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August 2016

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Investments down in Hungary | source: Central Statistical Office

Less EU funds, less investments in Hungary

D&T
Aug 31, 2016

The volume of investments in the Hungarian economy was 20.3% lower in the second quarter of 2016 than in the same period of 2015, the Central Statistical Office (KSH) reported on Wednesday. Compared to the previous quarter investments were down 0.8%.

György Budaházy at the trial | Balázs Mohai / MTI

Hungarian extremist sentenced to 13 years in prison

D&T
Aug 30, 2016

A Budapest court has sentenced in a non-binding ruling extremist György Budaházy to 13 years in prison for carrying out terrorist activity almost a decade ago. He and six of his accompliceswere placed under house arrest Tuesday afternoon.

PM Viktor Orbán in the studio of state channel Radio Kossuth | Szilárd Koszticsák / MTI

PM Orbán to erect new border fence

D&T
Aug 26, 2016

Hungary’s fence on its border with Serbia will be reinforced with the instalment of a second barrier, Prime Minister Viktor Orbán told state radio on Friday. The new fence will be built using the latest technology, the Hungarian news agency MTI reports.

Paintings in Budapest's Rockmúzeum | Balázs Mohai / MTI

Musician paintings at the Rockmuseum

D&T
Aug 25, 2016

An exhibition of paitings and drawings by Hungarian musicians has opened in the Rockmúzeum in Budapest. The creators of these pieces of art are rock musicians who decided to try and express their talent in other forms or art.

Visualization of the DHL Express base (with yellow) at Budapest Airport | Budapest Airport

Budapest Airport to build new DHL Express base

D&T
Aug 24, 2016

Budapest Airport and DHL Express have signed a strategic agreement about the development of a new facility for the Deutsche Post DHL Group company in Hungary. This is the second large-scale investment by Budapest Airport and DP DHL.

The Hungarian State Opera House in Budapest | source: opera.hu

Budapest Opera House to be renovated

D&T
Aug 23, 2016

The building of the Hungarian State Opera will be renovated over the two years for approximately HUF 23 billion (that is, currently about EUR 74 million), the public gazette Magyar Közlöny is quoted by the financial website portfolio.hu.

Some of the Hungarian 'golden girls'

Hungary 12th on Olympic medal table

D&T
Aug 22, 2016

Hungarian athletes won eight gold, three silver and four bronze medals at the 31st Summer Olympic Games in Rio de Janeiro, Brazil this August. This tally of medals puts Hungary on 12th place on the medal table of nations.

Gabriella Szabó

Hungarians paddle to 8th gold in Rio

D&T
Aug 20, 2016

Hungary has defended the women's kayak-four 500-meter title at the Rio Olympics, bringing the country's gold medal tally at the 2016 Games to eight. Gabriella Szabó, Danuta Kozák, Tamara Csipes and Krisztina Fazekas-Zur defeated Germany to win the race.

| Shutterstock.com

Hungarians send home less money

D&T
Aug 19, 2016

Hungarians working in foreign countries permanently or temporarily sent home less money last year than in the previous year, the business daily Világgazdaság said on Friday citing World Bank figures. The total transfer was 450 million dollars less than in 2014.

Danuta Kozák

Danuta Kozák wins 7th Hungarian gold in Rio

D&T
Aug 18, 2016

Hungary's Danuta Kozák defended her London Olympic title in the women's single kayak 500-meter event at the 31st Summer Olympic Games in Rio de Janeiro, winning the 7th gold for her country at this Olympics and the 500th Hungarian medal in Olympic history.

Global Innovation Index 2016 | globalinnovationindex.org

Hungary moves up in Global Innovation Index

D&T
Aug 17, 2016

Hungary ranks 33rd in the Global Innovation Index (GII) 2016, having advanced two places compared to the 2015 GII, a report by the World Intellectual Property Organisation, a specialised agency of the United Nations, showed on Wednesday.

Hungary's Gabriella Szabó (on the left) and Danuta Kozák with the gold medal they wone in the women's kayak double 500-meter event | Tamás Kovács / MTI

Gold No. 6 for Hungary in Rio

D&T
Aug 16, 2016

Gabriella Szabó and Danuta Kozák took the Olympic championship title in the women's kayak double (K2) event in the Rodrigo de Freitas Laguna in Rio de Janeiro this Tuesday. This is the 6th gold medal at the Rio Olympics for Hungary.

An electronic car charging station in Budapest's 3rd district | Dávid Harangozó

More charging stations for electric vehicles

D&T
Aug 15, 2016

Hungary is changing into higher gear in the field of electromobility as the Ministry for National Economy (NGM) announces a tender offering HUF 1.25 billion of non-refundable grants for establishing charging stations for electric vehicles in the country.

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