Hollywood producer Andy Vajna was born 80 years ago, on August 1, 1944, and to mark the occasion, the Hungarian Hollywood Council (MHT) has declared August 1 as Andy Vajna Memorial Day. According to Balázs Bokor, President of the MHT, Andy Vajna did a lot to bring Hungary back to the forefront of world cinema […]
So far, more than 3,400 companies have requested funds for the purchase of green vehicles, the requests received so far together cover more than half of the total amount of HUF 30 billion, around HUF 16 billion, the Ministry of Energy (EM) reported. The largest proportion of subsidies were requested for passenger cars, this category […]
The OTP Group closed the sale of OTP Bank Romania and other Romanian subsidiaries with the buyer Banca Transilvania (BT). The transaction was approved by the Romanian Competition Authority and the Romanian National Bank. The purchase of OTP Asset Management by Banca Transilvania is in the final approval process. In February of this year, the OTP Group and Banca Transilvania announced […]
Low budget air carrier Wizz Air will launch four new flights this fall thanks to the expansion of its fleet in Budapest: from October it will be directly accessible by plane to Genoa, Girona, Marrakech, and from December to Memmingen. In addition, Wizz Air is increasing the frequency of its flights on several popular routes, […]
The fact that the time required to sell residential properties has decreased clearly shows the revival of the housing market, the Hungarian real estate site ingatlan.com reported. Based on their data, the apartments offered for sale in the second quarter were sold in an average of 94 days, while in the first quarter it took […]
Hungarian FloeWater's bottled water was a major success on the international market, winning the prestigious Monde Selection gold medal. This new, revolutionary product, which appeared on the market this year, was also proven before the experts of the food certification institute, the company said in a statement. Operating since 1961, Monde Selection, one of the […]
Hungary's GDP was boosted the most by the construction sector and real estate transactions, as well as by the balance of product taxes and subsidies, according to a report by the country's Central Statistical Office (KSH). The Central Statistical Office said Hungary's gross domestic product grew by an annual 1.5% in the second quarter of […]
The 39th Formula One Hungarian Grand Prix brought an explosive weekend to the capital, which was also enhanced by the Ed Sheeran concert on July 20. According to the data of the National Tourism Data Supply Center (NTAK), July 19-21. Budapest hosted 38% more foreign visitors and 36% more domestic travelers than last year. The […]
More people vacationed in Hungary this year than ever before: in the first two hundred days of the year, the number of tourists increased by nearly 12%, and the number of guest nights by almost 8% compared to last year, according to the Hungarian Tourism Agency (MTÜ). According to data from the National Tourism Data […]
The four new boats of Balatoni Hajózási Zrt. (Bahart Plc.) received prestigious international recognition just a few months after they were put in operation. The new boats won the world's most prestigious design award, the RED DOT Design Award, as well as the renowned international iF Design Award. The former can be won by excellence […]
77-year-old Pulitzer Memorial Prize-winning photographer, Tamás Révész co-authored a book with his teenage grandson living in New Jersey. Moreover, it recounts the first year of a poodle puppy's life, told from the perspective of the dog, narrated by the grandson, Joel Révész, and illustrated through the photographs of Tamás Révész, a photojournalist recognized with the […]
Is workplace well-being just a good-sounding concept, or is it actually a means of retaining the workforce? The latest research by No Fluff Jobs looked for the answer to what are the factors that can influence the development and satisfaction of employees, based on the experiences of IT and HR professionals. The report also reveals […]
Compared to recent years, the financial situation of Hungarians has improved in several respects: the number of those who have some money left at the end of the month has increased and the number of those who have no savings has decreased, according to a representative survey commissioned by Provident Financial Ltd.'s parent company International […]
The German do-it-yourself machine manufacturer Einhell, which has until now only carried out commercial activities in Hungary, is building a factory in the country, the Hungarian Investment Promotion Agency (HIPA) reports. The opening of a new facility employing 80 people marks a new chapter for Einhell, the German producer of battery-powered DIY and garden tools. […]
The new investment of about HUF 21 billion by BC GEN Hungary Ltd., an automotive supplier company with a South Korean ownership, will create four hundred new jobs in Salgótarján, Minister of Foreign Affairs and Trade Péter Szijjártó announced in Budapest. The development is supported by HUF 3.75 billion in Hungarian state subsidy. According to […]
