Thanks to the joint initiative of the Europe Direct Baranya Information Center and Holcim Magyarország Ltd., students of the upper grades of primary schools in Baranya County participated in a two-round environmental education competition in the second semester of 2022. The first three winning teams of the "Youth4GreenerEU" competition are awarded the right to plant […]
Entrepreneurship is considered an attractive and socially valued career path in Hungary, and the number of businesses has started to rise again, according to research by Global Entrepreneurship Monitor and Erste Bank sent to MTI on Wednesday. Despite the turbulence of the past year, the public's assessment of the entrepreneurial climate in Hungary is basically […]
The volume of industrial production dropped in April 2023 by 8.3% year-on-year. Based on working-day adjusted data production declined by 5.8%, MTI quoted figures reported by the Central Statistical Office on Wednesday. Transport and electrical equipment production increased. According to seasonally and working-day adjusted data, industrial output was 2.5% lower than in March 2023. Production […]
The Veszprém site of Continental Automotive Hungary Ltd., which is celebrating its 30th anniversary this year, has reached the one billion sensor production mark, the company told MTI. The Hungarian subsidiary of the German automotive group said in a statement that thanks to the developments of the past decades, the Veszprém site, which is already […]
In April 2023, the volume of sales in retail trade – along with a significant base effect - decreased by 13.6% according to raw data and by 12.6% when adjusted for calendar effects compared to the same period of the previous years. It is reported to be largest decrease in Europe. Calendar-adjusted sales volumes decreased […]
US-based Dana Incorporated has announced to launch two projects to expand its operation in Győr. The leading auto parts manufacturer adds new capacities worth some EUR 96 million to meet growing demand for EVs. The investments, over 18% of which are covered by Hungarian taxpayers through a government decision, will create nearly 300 jobs for […]
According to Reacty Digital's annual online retail survey, domestic online retail sales reached HUF 1,378 billion in 2022, with a more moderate growth of 8% compared to recent years. In a summary sent to MTI on Tuesday, it was reported that during the coronavirus outbreak, due to the closures, more people shopped online more often […]
With an alternative environmentally conscious idea, the creative and practical reuse of chip bags, students from the Nyírség region, NE Hungary, took home the top prize in the Samsung and EdisonKids Solutions for Tomorrow challenge. The third edition of the competition saw students aged 12-18 compete in the categories of community, sustainability and future education. […]
Kim Jin Phyo, Speaker of the National Assembly of the Republic of Korea and László Kövér, Speaker of the Hungarian National Assembly lay a wreath at the Mermaid shipwreck memorial at the Pest end of the Margaret Bridge, paying tribute to the South Korean and Hungarian victims of the tragedy. On May 29, 2019, the […]
This year's Museum of the Year award was won by the Szentendre Open-Air Ethnographic Museum in the category of ‘large museums’ and by the Kunszentmárton Local History Museum in the category of ‘small museums’, the organizers told MTI on Monday. The special prize of ICOM Hungary was awarded to the German Nationality Museum in Tata, […]
Amazon Web Services (AWS) has opened its first office in the Hungarian capital, as part of the company's ongoing expansion in Central and Eastern Europe to serve a growing number of regional customers and partners, the company told MTI on Monday. The new Hungarian headquarters will enable staff to provide even more support for migrating […]
The Hungarian Business Leaders Forum (HBLF) launched a campaign to promote the role of women in corporate leadership. Entitled ’CEOs Leaders for Balance’, the initiative is aimed at raising awareness and promoting diversity in the Hungarian corporate world. As part of the program, HBLF paired up 12 executives living and working in Hungary to work […]
HR service provider Prohuman has further strengthened its presence in the Central and Eastern European region, following its expansion in Serbia and now it wants to put its Slovenian subsidiary on a growth path, the Hungarian-owned HR service provider has told MTI. According to the statement, Prohuman is active in seven countries – Hungary, Romania, […]
Austrian-owned KRONOSPAN-MOFA Hungary Fiberboard Production Ltd. is expanding the capacity of its plant in Mohács, S Hungary, for the production of fiberboard to the tune of HUF 2 billion, with Hungarian taxpayers covering HUF 286 million of the invested amount as state contribution. The Hungarian timber industry, which employs 16,000 people, also set a record […]
The stock index of the Budapest Stock Exchange (BSE) rose on rising turnover, closing at 47,869.61 points on Friday, up 296.26 points or 0.62% from a week earlier, MTI reported Sunday morning along with a brief analysis of the week’s trading. Weekly turnover on the stock market was HUF 69.1 billion, up from HUF 37.3 […]
