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January 2024

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Nestlé and Tesco: HUF 16 Mn for the Hungarian Food Bank

D&T
Jan 24, 2024

As a result of their joint campaign last fall, Tesco and Nestlé have donated HUF 16 million to the Hungarian Food Bank Association, the latter informed MTI on Wednesday. As part of the charity campaign announced in the fall of 2023, Nestlé donated 1% of the value of the products sold in Tesco stores to […]

Hungarian Bronze at the Ice Cream World Cup

D&T
Jan 23, 2024

After the bronze medal at the European Championship, the Hungarian team of Renáta Somogyi, István Gaborecz, Sándor Fodor, Zoltán Gácsi, Krisztián Füredi won the bronze medal at the 10th anniversary Gelato World Cup in Rimini, Italy, the Hungarian Confectioners' Association announced to MTI on Tuesday. According to the information released, the bronze medal at last […]

Number of ORLEN Stations Almost Doubles in Hungary

D&T
Jan 23, 2024

From January to the end of April, ORLEN Hungary will own 63 petrol stations, which will make the company's pumps available at a total of 141 locations on the Hungarian market, ORLEN told MTI on Tuesday. According to the schedule, the company will open an average of four new units every week until the end […]

Wizz Air: High Seating Capacity for the Summer Season

D&T
Jan 23, 2024

Wizz Air will provide around four million seats on its Hungarian flights to 70 destinations this summer season, thus maintaining its market leadership in Hungary, the low-cost airline told MTI on Tuesday. They stressed that in the travel period starting in April and ending at the end of September, they expect another outstanding result after […]

Biogas From Corn Stover Fed into the National Gas Grid

D&T
Jan 22, 2024

Almost 100% pure, plant fiber-based biomethane will be fed into the Hungarian natural gas network in cooperation between E.ON Hungária Group and Pannonia Bio Plc., E.ON told MTI on Monday. According to the information, Pannonia Bio buys more than one million tons of feed corn annually and three hundred thousand tons of barley almost entirely […]

GKI Economic Sentiment Index at 18-Month High

D&T
Jan 22, 2024

According to a survey conducted by GKI Economic Research Co. with the support of the EU, in the first month of the year household expectations improved significantly, while the outlook for the business sector deteriorated within the statistical margin of error compared to December. GKI’s economic sentiment index thus reached an 18-month high. Companies’ employment […]

Production Restarted at the Suzuki Factory in Esztergom

D&T
Jan 22, 2024

Magyar Suzuki announced on Monday that production at its Esztergom plant has restarted as planned, the Reuters news agency reported. The company had announced a week earlier, on Monday last week, that production of the Vitara and S-Cross models would be suspended in Esztergom from January 15 to January 22 after supply was disrupted by […]

Beer Consumption in Hungary Declined Last Year

D&T
Jan 22, 2024

Last year, Hungarian beer consumption fell by 10%, from 6.006 million hectoliters in 2022 to 5.4 million hectoliters, with a significant drop in imports and an increase in the share of domestic products, Sándor Kántor, director of the Association of Hungarian Beer Producers, told MTI. Based on the combined data of the five most important […]

Forty Galleries at the Art and Antique Art Fair

D&T
Jan 21, 2024

Around forty classic and contemporary galleries, auction houses and thousands of works of art will be on show at the Art and Antique Budapest art fair from February 29 to March 3 this year at the Bálna Budapest Event Center. Hungary's largest classical and contemporary art fair will feature paintings, sculptures, jewelry, special carpets, furniture […]

BUX Index Rose on Rising Turnover This Week

D&T
Jan 21, 2024

The Budapest Stock Exchange (BSE) share index, the BUX, closed Friday at a historic high of 64,580.87 points, up 1.5% or 952.74 points compared to last week's close, MTI reported this Sunday with a brief analysis of the week’s trading. The total weekly turnover of the stock market rose from HUF 65.335 billion to HUF […]

2023, a Very Successful Year for Budapest Airport

D&T
Jan 20, 2024

Despite the numerous challenges it had in store, 2023 was one of the most successful years in the history of Budapest Airport, the management company of the Hungarian capital's Ferenc Liszt International Airport A statement by the company stress that passenger traffic exceeded expectations last year, with 14.7 million passengers using Ferenc Liszt International Airport, […]

Wizz Air Carried Over 60 Million Passengers Last Year

D&T
Jan 19, 2024

Low-cost airliner Wizz Air has broken its previous passenger record in 2023, carrying more than 60.3 million passengers last year, an increase of around 32% compared to 2022; in Hungary, this represents 5.2 million passengers and a 29% increase compared to the previous year, the airline told MTI on Friday. In 2023, Wizz Air launched […]

Turkish Dance Performances in Budapest

D&T
Jan 19, 2024

MDTistanbul's contemporary dance performances Rosegarden and Dance Adrenaline will be presented at the National Dance Theater on January 24 and 25 as part of the Hungarian-Turkish Cultural Year 2024, the organizers told MTI on Friday. MDTistanbul, the Istanbul State Opera & Ballet Modern Dance Company, is coming to Hungary in cooperation with the Embassy of […]

Hungary's 1st Hydrogen Filling Station Opens, Free to Use

D&T
Jan 19, 2024

The first hydrogen filling station in Hungary, operated by Linde Gas Hungary Plc., has opened in Budapest, where 4,000 kilograms of hydrogen can be filled up after prior registration, it was announced on Friday. On the second day of the two-day international conference Hydrogen Open 2024, the Hungarian Hydrogen Technology Association signed a strategic cooperation […]

European Parliament seeks to limit Hungary's voting rights

D&T
Jan 19, 2024

In a decisive move aimed at safeguarding the core values of the European Union, more than 100 Members of the European Parliament (MEPs) have embarked on a journey to curb Hungary's voting rights within the bloc. Spearheading this endeavor is a collective effort to exert pressure on Hungarian leader Viktor Orbán, who has increasingly come […]

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