The March of the Living was held in Budapest this Sunday, with participants of the 21st annual walk commemorating the victims of the Holocaust marching from the Shoes on the Bank of the Danube monument to Várkert Bazaar via the Chain Bridge, MTI reported. Andor Grósz, President of the Association of Jewish Communities in Hungary […]
Real estate investment and acquisitions company Indotek Group has acquired three shopping centers in Greece. In a statement, the Budapest-based company quoted Philip Wood, Indotek's managing director for transactions and asset management, as saying that in addition to its retail ambitions, "Indotek Group is actively exploring further expansion opportunities in the Greek hotel industry." The […]
The pharmaceutical company Richter Gedeon Plc.'s new central office building, the Richter Center, situated in Budapest's 10th District, has received prestigious real estate market recognition, winning the Headquarters of the Year Award in the 2025 Office of the Year competition, the company told MTI on Friday. The statement said that the 17,400-square-meter, six-story headquarters building, […]
The EU Mission label was awarded to 39 new cities, including the Hungarian capital during the Mission Label Ceremony at the Cities Mission Conference 2025 in the Lithuanian capital, Vilnius, the Budapest Mayor's Office told MTI. This recognition that highlights the participants' ambitious plans to reach climate neutrality by 2030 and is designed to help […]
The Dutch Film Days at Toldi Cinema in the Hungarian capital are celebrating the richness of movies from the Netherlands through a strong selection of classics and recently released films between May 7 and 11. Over the past few decades, Dutch filmmakers have developed a distinctive voice in global cinema, blending local stories with universal […]
In Q1 2025, 2,704 new dwellings were built, 2.7% fewer than a year earlier. The number of dwellings to be built on the basis of construction permits and simple declarations was 5,651, 25% more than in the same period of 2024, the Hungarian Central Statistical Office reports. In the first quarter of 2025, 2,704 dwellings […]
The largest noise protection program, launched by the For the Neighbors of Budapest Airport Foundation in 2022 with the involvement of 4,000 properties in total, is continuing with the inclusion of additional areas of Districts 10 and 18 in Budapest and Üllő, according to a statement by Budapest Airport, the operator of the Ferenc Liszt […]
According to press reports, the Trump administration has expressed interest in reducing Hungary’s reliance on Russian energy sources, recommending the purchase of American liquefied natural gas (LNG) and nuclear technology instead. This aligns with a key pillar of sovereignty-focused economic policy: the pursuit of energy independence, the Hungarian Economic Reasearch Institute GKI says in its […]
After the increased interest of the past months, the residential property market for sale was characterised by a significant drop in demand in April, with interest declining mainly in the capital as investor activity declined, the Hungarian real estate website ingatlan.com reported on Monday, according to its own data. According to the monthly aggregate of […]
For small businesses, an online presence is essential, which has become a key competitiveness factor in recent years, said Tamás Sipos, head of Magyar Telekom's small and medium-sized enterprises (SME) segment, presenting the results of a representative survey conducted by Ipsos on behalf of Telekom at a press conference in Budapest on Wednesday. Those who […]
Brand loyalty is less and less influential in consumer decisions, but value for money is more important than ever in retail, the international consultancy firm Ernst & Young (EY) told MTI on Tuesday. According to a survey by the consultancy, a third of shoppers do not even look at brand names, and two-thirds do not […]
Thousands of cyclists gathered on Saturday afternoon in front of the Városháza Park (City Hall Park) in the downtown area of the Hungarian capital to participate in the 10th I Bike Budapest parade. The aim of the event was to raise awareness of the state of cycling in Budapest and to demonstrate for a better […]
Residential property sales in Budapest, the county seats and county-level cities were significantly shortened in the first quarter of this year, according to the latest analysis by the property website ingatlan.com. According to the summary sent to MTI, the extremely buoyant demand is shown by the fact that owners of residential property in Budapest found […]
The National Bank of Hungary (MNB) said in a report published on Thursday that the commercial real estate market may be on the verge of recovery, having moved from a multi-year low in both domestic and regional data last year. Speaking at a press conference in Budapest on the state of the commercial real estate […]
Despite geopolitical tensions, weak global growth and changes in the regulatory environment, the Mol Group closed the 2024 financial year with a stable result, meeting its financial targets, the Group's CEO, Zsolt Hernádi said at the company's annual general meeting in Budapest on Thursday. Zsolt Hernádi noted that despite the decline in the financial result, […]
