Plaza Premium Lounge, an international company specializing in the operation of passenger lounges and hospitality, opened its second outlet at Budapest Ferenc Liszt International Airport at the beginning of March, the airport management company reports. The new, 200 square meter lounge is located in the non-Schengen area of Terminal 2, offers stunning runway views, 65 […]
The volume of gross domestic product increased by 7.1% in Hungary in the 4th quarter of 2021 compared to the corresponding period of the previous year, the country’s Central Statistical Office reports. According to seasonally and calendar adjusted and reconciled data, the performance of the economy rose by 2.0% compared to the previous quarter and […]
With 17,650 passenger cars registered, Magyar Suzuki Corporation (SMC) reached 14.48% market share on the domestic new passenger car market in 2021. The brand has been leading new passenger car sales in Hungary for six years. The Japanese brand, which sells hybrid passenger cars in the EU markets in line with the group’s green aspirations, […]
The Hungarian currency, the forint weakened to unprecedented levels, first to 375 forints and then to 379 forints against the euro this Tuesday. According to Lajos Török, senior analyst at Equilor, two pieces of news in particular could have played a role, Hungary's greater involvement in the conflict, supporting Ukraine's EU membership, and the contradictory […]
Last week, Access4you and Colliers, an international real estate consulting firm, signed a partnership agreement about adding the accessibility assessing company’s rating method to Colliers' building rating portfolio in addition to LEED, BREEAM, and WELL certifications, Colliers says in a statement. Access4you aims to make office buildings accessible and barrier-free to people with special needs, […]
Qatar Airways says it welcomes the recent decision of the High Court, which issued an injunction against Airbus. The essence of the order is that Airbus must not do anything between the date of the order and a further hearing in April that would adversely affect its ability to comply with any court order that […]
In the past 24 hours, 102 patients have died, bringing the total number of deaths from the new coronavirus infection in Hungary to over 44,000. In the last 24 hours, 2,037 new infections have been confirmed, bringing the total number of identified infected people to 1,789,581 since the start of the outbreak, according to the […]
From this Monday, the National Bank of Hungary (MNB) ordered two bank holidays at the Hungarian Sberbank at the request of the credit institution. During this period customers will be able to make bank card transactions and can receive incoming items on their accounts but will not be able to perform account transactions. The MNB […]
A Hungarian C-17 aircraft of the NATO Heavy Airlift Regiment stationed in Pápa, W Hungary carried weapons, destined for Ukraine, from the Netherlands to a not specified Eastern European country. In the meantime, the Hungarian government said Hungary does not offer arms to Ukraine and does not allow arms transfers through its territory, but is […]
Japan is the second most important investor country in Hungary from the Far East. The CEO of the Hungarian Investment Promotion Agency (HIPA), Róbert Ésik explains to Diplomacy&Trade how the organization is working to attract more Japanese investors and to accommodate those already established here helping the Hungarian economy. “One of the first large foreign […]
One of the most popular and spectacular winter events, the Busó festival is under way in Mohács, S Hungary near the Serbian border. Going back to medieval roots, the march of people in frightening costumes is supposed to scare away winter. In the end-of-winter festival (that Hungarians refer to as 'Busójárás', that is, the 'march […]
The stock index of the Budapest Stock Exchange (BSE) fell this week, with the BUX closing at 45,769.16 points on Friday, down 8.89% on a week ago, or 4,468.04 points, the Hungarian state news agency MTI reported this Sunday morning. Turnover on the stock market was HUF 176.57 billion, down from HUF 66.5 billion last […]
In the framework of international cooperation, a Czech Vodafone team arrived today from Prague with two extra mobile base stations to reinforce Vodafone Hungary’s network capabilities. The measure, in the implementation of which the Czech team works together with Hungarian network engineers, is aimed for Vodafone to be ready to serve customers in case of […]
On March 3 this year, on the evening of the opening day of the traditional annual travel exhibition in Budapest, the tourism industry will celebrate with an exclusive party. The founder and chief organizer of this T-DAY event, Károly Bosznai, the Head of Communications, Krisztina Henyecz and the Sales and Marketing Director of the Budapest […]
Total revenue at the Hungarian telecommunications service provider Magyar Telekom increased by 2.5% year-on-year to HUF 193.6 billion in Q4 2021, or 4.0% year-on-year to HUF 700.1 billion for the full year, primarily driven by increases in telecommunication service revenue, particularly mobile data which offset the lower System Integration and IT (SI/IT) sales in both […]
