The state-owned Kézmű ['Handicraft']-ERFO-Főkefe group's new production facility in Abaújszántó, NE Hungary, opened this Wednesday, will produce 15,000 health masks a day. The investment cost HUF 100 million, and the plant mainly employs people with disabilities who operate the equipment of the the production line and package the finished products. Thanks to the investment, a […]
Reliable, modern, well-organized, continuously developing – this is what the majority of Hungarians think of Ferenc Liszt International Airport, according to surveys conducted by independent market research agency GfK Hungary. Three-quarters of respondents believe the Hungarian airport is clean, safe and easy to navigate, and a similar proportion of Hungarians regard staff as being professional […]
A steep rise in the daily number of deaths caused by the new coronavirus infection in Hungary: 48. The majority of them were elderly patients with suffering from chronic disease. These cases bring the official number of COVID-19 related deaths in the country to 1,259. The new coronavirus infection was detected in 1,423 new patients […]
The National Bank of Hungary (MNB) issues a silver collector coin with a face value of HUF 10,000 and its non-ferrous metal version of HUF 2,000 to honor the Constitutional Court of Hungary and the 30th anniversary of its establishment. The Constitutional Court was one of the crucial institutions of the democratic political transition in […]
Chervon Auto establishes its first plant outside China in Hungary. The value of the greenfield investment aimed at serving European partners more efficiently is more than EUR 50 million. According to a report by the Hungarian Investment Promotion Agency, the new plant in Miskolc will have a capacity to produce up to 2 million vehicle […]
More than ever, 38 coronavirus-infected patients have died in Hungary in the last 24 hours, bringing their number to 1,211. "We are facing a difficult period,” the country's chief medical officer Cecília Müller is quoted by telex.hu from a press conference, acknowledging that the number of fatalities and the rate of spread of the virus […]
World brands, market leaders, small and medium-sized companies are present at the same time in one place at the Hungexpo Budapest Congress and Exhibition Center in the Hungarian capital until October 22. Despite the pandemic situation, nearly 100 exhibitors decided in favor of the exhibitions, the importance of personal meetings, their economically decisive role, and […]
In the WittyLeaks series of Diplomacy&Trade, diplomats share personal accounts of their experiences on “excursions” into Hungarian culture, art, gastronomy and scenery. This time, the Peruvian ambassador delves into comparisons between Peru and Hungary. When a diplomat arrives in the country where he or she will start a tenure, it is natural to review the […]
Hungary's second largest healthcare company, Sanofi, is investing about EUR 22 million euros (approx. HUF 7.9 billion) in its Miskolc plant, increasing its production capacity for pre-filled syringes by 50%. The Hungarian government contributes HUF 1.2 billion to wards the investment. Following the investments of the past years, Sanofi is now launching another significant expansion […]
Every vision has its story. Straumann’s began more than 60 years ago. Since then, their innovations and achievements have become landmarks in dentistry worldwide. Straumann began as a family-owned business, grew into a publicly owned holding, and today, is comprised of a number of international companies around the world. The story of the Hungarian Branch […]
The output volume of the construction industry in Hungary decreased by 13.6% in one year, and increased by 1.9% compared to the previous month. According to data released by the Central Statistical Office, the volume of construction output based on raw data was 13.6% lower in August 2020 compared to the previous year. Output decreased […]
The Judas tree in Mélykút, S Hungary was elected as the Tree of the Year in Hungary this year in an online voting held by the the Ökotárs ('Eco companion') Foundation. Ökotárs has been organizing the Hungarian Tree of the Year contest since 2010. They are are searching for the most lovable tree, a tree with […]
100th VIKING mobile deck screen has been produced at Eydescreen, the Hungarian factory of the Norwegian firm EYDEMASKIN AS and sold to its new owner, a local landscaping company. As the founder of EYDEMASKIN AS, Stig Eyde put it, it is a "significant milestone for our production, and continue targeting new markets in Europe." He […]
The Energy Efficient Mortgages Initiative (EEMI) has announced that OTP Mortgage Bank has joined the Energy Efficient Mortgages Pilot Scheme. Currently, 62 lending institutions have committed to test the implementation of the final energy efficient mortgages framework into their existing product lines and processes. The EEMI is intended as a pan-European effort to coordinate market […]
After two days of intense competition in Tallinn, Estonia on October 15 and 16, Norway won the title of Bocuse d’Or Europe 2020. The Hungarian team finished 9th. Mrs. Kersti Kaljulaid, the President of Estonia, presented the award to Chef Christian Andre Pettersen from Norway who impressed Régis Marcon, president of the International Organizing Committee, and […]
