Trustify Investment Fund Management is providing funding for the development of a 40 megawatt solar park and related storage capacity in Kiskunhalas, the company's communications agency told MTI on Monday. According to the NEST Communications agency, the private equity fund management company is primarily looking for capital investment opportunities that focus on the production and […]
According to the empirical survey conducted by GKI Economic Research Co. with the support of the EU, the outlook for the business sector deteriorated further in December, but consumers became slightly more optimistic. GKI’s business climate index has been falling in small steps but essentially flat in the second half of this year, slipping to […]
Suzuki Motors' former chairman and CEO, Suzuki Osamu has died at the age of ninety-four, the Japanese automaker announced on Friday. The former Suzuki leader died on Wednesday of lymphoma, the company said in a statement. He joined Suzuki in 1958, a company founded by his wife's grandfather, and rose through the ranks to become […]
Hungary’s fiercely anti-immigration government is halving the number of guest worker permits to be issued in 2025. With an aging population and a reliance on labor-heavy industries, experts worry that the country may face a critical labor shortage. "Hungary belongs to Hungarians; it will neither become a guest worker country nor a migrant country," the […]
WABERER’S INTERNATIONAL Plc. has announced that it signed a sale and purchase agreement this Monday to acquire a 62.5% stake in GYSEV CARGO Plc. and committed to a further capital increase in GYSEV CARGO after the closing of the transaction – in the expected value of cca. HUF 2 billion – to develop the railway […]
Gránit Bank has carried out the largest public offering of shares in Hungary in the last 25 years, the founder and CEO of Gránit Bank Plc., Éva Hegedüs said on Monday after the bank's shares were launched on the standard category of the Budapest Stock Exchange (BSE) with a symbolic bell. Éva Hegedüs stressed that […]
The operator of the Hungarian capital’s Ferenc Liszt International Airport, Budapest Airport, which is part of the VINCI Airports network, considers it a priority to help the disadvantaged, and has made awareness-raising and education, as well as the development of the surrounding areas, a central part of its responsibility strategy, the company says in its […]
During the Christmas and New Year holiday period, ORLEN Hungary continues to ensure the convenience of its customers, providing them with the opportunity to purchase the products they need quickly and conveniently. In the nationwide network, drivers can not only refuel and even buy last-minute gifts, but also get essential groceries at 70 DESPAR service […]
The surplus of the external trade in goods was EUR 1.0 billion, compared to the previous month, the adjusted volume of export lessened by 1.3%, that of import by 1.4%, the Hungarian Central Statistical Office (KSH) reports. The volume of export lessened by 0.3% and that of import surpassed the same period of the previous […]
As in previous years, the retail chain opened ten new stores in Hungary this year and intends to maintain this pace of development in the future, the company told MTI on the occasion of the opening, on Friday, of its 182nd store in Hungary. The supermarket chain's newest store is also its largest: the store […]
The Ferenc Liszt International Airport of the Hungarian capital recorded extremely strong passenger traffic in November, with a total of 1,401,245 passengers using it, which is not only 22% higher than last year’s figures, but also 10% higher than the previous record-breaking November of 2019. At the same time, cargo traffic hit all-time high, the […]
Wander through the charming historic streets, indulge in festive punch and Christmas delights and soak in the enchanting holiday atmosphere of Bratislava, illuminated by twinkling lights. Experience the magic of Advent concerts, vibrant Christmas markets, and a fun-filled program for children. Christmas in Bratislava is an experience you don’t want to miss! Visitors are encouraged […]
BYD, the Chinese manufacturer of all-electric cars categorized under the collective name New Energy Vehicles (NEV), is expanding its Hungarian sales and service network with three new dealerships, company announced in a statement sent to MTI. At the official signing ceremony in Budapest, Michael Shu, Managing Director of BYD Europe, signed an agreement with three […]
Hungary is setting the stage for a leadership change at the helm of its central bank, as Finance Minister Mihály Varga prepares to step into the role of governor for the National Bank of Hungary. At his parliamentary confirmation hearing, Varga struck a reassuring tone, emphasizing his commitment to the central bank’s independence and the […]
Preparations for the construction of the new terminal have started this year. “Based on the results so far, we can already see that we will handle a record number of passengers at the airport by the end of this year, which is not surprising, as Budapest and Hungary are becoming increasingly popular worldwide and more […]
