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Former Suzuki Motors Chairman and CEO Passes Away

D&T
Dec 28, 2024

Suzuki Motors' former chairman and CEO, Suzuki Osamu has died at the age of ninety-four, the Japanese automaker announced on Friday. The former Suzuki leader died on Wednesday of lymphoma, the company said in a statement. He joined Suzuki in 1958, a company founded by his wife's grandfather, and rose through the ranks to become […]

Year 2024 in the City Center Real Estate Market

D&T
Dec 13, 2024

The beginning of 2024 saw a slight recovery in the Budapest city center real estate market, which was, in fact, fueled by the traditional boom at the end of 2023. According to Ben-Ezra Orran, an expert at Central Home, demand has gradually increased compared to previous years, especially for newer two-room apartments. Prices on the […]

Minister of Economy Praises Hungarian Tourism

D&T
Dec 10, 2024

Tourism in Hungary is booming, and ‘Ferihegy’ [as Budapest’s Ferenc Liszt International Airport is commonly known] is Europe's fastest growing airport, Minister of National Economy Márton Nagy said at the Michelin Guide awards ceremony in Budapest on Tuesday evening, where he also thanked Hungarian gastronomy for its achievements. This year has been a record year […]

Real Estate Sales Could Total 120,000 in Hungary in 2024

D&T
Dec 9, 2024

The domestic real estate market has performed in line with preliminary expectations this year, with the number of sales expected to close around the middle of the 110-130,000 annual range, and a further 10-20% growth can be expected next year, real estate broker Duna House has said, based on its own data. The statement quoted […]

European Gen Z's Love for Experiential Gifts

D&T
Dec 5, 2024

He’s not going to say no to the latest AirPods. She’s not going to turn down that designer weekender bag. But a new Mastercard survey exploring the preferences of Europe’s Gen Z reveals those gifts may be merely the means to an end: the experience itself, Mastercard explains in a press statement. For many younger […]

Budapest Airport Launches Employer Brand Campaign

D&T
Dec 4, 2024

Budapest Airport (the operator of the Hungarian capital’s Ferenc Liszt International Airport), powered by VINCI Airports, believes that “there is talent in everyone, but it really shines when it finds its place. However, to find the job where one can really soar, we must first get to know ourselves better.” The company’s new employer brand […]

Szekszárd Enriched with Nearly 400 Young Trees

D&T
Nov 27, 2024

Within the framework of the ProviGreen program, a sustainability initiative of Provident Financial Ltd., together with the Municipality of Szekszárd, the employees of the financial service provider plant nearly 400 saplings along two cycle path sections in Tartsay Vilmos Street and Keselyűsi Road in the south-central Hungarian town.  "Our city's network of cycle paths is […]

Orlen Customers Have Saved Nearly HUF Half a Billion

D&T
Nov 27, 2024

More than 175,000 users have saved nearly HUF half a billion forints at ORLEN petrol stations in Hungary this year as the region's largest oil company gives a HUF 10 discount on every liter of fuel to drivers using its mobile application. A company statement points out that since the launch in of December 21, […]

How Can a Company Achieve Real Well-Being?

D&T
Nov 20, 2024

What does it mean to be well at a corporate and individual level? How do we impact not only profits but also mindset change? What makes a good leader and how to motivate employees? These were some of the topics on which leading figures in Hungarian business shared their thoughts on November 18 at a […]

Once Again, JYSK Closes Stores in Hungary on December 24

D&T
Nov 15, 2024

For the seventh year running, JYSK stores across the country are closed for Christmas. This year, the Danish home furnishing chain, which has more than 900 active employees in its domestic retail business, has won several prestigious employer awards - and the closure is in their interests. JYSK has also seen a steady stream of […]

Most Attractive Workplace of the Year by PwC Hungary

D&T
Nov 15, 2024

In addition to a basic salary, it is privacy and a supportive, friendly atmosphere that count when choosing a job, according to the eighth edition of PwC's Labor Market Preference Survey, which this year attracted more than 90,000 experienced employees, university students and students in public education or vocational training. The Most Attractive Workplace of […]

Mastercard Green Friday in Hungary

D&T
Nov 15, 2024

Mastercard launched its second Green Friday campaign, this year, the objective is to promote conscious food shopping and nutrition. Several Hungarian banks have joined the initiative, the credit card company's statement said on Friday. "The focus of this year's Green Friday is on sustainable food shopping and nutrition, as it is clear that many of […]

House Prices in Hungary Accelerated in October

D&T
Nov 14, 2024

Housing prices rose by 2.5% in October compared to a month earlier, compared to a monthly increase of only 0.9% in September; the year-on-year increase accelerated from nearly 7% in September to almost 10% in September, according to the latest housing price index from the Hungarian real estate site ingatlan.com. According to the portal's Thursday […]

Strategic Agreement between KPMG and Corvinus University

D&T
Nov 13, 2024

The Corvinus University of Budapest and KPMG, an audit, tax and business consulting firm, have signed a strategic agreement, a three-year partnership document signed by Bruno van Pottelsberghe, the university's president-rector, and Rezső Rózsai, the company's CEO, KPMG has told MTI. According to the information, the partnership serves to ensure that the latest technologies and […]

MBH Bank Further Increases Stake in Fundamenta

D&T
Nov 12, 2024

MBH Bank Plc. is further increasing its stake in Fundamenta-Lakáskassza Plc. after signing a sale and purchase agreement with Generali Biztosító Plc.. for the purchase of a 14.88% stake in the housing savings bank; after obtaining the necessary regulatory approvals, the credit institution will hold a total of 91.23% of the company. MBH Bank said […]

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