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Hungarians Released from Quarantine

D&T
Feb 17, 2020

Hungarians held in quarantine at the South Pest Central Hospital for two weeks were not showing any symptoms, and the infection with the Covid-19 coronavirus has not been confirmed, so they were able to go home. The announcement was made by the Hungarian State Secretary for Health, Ildikó Horváth in a television interview this Monday. […]

National Bank Joins Responsible Banking Initiative

D&T
Feb 14, 2020

In line with its Financial Stability Council’s decision, the National Bank of Hungary (Magyar Nemzeti Bank, MNB), as a supporting party, will endorse the UN’s Environmental Program Finance Initiative’s Principles for Responsible Banking (Principles). By endorsing the Principles, MNB seeks to encourage as many banks in Hungary as possible to become signatories of the Principles, […]

Work in Linamar's Békéscsaba factory

Linamar Starts up with Electro-mobility in Békéscsaba

D&T
Feb 13, 2020

Canadian automotive company Linamar establishes its European electro-mobility center in southeast Hungary. The partly-independently developed electric powertrains of the firm will be manufactured in Békéscsaba for premium category cars. The two units (located in Orosháza and Békéscsaba), involved in the EUR 78 million investment program, will create 250 long-term, competitive jobs in the coming years. […]

Green Court Office Reaches 65% Occupancy

D&T
Feb 12, 2020

Codic Hungary closed a very successful year in 2019 by securing an anchor tenant who will lease 11,300 m² in Green Court Office, which is due for completion in early 2022. With this transaction, Codic Hungary’s latest development will reach 65% occupancy of its office spaces only seven months into construction. The tenant, a multinational […]

Fulbright Scholarship Program to Expand

D&T
Feb 11, 2020

The funding for the Hungarian-American Fulbright scholarship program will by increasing from the current HUF 250 million (EUR 740,000) to HUF 400 million (EUR 1.2 million) by 2022. The increase is due to the fact that the Hungarian government will increase its contribution to the same level as that of the United States: from HUF […]

Hungarian Peacekeepers Leave for Kosovo

D&T
Feb 11, 2020

A send-off ceremony was held this Monday at Kossuth Square in Debrecen, eastern Hungary, for the 22nd contingent of the Hungarian Defense Forces' KFOR (Kosovo Force) Corps before they leave for the Balkan country. From March, the Hungarian soldiers will serve for six months as part of the international peacekeeping force under NATO command, with […]

Tourism Figures on the Rise

D&T
Feb 10, 2020

The number of nights spent by international tourists in Hungary increased by 13% and that of nights spent by domestic tourists decreased by 3.4% in December 2019 compared to the same period of the previous year in commercial accommodation establishments (hotels, boarding houses, camping sites, bungalows and community hostels). Latest figures by the Hungary's Central […]

Heineken Poster Exhibition

D&T
Feb 7, 2020

Any change cycle difficult? Recycling is not! “We have already done something for the planet by recycling and choosing our recyclable packaging” – this is what the extraordinary exhibition of HEINEKEN Hungária points out. The brewer's installation is free to see in front of the Budapest Aquarium Club until February 26. The purpose of the […]

iiPay to Open EMEA Hub in budapest

D&T
Feb 6, 2020

Integrated International Payroll (iiPay), the cloud-based market leader of global payroll and technological services has chosen Budapest for the location of its center serving the EMEA region. In the first step the office starting with 60 associates will take care of operative tasks in English, German, Polish, Spanish and Italian languages, but the short-term plans […]

Mercure Budapest Korona Hotel

Mercure Budapest Korona, Hotel of the Year in Hungary

D&T
Feb 5, 2020

The Association of Hungarian Travel Agencies (MUISZ) has chosen the Mercure Budapest Korona as Hotel of the Year, the Hungarian news agency MTI reports. The 30-year-old hotel will be completely renovated this year, with the two-year renovation completed in April, the company said. The Mercure Budapest Korona is owned by Orbis, Poland's leading hotel group, […]

Hungarians from Wuhan land in Budapest

Hungarians from Wuhan Land in Budapest

D&T
Feb 2, 2020

Seven Hungarians who decided to return home from the sealed coronavirus-stricken central Chinese city of Wuhan arrived in Budapest just after 8 p.m. Sunday evening. Together with many others, they landed in France on Sunday afternoon, from where they were brought to Budapest by a plane of the Hungarian Defense Forces. Then, the Hungarians were […]

Passenger health check at Budapest Airport

Passengers from China Checked at Budapest Airport

D&T
Jan 31, 2020

Based on the decision of the authorities, all passengers arriving with direct flights from China must have their body temperature checked at Budapest Airport, prior to entering the country. The checks are performed by staff from the medical service provider commissioned by Budapest Airport, under the supervision of the Airport Police Directorate. The medical checks […]

Tímea Babos

Hungarian Victory at the Australian Open

D&T
Jan 31, 2020

Hungary's Tímea Babos - in pair with France's Kristina Mladenovic - won the women's doubles title at the Australian Open tennis Grand Slam tournament in Melbourne this Friday. In the final, he No.2 seed Franco-Hungarian pair defeated top seeds Hsieh Su-Wei of Taiwan and Barbora Strycova of the Czech Republic in two straight sets, 6-2 […]

Record Results at Wizz Air

D&T
Jan 29, 2020

Wizz Air, a low-cost airline with Hungarian background, posted record-high after-tax profit of EUR 21.4 million in the third quarter that ended on December 31. According to a statement of results published on the company's website this Wednesday, Wizz Air increased its revenue by 24.6% to EUR 637 million during this period, while passenger traffic […]

The President of INA’s Management Board, Sándor Fasimon

A Guardian of Energy Security

Sándor Laczkó
Jan 28, 2020

The Croatian oil company INA is now over 55 years old. Over this period, it has greatly contributed to the country’s energy security. In the past decade, it went through further development as part of the Hungarian MOL Group and as a firm committed to sustainability and supporter of the local community. Speaking about the […]

Central Europe 2020 and Beyond

D&T
Jan 27, 2020

Reflections on the book, Central Europe Revisited, by Emil Brix and Erhard Busek will be held with an Academic Book Launch and roundtable discussion at the Hungarian Academy of Science, sponsored by the Institute of Advanced Studies Kőszeg (iASK). There are two often contradictory narratives on Central Europe these days. The first is that Central […]

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