Experts say there is clear evidence that there is still demand for energy-efficient, modern buildings. The keyword is traceable energy use, says the financial portal portfolio.hu. The BRF (Budapest Real Estate Consultants Forum) has published its office market summary for the third quarter of 2023, which shows that the total modern office stock in Budapest […]
Korean-owned Hankook Tire invests nearly EUR 540 million to extend its plant in Rácalmás, located in Fejér County, the Hungarian Invesment Promotion Agency reports. According to MTI, the government is providing taxpayers' money for the project, the amount of which will be disclosed only after the European Commission's approval. Currently operating in over 160 countries, […]
The commissioning of around one hundred new autonomous cleaning robots developed in-house has begun as a result of the work of B+N Reference Plc.'s team of Hungarian engineers. Members of the previous series have been proving their worth for years at Budapest's Liszt Ferenc International Airport, in the capital's metro stations, among others, and are […]
In the run-up to the festive shopping season, Mastercard has launched a Green Friday campaign with its partners to raise awareness of conscious spending and environmentally conscious shopping. According to a statement sent by Mastercard to MTI on Monday, Magyar Cetelem Bank, Gránit Bank, OTP Bank, Magnet Bank, MBH Bank and Raiffeisen Bank joined the […]
The Hungarian oil and gas company Mol is supporting the sustainable operation of the Csepel Center of the Hungarian Interchurch Aid (HIA) with a HUF 20 million solar park, the aid organization said at a press conference in Budapest on Tuesday. At the announcement, it was also emphasized that the relief organization aims to cover […]
The Budapest Stock Exchange (BSE) share index, the BUX, rose by 192.31 points, or 0.34%, to 57,529.95 points compared with the close of last week, MTI reported Sunday morning along with a brief analysis of the week. Total turnover rose from HUF 29.234 billion to HUF 34.774 billion. Three of the BSE's four leading stocks […]
The winner of the third edition of the Atlas Award is Giacomo Pedranzini, who showcases exemplary commitment to Ethics, Sustainability and Creativity, which are the core values behind the Atlas Award and the Atlas World community, the organizers say in a statement. He was already a member of the Atlas World community and he was […]
A HUF 62 billion tender for the construction of industrial electricity storage facilities will be launched from January, with non-refundable subsidies and revenue compensation, Gábor Czepek, the Minister of State for Public Administration of the Ministry of Energy (EM) announced on Thursday at the Energy Forum series in Komárom, NW of Budapest. He said the […]
Investors have returned to the capital's real estate market, with investment buyers accounting for 41% of transactions in September after the second quarter low, the property agency Duna House reported on Wednesday, according to MTI. The most popular locations were Erzsébetváros (District 7), Józsefváros (District 9), Angyalföld (District 13) and Terézváros (District 6). According to […]
The Hungarian Forbes magazine has again compiled this year a list of the 100 most valuable Hungarian-owned companies, with MPF Holding, Docler Holding and Bonafarm Group ranked in the top three. MPF Holding, which is mainly known for its machine parts, industrial components, grinding tools and cooling and heating equipment, was valued at HUF 408.3 […]
World Heritage Sites in Hungary have been added to the Google Arts & Culture platform, where users can discover new places, attractions and works of art, as well as learn more about the world's most important historical events, Google's press office told MTI. They recalled that the Google Arts & Culture initiative was launched to […]
At the gala evening in the US capital, the Hungarian Nobel laureate was joined by fellow researcher Drew Weismann in receiving one of the most prestigious awards of the US innovation and patent profession, the Hall of Fame. In addition to them, some 10 other scientists and inventors have been recognized. The US-based Hungarian biochemist, […]
BÁV Plc. (a major player in Hungarian pawnbroking and art trade) celebrates its 250th birthday with an anniversary exhibition entitled ‘250 Years of BÁV’ at the BÁV Art Auction House and Gallery in Budapest. The unusual exhibition is on display until November 12. The exhibition features 250 exceptional works of art, paintings, jewelry and furniture, […]
The National Bank of Hungary (MNB) pledged nearly EUR 14 million to the IMF’s Poverty Reduction and Growth Trust (PRGT) through a targeted investment instrument. The pledge has officially been announced by Barnabás Virág, Deputy Governor of the MNB on the margins of the Annual Meetings of the World Bank Group (WBG) and the International […]
Coca-Cola HBC Hungary is joining the Hungarian Agricultural and Life Sciences University (MATE) to develop coffee grounds collection solutions to recycle the valuable waste generated by its catering partners, the company told MTI on Wednesday. Ideas are invited from the 27 student teams that applied to the Zaccmentő ['coffee grounds rescue'] competition, which closed on […]
