Budapest Airport, the operator of the Hungarian capital’s Ferenc Liszt International Airport and part of the VINCI Airports network, has achieved an important milestone in sustainability. Budapest Airport’s subsidiary, Airport Fuel Supply Ltd., has successfully passed the audit criteria for the introduction of sustainable aviation fuel (SAF) at Ferenc Liszt International Airport. Certification is a […]
Magyar Telekom, the leading Hungarian telecommunications service provider, has announced on the website of the Budapest Stock Exchange that it has entered into an agreement to sell ViDaNet Plc., a company providing fixed services, to URSUS Investment and Asset Management Plc.. In a multi-step process, Magyar Telekom is divesting its shareholding in ViDaNet Plc., while […]
MVM Mobiliti's 300 kilowatt (kW) ultra-fast chargers are now available at ten locations, including Székesfehérvár, Dunakeszi, Szolnok and Kecskemét, MVM Mobiliti Ltd., the operator of the country's largest e-charger network, told MTI on Friday. According to the statement, MVM Mobiliti's first project, supported by the European Union's CINEA (European Climate, Environment and Infrastructure Executive Agency), […]
Another milestone has been reached for the 130-year-old New York Café, which is considered to be the most beautiful café in the world. The iconic establishment on Erzsébet körút in Budapest will open nightly from March 1st, after a test run, and will offer a nightly menu: from Thursday to Sunday, from midnight, giving more […]
Rossmann, the renowned drugstore chain, has commenced the installation of advanced system technologies in its new logistics hub in Üllő, just south of Budapest. The facility was handed over under early access terms by the developer, Panattoni Hungary, and owner OTP Real Estate Investment Fund. This HUF 20 billion project, one of the largest build-to-suit […]
A recent report by the McKinsey Global Institute (MGI) highlights a pressing concern: declining fertility rates and aging populations are poised to significantly impede economic growth, particularly in countries like Hungary and various emerging economies. Countries will need to raise fertility rates to avert depopulation—a societal shift without precedent in modern history. Hungary has been […]
In the first month of this year, the slightly negative trend continued: according to the survey conducted by the GKI Economic Research Institute with the support of the EU, the outlook for both the business sector and consumers deteriorated compared to December, although in both cases only within the statistical margin of error. Even so, […]
The airline Wizz Air broke its own passenger traffic record again in 2024, carrying 63 million passengers on almost 300,000 flights, a 23% increase compared to 2023, the airline told MTI on Thursday. In 2024, 6.4 million passengers travelled from Hungary with Wizz Air, a 23% increase compared to 2023. Last year, Wizz Air launched […]
The meat processing company Hungerit Plc. is investing EUR 97.6 million in a modern greenfield chicken slaughtering and processing facility in Szentes, SE Hungary, the Hungarian Investment Promotion Agency (HIPA) report. Spanning 23,000 square meters, the facility will significantly expand the company’s broiler operations in Szentes, allowing it to double its annual processing capacity from […]
A direct flight is to be launched between Budapest and Kuwait City, courtesy of Jazeera Airways. The memorandum of understanding on this was signed in January between the airline and the operator of the Hungarian capital's Ferenc Liszt International Airport, Budapest Airport, the latter one has announced in a statement. The flights will operate from […]
Auchan Hungary is opening a new, innovative retail unit in the capital, the essence of which is that customers can enter the store, shop and pay at any time with the help of an application, the retailer informed MTI on Wednesday. The new store format will be of 18 square meters, open 24 hours a […]
The climate resilience of Hungarian agriculture needs to be strengthened, and the government supports farmers in this, Minister of State for Agriculture and Rural Development of the Ministry of Agriculture (AM), according to Zsolt Feldman who spoke at the opening of the 43rd AGROmashExpo international agricultural and field machinery exhibition in the Hungarian capital on […]
There was strong investor interest in MBH Bank Plc's new international MREL-eligible bond 2025 on January 21, according to the financial institution. A total of more than EUR 1.6 billion was offered by investors, which is more than three times the minimum target set at the start of the offering, the bank told MTI on […]
The modern office stock in Budapest increased by 2,150 square meters in the fourth quarter of 2024, thanks to the handover of the Liget Center Vitrum office building, the Budapest Real Estate Consultants Forum (BRF) told MTI on Tuesday. The total modern office stock in Budapest currently amounts to 4,455,615 square meters, of which 3,604,010 […]
The Neumann Society, named after Hungarian-born American mathematician János Neumann, who became known for laying the foundations of the digital computer, paid tribute to 66 years of Hungarian computer science at a conference on Hungarian Computer Science Day in Budapest this Tuesday. The President of the János Neumann Computer Science Society (NJSZT) and Rector of […]
