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Environmental Impact Can Be Reduced by Cutting Costs

D&T
May 3, 2023

Hungarian medium and large enterprises are aware of the importance of sustainability requirements, but in the unfavorable economic environment, companies are primarily focusing on reducing their costs, which indirectly reduces their environmental impact, according to a research based on the K&H Sustainability Index, the results of which were released to MTI on Wednesday. Around 60% […]

Grape-Vine Ltd. Expands Capacity with EU Support

D&T
May 2, 2023

Grape-Vine Ltd. has expanded its capacity at its site in Kiskunmajsa, SE Hungary with a new storage hall and the purchase of wine processing equipment with a total of HUF 769 million in European Union funding, the company's managers told MTI. Róbert Szőke-Tóth, one of the managing directors of Grape-Vine Ltd., said that the investment […]

Gyula Castle Baths: Further Developments Planned

D&T
May 2, 2023

The reconstruction of two swimming pools has started, the solarium park of the spa will be expanded and other renovations are also planned, the mayor of the town of Gyula, Dr. Ernő Görgényi said. Two pools will be partially rebuilt, and the night-time bathing experience will be made special by lighting fixtures in the water […]

Herend Porcelain Exhibition in the National Museum

D&T
May 2, 2023

An exhibition of Herend porcelain titled Royal Weekdays opened at the Hungarian National Museum on Tuesday, organized jointly by Herend Porcelain Manufactory Plc. and the exhibition space. Herend porcelain is one of Hungary's best known and most recognized brands, sold in almost every corner of the world. Today's exhibition is the first in a series […]

The 29th Polish Film Week - Differently

D&T
May 2, 2023

Two new Polish films and six VR films will be screened at the 29th Polish Film Spring (Lengyel Filmtavasz) from May 2 to 5 at the Polish Institute and Uránia National Film Theater in Budapest. According to a press release sent to MTI by the Polish Institute, this year's festival will be held under the […]

Budapest 150: Labor Day Celebrations on May 1

D&T
May 1, 2023

With free concerts and awareness-raising programs, the long weekend in Budapest's Városháza (‘City Hall’) Park was a classic May Day atmosphere. On May 1 Labor Day, people gathering in the park had the opportunity to meet trade union representatives. The representatives of social workers, teachers, industrial workers and civil servants were also present. This year's […]

Argentine Ambassador and Violinist Meet Pope Francis

D&T
May 1, 2023

The audience was granted by official response from the Apostolic Nunciature to the Embassy of our country in Hungary, to receive the extraordinary Argentine violinist Pilar Policano accompanied by her mother Laura Minniti, her father Pablo Policano and her younger brother Julián, the Argentinian Embassy in Budapest says in a statement. The family was accompanied […]

Artificial Intelligence Moving into ZenGarden

D&T
May 1, 2023

AIP Labs, a Canadian-Hungarian company pioneering in the use of artificial intelligence in healthcare is moving to the top floor of the ZenGarden office building in Budapest. In 2022, AIP Labs launched its AIPDerm system in cooperation with Semmelweis University. The artificial intelligence-assisted dermatological screening tool was the first in Europe to be integrated into […]

Greater Budapest: Growing Industrial Real Estate Stock

D&T
Apr 30, 2023

The total modern industrial stock in Hungary was 4,729,935 sqm at the end of Q1 this year. The stock in Greater Budapest reached 3,241,150 sqm, while a further 1,488,785 sqm of industrial space is located in Regional Hungary. Due to the annual size revision, the stock grew by 5,815 sqm, additionally three previously not registered […]

BUX Index Rose on Rising Turnover This Week

D&T
Apr 30, 2023

The Budapest Stock Exchange (BSE) share index rose in the week, with the BUX closing at 44,822.21 points on Friday, up 1.64%, or 721.34 points, from the previous week's close, MTI reported Sunday morning with a brief analysis of the week’s trading. Turnover on the stock market was HUF 37.98 billion, up from HUF 21.09 […]

Continued Flow of Ukrainian Refugees

D&T
Apr 30, 2023

On Friday, 7,207 people entered Hungary at the Ukrainian-Hungarian border, while 7,745 of those entering at the Romanian-Hungarian border said they had come from Ukraine, the National Police Headquarters (ORFK) said. As reported by MTI on Sunday morning, of those who entered, police issued 91 people with temporary residence permits valid for 30 days. They […]

Szeged Awarded 2027 Olympic Qualification Competition

D&T
Apr 29, 2023

The southeastern Hungarian city of Szeged will stage the 2027 World Canoe Sprint and Para Championships ahead of the 2028 Los Angeles Olympics. The decision was made by the governing body of the International Canoe Federation (ICF), the board, at its meeting in Budapest, and announced by the organization’s president, Thomas Konietzko. "We are very […]

Automotive Exhibition in Esztergom

D&T
Apr 29, 2023

An exhibition of veteran and modern cars, bicycles and aircraft opened this Saturday in Esztergom, a town along the River Danube northwest of Budapest. This is the sixth time the exhibition has been held, and a pioneer in its creation is András Neuzer (club president of the Esztergom Vitézek rugby team and managing director of […]

There Are Fewer and Fewer Firms in Hungary

D&T
Apr 29, 2023

The decline in the number of firms continued in March, with nearly 5,000 fewer firms registered in Hungary than in December last year, and 30% fewer firms formed than closed in the same period. This means that the trend of declining company formation and more frequent company closures continues, the economic portal Piacesprofit.hu reports. Seasonally, […]

Milestones Achieved at Cordia International

D&T
Apr 28, 2023

Despite a more uncertain economic environment making things difficult for the real estate sector as well, the residential properties firm Cordia International Plc. has successfully navigated through the obstacles, as evidenced by the many milestones the company has achieved and the figures that show its performance. That is according to the Chairman of the Board […]

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