JYSK's distribution center in Ecser is now serving six countries. The center, which was built with an investment of EUR 200 million, is the largest of its kind in the country, with two fully automated high-bay warehouses over 40 meters high, the store chain told MTI. The high-tech base, which was inaugurated in 2022, serves […]
The stock index of the Budapest Stock Exchange (BSE) declined on the week, closing at 66,169.03 points on Friday, down 94.15 points or 0.14% from a week earlier, MTI reported Sunday morning along with a brief analysis of the week’s trading. The weekly turnover of the stock market was HUF 70.39 billion, up from HUF […]
The Hungarian-owned Hotel & More Group, an independent hotel operator, doubled its revenue in 2023, and expects double-digit growth this year, the group told MTI. According to Balázs Klemm, the owner-CEO, this year can be an extremely good year for Hungarian hotels, thanks to the exceptionally high number of seven long weekends, while a significantly […]
The energy company ALTEO achieved outstanding results in 2023, as a proof its strategy was updated at the beginning of 2022 and its implementation are successful and effective, where environmental and social sustainability plays a key role in addition to business considerations, the company has announced on the website of the Budapest Stock Exchange. The […]
Colette Matz takes over from Matt Zeller as Country President of Novartis Hungary in March 2024. The new leader brings more than 20 years of experience in the pharmaceutical industry. Most recently, she was Head of the Neuroscience Therapeutic Area at the Swiss company's Italian affiliate, the company has announced. Colette Matz has had a […]
György Matolcsy, the Governor of the National Bank of Hungary, has vehemently criticized the government's latest proposal, which he perceives as a direct assault on the institution's independence. This latest clash deepens the rift between Prime Minister Viktor Orbán’s administration and the country’s chief banker. During an event at the Budapest Stock Exchange, Matolcsy articulated […]
