Horizon Development’s Promenade Gardens office building was acknowledged with a World Silver Award at the FIABCI (the International Real Estate Federation) Prix d’Excellence Awards also known as The Oscars of the real estate industry. During the first 21 years of Hungary’s involvement in the FIABCI Prix d’Excellence Awards Horizon Development picked up five Silver and […]
A series of investments of more than HUF 20 billion will be launched at the southern Hungarian sand dune region, Homokhátság, where irrigation and infrastructure development will also take place. As the Minister of Agriculture announced at the Szeged wholesale market, irrigation will be developed on 1,500 hectares in an environmentally friendly way, it will […]
Over the period of April-June 2020, the average number of people employed in Hungary was 4,408,000 – 103,000 fewer than a year before, the Central Statistical Office (KSH) reports. According to KSH, the economic consequences of the coronavirus epidemic affected the study period in its entirety, so their effects are reflected in the reported employment […]
South Korea-based Samyang Biopharm, specializing in medical devices, has selected Hungary for its first production unit in Europe. The HUF 8.6 billion (EUR 26.2 million) unit, will produce synthetic suture materials and create 55 new jobs in Gödöllő. The Hungarian government contributes about 15% of that amount (HUF 1.3 billion) in non-refundable support. The South […]
The Board of Directors of the Hungarian liquor producer Zwack Unicum, acting under the authority of the General Meeting, approved the previously submitted proposal, according to which the company will pay a dividend of HUF 610.5 million. According to a statement by Zwack Unicum published on the website of the Budapest Stock Exchange, the Board […]
The leadership of the Hungarian capital will launch a city diplomacy academy this fall, Mayor Gergely Karácsony has announced. The mayor says the academy will provide a supply of city diplomats by introducing university students and recent graduates to international and city diplomacy, the Hungarian news agency MTI reports. The head of the academy will […]
The Federation of Hungarian Jewish Communities (Mazsihisz) and the Budapest Jewish Community (BZSH) have closed down the synagogues in Budapest for two weeks and impose a ban on visiting Mazsihisz's Budapest hospital and BZSH nursing home. The Mazsihisz website writes that the leadership of Mazsihisz learned on Sunday that a relative of one of the […]
The wish a little boy requested from the Magic Lamp Foundation was fulfilled at the Professional Fire Brigade in Pápa, W Hungary: he wanted to be be one of them. Firefighters from the Veszprém County Disaster Management Directorate and the Pápa Professional Fire Brigade were happy to comply with the request, as they know this […]
In the first half of this year, 25.3% fewer new cars were sold in Hungary than in the same period last year. This figure is the most favorable in the Central and Eastern European region, with the decline in the surrounding countries typically being above 30%. In addition to Hungary, it was only the Czech […]
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, […]
