The Sirha Budapest International Food and HoReCa Exhibition opened on Tuesday at the Hungexpo congress and exhibition center in the Hungarian capital. As Hungexpo CEO Gábor Ganczer highlighted in his welcome speech Hungexpo will host the most important players in the gastronomy of Hungary and the region this year, for the sixth time. He added […]
Viktor Boczán took over the position of Country Manager / CEO of Provident Financial Ltd. as of March 1, as his predecessor, Botond Szirmák will continue his career as the European CEO of the company, the company announced on Tuesday. The statement added that under the leadership of Botond Szirmák for 16 years, Provident Financial […]
From March, four highly successful shows, The Great Dictator, The Great Gatsby, Cabaret and The Seagull can be seen with English subtitles at the Vígszínház theater in Budapest. Stage adaptations of internationally well-known titles promise an exciting experience for foreigners living in Hungary and tourists visiting this country, the theater says in a statement. From […]
JYSK's distribution center in Ecser is now serving six countries. The center, which was built with an investment of EUR 200 million, is the largest of its kind in the country, with two fully automated high-bay warehouses over 40 meters high, the store chain told MTI. The high-tech base, which was inaugurated in 2022, serves […]
The stock index of the Budapest Stock Exchange (BSE) declined on the week, closing at 66,169.03 points on Friday, down 94.15 points or 0.14% from a week earlier, MTI reported Sunday morning along with a brief analysis of the week’s trading. The weekly turnover of the stock market was HUF 70.39 billion, up from HUF […]
The Hungarian-owned Hotel & More Group, an independent hotel operator, doubled its revenue in 2023, and expects double-digit growth this year, the group told MTI. According to Balázs Klemm, the owner-CEO, this year can be an extremely good year for Hungarian hotels, thanks to the exceptionally high number of seven long weekends, while a significantly […]
The energy company ALTEO achieved outstanding results in 2023, as a proof its strategy was updated at the beginning of 2022 and its implementation are successful and effective, where environmental and social sustainability plays a key role in addition to business considerations, the company has announced on the website of the Budapest Stock Exchange. The […]
Colette Matz takes over from Matt Zeller as Country President of Novartis Hungary in March 2024. The new leader brings more than 20 years of experience in the pharmaceutical industry. Most recently, she was Head of the Neuroscience Therapeutic Area at the Swiss company's Italian affiliate, the company has announced. Colette Matz has had a […]
György Matolcsy, the Governor of the National Bank of Hungary, has vehemently criticized the government's latest proposal, which he perceives as a direct assault on the institution's independence. This latest clash deepens the rift between Prime Minister Viktor Orbán’s administration and the country’s chief banker. During an event at the Budapest Stock Exchange, Matolcsy articulated […]
Despite the challenges, the BUX index rose by 38% in HUF and 49% in USD last year, the second best performance in the world after Nasdaq, Richárd Végh, CEO of the Budapest Stock Exchange (BSE), said at the BSE Best awards gala on Thursday, where capital market players with outstanding performance were honored in 25 […]
Crowne Plaza Budapest, a part of one of the world's largest hotel brands, InterContinental Hotels and Resorts (IHG), has achieved recognition for its sustainability efforts by obtaining the globally renowned Green Globe certification. To initiate the process, the hotel prepared a report on environmental and social initiatives taking place within the property. Subsequently, an accredited […]
Erste Group achieved an operating profit of EUR 5.5 billion in 2023, up 38% year-on-year, according to a preliminary profit outlook, the company said on its website on Thursday. The cost/income ratio improved to 47.6% from 53.4% as operating income growth outpaced operating expenses. Loans rose 2.8% year-on-year from EUR 202.1 billion to EUR 207.8 […]
Top achieving foreign and local players were recognized in nine categories at the annual ‘Investors of the Year Awards’ gala in the Museum of fine Arts by the Hungarian Investment Promotion Agency (HIPA) to celebrate the results of 2023, which was yet another record year in the history of Hungarian investment promotion. The prizes were […]
A painting by József Rippl-Rónai that has not been seen for almost eighty years is the most valuable piece at this year's Art and Antique Budapest exhibition and fair, which starts on Thursday and will be hosted by the Bálna events center in Budapest. The painting, titled 'Szent Pál Fair', was painted in 1912 by […]
Wizz Air will be the official carrier of the Hungarian team to the Paris 2024 Olympic Games, according to a cooperation agreement signed on Wednesday between the Hungarian Olympic Committee (MOB) and the airline. At the press conference held on the occasion of the ceremony, the agreement was signed by Wizz Air CEO József Váradi […]
