The Budapest Stock Exchange's (BSE) share index, the BUX, rose by 493.43 points, or 0.75%, to end the week at 66,263.18 points, compared to the previous Friday's close. Total turnover fell from HUF 49.619 billion to HUF 48.912 billion on a weekly basis, with leading stocks performing mixed. In its weekly summary, Equilor Investment Plc. […]

Accor, the world's leading hotel group, achieved a record high EBITDA (earnings before interest, taxes, depreciation and amortization) of more than EUR 1 billion in 2023, and also closed a successful year in Hungary, the company told MTI on Friday. Accor achieved a record high result in 2023, with EBITDA crossing the EUR 1 billion […]

The first BYD passenger cars sold in Hungary were handed over to their owners in a ceremony attended by BYD's top managers who are in Hungary for the first time. At the ceremony, Michael Shu, Managing Director of BYD Europe, recalled that the company entered Hungary 19 years ago as a bus manufacturer and started […]

Hungary, the final NATO member yet to endorse Sweden's entry into the world’s largest military alliance, has signaled readiness to greenlight the Nordic nation's bid this month. Prime Minister Viktor Orbán, in a state-of-the-nation address in Budapest, hinted at a resolution to the standoff, marking a potential end to months of diplomatic deadlock. "Our disagreements […]

More coffee, accessories and other products than ever before from around fifty exhibitors, barista championships and twelve accompanying programs await the 14th CoffeeBar Bazaar on Saturday and Sunday in Hall B of Millenáris Park in Budapest. Visitors to the country's largest coffee festival can sample exhibitors' products for free with the purchase of a ticket. […]

The 46th Travel Exhibition and 32nd Budapest Boat Show opened at the Hungexpo Budapest Congress and Exhibition Center on Thursday. The focus of the exhibition this year is on active and adventure tourism. Klára Tihanyi, Director of the Utazás+ Exhibition, added that the Utazás+ Exhibition will be organized in a renewed form and content this […]

AutoWallis Distribution, a subsidiary of the AutoWallis Group, will be the wholesale distributor of the Opel brand in Hungary, Bosnia and Herzegovina, Croatia and Slovenia for another five years, at least until the end of 2028, the AutoWallis Group told MTI on Thursday. Gábor Ormosy, CEO of AutoWallis Plc, said in a statement that the […]

The renowned Hungarian artist Tivadar Csontváry Kosztka's priceless painting of the Moon in Taormina, which has not been seen by the public for a long time, will be included in the exhibition entitled Rome - Budapest, opening at the Judit Virág Gallery this Thursday, the gallery told MTI on Wednesday. According to the statement, the […]

Gábor Földvári, the CEO of Nap Plc., the stock exchange company that owns and operates solar power plants, discussed the potential role of wind power plants at a briefing on Wednesday. Electricity consumption has fallen significantly in the past year. The weather has been kind and everyone has started to save energy. However, savings measures […]

According to a decision of the Minister of National Economy, 18 new logistics parks will be created in Hungary, the Ministry of National Economy said in a statement quoted by the financial news site portfolio.hu. The Hungarian government has created the legal framework for logistics parks in 2023, and the new certification system aims to […]

Veolia Invest Hungary and Uniper Group signed a sale and purchase agreement for the acquisition of 100% of the shares of Uniper Hungary Energetikai Ltd. The purchase of the company, which owns and operates the Gönyű power plant, Hungary's most modern and one of the largest combined cycle gas turbine power plants, fits well into […]

The 200th aircraft has arrived in Wizz Air's fleet, reducing the average age of the airline's fleet to 4.2 years, the company told MTI on Tuesday. The new Airbus A321neo will be based at London-Luton Airport. The Airbus A321neo aircraft's avionics offer significant environmental benefits. The model can now fly on up to 50% sustainable […]

Since last August, double capacity has been available on the apron of the BUD Cargo City, enabling the concurrent handling of four code F aircraft. In December, another milestone was reached in the development of the complex, and February saw the handover of the 10,000 square meters of new warehouse space, which, together with offices […]

The Budapest Stock Exchange's (BSE) share index, the BUX, rose by 786.77 points, or 1.21%, to end the week at 65,769.75 points, compared to last Friday's close, MTI reported Sunday morning along with a brief analysis of the week’s trading, Total turnover rose from HUF 37.747 billion to HUF 49.618 billion on a weekly basis, […]

According to the fourth quarterly survey of the K&H SME Confidence Index 2023, which indicates the expectations of micro, small and medium-sized enterprises in Hungary for the upcoming period, the turnover of companies may again rise above the annual inflation rate this year, K&H told MTI on Friday. The bank has been continuously compiling the […]