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1 in 3 Hungarian Cardholders Regularly Pay by Mobile

D&T
Mar 21, 2024

The digitalization of Hungarians using bank cards has continued to grow, especially in mobile payments and online shopping, but travel and spending abroad have also returned to pre-pandemic levels, according to the results of Mastercard's Bank Card Usage Habits and Attitudes survey published on Thursday. With a 97% bank card penetration rate in Hungary, the […]

Easter Traditions in the Szentendre Skanzen

D&T
Mar 21, 2024

On Easter Sunday and Monday, March 31 and April 1, the Open-Air Ethnographic Museum (Skanzen) brings the old village Easter celebrations to life with sprinkling, eggs and a spring festival. Tales, concerts and handicrafts await visitors in the Skanzen. Traditions linked to Christian culture and spring folk customs will be on display. Participants can get […]

Hungary Qualifies for European Bocuse d'Or Final

D&T
Mar 21, 2024

Trondheim, Norway, hosted on March 19-20 the European qualification round of the Bocuse d'Or international cooking competition, where the Hungarian team secured its place in the final, which will take place in Lyon in January 2025, and won the special prize for the best plate, the Hungarian Tourism Agency (MTÜ) announced in a statement on […]

Jazzfest Budapest to Mark EU Accession Anniversary

D&T
Mar 20, 2024

More than 200 artists from 20 countries will perform in almost 90 concerts at the 3rd Jazzfest Budapest from April 27 to May 15, with the 20th anniversary of the accession to the European Union being the focus of the eighteen-site event. Among the many world stars performing at the Budapest Spring Festival (BTF) are […]

2023 Revenues Up by 7.9% at Audi Hungaria

D&T
Mar 19, 2024

Audi Hungaria Plc.'s sales revenue increased by 7.9% last year compared to 2022, it was announced on Tuesday in Győr at a press conference presenting the results. Last year, the company achieved sales revenue of EUR 9.102 billion (HUF 3,602.4 billion), which is EUR 666 million (HUF 263.6 billion) more than in the previous year. […]

Production Modernization at Michelin's Hungarian Factory

D&T
Mar 19, 2024

A major development has been introduced at the Michelin plant in Nyíregyháza, NE Hungary. The sports car tire factory is modernizing its curing equipment by replacing the existing steam presses with electric ones, and thereby reducing its energy consumption. Curing (or vulcanization) is the final stage in the tire manufacturing process, during which the tires […]

A Selection of Artworks at the Kieselbach Gallery

D&T
Mar 19, 2024

An exhibition of a selection of artworks, including 19th century classics, contemporary works and Biedermeier genres, is on show at the Kieselbach Gallery in Budapest. The exhibition also includes modern masterpieces, fauve compositions, expressionist masterpieces, art deco scenes and pop art works, the gallery told MTI. The selection also includes museum masterpieces. For example, János […]

Green Bond Issued by MFB

D&T
Mar 18, 2024

The first green bond issue by the Hungarian Development Bank (MFB) was met with keen interest: the auction on the Budapest Stock Exchange raised almost HUF 11 billion in funds, which will help finance green investment by businesses, the bank told MTI on Monday. They said that MFB raised a total of HUF 10.8 billion […]

BUX Fell on Rising Turnover This Week

D&T
Mar 17, 2024

The Budapest Stock Exchange (BSE) share index fell this week on rising turnover, closing at 64,988.33 points on Thursday, down 1,105.29 points or 1.67% from a week earlier, MTI reported this Sunday morning, along with a brief analysis of the week's trading. The turnover of the stock market for the four-week period was HUF 68.18 […]

Budapest Wins EU's European Mobility Week Award

D&T
Mar 15, 2024

Budapest has won the European Commission's award for the programs and developments implemented in the framework of last year's European Mobility Week, the Mayor's Office of the Municipality of the City of Budapest announced on Friday. The annual Mobility Week, organized by the European Commission, aims to promote sustainable transport and make it more accessible. […]

Tensions Escalate Between U.S. and Hungary after Address by U.S. Ambassador

D&T
Mar 15, 2024

In a forthright address, U.S. Ambassador David Pressman sharply criticized Hungarian Prime Minister Viktor Orbán for actions he described as detrimental to the trust between the United States and Hungary. The Ambassador's speech, delivered in Budapest, marked a significant moment in the increasingly strained relations between the two nations, accusing the Hungarian government of corruption, […]

Matild Palace, Sleep Friendly Hotel of the Year

D&T
Mar 14, 2024

The Sleep Friendly Hotel Awards for this year were presented on the occasion of World Sleep Day at the Hungarian Academy of Sciences in Budapest. Honored with this prestigious accolade for their exceptional efforts in crafting an exemplary sleep environment for guests and their unwavering dedication to ensuring quality sleep were the Matild Palace, a […]

Making the Region Greener, Self-Sufficient and Competitive

D&T
Mar 14, 2024

The Mol Group has updated its long-term strategy, 'Shape Tomorrow', with the aim of making the region greener, more self-sufficient and competitive, the company told MTI. According to the information, the main objective of the updated strategy is to enable a green energy transition while guaranteeing security of energy supply. To this end, the company […]

'Cancer & Work: Acting Together' at Sanofi

D&T
Mar 13, 2024

The pharmaceutical company Sanofi launched its international program "Cancer & Work: Acting Together" in February. It provides support to employees affected by cancer. The company says in a statement that it is providing social, mental and financial support, with up to twelve months of supplementary pay through a health fund, regardless of job title or […]

Businesses Optimistic Despite Unfavorable Environment

D&T
Mar 13, 2024

Despite the unfavorable global economic environment, the majority of CEOs expect rising revenues and profit growth in 2024, EY said in a statement sent to MTI on Wednesday, based on the results of its latest international survey. According to the 21-country survey of 1,200 CEOs, 64% of CEOs expect rising revenues and 63% expect profits, […]

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