Solar FM Ltd. will produce a rotating support structure for solar panels. The company has won a HUF 1.5 billion grant for the almost HUF 3 billion investment in Komló, S Hungary, under the Economic Development and Innovation Operational Program (Ginop) Plus, which uses EU funding. According to the information provided to MTI by the […]

The Budapest 150 program series celebrating the 150th anniversary of the unification of the Hungarian capital has begun with the announcement of the Budapest Nyitány (Budapest Overture) composition competition and the awards ceremony of the Budapest Drama Competition. Mayor Gergely Karácsony said at the event on Tuesday at the Örkény Theater that Budapest was not […]

Although it is impossible to estimate this year's crop prospects, the abundant autumn-winter rainfall has certainly been good for apple orchards, the Hungarian Interbranch Fruit and Vegetable Organization and Product Council FruitVeB told MTI on Tuesday. Although neither the mild winter nor the unpredictable spring favors apple production, the rain-saturated soil helps fruit trees to […]

Budapest-based Eötvös Loránd University is using HUF 2.8 billion of EU funding to develop, modernize and renovate five of its training schools in Budapest and one in Szombathely, the university's rector, László Borhy announced at the opening ceremony of the project held on Tuesday in the hall of the ELTE Bólyai János Practice Primary School […]

ASTRASUN Solar Plc. has informed investors on the website of the Budapest Stock Exchange that it signed a cooperation agreement with Műszertechnika-Holding Plc. and IK Metál Ltd. The aim of the agreement is to cooperate in the production of the necessary support structures for the installation of solar parks. The cooperation is divided into three […]

The Hungarian team has finished third at the world's most prestigious chef championship, the Bocuse D'Or in Lyon, France. The winner turned out to be Denmark, Norway was runner-up. As for the special prizes, the one for social commitment went to the Mexican team, Norway won the best commis (assistant) prize, Sweden was awarded for […]

Natural gas in domestic storage equals to 109.5% of the country’s annual household consumption in 2022. According to the Hungarian Energy and Public Utility Regulatory Authority (MEKH), the Hungarian natural gas storage capacity was 3.98 billion cubic meters on January 18, which is 62.96% of the total capacity. Compared to a year ago, the volume […]

The OMV oil company has installed containers suitable for the collection and storage of used cooking oil at 40 gas stations across Hungary, the company has announced. In the containers, the public can safely deposit in screw-tight PET bottles the grease that is no longer suitable for use, they said. Butter, lard, margarine, used cooking […]

U.S.-based massive open online course provider Coursera and the University of Szeged (SZTE) are expanding their cooperation, with students and faculty of the institution having unlimited access to the course materials of the world's largest educational platform, according to an agreement signed this Monday in Szeged. The cooperation will give a new impulse to the […]

On the occasion of the Day of Hungarian Culture and the 200th anniversary of the birth of the Hungarian national anthem, a ceremony was held on Sunday in the Upper House of Hungarian Parliament and in several municipalities, including some in the territory of historic Hungary. The Day of Hungarian Culture has been celebrated on […]

A HUF 1.8 billion project, supported by EU funds, between the Kaposvár campus of the Hungarian Agricultural and Life Sciences University (MATE) and the dairy company Fino Food Ltd. will produce food products that will be available on store shelves next year, MATE informed MTI in a press release. Quoting the managing director of Fino-Food […]

The stock index of the Budapest Stock Exchange (BSE) rose this week amid falling turnover, closing at 46,440.14 points on Friday, 0.74% higher than a week earlier, MTI reported along with a brief analysis Sunday morning. The weekly turnover of the stock market was HUF 46.19 billion, up from HUF 57.59 billion the previous week, […]

The Veszprém-Balaton European Capital of Culture program series want to show the economic power of culture and draw attention to the fact that the creative industries, culture and cultural heritage can become the basis of an economic model. This not only gives a region a specific profile, but can also help economic growth, according to […]

The Volkswagen brand had a booming year in the Hungarian new car market last year: dealerships sold 10,311 VW passenger cars, 46% more than in the previous year, importer Porsche Hungaria announced. The Wolfsburg brand closed 2022 with a market share of 9.2% in Hungary, ranking third in the brand ranking on the market. Volkswagen […]

SMP Solutions' smart office project worth more than HUF 485 million has been completed, the company has announced in a press release. The company received a non-refundable grant of HUF 297 million from the National Research, Development and Innovation Office (NRDI Office) for the development. The project includes mobile navigation for orientation, a guest reception […]