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2025

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Sustainability Report by Most Large Hungarian Firms in 2024

D&T
Feb 10, 2025

78% of Hungary's 100 largest companies prepared a sustainability report last year, and their performance in terms of emissions was better than the global average, KPMG said on Monday. According to the consultancy's international survey, the leading domestic companies are performing in line with the global average in sustainability reporting, although the majority of them […]

Donald J. Trump and a Brave New World?

Tamás Magyarics
Feb 10, 2025

Though not all the U.S. presidents have left a deep imprint on world affairs, Donald J. Trump’s presidency promises to be consequential. The 47th President has a larger elbow room than the 45th had: Donald J. Trump does not need worry about the next presidential election personally – that is another question that a responsible […]

Activities at Lake Balaton during the Carnival Period

D&T
Feb 8, 2025

Dozens of programs – including festivals, balls, costume parades, cycling tours and car rallies – await visitors to Lake Balaton during the carnival period, the Balaton Tourism Association told MTI on Saturday. In their statement, they wrote that this year, at least thirty to forty carnival events and winter carnival balls will lure visitors to […]

Honesty and Transparent Management

Sándor Laczkó
Feb 7, 2025

Viktor Boczán, who has been the Chief Executive Officer of Provident Hungary since last year, returned to his home country from the Czech Republic to bring his diverse and cross-functional experience of more than 23 years to the company to help it achieve its growth-focused financial plans. He spent five years in top management positions […]

New Direct Flights from Budapest to Kazakhstan  

D&T
Feb 7, 2025

Just six weeks into the new year and another new airline is added to the schedule of the Hungarian capital’s Ferenc Liszt International Airport. The new direct service between Budapest and Shymkent, Kazakhstan, will be operated by SCAT Airlines from May 27, the airport operator, Budapest Airport says in a statement. SCAT Airlines will operate […]

Japanese Café Opens in Budapest

D&T
Feb 7, 2025

The % Arabica Japanese café chain has opened a new unit in the Hungarian capital. The café has been given an extremely clean design. The Budapest store has beens designed by the renowned French architectural studio Ciguë, which points outs that % Arabica Budapest is housed in a historic building designed by József Hild in […]

Hungary’s Industrial Slump Signals Slow Recession Recovery

D&T
Feb 7, 2025

Hungary’s economic recovery is faltering as industrial output plunged and retail sales stagnated, raising concerns over the country’s ability to rebound from recession. The forint weakened against the euro, adding further pressure to the fragile recovery. Industrial production fell by a workday-adjusted 6.4% in December compared to a year earlier, driven by a downturn in […]

Direct Transport Link between Hungary and Bulgaria

D&T
Feb 6, 2025

Logistics service provider Dachser, strengthening its Kecskemét branch in east central Hungary, has launched a new direct transport route between that city and the Bulgarian capital Sofia, the Hungarian subsidiary told MTI in a statement on Thursday. Liegl & Dachser Forwarding and Logistics Ltd. pointed out that the accession of Romania and Bulgaria to the […]

International Exhibition for Arms, Fishing and Hunting

D&T
Feb 6, 2025

The 31st FeHoVa Weapons, Fishing, Hunting International Exhibition opened on Thursday at the Hungexpo Budapest Congress and Exhibition Center, with 200 exhibitors from 13 countries presenting their products at the event, which will be open until 9 February. At the opening ceremony, the Hungarian Minister of Agriculture István Nagy stressed the need to preserve the […]

Box of Glory

D&T
Feb 6, 2025

2024 has been a very eventful and professionally successful year for the Hungarian packaging firm Sz.Variáns, as János Szakál, the company's managing owner, was nominated for the Ernst & Young "Businessman of the Year" award. In addition, the company has received a number of prestigious awards over the past year, including the Store Insider Award, […]

Over a Million Aircraft Used Hungary's Airspace Last Year

D&T
Feb 5, 2025

HungaroControl recorded record traffic in Hungary's airspace in 2024 with 1 million 143,937 aircraft, of which almost 84% were overflights, and strong traffic is expected to continue this year, the Hungarian air traffic service provider told MTI on Wednesday. It was recalled that HungaroControl was the first in Europe to abolish the air route network […]

Burger King Opens its 59th Restaurant in Hungary

D&T
Feb 4, 2025

Burger King has opened a restaurant in Budakalász, the 59th Hungarian unit of the fast-food chain, creating around 30 jobs in one of the key settlements of the North Buda region, Burger King said in a statement on Tuesday. Burger King's Hungarian operator, Fusion Plc., said in response to a question from MTI that they […]

Gross Profit Up by 13.8% in 2024 at Shopper Park Plus

D&T
Feb 4, 2025

The Shopper Park Plus Group's profit after tax for 2024 was EUR 24.9 million, significantly higher than the profit of EUR 11.4 million in the same period of the previous year. The SPP Group's gross profit improved by 13.8% in 2024 compared to the previous year, driven by both an increase in rental income and […]

Active Start to the Year in the Domestic Real Estate Market

D&T
Feb 4, 2025

As expected, the year started actively on the domestic real estate market, with 9,267 sales in January, a 9% decrease compared to December, but almost 11% more than in January last year, Duna House said on Tuesday, based on its own estimates, according to MTI. According to the real estate brokerage's forecast, the real estate […]

Management Report: 2024–2025 Q1-3 Sales Up at Zwack Unicum

D&T
Feb 4, 2025

The Board of Directors of the Zwack Unicum Plc. has approved the Management’s report about the results of the Company in the first three quarters of the 2024–2025 business year, the company has announced on the website of the Budapest Stock Exchange. As the Management Report highlights, total gross sales of the company were HUF […]

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