Budapest Airport, the operator of the Hungarian capital's Ferenc Liszt International Airport and part of VINCI Airports’ network, has announced the launch of new Jet2.com flights from Budapest to East Midlands Airport and Newcastle in England. The two new destinations will be added to the airline’s current services to Manchester, Birmingham and Leeds Bradford in […]
The NUMA Group, one of Europe's leading digital tourism operators, has announced its entry into the Hungarian market with the opening of its first innovative 170-unit property in the heart of Budapest, further strengthening its presence in the Central and Eastern European region. The project is a partnership with GTC, a leading investor and developer […]
The market expects investor activity in the Hungarian commercial real estate market to increase this year, mainly due to improving investor sentiment, the lowering of the European Central Bank (ECB) base rate and the increasing presence of foreign working capital from Asia, international real estate consultancy Colliers said on Tuesday, according to MTI. They added […]
The value of Hungarian export in EUR terms lessened in December 2024 by 0.5%, that of import by 7.0% compared to the same period of the previous year, the Central Statistical Office (KSH) reports. The balance of the external trade in goods improved by EUR 684 million. Compared to the previous month, the level of […]
Wilhelm "Willy" Maywald (1907-1985), German photographer and former in-house photographer at Dior, opens an exhibition at the Virág Judit Gallery in Budapest on Thursday. The artist, best known for his portrait and fashion photography, was a chronicler of the cream of the Parisian art world, according to a statement sent to MTI by the Virág […]
Sport and art go hand in hand, together expressing fair play, excellence, morality, talent and other universal values. At the recent Sportsman of the Year Gala, the trophies awarded to the winners were made by the ZEMA porcelain jewelry manufactory, which has been a committed supporter of the sporting scene in Hungary for many years. […]
The Hungarian IT company Csiha Plc., based in Szeged, SE Hungary, is developing a controlling system for the automation of warehouses with the support of the National Research, Development and Innovation Office (NKFIH), the firm informed MTI. According to the press release, the important aim of the developments in the logistics and warehousing sector is […]
Industrial producer prices were 9.0% higher on average in December 2024 than one year earlier. Domestic output prices were 4.0% and non-domestic output prices 11.5% higher than in December 2023, the Central Statistical Office (KSH) reports. The price rise was primarily caused by the weakening of the forint exchange rate against the euro. Compared to […]
Hungary’s economy is showing tentative signs of recovery after stagnating through much of 2024, weighed down by sluggish demand from key eurozone trading partners. Yet, the broader outlook remains lackluster. Fresh data released by the country’s statistical office this week revealed that gross domestic product (GDP) grew by 0.5% in the fourth quarter compared to […]
Henkel Hungary has doubled the production capacity of its multi-technology adhesive plant in the western hungarian village of Környe, recognized as a key operation within the global network of the German multinational. The EUR 30.0 million investment involved the installation of new production lines, enabling the company to better serve its furniture and food industry […]
Toyota expects the new car market in Hungary to stagnate in 2025, but it is realistic to maintain its multi-year leadership by setting a new sales record and supporting this by repositioning the prices of its plug-in hybrid models, Toyota Central Europe Ltd., the company responsible for imports in Hungary, said in Budapest. According to […]
Coca-Cola HBC Hungary is preparing to open 15 staffless and cashierless stores in three years with a total investment of more than HUF 250 million, and the company plans to triple its revenue from this commercial solution by the end of 2026, the company told MTI on Wednesday. According to the information, the soft drink […]
According to the latest survey by the Business Council for Sustainable Development in Hungary (BCSDH), conducted with professional support from Deloitte, 66% of Hungarian companies committed to a sustainable transition have defined specific climate protection goals. Additionally, the number of companies measuring emissions across their entire value chain has doubled. The BCSDH survey reveals a […]
The Hungarian Diplomatic Academy (MDA) has signed a cooperation agreement with Continental Autonomous Mobility. The aim of the MDA's Corporate Diplomacy Program, which is overseen by the Ministry of Foreign Affairs and Trade, is to deepen cooperation between the corporate sector and the foreign service, MDA told MTI. Since its establishment in 2020, MDA has […]
Every second Hungarian company surveyed expect their net sales to increase this year, two-thirds of those surveyed expect a 4-10% increase and 21% expect an even higher increase, according to the results of Randstad 2025 HR Trends, the results of which were released to MTI on Monday. The survey, which was conducted between October and […]
