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December 2020

901 hits
The Wescast plant in Oroszlány

Wescast to Lay off 250 people

D&T
May 18, 2020

Wescast Industries Inc., the world's leading supplier of cast exhaust manifolds for passenger cars and light trucks lays off 250 employees from its factory in Oroszlány, west of Budapest, the Hungarian news agency MTI reports. The news agency learned from the Vasas (Iron Workers') Trade Union that 250 of the 800 employees will be made […]

Reopening a café in Ráday street in Budapest

Another 11 Die of Coronavirus in Hungary

D&T
May 18, 2020

Eleven people died of the novel coronavirus in this country in the past 24 hours, according to the Covid-19 information website of the government, bringing the official death toll to 462. In the meantime, restrictions have been eased in Budapest, as well. The confirmed number of people currently infected with the coronavirus in Hungary is […]

Covid-19 Crisis: Very Low Reserves at Firms in Budapest

D&T
May 18, 2020

Enterprises in the Hungarian capital calculate with at least another four months of crisis period, according to a research prepared by the Budapest Chamber of Commerce and Industry. However, 60% of them have no more than three months of reserves. BKIK conducted this research among 3,440 businesses to examine the economic impact of the coronavirus […]

What Hungarians Missed the Most During the Restrictions

D&T
May 18, 2020

During the two months of restrictions to leave one's home, Hungarians mostly missed most cultural programs (37% - 40% among men and 31% among women) and the possibility of free shopping (34% - 37% among men and 31% among men), according to a recent poll conducted by Pulzus Kutató for the news site Napi.hu. Finishing […]

Narrow gauge train at the Almamellék station in southern Hungary

Narrow-Gauge Railway Restarts with Restrictions Lifted

D&T
May 17, 2020

The seven-kilometer long Zselic narrow gauge railway in south-central Hungary has begun operation this week-end. It is one of several such railways that has re-started service after most of the restrictions introduced due to the Covid-19 situation were lifted in the countryside earlier this month. Built in 1901, the railway line makes it possible to […]

World Telecom Day

D&T
May 17, 2020

In Hungary, 71% of households have a mobile broadband connection, the use of which has spread extremely quickly, the country's Central Statistical Office (KSH) reports. World Telecommunication Day has been celebrated annually on May 17 since 1969. The date marks the anniversary of the founding of the International Telecommunications Union (ITU) on this day in […]

Pedestrians and bikers on the lower embankment of the River Danube in downtown Budapest

Pandemic Restrictions Eased in Budapest, Too

D&T
May 16, 2020

As of midnight this Sunday, most of the restrictions introduced due to the coronavirus pandemic will be lifted in the Hungarian capital. The Minister in charge of the Prime Minister's Office, Gergely Gulyás stated that “although the movement restrictions will be lifted in Budapest on Monday, keeping a safe, 1.5 meters distance will remain obligatory.” […]

Tax Relief for Hungarian Air Companies

D&T
May 16, 2020

Hungarian airlines will receive a tax credit, according to the Hungarian Gazette published Friday night. According to this, the tax credit is available to companies with at least 10 employees whose main activity is one of the following: manufacture of aircraft and spacecraft; aircraft, spaceship repair; or air passenger transport - and sales fell by […]

British Ambassador Iain Lindsay at a charity run

Charity Relay Run by the British Ambassador

D&T
May 16, 2020

As a volunteer for the Hungarian Interchurch Aid, the UK Ambassador to Hungary, Iain Lindsay, draws attention to the fact that the epidemic makes it even more necessary to support children. For his charity call, he starts a running relay of well-known public figures, with whom he will complete a distance of 221 kilometers until […]

BMW Group Takes Possession of Plant Site in Hungary

D&T
May 15, 2020

Preparatory processes related to the construction of the BMW Group's future plant in Debrecen, E Hungary have reached another important milestone: after the successful land preparation works commissioned by the city of Debrecen, the BMW Group will officially take over the area by the end of May, according to a press release by BMW Hungary. […]

EIT Crisis Response Initiative

D&T
May 15, 2020

As part of the EU’s collective efforts to tackle the COVID-19 crisis, the European Institute of Innovation and Technology (EIT), which is based in Budapest, has launched the ‘EIT Crisis Response Initiative’. The Governing Board of the EIT, which a European Union body, has decided to mobilise EUR 60 million of additional funding to innovators powering […]

Bust of Maximilian Hell at the Maria Enzersdorfer Friedhof in Lower Austria_

Hungarian Scientist Born 300 Years Ago

D&T
May 15, 2020

Hungarian astronomer Miksa Hell (a.k.a. Maximilian Hell) was born as Rudolf Maximilian Höll on May 15, 1720 in the northern Hungarian town of Selmecbánya (present-day Slovakia). He became an internationally known scientist. The crater Hell on the Moon is named after him. In 1770, Miksa Hell took part in the Hungarian expedition to Norway to […]

Qatar Airways to Extend Flexible Booking Policy

D&T
May 14, 2020

A press release by Qatar Airways says the airline will allow unlimited date changes, and passengers can change their destination as often as they need if it is within 5,000 miles of the original one. The airline will not charge any fare differences for travel completed before December 31, 2020, after which fare rules will […]

Best Job Cities, Post-COVID-19

D&T
May 14, 2020

Budapest ranks 49th on the 'Best Cities for Jobs Index' compiled by FutureLearn to show the post-pandemic job prospects for people in 100 cities around the world. Topping the list is Singapore, ahead of two northern European cities, Copenhagen and Helsinki. The Hungarian capital is preceded in the ranking by two Eastern European cities, Bratislava […]

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