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2024

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Daniella Electricity continues to strengthen its market leading role and stability

D&T
Jul 22, 2024

Daniella Electricity further strengthens its market leader role in the region of Pécs by acquiring Elektro UNO's electrical products trading business unit. The transaction took place in June 2024, as a result of which the electrical products trading business unit of the long-established Elektro UNO, with 6 sites, will continue to operate under the Daniella […]

EU's Stance on Hungary's Presidency Sparks Controversy

D&T
Jul 19, 2024

The European Union announced its top officials will boycott informal meetings hosted by Hungary during the country’s EU presidency. This decision follows Hungarian Prime Minister Viktor Orbán's controversial meetings with foreign leaders about Ukraine, which have angered European partners. Some member states, however, are frowning on Brussels’ unprecedented move. The European Commission, the EU's executive […]

MVM Mobiliti handed over its first high-performance charging station

D&T
Jul 17, 2024

MVM Mobiliti handed over its first charging station with a total capacity of 600 kilowatts in Törökbálint, which was implemented with support from the European Union. The development was implemented in the MVM Ultra project, with funds supported by CINEA (European Climate Policy, Environmental Protection and Infrastructure Executive Agency) of the European Union. The total […]

| source: www.eib.org

Eurozone industrial production fell in May

D&T
Jul 17, 2024

According to data published by Eurostat, the statistical office of the European Union, the industrial production of the Eurozone decreased to a lesser extent than expected by analysts, but in a monthly comparison in May, a decline was also registered on an annual basis. In May, industrial production in the Eurozone fell by 0.6 percent […]

Hungary's Levies Special Taxes as Part of 'Anti-War' Economic Strategy

D&T
Jul 12, 2024

Hungary's government has unveiled what it dubs an "anti-war" action plan. The ambitious strategy, announced on Monday, aims to shore up the country's finances through a series of special taxes on banks, energy companies, and multinational firms. Prime Minister Viktor Orbán's administration is no stranger to unconventional economic measures. Once again, they've turned to their […]

Sophistication and extravagance on the top of Budapest

D&T
Jul 11, 2024

The Duchess rooftop bar, located on the top of the Matild Palace, a Luxury Collection Hotel, offering one of the most beautiful views in the capital, is preparing unforgettable events for this summer. On 13th July comes Budapest’s most elegant and glamorous evening, the White Party with a vibrant atmosphere, a DJ and special cocktail creations. […]

The Hungarian F1 chief doctor is bidding on a special race suit

D&T
Jul 10, 2024

László T. Hetzman, the permanent Hungarian head doctor of the Formula 1 world championship series, is putting up for auction a race suit as well as a helmet and gloves worn by him and signed by the defending champion, three-time world champion Max Verstappen, the Dutch pilot of Red Bull. On the occasion of the […]

Serious records were broken at the Budapest Airport

thomas lieven
Jul 10, 2024

Budapest Ferenc Liszt International Airport showed a significant increase in both passenger and cargo traffic in June. The number of passengers exceeded 1.5 million, which is higher than the data for the sixth month of the record year 2019 before the epidemic - based on the compilation of airportal.hu. This is how the first 6 […]

FM: Hungary’s cooperation with China will provide a “solid foundation” for growth

D&T
Jul 10, 2024

The foreign minister welcomed the Chinese leadership’s support for the further enhancement of cooperation. Péter Szijjártó, Minister of Foreign Affairs and Trade, said Hungary’s economic, trade and investment cooperation with China will provide a “solid foundation” for the country’s economic growth in the coming years. Speaking in Beijing, the foreign minister welcomed the Chinese leadership’s […]

The state designates the development directions of the Budapest airport

D&T
Jul 10, 2024

As a financial and strategic investor, the Hungarian state designates the development directions of Budapest Ferenc Liszt International Airport, said National Economy Minster Márton Nagy at a press conference in Budapest on Tuesday. Even with a conservative estimate, the airport can reach an annual passenger traffic of 20 million by the end of the decade, […]

IP WEST Achieves WELL Certification as an Existing Building

D&T
Jul 9, 2024

IP WEST office building has become the first existing building in Hungary to achieve WELL certification, following a comprehensive renovation. Unique for obtaining the WELL Core certification under version 2 of the WELL Building Standard, which focuses on property services and common areas, IP WEST has earned a Gold level rating, as reported by Colliers' […]

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