Koncsek Trans Ltd. of Orosháza, SE Hungary, which provides domestic and international transport services, is carrying out a HUF 150 million development. In a press release sent to MTI, the company announced that it had won HUF 106.5 million from the Economic Development and Innovation Operational Program (Ginop). With this amount, they will expand their […]

The Ferenczy Museum Center's (FMC) new permanent exhibition, The Collection (1900-2022), has opened, featuring 122 years of works. The exhibition, which will be renewed from time to time, will be on display at the Ferenczy Museum in Szentendre, north of Budapest, until the end of March 2028. FMC Director Zoltán Prosek pointed out that the […]

The Budapest Stock Exchange (BSE) stock index rose in a week of falling turnover, closing at 41,818.92 points on Friday, 2.57% higher than a week earlier, MTI reported Sunday morning, along a with a brief analysis of the week. The weekly turnover of the stock market was HUF 46.88 billion, up from HUF 61.24 billion […]

On Earth Hour, on the last Saturday evening of March each year, unessential lights are switched off for an hour and electrical appliances are turned off around the world. Budapest has also joined the intiative. The 60 minutes dedicated to the Earth is not only to symbolically turn off the lights in homes and cities, […]

A new Pathology Innovation Incubator center has been inaugurated in Budapest to launch a large-scale R&D project under the cooperation of 3DHISTECH Ltd., a Hungarian market leader in the field of digital pathology and Epredia, a member of the Japanese PHC Holding. The idea is to develop methods and equipment that are suited to diagnose […]

Thanks to the sponsorship contract signed by the Budapest Transport Center (BKK) and the Prime Minister's Office, the capital's fleet will be expanded with 31 new modern, low-floor and air-conditioned CAF trams, in addition to the 20 trains ordered last October. In a statement sent to MTI, BKK said that under a government decision at […]

The tourism center of Barcs, SW Hungary, built with a budget of around HUF 400 million (mostly EU funding), was inaugurated this Friday. The center on the bank of the river Drava was created by renovating and rebuilding a former salt warehouse. At the inauguration ceremony, President of the Republic Katalin Novák pointed out that […]

Since the beginning of March, firefighters have been called out to 880 fires in open spaces in Hungary, an average of 44 a day. Some fires have reached 150 hectares and are now being fought by 50-60 firefighters. The size of the areas burnt in March is close to that of 1,620 football pitches, a […]

The National Bank of Hungary (MNB) continues the collector coin series presenting Wolf Prize-winning mathematicians of Hungarian origin and their work, launched in 2022. This year, two collector coins are scheduled to be issued on March 24, 2023, one in honor of Pál Erdős, who was awarded the Wolf Prize 40 years ago, and his […]

Sales revenue from cloud technology used in manufacturing and trade is set to grow at an average annual rate of close to 20% this decade in Eastern Europe, according to market researcher Fortune Business Insights. In Hungary, the growth of the cloud technology sector may outpace regional peers as the expansion of B2C e-commerce has […]

According to an international survey, work-life balance is more important for employees in the long run than the possibility of career building, Profession.hu has reported to MTI. As the press release says, the Boston Consulting Group (BCG), in a global survey conducted this year with the involvement of Profession.hu, among others, examined the attitudes and […]

A music box playing the works of Fryderyk (Frédéric) Chopin and Ferenc Liszt, performed by pianist Gábor Farkas, was inaugurated this Thursday, the Day of Hungarian-Polish Friendship, in Budapest's Városliget (City Park). The piano was donated to Budapest by the Polish Institute to commemorate the world-famous composers of the two nations. The Ambassador of the […]

CIB Group closed the 2022 financial year with an outstanding result: its profit increased by 128% to HUF 36.1 billion, the financial institution told MTI on Thursday. CIB Group's revenues amounted to HUF 135.6 billion, up 71.0% year-on-year. This was mainly due to the rising interest rate environment and increasing business activity, especially the expansion […]

Wizz Air has again, after 2020, won the Airline of the Year award at the Air Transport Awards, the company told MTI on Thursday. The award was personally accepted by CEO József Váradi at the gala evening in Montreal, Canada on Wednesday, they wrote. The Air Transport Awards annually honors outstanding performers in the air […]

Mapei Ltd. expects a more than 6% increase in sales this year, Béla Markovich, the managing director of the Hungarian company, which manufactures and distributes building materials, has said at a press conference in Budapest. He has also discussed the results of a survey by the company about finding construction professionals in Hungary. He added […]