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Lidl and Graphisoft Park Win Deloitte's Green Frog Award

D&T
Jan 26, 2024

Lidl Hungary has won the 2023 Green Frog Award for the best sustainability report, while Graphisoft Park has been awarded the special prize for the first best report, Deloitte Hungary, the award's promoter, announced on its website. The consultancy firm said that the Green Frog Award aims to recognize companies where sustainability is an integral […]

HEINEKEN Prepares for a Carbon-Free Future

D&T
Jan 26, 2024

HEINEKEN, a beer manufacturer with a presence in more than 70 countries worldwide, has chosen Siemens as a partner to implement its global net-zero emissions roadmap, which aims to reduce its direct (Scope 1) and purchased energy (Scope 2) emissions to net zero across all its production facilities by 2030. The two companies will thus […]

Hungary faces international pressure to approve Sweden’s NATO bid

D&T
Jan 26, 2024

Hungary stands at a crossroads, facing mounting international pressure to cast the decisive vote for Sweden's NATO membership. Despite the urging from both sides of the Atlantic, Prime Minister Viktor Orbán's inner circle, including László Kövér, Speaker of the Hungarian Parliament, shows no signs of haste. International pressure is mounting on Hungary to cast the […]

Kempinski Hotel Corvinus Budapest Recognized for Sustainable Practices

D&T
Jan 25, 2024

Kempinski Hotel Corvinus Budapest has achieved Certified Silver Status through EarthCheck, the world’s leading business advisory group specializing in sustainability and destination management for the travel and tourism industry. This is such an important milestone, the hotel said in a press statement. “The EarthCheck Certified Silver confirms our mission and achievements in environmentally responsible practices,” […]

Toyota Could Continue to Grow in Hungary This Year

D&T
Jan 25, 2024

Sales of the Toyota brand could even expand in 2024 in Hungary, where market players forecast a further decline in new car sales, Toyota Central Europe - Hungary Ltd. said at a press conference in Budapest on Tuesday. According to the importer's executives, this is based on the brand's strong model offensive in a slowly […]

Hungarian Tourism Outperformed 2022 Last Year

D&T
Jan 25, 2024

Last year, Hungarian tourism not only surpassed the results of the year 2022, but also reached and sometimes even exceeded the record year 2019, Zoltán Guller, Chairman of the Board of Directors of the Hungarian Tourism Agency (MTÜ), said at a press conference held on the basis of preliminary data in Budapest on Thursday. He […]

27 Firms in the BCSDH Sustainability Partner Search

D&T
Jan 25, 2024

The Business Council for Sustainable Development in Hungary (BCSDH) has a cross-sector membership of more than 140 companies, enabling it to effectively promote partnerships to accelerate carbon neutrality and systemic processes. The organization has held its third Sustainability Partner Search for member companies this week with the event hosted by UniCredit Bank and the participants […]

Nestlé and Tesco: HUF 16 Mn for the Hungarian Food Bank

D&T
Jan 24, 2024

As a result of their joint campaign last fall, Tesco and Nestlé have donated HUF 16 million to the Hungarian Food Bank Association, the latter informed MTI on Wednesday. As part of the charity campaign announced in the fall of 2023, Nestlé donated 1% of the value of the products sold in Tesco stores to […]

Hungarian Bronze at the Ice Cream World Cup

D&T
Jan 23, 2024

After the bronze medal at the European Championship, the Hungarian team of Renáta Somogyi, István Gaborecz, Sándor Fodor, Zoltán Gácsi, Krisztián Füredi won the bronze medal at the 10th anniversary Gelato World Cup in Rimini, Italy, the Hungarian Confectioners' Association announced to MTI on Tuesday. According to the information released, the bronze medal at last […]

Number of ORLEN Stations Almost Doubles in Hungary

D&T
Jan 23, 2024

From January to the end of April, ORLEN Hungary will own 63 petrol stations, which will make the company's pumps available at a total of 141 locations on the Hungarian market, ORLEN told MTI on Tuesday. According to the schedule, the company will open an average of four new units every week until the end […]

Wizz Air: High Seating Capacity for the Summer Season

D&T
Jan 23, 2024

Wizz Air will provide around four million seats on its Hungarian flights to 70 destinations this summer season, thus maintaining its market leadership in Hungary, the low-cost airline told MTI on Tuesday. They stressed that in the travel period starting in April and ending at the end of September, they expect another outstanding result after […]

Biogas From Corn Stover Fed into the National Gas Grid

D&T
Jan 22, 2024

Almost 100% pure, plant fiber-based biomethane will be fed into the Hungarian natural gas network in cooperation between E.ON Hungária Group and Pannonia Bio Plc., E.ON told MTI on Monday. According to the information, Pannonia Bio buys more than one million tons of feed corn annually and three hundred thousand tons of barley almost entirely […]

GKI Economic Sentiment Index at 18-Month High

D&T
Jan 22, 2024

According to a survey conducted by GKI Economic Research Co. with the support of the EU, in the first month of the year household expectations improved significantly, while the outlook for the business sector deteriorated within the statistical margin of error compared to December. GKI’s economic sentiment index thus reached an 18-month high. Companies’ employment […]

Production Restarted at the Suzuki Factory in Esztergom

D&T
Jan 22, 2024

Magyar Suzuki announced on Monday that production at its Esztergom plant has restarted as planned, the Reuters news agency reported. The company had announced a week earlier, on Monday last week, that production of the Vitara and S-Cross models would be suspended in Esztergom from January 15 to January 22 after supply was disrupted by […]

Beer Consumption in Hungary Declined Last Year

D&T
Jan 22, 2024

Last year, Hungarian beer consumption fell by 10%, from 6.006 million hectoliters in 2022 to 5.4 million hectoliters, with a significant drop in imports and an increase in the share of domestic products, Sándor Kántor, director of the Association of Hungarian Beer Producers, told MTI. Based on the combined data of the five most important […]

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