From Tuesday to Sunday, visitors to the Downtown Beer Festival on Szabadság Square can sample more than 250 types of specialty beers from 30 domestic and international breweries, according to SPAR Hungary, the event's sponsor, in a statement to MTI on Tuesday. The Downtown Beer Festival has opened its doors for the ninth time in […]
According to PwC's 2025 State of Decarbonization report, there continues to be a strong commitment to sustainability as a source of business value. In 2024, more than 4,000 companies reported climate targets to the Carbon Disclosure Project (CDP), a ninefold increase from five years ago. 37% of companies are increasing their ambitions, while 16% are […]
A project to utilize methane extracted from nine thermal wells along with water has been launched in Szeged as part of the Second Swiss-Hungarian Cooperation Program, investor Geo Hőterm Ltd. informed MTI on Tuesday. According to the announcement, the aim of the investment is to utilize the methane gas extracted from the thermal wells supplying […]
The volume of Hungary’s gross domestic product was 0.1% higher according to raw data and 0.2% higher according to seasonally and calendar adjusted and reconciled data in the 2nd quarter of 2025 than in the corresponding period of the previous year, the Central Statistical Office (KSH) reports. Compared to the previous quarter, the economic performance […]
In H1 2025, ALTEO achieved a 10% year-on-year increase in revenues, mainly due to the successful expansion of the Retail and Renewable Production Management portfolios and the significant increase in renewable energy production capacities, the energy services company says in its management report and analysis on the website of the Budapest Stock Exchange. Despite the […]
Indotek Group, a real estate, private equity investment and asset management company, has renovated another shopping center: this time, the group has completed the interior renovation of Balaton Plaza in Veszprém, the company told MTI on Monday. According to the announcement, the group owns more than 70 shopping centers and retail units in Hungary and […]
Egis Pharmaceuticals Plc. and the Faculty of Mechanical Engineering at the Budapest University of Technology and Economics (BME) have signed a cooperation agreement, the pharmaceutical company announced to MTI on Monday. The aim of the agreement is to support the practical training of students, develop the practical skills required in the labor market, support promising […]
The seasonally adjusted Purchasing Managers' Index (PMI) for August was 48.9. Compared to previous August values, this year's value is lower than the long-term monthly average (52.5), but exceeds the average of the previous three years' monthly values (48.8), according to a statement sent to MTI on Monday by the Hungarian Logistics, Purchasing and Inventory […]
Industrial producer prices were unchanged in July 2025 compared to previous month and 4.5% higher on average than a year earlier, the Central Statistical Office (KSH) reports. Industrial producer prices were 4.5% higher on average in July 2025 than one year earlier. Domestic output prices were 1.6% and non-domestic ones 5.9% higher than in July […]
