The total modern industrial stock in Hungary was 4,729,935 sqm at the end of Q1 this year. The stock in Greater Budapest reached 3,241,150 sqm, while a further 1,488,785 sqm of industrial space is located in Regional Hungary. Due to the annual size revision, the stock grew by 5,815 sqm, additionally three previously not registered […]
On Friday, 7,207 people entered Hungary at the Ukrainian-Hungarian border, while 7,745 of those entering at the Romanian-Hungarian border said they had come from Ukraine, the National Police Headquarters (ORFK) said. As reported by MTI on Sunday morning, of those who entered, police issued 91 people with temporary residence permits valid for 30 days. They […]
In 2022, with a rental revenue of EUR 15.54 million, the Budapest office complex Graphisoft Park achieved a pro forma net result of EUR 6.02 million, which is more than EUR 400,000 higher than the forecast published last November and 24% higher than our previous year's result. The significantly better result than the forecast is […]
Hungary’s largest commercial financial institution, OTP Bank has awarded its corporate clients in three categories – innovation, social responsibility and international expansion – for their outstanding performance, the bank said in a statement sent to MTI on Wednesday. The Chairman and CEO of OTP Bank, Sándor Csányi said that the OTP Business Excellence Award aims […]
This Saturday, I Bike Budapest held a bicycle march in Budapest to stand up for the newly renovated, congestion-free, passable Chain Bridge. According to the organizers and police, around 15,000 cyclists took part in the event, which was held in sunny weather of 20 degrees Celsius. The parade started from Heroes' Square, where the Ambassador […]
To commemorate the 50th anniversary of the establishment of the first national park in Hungary, the National Bank of Hungary (MNB) issues a silver collector coin of HUF 15,000 and its non-ferrous metal version with a face value of HUF 3,000 on the occasion of Earth Day. The special rectangular commemorative coins are part of […]
Hungarian-owned Wellis Hungary Plc., a manufacturer of hydromassage tubs, outdoor pools and sanitary ware, reported a 32% increase in sales last year to more than HUF 50.8 billion compared to HUF 38.4 billion in 2021, while its profit after tax decreased to about HUF 1 billion from HUF 3.8 billion in the previous year, the […]
From Friday to Sunday, the Budapest Zoo offers a wide variety of programs for the Earth Day Earth Festival. The institution and its partners are preparing for the festival with a variety of attractions and experiences at 16 locations, and will also hold the usual animal shows, spectacular displays and experience programs of the high […]
Data recorded in the first quarter of this year shows that 10.2% less motor gasoline and 22.4% less diesel were consumed in Hungary than in the same period last year, with fuel consumption falling by an average of 18.2% compared to the first quarter of last year, the Hungarian Petroleum Association (MÁSZ) said on its […]
Last week, ten patients, mostly elderly and chronic, died (down from 17 in the previous week), bringing the total official number of deaths related to the new coronavirus infection epidemic to 48,838, the Coronavirus Press Center informed MTI on Wednesday morning, presenting last week's aggregate data. It said that 528 new infections were confirmed last […]
Starting on Monday, April 17, the six-day Wunderbar Festival will be open to audiences interested in German culture, film, science and gastronomy with around 200 events across Hungary. The Wunderbar Festival is jointly organized by the Austrian and Swiss embassies, the Goethe Institute, the Austrian Cultural Forum and the Austrian Institute, according to a statement […]
The March of the Living was held again this year in Budapest in memory of the victims of the Holocaust. Thousands of people marched in the Hungarian capital to demonstrate against all forms of exclusion and prejudice. Speakers stressed the importance of remembrance, the responsibility of contemporaries and the role of education. As the Chairman […]
Last week, 17 chronic patients, most of them elderly, died, bringing the total official number of deaths related to the new coronavirus infection to 48,828, the government’s Coronavirus Press Center told MTI, presenting last week's aggregate figures. It said 447 new infections were confirmed in the previous week, bringing the total number of identified infections […]
It will be easier and safer to report corruption in companies under new legislation based on an EU directive, the international consultancy firm Ernst&Young (EY) said in a statement sent to MTI this Thursday. It said that companies with at least 250 employees have 60 days from the publication of the legislation on April 12 […]
In March 2023, the Hungarian real estate market closed the quarter with 7,787 sales transactions, marking a 25% increase compared to February and the best month of the first quarter. Even so, the gradual increase in the number of transactions still resulted in only 19,893 sales in the quarter, the weakest first quarter performance in […]
