U.S.-based Support Services Group (SSG) expands its presence in Hungary with a new operation that further strengthens the country’s well developed Business Services Center (BSC) sector, according to the Hungarian Investment Promotion Agency. The multilingual customer support office is being set up in Szekszárd, nestled in southern Hungary. Implemented with the support of HIPA, the […]
As of October 1, Gyula Marik will serve as chairman of the board of directors at Shell Hungary Plc. in addition to his existing position as regional procurement manager, the company announced to MTI on Monday. Gyula Marik began his career in finance at Shell in 2001 after graduating from the University of Szeged. Over […]
With an investment of nearly EUR 5.5 million, the Hungarian-owned Aero Space Power is establishing a new production hall in Kisvárda, NE Hungary. The company, engaged in metalworking, turbine and component production, and aerospace structure repair, is also expanding its portfolio with new activities at the site, the Hungarian Investment Promotion Agency reports. Aero Space […]
The MVM Group achieved consolidated sales revenue of HUF 2,015 billion in the first six months of this year, following HUF 2,156 billion in the first half of last year, and its after-tax profit was HUF 221.8 billion, compared to HUF 222.0 billion in the same period last year, the company announced on the Budapest […]
Turnover on the stock market was HUF 81.41 billion this week, following HUF 52.76 billion last week, with leading shares weakening. The BUX moved mixed during the week: it fell on Monday, Tuesday, and Wednesday, rose on Thursday in line with European stock markets amid positive investor sentiment, but ultimately fell again on Friday due […]
In the first half of 2025, Appeninn Group and its controlled subsidiaries retained a real estate portfolio focused on office and retail segments, that generated rental income of EUR 10.797 million and gross margin of EUR 7.170 million, and represented a gross margin ratio of 66.4%, increased from 62.2% last year, the Group has announced […]
Hungarian Prime Minister Viktor Orbán condemned the violation of Polish airspace allegedly by Russian drones, calling the incident “unacceptable” and expressing full solidarity with Warsaw. “Hungary stands in full solidarity with Poland with regard to the drone incident that took place last night,” Orbán wrote on his Facebook page Wednesday morning, adding that the event […]
Danish pump manufacturer giant Grundfos successfully complemented its latest research and development (R&D) project in Hungary, aimed at improving the efficiency of entire product families, the Hungarian Investment Promotion Agency (HIPA) reports. Implemented with the support of HIPA, the EUR 3.47 million investment created 40 new high value-added jobs at the company’s product development center […]
Air Canada has announced that from June 2026, it will resume its previously very popular direct flight between Budapest and Toronto, Budapest Airport, the operator of the Hungarian capital's Ferenc Liszt International Airport, says on its website. The airline will operate the route with 787-9 Dreamliner aircraft, offering passengers a choice of three travel classes […]
Hungarian employers expect employment indicators to improve in the last quarter of this year: 25% of Hungarian companies plan to expand their workforce during this period, while 17% expect to reduce it, according to a labor market survey by Manpower Hungary published on Wednesday by MTI. ManpowerGroup surveyed more than 40,000 employers in 42 countries […]
The Budapest Stock Exchange (BSE) has received international recognition for its programs promoting financial awareness, the BSE announced to MTI on Wednesday. The Capital Markets Awards are organized by Euromoney, an international financial magazine, to honor the outstanding performance of global capital market players, including stock exchanges, brokerage firms, market data providers, custodians, and depositories. […]
MOL Plc. has notifies market participants of the following MOL and O&GD have discovered a new oil field at a depth of approximately 2,400 meters near Galgahévíz, Hungary. O&GD and MOL share the extracted volume in a 51%-49% ratio. The Galgahévíz4 well is capable of producing approximately 1,000 barrels of crude oil per day, which […]
Thanks to a new strategic partnership between Mercedes-Benz Vans and E.ON Hungária Group, customers purchasing light commercial vehicles now have access to discounted electric charging solutions tailored to their individual needs, as well as a range of new integrated energy solutions. In addition, a total of 25 new public charging points integrated into the E.ON […]
The British International School Budapest (BISB), part of the prestigious Nord Anglia Education family, is a vibrant and warm community with a strong and well-deserved reputation. The School is proud of its excellent academic results and university destinations – just as of achieving these results alongside the development of the skills and dispositions necessary to […]
Chin Sooyoung, resident artist at the Korean Cultural Center, will pay tribute to the 80th anniversary of Korea's liberation with a unique, poetic concert at the Budapest Music Center on September 22. The repertoire of 'Light Variations' was created on the occasion of this historic anniversary: jazz music meets other art forms, shedding new light […]
