According to the Hungarian Energy and Public Utility Regulatory Authority (MEKH), users charged almost 130% more energy into vehicles at public electric charging stations in the first quarter of this year than in the first three months of 2021, and the number of charging stations increased by 29% in a year. The number of public […]
In the last quarter of this year, 26% of companies operating in Hungary plan to lay off workers, the employment agency ManpowerGroup said on Tuesday, the state news agency MTI reports. According to a survey by the recruitment agency, half of domestic companies are not planning any changes, but only a fifth of them plan […]
Erste Bank Hungary contributes to the financial health of its employees with extra financial benefits and an early pay rise. In September, all eligible employees of the financial institution also received EUR 350 from the Austrian parent bank. A press release by the company says that in view of the rising cost of living due […]
Polish online media group Wirtualna Polska Holding will buy Hungarian tourist platform operator szallas.hu from the Hungarian private equity and venture capital PortfoLion Capital Partners for an estimated EUR 82 mn, the company said in a press release. The price includes EUR 72 mn estimated enterprise value and EUR 10 mn net cash deposit at […]
A hundred kilogram Soviet aerial bomb was defused in front of the Várkert Bazaar by the 1st Hungarian Army Bomb Disposal and Warfare Regiment this Monday, the Hungarian Armed Foces website honvedelem.hu reports. Bomb disposal divers set up anchorage points on an aerial bomb found near the boat station at Várkert Bazaar, and then lifted […]
The Hungarian Veolia Group has acquired the power plant in Oroszlány, west of Budapest, from the electricity MVM Plc., and the plant will be restarted in early 2024, the company told the state news agency MTI. According to the information, the two units of the plant, each with a capacity of 50 megawatts (MW), will […]
A business services center (BSC) to employ 150 people marks the beginning of a new chapter in the 20-year history of leading European pet product retailer Fressnapf’s Hungarian presence. The investment involves a training scheme of some EUR 884,000 to enhance skills of newly recruited staff. German-owned Fressnapf has been a household name with local […]
Hungarians travelled abroad 4.7 million times between April and June this year, 53% more than in the same period a year earlier, but the number of trips abroad fell by 24% compared to the second quarter of 2019, according to the quarterly publication of the Hungarian Central Statistical Office (KSH). The most popular destinations were […]
The Budapest Stock Exchange's (BSE) share index fell this week, with the BUX closing at 40,910.81 points on Friday, down 1,030.46 points, 2.46% lower than the previous week, the Hungarian state news agency MTI reported Sunday morning along with a brief analysis. The weekly turnover on the stock market was HUF 33.26 billion, down from […]
On Saturday, 6,709 people entered Hungary crossing the Ukrainian-Hungarian border, while 9,859 of those entering at the Romanian-Hungarian border crossing declared that they had arrived from Ukraine, the National Police Headquarters (ORFK) informed the state news agency MTI on Sunday. Of those who entered, police issued 254 people with temporary residence permits valid for 30 […]
From this fall, Icon Real Estate Management Ltd. will be responsible for the facility management (FM) and property management (PM) of the MOM Park commercial and business center. The aim of the change of model is to ensure a flexible and efficient service to clients at the usual high level, in line with the center’s […]
AKKO Invest, a Premium category Budapest Stock Exchange company, again closed a very strong half year after its largest subsidiary, NEO Property Services, also saw excellent results in the first six months of the year. AKKO closed the first half with revenue of HUF 11.3 billion and EBITDA of HUF 1 billion, and it expects […]
In the spirit of quality and sustainability, developments at Ferenc Liszt International Airport have continued in 2022. In the first half of the year, the airport management company Budapest Airport says it spent a total of more than HUF 5.3 billion on various infrastructure and sustainability projects, bringing the total value of the past three […]
LAFARGE Cement Hungary Ltd., as one of the leading manufacturers of building materials in the Hungarian construction industry, has already introduced a number of measures and programs to implement a circular economy and reduce its carbon footprint. As a result, it has now achieved 100% alternative fuel operation. In a press release, LAFARGE Cement Hungary […]
The stunning view from the newly-opened skybar White Raven Skybar & Lounge, placed on the last floor of Hilton, welcomed the Business Heroes who are actively making a positive impact in our society. A press release by the Atlas World Community says it aims to prize those entrepreneurs, who most distinguished themselves in Hungary for […]
