The German do-it-yourself machine manufacturer Einhell, which has until now only carried out commercial activities in Hungary, is building a factory in the country, the Hungarian Investment Promotion Agency (HIPA) reports. The opening of a new facility employing 80 people marks a new chapter for Einhell, the German producer of battery-powered DIY and garden tools. […]

The new investment of about HUF 21 billion by BC GEN Hungary Ltd., an automotive supplier company with a South Korean ownership, will create four hundred new jobs in Salgótarján, Minister of Foreign Affairs and Trade Péter Szijjártó announced in Budapest. The development is supported by HUF 3.75 billion in Hungarian state subsidy. According to […]

Daniella Electricity further strengthens its market leader role in the region of Pécs by acquiring Elektro UNO's electrical products trading business unit. The transaction took place in June 2024, as a result of which the electrical products trading business unit of the long-established Elektro UNO, with 6 sites, will continue to operate under the Daniella […]

MVM Mobiliti handed over its first charging station with a total capacity of 600 kilowatts in Törökbálint, just west of Budapest. The station was implemented with support from the European Union. The development was implemented in the MVM Ultra project, with funds supported by CINEA (European Climate Policy, Environmental Protection and Infrastructure Executive Agency) of […]

Debrecen International Airport closed on Thursday evening due to technical reasons foreseeably for one week, and Budapest Airport takes over the handling of flights and passengers from Debrecen. Passengers who would have departed from Debrecen will be informed by their airline whether their flight will be diverted or canceled. For Budapest Airport, the diversions are […]

The foreign minister welcomed the Chinese leadership’s support for the further enhancement of cooperation. Péter Szijjártó, Minister of Foreign Affairs and Trade, said Hungary’s economic, trade and investment cooperation with China will provide a “solid foundation” for the country’s economic growth in the coming years. Speaking in Beijing, the minister welcomed the Chinese leadership’s support […]

IP WEST office building has become the first existing building in Hungary to achieve WELL certification, following a comprehensive renovation. Unique for obtaining the WELL Core certification under version 2 of the WELL Building Standard, which focuses on property services and common areas, IP WEST has earned a Gold level rating, as reported by Colliers' […]

Thanks to its developing relations with the Far East, Hungary plays a prominent role in the relations between China and the EU, according to the Minister of National Economy. Speaking at the EU-China tourism summit in Budapest on Wednesday evening, minister Márton Nagy was of the view that that during his EU presidency, which began […]

More than 130 individuals participated in the financial awareness and self-sufficiency training program organized by Provident Financial Ltd. and the Hungarian Interchurch Aid. This initiative marks the first year of a partnership aimed at enhancing the financial literacy of disadvantaged groups and promoting self-sufficiency among affected families. Building on the success of the past year, […]

Hungary will hold the rotating presidency of the Council of the European Union for the second time in its history, from July 1 to December 31, 2024. During this special period, an increased number of delegations will be visiting Hungary, primarily via Ferenc Liszt International Airport. The entire airport community has been preparing in a […]

In 2024, more than a hundred companies have joined in to give fathers the opportunity to bring their children to work on the occasion of the now traditional 'Shoulder to Shoulder with Dad Day', launched six years ago by the Men's Club Independent Social Organisation. This year, Provident Financial Ltd. also joined the program and […]

The LGBTQ community and their supporters marched in the Hungarian capital on Saturday as part of the Budapest Pride series of events, MTI reports. The procession, waving rainbow flags, set off from near the downtown area, was going along Andrássy Avenue to Heroes' Square and to the adjacent stage in front of Vajdahunyad Castle in […]

Hungarian companies that have actively promoted gender equality and implemented targeted measures to ensure that diversity, equity and inclusion are mainstreamed in their organizations and have demonstrated this in their applications, supported by objective data, have been recognized in a unique way. The Hungarian Business Leaders Forum (HBLF) has highlighted more than ten domestic companies […]

The new headquarters of Richter Plc. in Kőbánya, the 10th district of the Hungarian capital was inaugurated on Thursday. The 17,400-square-meter building, which provides space for 450 employees, was completed with an investment of HUF 20 billion, financed by the pharmaceutical company from its own resources. Speaking at the opening ceremony, Energy Minister Csaba Lantos […]

Prime Minister Viktor Orbán held talks with Toshihiro Suzuki, Chairman and CEO of the Japanese Suzuki Motor Corporation in his office in the Buda Castle this Monday, the Prime Minister's Office told MTI. During the meeting, the parties reviewed the situation of the European and Hungarian automotive industries and the challenges of the technical transition. […]