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Tag: profit

Sziget Boasts Over 420,000 Attendees This Year
CURRENT

Sziget Boasts Over 420,000 Attendees This Year

Tamás Kádár proudly announced that the total attendance of Sziget this year was estimated at over 420,000. He added that although it is less than last year, the company cannot complain.

Ádám Bráder
—
17.08.2023
A Week at the Island of Freedom: Sziget Festival Begins Today
CULTURE & SOCIETY

A Week at the Island of Freedom: Sziget Festival Begins Today

The Sziget Festival will last six days, until 15 August, on the Óbuda Island in Budapest. Performers from sixty-two countries will arrive at approximately forty venues, and the audience will come from over a hundred countries.

Ádám Bráder
—
10.08.2023
Sziget 2023: Foreigners Make Up 50 Per Cent of Ticket Holders
CULTURE & SOCIETY

Sziget 2023: Foreigners Make Up 50 Per Cent of Ticket Holders

Spread across 76 hectares, this year’s festival was set up in three weeks. The maximum daily capacity is 90,000 people, including both festival staff and attendees, making Sziget the country’s tenth largest city for the six days of the festival. The main stage was constructed in ten days, with a floor area of over a thousand square metres and a six hundred square metre LED wall serving as its backdrop.

Ádám Bráder
—
09.08.2023
Sziget 2023: Massive Innovations and Massive Headliners
CULTURE & SOCIETY

Sziget 2023: Massive Innovations and Massive Headliners

 ‘There are few Hungarian brands in the entertainment industry like the Sziget Festival, and we will forever be grateful to its founders for creating it. We are planning a grand celebration this year, which also signifies the beginning of a new era for us: we not only want to preserve the legacy of the past 30 years but also lay the foundation for the next 30,’ Tamás Kádár stated at a press conference in May.

Ádám Bráder
—
31.07.2023
Hungarian Magnus Aircraft Invests in Manufacturing in China
CURRENT

Hungarian Magnus Aircraft Invests in Manufacturing in China

After the completion of the investment, the Chinese–Hungarian joint venture, Jiangsu Magnus Aircraft Manufacturing, is expected to create a total of 300 jobs, with Hungarian employees playing a leading role.

Ádám Bráder
—
28.06.2023
Magyar Suzuki Reaches Over 2 Billion Euros in Sales
CURRENT

Magyar Suzuki Reaches Over 2 Billion Euros in Sales

For the seventh consecutive year, the company maintained a leading position in Hungary’s new car sales, achieving a market share of nearly 12.5 per cent with approximately 14,000 registered new cars in 2022. This means that every eighth new car in the country bore the Suzuki logo.

Ádám Bráder
—
16.06.2023

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