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 […]
The surplus of the external trade in goods amounted to EUR 708 million, while the level of the external trade turnover increased by 0.5% on the export side, and decreased by 0.9% on the import one, month-on-month, the Central Statistical Office reports. The value of export declined by 1.5%, and that of import was 19% […]
Several sights and buildings in Budapest, including the Chain Bridge and the Mol Campus were illuminated pink this Sunday to call attention to the international campaign to popularize screenings to prevent breast cancer in the framework of Breast Cancer Awareness Month, held each year in October. Pink October is Breast Cancer Awareness Month worldwide. For […]
László Sólyom, former President of the Republic, first President of the Constitutional Court, academic and university professor, has died at the age of 81, the Secretariat of the former President of the Republic told MTI on Sunday. László Sólyom passed away after a long illness "with great strength, activity and serenity," the statement said. Between […]
The 16th Korean Film Festival will be held in Budapest from October 13 to 20, with twenty-four fresh South Korean films and audience meetings, including the Oscar-nominated 'Past Lives', which will be released in Hungarian cinemas next year, the organizers told MTI on Friday. As they underline in their statement, this year's festival will also […]
The Budapest Stock Exchange's (BSE) share index fell on a downward trend this week, closing at 55,087.04 points on Friday, 1.35% lower than a week earlier. The weekly turnover of the stock market was HUF 33.58 billion, down from HUF 57.78 billion the previous week, with the leading stocks, with the exception of Magyar Telekom, […]
