The Atlas World Community – members who share the same E.S.C. values: Ethics, Sustainability and Creativity, in the business world – had the opportunity to meet this July. The 'Atlas Award' revelation took place at the Aranybástya restaurant in Budapest. The event, organized by the founder, ITL Group, to present the masterpiece created by the […]
Bernarda Pera of the United States has won the USD 250,000 Hungarian Grand Prix women's clay court tennis tournament in Budapest, defeating Serbia's Aleksandra Krunic in two straight sets (6-3, 6-3) in Sunday's final. On the final day of the tournament at the Római Tennis Academy, the final was played in bright sunshine, 26 degrees […]
The summer plans of Hungarians have been substantially revised by inflation and the weakening of the Hungarian currency, the forint. Two-thirds of Hungarians have not been and do not plan to go on holiday this summer, according to a Publicus Institute survey conducted by phone and online between June 30 and July 7, commissioned by […]
The Budapest Stock Exchange (BSE) share index fell on a downward trend this week, with the BUX closing at 39,659.23 points on Friday, down 187.41 points or 0.47% on the previous week. Turnover fell from HUF 46.99 billion the previous week to HUF 40.24 billion, with leading shares performing mixed, the state news agency MTI […]
The All for Hungary Movement demonstrated at Jászai Mari Square on the Pest side of the Margaret Bridge in Budapest on Saturday, the state news agency MTI reports. People gathered to protest against the recently announced government ‘austerity’ measures that run contrary to the election promises of the governing Fidesz party. On the social media […]
Following the government's Wednesday announcement on the modification of the capped price regulations, the solid fuel and building material depots were swamped by crowds not seen at this time of year for decades. They are taking coal and firewood, no matter what the price, the popular news site telex.hu reports. "In previous summers, the only […]
Budapest Mayor Gergely Karácsony has announced that the city is investing nearly HUF 4 billion in energy efficiency with support from the European Union. The mayor says the available resources will be used to completely renovate heat exchanges, install new pipeline sections, connect new consumers to district heating, upgrade district heating pipeline sections, replace hot […]
The AutoWallis Group has set records in all its business segments in the first half of the year, with 60% of last year's total annual vehicle sales already achieved in the first six months of this year, the company informed the state news agency MTI on Friday. According to the statement, the group, which is […]
The aggregate production of solar power plants in Hungary exceeded 1,836 megawatts (MW) on Wednesday, 13 July, according to the Hungarian Independent Transmission Operator Co. Ltd. (Mavir). This means that large solar power plants accounted for almost 37% of total electricity consumption in Hungary. This is particularly important in the current energy emergency, as alternative […]
A joint survey by UniCredit Bank and SteiGen revealed how aware people in Hungary are of the concept of ESG and what sustainability means to them. The research also showed that 16% of the respondents attributed sustainability to the donation of consumer goods. People are keen to help others, but what factors influence their decisions […]
The Hungarian government declared an “energy emergency,” citing the war in Ukraine and sanctions on Russia by the European Union as the primary reasons. Under the new system, there will be a ban on the export of fossil fuels and the system of government-imposed cap on household utility prices will be revamped. The government of […]
A jubilee event was held on Thursday in Kács, Borsod-Abaúj-Zemplén County, NE Hungary on the occasion of the 45th anniversary of the founding of the Bükk National Park. Tthe law establishing the Bükk National Park came into force on 1 January 1977. The national park was the third in the country to be established, and […]
45% of Hungarians are already having to give up some of their basic foodstuffs and household items because of price rises. Women, pensioners and people with primary education feel the effects of inflation the most, according to a survey conducted by Pulzus Research for the business news site Napi.hu. Inflation stood at 11.7% in June […]
The field of the 54th Kékszalag (‘Blue Ribbon’) Raiffeisen Grand Prix took off Thursday morning from Balatonfüred. According to the organizers, 516 boats have entered this year's race with more than 2,500 sailors on board. As the website of the race notes, 28 boat classes have delegated teams to the Blue Ribbon, with 16 catamarans […]
With the support from the European Union and the Hungarian government, Femtonics Ltd. has invested HUF 914.75 million to develop its COVID-19-specific ventilator and diagnostic manufacturing capacity in Kővágószőlős near Pécs, southern Hungary. In a statement to the state news agency MTI, the company says it received a conditional reimbursable grant of HUF 731.80 million […]
