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March 2024

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39 Airlines Offer 130 Direct Destinations from Budapest

D&T
Mar 31, 2024

The new schedule that came into effect on March 31, the start of daylight saving time, at Budapest’s Ferenc Liszt International Airport allows passengers to choose from 130 direct destinations courtesy of 39 airlines in the summer season. A statement by the airport’s management company Budapest Airport says that its route development team and the […]

BUX Index Strengthened This Week on Falling Turnover

D&T
Mar 31, 2024

The stock index of the Budapest Stock Exchange (BSE) strengthened this week on the back of falling turnover. The BUX closed at 65,384.60 points on Friday, 147.67 points, 0.23% higher than a week earlier, MTI reported this Sunday morning. Turnover on the stock market was HUF 39.493 billion, up from HUF 53.746 billion the previous […]

Easter Specialty in Tapolca: Egg Park

D&T
Mar 29, 2024

The egg park in the center of the Western Hungarian town just north of Lake Balaton has been decorated again this year, with a two-meter-high egg even bigger than last year's, advertising the town's attractions. In addition to decorating the park's tree with weatherproof eggs, enthusiastic members of the Women's Club also set up an […]

Hungarian Insider Alleges Political Corruption with Damning Audio Leak

D&T
Mar 29, 2024

Péter Magyar, a former political insider of the Hungarian government, has triggered a political scandal with the release of an explosive audio recording. The recording, which Magyar claims features the voice of his ex-wife and former Justice Minister, Judit Varga, details an alleged conspiracy among top officials to erase evidence of corruption from court records. […]

Balaton Sailing Season Kicks Off with New Ships

D&T
Mar 28, 2024

The inauguration ceremony of four new ships (two catamarans and two ferries) of Balaton Navigation Ltd (Bahart) was held in Siófok. The development, the first of such in 40 years, could give a new boost to tourism on Lake Balaton. Bahart CEO Gábor Veigl said that the new vessels meet the highest environmental standards, are […]

New Logistics Hall Development Near Debrecen

D&T
Mar 28, 2024

The Belgian-Hungarian owned Weerts Logistics Park (WLP) HUR One Ltd. is building a logistics hall of nearly 55.000 sqm in Ebes, close to the eastern Hungarian city of Debrecen. The groundbreaking ceremony took place this Wednesday. A statement by WLP says it is the first investor with foreign interests to speculatively develop the Hajdú-Bihar-County headquarters […]

Number of Tourism Nights and Tourist Arrivals Up

D&T
Mar 28, 2024

In February 2024, 883,000 guests spent 2.2 million tourism nights at tourist accommodation establishments (commercial, private and other accommodation establishments) in Hungary, the Central Statistical Office reports. The number of guests was 23% higher and that of tourism nights 19% higher than a year earlier. The number of nights spent by domestic guests increased by […]

Stadler Intercity Electric Multiple Units for GYSEV

D&T
Mar 27, 2024

Stadler and Győr-Sopron-Ebenfurti Vasút (GYSEV) Plc. have signed a contract for the supply of nine plus optionally four FLIRT Intercity electric multiple units. The vehicles will be operated by the railway company on the Sopron-Budapest and Szombathely-Budapest routes from 2027, Stadler Trains Hungary Plc. informed MTI on Wednesday. In the statement, the signing of the […]

Over 100 International Experts at the Hungarian Wine Summit

D&T
Mar 27, 2024

More than a hundred foreign professionals will be able to learn about Hungarian wine at this year's Hungarian Wine Summit, an international professional event in Budapest from April 21 to 25, and on wine region study tours organized by the Hungarian Wine Marketing Agency (MBÜ). Anita Pusztai, Marketing Director of MBÜ, presented the program of […]

Museum May Fest Again at the Hungarian National Museum

D&T
Mar 27, 2024

The Hungarian National Museum (MNM) will organize the May fest of Museums for the 27th time, on May 25-26. The professional programs and workshops of the country's largest museum event are in the spirit of the motto of ICOM, the International Council of Museums – Museums for Education and Research. In addition to the professional […]

CIB Group: 2023 Financial Year with Record Profit

D&T
Mar 26, 2024

CIB Group closed the 2023 financial year with record profits, with profit after tax reaching HUF 63.9 billion, up nearly 80% year-on-year, the financial institution told MTI on Tuesday. As the statement highlights, CIB Group's net operating income amounted to HUF 169.6 billion, up from HUF 135.6 billion in the previous year, while profit before […]

Rheinmetall Plant to Be Built in Szeged

D&T
Mar 26, 2024

The foundation stone of the new factory of the German automotive and arms manufacturer Rheinmetall was laid in Szeged, SE Hungary this Tuesday. At the event, Christoph Müller, head of the Rheinmetall Power Systems division, said the Szeged plant will be the group's first hybrid site, where civil business and defence technology activities will be […]

Social Innovations for a Future-Proof Labor Market

D&T
Mar 26, 2024

Human values in the economy and social innovations at companies were the main topics discussed at the latest Business Breakfast and Professional Forum by the Business Council for Sustainable Development in Hungary (BCSDH) held this Tuesday at one of the locations of the National Bank of Hungary in Budapest. A third of the world's workforce […]

World Francophone Day: Exhibition in Budapest

D&T
Mar 25, 2024

The exhibition, organized by the Hungarian National Assembly, brings together the Francophone countries, demonstrates the plurality of the world and the cultural relations of the Francophone countries with Hungary, said Jean-Francois Paroz, Ambassador of the Swiss Confederation in Budapest and this year's President of the Francophone Ambassadors' Circle. According to the ambassador, all countries strive […]

Hollókő Easter Festival This Week-End

D&T
Mar 25, 2024

This year the Hollókő Easter Festival will be a four-day event, with programs starting on Friday in the Nógrád County World Heritage village, the executive director of the Hollókő World Heritage Management Nonprofit Ltd., Boglárka Bakos informed MTI on Monday. She stressed that visitors are expected with a rich folklore program, Palóc gastronomy, folk customs, […]

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