The Budapest Stock Exchange (BSE) share index, the BUX, closed the week at 52,838.78 points, up 668.98 points or 1.28% from last Friday, on rising turnover, the state news agency MTI reported this Sunday. Total turnover rose to HUF 67.755 billion, compared with HUF 56.395 billion the previous week. The leading shares were mixed. The […]
The largest investment ever made by tyre distributor MARSO Ltd., the firm's logistics center in Dunaharaszti, was inaugurated this week. MARSO Ltd, one of the largest tire distributors in Hungary and owner of the MARSOPONT service network, has taken advantage of the positive economic effects and processes of the past years. Especially in the field […]
The general assembly of the Hungarian Olympic Committee (MOB) elected this Saturday two-time Olympic champion kayaker Zsolt Gyulay as the new president of the organization. The 57-year-old CEO of Hungaroring Sport Plc. received 34 votes from the 48 members present at the event, while the other candidate, Balázs Hajdu, lawyer and Olympic sailor, collected 14 […]
Hungarian real estate developer and investor Wing Plc. has acquired the Airport City logistics park, a business facility located next to Budapest’s Ferenc Liszt International Airport. The park is situated on a nearly 12-hectare plot of land comprising 44,000 square meters of modern warehouses and 8,000 square meters of office space in six existing buildings […]
Lidl Hungary's fourth and largest 62,000-m2 logistics center was inaugurated in Ecser, Pest County this Friday. The company received a HUF 1.2 billion non-refundable investment promotion grant from the government for the HUF 36 billion investment, creating more than 400 new jobs in the region. It was in the summer of 2020 that Lidl Hungary […]
In the last 24 hours, a total of 17,869 new cases of the disease have been confirmed, according to the relevant the government website. This is 12% higher than reported last Friday, meaning that although the infection is still running rampant, the pace is slowing. The number of active infected persons has increased to 225,801. […]
As the world watches with growing concern the escalation of the Russia-Ukraine crisis, a number of countries have come forth supporting Ukraine with material donations or offers of cyber support and training. Hungary’s Foreign Minister called for a diplomatic solution and noted that Ukraine’s minority policies leave little room for Hungary to help its neighbor. […]
The Swiss multinational food and drink processing conglomerate corporation Nestlé has announced a new plan to tackle child labor risks in cocoa production. At the center is an innovative income accelerator program, which aims to improve the livelihoods of cocoa-farming families, while also advancing regenerative agriculture practices and gender equality. A cash incentive will be […]
Hungarian biochemist Prof. Katalin Karikó has been announced by the Japan Prize Foundation as the winner of the 2022 Japan Prize in the fields of Materials and Production, along with fellow researcher Prof. Drew Weissman (USA). With this year’s prize, Karikó and Weissman are being recognized for their pioneering research in the United States contributing […]
A waterfowl further processing unit will be added to the plant in Mélykút, Southern Hungary and efficiency boosting investments will be carried out by Hunent Víziszárnyas Feldolgozó ('Waterfowl Processing') Plc. in value of HUF 6.5 billion, about a third of which is to be covered by Hungarian taxpyers through a government decision. As a result, […]
A package of clothing and accessories, 41 pieces altogether, have been handed over to the Hungarian competitors of the Beijing Winter Olympics by the Hungarian Olympic Committee (MOB). It has been a tradition for several decades that the Hungarian Olympic Committee provides the members of the delegation traveling to the Games, especially the athletes, with […]
For four days (January 26-29), nearly 200 exhibitors await visitors in four pavilions at AGROmashEXPO, Hungary's most important agro-industrial meeting point. Agricultural machinery, services, input materials, award-winning products, technical innovations and high-quality professional program are presented in one place, in the renewed HUNGEXPO Budapest Congress and Exhibition Center. Hungarian agriculture is entering a new era […]
The Budapest Zoo and Botanical Garden has been ranked 15th on the Sheridan list of top zoos in Europe and occupies the top spot in Hungary, the park said on Wednesday. The unofficial Sheridan list ranks zoos based on visitor experience, the parks' level of services and the professional work being done in the zoos, […]
In 2021, Budapest Airport once again took huge steps to maintain its carbon neutral operations and achieve its sustainability goals. Last year, the company further reduced its direct carbon dioxide emissions, which are now half the level of ten years ago, while emissions per passenger were only one third of 2011 levels, the operator of […]
As a result of continuous negotiations between FGSZ Ltd., the the owner and operator of the Hungarian high-pressure natural gas pipeline system, and its Ukrainian partner, Gas TSO of Ukraine, the test period of Q1 2022 - according to which firm gas transmission capacities have been created in the HU>UA direction from January – has […]
