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August 2024

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Budapest Airport Closes Record First Half Year 

D&T
Aug 1, 2024

Breaking the all-time record for June, more than 1.5 million passengers used Ferenc Liszt International Airport in the sixth month of the year. This brings the total traffic for the first half of the year to 7.9 million passengers, which is almost 7% higher than the first half of 2019, the record year before the […]

Hungarian Firm Acquired by Romania's Sameday

D&T
Aug 1, 2024

Romanian courier service company Sameday has acquires the Pactic group, the transaction has been approved by the relevant authorities. Pactic, based in Budapest, is a company providing integrated logistics services, which handled around 3.5 million deliveries in 2023. "We believe in borderless delivery services that provide the same high-level experience to customers in Romania, Hungary […]

Andy Vajna | Dávid Harangozó

Andy Vajna Memorial Day

D&T
Aug 1, 2024

Hollywood producer Andy Vajna was born 80 years ago, on August 1, 1944, and to mark the occasion, the Hungarian Hollywood Council (MHT) has declared August 1 as Andy Vajna Memorial Day. According to Balázs Bokor, President of the MHT, Andy Vajna did a lot to bring Hungary back to the forefront of world cinema […]

Over 3,000 Passenger Cars in the Corporate E-Car Program

D&T
Aug 1, 2024

So far, more than 3,400 companies have requested funds for the purchase of green vehicles, the requests received so far together cover more than half of the total amount of HUF 30 billion, around HUF 16 billion, the Ministry of Energy (EM) reported. The largest proportion of subsidies were requested for passenger cars, this category […]

OTP Bank Romania Sold to Banca Transilvania

D&T
Aug 1, 2024

The OTP Group closed the sale of OTP Bank Romania and other Romanian subsidiaries with the buyer Banca Transilvania (BT). The transaction was approved by the Romanian Competition Authority and the Romanian National Bank. The purchase of OTP Asset Management by Banca Transilvania is in the final approval process. In February of this year, the OTP Group and Banca Transilvania announced […]

Wizz Air to Launch Four New Flights Later This Year

D&T
Aug 1, 2024

Low budget air carrier Wizz Air will launch four new flights this fall thanks to the expansion of its fleet in Budapest: from October it will be directly accessible by plane to Genoa, Girona, Marrakech, and from December to Memmingen. In addition, Wizz Air is increasing the frequency of its flights on several popular routes, […]

Shorter Sales Time on the Housing Market

D&T
Aug 1, 2024

The fact that the time required to sell residential properties has decreased clearly shows the revival of the housing market, the Hungarian real estate site ingatlan.com reported. Based on their data, the apartments offered for sale in the second quarter were sold in an average of 94 days, while in the first quarter it took […]

Award for Aluminum-Boxed Hungarian Water

D&T
Aug 1, 2024

Hungarian FloeWater's bottled water was a major success on the international market, winning the prestigious Monde Selection gold medal. This new, revolutionary product, which appeared on the market this year, was also proven before the experts of the food certification institute, the company said in a statement. Operating since 1961, Monde Selection, one of the […]

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