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June 2020

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May 2020: 134,000 Fewer People in Employment

D&T
Jun 30, 2020

In May 2020, the average monthly number of employed people was 4 million 399 thousand, which is 134 thousand less than a year earlier. The economic consequences of the coronavirus epidemic are reflected in the employment data reported by the Central Statistical Office.Over the period of March–May 2020, the average number of employed people in […]

Hungarian Winner at the Apple Design Awards

D&T
Jun 30, 2020

This year's winners of the Apple Design Awards have been announced – among them a product from a Hungarian team, Shapr3D. Apple products and software have become famous for their exceptional user experience and design and have shaken an industry. This also gives importance to the recognition coming from its team. Every year since 1987, […]

COVID-19 & Industrial Production

D&T
Jun 30, 2020

Reduced output in March and May in the automotive sector could change the typical activity curve in 2020, with busier summer months ahead to make up for lost time. Colliers International has just launched its recent research piece ‘COVID-19 & Industrial Production – The Spring Relevance” where it discusses the importance of particular months for […]

Vodafone Hungary Extends 5G Network

D&T
Jun 29, 2020

Vodafone Hungary continues to expand its 5G network coverage this year: after the inner city of Budapest and Zalaegerszeg, the development of 5G base stations continues in larger rural towns and around Lake Balaton. With this, the number of Vodafone 5G base stations will increase close to 300 nationwide. Thanks to that, hundreds of thousands […]

Daikin Hungary Opens New Showroom

D&T
Jun 29, 2020

Daikin Hungary, a subsidiary of the Japanese multinational air conditioning manufacturing company Daikin Industries, set up its state-of-the-art showroom in the Promenade Gardens office building in Budapest. The A+ category commercial property on Váci Road owned by Erste Open-Ended Real Estate Investment Fund was developed and leased by premium Hungarian property developer Horizon Development. The […]

Hungarian Tourism Campaign Targets People in the Region

D&T
Jun 29, 2020

The Hungarian Tourism Agency (MTÜ) has launched a campaign to promote Hungary in parallel with the international Budapest campaign. A statement by the agency emphasized that in the period of recovery from the coronavirus epidemic, it is essential that not only domestic tourism be relaunched, but also that foreign travelers gradually begin to return at […]

'Box', a short film by Ábel Százados

Hungarian Boy Collects Another Film Award

D&T
Jun 28, 2020

15-year-old Ábel Százados was given the title 'Youngest Gifted Filmmaker' for his production 'Box' at the World Peace & Tolerance Smartphone Humanitarian Gala Global Short Film Awards, the news portal Szabad Pécs reports. The award – announced this time online – recognizes excellence in highly creative and imaginative films under 15 minutes long. The Hungarian […]

Hungarian Traveler Reaches Darjeeling Destination

D&T
Jun 28, 2020

Following a journey of 13,645 kilometers by bike and on foot, Hungarian adventurer Viktor Zichó completed his mission of traveling from Hungary to Darjeeling, India, following the route taken some two centuries ago by Hungarian explorer Sándor Kőrösi Csoma. Viktor Zichó set out from Komárom, NW Hungary last summer to follow the path taken by […]

Three More New Coronavirus Related Deaths in Hungary

D&T
Jun 28, 2020

Three patients died and the number of confirmed new coronavirus infections in Hungary increased by four in the past 24 hours in Hungary. With three deaths, the official number of pandemic related fatalities increased to 582 according to the government website dedicated to the COVID-19 pandemic situation in the country, and with four new cases, […]

Magyar Rádió Open Air Concert in Szarvas

Open Air Concerts by Magyar Rádió Ensembles

D&T
Jun 27, 2020

An ensemble, consisting of members of the Magyar Rádió (Hungarian Radio) Symphony Orchestra, gave a concert at the Arboretum in Szarvas, eastern Hungary this Saturday. As the Hungarian news agency MTI reports, the Hungarian Radio Symphony Orchestra and Choir holds a three-day open-air concert series entitled 'Zenélő Magyarország' (Musical Hungary) from June 26 in Budapest […]

The Landscapes of the Soul...

I remember from my childhood a charming school rhyme: Maybe verdure is more luxuriant elsewhereAnd the birds in the branches are singing more merrilyPerhaps, perhaps, but dearer to the heart isA song from the Vistula River and the sands of Mazovia. These simple words contain a universal feeling of strong emotional bond with the native […]

EU Court Ruling May Affect Future Merger Deals

Viktória Villányi
Jun 27, 2020

The EU General Court’s new approach to merger control may give the green light to an increasing number of merger and acquisition (M&A) deals. On May 28, 2020, the EU General Court annulled the Commission’s prohibition of a merger proposed by two telecom companies, Telefónica UK and its competitor among network operators, Hutchison 3G UK. […]

Hungarian Population: Moderated Natural Decrease

D&T
Jun 26, 2020

In the first five months of 2020, the number of births (36,527) was 4.8% more and that of deaths (54,656) 5.8% less in Hungary than in the corresponding period of 2019 according to preliminary data by the country’s Central Statistical Office. As a result, the natural decrease declined by 22% or 5,042 compared to January–May 2019. […]

Cash register Figures Not Improving

D&T
Jun 26, 2020

In the first half of June, according to cash register data, store revenues were 3.7% lower than before, which is worse than the 2.6% decrease in May. In addition, people bought less in grocery stores, and the jump in online store revenues is also smaller than the April peak. The survey was made for the […]

Event Center to be Turned into Boat Station

D&T
Jun 26, 2020

The Hungarian Tourism Agency (MTÜ) would transform the Bálna even center on the Pest side of the River Danube into a station for receiving hotel ships, CEO Zoltán Guller announced in a podcast. Guller said the building will perform similar functions as an airport. Hotel boats will arrive and depart from there, but the building, […]

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