Investors have returned to the capital's real estate market, with investment buyers accounting for 41% of transactions in September after the second quarter low, the property agency Duna House reported on Wednesday, according to MTI. The most popular locations were Erzsébetváros (District 7), Józsefváros (District 9), Angyalföld (District 13) and Terézváros (District 6). According to […]
The surplus of the external trade in goods amounted to EUR 1.3 billion, the level of the external trade turnover increased by 13% on the export side, and grew by 8.1% on the import one, month-on-month, the Central Statistical Office (KSH) reports. The value of export declined by 5.1%, and that of import was 19% […]
This Tuesday, at Audi Hungaria's 30th anniversary event, series production of the new generation of electric motors for the Premium Platform Electric (PPE), which will debut in the Audi Q6 e-tron model series, was officially launched. As a result of an investment of EUR 190.2 million, a completely new 15,000-square-meter production area for PPE drives […]
The construction of a new logistics center will conclude a multi-year development series worth around HUF 52 billion at the Bosch plant in Maklár, NE Hungary according to Michael Zink, the managing director of the Maklár plant of Robert Bosch Automotive Steering Ltd., a manufacturer of steering gears for passenger cars and trucks. He added […]
The ground handling of some of Wizz Air flights at Liszt Ferenc International Airport of the Hungarian capital will now be carried out by its leading service partner Menzies Aviation using fully electric equipment, the airline informed MTI on Monday. According to the statement, compared to diesel-powered equipment, fully electric ground handling can reduce carbon […]
Körber Hungária Ltd. invests EUR 14.4 million to add new equipment to its existing capacities and set up an automated storage facility at its Pécs site. Scheduled to be completed by the end of 2025, the investment also includes the installation of solar panels to cover a substantial portion of the company’s energy needs. 15% […]
This fall, Holcim Hungary Ltd. is launching its Community Value Program for the 11th time, with the aim of encouraging and supporting the implementation of long-term sustainable projects that promote local, community-based cooperation between the Királyegyháza Cement Plant and the communities near the Bükkösd Quarry. According to the company's statement, Holcim is committed to supporting […]
The Budapest Stock Exchange (BSE) share index, the BUX, rose by 1.82%, or 1,022.67 points, to 57,337.64 points compared to the close of last week, MTI reported this week along with a brief analysis of the week’s trading. Total turnover fell from HUF 35.849 billion to HUF 29.234 billion, but this week the BSE held […]
After a busy summer, the fall also started strong at the Ferenc Liszt International Airport, with the winter schedule coming into force on October 29, offering plenty of surprises for those travelling from Budapest: 107 destinations from 36 airlines await those looking to get away from it all. Thanks to this broad and varied offer, […]
Kempinski Hotel Corvinus Budapest has redesigned its Kempinski The Spa facilities, concept and treatments, the hotel says in a statemnent. Inspired by travel and well-being, the revitalised space now alludes to notions of travel and self-at-peace, while the treatments are crafted to suit guests’ individual needs. The signature ‘The Hungary Holistic’ treatment based on Hungarian […]
For the second year in a row, Wizz Air has been awarded the CAPA Global Environmental Sustainability Airline/Airline Group of the Year at the CAPA Asia Aviation Summit for the usage of sustainable aviation fuel (SAF). A statement by the airliner says that Wizz Air’s top ranking in the benchmarking report is due to their […]
30 business leaders have had a conversation with the theme "Ecology and economy, two sides of the same coin" with Swiss explorer Bertrand Piccard at the MagNet Community House in Budapest. He is best known for being the first man to circumnavigate the Earth in an airplane he built, powered solely by solar energy. He […]
The Hungarian government has set its sights on reducing the country's budget deficit to below the European Union's threshold of 3% of GDP in the coming year. Finance Minister Mihály Varga made the announcement while presenting the 2024 budget plan to Parliament this week. As part of their strategy, the Cabinet will ease taxes on […]
The Hungarian pharmaceutical company Gedeon Richter Plc. - together with Sumitomo Pharma America, Inc. and Sumitomo Pharma Switzerland, GmbH - has announced on the website of the Budapest Stock Exchange that the European Commission has granted approval of a Type II Variation application for RYEQO® (relugolix 40 mg, estradiol 1.0 mg, and norethisterone acetate 0.5 […]
The best of contemporary Italian cinema will be screened from Saturday to November 14 at the 21st Italian Film Festival, Mittelcinemafest, at the Puskin and Tabán cinemas in Budapest. The festival will screen twelve contemporary Italian films in their original language with Hungarian subtitles, the organizers told MTI. The opening film will be The Commander […]
