The Hungarian-Chinese Investors Roundtable (MKBKA) was established at the end of October with the participation of key business players and business interest groups in order to ensure the efficient and successful implementation of Hungarian and Chinese cooperation, the body told MTI on Thursday. The Hungarian-Chinese Investors Roundtable is an independent group of experts that helps […]
MOL Plc. has notified the capital markets on the website of the Budapest Stock Exchange that third Vecsés oil well (just outside Budapest), adds another 600 barrels of oil a day to MOL's Hungarian production. In the Vecsés oil field, discovered two years ago, there are three wells already operating. They produce about 4,000 barrels […]
The Casa del Caffé Vergnano, a Coca-Cola-owned company, has become a catering partner of the Félegyházi Family Bakery, which can now develop its services with a premium coffee brand, the Italian coffee company has told MTI. Based on the long-term cooperation, Coca-Cola HBC Hungary will support the bakery with modern equipment, expert advice, professional training […]
The Real Estate Developers Round Table (IFK), an association of the largest Hungarian real estate developers, has called attention to the over-design of Hungarian "A" and "B" class office buildings, their oversized energy capacities and the resulting higher operating costs and carbon emissions. Together with the ABUD Engineering Office, the interest grouping has formulated professional […]
Krisztina Bogdán has been appointed the new CEO of ING Bank from November 4, 2024, taking over the post from Gyula Réthy, the bank's interim CFO since July 1, after Tibor Bodor, CEO, left the bank at the end of June, the company told MTI on Monday. With more than 25 years of experience in […]
At the World Expo 2025, which will be held between April 13 and October 13, 2025 with the participation of 161 countries and 9 international organizations, the Hungarian pavilion will mainly be responsible for the development of the country's image and the presentation of Hungarian gastronomy. The Expo 2025 Hungary Nonprofit Ltd. sent a statement […]
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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
