The role of employer branding in the corporate sector to find and retain employees will continue to grow: 47% of companies surveyed will increase their employer branding budgets in 2025, despite the economic challenges, according to the Brandfizz Employer Branding Compass National Employer Brand Survey sent to MTI. The survey says only 7% of those […]
The Hungarian energy distribution company ALTEO Plc. has announced on the website of the Budapest Stock Exchange that it signed this Friday business quota sale and purchase contracts with the Hungarian company Pannonia Bio Plc. and the Spanish firm CEOLICA HISPANIA for the acquisition of 100% of the business quota of the Hungarian renewable energy […]
More than 700 female students took part in the TechCsajok [‘TechGirls] career orientation event in Budapest and Debrecen, presenting the possibilities of engineering careers, the German-Hungarian Chamber of Industry and Commerce (DUIHK) has told MTI . DUIHK has been organizing the career orientation roadshow since 2017 with the support of its member companies to promote […]
Hungary's economy faces a challenging third quarter with zero growth expected and the forint at an 18-month low against the euro. This gloomy outlook could force the central bank to maintain current interest rates for an extended period. Deputy Governor Barnabás Virág of Hungary's central bank signaled a potential pause in interest-rate cuts at a […]
The Mol Group and Turkish Petroleum Corporation (TPAO) signed a Memorandum of Understanding in Istanbul to work together as strategic partners in the field of hydrocarbon exploration and production, the oil and gas group has announced. The statement says the companies are taking their cooperation in Turkey to a new level after successful joint international […]
Developing financial literacy and self-care is of paramount importance in improving the quality of life, especially in social groups where adults, even if they have their own income, lack financial security. The Hungarian Interchurch Aid organization (HIA) and Provident Financial Ltd. have been working together as strategic partners for two years now to give as […]
After several years of renovation, the iconic Art Nouveau building, once known as the Grand Hotel Milano, is set to open in one of the hearts of Italian luxury, towering over Lake Como. The historic building will soon be revitalized as the Nuvole Garden, with a vision by Hungarian designer Zoltán Varró. According to a […]
The Hungarian company PannErgy sold 163,101 gigajoules (GJ) of heat in the third quarter, 5.3% more than in the same period last year, the company said in its production report published on the Budapest Stock Exchange (BSE) website on Tuesday, while confirming the expected achievement of its consolidated EBITDA (earnings before interest, tax, depreciation and […]
Long-term demographic trends have an impact not only on the working-age population but also on future pensioners. Currently, there are 1 million 998 thousand old-age pensioners in Hungary, a number that is set to grow significantly in the coming years. How does this affect the sustainability of the pension system? That is the question the […]
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 […]
