A still life ‘Wild Flowers’ by Hungarian painter János Vaszary, owned by the family of the world-famous American playwright Irwin Shaw, will be auctioned by the Judit Virág Gallery in Budapest, the gallery informed MTI on Monday. As they wrote, János Vaszary painted this still life in the 1930s. The painting has been owned by […]
“The bigger the daily drive, the more important it is to feel that you are not alone” - says the new advertisement of Soproni, celebrating its 130th anniversary. The beer brand, proud of its tradition and innovation alike, draws attention to the power of community and togetherness. A statement by parent company Heineken calls attention […]
Thousands of cyclists gathered on Saturday afternoon in front of the Városháza Park (City Hall Park) in the downtown area of the Hungarian capital to participate in the 10th I Bike Budapest parade. The aim of the event was to raise awareness of the state of cycling in Budapest and to demonstrate for a better […]
This year again, Budapest's passenger boats will hold their traditional season-opening sailing: this Sunday, about 28 boats will leave the capital's ports at the same time to march in spectacular formation along the Budapest section of the Danube, the Hungarian Federation of Passenger Fleet Operators (SZHSZ) told MTI. The aim of the event is to […]
According to a survey conducted by GKI Economic Research Co. with the support of the EU, the GKI economic sentiment index edged upwards in April. Both consumer and business outlooks in Hungary showed a slight improvement compared to March. While firms’ employment intentions remained unchanged from the previous survey, the aggregate expectation regarding future sales […]
Residential property sales in Budapest, the county seats and county-level cities were significantly shortened in the first quarter of this year, according to the latest analysis by the property website ingatlan.com. According to the summary sent to MTI, the extremely buoyant demand is shown by the fact that owners of residential property in Budapest found […]
Chery Automobile of China signed an agreement with Grand Automotive for the representation of the Chery car brand in Hungary, the Hungarian company told MTI. According to the statement, sales are expected to start in late summer or early autumn with two SUV models, which will be available in conventional petrol and plug-in hybrid (PHEV) […]
Budapest's first integrated transport exhibition and training space, WEMOVE, has opened to showcase the future of urban mobility, in cooperation with the Future Mobility Alliance, the Hungarian Automobile Club and Westend. A statement from the organizers quotes András Kárpáti, president of the Future Mobility Association, as saying that the park was created to showcase the […]
Based on the decision of its Annual General Meeting, AutoWallis will not pay dividends, the amount available for this purpose will be placed in the profit reserve to support the company's growth strategy, the company told MTI on Friday. Shareholders approved the company's 2024 report and authorized the board of directors to increase the share […]
Hungary continues to strengthen its position in the pharmaceutical industry as Singapore-based Hongene Biotech has announced the establishment of its first European manufacturing facility in Gödöllő, just east of Budapest. The nearly EUR 94 million greenfield investment will create 150 new jobs and contribute significantly to Hungary’s export performance, according to the Hungarian Investment Promotion […]
In March 2025, the average number of employed persons aged 15–74 was 4,701,000 in Hungary. The number of unemployed persons was 211,000 and the unemployment rate 4.3%, the Central Statistical Office (KSH) reports. In the period January–March 2025, the average number of employed persons aged 15–74 was 4,692,000. The number of employed persons was 2,493,000 […]
Appeninn Plc., which is a major player in the Hungarian real estate market, and also present in the Polish real estate market since 2023, has revealed its short-term sustainability strategy as well as sustainability vision for the next 10-15 years on the website of the Budapest Stock Exchange. According to the report, it is essential […]
Budapest-based pharmaceutical company Gedeon Richter Plc. has received positive opinion from CHMP for marketing authorization for Junod and Yaxwer, its biosimilar denosumab products for bone disease and osteoporosis. Budapest-based pharmaceutical company Gedeon Richter Plc. has announced on the website of the Budapest Stock Exchange that it received a positive opinion from the Committee for Medicinal […]
Masterplast Plc. has stabilized its financial management in the 2024 financial year, primarily by reorganizing its operational processes, increasing production efficiency and making redundancies, the company’s CEO Tibor Dávid announced at the group's investor briefing on Thursday. Speaking at the event, held at the group's headquarters in Sárszentmihály, southwest of Budapest, the CEO said the […]
PannErgy Plc. will not pay a dividend this year, and the profit for 2024 will be transferred to the profit reserve, according to a resolution published on the website of the Budapest Stock Exchange (BSE) on Friday. The general meeting approved the 2024 parent company income statement with a profit after tax of HUF 148 […]
