More coffee, accessories and other products than ever before from around fifty exhibitors, barista championships and twelve accompanying programs await the 14th CoffeeBar Bazaar on Saturday and Sunday in Hall B of Millenáris Park in Budapest. Visitors to the country's largest coffee festival can sample exhibitors' products for free with the purchase of a ticket. […]

The 46th Travel Exhibition and 32nd Budapest Boat Show opened at the Hungexpo Budapest Congress and Exhibition Center on Thursday. The focus of the exhibition this year is on active and adventure tourism. Klára Tihanyi, Director of the Utazás+ Exhibition, added that the Utazás+ Exhibition will be organized in a renewed form and content this […]

AutoWallis Distribution, a subsidiary of the AutoWallis Group, will be the wholesale distributor of the Opel brand in Hungary, Bosnia and Herzegovina, Croatia and Slovenia for another five years, at least until the end of 2028, the AutoWallis Group told MTI on Thursday. Gábor Ormosy, CEO of AutoWallis Plc, said in a statement that the […]

The renowned Hungarian artist Tivadar Csontváry Kosztka's priceless painting of the Moon in Taormina, which has not been seen by the public for a long time, will be included in the exhibition entitled Rome - Budapest, opening at the Judit Virág Gallery this Thursday, the gallery told MTI on Wednesday. According to the statement, the […]

Gábor Földvári, the CEO of Nap Plc., the stock exchange company that owns and operates solar power plants, discussed the potential role of wind power plants at a briefing on Wednesday. Electricity consumption has fallen significantly in the past year. The weather has been kind and everyone has started to save energy. However, savings measures […]

According to a decision of the Minister of National Economy, 18 new logistics parks will be created in Hungary, the Ministry of National Economy said in a statement quoted by the financial news site portfolio.hu. The Hungarian government has created the legal framework for logistics parks in 2023, and the new certification system aims to […]

Veolia Invest Hungary and Uniper Group signed a sale and purchase agreement for the acquisition of 100% of the shares of Uniper Hungary Energetikai Ltd. The purchase of the company, which owns and operates the Gönyű power plant, Hungary's most modern and one of the largest combined cycle gas turbine power plants, fits well into […]

The 200th aircraft has arrived in Wizz Air's fleet, reducing the average age of the airline's fleet to 4.2 years, the company told MTI on Tuesday. The new Airbus A321neo will be based at London-Luton Airport. The Airbus A321neo aircraft's avionics offer significant environmental benefits. The model can now fly on up to 50% sustainable […]

Since last August, double capacity has been available on the apron of the BUD Cargo City, enabling the concurrent handling of four code F aircraft. In December, another milestone was reached in the development of the complex, and February saw the handover of the 10,000 square meters of new warehouse space, which, together with offices […]

The Budapest Stock Exchange's (BSE) share index, the BUX, rose by 786.77 points, or 1.21%, to end the week at 65,769.75 points, compared to last Friday's close, MTI reported Sunday morning along with a brief analysis of the week’s trading, Total turnover rose from HUF 37.747 billion to HUF 49.618 billion on a weekly basis, […]

According to the fourth quarterly survey of the K&H SME Confidence Index 2023, which indicates the expectations of micro, small and medium-sized enterprises in Hungary for the upcoming period, the turnover of companies may again rise above the annual inflation rate this year, K&H told MTI on Friday. The bank has been continuously compiling the […]

Swiss-owned Nestlé implements yet another investment in its pet food plant in Bük. As a result of the development in value of HUF 55 billion, 130 new jobs are expected to be created, whereas the output to go up by over 50,000 tons a year. The project marks the last phase of a series of […]

Hungary's economic landscape has shown signs of strain, with the last quarter's performance failing to meet analyst expectations and casting a shadow over the 2024 outlook. Despite previous rebounds, the nation's economy hit a snag, marking a concerning pause in its recovery trajectory. The Central Statistics Office (KSH) revealed a stagnant year-on-year output in the […]

54% of CEOs in Hungary are confident that the global economy will grow faster in 2024, while 60% are confident that the domestic economy will improve, after last year's record pessimistic year, according to the 13th edition of PwC's CEO survey in Hungary. The survey of 297 Hungarian CEOs found that 22-22% expect a slowdown […]

Driving habits are changing, with 25-30% more people using car-sharing last year than a year earlier, the Future Mobility Alliance told MTI on Thursday. According to their data, vehicles by the three big Hungarian carsharing providers – GreenGo, wigo and Mol Limo – have covered more than 70 million kilometers with their cars since their […]