Canadian automotive company Linamar establishes its European electro-mobility center in southeast Hungary. The partially-independently developed electric powertrains of the firm will be manufactured in Békéscsaba for premium category cars. The two units (located in Orosháza and Békéscsaba), involved in the EUR 78 million investment program, will create 250 long-term, competitive jobs in the coming years. […]
Codic Hungary closed a very successful year in 2019 by securing an anchor tenant who will lease 11,300 m² in the Green Court Office building, due for completion in Budapest in early 2022. With this transaction, Codic Hungary’s latest development will reach 65% occupancy of its office spaces only seven months into construction. The tenant, […]
The funding for the Hungarian-American Fulbright scholarship program will be increasing from the current HUF 250 million (EUR 740,000) to HUF 400 million (EUR 1.2 million) by 2022. The increase is due to the fact that the Hungarian government will increase its contribution to the same level as that of the United States: from HUF […]
A send-off ceremony was held this Monday at Kossuth Square in Debrecen, eastern Hungary, for the 22nd contingent of the Hungarian Defense Forces' KFOR (Kosovo Force) Corps before they leave for the Balkan country. From March, the Hungarian soldiers will serve for six months as part of the international peacekeeping force under NATO command, with […]
The number of nights spent by international tourists in Hungary increased by 13% and that of nights spent by domestic tourists decreased by 3.4% in December 2019 compared to the same period of the previous year in commercial accommodation establishments (hotels, boarding houses, camping sites, bungalows and community hostels). Latest figures by the Hungary's Central […]
Any change cycle difficult? Recycling is not! “We have already done something for the planet by recycling and choosing our recyclable packaging” – this is what the extraordinary exhibition of HEINEKEN Hungária points out. The brewer's installation is free to see in front of the Budapest Aquarium Club until February 26. The purpose of the […]
Integrated International Payroll (iiPay), the cloud-based market leader of global payroll and technological services, has chosen Budapest for the location of its center serving the EMEA region (Europe, Middle East and Africa). Initially, the office of 60 associates will provide operative tasks in English, German, Polish, Spanish and Italian languages, but short-term plans feature expansion […]
The Association of Hungarian Travel Agencies (MUISZ) has chosen the Mercure Budapest Korona as Hotel of the Year, the Hungarian news agency MTI reports. The 30-year-old hotel is being completely renovated, with the two-year process to be completed in April this year, the company said. The Mercure Budapest Korona is owned by Orbis, Poland's leading […]
Seven Hungarians who decided to return home from the sealed coronavirus-stricken central Chinese city of Wuhan arrived in Budapest just after 8 p.m. Sunday evening. Together with many others, they landed in France on Sunday afternoon, from where they were brought to Budapest by a plane of the Hungarian Defense Forces. Then, the Hungarians were […]
Based on the decision of the authorities, all passengers arriving with direct flights from China must have their body temperature checked at Budapest Airport, prior to entering the country. The checks are performed by staff from the medical service provider commissioned by Budapest Airport, under the supervision of the Airport Police Directorate. The medical checks […]
Hungary's Tímea Babos - in pair with France's Kristina Mladenovic - won the women's doubles title at the Australian Open tennis Grand Slam tournament in Melbourne this Friday. In the final, he No.2 seed Franco-Hungarian pair defeated top seeds Hsieh Su-Wei of Taiwan and Barbora Strycova of the Czech Republic in two straight sets, 6-2 […]
Wizz Air, a low-cost airline with Hungarian background, posted record-high after-tax profit of EUR 21.4 million in the third quarter that ended on December 31. According to a statement of results published on the company's website this Wednesday, Wizz Air increased its revenue by 24.6% to EUR 637 million during this period, while passenger traffic […]
The Croatian oil company INA is now over 55 years old. Over this period, it has greatly contributed to the country’s energy security. In the past decade, it went through further development as part of the Hungarian MOL Group and as a firm committed to sustainability and supporter of the local community. Speaking about the […]
Reflections on the book, Central Europe Revisited, by Emil Brix and Erhard Busek will be held with an Academic Book Launch and roundtable discussion at the Hungarian Academy of Science, sponsored by the Institute of Advanced Studies Kőszeg (iASK). There are two often contradictory narratives on Central Europe these days. The first is that Central […]
The 630,000 m2 of certified green office space as of 2015 year-end had increased to over 1,500,000 m2 by the end of 2019, more than doubling the amount of green office space. This represents 40% of the total modern office stock. There have also been doubles in the number of certified office buildings or office […]
