The first domestic Michelin key hotel ratings are in: 13 establishments have been awarded the keys, considered the most valuable recognition in the hotel industry – the Michelin star of the hotel industry – two of which have earned two keys, while 29 hotels have been included in Michelin's prestigious list of recommended locations, according […]
The Sejong Institute, part of one of the world's best-known Korean language and culture education networks, officially opened its doors in Miskolc, NE Hungary, on October 9 with a program of Korean cultural events. The establishment of the institute reflects the significant growth in Hungarian interest in Korean language and culture in recent years. A […]
Established in 1947, the French Institute in Hungary is one of the oldest foreign cultural centers in Budapest. It has lived through many events in Hungarian history over these years, has organized numerous programs and collaborations, having moved within the city several times. The Director of the French Institute, Matthieu Berton, who is also Cultural […]
The local unit of Austrian-owned Wienerberger has successfully tested the use of hydrogen fuel for a brick drying oven at its base in Tiszavasvári (NE Hungary), the building materials maker said on Thursday. According to the announcement, Wienerberger Plc., in collaboration with the University of Miskolc and German burner manufacturer Scharr-TEC GmbH, has successfully carried […]
This Thursday, the Royal Swedish Academy of Sciences awarded the Nobel Prize in Literature to Hungarian writer László Krasznahorkai. According to the official statement, Krasznahorkai received the award for his visionary works, which demonstrate the power of art even in the midst of apocalyptic terror. This is the first time since 2002 that a Hungarian […]
Hungary's Government Debt Management Agency (AKK) sold HUF 82.0 billion of securities at auction on Thursday, HUF 32.0 billion more than planned, MTI reports. AKK sold HUF 22.0 billion of discount twelve-month T-bills, lowering its original offer by HUF 8.0 billion after primary dealers bid for just HUF 26.3 billion of the securities. Average yield […]
The Business Council for Sustainable Development in Hungary (BCSDH) has awarded HEINEKEN Hungária a sustainability prize for its carbon reduction program, the company announced in a press release. HEINEKEN Hungária won the award in the Climate Protection and Adaptation Category thanks to a technology that is expected to reduce carbon dioxide emissions by more than […]
Retailer Spar Hungary has modernized three more stores, spending a total of nearly HUF 1.7 billion on renovating its stores in the towns of Kőszeg, Esztergom and Törökszentmiklós, the company told MTI on Thursday. The Kőszeg store was renovated with an investment of approximately HUF 640 million and provides employment for 20 people. HUF 471.5 […]
Office space in Sanofi's international business service center has recently more than doubled in size, the French pharma giant announced this Thursday. Located in one of the Hungarian capital’s most dynamic business districts on Váci út, the Sanofi Budapest Hub has grown by 8,000 square meters to a total of 15,000, providing state-of-the-art workstations, community […]
While some companies are postponing mandatory sustainability reporting for two years in line with the EU Omnibus Package, 40% of respondents to PwC's Global Sustainability Reporting Survey will report according to the original schedule, even if not required to do so by law, according to a PwC statement. This is because 38% of companies use […]
The Hungarian Electrotechnical Association (MEE) is organizing the 10th edition of its "What's your career path?" technical career choice festival series, which has helped more than 75,000 young people find their way in the technical world over the past decade. In this anniversary year, Budapest is once again the main venue, with the E.ON Sports […]
Solar power accounted for close to 30% of electricity generation in Hungary in the first half of 2025, more than in any other country covered in a global report by international independent think tank Ember, the Energy Ministry said in a post on social media on Wednesday. The Hungarian figure is more than three times […]
Hungary's general government deficit reached HUF 3,328.7 billion at the end of September, 69.7% of the full-year target, the Ministry of National Economy said in a preliminary release of data on Wednesday. The central budget gap reached HUF 3,267.4 billion and the social insurance funds were HUF 162.6 billion in the red, but separate state […]
A large number of outstanding applications were submitted for the 2025 'For a Sustainable Future' awards. The awards, established to recognize exceptional corporate and leadership achievements that contribute to achieving the UN Sustainable Development Goals and drive systemic change, have been presented — based on the decision of the professional jury — to Grundfos, Heineken, […]
German rail technology giant Siemens Mobility is expanding its research and development (R&D) center in Budapest through a series of international innovation projects, the Hungarian Investment Promotion Agency reports. The EUR 14.7 million investment further integrates the Hungarian R&D center into Siemens Mobility’s global innovation network and contributes to next-generation rail automation solutions. Supported by […]
