The circular economy is a global imperative: it transcends geographical borders and requires cooperation between nations, organizations and stakeholders from different backgrounds. This key message was at the heart of the seventh Circular Economy Hotspot Summit this Thursday, a statement by the Business Council for Sustainable Development in Hungary (BCSDH) says. It was announced there […]

Thanksgiving is one of the most beautiful holidays of the year, when families and friends gather with their loved ones to give thanks for prosperity and shared moments. Traditionally, the centerpiece of the festive table is the roast turkey, which the dedicated team at Spago Budapest prepares again this year to eat it on the […]

South Korea’s food industry giant, CJ Foods, has chosen Hungary as the site for its first Central and Eastern European production facility. The company, renowned for its global production and distribution of staple foods, appetizers, and ready-made meals, has chosen Dunavarsány for this EUR 80 million greenfield project. The plant and logistics center set to […]

What does it mean to be well at a corporate and individual level? How do we impact not only profits but also mindset change? What makes a good leader and how to motivate employees? These were some of the topics on which leading figures in Hungarian business shared their thoughts on November 18 at a […]

EY, one of the world's leading providers of audit, tax, legal, strategy, transaction and business advisory services, has forecast a slowdown in global demand for pure electric, hybrid and plug-in vehicles (EVs) this year, but the firm's leading partner in its automotive industry group says the slowdown is expected to be temporary and manufacturers could […]

The first cargo flight arrived at Debrecen International Airport on Tuesday, the airport operator Debrecen International Airport Ltd. (DIA Ltd.) informed MTI in a statement. About 30 tons of e-commerce goods arrived with the Boeing 757 aircraft from China via Georgia. MTI was told that the plane's cargo will continue its journey by road to […]

Car-sharing service provider GreenGo is opening a new airport zone near the entrance to Terminal 2 of Ferenc Liszt International Airport in the so-called Holiday Parking, the company has told MTI. GreenGo has been offering a solution for getting to the airport for years: free shuttle buses provide access to the terminal entrance from the […]

At its meeting on 19 November 2024, the Monetary Council of the National Bank of Hungary (MNB) reviewed the latest economic and financial developments and decided on leaving unchanged the central bank interest rate at 6.50% with effect from November 20, 2024. According to a statement by the Monetary Council, the primary objective of the […]

Organized by the Hungarian Orchid Society in collaboration with the Embassy of Ecuador in Hungary, the Hungarian Agricultural Museum in Budapest has recently hosted the "Mysterious Orchids of Ecuador" Orchid and Bromeliad Exhibition. The event was attended by members of the diplomatic corps, local authorities, business representatives, and the general public. Ecuagenera, an Ecuadorian company […]

Assets under management in investment funds increased by 1.9% to HUF 325 billion in October, meaning that at the end of the month members of the Association of Investment Fund Managers and Asset Managers in Hungary (Bamosz) managed HUF 17,214 billion in investment funds, the association has told MTI. Money market funds lost HUF 5 […]

Lidl Hungary would increase the number of its Hungarian stores from the current 210 to 250 in the next few years, with the chain opening its newest store in the capital's agglomeration, the chairman of the board of Lidl Hungary, Zita Szlavikovics has said at a press conference in Budapest. Speaking at the event organized […]

The AutoWallis Group achieved record Q3 revenue, the main driver of which continues to be the Retail Business Unit with its above market average growth of 16%. The revenue of the Group, present in 16 countries in the region, grew to HUF 291 billion and its EBITDA topped HUF 14 billion. The AutoWallis Group increased […]

For the seventh year running, JYSK stores across the country are closed for Christmas. This year, the Danish home furnishing chain, which has more than 900 active employees in its domestic retail business, has won several prestigious employer awards - and the closure is in their interests. JYSK has also seen a steady stream of […]

In addition to a basic salary, it is privacy and a supportive, friendly atmosphere that count when choosing a job, according to the eighth edition of PwC's Labor Market Preference Survey, which this year attracted more than 90,000 experienced employees, university students and students in public education or vocational training. The Most Attractive Workplace of […]

Mastercard launched its second Green Friday campaign, this year, the objective is to promote conscious food shopping and nutrition. Several Hungarian banks have joined the initiative, the credit card company's statement said on Friday. "The focus of this year's Green Friday is on sustainable food shopping and nutrition, as it is clear that many of […]