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December 2020

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Hungarians' Use of Digital Channel Widens

D&T
Jun 16, 2020

As a result of the restrictions caused by the COVID-19 epidemic, Hungarian society made progress in the field of digitization in a quarter of a year – progress that otherwise would have taken a year and a half, according to Deloitte Digital’s 1,000-person representative customer survey. Changes in the utilities sector have also significantly transformed […]

Aldi Expands its Hungarian Logistics Center

D&T
Jun 16, 2020

Aldi's logistics center in Hungary will be expanded with an 8,800-square-meter cold store, doubling its cold storage capacity in the country, according to an interview with Bernhard Haider, the Hungarian managing director of the discount chain. The company can thus provide a much larger range of refrigerated products to customers, while at the same time […]

Vodafone shop in the Sugár shopping center in Budapest

New Company Information Business Service from Vodafone

D&T
Jun 15, 2020

Vodafone Hungary has launched a new company information service for small and medium-sized enterprises. Partner Control and Partner Monitoring services support business decisions, risk analysis, and tracking of key financial data for new and existing customers with a comprehensive, international company database, data, and reliable facts. Vodafone Hungary's new business information service, which supports business […]

Qatar Airways Restarts Flights to Budapest

D&T
Jun 15, 2020

Qatar Airways has announced that it is resuming services to Budapest from June 15, 2020. Hungary’s capital resumes scheduled services with three weekly flights operated by a Boeing 787 Dreamliner. As one of the only global airlines to have maintained a significant schedule throughout this crisis, Qatar Airways is uniquely positioned to monitor trends in […]

Alternative Payments to Cash are on the Rise in Hungary

D&T
Jun 15, 2020

More than a third of the Hungarian population has been using less cash since the outbreak of the COVID-19 pandemic, according to a recent representative poll conducted by Pulzus Kutató for Napi.hu. One in six people switched to another payment solution because of the coronavirus, but most have replaced traditional payments because of new services, […]

Woman Dies in Thunderstorm Flood in Hungary

D&T
Jun 14, 2020

A woman has died in a sudden flood caused by a thunderstorm in Tótvázsony, north of Lake Balaton in Western Hungary on Sunday afternoon. A spokeswoman for the Veszprém County Police Headquarters told the Hungarian news agency MTI that the 66-year-old woman and her husband wanted to clean the bridge pillar at the end of […]

Budapest Public Transport to Go Back to Normal

D&T
Jun 14, 2020

With the easing of the coronavirus epidemic, the front part of the buses and trolleybuses in the Hungarian capital will no longer be cordoned off from Monday, June 15, 2020, thus allowing passengers to keep a greater distance from each other by making full use of the passenger compartments of vehicles. A statement by the […]

Industrial Production Down in Hungary

D&T
Jun 14, 2020

In April, 2020 the volume of industrial production declined by 36.8% year-on-year. Based on working-day adjusted data, production fell by 36.6%. The economic effects caused by the coronavirus epidemic were significant in this period. According to data by Hungary's Central Statistical Office, the manufacture of transport equipment fell outstandingly, to one-fifth, due to the temporary […]

Hoteliers Receive State Award

D&T
Jun 13, 2020

János Áder, the President of Hungary honored Sameer Hamdan and Zuhair Awad with the Knight’s Cross, Order of Merit of the Republic of Hungary Medal for Civilians. The award was decreed in February in the official journal of Hungary, 'Magyar Közlöny' (Hungarian Gazette), however, due to the global circumstances the recipients received their award in […]

Logistics Center Cooled and Powered by Solar Panels

D&T
Jun 13, 2020

More than 2,250 solar panels of 270 watts each have been installed on the 6,500-square-meter roof of the logistics center in Cegléd of Gépész Holding that sells building engineering products. The new system produces the annual electricity demand of 160-170 detached houses – a smaller village if you like. In 2017, the building services company […]

Over 4,000 COVID-19 Infections in Hungary

D&T
Jun 13, 2020

The number of confirmed people infected with the coronavirus in Hungary now stands at 4,064. There are 8,472 people in compulsory home quarantine, 2,476 recovered and 559 deceased. The total number of active COVID-19 cases is 1,029. The official government site finds it important to note that 40% of those infected, 60% of the deceased, […]

House construction in Budapest

Less Transactions and Rising Market Bargain

D&T
Jun 12, 2020

The coronavirus pandemic led to a sharp fall in housing market activity at the end of March 2020; and construction activity is also expected to slow. Looking ahead, the market of new homes may be supported by the preferential, 5% VAT rate applicable in brownfield zones, says a report by the National Bank of Hungary […]

General Healthcare Services to Resume

D&T
Jun 12, 2020

From Monday, June 15, all healthcare services can be provided without restrictions while maintaining anti-epidemic preparedness, the Minister of Human Capacities announced at a press conference in Budapest on Friday. Minister Miklós Kásler said that in the case of hospitals, this means that 80% of the beds previously set aside for the care of coronavirus-infected […]

Reagila, developed in Hungary, Medicine of the Year

D&T
Jun 12, 2020

Richter's atypical antipsychotic, Reagila, containing the active ingredient cariprazine, was awarded the title of Drug of the Year 2019 by the Hungarian Society for Experimental and Clinical Pharmacology (HUNPHAR). Each year, the prestigious award recognizes the most advanced and effective products that have made a significant breakthrough in the cure of a disease. The award […]

Zwack Unicum Plc. CEO Frank Odzuck (on the left) with State Secretary Levente Magyar

Zwack Unicum Receives Government Subvention

D&T
Jun 11, 2020

As an extraordinary announcement, Zwack Unicum Plc. has reported on the website of the Budapest Stock Exchange that is has receives subvention from the government to increase competitiveness. The Zwack Unicum Public Limited Company inform "its distinguished Investors" that the Hungarian Ministry of Foreign Affairs and Trade (KKM) awarded the company a non-repayable subvention to […]

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