According to a survey conducted by GKI Economic Research Co. with the support of the EU, in the first month of the year household expectations improved significantly, while the outlook for the business sector deteriorated within the statistical margin of error compared to December. GKI’s economic sentiment index thus reached an 18-month high. Companies’ employment […]
Magyar Suzuki announced on Monday that production at its Esztergom plant has restarted as planned, the Reuters news agency reported. The company had announced a week earlier, on Monday last week, that production of the Vitara and S-Cross models would be suspended in Esztergom from January 15 to January 22 after supply was disrupted by […]
Last year, Hungarian beer consumption fell by 10%, from 6.006 million hectoliters in 2022 to 5.4 million hectoliters, with a significant drop in imports and an increase in the share of domestic products, Sándor Kántor, director of the Association of Hungarian Beer Producers, told MTI. Based on the combined data of the five most important […]
Around forty classic and contemporary galleries, auction houses and thousands of works of art will be on show at the Art and Antique Budapest art fair from February 29 to March 3 this year at the Bálna Budapest Event Center. Hungary's largest classical and contemporary art fair will feature paintings, sculptures, jewelry, special carpets, furniture […]
The Budapest Stock Exchange (BSE) share index, the BUX, closed Friday at a historic high of 64,580.87 points, up 1.5% or 952.74 points compared to last week's close, MTI reported this Sunday with a brief analysis of the week’s trading. The total weekly turnover of the stock market rose from HUF 65.335 billion to HUF […]
Despite the numerous challenges it had in store, 2023 was one of the most successful years in the history of Budapest Airport, the management company of the Hungarian capital's Ferenc Liszt International Airport A statement by the company stress that passenger traffic exceeded expectations last year, with 14.7 million passengers using Ferenc Liszt International Airport, […]
Low-cost airliner Wizz Air has broken its previous passenger record in 2023, carrying more than 60.3 million passengers last year, an increase of around 32% compared to 2022; in Hungary, this represents 5.2 million passengers and a 29% increase compared to the previous year, the airline told MTI on Friday. In 2023, Wizz Air launched […]
MDTistanbul's contemporary dance performances Rosegarden and Dance Adrenaline will be presented at the National Dance Theater on January 24 and 25 as part of the Hungarian-Turkish Cultural Year 2024, the organizers told MTI on Friday. MDTistanbul, the Istanbul State Opera & Ballet Modern Dance Company, is coming to Hungary in cooperation with the Embassy of […]
The first hydrogen filling station in Hungary, operated by Linde Gas Hungary Plc., has opened in Budapest, where 4,000 kilograms of hydrogen can be filled up after prior registration, it was announced on Friday. On the second day of the two-day international conference Hydrogen Open 2024, the Hungarian Hydrogen Technology Association signed a strategic cooperation […]
In a decisive move aimed at safeguarding the core values of the European Union, more than 100 Members of the European Parliament (MEPs) have embarked on a journey to curb Hungary's voting rights within the bloc. Spearheading this endeavor is a collective effort to exert pressure on Hungarian leader Viktor Orbán, who has increasingly come […]
The Hungarian Hydrogen Technology Association's two-day international conference 'Hydrogen Open 2024' focuses on green hydrogen at the Mol Campus building in Budapest. In his opening speech, Gábriel Szabó, Group Downstream Managing Director at the oil and gas company Mol, said that Mol's priority goal is to accelerate the green energy transition in the Central and […]
Under the long-term contract signed at the end of 2023, Autoneum will take possession of a newly-developed hall of more than 5,000 square meters in the second half of 2024 in the CTPark Komárom industrial and logistics park, in addition to the almost 13,000 square meters of space it already uses, CTPark said in a […]
The premium segment is a strong and stable segment of the Hungarian new car market, and BMW Group Hungary has taken the lead with sales of 5,921 units in 2023, the company said at a press conference in Budapest on Thursday. Managing Director Zoltán Gombos said that among the group's brands, BMW's sales reached 5,243 […]
FE-Group Invest Plc., a subsidiary of Alteo, has won a HUF 300 million grant for the technological support of the transition to circular economy of waste from products subject to product fees under the return system introduced from January 2024, the company told MTI on Thursday. According to the press release, the non-refundable subsidy won […]
Audi Hungaria Plc. broke its ten-year production record in 2023 by producing nearly 178,000 vehicles and more than 1.66 million engines, the company told MTI on Wednesday. The Győr-based company said in a statement that 177,775 vehicles were produced last year, up from 171,134 the year before, while 1,660,425 engines were manufactured in Győr, up […]
