Visa is launching its global ‘She's Next’ program to support women-led businesses in Hungary, Bence Sármay, regional manager of the digital payments service provider, announced in Budapest on Tuesday. Five Hungarian women entrepreneurs will each receive a HUF 2 million grant and one year of mentoring, Bence Sármay said. He added that applications can be […]
Nearly three quarters of firms with 20 or more employees expect to raise prices in the near future. More than a third of the companies planning to raise prices expect a 6-10% increase, slightly more than a quarter of them expect an 11-15% increase, and a fifth of them expect a 1-5% increase. Presenting the […]
Hungarian Parliament was the last but one of NATO member states to give its assent to Finland's accession to NATO late on Monday afternoon, adopting the proposal to ratify Finland's application for NATO membership, which was submitted to Parliament more than eight months ago. Members of the Hungarian Parliament approved the law on the proclamation […]
The management of the freight forwarding and logistics company Waberer's International may propose a dividend payment of HUF 100 per share, after the company closed last year with its highest EBIT (earnings before interest and tax) since its listing on the stock exchange, at EUR 33.3 million (almost HUF 13 billion), according to an issuer […]
People are aware of the methods of payment fraud, they are afraid of becoming victims of fraud, but they do not consciously protect themselves against it, according to a representative research commissioned by OTP Bank. Almost all respondents have heard of some form of banking fraud and 81% fear becoming a victim of cybercrime. Although […]
Both business and consumer expectations improved significantly in March, with GKI’s economic sentiment index rising for the fifth month in a row. According to a survey conducted by GKI Economic Research Co. with the support of the EU, in the business sector expectations of industrial and service companies improved significantly, while expectations in construction and […]
Koncsek Trans Ltd. of Orosháza, SE Hungary, which provides domestic and international transport services, is carrying out a HUF 150 million development. In a press release sent to MTI, the company announced that it had won HUF 106.5 million from the Economic Development and Innovation Operational Program (Ginop). With this amount, they will expand their […]
The Ferenczy Museum Center's (FMC) new permanent exhibition, The Collection (1900-2022), has opened, featuring 122 years of works. The exhibition, which will be renewed from time to time, will be on display at the Ferenczy Museum in Szentendre, north of Budapest, until the end of March 2028. FMC Director Zoltán Prosek pointed out that the […]
The Budapest Stock Exchange (BSE) stock index rose in a week of falling turnover, closing at 41,818.92 points on Friday, 2.57% higher than a week earlier, MTI reported Sunday morning, along a with a brief analysis of the week. The weekly turnover of the stock market was HUF 46.88 billion, up from HUF 61.24 billion […]
On Earth Hour, on the last Saturday evening of March each year, unessential lights are switched off for an hour and electrical appliances are turned off around the world. Budapest has also joined the intiative. The 60 minutes dedicated to the Earth is not only to symbolically turn off the lights in homes and cities, […]
A new Pathology Innovation Incubator center has been inaugurated in Budapest to launch a large-scale R&D project under the cooperation of 3DHISTECH Ltd., a Hungarian market leader in the field of digital pathology and Epredia, a member of the Japanese PHC Holding. The idea is to develop methods and equipment that are suited to diagnose […]
Thanks to the sponsorship contract signed by the Budapest Transport Center (BKK) and the Prime Minister's Office, the capital's fleet will be expanded with 31 new modern, low-floor and air-conditioned CAF trams, in addition to the 20 trains ordered last October. In a statement sent to MTI, BKK said that under a government decision at […]
The tourism center of Barcs, SW Hungary, built with a budget of around HUF 400 million (mostly EU funding), was inaugurated this Friday. The center on the bank of the river Drava was created by renovating and rebuilding a former salt warehouse. At the inauguration ceremony, President of the Republic Katalin Novák pointed out that […]
Since the beginning of March, firefighters have been called out to 880 fires in open spaces in Hungary, an average of 44 a day. Some fires have reached 150 hectares and are now being fought by 50-60 firefighters. The size of the areas burnt in March is close to that of 1,620 football pitches, a […]
The National Bank of Hungary (MNB) continues the collector coin series presenting Wolf Prize-winning mathematicians of Hungarian origin and their work, launched in 2022. This year, two collector coins are scheduled to be issued on March 24, 2023, one in honor of Pál Erdős, who was awarded the Wolf Prize 40 years ago, and his […]
