According to the information, the two units of the plant, each with a capacity of 50 megawatts (MW), will […]
A business services center (BSC) to employ 150 people marks the beginning of a new chapter in the 20-year history of leading European pet product retailer Fressnapf’s Hungarian presence. The investment involves a training scheme of some EUR 884,000 to enhance skills of newly recruited staff. German-owned Fressnapf has been a household name with local […]
Hungarians travelled abroad 4.7 million times between April and June this year, 53% more than in the same period a year earlier, but the number of trips abroad fell by 24% compared to the second quarter of 2019, according to the quarterly publication of the Hungarian Central Statistical Office (KSH). The most popular destinations were […]
The Budapest Stock Exchange's (BSE) share index fell this week, with the BUX closing at 40,910.81 points on Friday, down 1,030.46 points, 2.46% lower than the previous week, the Hungarian state news agency MTI reported Sunday morning along with a brief analysis. The weekly turnover on the stock market was HUF 33.26 billion, down from […]
On Saturday, 6,709 people entered Hungary crossing the Ukrainian-Hungarian border, while 9,859 of those entering at the Romanian-Hungarian border crossing declared that they had arrived from Ukraine, the National Police Headquarters (ORFK) informed the state news agency MTI on Sunday. Of those who entered, police issued 254 people with temporary residence permits valid for 30 […]
From this fall, Icon Real Estate Management Ltd. will be responsible for the facility management (FM) and property management (PM) of the MOM Park commercial and business center. The aim of the change of model is to ensure a flexible and efficient service to clients at the usual high level, in line with the center’s […]
AKKO Invest, a Premium category Budapest Stock Exchange company, again closed a very strong half year after its largest subsidiary, NEO Property Services, also saw excellent results in the first six months of the year. AKKO closed the first half with revenue of HUF 11.3 billion and EBITDA of HUF 1 billion, and it expects […]
In the spirit of quality and sustainability, developments at Ferenc Liszt International Airport have continued in 2022. In the first half of the year, the airport management company Budapest Airport says it spent a total of more than HUF 5.3 billion on various infrastructure and sustainability projects, bringing the total value of the past three […]
LAFARGE Cement Hungary Ltd., as one of the leading manufacturers of building materials in the Hungarian construction industry, has already introduced a number of measures and programs to implement a circular economy and reduce its carbon footprint. As a result, it has now achieved 100% alternative fuel operation. In a press release, LAFARGE Cement Hungary […]
The stunning view from the newly-opened skybar White Raven Skybar & Lounge, placed on the last floor of Hilton, welcomed the Business Heroes who are actively making a positive impact in our society. A press release by the Atlas World Community says it aims to prize those entrepreneurs, who most distinguished themselves in Hungary for […]
The National Center for Public Health (NNK) has confirmed monkeypox infection in another person, bringing the total number of confirmed cases to 71 in Hungary, the NNK told the state news agency MTI on Friday. The statement said that last week, a 36-year-old man visited a health service provider in the capital with symptoms suggestive […]
The Hungarian government decided to set up an anti-corruption authority that will work together with non-government organizations to oversee the spending of European Union funds. The move comes as Budapest seeks to unlock billions of euros in EU development funds that Brussels suspended on claims of state-level corruption and a decline in the rule of […]
Several Hungarian politicians say farewell, on various social media pages, to the British monarch Queen Elizabeth II who died this Thursday at the age of 96. Hungarian President Katalin Novák wrote that "I am deeply saddened by the passing away of Her Majesty, Queen Elisabeth II. Her life was a blessing, her memory a treasure. […]
The Cervantes Institute is not only the largest Spanish language teaching institution in the world, but also offers free cultural programs to promote and disseminate the culture of Spain and Spanish-speaking countries. This Saturday, September 10, the Cervantes Institute in Budapest is organizing an open day where visitors will be able to attend free tutorials […]
The Hungarian government has imposed a 25% cut in gas consumption in public administration and at state-owned companies, with the exception of hospitals and residential social institutions. It will also order a temperature limit of 18 degrees Celsius in public institutions. The Hungarian government has imposed a 25% cut in gas consumption in public administration […]
