Based on samples taken from wastewater, the number of active coronavirus cases is not expected to increase in the next few weeks, Márta Vargha, senior water hygiene expert at the National Center for Public Health (NNK). The examination of wastewater started in May, i.e. during the period of the epidemic, first in Budapest and then […]
After the forced spring shutdowns, production in Hungarian car factories will be suspended again, but it is important to emphasize that the coronavirus epidemic has nothing to do with it, the financial website portfolio.hu writes. Only the usual planned shutdowns will take place in the summer, used by the companies for maintenance and conversion work.The […]
The Electronic Payment Service Providers’ Association (EFISZ) conducted a national representative public opinion poll with contribution of its members on electronic payment in Hungary during the epidemiological situation. The survey, conducted as part of the professional work related to the development of the Electronic Payment Strategy (EPS), covered public knowledge, preferences and needs in connection […]
In the first half of 2020, the number of births was 5.5% more and that of deaths 5.5% less in Hungary than in the corresponding period of 2019 according to preliminary data. As a result, the natural decrease declined by 23% or 6,024 compared to the first half of 2019, According to data by the […]
Due to the coronavirus epidemic, the 26th K&H Mozdulj! ('Move!') half marathon and running festival was held in an unusual format in the Hungarian capital this Saturday. Árpád Kocsis, managing director of the organizer Budapest Sports Office said there was a running race in the outskirts of the capital at the beginning of January, and […]
In accordance with its portfolio clean-up strategy, the Hungarian National Asset Management Inc. (MNV) will continue to put on the market real estate that is not necessary for the performance of state tasks. According to MNV's statement, after the situation caused by the pandemic has eased, it will be possible to continue the sales campaign, […]
The National Bank of Hungary (Magyar Nemzeti Bank - MNB) has built a EUR 10 billion safety net through agreements with major central banks. According to MNB, the economic policy pursued over the past decade has helped to achieve and maintain macroeconomic balance in Hungary and reduced the country’s external and internal vulnerability, thereby significantly […]
The European Court of Justice (ECJ) invalidated the Privacy Shield adequacy decision: another milestone in the legislative development on international data protection law. The July 16, 2020 ruling of the European Court of Justice invalidated the Privacy Shield Agreement earlier established between the EU and the USA, an utmost important decision in the field of […]
AutoWallis takes another significant step towards international expansion by becoming the importer of the Opel brand in Croatia, Slovenia as well as in Bosnia and Herzegovina. For the group, this can greatly increase the revenue and the number of new vehicles sold, the company has announced on the website of the Budapest Stock Exchange. According […]
The 2008 global financial crisis left the world reeling from the near-collapse of the global financial system and recovery has proved slower and more protracted than most expected. Despite the seeming restoration of normalcy in the global economic processes over the past decade, the crisis triggered by the coronavirus epidemic has brought to light the […]
Stagnating price indices, fewer transactions and record-high demand in the past few months – these were some of the features of the Hungarian property market in Q2 2020. This period was highly influenced by the socio-economic changes brought about by the COVID-19 pandemic. Of all the property market indices the one published by the national […]
3.5 million Suzuki models were manufactured in about 30 years at the Esztergom (NW of Budapest) plant of the Hungarian subsidiary of the Japanese company – and sold to people in 123 countries. The international automotive company has come a long way in Hungary from its 1991’s beginnings to the jubilee reached recently, having been […]
Two surveys, published in PwC’s 11th Global Consumer Insights Survey, examine the shopping habits and behavior of urban consumers before and after the COVID-19 pandemic, and how the global breakthrough has led to the faster spread of digital life. “At present, it is not clear at either global or local level how long the uncertainty […]
Budapest Airport welcomes a new airline: Luxair starts its direct service between Budapest and Luxembourg at the beginning of August. The schedule of the seasonal flight is adjusted to the needs of recreational travelers and is ideal for short city breaks as well as longer trips. A new airline is to commence services from Liszt […]
Vodafone Hungary has recently completed network development in three Central Hungarian regions under the Superfast Internet Program, making high-speed broadband Internet access available at more than 18 000 end-points. Thanks to the development, the company can offer Internet access with speeds of hundreds of megabits to consumer and business customers, schools and public administration institutions […]
