Important changes ahead in the life of the Swiss Roche Group's Hungarian subsidiary: a new managing director, Raffella Bondi has arrived at the helm of the company, which will continue its operations in the Budapest One office building. In parallel to the move, the pharmaceutical company is also moving to an agile organizational model. With […]
The Budapest Stock Exchange's share index, the BUX, closed at 53,955.85 points on Friday, up 111.26 points or 0.21%, the Hungarian state news agency MTI reports. Turnover on the stock market was HUF 7.7 billion, with leading shares performing mixed compared to the previous day's close. Zsolt Bosnyák, senior analyst at Equilor Befektetési Zrt. told […]
Duna House Group reached strong volume growth during the summer months of Q3 2021. Franchise real estate brokerage grew by 20%, own office real estate brokerage by 27% and loan brokerage by 103% on a year-on-year basis. In Q3 2020, COVID-19 already had no negative influence on the real estate markets, while some negative impact […]
Millennium Gardens, developed by TriGránit in the Hungarian capital, has received the Access4you Gold certification based on the project’s construction plans. As a press release by Colliers International points out, meeting the needs of tenants is crucial for the developer, and an increasingly important element of that is to serve employees with special needs or […]
The new office building, which was created from EUR 6.2 million, comprising 13,200 square meters of office space and a 2,500-square-meter laboratory complex, provides space for 1,200 workstations. The German-owned company currently employs more than 1,000 highly qualified engineers at its headquarters in Budapest. Thyssenkrupp is one of the world's top component suppliers, whose clientele […]
Budapest Airport is expanding its offer with a new service: it is the first in Europe to partner with Wolt and enable passengers to order in advance from restaurants and cafés at Ferenc Liszt International Airport. With the mobile application, fast and contactless orders can now be placed, paid and picked up at the food […]
Nikos Zois is set to succeed Geert Swaanenburg in the position of Managing Director at HEINEKEN Hungária as of October 1 this year. Having held the position since 2018, Mr. Swaanenburg will continue his career as Managing Director of HEINEKEN Germany, a HEINEKEN press release says. “In Hungary, I have found a new home, made many great friends, and had wonderful experiences, thus […]
In the first half of 2021, tenants leased over 1.1 million m2 of modern office space across the capitals of the 15 CEE countries. The highest level of activity was recorded in Warsaw (249,300 m2), followed by Prague and Budapest, according to the ‘ExCEEding Borders – Office Markets & Business Services in CEE-15’ report recently […]
Petrolszolg's new HUF 6.7 billion headquarters in Tiszaújváros was inaugurated. The industrial maintenance and services company, wholly owned by the Hungarian oil and gas trust MOL Group, will now manage the servicing of MOL's Tiszaújváros site from the new building. The 9,500-sqm facility has two floors, six units and four large workshop halls. This is […]
A unique undertaking by a brand: for those who lacked the space, the community or the tools to realize their innovative ideas, Telekom's new youth creative space, KraftLab, opening in Debrecen, provides all the necessary conditions for them to fulfil their potential, according to a press release by Magyar Telekom. KraftLab also demonstrates the power […]
Qatar Airways has been announced as the ‘Airline of the Year’ by the international air transport rating organisation, Skytrax, in addition to securing five additional awards including World’s Best Business Class, World’s Best Business Class Airline Lounge, World’s Best Business Class Airline Seat, World’s Best Business Class Onboard Catering and Best Airline in the Middle […]
Hungary's AutoWallis Group has outlined its expectations for the next few years: more than four times last year’s revenue and six times last year’s EBITDA expected for the year 2025. The AutoWallis Group expects dynamic growth until 2025, it revealed in the updated strategy published this Tuesday on the website of the Budapest Stock Exchange. […]
The Hungarian subsidiary of the Cosmo Consult Group will establish new IT development and service centers in Debrecen and Szeged providing business IT solutions. With an investment of some HUF 785 million, the company with a German background active in 26 countries, will create at least 50 high value-added jobs for IT professionals. Besides Hungary, […]
The 8,000-square-meter new Railway Service Center of the world leading manufacturer of brake systems for railway and road vehicles, Knorr-Bremse Rail Vehicle Systems Hungária Kft., has been inaugurated in Budapest. As a result of the investment, which includes on-site infrastructure and building development, as well as technology development, the range of the company's service competencies […]
Balaton cheese, produced by Balaton cheese, produced by Vászolyi Cheese, was the only Hungarian brand to receive a gold medal from the French jury at the Mondial du Fromage. Cheese, was the only Hungarian brand to receive a gold medal from the French jury at the Mondial du Fromage. The award was handed over to […]
