Gum-Tech Ltd., a company based in Cegléd, SE of Budapest, has expanded its capacity with a rubber products production line with an investment of about HUF 340 million, the company told the state news agency MTI. According to the company's statement, the branch was developed with the help of the HUF 170 million EU support […]
In addition to its internationally significant humanitarian role in Ukraine, the Hungarian Interchurch Aid (HIA) is also a major participant in refugee aid work in Hungary. In order to provide more efficient and complex assistance to those in need arriving in Hungary from Ukraine, the Taipei Representative Office is supporting the establishment of a refugee […]
Hungarian small-scale breweries will be hosting a free nationwide event on Saturday, May 21, with beer tastings, brewery demonstrations and colorful programs. Now in its fourth year, the Open Breweries Day will feature 24 Hungarian breweries and several new beers brewed for the occasion will also be on offer. In addition to tasting and buying […]
After one week, Hungarian authorities have again published data on the government coronavirus information page on the number of fatalities, new infections, those hospitalized, etc. A total of 4,749 new infections were confirmed last week, bringing the total number of identified infections since the beginning of the epidemic to 1,914,697 in this country. In the […]
Two years into the COVID-19 pandemic, more than 510 million confirmed cases and more than 6.25 million deaths have been reported around the world. As nations continue to battle the pandemic, Taiwan’s achievements have been widely recognized. As of May 10, 2022, about 390,000 confirmed cases and 931 deaths had been reported in Taiwan, which […]
Otthon Centrum's (OC) net sales amounted to HUF 6.2 billion in 2021, compared to HUF 4.4 billion a year earlier, the real estate brokerage firm said on the Budapest Stock Exchange's website on Tuesday. Last year, the group achieved a record in both real estate network turnover and loan intermediation, the report said. The company's […]
Continest Technologies Plc. has received a total of HUF 2.4 billion in capital from three domestic venture capital fund managers to support its growth plans. The Székesfehérvár Municipal Fund and Hiventures, a member of the MFB Group, each made a HUF 1-1 billion capital injection to become minority shareholders in the company, which develops and […]
The real estate investment company S IMMO Hungary, which manages the City Center office building that houses its headquarters in Budapest, has decided to renovate the lobby of the building. The highlighting elements of the decoration will be the Finta pencil drawings made during the design of the building. Work is expected to be completed […]
Women's leadership and the physical and mental presence of the glass ceiling in business and diplomacy. That was the topic of panel discussions by successful business leaders and diplomats at the residence of the Dutch ambassador in Budapest this Monday afternoon. Through personal stories and experiences, the panelists reflected on the theme and shared their […]
Kende Gastro Plc. has unveiled Hungary's first automated container store using artificial intelligence; the company is the exclusive European distributor of the technology and plans to expand to neighboring countries, Gábor Kende, founder and CFO of the company, told the state news agency MTI. The automated stores do not require staff, including cashiers, and use […]
Viktor Orbán was elected head of government for the fifth time after 1998, 2010, 2014 and 2018. The President of the ruling Fidesz party, who has held the post of prime minister without interruption since 2010, was elected with the 133 votes of his party with 27 MPs voting against him and the rest of […]
Following the foundation stone-laying of Chervon Auto’s first plant outside China last October, the company is already expanding its production base in Hungary. In the second phase of the investment, they will establish new capacities in value of EUR 49.2 million in Miskolc to manufacture metal castings for electric vehicles which should entail the creation […]
A memorial plaque has been unveiled to 19th century Hungarian poet János Arany in the Welsh town of Montgomery, immortalized in the poet's famous ballad ‘The Bards of Wales’. The plaque, which pays tribute to János Arany and his poem in Hungarian, English and Welsh, was unveiled by Ferenc Kumin, Hungary's ambassador to the United […]
The Budapest Stock Exchange's (BSE) share index, the BUX, closed at 41,255.70 points on Friday, down 2.03% on the previous week at 852.93 points, the state news agency MTI reported this Sunday morning. Turnover rose from HUF 64.233 billion the previous week to HUF 70.881 billion, with only OTP among the leading shares showing some […]
5,852 people entered Hungary on the Ukrainian-Hungarian border on Saturday, while 6,605 of those entering the country on the Romanian-Hungarian border said they had come from Ukraine, the National Police Headquarters (ORFK) told the state news agency MTI on Sunday. Of those who entered the country, police issued 353 people with temporary residence permits valid […]
