Efforts to promote responsible alcohol consumption are paying off: recent findings from international research by HEINEKEN and the University of Oxford show a radical change in the way consumers – especially young people – approach non-alcoholic beverages. The role of group norms and traditions is increasingly being replaced by an embrace of personal values, leading […]
MVM Paks Nuclear Power Plant Plc. closed 2024 with the fifth highest production result in its history, with the plant's four units producing a total of 16,016.6 GWh of electricity, which is almost half of the gross Hungarian electricity production and one third of the gross domestic consumption, the company informed MTI on Tuesday. The […]
Consumer prices were 5.5% higher on average in Hungary in January 2025 than a year earlier. Over one month, consumer prices rose by 1.5% on average, within which motor fuels became 2.7% more expensive, the Central Statistical Office (KSH) reports. In 12 months, compared to January 2024:A price increase of 6.0% was recorded for food, […]
Housing prices in Hungary rose by more than 9% in January compared to a year earlier, a faster increase than expected, real estate.com reported on Monday, based on data from its January house price index. The housing price index, which is based on the number of advertisements posted on the real estate advertising portal, shows […]
78% of Hungary's 100 largest companies prepared a sustainability report last year, and their performance in terms of emissions was better than the global average, KPMG said on Monday. According to the consultancy's international survey, the leading domestic companies are performing in line with the global average in sustainability reporting, although the majority of them […]
Though not all the U.S. presidents have left a deep imprint on world affairs, Donald J. Trump’s presidency promises to be consequential. The 47th President has a larger elbow room than the 45th had: Donald J. Trump does not need worry about the next presidential election personally – that is another question that a responsible […]
Dozens of programs – including festivals, balls, costume parades, cycling tours and car rallies – await visitors to Lake Balaton during the carnival period, the Balaton Tourism Association told MTI on Saturday. In their statement, they wrote that this year, at least thirty to forty carnival events and winter carnival balls will lure visitors to […]
Viktor Boczán, who has been the Chief Executive Officer of Provident Hungary since last year, returned to his home country from the Czech Republic to bring his diverse and cross-functional experience of more than 23 years to the company to help it achieve its growth-focused financial plans. He spent five years in top management positions […]
Just six weeks into the new year and another new airline is added to the schedule of the Hungarian capital’s Ferenc Liszt International Airport. The new direct service between Budapest and Shymkent, Kazakhstan, will be operated by SCAT Airlines from May 27, the airport operator, Budapest Airport says in a statement. SCAT Airlines will operate […]
The % Arabica Japanese café chain has opened a new unit in the Hungarian capital. The café has been given an extremely clean design. The Budapest store has beens designed by the renowned French architectural studio Ciguë, which points outs that % Arabica Budapest is housed in a historic building designed by József Hild in […]
Hungary’s economic recovery is faltering as industrial output plunged and retail sales stagnated, raising concerns over the country’s ability to rebound from recession. The forint weakened against the euro, adding further pressure to the fragile recovery. Industrial production fell by a workday-adjusted 6.4% in December compared to a year earlier, driven by a downturn in […]
Logistics service provider Dachser, strengthening its Kecskemét branch in east central Hungary, has launched a new direct transport route between that city and the Bulgarian capital Sofia, the Hungarian subsidiary told MTI in a statement on Thursday. Liegl & Dachser Forwarding and Logistics Ltd. pointed out that the accession of Romania and Bulgaria to the […]
The 31st FeHoVa Weapons, Fishing, Hunting International Exhibition opened on Thursday at the Hungexpo Budapest Congress and Exhibition Center, with 200 exhibitors from 13 countries presenting their products at the event, which will be open until 9 February. At the opening ceremony, the Hungarian Minister of Agriculture István Nagy stressed the need to preserve the […]
2024 has been a very eventful and professionally successful year for the Hungarian packaging firm Sz.Variáns, as János Szakál, the company's managing owner, was nominated for the Ernst & Young "Businessman of the Year" award. In addition, the company has received a number of prestigious awards over the past year, including the Store Insider Award, […]
HungaroControl recorded record traffic in Hungary's airspace in 2024 with 1 million 143,937 aircraft, of which almost 84% were overflights, and strong traffic is expected to continue this year, the Hungarian air traffic service provider told MTI on Wednesday. It was recalled that HungaroControl was the first in Europe to abolish the air route network […]
