On April 3, Adinish opened its first Hungarian showroom with a spectacular event in the presence of several local celebrities and popular influencers, the company said in a statement. According to the release, this not only made world-famous brands available to families with children in our country, but also a new lifestyle concept. The Romanian […]
Last August, a new CEO from England took the helm at the prestigious Dreher Breweries in Budapest. Mike James had been selected for the position based on his successful career within Asahi Europe & International, the owner of Dreher Breweries. His key responsibilities include overseeing the largest ever investment of HUF 100 billion in the […]
The AutoWallis Group continues to expand with the BYD brand after opening the first BYD sales point in Hungary in Győr. The new showroom in NW Hungary will support the further growth of the leading integrated car and mobility service provider in the Central and Eastern European region, the groups said in a statement on […]
Over the next three years, legendary HEINEKEN beer will make the concerts of the biggest national and international stars and the sporting events in the country's most modern arena even more unforgettable, thanks to a new partnership between HEINEKEN Hungária and MVM Dome, according to a statement issued by HEINEKEN Hungária. Tom Jones, Robbie Williams, […]
The global telecoms sector's revenues grew 4.3% in 2023 to reach USD 1.1 trillion, but it is still in a difficult position despite 5G subscriptions expected to quadruple by 2028, according to PwC's Global Telecom Outlook. As the world becomes increasingly reliant on digital platforms, artificial intelligence and digital infrastructure could play a key role […]
The investment of Harro Höfliger Hungary Ltd. in Debrecen has reached a milestone: the new production hall has reached its highest point of 15.3 meters, Managing Director Csaba Juhász announced at the building's topping-out ceremony on Tuesday. With the new hall, the Debrecen production unit of Harro Höfliger, a manufacturer of mainly pharmaceutical and medical […]
The Hungarian oil and gas company Mol has acquired the gas fields and related infrastructure of O&GD near Endrőd, SE Hungary, Mol announced on Tuesday, according to MTI. The area of about 1,000 square kilometers includes 29 wells trained for hydrocarbon production, with a daily production of about 1,000 barrels equivalent. In the longer term, […]
Headquartered in Tokyo, the Japan External Trade Organization (JETRO) was established by the Japanese government in 1958 as the nation’s principal organization for implementing and promoting trade with other countries. Its Budapest office was founded in 1991 and since then, it has successfully promoted business exchange activities between Japan and Hungary. The office’s General Director, […]
After a strong start to the year, the leading index of the Budapest Stock Exchange (BSE), the BUX, continued to strengthen in March and maintained its historic high: after a 1.77% increase, it closed the month at 88,686.46 points, the BSE told MTI on Tuesday. Total turnover on the stock market remained at the February […]
The real estate market continued its upswing in March, with 12,200 property sales, up 7% compared to the previous month and 10% compared to the same period last year, the real estate broker firm Duna House said in its transaction count estimate based on its own data on Tuesday, according to MTI. They added that […]
Industrial producer prices were 8.2% higher on average in February 2025 than one year earlier. Domestic output prices were 5.4% and non-domestic output prices 9.6% higher than in February in the previous year, the Central Statistical Office (KSH) reports. The price rise was primarily caused by the annual weakening of the forint exchange rate against […]
