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2023

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BREEAM Rating for East Gate Pro Business Park

D&T
Jul 24, 2023

The A1 and B1 halls of the first phase of the East Gate Pro Business Park, developed by WING Plc., have been awarded the BREEAM International New Construction Very Good sustainability rating, portfolio.hu reports. The halls have earned the rating for their sustainable energy and water efficient management, among other things. The development has been […]

National Bank Launches New Afforestation Program

D&T
Jul 24, 2023

The National Bank of Hungary (MNB) will offset its annual carbon footprint in Drávaszentes, in the area of the Danube-Drava National Park in southern Hungary, with large-scale afforestation and grassland reconstruction, again in close cooperation with WWF Hungary, thus neutralizing its carbon emissions. The central bank says in a statement that it first offset the […]

BUX Rose on Rising Turnover This Week

D&T
Jul 23, 2023

BUX, the stock index of the Budapest Stock Exchange (BSE) rose this week, closing at 53,404.17 points on Friday, up 1,549.52 points or 2.99% from a week earlier, MTI reported Sunday morning along with a brief analysis of the week’s trading. The weekly turnover of the stock market was HUF 56.15 billion, up from HUF […]

Europeans Wish to Speed Up Green Transition

D&T
Jul 22, 2023

More than three quarters (77%) of EU citizens think climate change is a very serious problem at this moment, according to the latest Eurobarometer climate change survey. 61% of Hungarians respondents say they have taken action in the past six months to fight climate change. A majority of Europeans think that the European Union (56%), […]

Hungarian inflation shaves off billions of household savings

D&T
Jul 21, 2023

The majority of household savings are in cash, due to high inflation we are experiencing a very serious loss of wealth, Hungarian households are losing several thousand billion forints due to inflation. As the annual inflation rate hovered just above 20% in June, the toll of skyrocketing consumer prices is adding up for Hungarians. Hungary […]

Money Museum Panorama Terrace: 10,000 Visitors

D&T
Jul 20, 2023

The Panorama Terrace of the Money Museum in Budapest attracted 10,000 visitors in the first month after its opening, the museum told MTI on Thursday. According to the statement, the exceptionally high number of visitors was also helped by the audience of the Night of Museums, when about 3,000 visitors were welcomed. As they recall, […]

Kirchhoff Expands Operation at Two Hungarian Sites

D&T
Jul 20, 2023

German automotive firm Kirchhoff invests EUR 50 million in total at its sites in Esztergom and Dorog, both located in Pest County, to expand its Hungarian operation significantly. The projects are to create 80 new jobs, according to the Hungarian Investment Promotion Agency. Kirchhoff Automotive is an international supplier that offers body solutions to make […]

Gedeon Richter Purchases Dutch Firm

D&T
Jul 20, 2023

The Hungarian pharmaceutical company Gedeon Richter Plc. and the Dutch IQ Medical Ventures B.V. have announced on the website of the Budapest Stock Exchange that they signed a Share Purchase Agreement to transfer 100% of the shares of Giskit MD B.V. to Richter from Giskit Holding B.V., the affiliate of IQ Medical. Giskit MD B.V. […]

Hungarian Startup Ideas Eyed by Investors

D&T
Jul 19, 2023

The Hungarian Startup University Program (HSUP) at the ELTE University in Budapest has come to an end: nearly 180 students participated in the program, the institutional HSUP team helped develop the ideas with several university programs, and potential investors are already negotiating with the best ones, the university informed MTI on Wednesday.  The Hungarian Startup […]

Most Car Buyers Already Want Electric

D&T
Jul 19, 2023

All those who plan to buy a car in the next two years in Hungary would like to purchase an electric or hybrid vehicle. The majority of buyers are planning to choose a hybrid or fully electric model for their next car, according to an EY international survey of more than 15,000 consumers. Nine out […]

Hilton Hotel Opens in Marosvásárhely

D&T
Jul 18, 2023

The 115-room, four-star Hampton by Hilton Hotel, the city's first international hotel, has been inaugurated in Marosvásárhely (Târgu Mures, Romania), co-financed by the Hungarian government. The investment in the Transylvanian city, initiated and carried out by the Multinvest Group and operated by the long-established Hilton Group, was 35% financed by the Pro Economica Foundation, which […]

Hungary, an Important Wild Game Meat Exporter

D&T
Jul 18, 2023

Hungary is one of the largest exporters of game meat in Europe, according to a publication on the domestic market and consumption of game meat published by the Hungarian Chamber of Agriculture (NAK). Almost 90% of the 3,800 tons of the product processed in Hungary every year is exported abroad, mainly to Germany and Italy, […]

Budapest Congress and Exhibition Center

Hungexpo: Nearly 400,000 Visitors in H1 2023

D&T
Jul 17, 2023

Almost 400,000 people visited Hungexpo Budapest Congress and Exhibition Center's events in the first half of the year, with several exhibitions breaking the previous record for the number of visitors, Hungexpo told MTI on Monday. The event organizer said that the record-breaking AGROmashEXPO at the beginning of the year attracted almost 44,000 visitors to the […]

AI-Developed Drink Produced by HELL ENERGY

D&T
Jul 17, 2023

The world's first energy drink entirely developed by A.I. (Artificial Intelligence) with HELL ENERGY has been born. Every element of the new flavor, its carefully selected ingredients, design and marketing tools were designed and tasted by A.I., the company says in a statement. A.I. is able to process the incredible amount of information and knowledge […]

Electric Buses Tested Again in Budapest

D&T
Jul 17, 2023

Electric buses are being tested in Budapest once again: passengers can meet a solo vehicle on the e105 and e210 lines until August 3, and an articulated vehicle on the e8E line between July 21 and 29, the Budapest Transport Center (BKK) told MTI on Monday. According to the statement, these services will run as […]

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