The Allee Shopping Center in Budapest has received a five-star rating in the GRESB (Global Real Estate Sustainability Benchmark) system, making it one of the best-performing retail facilities in the Eastern European region. The prestigious ESG benchmarking system evaluates the sustainability performance of real estate based on a complex methodology that takes into account more […]
The number of new passenger car registrations in Hungary rose 7.7% year-on-year to 95,946 in January-September, data compiled by the European Automobile Manufacturers' Association (ACEA) show. Hybrid electric and plug-in hybrid vehicles accounted for 55% of sales, cars with petrol engines made up 24% and vehicles with diesel engines 12%. Fully-electric vehicles accounted for 8% […]
HungaroControl's air traffic controllers (ATCs) managed 950,926 flights in Hungarian airspace in January-September, 7% more than in the same period a year earlier, the state-owned company said on Tuesday. The most notable month was August, with 137,374 aircraft. According to forecasts, the expected annual traffic volume could reach 1.2-1.3 million aircraft. Despite the significant increase […]
Hungarian property developer Futureal has signed a EUR 165 million refinancing and credit line agreement with a consortium of Erste Bank Hungary, Erste Group AG and UniCredit Bank Hungary, the property developer said on Monday. Futureal refinanced credit for Etele Plaza, a shopping center in the southwest of the Hungarian capital, that it signed for […]
The Hungarian retailers association OKSZ pressed for a mandatory cap on markups of food products to be phased out in a statement issued on Monday and sent to MTI. OKSZ chief secretary Tamás Kozák said there was "no reason" for maintaining the 10% cap in force for a range of food products. He added that […]
The Budapest Stock Exchange (BSE) share index rose over the past three working days, with the BUX closing at 104,182.83 points on Wednesday, up 1,214.16 points or 1.18% compared to the previous Friday. Weekly turnover reached HUF 56.86 billion in three days, compared to HUF 75.29 billion in the previous week, with leading shares rising. […]
Budapest Airport, the operator company of the Ferenc Liszt International Airport of the Hungarian capital, is launching its winter schedule with record seat capacity. A statement issued says exciting new destinations and increased frequencies will expand travel opportunities and stimulate the growth in inbound tourism. Capitalizing on Hungary’s attractiveness, Budapest Airport, part of the VINCI […]
GLS Hungary has put its 2,500th parcel terminal into operation, the express delivery company told MTI. GLS has put its 2,500th parcel machine into operation in Kisköre, E Hungary, meaning that the company now provides flexible parcel handling solutions in 740 locations with more than 3,500 delivery points, the company told MTI. GLS emphasized that […]
The finest travel brands from across Europe have been honoured at the World Travel Awards in Sardinia, Italy. The industry elite gathered at Forte Village Resort on the idyllic Mediterranean island for the WTA Europe Gala Ceremony 2025 to discover who had been crowned the best of the best. The Hungarian award winners this year […]
Tens of thousands of Hungarians filled the streets of the capital on Wednesday for rival rallies led by Prime Minister Viktor Orbán and his chief challenger, Péter Magyar, in what observers see as the first major test of strength ahead of next year’s general election. The duelling demonstrations were held on October 23, a national […]
Real estate developer WING and Accent Hotel Management have signed a strategic agreement to efficiently operate joint hotel projects in Hungary, the companies told MTI. They note that the cooperation between the two companies is not new: WING and Accent's first joint hotel project was the Best Western Plus Lakeside Hotel in Székesfehérvár, which opened […]
The national flag was hoisted with military honors this Thursday, the national holiday marking the 69th anniversary of the anti-communist uprising and freedom fight of 1956, in the presence of Defense Minister Kristóf Szalay-Bobrovniczky and Colonel General Gábor Böröndi, the commander of the Armed Forces. Representatives of state and military organizations also attended the event. […]
The cornerstone was laid for a HUF 800m expansion of an industrial park in Bonyhád (SW Hungary) this Wednesday. The businesses operating in the Völgység (Valley) Industrial Park employ over a thousand people and plan to expand their businesses, In the Völgység Industrial Park, infrastructure developments are being carried out with the support of HUF […]
MOL Plc. has notified market participants on the website of the Budapest Stock Exchange that MOL Group’s Board of Directors and Supervisory Board decided to initiate the reorganization of the Group by switching to a Holding structure and at the same time also decided to convene an Extraordinary General Meeting for 27 November 2025. The […]
The Hungarian Association of Digital Companies (IVSZ) launched a project to establish an AI Competency Center in Budapest this Wednesday, MTI reports. The center would offer AI development support as well as education and training programmes. The aim of the project is to establish the conditions necessary for local SME software developers to implement AI-based […]
