Danubius Hotels Plc. places great emphasis on the continuous renewal of its properties, having spent approximately HUF 35 billion on renovations and modernization over the past five years. This year, the transformation of Danubius Hotel Helia in Budapest has been completed, while refurbishments continue across several other hotels in the chain, according to a press […]
More than half of adults feel overwhelmed by being on social media platforms, according to a recent survey by HEINEKEN. A new advertising campaign from the globally popular beer brand is calling attention to the fact that ever-increasing screen time is draining social batteries, and online communication is slowly taking the place of real-life encounters. […]
Hungarian movie director István Szabó was awarded the Lifetime Achievement Tribute by the International Federation of Film Critics (FIPRESCI) on Friday evening at the 78th Cannes International Film Festival, before the screening of the restored version of his film 'Sunshine'. The 4K resolution digital version of the Hungarian film classic, shot 25 years ago and […]
Geopolitical risks, economic sanctions and exchange rate volatility – it's not an easy situation for treasury experts today. 96% of them see cash and liquidity management as their top priority, and 80% see effective management of financial risks, according to a survey of more than 100 Hungarian treasury professionals conducted by PwC Hungary in 2024. […]
The leading representatives of the domestic real estate market 2025 gathered for the second time on May 15 at the exclusive HAD Real Estate Business Brunch, organized by the Belgian-Hungarian owned RaktárAD, in the framework of the Industry Days exhibition, where the group won the award for the most beautiful stand this year. The event […]
From the second quarter of 2024, the increase in primary yield came to an end in all segments of the commercial real estate market; however, in the second half of the year the slow growth of GDP failed to provide a significant boost to market activity, Hungary's central bank says in its latest domestic commercial […]
The Japanese company has set up a carboxymethyl cellulose processing plant on its 43,000-square-meter site in Vácrátót, north of Budapest. The environmentally friendly product produced here is used as a binder for electric vehicle batteries. The larger granules of the raw material, which are delivered to the Nippon Paper Chemicals Europe plant, are ground into […]
The Le Primore Hotel & SPA, which will open its doors as Hungary's largest premium spa hotel, is counting mainly on domestic tourists and guests from neighbouring countries in Hévíz, the hotel's director, Alfred Hackl said at a press tour on Tuesday. The director told MTI that the five-star superior hotel can accommodate more than […]
Tünde Bognár will take up the position of CEO of Graphisoft Park SE on July 1, following the retirement of János Kocsány, who has managed the company for 30 years, the company announced on the Budapest Stock Exchange (BSE) website on Tuesday. According to the announcement, Tünde Bognár joins the company from the portfolio management […]
In the spirit of faith in a sustainable future, the ProviGreen program of Provident Financial Ltd. continues. On May 10, employees of the company and their family members planted 100 trees in the Budakeszi Wildlife Park, thus actively contributing to the increase of the Hungarian forest stock, the company said in a statement. The aim […]
The consolidated revenue of Gedeon Richter Plc. was HUF 224 billion in the first quarter, up 10% year-on-year, the pharmaceutical company announced on the website of the Budapest Stock Exchange (BSE) on Tuesday. The company posted a profit after tax of HUF 68.1 billion in the first quarter, similar to the previous year. According to […]
The pro forma net profit for the first quarter of 2025 at the Graphisoft Park office complex in Budapest is EUR 2.22 million, which is slightly higher by 4% than the same period of the previous year, the company has announced on the website of the Budapest Stock Exchange. According to the execuitve summary of […]
The Master Good Group started developing the technology and production line more than 10 years ago, which has enabled it to produce organ grindings. Construction of the new plant will start this year, so that by 2026 BioFer's products will be manufactured in a factory with an expanded capacity. The tripling of the current capacity […]
A solar park with a capacity of about 28.5 megawatts has started operation at the cement plant of Holcim Hungary Ltd. in Királyegyháza, S Hungary. The power plant, set up by ID Energy Group, is capable of providing almost a third of the electricity needed for production, the company told MTI. Holcim Hungary said in […]
The March of the Living was held in Budapest this Sunday, with participants of the 21st annual walk commemorating the victims of the Holocaust marching from the Shoes on the Bank of the Danube monument to Várkert Bazaar via the Chain Bridge, MTI reported. Andor Grósz, President of the Association of Jewish Communities in Hungary […]
