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 […]
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 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 […]
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 […]
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 […]
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, […]
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 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 […]
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 […]
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 […]
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 […]
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 […]
