The Business Council for Sustainable Development in Hungary (BCSDH) elected its leadership for another three-year term at its renewal General Assembly. Attila Chikán Jr., the CEO of ALTEO Energy Services Plc., has led the four-member Board for nine years, during which time nearly 90 new companies joined the organization, BCSDH has announced. Today, BCSDH represents […]
A self-operating organ for Kaohsiung in southern Taiwan has been manufactured by a manufactory based Pécs, southern Hungary, the Hungarian edition of euronews reports. The instrument, designed for the port city's railway station, is unique in the world: in addition to being earthquake-proof, the organ is programmed with spectacular lighting and various sound effects to […]
Based on the opinions of 252 Hungarian CEOs, PwC Hungary has presented the 'Most Inspiring Leader of the Year Award'. Established in 2022, the award recognises a Hungarian CEO who is seen as a role model by other top executives in Hungary. This time, the award has been given to Gábor Orbán, CEO of the […]
After a 10% drop in sales in 2023, reminiscent of the new coronavirus epidemic, the domestic sales of the five largest Hungarian beer producers increased by 2.8% to 5.55 million hectoliters in 2024, Sándor Kántor, director of the Association of Hungarian Beer Producers, told MTI. This brings the pace of expansion back to around 3% […]
Hungary’s 4iG Space and Defence Ltd. (4iG S&D) has signed a non-binding Memorandum of Understanding with Houston-based Axiom Space, Inc. to explore and develop joint space industry cooperation opportunities, including in the area of orbital data center (ODC) services, 4iG told MTI on Monday. According to the information, the parties will set up a joint […]
A record number of more than 2,400 samples competed at the 15th anniversary E Hungary, and Spirits Competition in Debrecen, the organizers told MTI on Sunday. A total of 2,402 samples were entered from 151 settlements in Hungary, Romania, Slovakia and Serbia. This is an absolute record in the history of domestic and international pálinka […]
The majority of people believe that it is now essential to be able to pay by credit card in shops, markets and at service providers such as plumbers or hairdressers, OTP Mobil said on Tuesday, based on a representative survey conducted by MTI. The survey, representative of the Hungarian population aged 18 and over, was […]
Efforts to promote responsible alcohol consumption are paying off: recent findings from international research by HEINEKEN and the University of Oxford show a radical change in the way consumers – especially young people – approach non-alcoholic beverages. The role of group norms and traditions is increasingly being replaced by an embrace of personal values, leading […]
Consumer prices were 5.5% higher on average in Hungary in January 2025 than a year earlier. Over one month, consumer prices rose by 1.5% on average, within which motor fuels became 2.7% more expensive, the Central Statistical Office (KSH) reports. In 12 months, compared to January 2024:A price increase of 6.0% was recorded for food, […]
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 […]
