The Millennium and Z generations are determined and want to build a better future in the face of unprecedented health and economic problems caused by the COVID-19 pandemic, according to Deloitte's latest research. The results of the 2020 global survey suggest that these resilient generations may play a key role in creating ‘better normality’. In […]
For the first time in history, an original molecule invented by a CEE headquartered pharmaceutical company (Gedeon Richter's Vraylar), reached blockbuster status in the USA in the first half of 2020. "Thanks to the outstanding performance of our trusted partner Abbvie, Vraylar’s turnover exceeded USD 1 billion in Q2, which triggered the receipt of a […]
In May 2020, the volume of exports was down by 26% and that of imports by 19% compared to the same period of the previous year. The surplus was EUR 102 million. The surplus figure of EUR 102 million means the balance deteriorated by EUR 545 million compared to May 2019. According to calendar-adjusted data by the Central Statistical Office, the […]
The highly successful event of recent years returns to the northern shore of Lake Balaton. The 1960s and ’70s are also evoked by several locomotives and carriages of the color of the era, which can only be found on this line. As a novelty this year, a steam locomotive will also be present, and in […]
According to the latest house price index data by the National Bank of Hungary (MNB), house prices grew by 8.3% in Budapest in the period between 2019 Q1 and 2020 Q1. House prices were unchanged in Budapest quarter on quarter. As a result, this was the second consecutive quarter when house prices did not rise […]
From this Saturday, the Zugliget Libegő (Chairlift) will run again every day, according to the normal opening hours in the Buda Hills. The chairlift was restarted as early as the end of May, but with reduced opening hours. However, from August 1, with the exception of maintenance days on Mondays of even-numbered weeks, it will […]
The winner of the five-kilometer open water swimming event at the 2019 World Aquatics Championships, Hungary's Kristóf Rasovszky won the men's race this year's cross-Balaton swim with compatriot Olympic swimmer Anna Olasz taking gold in the women's field. The 23-year-old world champion completed the classic 5,200-meter distance between Révfülöp and Balatonboglár in about 57 minutes, […]
A 50-year-old chronically ill man died in Hungary, bringing the number of deaths new coronavirus infection (COVID-19) in this country to 597. The new coronavirus infection (COVID-19) was detected in 21 new Hungarian citizens, which increased the number of infected people in Hungary to 4,526 with 3,364 already recovered. The number of active infections is […]
The annual charity race ‘Runway Run’ is organized by Budapest Airport for the 8th time this year. The date this time is September 19. Runway I will be closed for the duration of the event where aviation professionals, athletes, and representatives of the tourism sector will participate, supporting a noble cause: entry fees will be […]
Despite the significantly deteriorating environment due to the COVID-19 epidemic, new vehicle sales at AutoWallis performed above market average in the first half: while in Hungary there was a 25% average decrease in domestic sales, this was only 5.6% for AutoWallis. At the same time, international sales of the automotive company listed at the Hungarian […]
Shortly after the resumption of the Budapest-Seoul flight, LOT announced this Friday that from the end of August, it will connect Budapest with a new destination, the city of Wroclaw. The new flight is part of the Polish airline's building a base in Hungary, and in addition to offering a direct flight to a pleasant […]
The state of healthcare, financial/political corruption and poverty – these are the three biggest worries of Hungarians according to a new international poll by Ipsos. 56% Hungarians worry about health problems (this being the highest value globally), but corruption (54%, also the highest value in the world) and poverty (49%, third highest value after Russia […]
The economic crisis triggered by the coronavirus pandemic has wreaked havoc in nearly all sectors of the Hungarian economy and the real estate market was no exception. The latest data show that the number of construction permits plummeted in the wake of the crisis and experts warn that the disappearance of foreign property buyers could […]
Two-time Olympic champion epée fencer Tímea Nagy has been elected as president by the Association of Immortal Hungarian Athletes. The convening of the General Assembly was necessary due to the death of the previous president, György Kárpáti, a three-time Olympic champion water polo player in June. The sole candidate, Tímea Nagy, was unanimously elected president […]
After a shock-like fall in the outlook for domestic economic agents in April, there was a significant positive correction in May and June, according to GKI’s economic sentiment index. The economic sentiment index, prepared by the economic research institute GKI, rose only slightly in July, by two points, as a combined result of improving expectations […]
