The multiple award-winning Liget Center development by WING has been honored with the Construction Industry Excellence Award, recognizing the project’s outstanding architectural, heritage preservation and technical achievements. The prestigious accolade was presented on December 10 by ÉVOSZ, the National Association of Building Contractors, Hungary’s leading professional organisation in the construction sector. Among the applicants for […]
Hungarian Nobel laureate writer László Krasznahorkai talked about rebellion, human dignity, angels and hope in his Nobel Prize lecture at the Swedish Academy in Stockholm on Sunday. "The angels of old are no more, there are only the new ones … and, having lost their wings … they walk among us in simple street clothes," […]
Retail sales in Hungary rose 3.1% year-on-year in October, data released by the Central Statistics Office (KSH) on Thursday show. Retail sales also rose 3.1% when adjusted for calendar year effects. Adjusted food sales increased 1.2%, non-food sales climbed 5.2% and vehicle fuel sales edged up 0.6%. Online and mail-order sales volume, which accounted for […]
The University of Szeged (SE Hungary) signed a cooperation agreement with Chinese car manufacturer BYD Auto Hungary on Wednesday. The agreement extends to instruction and research and development. University of Szeged rector László Rovó said the school had made an intensive effort to built up its network of Chinese contacts over the past decade, opening […]
The minister of national economy has decided to limit the number of residency permits issued for guest workers to 35,000 in 2026, level with the number in 2025, the ministry announced on Tuesday. "Hungarian labour remains the priority for the government which is why it will make every effort to put Hungarians in unfilled positions," […]
E.ON Drive Infrastructure (EDRI), Voltix and GreenWay can begin building one of Europe's largest megawatt charging networks with EUR 70.3 million in EU funding. By 2028, the system will serve road freight transport across the continent with a total of 330 charging points at 55 strategic locations, including Hungary, EDRI told MTI on Wednesday. Chargers […]
Listed real estate broker DH Group on Tuesday announced its entry into the Spanish market through the gradual acquisition of local peer Don Piso Group and the establishment of a joint venture to introduce its Credipass financial services in Spain. Under an agreement, DH Group acquired an initial 22.08% stake in Don Piso Group through […]
WING, one of the leading real estate development and investment groups in the Central European property market, has received significant professional recognition. The Hungarian Chapter of the International Real Estate Federation (FIABCI) announced the 27th Hungarian Real Estate Development Excellence Awards Competition this year, where WING’s Liget Center project earned multiple awards. FIABCI, headquartered in […]
Artificial intelligence (AI) is not a promise for the future, but already a competitive factor for Hungarian companies, according to a recent SAP survey of 387 Hungarian middle and senior managers. According to the results, the business benefits of AI are tangible: the vast majority of companies using the technology experience faster decision-making, more efficient […]
Marking World Children’s Day, UNICEF Hungary on Thursday said it is partnering with the national police headquarters ORFK to promote child safety and the protection of children’s rights. "On November 20, the world lights up in blue as a reminder that every child has a right to safety, love and dignity," UNICEF Hungary said in […]
At the opening ceremony of this year's Scientific Student Conference of the Faculty of Electrical Engineering and Informatics at the Budapest University of Technology and Economics (BME), SAP Hungary Ltd. and the University signed a three-year strategic framework agreement. The goal of the two organizations is to develop an even closer relationship between Hungarian engineering […]
The JATE Awards, founded by Katalin Karikó, were presented for the first time at a gala evening held at the University of Szeged on Saturday evening. Literary historian Mihály Ilia, chemistry professor Ágota Tóth, and physician and doctoral student Márton Simon Czikkely received the awards. Katalin Karikó, a former student of József Attila University (JATE), […]
Free skating, charity opportunities, sparkling lights, delicious flavors and aromas, and magnificent gifts await everyone who is already in the Christmas spirit. In connection with the 152nd anniversary of the capital city, the 2025 Advent and Christmas Market and Winter Experience Park opened this Friday afternoon with Budapest's first festively decorated pine tree as well […]
The Hungarian government will extend mandatory caps on a range of food and non-food products until February 28, 2026 in a decree published late on Thursday in the latest issue of the official gazette Magyar Közlöny, the National Economy Ministry told MTI in a statement. The markups cap is also being extended to cover 14 […]
The Hungarian Association of Digital Companies (IVSZ) has joined CyberShield, an initiative to prevent digital financial fraud through education, the Hungarian Banking Association said on Thursday. By joining CyberShield, IVSZ aims to help SMEs build more effective defences against business fraud. CyberShield was launched by the banking association, the National Bank of Hungary, the National […]
