The British Chamber of Commerce in Hungary (BCCH), which is 30 years old this year, has held its annual general meeting. Duncan Graham was re-elected President of the organization and the Chamber Council was strengthened with several new members, according to a Hungarian language press release by BCCH. In view of the favorable development of […]
In May, Suzuki again registered the highest number of new passenger cars sold in Hungary: 1,564 vehicles, 13 more than in April. This means that it has gained 14.62% of the market, the business daily Világgazdaság reports. The newspaper notes that compared to the last two years, the brand had the largest share in May […]
Gedeon Richter Plc. has announced that it extended its existing licensing agreement with AbbVie, originally dated 2004, for the development and commercialization of its own-developed molecule, cariprazine. The initial agreement covered the territories of the USA and Canada and was extended in 2019 to include certain countries in Latin America. The present agreement further expands […]
The volume of gross domestic product lessened by 2.1% in Hungary in the first 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 became 2.0% higher than in the previous quarter and 1.6% […]
Two rare bottles of wine from Hungary’s famous Tokaj wine region, created by its original winemakers, the Zimmerman family in 1889 is to be offered at auction. Two bottles of incredibly rare 1889 ‘Tokaji Essencia, Zimmerman Lipot’ from Hungary’s most renowned wine region Tokaj and from the most famous family to produce it, will be […]
The Hungarian Marketing Association (MMSZ) has launched the Marketing Talent Award as the most important task of marketing is to drive the economy, which requires sustainable and innovative solutions, and the marketers of the future have a key role to play in this. The Marketing Talent Award, co-founded by HEINEKEN Hungária Zrt. and Magyar Telekom […]
A memorial to victims of the deadly boat collision on the River Danube which took the lives of many South Korean tourists was inaugurated on Monday at Margaret Bridge, marking the second anniversary of the disaster. A memorial to victims of the deadly boat collision on the River Danube which took the lives of many […]
If we do not change our lifestyles, food will be responsible for the largest share of emissions by 2030. Every year, 931 million tons of food waste is generated by households, retailers and other food processes. It is therefore not surprising that 8% of global greenhouse gas emissions are caused by food ending up in […]
Five patients died in Hungary in the past 24 hours, bringing the total official number of deaths to 29,733 in this country according to the relevant government website. The number of cured persons is steadily increasing and now stands at 700,236, while the number of active infected persons has decreased to 74,569. 156 new cases […]
The country's first fragrance museum was inaugurated in the Herb Garden of the Pannonhalma Abbey on Sunday, offering an insight into the thousand-year-old Benedictine monastic herbal culture. In the Herb Garden's building 'A', the exhibition spaces of the show manufactory were created and the new essential oil distillation equipment was installed. Building 'B' of the […]
A biotechnological process that has been known for a long time and used all over the world has been extended and made more economical and environmentally friendly by the collaborative research groups of the Department of Biotechnology and the Institute of Plant Biology of the University of Szeged. According to the new recipe, willow is […]
In the first quarter of 2021, the real estate business Duna House Group has significantly improved its profitability, while its EBITDA (earnings before interest, taxes, depreciation, and amortization) to sales ratio increased to 17%, while its clean core EBITDA reached HUF 471 million, which is 27% higher than in Q1 2020. A report on the […]
The Covid-19 variant first identified in India has been detected in Hungary, chief medical officer Cecília Müller has announced. Of the two patients identified with the variant, one has already recovered and the other is treated in a hospital, but does not need a ventilator, she said. Cecília Müller said that one of the two […]
East Central Europe outperformed other EU countries in 2020 in terms of economics, hopefully returning to a strong income convergence to Western Europe in 2021, according to the report presented by Skanska and SpotData. The report presents 100 most important economic trends in Poland and the CEE region at the threshold of 2021 opportunities and […]
After the best year ever in terms of passenger traffic, 2020 was the most difficult year ever financially for Budapest Airport. The company ended the financial year with a loss of 110 million euros. In spite of the unprecedented difficulties, however, the operation and financing of the company remain continuously stable and its continued liquidity […]
