A three-fold increase in the number of guests and guest nights due to the Balaton Sound, a significant increase in accommodation revenues during the Campus festival and EFOTT, or a week that produces 93% of the total monthly guest traffic thanks to the Valley of the Arts; domestic 'festival settlements' show outstanding tourism results. This […]
Based on the number of transactions, the previous month was the strongest month on the real estate market this year, surpassing July 2023 and 2022, the real estate broker Duna House announced. According to the real estate broker's estimate, 11,538 residential properties changed hands in July, which is an increase of 23.7% in monthly comparison […]
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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]
Hungary's GDP was boosted the most by the construction sector and real estate transactions, as well as by the balance of product taxes and subsidies, according to a report by the country's Central Statistical Office (KSH). The Central Statistical Office said Hungary's gross domestic product grew by an annual 1.5% in the second quarter of […]
The 39th Formula One Hungarian Grand Prix brought an explosive weekend to the capital, which was also enhanced by the Ed Sheeran concert on July 20. According to the data of the National Tourism Data Supply Center (NTAK), July 19-21. Budapest hosted 38% more foreign visitors and 36% more domestic travelers than last year. The […]
More people vacationed in Hungary this year than ever before: in the first two hundred days of the year, the number of tourists increased by nearly 12%, and the number of guest nights by almost 8% compared to last year, according to the Hungarian Tourism Agency (MTÜ). According to data from the National Tourism Data […]
The four new boats of Balatoni Hajózási Zrt. (Bahart Plc.) received prestigious international recognition just a few months after they were put in operation. The new boats won the world's most prestigious design award, the RED DOT Design Award, as well as the renowned international iF Design Award. The former can be won by excellence […]
77-year-old Pulitzer Memorial Prize-winning photographer, Tamás Révész co-authored a book with his teenage grandson living in New Jersey. Moreover, it recounts the first year of a poodle puppy's life, told from the perspective of the dog, narrated by the grandson, Joel Révész, and illustrated through the photographs of Tamás Révész, a photojournalist recognized with the […]
