On June 10, the Hungarian Interchurch Aid (HIA) invited everyone to a picnic and a demonstration of local hop production in Kastélyosdombó, in the castle park of the Erdődy Castle, which is also the seat of the regional headquarters of the Hungarian Interchurch Aid. The event, called ‘Hops Tour in Kastélyosdombó’, was supported by HEINEKEN […]
Masterplast Plc. and Market Építő Plc. have announced on the website of the Budapest Stock Exchange (BSE) on Friday that they have established a joint venture to develop and manufacture new building materials for Master Plaster and Master Builder Construction. The two companies had a strategic cooperation agreement on the establishment of Budapest-based MIP Alapanyaggyártó […]
The first phase of Skanska's H₂Offices has set an impressive environmental benchmark, earning a Platinum Leadership in Energy and Environmental Design (LEED) Core and Shell version 4 certification with 84 points, which is currently the highest score in Hungary. A statement by Skanska points out that this achievement sets a new standard in sustainable office […]
Budget airline Wizz Air expects heavy passenger traffic and higher fares this summer. The airliner is also expecting higher revenues in the 2023-2024 financial year, after posting a loss of EUR 535 million last year, according to the company's annual report. The business news website napi.hu reports that Wizz Air's net profit for the 2023-2024 […]
DENSO Gyártó Magyarország Ltd., the Hungarian subsidiary of DENSO Japan, which has been operating in the city for 25 years, has donated a four-seasonal themed garden to the city. The newly inaugurated Japanese garden is located on the island of Csónakázó Lake in Székesfehérvár. The company, founded in 1997, wanted to create a lasting memorial […]
Consumer prices were 21.5% higher on average in May 2023 than a year earlier, MTI has quoted official figures published by the Central Statistical Office (KSH). In one month, consumer prices decreased by 0.4% on average. The highest price rises were measured for electricity, gas and other fuels as well as food over the last […]
The Veszprém site of Continental Automotive Hungary Ltd., which is celebrating its 30th anniversary this year, has reached the one billion sensor production mark, the company told MTI. The Hungarian subsidiary of the German automotive group said in a statement that thanks to the developments of the past decades, the Veszprém site, which is already […]
Kim Jin Phyo, Speaker of the National Assembly of the Republic of Korea and László Kövér, Speaker of the Hungarian National Assembly lay a wreath at the Mermaid shipwreck memorial at the Pest end of the Margaret Bridge, paying tribute to the South Korean and Hungarian victims of the tragedy. On May 29, 2019, the […]
DMG Mori Heitec Digital Kft. implements an ambitious R&D project worth over EUR 11.8 million that aims to develop a software platform thanks to which the entire production life cycle of machine tools is placed in the cloud. Over 20% of the investment costs are covered by Hungarian taxpayers according to a Hungarian government decision. […]
The seasonally adjusted Purchasing Managers' Index (PMI) for May was 57.1 points, down from 61.9 points in April. Respondents reported a slowdown in expansion following the previous month's strong growth, the Hungarian Logistics, Purchasing and Stockholding Association (MLBKT) said on Thursday. The newly measured seasonally adjusted BMI index value is the third highest for the […]
More than 20 Hungarian soldiers were reported to be injured when Hungarian Defense Forces troops, serving in the NATO peacekeeping force, carried out a crowd dispersal operation in the Kosovo town of Zvečan on Monday. According to a social media post by the Hungarian minister of defense, Kristóf Szalay-Bobrovniczky, more than 20 Hungarian soldiers were […]
The flow of refugees from invasion-torn Ukraine continues. On Sunday, 4,017 people entered Hungary at the Ukrainian-Hungarian border, while 6,402 of those entering at the Romanian-Hungarian border said they had come from Ukraine, the National Police Headquarters (ORFK) said. As MTI reported Monday morning, of those who entered, police issued 58 people with temporary residence […]
The Gyula Pálinka Festival, which attracts tens of thousands of visitors every year and features 19 Hungarian commercial distilleries, will be held between May 26 and 28 this year in the southeastern Hungarian town of Gyula. According to Imre Bora, the head of the company organizing the event, the festival has become a cross-border event, […]
The ÉLETJEL Fire & Rescue Team has received a donation of HUF 1 million from Provident Financial Ltd. The check symbolizing the support was handed over by the company's Guardian Angels at a festive event combined with a round table discussion. The event was attended by one of the association's search dogs, Smile the dachshund […]
15% of companies already use artificial intelligence solutions, and one in five is planning to introduce such software to increase efficiency, according to a survey of 197 companies published by profession.hu on Tuesday. 62% of respondents said they had never used an AI-based solution, while a quarter did not know if they had used one. […]
