MÁV Sees Record International Travel in 2024 with Surge in Online Ticketing Demand for international rail travel continues to rise, with MÁV-Start (Hungarian State Railways) reporting over 780,000 international travelers in the... 2024.08.16.
Self-driving Robots Support Audi Hungaria’s Production Audi Hungaria started series production of its Premium Platform Electric (PPE) drive last November. A fleet of 30 robots delivers... 2024.08.15.
Livestock Sector’s Performance is Amongst the Best in the EU Hungary's livestock farming sector have shown remarkable growth in the first half of 2024, outpacing many EU countries. Zsolt Feldman,... 2024.08.15.
MOL Invests USD 1B for a Sustainable Future In the latest episode of the MOL Talks podcast, Dávid Kapes, Head of Upstream Sustainable and New Energies, Ádám Horváth,... 2024.08.14.
KFOR’s Multinational Exercise Reinforces Kosovo’s Security A multinational military exercise titled "Bridge is Too Far" was organized by the 30th Hungarian Defense Forces KFOR at the... 2024.08.14.
Bank Rate Changes Affect Loan Terms and Property Prices for Average-Income Buyers A recent press release by money.hu reveals significant changes in bank interest rate discounts linked to income credits during the... 2024.08.13.
New Energy Storage Facility to Ensure Uninterrupted Power Supply in Soroksár Electric utility company E.ON is building a new battery energy storage facility in Soroksár (part of Budapest), which will enable... 2024.08.13.
Major Sport Events Boost Participation in Physical Activities Major international sporting events like the Olympics can significantly boost sports engagement, not just in the host country but internationally,... 2024.08.13.
Preparations Well Underway for the Hungarian Astronauts’ Mission Preparations for Axiom Space's Ax-4 mission, to be led by experienced US astronaut Peggy Whitson, have started for the Hungarian... 2024.08.13.
Significant Increase in the Amount of Biofuel Produced in the Country Rossi Biofuel Zrt., partly owned by MOL, is now capable of producing more than 200,000 tons of biofuel per year,... 2024.08.12.
Ukrainian Honey Could Once Again Be Subject to Customs Duties The volume of Ukrainian honey imports has exceeded the EU quota of more than 44,000 tons, therefore the European Commission... 2024.08.12.
Students Participate in Hungarian Satellite Development Hungary has quintupled its contributions to the European Space Agency (ESA) in the past six years, and next year it... 2024.08.12.
OTP Bank’s Profit Exceeds Expectations In the second quarter of this year, Budapest-based OTP Bank achieved a consolidated adjusted profit after tax of HUF 267.930... 2024.08.09.
July Budgetary Surplus Marks Significant Improvement in Public Finances The Government is enhancing public finances despite external challenges, showing notable progress in budget management and fiscal balance. According to... 2024.08.09.
MOL Group Reports Robust Q2 Financial Results Amid Market Pressures MOL Group reported a strong financial performance in the second quarter of the year, with adjusted EBITDA reaching USD 825M,... 2024.08.09.
Food and Service Prices Rise as Energy Costs Fall In July, consumer prices were on average 4.1 percent higher than a year earlier, as reported by the Hungarian Central... 2024.08.08.
Inflation Remains Steady in July, Economic Outlook is Positive In July 2024, the inflation was 4.1 percent annually, matching market expectations and remaining low, according to the Hungarian Central... 2024.08.08.
Hungarian Satellite Successfully Completes Its Mission The Hungarian CubeSat satellite, called VIREO (Virtual Intelligence Realization for Earth Observation), launched last April, successfully completed its mission on... 2024.08.08.
Telekom Reports Record Revenue Surge and Profit Growth for Q2 2024 Magyar Telekom reported a significant surge in revenues and profits for the second quarter of 2024. Net profit after tax... 2024.08.08.
BYD Moves to the Forefront in the Hungarian Car Market China's BYD is rapidly increasing its presence in the Hungarian new car market. After its launch in Hungary in October... 2024.08.08.
Air Passenger Compensation for Recent Long Delays Finally Begins In order to enforce the rights of passengers, the Government Office of the Capital City Budapest launched consumer protection authority... 2024.08.08.