As of this Thursday, Nova KBM and SKB banka successfully completed the legal merger. With the merger of the two banks, a new banking group has been created in Slovenia - OTP Skupina Slovenija, which complements banking services with leasing and factoring services of the subsidiaries SKB Leasing, SKB Leasing Select and Aleja finance, the […]
In the 2024/25 winter schedule starting on October 27, there will be four flights a week on the Beijing - Budapest route, the airline's Boeing 787-9 Dreamliners will operate on Mondays, Thursdays, Fridays and Sundays. In the winter schedule, the airline continues to fly once a week between Chongqing and the Hungarian capital, also with […]
Kempinski Hotel Corvinus Budapest is introducing a new limited-edition aperitivo menu at Blue Fox The Bar in collaboration with luxury expert Balázs Pécsi. This special menu is available from August 21 to September 30, 2024. The cocktails and accompanying snacks are designed to evoke the grandeur of one of Hungary’s golden eras, the magnificent reign […]
The first rural Hilton hotel in Hungary has opened in Debrecen, E Hungary. The Hilton Garden Inn Debrecen City Center awaits its guests in the immediate vicinity of Kálvin square with the city's first sky-bar roof terrace. On August 15, the first rural Hilton hotel in Hungary, the Hilton Garden Inn Debrecen City Center, opened […]
As the mercury rises, so do Hungary's property prices and rents. Budapest, the crown jewel of Hungarian real estate, continues to dazzle with average costs per square meter soaring above HUF one million (EUR 2,534). But it's not just the capital feeling the heat – the entire country is experiencing a property price surge that's […]
60% of borrowers already provide for the amount needed for the start of school in June and July, which is indicated by the steady increase in the number of loan applications citing financial difficulties in starting school, while the number of those who finance the start of school with a loan has slightly decreased compared […]
With the rise of trends such as the globalisation of business, teleworking and coworking, the technologies to support employees have evolved significantly, changing the physical space they need. Smart building technologies are becoming a key enabler in more and more offices because the connectivity they provide allows employees to make more efficient use of space […]
One in three travellers will be relaxing on Lake Balaton on August 20. Siófok, Hajdúszoboszló, Hévíz, Eger and Szeged attract the most guests during the four-day long weekend, according to the accommodation portal Szallas.hu. Almost half of the bookings are for three nights, accounting for roughly half of the total number of nights for the […]
Athletes returning home from the Paris Olympics were surprised with a never-before-seen, limited edition, special golden Túró Rudi (chocolate-coated curd chese bar). The "Hajrá Magyarok! Trikolór Túró Rudi" ['Go Hungarians! Tricolor Túró Rudi'] was presented in gold packaging and a special gift box by Wizz Air flight attendants to Hungarian Olympians on board the 'golden […]
The Budapest-based medical higher education institution Semmelweis University has moved up 12 places from last year in the recently published U.S. News 2024-2025 Best Global Universities Rankings to 31st position in cardiac and cardiovascular systems. This year, the university has been listed in 14 medical and health sciences disciplines and is ranked number one in […]
Indotek Group, a Budapest-based European real estate investment and asset management company, has acquired the Espacio León shopping center owned by US fund management company Blackstone Inc. for almost EUR 50 million, the real estate investor told MTI on Monday. According to a statement from Indotek, the acquisition of one of the leading retail centers […]
The electricity company E.ON is building a new battery energy storage facility in Soroksár (a southern Budapest district). The site will enable the connection of new solar systems and increase security of supply. According to the company’s statement, the storage facility will be capable of storing around six megawatt-hours (MWh) of energy generated by 350 […]
Rossi Biofuel Plc., partially owned by the Hungarian oil and gas company Mol, is already capable of producing more than 200,000 tons of biofuel per year. A statement issued on the occasion of the International Day of Biodiesel points out that the Mol Group, through its long-term strategy called "shape tomorrow," is increasingly focusing on […]
Raiffeisen Bank Plc. closed the first half of this year with a consolidated after-tax profit of HUF 51.4 billion, which is 73% more than in the same period last year, the financial institution reported on the website of the Budapest Stock Exchange (BÉT). According to the company's business report, the main reason for the increase […]
Hungary's inflation rate inched up in July, surpassing the top end of the central bank's target range and narrowing the room for the continuation of its more than yearlong monetary-easing cycle. After two months of stagnation in the monthly rate of price increases, the pace of one-month inflation shows the same dynamic as the one […]
