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December 2020

901 hits

Budapest Airport: Slow Restart

D&T
May 14, 2020

Life is slowly returning to airports from May; aviation has restarted in several European countries, amidst heightened safety measures. From May 1, traffic has resumed at Budapest Airport as well, albeit only gradually, as more and more airlines announce the relaunch of flights to Budapest.  According to the latest Airport bulletin, the coronavirus pandemic had […]

Magyar Telekom: Slight Growth in Q1 2020

D&T
May 14, 2020

Total revenues at the Magyar Telekom Group in the first quarter of 2020 amounted to HUF 159.333 billion, which is 0.2% higher compared to the corresponding period in 2019, according to the Group’s latest financial report. The operating profit in the first three months of the year was HUF 12.723, 1.1% more than a year […]

Sunset at Lake Balaton at Balatonfüred, on the northern shore of the lake

Good Water Quality in Lake Balaton

D&T
May 13, 2020

Although, it is not advised to visit the area en masse during the pandemic, experts have found that so far, there is nothing unusual concerning the water of Lake Balaton: it is of good quality as in previous years, and the number of algae is relatively low. Gergely Boros, senior researcher at the Balaton Limnology […]

Japanese food donated to Péterfy hospital

For the Necessary Momentum!

D&T
May 13, 2020

Wishing to highlight the work of healthcare professionals fighting in the frontline against the new coronavirus and untiringly defying the danger, a young Japanese chef has decided to donate Japanese food to the workers of a hospital in Budapest. Japanese chef Takashi Nagatake (pictured in the middle, in blue shirt) opened a new restaurant in […]

Hungary Tops Alternatively Powered Vehicles Sales

D&T
May 13, 2020

Hungary produced the largest increase in new passenger car registrations in the first quarter of 2020 among the member countries of the EU and EFTA in the alternatively powered vehicles (APV) category that includes all vehicles not running on petrol or diesel (that is, electric chargeable, hybrid and other alternative powered ones. According to the […]

Clinical Trials and the Quest for New Drugs

Viktória Villányi
May 12, 2020

The global quest for effective treatment for the quickly spreading COVID -19 pandemic demands a review and amendment of the regulations on clinical trials carried out on human subjects. To expedite market access to rapid tests, vaccines, and newly developed drugs, both the US FDA and the European Medicines Agency (EMA) have recently published recommendations […]

Coronavirus testing at the Siklós Hospital, S Hungary

Pandemic: Low Infection Rate Measured in Hungary

D&T
May 12, 2020

Partial results of a nationally representative coronavirus screening test show that there are 2.4 infected people per ten thousand people, which means a maximum of 7,230 people infected if the results are projected to the total population. So far, 46.5% of the nearly 18,000 people to be tested in the study have been screened by […]

Pandemic: Surging Risk Costs at OTP Bank

D&T
May 12, 2020

Hungary's OTP Bank Plc. has announced that the summary of its first quarter 2020 results has been prepared on the basis of its non-audited separate and consolidated IFRS financial statements for March 31, 2020 or derived from that. Q1 2020 results were shaped mainly by the surging risk costs due to the assumed negative impact […]

National Bank for a 'Green' Recovery

D&T
May 11, 2020

There is ample scope for a ‘green’ recovery of the Hungarian economy. That is the conclusion drawn by the National Bank of Hungary (MNB), which, at the end of March, initiated a call for consultations with environmental experts, non-governmental organizations and institutes on the environmentally sustainable restart of the economy following the epidemic caused by […]

GoodID COVID-19 Green certificate

Keep your Coronavirus Test Result in your Phone!

D&T
May 11, 2020

Developed by the Hungarian company ID&Trust, the solution 'GoodID COVID-19 Green', which is being tested for the first time at the Róbert Private Hospital in Budapest, is making its debut these days. Thanks to this, one can get a free digital certificate about the result of the coronavirus test performed by the healthcare institution. The […]

Budapest Airport: Seventh Skytrax Award in a Row

D&T
May 11, 2020

Ferenc Liszt International Airport has won the award for best airport in Eastern Europe for a record seventh time this year. The Skytrax award, handed out – unconventionally, in virtual form – at the World Airport Awards, is one of the greatest accolades in the industry, as it is decided by passengers themselves based on […]

The Virus has not Spared the Housing Market, Either

D&T
May 10, 2020

The expectations of housing companies clearly deteriorated in April 2020 compared to a quarter earlier – according to the survey of the Hungarian economic research institute GKI and Masterplast. The epidemic caused by the corona virus has crashed the already slowing housing market, so the outlooks have become much more modest. The value of Budapest […]

Metropolitan Court Budapest

Hungarian Courts Introduce 'E-Trials'

D&T
May 10, 2020

The COVID-19 pandemic has also forced courts to introduce new solutions for litigation. One of the most important elements of litigation is that the parties concerned may be able to state and represent their case in person at the court hearing. At the same time, the increased security standards due to the epidemic situation do […]

Car Manufacturing Losses Due to the Pandemic

D&T
May 10, 2020

European Automobile Manufacturers' Association (ACEA) has prepared the first assessment on the impact of the coronavirus epidemic. As expected, the restrictions aimed at stopping the infection dealt a drastic blow to the sector. In Hungary, some 50,000 less vehicles were manufactured that originally planned. So far, the epidemic has caused a total loss of 2.3 […]

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