The stock index of the Budapest Stock Exchange (BSE) fell this week, closing at 66,093.62 points on Friday, 75.41 points or 0.11% lower than a week earlier, MTI reported this Sunday morning. The weekly turnover of the stock market was HUF 49.57 billion, compared to HUF 70.39 billion the previous week, with the leading stocks, […]
Based on the outlook of the Hungarian new car market, Ádám Rozgonyi, brand director of importer Porsche Hungaria SEAT, expects stagnation and a repeat of the 2023 volume in the sales of the SEAT and CUPRA brands this year. Last year, 2,761 units of the Volkswagen group's two brands were sold in Hungary, an increase […]
"Women's energy" will be the focus of this year's Gourmet Festival, which will welcome more than 100 exhibitors, including 35 restaurants and seven pastry shops, between May 24 and 26 at the Millenáris event center in Budapest, the organizers told MTI on Friday. According to the press release, the gastronomic event, which features the best-known […]
Danubius Hotels has renovated several of its hotels, and the hotel operator will continue its planned developments and modernizations in 2024, the company told MTI. This spring, the renewed guest rooms and spaces will be opened in three hotels: the Danubius Hotel Helia will be equipped with special suites unique in Budapest, the Danubius Hotel […]
OTP Bank's consolidated adjusted profit after tax for the last quarter of last year was HUF 229.987 billion, exceeding the average expectations, closing the year at HUF 1,008.583 billion, according to a release published on the website of the Budapest Stock Exchange (BSE) on Friday morning. Based on a summary of unaudited individual and consolidated […]
Hungary has openly declared its opposition to Mark Rutte, the outgoing Prime Minister of the Netherlands, becoming NATO's next secretary-general. The announcement was made by Hungary's Foreign Minister, Péter Szijjártó, during a press conference, marking a significant divergence from the support Rutte has garnered from NATO's most influential members. Rutte's candidacy, despite enjoying backing from […]
The Budapest Stock Exchange (BÉT), the Hungarian Business Leaders Forum (HBLF) and the Institute of Directors (IoD) have signed the Memorandum of Understanding (MoU), with which they support diversity in the decision-making bodies of domestic companies. Several organizations expressed their support for the initiative and joined as signatories: the British Chamber of Commerce in Hungary, […]
From April 29 to May 12, the 44th Budapest Spring Festival will take place, offering more than 40 events, including theater performances, exhibitions and concerts, in thirty venues. According to a statement from the festival organizers, this year's cultural events are also linked to the 20th anniversary of Hungary's accession to the European Union, with […]
Chef Roland Kelemen, commis Noel Fodor, coach László Szabó and team leader Bence Dalnoki will represent Hungary at the European finals of the Bocuse d'Or international cooking competition in Trondheim, Norway, on March 19-20. At the Hungarian team's press conference in Budapest on Wednesday, Bence Dalnoki recalled that the Hungarian success streak at the Bocuse […]
The Danish household goods retail chain JYSK will open two new stores in March, while two others will be renewed. The new stores will be opened in Bicske and Várpalota, bringing the total number of JYSK stores in Hungary to 98, the chain said on Wednesday, according to MTI. In addition to the opening of […]
Gedeon Richter Plc. has announced on the website of the Budapest Stock Exchange that it has signed an agreement with HELM AG, a Germany-based stock corporation (“HELM”) to buy 50% stake in Richter-Helm BioTec GmbH & Co. KG (“RHT”); and 30% stake in Richter-Helm BioLogics GmbH & Co. KG. (“RHB”) to become 100% owner of […]
As of 00.00 hours this Tuesday, Tamás Sulyok is the new President of the Republic in Hungary. He was elected President by the governing majority of Hungarian Parliament on February 26. He is the seventh President of the Republic since the change of regime in 1990. As his first activity as the new head of […]
The Sirha Budapest International Food and HoReCa Exhibition opened on Tuesday at the Hungexpo congress and exhibition center in the Hungarian capital. As Hungexpo CEO Gábor Ganczer highlighted in his welcome speech Hungexpo will host the most important players in the gastronomy of Hungary and the region this year, for the sixth time. He added […]
Viktor Boczán took over the position of Country Manager / CEO of Provident Financial Ltd. as of March 1, as his predecessor, Botond Szirmák will continue his career as the European CEO of the company, the company announced on Tuesday. The statement added that under the leadership of Botond Szirmák for 16 years, Provident Financial […]
From March, four highly successful shows, The Great Dictator, The Great Gatsby, Cabaret and The Seagull can be seen with English subtitles at the Vígszínház theater in Budapest. Stage adaptations of internationally well-known titles promise an exciting experience for foreigners living in Hungary and tourists visiting this country, the theater says in a statement. From […]
