In April 2025, 1.4 million guests spent 3.4 million tourism nights at tourist (commercial, private and other) accommodation establishments. The number of tourist arrivals was up by 17% and tourism nights by 16% compared to a year earlier, helped by Good Friday and Easter falling entirely in April this year, the Central Statistical Office (KSH) […]
Goodwill Pharma Plc. significantly increased its net sales revenue last year by 27% compared to the previous year, with the company's after-tax profit amounting to HUF 2.155 billion, compared to HUF 1.502 billion a year earlier, according to the consolidated report published by the Szeged-based pharmaceutical company on the BSE website. According to the balance […]
The application period for the 2025 For a Sustainable Future Award has officially begun. In support of this initiative — and to promote action and sustainable corporate operations — the Hungarian Business Council for Sustainable Development (BCSDH) held its first-ever Sustainable Future Inspirational Breakfast this Tuesday. The event aimed to showcase exemplary practices. The event, […]
The construction of a new production hall by BAT Pécs Tobacco Factory (BAT PD), a HUF 60 billion investment, has reached the halfway point. Once completed, it will make the company's site one of the world's largest nicotine patch production centers, the company told MTI on Tuesday. According to BAT PD's announcement, the investment is […]
Róbert Keszte has been elected as the new president of the German-Hungarian Chamber of Industry and Commerce (DUIHK), succeeding András Sávos whose three two-year terms have come to an end, the chamber announced to MTI on Tuesday. Róbert Keszte has been a member of the DUIHK's executive committee since 2024. He has been employed by […]
Last year was stronger than ever before for Rewin Hungary Ltd., a key player in the domestic benefits market. Employers showed great interest in the opportunities offered by low-value gifts with preferential tax treatment: the total value of multi-purpose fringe benefit vouchers issued in 2024 nearly tripled compared to the previous year. Rewin Hungary, with […]
Corvin Innovation Campus, developed as an extension of the Corvin Promenade, has received the WELL Core Platinum certification. Futureal was the first in Hungary to commit to applying the WELL Building Standard, which ensures human-centric building design, and has added nearly 150,000 sqm of WELL-certified office space to the Hungarian market over the past four […]
Waberer's International Plc. has entered the passenger transport market after acquiring a 51% stake in Pannon-Busz-Rent Ltd, the international transport and logistics services company told MTI on Monday. According to the information, under the terms of the transaction announced in February and closed this Monday, the company has secured an option to acquire a further […]
The AutoWallis Group has signed a cooperation agreement with its Portuguese partner Salvador Caetano Group to distribute the Chinese brand XPENG, which produces innovative electric cars, in Hungary, Slovenia and Croatia, the company said on Monday. Under the agreement, AutoWallis Caetano Plc., which is 50-50% owned by the Hungarian and Portuguese companies, will be the […]
Inflation remains the biggest risk, while cutting consumption is the most common crisis management tool, according to the Provident Barometer, a representative survey of the Hungarian population commissioned by Provident. The results of the research, which will now be conducted quarterly, also show that financial insecurity is associated with low levels of financial awareness, which […]
Forestay Group has organized a topping-out ceremony of the Moxy Budapest Downtown, a 283-room hotel set to open in spring 2026 on Budapest's historic Kazinczy Street. With structural works now complete, the project is on schedule for delivery in the second quarter of 2026. The project transforms a previously underutilized site, once home to the […]
The Budapest Stock Exchange's (BSE) share index, the BUX, ended the week down 1.69% on last Friday, falling by 1,639.07 points to 95,426.77 points. Total turnover rose from HUF 91.867 billion to HUF 112.652 billion on a weekly basis, with leading shares weakening. Magyar Telekom bought own shares from the leading issuers during the week: […]
Hungary’s largest car importer, Porsche Hungária organized a children's day for the families of the National Association of Large Families (NOE) on Saturday at the Driving Camp driving track in Zsámbék. At the opening ceremony, László Bak, member of the NOE board, said that participants were invited to the event after pre-registration in order to […]
The BYD brand's position in the Hungarian new car market is visibly strengthening, with outstanding results in the first four months of this year, and this could improve further as the year progresses with the intensive expansion of the dealer network, supported by a strong model range, according to the Chinese manufacturer's PR agency. BYD […]
Continest Technologies Plc. has established a new subsidiary. Continest Defence Lab for the development of container-based infrastructures designed for defense and humanitarian tasks, the company told MTI. The Defence Lab not only supplies equipment, but as a technology integrator it is able to integrate the developments of various industry players, universities and research institutes into […]
