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 […]
In the wake of a meeting between Hungarian Prime Minister Viktor Orbán and Russian President Vladimir Putin, Gazprom, the state-owned Russian energy giant, has announced its intentions to bolster natural gas shipments to EU-member Hungary. This decision has come at a time when the European Union (EU) is actively striving to reduce its dependency on […]
Two owners of Dreher Breweries, Asahi Group Holdings and Asahi Europe & International, are launching a HUF 100 billion investment in the company, which will serve the company's ambitious heritage and sustainability goals in the next decade, in addition to increasing capacity and efficiency, the company told MTI on Thursday. According to the statement, the […]
Michelin Hungary is supporting Nyíregyháza Hospital in NE Hungary with two pieces of MICHELIN Airprone medical equipment to help care for patients in the intensive care unit. The MICHELIN Airprone, given the local county hospital Szabolcs-Szatmár-Bereg Vármegyei Oktatókórház, is a set of 7 air cushions designed for patients suffering from Acute Respiratory Distress Syndrome (ARDS) […]
With an investment of HUF 6.2 billion, the most modern pharmaceutical wholesale warehouse in Central and Eastern Europe has been built on 3,000 square meters as the automated high-bay warehouse of Hungaropharma Plc. has been inaugurated The third stage of Hungaropharma's Budapest Logistics Center is not only suitable for the logistics of its own stocks […]
In a decision issued earlier this month, the Hungarian National Bank gave permission Medicover Egészségközpont Zrt. to set up its own non-life insurance company under the name Medicare Biztosító Zrt., the portfolio.hu financial portal reports. The largest private clinic in the Hungarian private healthcare market - whose insurance footprint has been the envy of competitors […]
The national bus service provider Volánbusz expects to purchase 20 new electric buses next year as a continuation of the Green Bus program in six smaller towns, the company told MTI on Wednesday. It was recalled that HUMDA Hungarian Mobility Development Agency Plc. is continuing its Green Bus program aimed at renewing public transport and […]
Achieving sustainable development requires global, whole-society collaboration, with a major role for innovative young people who are working together to find solutions to the most pressing problems of our time, according to a recent SAP press release. The Social Impact Award program, of which SAP is a global strategic partner, brings together these so-called "social […]
The Monetary Council of the National Bank of Hungary (MNB) cut the base rate by 75 basis points to 12.25% at its interest rate decision meeting on Tuesday, and lowered the two sides of the interest rate corridor by the same amount. The Hungarian currency, the forint, immediately started to weaken. The MNB last raised […]
Rail Cargo Hungaria (RCH) has launched export shipments of Hungarian grain to Africa, with 14,000 tons of grain transported by rail to the port of Rijeka since the end of the harvest in August, mainly destined for Egypt and Tunisia, RCH told MTI on Tuesday. According to the information, in cooperation with the Croatian state […]
Hungary's first McDonald's has reopened in Régiposta street in downtown Budapest, renewed in almost all its elements, the financial portal portfolio.hu reported, citing a company statement. The renovation of the iconic McDonald's restaurant has used a number of unique solutions for the restaurant chain, including elements made of real, natural building materials. The interior walls […]
The stock index of the Budapest Stock Exchange (BSE) rose on the week, closing at 56,338.50 points on Friday, up 0.73% to 408.81 points from a week earlier, MTI reported this Sunday morning, along a brief analysis of the week’s trading. The stock market's weekly turnover was HUF 47.32 billion, up from HUF 39.33 billion […]
Domestic gas consumption fell by 15.7% in the first three quarters of 2023 compared to the same period last year. From January to September, 1.07 billion cubic metres less natural gas was consumed, with the economy and households accounting for roughly two-thirds to one-third of the savings. The reduction in electricity was 7% in the […]
For the first time, a Hungarian program has won the Global Sustainability Grand Prize at the Golden World Awards, becoming the best education campaign in the world in 2023 to support the UN Sustainable Development Goals, the Pressinform communications agency that launched the program told MTI in a statement. They pointed out that the ‘Bee […]
