Hungarian-born experimental physicist Ferenc Krausz, who has been the Director of the Max Planck Institute of Optics in Germany, shares the 2023 Nobel Prize in Physics with French scientists Pierre Agostini and Anne L’Huillier for “experimental methods that generate attosecond pulses of light for the study of electron dynamics in matter”, according to the award-giving […]
Domestic and regional facility management (FM) market leader B+N Referencia Ltd. is continuing to strengthen its international presence outside Central and Eastern Europe, with 40% of the group's revenues coming from foreign operations already this year. With the acquisition of Italy-based Sagad, the Hungarian-owned company has gained new industry knowledge, significant Western European experience and […]
Harvest Days in the Tokaj-Hegyalja wine region in NE Hungary kick off this Friday, with a harvest parade, concerts and wine tasting in the 950-year-old town that gives its name to Tokaj aszú. According to the event's website, the municipality has been holding the event since 1932, which aims to, among other things, foster Tokaj's […]
According to preliminary data, the deficit of the general government sector in the 1st half of 2023 was HUF 2,296 billion, 6.3% of GDP. The deficit of the 2nd quarter was HUF 570 billion, 3.1% of GDP, the Central Statistical Office (KSH) reports. In the 1st half of 2023:The general government sector’s revenues were HUF […]
After the outstanding close of the previous month, the BUX index held its form in September: the BSE's primary share index ended the month at 55,838.5 points, just over 55,000 points above the 55,000 mark, which represents an increase of just 0.1% compared to August, the financial portal portfolio.hu reports. The turnover of the spot […]
German-owned Thyssenkrupp’s story in Hungary has reached another key milestone: the topping out ceremony of its capacity expansion marks the latest stage of the company’s journey on Hungarian soil. The EUR 58 million investment that enables Thyssenkrupp to produce rotating shafts for electronic vehicles (EV) will create 110 new jobs, the Hungarian Investment Promotion Agency […]
This year 16 Hungarian companies received the Best Managed rating in the Deloitte Private global business mentoring program, the international consulting firm told MTI on Monday. The Best Managed Companies program is Deloitte Private's global business mentoring program, which was created to support and recognize local, privately held companies. In Hungary, the Deloitte Private Business […]
Hungarian-born biochemist Katalin Karikó overcame numerous professional setbacks before shooting to stardom as one of the inventors of the mRNA technology used in two COVID-19 vaccines. The scientist talked to Diplomacy&Trade back in 2021 about her love for science, the outcome of the pandemic and the curing power of her invention. The name Katalin Karikó […]
The Nobel Prize in Physiology or Medicine in 2023 will be awarded to Hungarian-American biochemist Katalin Karikó and American physician-scientist Drew Weissman for their discoveries concerning nucleoside base modifications that enabled the development of effective mRNA vaccines against COVID-19, accoring to the announcement of the Nobel Assembly at the Swedish Karolinska Institute. The discoveries by […]
The domestic SME sector is planning slightly higher revenue and profit growth compared to the beginning of the year: on average, they expect an 8.6% revenue and 4.4% profit growth in the next year, according to the K&H SME Confidence Index 2023 second quarter survey, the results of which were released to MTI on Monday. […]
The volume of export increased by 3.2% in July 2023, while that of import decreased by 5.4% compared to the same period of the previous year. The surplus was EUR 559 million, the balance improved by EUR 1.9 billion year-on-year, the Central Statistical Office reports. Compared to June, the seasonally and working-day adjusted volume of […]
By acquiring the shares of its partners, the facility management company B+N Referencia Plc. has increased its stake in in Airport Service Budapest Plc. to 100%. The company increased its stake from 33.4% by purchasing the share of Civil Security Service Plc. and that of Valton-Sec Plc. – 33.4% and 33.2% respectively in the transaction, […]
The stock index of the Budapest Stock Exchange (BSE) rose this week amid falling turnover, closing at 55,838.55 points on Friday, 0.84% higher than a week earlier. The weekly turnover of the stock market was HUF 57.78 billion, up from HUF 89.73 billion the previous week, with the leading stocks, with the exception of Richter, […]
The northeastern region Tokaj-Hegyalja has been named the most sustainable destination in Hungary, according to a survey conducted by Innotime Hungary, with Hévíz coming second, Esztergom and the Danube Bend in third, Lake Balaton in fourth and Eger in fifth. According to the analysis sent to MTI by the company, which also provides tourism and […]
Kempinski Hotel Corvinus Budapest was voted ‘Hungary’s Leading Luxury Hotel’ for the second time by the World Travel Awards. This latest distinction is a continuation of previous prestigious World Travel Awards, including Hungary’s Leading Business Hotel and Hungary’s Leading Hotel, in the past years. In addition, the hotel’s Corvinus Presidential Suite won the category of […]
