U.S.-based massive open online course provider Coursera and the University of Szeged (SZTE) are expanding their cooperation, with students and faculty of the institution having unlimited access to the course materials of the world's largest educational platform, according to an agreement signed this Monday in Szeged. The cooperation will give a new impulse to the […]
On the occasion of the Day of Hungarian Culture and the 200th anniversary of the birth of the Hungarian national anthem, a ceremony was held on Sunday in the Upper House of Hungarian Parliament and in several municipalities, including some in the territory of historic Hungary. The Day of Hungarian Culture has been celebrated on […]
A HUF 1.8 billion project, supported by EU funds, between the Kaposvár campus of the Hungarian Agricultural and Life Sciences University (MATE) and the dairy company Fino Food Ltd. will produce food products that will be available on store shelves next year, MATE informed MTI in a press release. Quoting the managing director of Fino-Food […]
The stock index of the Budapest Stock Exchange (BSE) rose this week amid falling turnover, closing at 46,440.14 points on Friday, 0.74% higher than a week earlier, MTI reported along with a brief analysis Sunday morning. The weekly turnover of the stock market was HUF 46.19 billion, up from HUF 57.59 billion the previous week, […]
The Veszprém-Balaton European Capital of Culture program series want to show the economic power of culture and draw attention to the fact that the creative industries, culture and cultural heritage can become the basis of an economic model. This not only gives a region a specific profile, but can also help economic growth, according to […]
The Volkswagen brand had a booming year in the Hungarian new car market last year: dealerships sold 10,311 VW passenger cars, 46% more than in the previous year, importer Porsche Hungaria announced. The Wolfsburg brand closed 2022 with a market share of 9.2% in Hungary, ranking third in the brand ranking on the market. Volkswagen […]
SMP Solutions' smart office project worth more than HUF 485 million has been completed, the company has announced in a press release. The company received a non-refundable grant of HUF 297 million from the National Research, Development and Innovation Office (NRDI Office) for the development. The project includes mobile navigation for orientation, a guest reception […]
The domestic market differs from the global one: while 18,355 new premium cars were sold in Hungary in 2022, an increase of 10.7% compared to the previous year, worldwide luxury car sales decreased by a few per cent. "The premium category is less price-sensitive, and purchasing power in this segment declines much later," executive chairman […]
Several Árpád-period (11th-13th century) graves, a Germanic warrior buried with swords and house traces from the early Iron Age have been found in a small area in Tatabánya, west of Budapest, the director of the city museum told MTI. According to archaeologist Gabriella Pál, the area was once a prominent sandy mound at the junction […]
The forint marched to considerably stronger levels against both the EUR and USD this year after being in a freefall in 2022. Experts believe the Hungarian currency has by now reached key technical levels and further significant strengthening may not be in the cards. The Hungarian currency has staged a spectacular comeback in recent weeks […]
4,407 people entered Hungary crossing the Ukrainian-Hungarian border this Wednesday, while 5,416 of those entering at the Romanian-Hungarian border crossing declared that they had arrived from Ukraine, the National Police Headquarters (ORFK) said on Saturday. Of those who entered, police issued 155 people with temporary residence permits valid for 30 days. They will have to […]
Unit 3 of the Paks nuclear power plant, located in central Hungary, will be operating at its nominal capacity again from Friday morning, the plant announced on its website. Communications director Antal Kovács said the unit's output was reduced to 50% on Thursday due to a fault in the generator protection's current transformer. The device […]
The Binax Group, a Zalaegerszeg-based call center operator, will hire 150 new employees this year and 120 next year, in addition to the 150 employees it has so far, the owner of the group said at a press conference on Thursday. Tibor Ott said that the group, which started in Zalaegerszeg in 1998 and currently […]
Up to 40 tons of pine trees discarded after the Christmas holidays may be burned in the coming period at the thermal power plant (in Pécs, southern Hungary), which operates with two biomass-fired units, the owner Veolia Energia Magyarország Plc. has announced. The statement sent to MTI said that the Pécs thermal power plant, which […]
Labor market service provider Trenkwalder has set up in Gyöngyös, east of Budapest, a new plant, which can provide outsourced tasks related to physical and mental jobs for companies operating in the region. Trenkwalder Managing Director Balázs G. Nagy said at the inauguration of the plant that the assembly plant started with 30 employees, but […]
