The AutoWallis Group's Retail Division increased its new car sales by nearly 20% in the first nine months of the year, while used car sales grew by 32%. The Wholesale Business of the region's leading car dealer and mobility provider has been steadily increasing its sales since last autumn compared to the same quarter last […]
Experts expect a strong end to the year on the real estate market, with the 9,754 transactions estimated by the real estate brokerage firm Duna House for September exceeding the previous month's value by 4.8% and the year-earlier value by 20.9%, the company told MTI on Monday. Duna House estimates that 92,000 transactions have been […]
A joint program of OTP Bank and the Budapest Stock Exchange (BSE) will provide dedicated training and events to support Hungarian companies preparing for listing on the stock exchange, the two institutions said in a joint statement on Monday. According to the information, those interested in the joint program of OTP Bank and BSE can […]
One in two companies plans to raise wages next year, but that is a lower proportion the one than this year, and every fifth company plans to increase the amount of the cafeteria allowance next year, according to a survey by the Profession.hu job portal. The portal has carried out its latest survey based on […]
More than three million foreign visitors came to Hungary in the summer months, 14% more than in the same period last year, Visit Hungary Plc., a subsidiary of the Hungarian Tourism Agency (MTÜ), has told MTI. Foreign guests spent almost eight million nights in Hungary in June-August, an increase of almost 6% year-on-year. After the […]
The MG brand continues to gain ground in the Hungarian new car market: its market share is on the rise and the dealer network is still expanding, according to importer MG Motor Hungary. At the beginning of October, a new dealership started selling MGs in Szekszárd, S Hungary, expanding the network to 25 dealerships, which […]
Hungary’s Törley winery plans to use half of its energy from renewable sources, halve its CO2 emissions by 2030 and reduce them to zero by 2040. Innovative developments in growing and production will also promote efficiency and sustainability, as well as mutually beneficial cooperation with nature, the company’s Managing Director Kornél Müller said in a […]
A new production line, which cost over HUF 1 billion, has been added at the Hungarian muesli production firm Cerbona, which now has four production lines, while the investment will double the company's production capacity for muesli bars. CEO Tamás Mészáros has said at a press conference that the investment was financed from own resources […]
Hungarian Prime Minister Viktor Orbán’s recent speech at the European Parliament ignited fierce reactions from EU lawmakers, as his stance on migration and his ties to Russia took center stage. Orbán, speaking as part of Hungary's rotating presidency of the European Council, called for a dramatic shift in how the European Union approaches migration, warning […]
Four SOR TNS 12 trolleybuses were put into service in the southeastern Hungarian city of Szeged on Thursday. At the ceremony, the CEO of the Hungarian Mobility Development Agency (HUMDA), Virág Mészáros said that there is no more important aspect in the field of mobility than sustainability. The four trolleybuses, which can cover a distance […]
The new 16,600-square-meter state-of-the-art production hall of the internationally owned ZF Chassis Modules Hungary was inaugurated in the Kecskemét Premium Industrial Park (KEPI) this Thursday. The state-of-the-art manufacturing building, developed by leading industrial real estate specialist Panattoni Hungary, was built under a build-to-suit (BTS) agreement with ZF Chassis Modules Hungary as a joint investment between […]
One of the most urgent sustainability challenges today is the dramatic rise in social inequalities and polarization, which also impact companies economically. Inequality is a consequence of our systems, and the solution lies in systemic transformation. Companies play an important role in this, primarily through their impact on employees and value chains. This was the […]
The Kempinski Hotel Corvinus Budapest has been recognized at two award ceremonies recently (the World Culinary Awards and the World Spa Awards), along with other Hungarian recipients (Felix Kitchen & Bar and Lua Resorts). At the World Culinary Awards (the sister event to World Travel Awards), which is celebrating its 31st anniversary this year, the […]
As of October 1, 2024, Serkan Hüsünbeyi took over as the new general manager of Budapest's premier luxury hotel Matild Palace. The distinguished professional joins the hotel with over two decades of outstanding management experience, during which he has gained extensive professional experience in some of the world's most renowned hotel chains. His appointment will […]
SAP Hungary has recently renewed its office lease agreement for over 18,000 square meters at Graphisoft Park, further demonstrating its commitment to its Hungarian operation, which has been hosted by the business park for 18 years. SAP was represented in the transaction by Colliers. Graphisoft Park, covering more than 80,000 square meters, is one of […]
