Feeling the need to respond to changes in the automotive industry and the market in general, the retail- and wholesale distribution and mobility services business AutoWallis Group is to publish its first sustainability report. The Group, listed on the Budapest Stock Exchange, is a company operating in 14 countries in the Central and Eastern European […]
The pork processing company Topesa Ltd. has more than doubled its capacity by modernizing its slaughterhouse with a HUF 445 million investment, the managing director of the company, László Somogyi informed MTI. He reported that the Hungarian-owned company, which produces half-skinned pigs, used HUF 269 million of EU and domestic subsidies to purchase a slaughterhouse […]
The latest investment of MERKBAU Plc. was inaugurated this Friday: a joinery and carpentry plant built with a budget of more than HUF 2.5 billion. For the investment, the more than 30-year-old company, which is based in Kiskunhalas, S Hungary, received government support of nearly HUF 1 billion. The company's latest investment, inaugurated in a […]
The number of guests in commercial accommodation decreased by 1% and the number of nights spent decreased by 0.4% in February 2023 compared to February 2022. The number of domestic guests decreased, while the number of foreign guests increased, according to data by the Hungarian Central Statistical Office (KSH). The published figures suggest that 552,000 […]
The TritonLife Group has opened the first imaging diagnostic center in Veszprém in the North Balaton region, equipped for special examinations, the private healthcare provider informed MTI on Friday. According to the statement, the center was equipped with the most modern technology and TritonLife spent one billion HUF on its development. The 680-square-meter diagnostic center […]
Hungary’s deteriorating relations with the US took a turn for the worse as Washington announced a series of sanctions against Russia that also affected Hungary. This was the first time since the start of the war in Ukraine that an entity based in Hungary, a NATO and EU member, was sanctioned. Meanwhile, Prime Minister Viktor […]
Last week, 17 chronic patients, most of them elderly, died, bringing the total official number of deaths related to the new coronavirus infection to 48,828, the government’s Coronavirus Press Center told MTI, presenting last week's aggregate figures. It said 447 new infections were confirmed in the previous week, bringing the total number of identified infections […]
The international energy company Shell has opened the region’s first liquefied natural gas (LNG) filling station in Hungary. According to a statement by the Hungarian Ministry of Foreign Affairs and Trade, transport accounts for around 20% of greenhouse gas emissions, of which 70% is from road transport, with trucks responsible for two-thirds. There are two […]
In February 2023, the volume of industrial production declined by 4.6% year-on-year in Hungary. The working day adjusted index is equal to the non-adjusted one, the Central Statistical Office reports. Production dropped in the majority of the manufacturing subsections, at the same time the production volume increased in the largest weight carrying manufacture of transport […]
The Museum of Fine Arts - Hungarian National Gallery and the Janus Pannonius Museum in Pécs celebrate the 170th anniversary of the birth of Tivadar Kosztka Csontváry with a joint exhibition. The comprehensive exhibition is open for three months at the Museum of Fine Arts and will then be on display in Pécs. Renowned Hungarian […]
It will be easier and safer to report corruption in companies under new legislation based on an EU directive, the international consultancy firm Ernst&Young (EY) said in a statement sent to MTI this Thursday. It said that companies with at least 250 employees have 60 days from the publication of the legislation on April 12 […]
The Grand Prize of the 41st Hungarian Press Photo Contest offered by the National Association of Hungarian Journalists (MÚOSZ) was awarded to István Huszti, a photojournalist of the news site for his photo reportage in Ukraine entitled "Szilánkok" (Fragments); and Bálint Szajki, photojournalist of 24.hu, was awarded the André Kertész Grand Prize for his photo […]
The capital's drinking water network will be partially renewed with the help of HUF 20 billion forints of EU funding, Kata Türrő, the Deputy Mayor of Budapest, responsible for the city's management, announced on Wednesday. She is quoted by MTI as saying that this is the biggest investment in recent decades to improve the quality […]
Consumer prices were 25.2% higher on average in March 2023 than a year earlier in Hungary, the Central Statistical Office reports the official figures. The highest price rises were measured for electricity, gas and other fuels as well as food over the last twelve months. In one month, consumer prices increased by 0.8% on average. […]
In March 2023, the Hungarian real estate market closed the quarter with 7,787 sales transactions, marking a 25% increase compared to February and the best month of the first quarter. Even so, the gradual increase in the number of transactions still resulted in only 19,893 sales in the quarter, the weakest first quarter performance in […]
