The best of contemporary Italian cinema will be screened from Saturday to November 14 at the 21st Italian Film Festival, Mittelcinemafest, at the Puskin and Tabán cinemas in Budapest. The festival will screen twelve contemporary Italian films in their original language with Hungarian subtitles, the organizers told MTI. The opening film will be The Commander […]
The Hungarian Forbes magazine has again compiled this year a list of the 100 most valuable Hungarian-owned companies, with MPF Holding, Docler Holding and Bonafarm Group ranked in the top three. MPF Holding, which is mainly known for its machine parts, industrial components, grinding tools and cooling and heating equipment, was valued at HUF 408.3 […]
The stock index of the Budapest Stock Exchange (BSE) closed October at 56,035.15 points, up 0.4% compared to the end of September, the BSE announced on Thursday. The BUX reached its highest monthly value on 18 October with 57 075.3 points. Share turnover fell from HUF 263.7 billion in September to HUF 168 billion, with […]
Sustainability has only become an everyday topic in the last decade and a half, even though mankind has been systematically halving the raw materials and natural resources that ensure prosperity since the beginning of the industrial revolution, warns Gábor Lévai, founder of Green Brands Hungary. In his podcast for economx.hu, he explained that he believes […]
RÁBA Automotive Holding Plc. has informed the participants of capital markets on the website of the Budapest Stock Exchange that on October 31, 2023, a Memorandum of Understanding was signed by RÁBA Plc. and Nurol Makina, “an internationally significant Turkish defense company,” with the purpose of considering the establishment of a joint venture for joint […]
The BMW Group's iFactory plans are well on track, achieving a major milestone with the inauguration of the Training Center—a facility constructed on-site as part of the ongoing over EUR 2 billion project. With cutting-edge infrastructure at its disposal, the nearly 6,500-square-meter facility allows the BMW Group Plant Debrecen in eastern Hungary employees and those […]
AiMotive Informatikai Ltd., that has been a Stellantis member company since last year, has embarked on a EUR 55 million R&D project to develop an artificial intelligence platform that will provide Level 3 self-driving capabilities for all car models produced by the group. A quarter of the investment cost is borne by Hungarian taxpayers due […]
Hungarian companies are becoming more future-conscious, but their motivation is different from that of foreign companies, according to a recent survey conducted by Siemens Plc. More than half of the surveyed companies have a sustainability system or policy. Four out of five industrial companies in Hungary use the help of a sustainability expert to achieve […]
The vacancy rate in the domestic commercial real estate market rose in the first half of the year, while the stock of real estate is set to expand. Hybrid working is not good for the market either. The first half of the year saw rising vacancy rates in the office and industrial-logistics markets, while ongoing […]
The Budapest Stock Exchange (BSE) share index weakened slightly this week, with the BUX closing at 56,314.97 points on Friday, 0.04%, 23.53 points lower than a week earlier, MTI reported on Sunday morning along with a brief analysis. In the four-day trading week, the turnover of the stock market was HUF 35.84 billion, down from […]
E.ON Hungária has installed a solar park for the Belgian automotive glass manufacturer AGC in Tatabánya-Környe Industrial Park, E.ON Hungária told MTI. The investment was made under a long-term power purchase agreement (PPA) with E.ON. It is the first agreement in Hungary under which an energy company has installed a solar power plant on the […]
World Heritage Sites in Hungary have been added to the Google Arts & Culture platform, where users can discover new places, attractions and works of art, as well as learn more about the world's most important historical events, Google's press office told MTI. They recalled that the Google Arts & Culture initiative was launched to […]
After the entertainment electronics exhibition in Las Vegas earlier this year, the BMW Group is presenting its new study car in Debrecen, E Hungary. The BMW i Vision Dee will be on display for three days in the lobby of the Modem Modern and Contemporary Art Center. Réka Jenei, Communications Director of BMW Group Factory […]
At the gala evening in the US capital, the Hungarian Nobel laureate was joined by fellow researcher Drew Weismann in receiving one of the most prestigious awards of the US innovation and patent profession, the Hall of Fame. In addition to them, some 10 other scientists and inventors have been recognized. The US-based Hungarian biochemist, […]
Not less than three new large-scale R&D projects have been announced by Continental to further strengthen its Hungarian operation. The investments worth EUR 47.6 million promises to create 280 new jobs in total thru 2024, and they are aimed at developing solutions in the realm of autonomous driving and automotive safety. Continental Group is present […]
