Mapei Ltd. expects a more than 6% increase in sales this year, Béla Markovich, the managing director of the Hungarian company, which manufactures and distributes building materials, said at a press conference in Budapest on Wednesday. He also discussed the results of a survey by the company about finding construction professionals in Hungary. He added […]

The number of permanent residents declined in several districts of Budapest and in the county seats last year, while urban agglomeration settlements were a popular destination for moving to across the country, according to the latest analysis by the real estate site ingatlan.com. In the statement issued this Wednesday, the leading economic expert of the […]

Last week, 16 patients, mostly elderly and chronic, died (up from 13 in the previous week), bringing the total official number of deaths related to the new coronavirus infection epidemic to 48,791, the Coronavirus Press Center informed MTI on Wednesday morning, presenting last week's aggregate data. It said that 641 new infections were confirmed last […]

MVM Zöld Generáció [Green Generation] Ltd. has built a 23.97 megawatt (MW) peak capacity solar power plant with an investment of HUF 9.4 billion in the outskirts of Szeged with EU support. The company's business project director, Péter Bilinszky said presenting the investment that EU and domestic subsidies covered HUF 3.575 billion of the investment […]

Large companies do not expect sales and profit growth this year. Companies have been expecting declining profits for more than a year, which has now reached a negative record, and the expected change in sales is also negative, according to the K&H large company growth index sent to MTI on Tuesday. On average, companies expect […]

The automotive company, committed to sustainable operations, was the first company listed in the Premium Category of the Budapest Stock Exchange to develop a Green Finance Framework. In its first Sustainability Report, AutoWallis reviewed its functions, identified the main processes connected to sustainable operations, and transformed its internal information system required for preparing reports. As […]

A consortium led by the ELKH Wigner Research Center for Physics (Wigner FK) has won a HUF 3.5 billion grant from the National Research, Development and Innovation Office (NKFIH) to develop the Quantum Informatics National Laboratory (KNL). According to a statement issued by the National Research Council on Monday, the key objectives of the project, […]

Sunny spring weather has led to new records in solar power generation in Hungary, the Hungarian Energy and Public Utility Regulatory Authority (MAVIR) has announced. First on Friday, March 17, in the midday hours, 2,343 MW, and then on Saturday, exceeding this with a preliminary value of 2,362 MW (in the quarter hour between 11:30 […]

The complete renovation of five panoramic corner suites was recently finished in Kempinski Hotel Corvinus Budapest. The design for the suites was prepared by the Hungarian interior design firm Biva Atelier. Together with these five, a total of 15 Executive Suites are now available to guests in the hotel. A lot of natural light flows […]

As of this Monday afternoon, underground trains again run between the two terminals on the Hungarian capital’s M3 metro line as the renovation of all but two stations have been completed. Over three quarters of the renovation costs have been covered by EU funding. Some 3,500 people have worked for the past five and half […]

Mensa HungarIQa Association, the group of the most intelligent 2% of Hungarians, celebrates its 30th birthday this Monday. To mark the anniversary, the organization will promote intelligence and the importance of problem-solving thinking with a series of national events, IQ days and a range of test-taking opportunities. Over the past 30 years, Mensa HungarIQa has […]

Hungarian business leaders say they do not want a strong or weak exchange rate, but stability, according to an analysis by the financial news site portfolio.hu. The exchange rate of the Hungarian currency, the forint (HUF) against major currencies like the euro or the US dollar has been helped by high interest rates, but business […]

Gábor Rakonczay and Viktoria Brown won the six-day world ultramarathon running championships organized by the Global Organization of Multi-Day Ultramarathoners (GOMU) in Policoro, Italy. Rakonczay, a Guinness World Record holder in cross-Atlantic canoeing, took the lead at the 123rd hour of the race and crossed the 800-kilometer mark on Saturday morning, giving him almost eight […]

The stock index of the Budapest Stock Exchange (BSE), the BUX, closed the week 5.35% lower at 40,771.24 points, down by 2,306.45 points compared to the previous Friday, MTI reported this Sunday morning along with a brief analysis. Total turnover on the stock market rose from HUF 47.274 billion to HUF 61.245, even though the […]

The flow of refugees from war-torn Ukraine continues. On Saturday, 5,672 people entered Hungary at the Ukrainian-Hungarian border, while 4,998 of those entering at the Romanian-Hungarian border said they had come from Ukraine, the National Police Headquarters (ORFK) said. As MTI reported Sunday morning, of those who entered, police issued 82 people with temporary residence […]