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Budapest Automotive Summit Held for the First Time

D&T
Apr 11, 2024

A conference on the challenges, trends and current changes facing the automotive industry and trade in Hungary was held in Budapest, with the participation of top executives from the Hungarian automotive industry and automotive trade, with the title 'Are we running into the wall or can we still swerve the steering wheel?' The Budapest Automotive […]

E.ON Hungária Installs over 165,000 Smart Meters

D&T
Apr 4, 2024

The electricity company E.ON Hungária is installing more than 165,000 new smart meters in its service area. The HUF 10.1 billion investment is being carried out under the EU's Recovery and Resilience Instrument (RRF) program, with the Hungarian government providing upfront funding. State Secretary in charge of the project, Attila Steiner stressed that the government […]

E.ON Continues Bird Conservation Investments

D&T
Apr 3, 2024

In order to protect birds, E.ON Hungária has laid underground cables to protect the overhead power lines at the Pusztazámor landfill site, the electricity company told MTI on Wednesday. The area around the landfill in Pest County is a habitat for many bird species, but the investment is also in the interest of the settlements […]

Easter Specialty in Tapolca: Egg Park

D&T
Mar 29, 2024

The egg park in the center of the Western Hungarian town just north of Lake Balaton has been decorated again this year, with a two-meter-high egg even bigger than last year's, advertising the town's attractions. In addition to decorating the park's tree with weatherproof eggs, enthusiastic members of the Women's Club also set up an […]

Balaton Sailing Season Kicks Off with New Ships

D&T
Mar 28, 2024

The inauguration ceremony of four new ships (two catamarans and two ferries) of Balaton Navigation Ltd (Bahart) was held in Siófok. The development, the first of such in 40 years, could give a new boost to tourism on Lake Balaton. Bahart CEO Gábor Veigl said that the new vessels meet the highest environmental standards, are […]

Rheinmetall Plant to Be Built in Szeged

D&T
Mar 26, 2024

The foundation stone of the new factory of the German automotive and arms manufacturer Rheinmetall was laid in Szeged, SE Hungary this Tuesday. At the event, Christoph Müller, head of the Rheinmetall Power Systems division, said the Szeged plant will be the group's first hybrid site, where civil business and defence technology activities will be […]

Hundreds of Wines at the First Winelovers Grand Tasting

D&T
Mar 25, 2024

More than 150 Hungarian wine and sparkling wine brands will participate with a total of 700 items at the Winelovers Grand 2024 launch tasting, where around 100 wines from international wineries will be available for tasting on April 6 at the Corinthia Hotel Budapest. This year's Winelovers Grand will again offer a broad insight into […]

1 in 3 Hungarian Cardholders Regularly Pay by Mobile

D&T
Mar 21, 2024

The digitalization of Hungarians using bank cards has continued to grow, especially in mobile payments and online shopping, but travel and spending abroad have also returned to pre-pandemic levels, according to the results of Mastercard's Bank Card Usage Habits and Attitudes survey published on Thursday. With a 97% bank card penetration rate in Hungary, the […]

Easter Traditions in the Szentendre Skanzen

D&T
Mar 21, 2024

On Easter Sunday and Monday, March 31 and April 1, the Open-Air Ethnographic Museum (Skanzen) brings the old village Easter celebrations to life with sprinkling, eggs and a spring festival. Tales, concerts and handicrafts await visitors in the Skanzen. Traditions linked to Christian culture and spring folk customs will be on display. Participants can get […]

Green Bond Issued by MFB

D&T
Mar 18, 2024

The first green bond issue by the Hungarian Development Bank (MFB) was met with keen interest: the auction on the Budapest Stock Exchange raised almost HUF 11 billion in funds, which will help finance green investment by businesses, the bank told MTI on Monday. They said that MFB raised a total of HUF 10.8 billion […]

Budapest Wins EU's European Mobility Week Award

D&T
Mar 15, 2024

Budapest has won the European Commission's award for the programs and developments implemented in the framework of last year's European Mobility Week, the Mayor's Office of the Municipality of the City of Budapest announced on Friday. The annual Mobility Week, organized by the European Commission, aims to promote sustainable transport and make it more accessible. […]

'Cancer & Work: Acting Together' at Sanofi

D&T
Mar 13, 2024

The pharmaceutical company Sanofi launched its international program "Cancer & Work: Acting Together" in February. It provides support to employees affected by cancer. The company says in a statement that it is providing social, mental and financial support, with up to twelve months of supplementary pay through a health fund, regardless of job title or […]

Spar Challenges Hungarian Government Tax Move

D&T
Mar 11, 2024

The supermarket chain Spar is to complain to the European Union about a special tax in Hungary, a Financial Times (FT) report is quoted by the Hungarian financial portal portfolio.hu. Spar has accused the Hungarian government of breaking EU law and called on Brussels to intervene to mitigate the "devastating" effects on its operations. The […]

Supporting Diversity in Decision-Making Bodies

D&T
Mar 7, 2024

The Budapest Stock Exchange (BÉT), the Hungarian Business Leaders Forum (HBLF) and the Institute of Directors (IoD) have signed the Memorandum of Understanding (MoU), with which they support diversity in the decision-making bodies of domestic companies. Several organizations expressed their support for the initiative and joined as signatories: the British Chamber of Commerce in Hungary, […]

New Hungarian President in Office

D&T
Mar 5, 2024

As of 00.00 hours this Tuesday, Tamás Sulyok is the new President of the Republic in Hungary. He was elected President by the governing majority of Hungarian Parliament on February 26. He is the seventh President of the Republic since the change of regime in 1990. As his first activity as the new head of […]

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