APG Network is the world’s leading platform for airline services. With over 100 offices covering more than 170 countries, APG is the world's largest general sales agent (GSA) network, partnering with over 200 airlines to help them optimize revenue flows. APG Network is the global ‘go to’ service provider for air carriers and it offers […]
Magyar Telekom, the leading Hungarian telecommunications service provider has announced that the its Board of Directors resolved to streamline its management structure by re-allocating the tasks and responsibilities of the Management Committee to the Chief Officers and to the Board of Directors of the Company with effect from January 1, 2020. Additionally, the Board of […]
The Hungarian air ticket portal repjegy.hu conducted a survey among the Hungarian public this fall, as to what destinations Hungarians would prefer to travel to. This is the fourth time this survey has asked tens of thousands of internet users: “If you could travel anywhere in the world, what place would you choose? Based on […]
The importance of 4G networks continued to grow in the second quarter of 2019 with over 95% of mobile Internet traffic and 17% of domestic call traffic already on 4G , showing an increase of 1.4 percentage points and 5 percentage points, respectively, compared to the end of 2018, says the latest mobile market report […]
In October 2019, the volume of industrial output grew by 6.1% year-on-year. Based on working-day adjusted data production rose by 6.4%, according to figures published this Friday by the Hungarian Statistical Office. The report says the majority of manufacturing subsections contributed to the increase. The rate of growth significantly slackened in the largest weight representing […]
On the occasion of the 30th anniversary of the establishment of diplomatic relations between the Republic of Korea and Hungary, Hungarian central bank (MNB) President György Matolcsy has received a delegation headed by his South Korean counterpart. A joint discussion was conducted about cooperation between the two institutions. No visit has been paid by representatives […]
Magyar Telekom, the leading Hungarian telecommunications service provider, has announced that it has reached an agreement with the trade unions on a headcount reduction and wage increases at the company in 2020. The company agreed with the trade unions on the termination of the employment relationship of some 450 employees, with the majority of the […]
Audi Hungaria has begun the serial production of the Q3 and Q3 Sportback models with Mild Hybrid Electric Vehicles (MHEV) powertrain in Győr, NW Hungary. Both models feature a 1.5-liter TFSI engine, also made in Győr, in collaboration with a 48-volt on-board system and a Riemen-Starter-Generator (RSG). The production line had been prepared for the […]
Messer Hungarogáz Ltd., member of the Germany-based supplier of industrial gases Messer Group GmbH has signed a contract for the construction of a new on-site facility with MOL Petrochemicals, a member of Hungary's MOL Group. A statement by the Messer Group says that the plant will supply nitrogen and instrument air for a new polyol […]
Following preliminary negotiations Rába Automotive Holding Plc. received an offer from one of Europe’s leading multinational trading companies to buy a part of its immovable property in downtown Győr. The part of the area known as Városrét, dedicated for commercial use, is going to be utilized as a result of years of preparatory work and […]
Members of Hungarian Parliament have held a minute of silence to remember former MP János Horváth who died in Budapest last week in his 99th year of age. János Horváth was a member of the National Assembly between 1945 and 1947, and from 1998 to 2014. From 2003 to 2014, he was the oldest Speaker […]
Industrial producer prices as a whole were 1.5% higher in October 2019 than in the same period of the previous year, Hungary’s Central Statistical Office reports this Tuesday. The development of prices was influenced by changes in world market prices of raw and base materials and by wage growth. Domestic output prices increased by 1.7% […]
41-year-old Claire Szabó, of dual New Zealand-Hungarian nationality, was elected President of the ruling Social Democratic (Labor) Party in New Zealand this past week-end. As index.hu reports, Szabó's father fled Hungary at the age of 17 in 1956 and began a new life in New Zealand, where he worked as an engineer. Claire Szabó was […]
Startup Campus Hungary has organized and executed a high-level startup tour in Athens for the first time, where representatives of the Hungarian and Greek ecosystems were able to establish new business relationships in the areas of smart city and sustainable energy management. A delegation organized by Startup Campus Hungary, powered by HEPA (Hungarian Export Promotion […]
"The tragedy of our Jewish compatriots is the tragedy of all of us, the darkest period of Hungarian history," Péter Niedermüller, Mayor of Erzsébetváros (Budapest’s District 7), said at a commemoration of the 75th anniversary of the Pest Ghetto in Budapest on Thursday, the Hungarian news agency MTI reports. At the commemoration of the local […]
