The renewed stations of metro line 3 at Lehel Square and Nagyvárad Square were inaugurated in Budapest on Monday morning and will be open to passengers in the early afternoon. The five-and-a-half-year reconstruction of the ‘blue’ metro line is now complete. Speaking at the opening of the last of the renovated stations at the final […]
Although GKI’s economic sentiment index rose in May compared to April, it still did not reach its March level. Business expectations also remained worse than in March, despite an improvement in May. Consumer expectations deteriorated in May compared to April. However, according to the empirical survey conducted by GKI Economic Research Co. with the support […]
On Sunday, 5,543 people entered Hungary at the Ukrainian-Hungarian border, while 7,324 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 Monday morning, of those who entered, police issued 49 people with temporary residence permits valid for 30 days. They […]
The Hungarian Interchurch Aid (HIA) is supporting the victims of the flooding in northern Italy with HUF 3 million, the extraordinary donation will contribute to the humanitarian aid of the local community of Forli, the HIA told MTI on Sunday. They recalled that in recent days "the flood of the century" has caused unprecedented devastation […]
László Barna Benedek, a senior student of the Szent István High School in Budapest, representing Hungary, has been awarded a Certificate of Honorable Mention at the International Science and Engineering Fair (ISEF), the world science competition in Dallas, Texas in the United States. The world’s most outstanding young scientists, engineers and researchers had qualified for […]
The Budapest Stock Exchange (BSE) share index, the BUX, closed Friday at 46,587.39 points, up 1.18% or 543.36 points, MTI reported Sunday morning along with a brief analysis of the weeks trading. The turnover of the stock market fell from HUF 39.022 billion to HUF 32.078 billion in a week, with the leading shares, except […]
The renewed Zrínyi Fortress in Szigetvár, S Hungary, was inaugurated, which has seen more than HUF two billion worth of tourism improvements over the past three years. The fortress, which is famous for the heroic stand of Miklós Zrínyi and his fellow martyrs against the Turks in 1566, was renovated as part of the National […]
Hungarian-owned logistics firm Transit-Speed Ltd. invested EUR 10.7 million in Kisvárda, NE Hungary to set up new warehouses and beef up its wagon loading technology. Now that the developments are complete, 20 new jobs have been created. Over one third of the investment costs are covered by Hungarian taxpayers through a government decision. Transit-Speed Kft. […]
From Saturday, a new permanent exhibition entitled 'Palettes', presenting Béla Czóbel's artistic and social contacts, is on display at the Czóbel Museum in the town of Szentendre, north of Budapest The exhibition presents the relationships Béla Czóbel and his wife, Mária Modok, developed with contemporary artists during their years in Paris and Hungary, including Szentendre, […]
The Krishna Valley, located on the outskirts of Somogyvámos, S Hungary, will celebrate its 30th anniversary this year with the opening of a carriage house and an exhibition, the organizers told MTI in a statement. They wrote that the jubilee celebrations will start on May 20 in Hungary's largest eco-farm: the dry mill, which is […]
The life insurance segment stagnated, but the property and liability and health insurance sectors in Hungary showed strong growth last year, according to Allianz's latest global insurance report, a summary of which was sent to MTI on Friday. According to the statement, the Hungarian insurance market grew by EUR 0.2 billion, or 7.4%, in 2022, […]
Sole-Mizo Plc., Medifood Hungary Innovation Ltd. and the Hungarian University of Agriculture and Life Sciences have won a HUF 996.44 million non-refundable grant from the European Union for the development of milk protein-based food within the framework of the Széchenyi Plan Plus program, Sole-Mizo Plc. said in a statement. The consortium aims to develop a […]
Mercedes-Benz Manufacturing Hungary Ltd. achieved sales of nearly EUR 4 billion in 2022, compared to EUR 3.1 billion in the previous year; its profit before tax also increased: from nearly EUR 75 million in 2021 to more than EUR 96 million last year, the company told MTI. According to the report, the significant positive change […]
A delegation of the European Parliament’s Budgetary Control committee concluded a fact-finding visit in Budapest this week. The members of the European Parliament (MEPs looked into ongoing issues with the protection of the EU budget and met with Hungarian public officials, NGOs and journalists. The group of European Union (EU) lawmakers visiting Budapest expressed concerns […]
The European Commission has given its final approval for the acquisition of OMV Slovenija by the Hungarian oil and gas company Mol, putting the Mol Group on track to become the second largest player in the segment in Slovenia. The Mol Group has fulfilled all the conditions for closing the transaction to acquire a 92.25% […]
