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Suez Water Technologies and Solutions Hungary Ltd. CEO Yuvbir Singh

Water Purification Factory Expanded in Oroszlány

D&T
Dec 10, 2019

French company Suez is expanding its water purification membrane factory in Oroszlány, west of Budapest with an investment of HUF 9.6 billion, creating 85 new jobs. As the Hungarian Minister of Foreign Affairs and Trade, Péter Szijjártó stressed at the announcement of the investment in Budapest, the products of the Oroszlány plant are already used […]

3,4% - the latest Hungarian Inflation Figure

D&T
Dec 10, 2019

Consumer prices were 3.4% higher on average in November 2019 than a year earlier. Significant price rises were measured over the past year for alcoholic beverages and tobacco as well as food, the country's Central Statistical Office reports. Food prices went up by 5.5% (including a 14.8% rise for pork prices), the price of other […]

Hungarian historian Mária Ormos

Renowned Hungarian Historian Passes Away

D&T
Dec 9, 2019

Széchenyi Prize-winning historian Mária Ormos passed away on December 8, in the 90th year of her life, the Hungarian Academy of Sciences has announced. A regular member of the Hungarian Academy of Sciences, a professor emerita of the Department of Modern History at the Faculty of Humanities of the University of Pécs, she was a […]

Sandrine de Saint Sauveur

Watching the River of Life

Sándor Laczkó
Dec 9, 2019

APG Network is the world’s leading platform for airline services. With over 100 offices covering more than 170 countries, APG is the world's largest general sales agent (GSA) network, partnering with over 200 airlines to help them optimize revenue flows. APG Network is the global ‘go to’ service provider for air carriers and it offers […]

Magyar Telekom headquarters in Budapest

Magyar Telekom Revises Management Structure

D&T
Dec 7, 2019

Magyar Telekom, the leading Hungarian telecommunications service provider has announced that the its Board of Directors resolved to streamline its management structure by re-allocating the tasks and responsibilities of the Management Committee to the Chief Officers and to the Board of Directors of the Company with effect from January 1, 2020. Additionally, the Board of […]

Bali

Hungarians' Favorite Travel Destinations

D&T
Dec 7, 2019

The Hungarian air ticket portal repjegy.hu conducted a survey among the Hungarian public this fall, as to what destinations Hungarians would prefer to travel to. This is the fourth time this survey has asked tens of thousands of internet users: “If you could travel anywhere in the world, what place would you choose? Based on […]

4G Networks Dominant at Hungarian Service Providers

D&T
Dec 6, 2019

The importance of 4G networks continued to grow in the second quarter of 2019 with over 95% of mobile Internet traffic and 17% of domestic call traffic already on 4G , showing an increase of 1.4 percentage points and 5 percentage points, respectively, compared to the end of 2018, says the latest mobile market report […]

Industrial Production Figures Up in Hungary

D&T
Dec 6, 2019

In October 2019, the volume of industrial output grew by 6.1% year-on-year. Based on working-day adjusted data production rose by 6.4%, according to figures published this Friday by the Hungarian Statistical Office. The report says the majority of manufacturing subsections contributed to the increase. The rate of growth significantly slackened in the largest weight representing […]

Governor of the Bank of Korea, Juyeol Lee, and MNB President György Matolcsy

Korean Delegation Visits Central Bank

D&T
Dec 5, 2019

On the occasion of the 30th anniversary of the establishment of diplomatic relations between the Republic of Korea and Hungary, Hungarian central bank (MNB) President György Matolcsy has received a delegation headed by his South Korean counterpart. A joint discussion was conducted about cooperation between the two institutions. No visit has been paid by representatives […]

Magyar Telekom Reaches Agreement with Trade Unions

D&T
Dec 5, 2019

Magyar Telekom, the leading Hungarian telecommunications service provider, has announced that it has reached an agreement with the trade unions on a headcount reduction and wage increases at the company in 2020. The company agreed with the trade unions on the termination of the employment relationship of some 450 employees, with the majority of the […]

Audi starts mild-hybrid production in Győr

Audi Starts Mild-Hybrid Car Production in Győr

D&T
Dec 5, 2019

Audi Hungaria has begun the serial production of the Q3 and Q3 Sportback models with Mild Hybrid Electric Vehicles (MHEV) powertrain in Győr, NW Hungary. Both models feature a 1.5-liter TFSI engine, also made in Győr, in collaboration with a 48-volt on-board system and a Riemen-Starter-Generator (RSG). The production line had been prepared for the […]

Messer gas production facilities at the site of MOL Petrochemicals

Messer Builds Plant for MOL in Hungary

D&T
Dec 4, 2019

Messer Hungarogáz Ltd., member of the Germany-based supplier of industrial gases Messer Group GmbH has signed a contract for the construction of a new on-site facility with MOL Petrochemicals, a member of Hungary's MOL Group. A statement by the Messer Group says that the plant will supply nitrogen and instrument air for a new polyol […]

Rába Holding Utilizes Immovable Property

D&T
Dec 4, 2019

Following preliminary negotiations Rába Automotive Holding Plc. received an offer from one of Europe’s leading multinational trading companies to buy a part of its immovable property in downtown Győr. The part of the area known as Városrét, dedicated for commercial use, is going to be utilized as a result of years of preparatory work and […]

János Horváth

Former Hungarian MP Remembered in Parliament

D&T
Dec 3, 2019

Members of Hungarian Parliament have held a minute of silence to remember former MP János Horváth who died in Budapest last week in his 99th year of age. János Horváth was a member of the National Assembly between 1945 and 1947, and from 1998 to 2014. From 2003 to 2014, he was the oldest Speaker […]

Industrial Producer Prices Up by 1.5%

D&T
Dec 3, 2019

Industrial producer prices as a whole were 1.5% higher in October 2019 than in the same period of the previous year, Hungary’s Central Statistical Office reports this Tuesday. The development of prices was influenced by changes in world market prices of raw and base materials and by wage growth. Domestic output prices increased by 1.7% […]

Claire Szabó, the new President of the New Zealand Labour Party

Hungarian Citizen Heads New Zealand Governing Party

D&T
Dec 2, 2019

41-year-old Claire Szabó, of dual New Zealand-Hungarian nationality, was elected President of the ruling Social Democratic (Labor) Party in New Zealand this past week-end. As index.hu reports, Szabó's father fled Hungary at the age of 17 in 1956 and began a new life in New Zealand, where he worked as an engineer. Claire Szabó was […]

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