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Articles by Date

May 2020

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BKIK Calls for EU Support for Budapest Firms

D&T
May 8, 2020

Based on the feedback from the Budapest companies, Elek Nagy, the President of the Budapest Chamber of Commerce and Industry, sent a letter asking the government to make the GINOP - 1.2.8-20 EU fund application currently under social negotiation available to Budapest companies within the framework of the Competitive Central Hungary Operational Program (VEKOP). The […]

Rising Profits and Sales at Richter Gedeon Plc.

D&T
May 8, 2020

Sales and profit grew well above analysts' expectations in the first quarter of this year for the Hungarian pharmaceutical company Richter Gedeon Plc. The firm achieved a consolidated after tax profit of HUF 29.1 billion, which is 34.6% higher than in the same period of the previous year, and its sales revenue increased by 16.3% […]

Pandemic Update: 392 Deaths in Hungary

D&T
May 8, 2020

During this Friday's Operational Group press conference, Chief Medical Officer Cecília Müller reported a steady increase in the number of people recovered. She said that more tests are being carried out and nearly 100,000 samples have so far been taken. The confirmed number of people currently infected with the coronavirus in Hungary is 1,921 (1,199 […]

Hungarian physicist János Frigyes Nemes (in the middle)

Prestigious Award for Hungarian Researcher

D&T
May 7, 2020

Hungarian physicist János Frigyes Nemes has won the CMS Experiment Award of the European Organization for Nuclear Research (CERN), the CMS Success Award. CMS is one of the major international experiments of the Geneva-based CERN, the accelerator of the LHC of the European Organization for Nuclear Research. The award was established by the CMS Experiment […]

Budapest Airport celebrates 70th anniversary

Budapest Airport: 240 million passengers in 70 years

D&T
May 7, 2020

The international airport of Budapest, Ferenc Liszt International Airport, the aerial gateway to Hungary was inaugurated 70 years ago, on May 7, 1950. Over the past seven decades, hundreds of millions of passengers and millions of aircraft have used the runways and the terminal buildings of the airport. Seven decades, more than 240 million passengers, […]

The Danube Bend at Zebegény, N Hungary

Pandemic: Hungarian Tourism Collapses

D&T
May 7, 2020

As a result of the coronavirus epidemic, in March 2020, the number of nights spent by international tourists in Hungary fell by 68% and that of nights spent by domestic tourists by 61% compared to the same period of the previous year in commercial accommodation establishments (hotels, boarding houses, camping sites, bungalow complexes and community […]

Qatar Airways Announces Phased Rebuilding of Network

D&T
May 6, 2020

Qatar Airways has announced that it will begin a phased approach to expanding its network in line with passenger demand evolution and the expected relaxation of entry restrictions around the world. It is going to operate again from June 2020 between Budapest and Doha three times a week. A press release by Qatar Airways says […]

BMW Postpones Hungary Plant Construction

D&T
May 6, 2020

"In light of the current situation, we will be delaying a number of projects, like the plant in Hungary. Other projects will be carefully reconsidered. Now, more than ever, our investments need to be targeted and based on sound judgement," Nicolas Peter, Member of the Board of Management of BMW AG has announced. A press […]

Yaris Kabin to Establish Factory in Hungary

D&T
May 6, 2020

Turkish firm Yaris Kabin is going to establish its first production unit abroad in Hungary. By this investment worth EUR 20.3 million, the company will manufacture tractor and agricultural machinery cabins in Iváncsa, south of Budapest. According to the Hungarian Investment Promotion Agency (HIPA), 150 jobs will be created in the four halls and the […]

Hungarian Football Season to Start in Late May

D&T
May 5, 2020

The men's First Division (NB I) and the Hungarian Cup series will be completed, the women's NB I will be shortened, the final results are announced in the other divisions now. The Hungarian football season will continue on May 23, the Hungarian Football Federation has announced but only the first division championship and the men’s […]

LEGO Group to Help Pandemia Affected Families

D&T
May 5, 2020

90% of students are unable to attend school worldwide and millions of families face financial, work or health difficulties. The global consequences of the coronavirus epidemic have an unprecedented impact on children’s well-being and education. The LEGO Group has been inspired by the work of thousands of great charities, non-profit and non-governmental organizations (NGOs) working […]

In-time manufacturing

COVID-19 Crisis Could Benefit European Property Markets

D&T
May 5, 2020

The coronavirus pandemic has highlighted that although, supply chains had reached extremely high and efficient levels of quality, throughput and to some extent cost, there is very little room for error, a new report by Colliers International says. Many manufacturers and businesses have had to close their doors to protect the spread of the virus, […]

Modified Rules of Entry to Hungary

D&T
May 4, 2020

A bulletin by Budapest Airport reminds travelers that pursuant to a government decree published on April 30, the rules of entry to Hungary have changed. Hungarian citizens arriving home from the Czech Republic, Poland, Germany, Austria, Slovakia and South Korea are not obliged to enter home quarantine. The pre-condition for this is that the Hungarian […]

Inspection in a Békés County elderly home

Hungary: Official Number of Pandemic Deaths Exceeds 350

D&T
May 4, 2020

As of today, the presentation of data on the official government information page provides numbers for Budapest and Pest County as well as for the rest of the country separately. The confirmed number of people infected with the coronavirus now stands at 2,054 (1,290 in Budapest and Pest County + 764 in the rest of […]

Matriculation exam at the Antal Szerb Grammar School in Budapest

Matriculation Exams Under Way in Hungary

D&T
May 4, 2020

Despite the peak of the Covid-19 pandemic forecast by the government for early this week, matriculation exams are held all over Hungary with police presence to keep order in the classrooms. According to the Hungarian news agency MTI, 70,577 students began the Hungarian language and literature matriculation exams at the end of their secondary school […]

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