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2024 Industrial Real Estate Market Snapshot

D&T
Oct 22, 2024

The Budapest Real Estate Consultants' Forum (BIEF, BRF), which comprises CBRE, Colliers, Cushman & Wakefield, ESTON International, iO Partners and Robertson Hungary, has published its industrial/logistics real estate market data for Q3 2024. The statement points out that the total modern industrial stock in Hungary amounted to 5,292,750 sqm at the end of Q3 2024. […]

Budapest Airport to Help People with Hidden Disabilities

D&T
Oct 21, 2024

One in six people in the world live with some kind of disability, but it is not always easy to see for outsiders. This year, Budapest Airport, the management company of the Hungarian capital’s Ferenc Liszt International Airport, has launched several initiatives at the airport to make travelling more pleasant and relaxing for people with […]

Half a Billion Bottles and Cans Returned at REpoints

D&T
Oct 20, 2024

The number of bottles and cans returned under the new recycling system has reached half a billion this week, Mol's waste management concession company MOHU has told MTI. The statement said that MOHU's goal is to recycle at least 90% of beverage packaging in Hungary, where it is estimated that more than 3 billion beverage […]

Provident Expands Cooperation with Interchurch Aid

D&T
Oct 16, 2024

Developing financial literacy and self-care is of paramount importance in improving the quality of life, especially in social groups where adults, even if they have their own income, lack financial security. The Hungarian Interchurch Aid organization (HIA) and Provident Financial Ltd. have been working together as strategic partners for two years now to give as […]

Hungarian Design Furniture in an Italian Luxury Hotel

D&T
Oct 16, 2024

After several years of renovation, the iconic Art Nouveau building, once known as the Grand Hotel Milano, is set to open in one of the hearts of Italian luxury, towering over Lake Como. The historic building will soon be revitalized as the Nuvole Garden, with a vision by Hungarian designer Zoltán Varró. According to a […]

Real Estate Market to See Strong End to the Year

D&T
Oct 14, 2024

Experts expect a strong end to the year on the real estate market, with the 9,754 transactions estimated by the real estate brokerage firm Duna House for September exceeding the previous month's value by 4.8% and the year-earlier value by 20.9%, the company told MTI on Monday. Duna House estimates that 92,000 transactions have been […]

Every Second Company Plans to Raise Wages Next Year

D&T
Oct 13, 2024

One in two companies plans to raise wages next year, but that is a lower proportion the one than this year, and every fifth company plans to increase the amount of the cafeteria allowance next year, according to a survey by the Profession.hu job portal. The portal has carried out its latest survey based on […]

Drone Crop Protection and Other Törley Innovations

D&T
Oct 12, 2024

Hungary’s Törley winery plans to use half of its energy from renewable sources, halve its CO2 emissions by 2030 and reduce them to zero by 2040. Innovative developments in growing and production will also promote efficiency and sustainability, as well as mutually beneficial cooperation with nature, the company’s Managing Director Kornél Müller said in a […]

Lack of Digital Skills May Cause Economic Disadvantages

D&T
Oct 9, 2024

According to the latest report by the European Union, Hungary performs below the EU average in terms of digital skills: only half of the population possesses at least basic digital skills, which is slightly below the EU average and makes the 80% target set for the end of the decade seem distant. However, the solution […]

Change of Image at LEO

D&T
Oct 3, 2024

After 11 years, the National Association of Facility Management, Building Operation and Maintenance Service Providers (LEO) has undergone a complete makeover, the organization has announced. The rebranding is aimed at strengthening the brand position, increasing professional credibility, being more active in member recruitment and presenting a professional image on the international scene. The logo facelift […]

Residential Property Transactions Up in Hungary

D&T
Oct 3, 2024

The Hungarian real estate brokerage firm Duna House estimates that 9,754 residential properties changed hands, up 21% year on year, and that HUF 112 billion worth of housing mortgages were taken out in September 2024 in Hungary, more than double (+106%) of the base period's data. The number of transactions in the first nine months […]

Recycle App: One Million Users Already

D&T
Oct 1, 2024

There are already one million users of the REpont application developed for the mandatory return system of beverage packaging, two thirds of the registrants joined in July and August, MOHU MOL Waste Management Ltd. has told MTI. The REpont app, which has been one of the most popular apps on internet download sites for weeks, […]

International Travel Award for Liget Budapest Project

D&T
Sep 29, 2024

It was the first time in the history of the International Travel Awards that a development won three awards: the Liget Budapest Project won first place in two categories: the World's Best Tourism Development and Europe's Best Family Friendly Development, while the Hungarian House of Music was awarded the title of Europe's Most Attractive Tourist […]

World Press Photo Exhibition Opens in Budapest

D&T
Sep 19, 2024

The World Press Photo exhibition opened on Thursday evening in Budapest's Biodome, showcasing the images of 31 photographers from 24 countries. Every year, the World Press Photo exhibition is a major cultural event in Budapest, attracting thousands of visitors, Ambassador of the Kingdom of the Netherlands to Hungary, Désirée Bonis, said at the opening of […]

HBLF Diversity Award Applications Expected

D&T
Sep 18, 2024

Twenty years ago, the European Union launched the European Diversity Charter, an initiative to promote an inclusive, diverse and fair workplace culture. In Hungary, the Hungarian Business Leaders Forum (HBLF) is the exclusive representative of the Charter. HBLF is now re-launching its Diversity Awards, open to both large companies and SMEs, the organization says in […]

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