The MittelCinemaFest Italian Film Festival will take place in Budapest from November 4 to 12, with 12 recent Italian movies, including several festival winners, being screened at the Puskin and Tabán cinemas in the Hungarian capital. The event, organized jointly by the Italian Cultural Institute of Budapest and Cinecittá, will screen contemporary Italian films in […]
Industrial production in Hungary decreased by 5.3% in August this year according to this Friday's report by the country's Central Statistical Office (KSH) that also strikes a positive note by stating that the manufacture of transport equipment actually grew by 4.6%. The volume of industrial production declined in August 2023 by 5.3%, year-on-year. Based on […]
Total domestic solar capacity topped 5,400 megawatts by the beginning of October, according to latest data summary by MAVIR Hungarian Transmission Operator Co., with the first three quarters adding 1,389 megawatts, more than 300 megawatts more than the gain in twelve months of last year's record year, the Energy Ministry (EM) said on Friday. The […]
The 2023 ’For a Sustainable Future Awards’ have been presented, recognizing outstanding sustainable corporate and leadership achievements, by the Business Council for Sustainable Development in Hungary's (BCSDH) at its annual business lunch. A record number of exceptional submissions were received for the 2023 ’For a Sustainable Future Awards’. These awards were established to acknowledge outstanding […]
An informal European Union summit convened in Granada, Spain, took an unexpected turn when the Prime Ministers of Hungary and Poland blocked a joint EU declaration on migration. The two leaders compelled delegates to omit a passage regarding member countries' views on migration from the carefully crafted declaration that had been in the works for […]
Hungary's leading feed producer and one of the largest feed material traders is also making significant investments in the field of livestock breeding, having acquired this summer a stake in Mangal Ilona Sertéshizlalda Ltd. By 2026, they will build one of the most modern and sustainable pig farms in Europe. One of UBM's big announcements […]
The energy crisis and the resulting dramatic increase in energy prices have underscored the importance of energy efficiency over the past year, Deputy Governor of the National Bank of Hungary (MNB), Csaba Kandrács said this Thursday at MNB’s International Green Finance Conference. It featured presentations by representatives of the European Commission and the International Energy […]
The European Film Academy (EFA) will award Hungarian filmmaker Béla Tarr with its Lifetime Achievement Award, The Hollywood Reporter reported on Wednesday. According to the citation, the award is a tribute to Béla Tarr, who is highly respected among his colleagues and celebrated by audiences worldwide for his work as a director, as well as […]
Investors submitted offers worth HUF 27.5 billion in UniCredit Jelzálogbank Plc.'s third green mortgage bond issue, of which the bank accepted HUF 20 billion in the originally offered amount, almost half of which was subscribed by commercial banks, the company told MTI on Wednesday. According to the information, the bank's fixed-rate 5.5-year UCJBF 2029/A series […]
Coca-Cola HBC Hungary is joining the Hungarian Agricultural and Life Sciences University (MATE) to develop coffee grounds collection solutions to recycle the valuable waste generated by its catering partners, the company told MTI on Wednesday. Ideas are invited from the 27 student teams that applied to the Zaccmentő ['coffee grounds rescue'] competition, which closed on […]
Life-saving diving equipment essential for underwater operations has been provided to the Életjel Rescue Team thanks to the support of Provident Pénzügyi Plc. In May, the financial service provider gave the organization a grant of HUF 1 million, which was used to purchase a piece of equipment for underwater communication and four so-called Wings, which […]
Pension funds continue to offer one of the most competitive schemes compared to other self-care offers, according to a recent summary by the National Bank of Hungary (MNB). The central bank said on Tuesday that the classical premium burden index, which retrospectively expresses the costs of voluntary pension funds, was 0.72% in 2022, up from […]
Consumer prices increased by 12.2% on average compared to same month of the previous year, prices of motor fuels rose significantly, food prices decreased compared to August, the Hungarian Central Statistical Office (KSH) reported this Tuesday. Consumer prices were 12.2% higher on average in September 2023 than a year earlier. In one month, consumer prices […]
Sixty Hungarian companies are represented at ANUGA, one of the world's largest food industry exhibitions, in Cologne, Germany until October 11, 2023, the Agricultural Marketing Center (AMC) told MTI. According to the information, 27 Hungarian exhibitors resent themselves at the 250 square meter stand of the AMC, while 33 Hungarian companies are present independently. The […]
In 2023, the Atlas World Community continues to shine a spotlight on those who exemplify the ESC values, ensuring that the legacy of ethical, sustainable, and creative entrepreneurship thrives and evolves, leaving an enduring imprint on Hungary and beyond. The ITL Group and its founder, Alessandro Farina are organizing the third edition of the Atlas […]
