Low-fare airline Wizz Air will offer 3.2 million seats on flights from Budapest in its winter timetable, 8% more than a year earlier, flying to 59 destinations, the airline said on Thursday. Wizz Air will operate more than 6,800 flights in the winter timetable, adding new flights from Budapest to Wroclaw, Gdansk, Bilbao, Tallinn, Vilnius, […]
Dunaújváros, located on the banks of the River Danube south of Budapest, is an industrial town and wants to remain so, according to a representative survey conducted among the local population. The vast majority of Dunaújváros residents believe that new industrial investment would help the town, which has fallen on hard times following the collapse […]
Masterplast Group, the largest Hungarian-owned building materials manufacturing company in the Central European region, published its Q3 quarterly report on the website of the Budapest Stock Exchange. The report states that during the summer months, the construction market was characterised by subdued activity, similar to previous periods, followed by a marked recovery in September. The […]
Hunguest Hotels, a unit of listed holding company Opus Global, will sell two of its hotels in the Alps in Austria and purchase 8,000 square meters of land for development purposes in Bükfürdő (W Hungary), the company said on Wednesday. The moves dovetail with the company's portfolio cleaning strategy initiated in 2021, focusing on acquiring […]
The surplus was EUR 589 million, the balance decreased by EUR 297 million, year-on-year. The volume of export increased by 0.5% compared to the same period of the previous year, that of import grew by 8.4%, the Central Statistical Office (KSH) reports. The seasonally and working-day adjusted export volume decreased by 2.4% compared to August […]
From October 28 to 30, science is brought out of the labs and closer to the future as Hungary's largest science promotion event is reopened at the Millenáris event site. Over three days, the Science Expo brings the world of science closer to everyone who is curious about the future with interactive programs, spectacular experiments […]
The 10th Budapest Jewelry Week kicked off this Monday. Until November 9, the public can view more than 25 exhibitions by nearly 100 artists. This year, the professional workshops and lectures are organized by the participating jewelry designers, who are also having guided tours and workshops on various topics, as well as performances, in order […]
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 […]
