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Articles by Date

April 2025

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Over 50% Jobs to Be Filled Require Language Skills

D&T
Apr 22, 2025

In 53% of the job advertisements posted since January last year, employers expect some language skills, while in the case of intellectual jobs the proportion is even higher, at 68%, Profession.hu reported on Tuesday with MTI, based on its recent analysis. According to the job portal's survey, companies still expect English to be the language […]

Another National Park on MNB Collector Coin

D&T
Apr 22, 2025

The National Bank of Hungary (MNB) continues its successful series of collector coins featuring Hungarian national parks. In honor of the Aggtelek National Park, which is celebrating its 40th anniversary this year, the Bank has issued a silver collector coin with a face value of HUF 20,000 and its non-ferrous metal version with a face […]

Property Buys by Foreigners at Pre-Pandemic Levels

D&T
Apr 22, 2025

Last year, 3,647 applications for the purchase of real estate in Hungary were submitted by foreign nationals from outside the European Union, which is 23% more than a year earlier; the last time similar activity was seen was before 2019, the real estate broker Duna House told MTI on Tuesday. According to Duna House's analysis, […]

Sprinkling, a Hungarian Easter Monday Tradition

D&T
Apr 21, 2025

Easter Monday, which is a holiday in Hungary, is a day of celebration of profane human joy, especially youth. Over the years, this day has become more and more about symbolic customs than about going to church, and sprinkling of girls by boys, which has changed a little, but still retains its roots. Folklore has […]

Increasing Demand for Credit among Hungarians

D&T
Apr 18, 2025

The financial situation of the Hungarian population is slowly improving, and with it the willingness to take out loans has also started to increase, according to data from a national survey commissioned by Provident Financial Ltd. Although demand for credit has fluctuated over the past few years, along with consumer confidence, both are currently on […]

MEPs call for EU court action after Hungary passes constitutional amendment to ban LGBTQ+ public events

D&T
Apr 18, 2025

Hungary's parliament has passed a constitutional amendment allowing the government to ban public LGBTQ+ events, including the annual Budapest Pride march. The amendment, approved on April 14 with a two-thirds majority by the ruling Fidesz-KDNP coalition, declares that children's rights to moral, physical, and spiritual development take precedence over other fundamental rights, including the right […]

BioTechUSA's Economic Indicators Improved Last Year

D&T
Apr 17, 2025

Despite the economic difficulties, the economic indicators of Hungary's BioTechUSA Group improved last year, with the turnover of one of Europe's largest manufacturers and distributors of dietary supplements rising to HUF 93.7 billion, the company told MTI on Thursday. It said the wholly domestically owned group increased its turnover by 3.5%, while its EBITDA rose […]

Ganz Company’s Turnover Doubled in 2024

D&T
Apr 17, 2025

Ganz Transformers and Electric Rotating Machines Ltd. closed the 2024 business year with an outstanding result, its net sales more than doubled compared to last year, and its profit after tax increased almost fourfold, the company told MTI on Thursday. According to a statement, the net sales of the company, which has been 100% Hungarian-owned […]

Mol Finds More Gas in Pakistan

D&T
Apr 17, 2025

The Hungarian oil and gas company Mol has made three new natural gas discoveries in the Tal exploration area in Pakistan, for which the company has now started to develop an extraction strategy, the Hungarian Minister for Foreign Affairs and Trade, Péter Szijjártó announced in Islamabad. Mol has been present in the Pakistani market for […]

When Art Becomes a Life-Shaping Force

D&T
Apr 16, 2025

The French ESSCA School of Management International's Hungarian Campus, which is ranked at the top of the Financial Times' management training rankings and is recognized as the "Triple Crown" of the profession, has hosted a prestigious international afternoon this Wednesday with former Peruvian Ambassador Péter Kraft, owner and creative director of the Hungarian Value certified […]

Porsche Hungária Donates Cars to Vocational Training Schools

D&T
Apr 16, 2025

Porsche Hungária has donated an Audi demonstration car, each manufactured for educational purposes, to five vocational training institutions in the country, the head of communications of the company, Tamás Bognár, said at a press conference held in Tatabánya on Wednesday on the occasion of the handover of one of the vehicles. According to MTI, the […]

Survey: Easter Also Boosts the Toy Market

D&T
Apr 16, 2025

The toy market is also boosted by Easter, with families with young children usually buying between HUF 5,000 and HUF 10,000, REGIO Toytrade Ltd. told MTI on Wednesday. According to their survey, 69% of parents buy toys on the eve of the first family holiday of the year, with only sweets being more popular at […]

Science at the Patients' Service

D&T
Apr 16, 2025

At the Sanofi Pharmaceutical Innovation Center, the biopharmaceutical company is now presenting its global immunology strategy, highlighting the role of innovative medicines and vaccines in the future of medicine. First unveiled at the 2024 Olympic and Paralympic Games in Paris, the Sanofi Science Lab will now be the only one in Central Europe to be […]

SAAB: New Aeronautics Development Hub in Hungary

D&T
Apr 16, 2025

The SAAB Group, manufacturer of Gripen fighter jets, is to establish an aeronautical development center in Hungary, which will provide a major opportunity for Hungarian engineers to take part in the high-tech industry of fighter aircraft production, according to Hungarian Minister for Foreign Affairs and Trade, Péter Szijjártó. A statement issued by the ministry says […]

PannErgy: Better Than Expected Q1 Results

D&T
Apr 16, 2025

PannErgy sold 670,000 gigajoules (GJ) of heat in the first quarter, 2.6% ahead of plan and 3.8% ahead of last year's first quarter, the company said in a production report published on the Budapest Stock Exchange (BSE) website on Wednesday. A summary by MTI says the geothermal system in Miskolc sold a record 328,000 GJ […]

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