Housing prices in Hungary rose by more than 9% in January compared to a year earlier, a faster increase than expected, real estate.com reported on Monday, based on data from its January house price index. The housing price index, which is based on the number of advertisements posted on the real estate advertising portal, shows […]
Dozens of programs – including festivals, balls, costume parades, cycling tours and car rallies – await visitors to Lake Balaton during the carnival period, the Balaton Tourism Association told MTI on Saturday. In their statement, they wrote that this year, at least thirty to forty carnival events and winter carnival balls will lure visitors to […]
HungaroControl recorded record traffic in Hungary's airspace in 2024 with 1 million 143,937 aircraft, of which almost 84% were overflights, and strong traffic is expected to continue this year, the Hungarian air traffic service provider told MTI on Wednesday. It was recalled that HungaroControl was the first in Europe to abolish the air route network […]
As expected, the year started actively on the domestic real estate market, with 9,267 sales in January, a 9% decrease compared to December, but almost 11% more than in January last year, Duna House said on Tuesday, based on its own estimates, according to MTI. According to the real estate brokerage's forecast, the real estate […]
Budapest Airport, the operator of the Hungarian capital's Ferenc Liszt International Airport and part of VINCI Airports’ network, has announced the launch of new Jet2.com flights from Budapest to East Midlands Airport and Newcastle in England. The two new destinations will be added to the airline’s current services to Manchester, Birmingham and Leeds Bradford in […]
The market expects investor activity in the Hungarian commercial real estate market to increase this year, mainly due to improving investor sentiment, the lowering of the European Central Bank (ECB) base rate and the increasing presence of foreign working capital from Asia, international real estate consultancy Colliers said on Tuesday, according to MTI. They added […]
The Hungarian Diplomatic Academy (MDA) has signed a cooperation agreement with Continental Autonomous Mobility. The aim of the MDA's Corporate Diplomacy Program, which is overseen by the Ministry of Foreign Affairs and Trade, is to deepen cooperation between the corporate sector and the foreign service, MDA told MTI. Since its establishment in 2020, MDA has […]
Nearly 60% of the world's CEOs expect global economic growth to accelerate in the next 12 months, and 42% expect a 5% increase in headcount, according to PwC's 28th Global CEO Survey, released this Monday at the World Economic Forum in Davos. Almost three-fifths (60%) of CEOs are optimistic about the global economic outlook in […]
According to preliminary data, the domestic used car market saw an all-time high of 909,000 cars changing hands in 2024. This figure exceeded the previous record by 10.2%: 825,000 domestic transfers in 2022, JóAutók.hu summarized in an analysis published on Monday. Prices also fell significantly in the supply market that developed last year, Das WeltAuto […]
Never before has the volume of traffic in Hungary's airspace been as high as in 2024, with HungaroControl's experts handling more than 1.1 million aircraft in the year, almost 6% more than in the previous year, the Hungarian air traffic service provider told MTI on Thursday. According to the information, the year 2024 brought the […]
Ho Taek Lim, as an experienced manager with many years of experience, took over as Managing Director of the Hankook Tire factory in Rácalmás. He was appointed to the position from December 1, 2024, after the retirement of Hyung Yun Kim, the company has announced. “Having already worked here at the site in the past, […]
The Kiskunság National Park, situated between the Danube and Tisza rivers, was established on January 1, 1975 as Hungary's second national park, the Ministry of Agriculture told MTI on Saturday. The park has become a symbol of the protection of natural values, the development of ecotourism and environmental education over the past half century, preserving […]
The real estate group Duna House had a strong finish in 2024: key volumes exploded to all-time highs in the last quarter sustaining significant y-o-y growth (financial intermediation volume increased by 17% and network commission revenue by 24%), while growing also on quarterly basis (+14% and +16%, respectively), the Group has announced on the website […]
More than a billion plastic bottles, cans and glass bottles have been returned in Hungary in the past six months, with the number of daily returns exceeding 10 million on several days between Christmas and New Year, beating the previous record of 8 million in August, MOHU, the company responsible for the recycling of such […]
The National Bank of Hungary (MNB) is focusing its retail campaign on financial health to help households create a more stable financial situation for themselves, the bank told MTI on Wednesday. Financial health does not depend solely on the financial situation, planning, developing money management habits and exploiting savings opportunities can all help, the ministry […]
