Hungary is one of the largest exporters of game meat in Europe, according to a publication on the domestic market and consumption of game meat published by the Hungarian Chamber of Agriculture (NAK). Almost 90% of the 3,800 tons of the product processed in Hungary every year is exported abroad, mainly to Germany and Italy, […]
Almost 400,000 people visited Hungexpo Budapest Congress and Exhibition Center's events in the first half of the year, with several exhibitions breaking the previous record for the number of visitors, Hungexpo told MTI on Monday. The event organizer said that the record-breaking AGROmashEXPO at the beginning of the year attracted almost 44,000 visitors to the […]
The world's first energy drink entirely developed by A.I. (Artificial Intelligence) with HELL ENERGY has been born. Every element of the new flavor, its carefully selected ingredients, design and marketing tools were designed and tasted by A.I., the company says in a statement. A.I. is able to process the incredible amount of information and knowledge […]
Electric buses are being tested in Budapest once again: passengers can meet a solo vehicle on the e105 and e210 lines until August 3, and an articulated vehicle on the e8E line between July 21 and 29, the Budapest Transport Center (BKK) told MTI on Monday. According to the statement, these services will run as […]
Domestic electricity consumption rose this week to the highest level of the summer as a result of the heatwave, but the current levels are significantly lower than in previous years, the financial news website portfolio.hu reports. The peak could be broken again in the first half of next week with the arrival of another heatwave. […]
The stock index of the Budapest Stock Exchange (BSE) strengthened this week, with a significant increase in turnover. The BUX closed at 51,854.65 points on Friday, 3.93% higher than a week earlier, MTI reported this Sunday, along with an analysis of the week’s trading. The weekly turnover of the stock market was HUF 49.09 billion, […]
Tens of thousands of people – participants of this year's Budapest Pride – celebrated diversity by marching from the City Park towards the downtown area of Budapest and back to the City Park this Saturday afternoon. Their cause was supported by a statement signed by dozens of embassies and foreign cultural institutes. The march featured […]
Szeplast Plc., a manufacturer of PVC granulates and powder mixtures, is expanding its production capacity and product range with an investment of more than HUF 1.3 billion with EU support, the company informed MTI. According to the press release, HUF 632 million of the HUF 1.386 billion project, which will be completed by the fall […]
A high-tech slaughterhouse and processing plant is being built in Görbeháza, NE Hungary. It is crucial for the fulfilment of the agreement signed with Singapore in April and Japan in May this year for the export of large quantities of Hungarian pigeon meat. According to a statement from the Hungarian Ministry of Agriculture, this will […]
The ‘Lidl for Hungarian Suppliers’ program has been successful, the supermarket chain informed Portfolio. The essence of the program is to distribute food products of Hungarian manufacturers and suppliers in foreign supermarkets. As published on portfolio.hu, Hungarian dairy producers sold milk and dairy products worth nearly HUF 16 billion in the chain's foreign stores in […]
Assets under management in investment funds increased by 7.9% to HUF 11,351 billion in June, the Hungarian Association of Investment Fund Managers and Asset Managers (Bamosz) told MTI on Friday. Money market funds received HUF 115 billion in capital, which is a large amount compared to the net asset value, and accordingly, the assets of […]
Aldi Hungary has launched its second electric truck, which will serve stores in downtown Budapest with zero local emissions, the discount supermarket chain informed MTI on Friday. The statement highlighted that they have expanded their fleet with a Scania three-axle, 27-ton special refrigerated box truck. The new truck is powered not only by batteries, but […]
Market Építő Plc.'s turnover last year exceeded HUF 308 billion, while the overall profit per parent company of the building construction company was HUF 25.731 billion, the company announced on the Budapest Stock Exchange (BSE) website on Friday. According to the report, net sales increased by HUF 11.763 billion to HUF 308.880 billion. The overall […]
The volume of industrial production in Hungary declined in May 2023 by 6.9%, year-on-year. The same figure for the same month in the euro zone was a decrease of 2.2%. As the country's Central Statistical Office reports, production in Hungary dropped in the majority of the manufacturing subsections, however, the production volume increased in the […]
The chocolate factory in Szerencs, NE Hungary celebrates its 100th anniversary. The centenary is celebrated in several stages in the town. In honor of the anniversary, one of the factory's iconic sweets, the cat's tongue, will also appear on a stamp. He added that thirty-six stampable sheets of the cat's tongue-shaped adhesive stamp have been […]
