The 26th Miskolc Rally car race was halted and then canceled this Saturday morning in NE Hungary following an accident in which 48-year-old co-pilot Zsolt Tóth lost his life. The driver of the Rally1 category car, Gergely Dudás was not seriously injured, but was treated by paramedics. Following proposals from officials and competitors, the supervisory […]
The number of confirmed people infected with the coronavirus in Hungary now stands at 4,877. The official pandemic-related death toll is 607. Further data by the Hungarian authorities suggest that there are 8,526 people in compulsory home quarantine, while the number of those recovered is 3,606. The total number of active COVID-19 cases is 664. The […]
The Bavarian-owned Sano - Modern Takarmányozás ('Modern Fodder') Ltd. acquires Solum Mezőgazdasági ('Agricultural) Co. Ltd. in Komárom and establishes one of the most modern pig and cattle farms in the world with an investment of HUF 12 billion. Sano managing director Zsolt Csorba told the Hungarian news agency MTI that more than 80% of the […]
German retail chain Aldi's Hungarian companies will create 250 new commercial, logistics and IT jobs in Hungary by the end of the year, according to Aldi Magyarország Managing Director Bernhard Haider. They are looking for 100 new employees in their stores, and the cold storage warehouse in Biatorbágy, which will be completed in the autumn, […]
The gross domestic product of Hungary went down by 13.6% according to raw data and by 13.5% according to seasonally and calendar adjusted and reconciled data in the 2nd quarter of 2020 compared to the corresponding period of the previous year. According to an explanation by the Central Statistical Office, the extraordinary situation resulting from the […]
The Hungarian company Admatis Ltd. is among the contributing partners in building the JUICE (JUpiter ICy moons Explorer) spacecraft that is to explore Jupiter and its icy moons. Compared to the original designs, JUICE receives an additionally designed, analyzed, finished multilayer film made of ADMATIS 'jacket'. The 'jacket' is made of MLI (Multi Layer Insulation) […]
The COVID-19 pandemic has not affected the Budapest office building site Graphisoft Park as badly as many other businesses, according to the Interim Management Report published this Thursday. The first wave of COVID-19 crisis affected Graphisoft Park less seriously than earlier expected, however general expectations still show uncertainty for years 2020 and 2021, the report […]
The volume of construction output, based on raw data, was 15.7% lower in June 2020 compared to the high base of the previous year. Output decreased in both main groups of construction: in the construction of buildings by 14.2%, in civil engineering by 17.5%. Based on seasonally and working day adjusted indices construction output increased […]
This year has brought about challenges for the globe that previously only sci-fi writers imagined. In spring, the world economy seemed to screech to a halt, scores of companies saw their existence in danger, millions of workers were unable to work, and raw materials procured from abroad failed to arrive or did so with a […]
The entire new passenger boarding facility, called pier 1, has been completed by June 23 and commissioned for passenger operations at Liszt Ferenc International Airport this Wednesday. The first phase of pier 1 was handed over by Budapest Airport already in January. The extensive glazed surfaces and wooden beams of the 11,500-square-meter structure create a […]
Qatar Airways’ loyalty program, Privilege Club, has announced a change to its Qmiles policy in efforts to enhance the program to further honor members loyalty. When a member earns or spends Qmiles, their balance is valid for 36 months. Members can now earn or spend their Qmiles for as long as they stay active with […]
This year, three Hungarian companies have been added to the Deloitte Technology Fast 500 EMEA list, which ranks the fastest growing technology companies in Europe, the Middle East and Africa. This year’s list includes winning companies from 22 countries with an average growth rate of 1,258 percent in 2019 after 969 percent in 2018, a […]
The government is planning the school year according to the normal schedule: schools can traditionally start on September 1, The Ministry of Human Capacities (EMMI) told the Hungarian news agency MTI on Tuesday. The development of the coronavirus epidemic in Hungary has been favorable so far, currently it is not justified to replace traditional education […]
According to Hungarians, there will be a vaccine against the coronavirus, and the majority believe that it will be available to everyone in a year at the earliest. 55% of the population would most likely self-administer an approved vaccine. The results of a national representative research commissioned by the Association of Innovative Pharmaceutical Manufacturers (AIPM) […]
Consumer prices were 3.8% higher on average in July 2020 than a year earlier. Significant price rises were measured over the past year for food as well as alcoholic beverages and tobacco. Data published today by Hungary's Central Statistical Office suggest that in the past 12 months, compared to July 2019, ood prices went up by […]
