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 […]
The domestic market differs from the global one: while 18,355 new premium cars were sold in Hungary in 2022, an increase of 10.7% compared to the previous year, worldwide luxury car sales decreased by a few per cent. "The premium category is less price-sensitive, and purchasing power in this segment declines much later," executive chairman […]
Several Árpád-period (11th-13th century) graves, a Germanic warrior buried with swords and house traces from the early Iron Age have been found in a small area in Tatabánya, west of Budapest, the director of the city museum told MTI. According to archaeologist Gabriella Pál, the area was once a prominent sandy mound at the junction […]
The forint marched to considerably stronger levels against both the EUR and USD this year after being in a freefall in 2022. Experts believe the Hungarian currency has by now reached key technical levels and further significant strengthening may not be in the cards. The Hungarian currency has staged a spectacular comeback in recent weeks […]
4,407 people entered Hungary crossing the Ukrainian-Hungarian border this Wednesday, while 5,416 of those entering at the Romanian-Hungarian border crossing declared that they had arrived from Ukraine, the National Police Headquarters (ORFK) said on Saturday. Of those who entered, police issued 155 people with temporary residence permits valid for 30 days. They will have to […]
Unit 3 of the Paks nuclear power plant, located in central Hungary, will be operating at its nominal capacity again from Friday morning, the plant announced on its website. Communications director Antal Kovács said the unit's output was reduced to 50% on Thursday due to a fault in the generator protection's current transformer. The device […]
The Binax Group, a Zalaegerszeg-based call center operator, will hire 150 new employees this year and 120 next year, in addition to the 150 employees it has so far, the owner of the group said at a press conference on Thursday. Tibor Ott said that the group, which started in Zalaegerszeg in 1998 and currently […]
Up to 40 tons of pine trees discarded after the Christmas holidays may be burned in the coming period at the thermal power plant (in Pécs, southern Hungary), which operates with two biomass-fired units, the owner Veolia Energia Magyarország Plc. has announced. The statement sent to MTI said that the Pécs thermal power plant, which […]
Labor market service provider Trenkwalder has set up in Gyöngyös, east of Budapest, a new plant, which can provide outsourced tasks related to physical and mental jobs for companies operating in the region. Trenkwalder Managing Director Balázs G. Nagy said at the inauguration of the plant that the assembly plant started with 30 employees, but […]
Tesco joined the Advent fundraising campaign of the Hungarian Interchurch Aid organization for the thirteenth time, raising more than HUF 57 million for the benefit of the needy, which the supermarket chain then supplemented with HUF 60 million, and this year, it will support the aid organization with another HUF 10 million. According to a […]
MASTERPLAST, the largest Hungarian-owned building materials manufacturer in the Central European region, has announced on the website of the Budapest Stock Exchange that it entered into a sales and purchase agreement for the acquisition of 100% of the shares PIMCO Ltd. This makes MASTERPLAST the sole shareholder of PIMCO Ltd. PIMCO Ltd. has a 4.3-hectare […]
This year’s Budapest Independent Film Festival (BIFF) 2023 is to take place in February, screening 15 films of different genres. After last year’s Special Edition screening, the event returns to the venue, Kino Cafe Mozi with a rich and diverse program. Aiming to showcase emerging talents and address social issues of today, the BIFF 2023 […]
51, mostly elderly, chronic patients died last week (36 in the previous week), bringing the official total number of deaths in this country to 48,629. The number of recovered cases is slightly up (2,133,974) while the number of active infected has fallen to 8,597. There are currently 727 patients with the new coronavirus infection in […]
