Life-saving diving equipment essential for underwater operations has been provided to the Életjel Rescue Team thanks to the support of Provident Pénzügyi Plc. In May, the financial service provider gave the organization a grant of HUF 1 million, which was used to purchase a piece of equipment for underwater communication and four so-called Wings, which […]
Pension funds continue to offer one of the most competitive schemes compared to other self-care offers, according to a recent summary by the National Bank of Hungary (MNB). The central bank said on Tuesday that the classical premium burden index, which retrospectively expresses the costs of voluntary pension funds, was 0.72% in 2022, up from […]
In 2023, the Atlas World Community continues to shine a spotlight on those who exemplify the ESC values, ensuring that the legacy of ethical, sustainable, and creative entrepreneurship thrives and evolves, leaving an enduring imprint on Hungary and beyond. The ITL Group and its founder, Alessandro Farina are organizing the third edition of the Atlas […]
László Sólyom, former President of the Republic, first President of the Constitutional Court, academic and university professor, has died at the age of 81, the Secretariat of the former President of the Republic told MTI on Sunday. László Sólyom passed away after a long illness "with great strength, activity and serenity," the statement said. Between […]
Online retailing achieved a gross turnover of HUF 631 billion in the first half of this year, 8.8% more than in the same period last year, according to the digital retailing survey by market research company GKID and Mastercard. The summary, says web sales grew 7.7% in the first quarter and 9.8% in the second […]
Waberer's International is to acquire a 55% stake in Serbian distributor MD International and an option to buy the remaining 45%, the company announced on the Budapest Stock Exchange (BSE) website on Friday. The purchase price of the transaction was not disclosed. According to the statement, MDI is a major player in the Serbian FMCG […]
Hungarian-born biochemist Katalin Karikó overcame numerous professional setbacks before shooting to stardom as one of the inventors of the mRNA technology used in two COVID-19 vaccines. The scientist talked to Diplomacy&Trade back in 2021 about her love for science, the outcome of the pandemic and the curing power of her invention. The name Katalin Karikó […]
German-owned Meleghy Automotive implements a EUR 22.9 million investment in Miskolc with the aim of establishing production capacities in Hungary. Some 12% of the costs are borne by Hungarian taxpayers through a government decision. The project of the premium automotive supplier is said to create 55 new jobs. Meleghy & Cie Automotive GmbH can pride […]
The Hungarian National Committee of UNESCO held a commemoration ceremony in Budapest on Tuesday to mark 75 years since Hungary joined the world organization. In his opening speech, Miklós Réthelyi, President of the Hungarian National Committee of UNESCO, asked the speakers to highlight in their remembrances the enduring values that have defined the ideas and […]
A business forum, a pastry competition, concerts, film screenings and food specialities will be held in the southern Hungarian city of Pécs between October 4 and 8 as part of the Swiss Days event series. The event will kick off with a Swiss-Hungarian business forum entitled "Circular Economy for a Sustainable Future", which will also […]
As part of the European Sports Week #BEACTIVE campaign and the 150 Years of Budapest program, the 18th edition of the NATO Run will take place this Sunday, with participants running through the most beautiful parts of Buda. According to the Budapest Athletics Association, the 10-kilometer NATO Run will start at 11 a.m. from Vérmező, […]
Almost 94 images from around the world will be on display at the World Press Photo exhibition at the Hungarian National Museum (MNM) from Friday, featuring the best and most important photojournalistic and documentary photographs of the past year, and visiting Hungary as well as 30 other prominent locations. Speaking at the opening ceremony, Désirée […]
Kevin Macdonald and Andrew Macdonald, two of the most successful brothers in British cinema today, took Hungarian citizenship on Thursday at the Hungarian Parliament. Their grandfather was Imre Pressburger. Andrew and Kevin Macdonald, the two grandsons of the Hungarian-born Oscar-winning screenwriter, film director and producer Emeric Pressburger (born Imre Pressburger), took up Hungarian citizenship alongside […]
German ceramics manufacturer Villeroy&Boch has carried out a series of investments worth EUR 14 million (more than HUF 5 billion) in Hódmezővásárhely, SE Hungary over three years. The company is expecting a shortfall in revenues this year due to the downturn in the construction industry, the director of the company's bathroom and wellness division, Georg […]
According to the report OXO Technologies Holding Plc. published for the first half of 2023 on the website of the Budapest Stock Exchange, its business results show the successful management of the investment company, increasing profitability and dynamic growth of its assets under management. The technology holding company, which has been present on the domestic […]
