Tesco joined the Advent fundraising campaign of the Hungarian Interchurch Aid organization for the thirteenth time, raising more than HUF 57 million for the benefit of the needy, which the supermarket chain then supplemented with HUF 60 million, and this year, it will support the aid organization with another HUF 10 million. According to a […]
MASTERPLAST, the largest Hungarian-owned building materials manufacturer in the Central European region, has announced on the website of the Budapest Stock Exchange that it entered into a sales and purchase agreement for the acquisition of 100% of the shares PIMCO Ltd. This makes MASTERPLAST the sole shareholder of PIMCO Ltd. PIMCO Ltd. has a 4.3-hectare […]
This year’s Budapest Independent Film Festival (BIFF) 2023 is to take place in February, screening 15 films of different genres. After last year’s Special Edition screening, the event returns to the venue, Kino Cafe Mozi with a rich and diverse program. Aiming to showcase emerging talents and address social issues of today, the BIFF 2023 […]
51, mostly elderly, chronic patients died last week (36 in the previous week), bringing the official total number of deaths in this country to 48,629. The number of recovered cases is slightly up (2,133,974) while the number of active infected has fallen to 8,597. There are currently 727 patients with the new coronavirus infection in […]
The Business Climate Index of the National Bank of Hungary (MNB) improved to minus 5 points in December from minus 7 points in November, but remained in the negative range indicating a negative business climate, the central bank has said on its website . Contributing to the rise in the index was a reduction in […]
Almost the entire Hungarian society would like to live in a more environmentally friendly way in the next year, but is not so open to reducing meat consumption, according to a representative survey conducted by the ELTE Faculty of Pedagogy and Psychology. According to the research, 94.8% of Hungarian society would like to become more […]
Hídtechnika [Bridge Technology] Ltd. has won a non-refundable EU grant of HUF 204.18 million for technological modernization. The project aims to safeguard jobs, improve the company's productivity and expand its portfolio, the bridge renovation and construction company has announced. The total cost of the development, supported under the Economic Development and Innovation Operational Program (Ginop) […]
LAFARGE Cement Hungary Ltd. has reached another milestone on its path towards sustainability: from May 1, 2023, it will continue its activities under the Holcim brand name and with a new corporate identity, the company has announced. According to the statement, the new Holcim brand visually reinforces the company's pioneering role in the circular economy […]
Buyers tend to have a wait-and-see approach in the Hungarian real estate market where the number of transactions has fallen by 40-50% in recent months, and demand is falling even more, according to the real estate brokerage network Balla Real Estate. The managing director, Ákos Balla, said in a statement that buyers are uncertain because […]
Amplio Automatika Ltd., a company engaged in automation and prototype development, which designs and manufactures target machines for automotive production lines, has implemented a HUF 632 million production capacity expansion in Székesfehérvár with the help of EU funding. The project, which was supported by the EU with HUF 284.68 million, is aimed at expanding production […]
As of this Monday, the Hungarian Meteorological Service stations will provide data more frequently, every ten minutes, as part of the international data exchange, which will contribute to more reliable forecasts, the organization said on its website. The World Meteorological Organization (WMO) data exchange system provides data from 140 stations every 10 minutes in real […]
Sales of the AutoWallis Group set new records in all divisions and areas in 2022, continuing down the path of dynamic growth with the aim of becoming a major vehicle trading company and mobility service provider in the Central and Eastern European region by the end of the decade, the Group said on the website […]
According to raw data, the volume of construction output in Hungary in November 2022 surpassed the previous year’s level by 7.0%, the Central Statistical Office reports. Out of the main groups of construction the output of construction of buildings increased by 18.6%, that of civil engineering decreased by 6.9%. Based on seasonally and working day […]
Three municipalities in Bács-Kiskun County have won almost HUF one billion forints for three tourism developments from the European Union's Operational Program for Regional and Local Development (TOP) Plus. HUF 659 millions will be used to renovate the section of the cycle path between Deák Ferenc Street and the local spa in Kiskunmajsa. On the […]
Hungarian citizens and companies have started to save a lot of energy. In December 2022, for example, Hungary consumed almost 24% less natural gas than a year earlier. And the weather is also helping. Around a quarter less gas was used in Hungary in December than a year earlier, according to the Ministry of Energy. […]
