MVM Mobiliti Ltd. has received almost HUF 1.2 billion in subsidies for the installation of electric chargers, the company told MTI on Wednesday. With the contribution of the European Network Financing Instrument (CEF), four charging poles with a capacity of 150 kilowatts each will be built at 20 sites on sections of the Trans-European Transport […]
A conference on the challenges, trends and current changes facing the automotive industry and trade in Hungary was held in Budapest, with the participation of top executives from the Hungarian automotive industry and automotive trade, with the title 'Are we running into the wall or can we still swerve the steering wheel?' The Budapest Automotive […]
The electricity company E.ON Hungária is installing more than 165,000 new smart meters in its service area. The HUF 10.1 billion investment is being carried out under the EU's Recovery and Resilience Instrument (RRF) program, with the Hungarian government providing upfront funding. State Secretary in charge of the project, Attila Steiner stressed that the government […]
In order to protect birds, E.ON Hungária has laid underground cables to protect the overhead power lines at the Pusztazámor landfill site, the electricity company told MTI on Wednesday. The area around the landfill in Pest County is a habitat for many bird species, but the investment is also in the interest of the settlements […]
The egg park in the center of the Western Hungarian town just north of Lake Balaton has been decorated again this year, with a two-meter-high egg even bigger than last year's, advertising the town's attractions. In addition to decorating the park's tree with weatherproof eggs, enthusiastic members of the Women's Club also set up an […]
The inauguration ceremony of four new ships (two catamarans and two ferries) of Balaton Navigation Ltd (Bahart) was held in Siófok. The development, the first of such in 40 years, could give a new boost to tourism on Lake Balaton. Bahart CEO Gábor Veigl said that the new vessels meet the highest environmental standards, are […]
The foundation stone of the new factory of the German automotive and arms manufacturer Rheinmetall was laid in Szeged, SE Hungary this Tuesday. At the event, Christoph Müller, head of the Rheinmetall Power Systems division, said the Szeged plant will be the group's first hybrid site, where civil business and defence technology activities will be […]
More than 150 Hungarian wine and sparkling wine brands will participate with a total of 700 items at the Winelovers Grand 2024 launch tasting, where around 100 wines from international wineries will be available for tasting on April 6 at the Corinthia Hotel Budapest. This year's Winelovers Grand will again offer a broad insight into […]
The digitalization of Hungarians using bank cards has continued to grow, especially in mobile payments and online shopping, but travel and spending abroad have also returned to pre-pandemic levels, according to the results of Mastercard's Bank Card Usage Habits and Attitudes survey published on Thursday. With a 97% bank card penetration rate in Hungary, the […]
On Easter Sunday and Monday, March 31 and April 1, the Open-Air Ethnographic Museum (Skanzen) brings the old village Easter celebrations to life with sprinkling, eggs and a spring festival. Tales, concerts and handicrafts await visitors in the Skanzen. Traditions linked to Christian culture and spring folk customs will be on display. Participants can get […]
The first green bond issue by the Hungarian Development Bank (MFB) was met with keen interest: the auction on the Budapest Stock Exchange raised almost HUF 11 billion in funds, which will help finance green investment by businesses, the bank told MTI on Monday. They said that MFB raised a total of HUF 10.8 billion […]
Budapest has won the European Commission's award for the programs and developments implemented in the framework of last year's European Mobility Week, the Mayor's Office of the Municipality of the City of Budapest announced on Friday. The annual Mobility Week, organized by the European Commission, aims to promote sustainable transport and make it more accessible. […]
The pharmaceutical company Sanofi launched its international program "Cancer & Work: Acting Together" in February. It provides support to employees affected by cancer. The company says in a statement that it is providing social, mental and financial support, with up to twelve months of supplementary pay through a health fund, regardless of job title or […]
The supermarket chain Spar is to complain to the European Union about a special tax in Hungary, a Financial Times (FT) report is quoted by the Hungarian financial portal portfolio.hu. Spar has accused the Hungarian government of breaking EU law and called on Brussels to intervene to mitigate the "devastating" effects on its operations. The […]
The Budapest Stock Exchange (BÉT), the Hungarian Business Leaders Forum (HBLF) and the Institute of Directors (IoD) have signed the Memorandum of Understanding (MoU), with which they support diversity in the decision-making bodies of domestic companies. Several organizations expressed their support for the initiative and joined as signatories: the British Chamber of Commerce in Hungary, […]
