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Budapest Airport to Help People with Hidden Disabilities

D&T
Oct 21, 2024

One in six people in the world live with some kind of disability, but it is not always easy to see for outsiders. This year, Budapest Airport, the management company of the Hungarian capital’s Ferenc Liszt International Airport, has launched several initiatives at the airport to make travelling more pleasant and relaxing for people with […]

Half a Billion Bottles and Cans Returned at REpoints

D&T
Oct 20, 2024

The number of bottles and cans returned under the new recycling system has reached half a billion this week, Mol's waste management concession company MOHU has told MTI. The statement said that MOHU's goal is to recycle at least 90% of beverage packaging in Hungary, where it is estimated that more than 3 billion beverage […]

Int’l Sustainability Certification for Mercure Debrecen

D&T
Oct 19, 2024

The Mercure hotel in Debrecen has been awarded the BREEAM Excellent international sustainability rating, it has announced at a press conference held at the hotel. BREEAM is a sustainability rating system developed in the United Kingdom, and currently Mercure Debrecen is the highest-scoring BREEAM-certified hotel in Hungary. That was stated by Sándor Szabó, Deputy General […]

47% of Hungarian Firms Spend More on Employer Branding

D&T
Oct 19, 2024

The role of employer branding in the corporate sector to find and retain employees will continue to grow: 47% of companies surveyed will increase their employer branding budgets in 2025, despite the economic challenges, according to the Brandfizz Employer Branding Compass National Employer Brand Survey sent to MTI. The survey says only 7% of those […]

ALTEO Acquires 100% of Mov-R H1 Ltd.

D&T
Oct 18, 2024

The Hungarian energy distribution company ALTEO Plc. has announced on the website of the Budapest Stock Exchange that it signed this Friday business quota sale and purchase contracts with the Hungarian company Pannonia Bio Plc. and the Spanish firm CEOLICA HISPANIA for the acquisition of 100% of the business quota of the Hungarian renewable energy […]

Women Welcome in Engineering Professions

D&T
Oct 18, 2024

More than 700 female students took part in the TechCsajok [‘TechGirls] career orientation event in Budapest and Debrecen, presenting the possibilities of engineering careers, the German-Hungarian Chamber of Industry and Commerce (DUIHK) has told MTI . DUIHK has been organizing the career orientation roadshow since 2017 with the support of its member companies to promote […]

Hungary’s Economic Stagnation and Weak Forint to Halt Rate Cuts

D&T
Oct 17, 2024

Hungary's economy faces a challenging third quarter with zero growth expected and the forint at an 18-month low against the euro. This gloomy outlook could force the central bank to maintain current interest rates for an extended period. Deputy Governor Barnabás Virág of Hungary's central bank signaled a potential pause in interest-rate cuts at a […]

Strategic Partnership Between Mol and Turkish Petroleum

D&T
Oct 17, 2024

The Mol Group and Turkish Petroleum Corporation (TPAO) signed a Memorandum of Understanding in Istanbul to work together as strategic partners in the field of hydrocarbon exploration and production, the oil and gas group has announced. The statement says the companies are taking their cooperation in Turkey to a new level after successful joint international […]

Provident Expands Cooperation with Interchurch Aid

D&T
Oct 16, 2024

Developing financial literacy and self-care is of paramount importance in improving the quality of life, especially in social groups where adults, even if they have their own income, lack financial security. The Hungarian Interchurch Aid organization (HIA) and Provident Financial Ltd. have been working together as strategic partners for two years now to give as […]

Hungarian Design Furniture in an Italian Luxury Hotel

D&T
Oct 16, 2024

After several years of renovation, the iconic Art Nouveau building, once known as the Grand Hotel Milano, is set to open in one of the hearts of Italian luxury, towering over Lake Como. The historic building will soon be revitalized as the Nuvole Garden, with a vision by Hungarian designer Zoltán Varró. According to a […]

PannErgy Sold More Heat in Q3 2024 Than in Q3 Last Year

D&T
Oct 15, 2024

The Hungarian company PannErgy sold 163,101 gigajoules (GJ) of heat in the third quarter, 5.3% more than in the same period last year, the company said in its production report published on the Budapest Stock Exchange (BSE) website on Tuesday, while confirming the expected achievement of its consolidated EBITDA (earnings before interest, tax, depreciation and […]

Small Early Steps for a Sustainable Pension System

D&T
Oct 15, 2024

Long-term demographic trends have an impact not only on the working-age population but also on future pensioners. Currently, there are 1 million 998 thousand old-age pensioners in Hungary, a number that is set to grow significantly in the coming years. How does this affect the sustainability of the pension system? That is the question the […]

AutoWallis Car Sales Continue to Pick Up

D&T
Oct 15, 2024

The AutoWallis Group's Retail Division increased its new car sales by nearly 20% in the first nine months of the year, while used car sales grew by 32%. The Wholesale Business of the region's leading car dealer and mobility provider has been steadily increasing its sales since last autumn compared to the same quarter last […]

Real Estate Market to See Strong End to the Year

D&T
Oct 14, 2024

Experts expect a strong end to the year on the real estate market, with the 9,754 transactions estimated by the real estate brokerage firm Duna House for September exceeding the previous month's value by 4.8% and the year-earlier value by 20.9%, the company told MTI on Monday. Duna House estimates that 92,000 transactions have been […]

Support Program for Firms Going Public

D&T
Oct 14, 2024

A joint program of OTP Bank and the Budapest Stock Exchange (BSE) will provide dedicated training and events to support Hungarian companies preparing for listing on the stock exchange, the two institutions said in a joint statement on Monday. According to the information, those interested in the joint program of OTP Bank and BSE can […]

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