Hungarian real estate broker firm Otthon Centrum Holding is acquiring a majority stake in Open House franchise and loan brokerage holding company, according to a statement published on the website of the Budapest Stock Exchange (BSE) on Monday. The transaction will result in a higher quality and more efficient customer service through the utilization of […]
The Hungarian National Gallery's (MNG) Art Deco Budapest – Posters, Objects, Spaces (1925-1938) exhibition, which opens on Tuesday, evokes the visual culture of Budapest in the 1920s and 1930s through some 250 posters, furniture, costumes, applied art and other artefacts. The exhibition focuses on Hungarian Art Deco visual culture, especially poster art and modern metropolitan […]
42 % of Hungarians who work from home at least one day a week are planning to renovate their homes to make their environment more suitable for telecommuting, and 48 % have already made some improvements for this purpose, according to a Hungarian survey sent to the state news agency MTI on Monday. The representative […]
4,657 new infections have been confirmed and 60 patients have died in Hungary in the past three days, that is, since Friday last week, bringing the total number of deaths to 45,781, according to the related government website koronavirus.gov.hu. The number of active infections has fallen to 95,067. 1,755 patients with coronavirus are hospitalized, 48 […]
Sopron Basket became the first Hungarian team to win the women's basketball Euroleague, the top European competition in this sport, as they beat host Fenerbahce 60-55 in the final of the quadruple final in Istanbul on Sunday. As expected, a hell of an atmosphere greeted the Hungarians at Ülker Spor ve Etkinlik Salonu sports hall […]
The Budapest Stock Exchange (BSE) share index, the BUX, closed Friday at 42,191.13 points, down 2,843.66 points or 6.31% from last week's close. Weekly turnover on the stock market fell to HUF 115.15 billion from HUF 121.09 billion the previous week, with all leading shares weakening, the state news agency MTI reported this Sunday morning. […]
From this coming Monday, certain employees of the lighting production company Tungsram will be sent on leave due to partial plant shutdowns, because the company is facing an insoluble situation due to economic circumstances, the southwestern Hungarian newspaper Zalai Hírlap wrote on Saturday, referring to the company's CEO Joerg Bauer. Joerg Bauer said that after […]
The perception of the European Union is basically positive both in the EU and in Hungary. Almost half of people in Hungary have a positive opinion of the EU, and just over one in seven have a negative opinion, according to the latest findings by Eurobarometer that regularly conducts public opinion surveys on behalf of […]
The exhibition at the Museum of Fine Arts, Budapest, that is open till July 17, this year, showcases the art of the Netherlandish master, Hieronymus Bosch (ca. 1450 – 1516), who produced one of the most influential and emblematic artistic achievements in European painting. The museum says the Budapest show, with close to ninety works […]
Consumer prices were 8.5% higher on average in March 2022 than a year earlier. The last time the inflation was as high was in June 2007. The highest price rise over the last 12 months was measured for food. In one month, consumer prices increased by 1.0% on average, the Central Statistical Office reports. In […]
A photo exhibition entitled Budapest Vision opened this Friday in Budapest's City Hall Park as part of the 42nd Budapest Spring Festival, which starts on April 29. The pictures of the contemporary street photo exhibition were selected by a professional jury from a competition of more than 200 images, Szilvia Mucsy, director of the Budapest […]
The European Union’s decision to launch a new rule of law mechanism against the Hungarian government threatens to strip Hungary of billions of forints in much-needed funding. The move comes at a time when the government needs to rein in a swelling budget deficit and faces a slowdown in the economy. Hot on the heels […]
In parallel with the relaxation of restrictions introduced at European level in the wake of the coronavirus pandemic, the number of routes is increasing as Easter and the high season approach, offering more travel options from Hungary. The summer timetable is also expanding, with holiday flights connecting Budapest to the Adriatic. Meanwhile, FlixBus continues its […]
Automotive supplier Modine Hungária Gépjárműtechnikai (‘Automotive’) Ltd. responds to pandemic-induced challenges by expanding operations with an investment of nearly EUR 5.2 million in Gyöngyös and Mezőkövesd, both in eastern Hungary by using state subsidy (amounting to close to a quarter of the invested amount) to improve competitiveness. Modine Hungária Gépjárműtechnikai Ltd., which produces fridges and […]
AutoWallis Plc. is purchasing Renault Hungária Ltd. together with a major player on the European automotive market, the Portuguese Salvador Caetano Group, thus attaining exclusivity for sales of vehicles of Renault, Dacia and Alpine brands in Hungary. A statement on the website of the Budapest Stock Exchange says the transaction is submitted to the approval […]
