The sales revenue in the first half of 2020 of ANY Printing Company Plc. was HUF 13 billion. Exports reached HUF 5.7 billion, which represents a 44% ratio. In the first half of 2020, ANY’s sales revenue is HUF 13 billion, which is 19% lower than in the same period last year. Export sales is […]
In the context of the rolling revision of Takarék Group’s strategy in 2020 the priorities of the Group remain the deepening of synergies between the entities of the Integration, continued improvements in the cooperation between members and in the Group’s competitiveness in general, the bank says on the website of the Budapest Stock Exchange. At […]
Investor appetite remains strong for CEE but a cautious approach is still being applied while markets try to settle, Colliers International reveals in its latest 'H1 CEE Investment Scene' report. CEE Investment volumes for the first half of 2020 reached ca. € 6.26 billion. This figure was boosted by 2 large portfolios totalling in excess […]
The new coronavirus infection (COVID-19) was detected in 39 new Hungarian citizens, which increased the number of infected people in Hungary to 4,916. An elderly, chronic patient has died, bringing the number of deaths to 608, and 3,623 have already recovered. According to official figures on the pandemic-related government website, the number of active infections […]
The development of pet breeding will be helped by the new location of the pet exchange in Monor, which was handed over on Sunday, the Minister of Agriculture István Nagy said at the opening of the fair. The minister added that the European-level fairground created with the financial and professional support of the ministry will […]
This Sunday saw the rowing race between the southern and northern shores of Lake Balaton, a total distance of nine kilometers from Fonyód to Tihany and back. There was such a high interest in the event that the organizers only accepted entries made in advance. The crossing could be entered by human-powered water sports equipment, […]
The government would replace half of the existing bus fleet with electric ones. This will also play a role in making Hungary climate-neutral by 2050. The Hungarian Minister of Innovation and Technology, László Palkovics is of the view that over the next ten years, half of the city bus fleet can be replaced with low-carbon […]
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 […]
