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Olympic Champion Passes Away at the Age of 103 Years

D&T
Jan 2, 2025

Five-time Olympic champion gymnast Ágnes Keleti, the Sportswoman of the Nation, Hungary's female athlete with the most Olympic medals, the world's oldest living five-time Olympic gold medalist and the oldest ever five-time Olympic gold medalist, passed away at the age of 103 years on Thursday morning. Ágnes Keleti – who would have celebrated her 104th […]

Housing Market Could Take Off in 2025

D&T
Jan 2, 2025

The year 2024 brought a recovery in the market for residential property for sale, partly due to lower lending rates and the additional subsidy for housing loans; according to last year's data and the current outlook, the housing market can expect to continue from momentum in 2025, according to ingatlan.com's own advertising data, MTI reported […]

Corporate E-Car Program to Cross the Finish Line in 2025

D&T
Jan 1, 2025

Since February, domestic companies can apply for a subsidy of HUF 2.8-4 million per vehicle for the purchase of a pure electric car, van or minibus. More than two thirds of the EUR 30 billion budget was put out to tender last year, over half of it has been contracted and almost a fifth has […]

Trustify to Develop a Solar Park in Kiskunhalas

D&T
Dec 31, 2024

Trustify Investment Fund Management is providing funding for the development of a 40 megawatt solar park and related storage capacity in Kiskunhalas, the company's communications agency told MTI on Monday. According to the NEST Communications agency, the private equity fund management company is primarily looking for capital investment opportunities that focus on the production and […]

Economic Sentiment Index Hardly Changed in December

D&T
Dec 30, 2024

According to the empirical survey conducted by GKI Economic Research Co. with the support of the EU, the outlook for the business sector deteriorated further in December, but consumers became slightly more optimistic. GKI’s business climate index has been falling in small steps but essentially flat in the second half of this year, slipping to […]

Former Suzuki Motors Chairman and CEO Passes Away

D&T
Dec 28, 2024

Suzuki Motors' former chairman and CEO, Suzuki Osamu has died at the age of ninety-four, the Japanese automaker announced on Friday. The former Suzuki leader died on Wednesday of lymphoma, the company said in a statement. He joined Suzuki in 1958, a company founded by his wife's grandfather, and rose through the ranks to become […]

Hungary Slashes Guest Worker Quota for 2025

D&T
Dec 27, 2024

Hungary’s fiercely anti-immigration government is halving the number of guest worker permits to be issued in 2025. With an aging population and a reliance on labor-heavy industries, experts worry that the country may face a critical labor shortage. "Hungary belongs to Hungarians; it will neither become a guest worker country nor a migrant country," the […]

Waberer’s Acquires 70% Stake in GYSEV CARGO

D&T
Dec 24, 2024

WABERER’S INTERNATIONAL Plc. has announced that it signed a sale and purchase agreement this Monday to acquire a 62.5% stake in GYSEV CARGO Plc. and committed to a further capital increase in GYSEV CARGO after the closing of the transaction – in the expected value of cca. HUF 2 billion – to develop the railway […]

Trading of Gránit Bank Shares Starts at the BSE

D&T
Dec 23, 2024

Gránit Bank has carried out the largest public offering of shares in Hungary in the last 25 years, the founder and CEO of Gránit Bank Plc., Éva Hegedüs said on Monday after the bank's shares were launched on the standard category of the Budapest Stock Exchange (BSE) with a symbolic bell. Éva Hegedüs stressed that […]

Budapest Airport Donates Over HUF 35 Mn for Christmas

D&T
Dec 23, 2024

The operator of the Hungarian capital’s Ferenc Liszt International Airport, Budapest Airport, which is part of the VINCI Airports network, considers it a priority to help the disadvantaged, and has made awareness-raising and education, as well as the development of the surrounding areas, a central part of its responsibility strategy, the company says in its […]

ORLEN Offers Festive Convenience, Easy Shopping

D&T
Dec 23, 2024

During the Christmas and New Year holiday period, ORLEN Hungary continues to ensure the convenience of its customers, providing them with the opportunity to purchase the products they need quickly and conveniently. In the nationwide network, drivers can not only refuel and even buy last-minute gifts, but also get essential groceries at 70 DESPAR service […]

October External Trade in Goods Surplus: 1 Bn

D&T
Dec 23, 2024

The surplus of the external trade in goods was EUR 1.0 billion, compared to the previous month, the adjusted volume of export lessened by 1.3%, that of import by 1.4%, the Hungarian Central Statistical Office (KSH) reports. The volume of export lessened by 0.3% and that of import surpassed the same period of the previous […]

Aldi Expands its Network in Hungary

D&T
Dec 21, 2024

As in previous years, the retail chain opened ten new stores in Hungary this year and intends to maintain this pace of development in the future, the company told MTI on the occasion of the opening, on Friday, of its 182nd store in Hungary. The supermarket chain's newest store is also its largest: the store […]

Passenger Traffic at Budapest's Main Airport Near Record

D&T
Dec 20, 2024

The Ferenc Liszt International Airport of the Hungarian capital recorded extremely strong passenger traffic in November, with a total of 1,401,245 passengers using it, which is not only 22% higher than last year’s figures, but also 10% higher than the previous record-breaking November of 2019. At the same time, cargo traffic hit all-time high, the […]

Christmas Time in Slovakia

D&T
Dec 20, 2024

Wander through the charming historic streets, indulge in festive punch and Christmas delights and soak in the enchanting holiday atmosphere of Bratislava, illuminated by twinkling lights. Experience the magic of Advent concerts, vibrant Christmas markets, and a fun-filled program for children. Christmas in Bratislava is an experience you don’t want to miss! Visitors are encouraged […]

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