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April 2021

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All-time Record Revenue at AutoWallis in 2020

D&T
Apr 2, 2021

AutoWallis has closed another banner year, with its revenue increasing by 17% to HUF 88 billion in 2020. However, the company expects even such a major expansion to be only a minor step ahead of the 2021 leap. Namely, the revenue of the stock exchange automotive company may present a nearly threefold increase when compared […]

Patients on ventilator in the Budapest hospital 'Honvédkórház

COVID-19: Over 9,000 New Infections in Hungary

D&T
Apr 2, 2021

The number of new infections is 9,055 in Hungary, bringing the total number of identified infections to 670,776 since the outbreak began. The number of active infections rose further to 236,144, a new high. Another 267 patients died, bringing the official number of new coronavirus related deaths to 21,262. The number of recovered is 413,370. […]

Return to Normalcy?

D&T
Apr 2, 2021

As the British variant of the coronavirus is spreading at an alarming pace in Hungary, causing record numbers of infections and fatalities, Hungary is stepping up its vaccination program to stem the epidemic. The country surpassed the milestone of two million vaccinations, prompting the government to publish the conditions for starting the first stage of […]

Vaccination point at the Szent Imre Hospital in Budapest

Vaccination of Teachers Begins in Hungary

D&T
Apr 1, 2021

On Thursday, the extraordinary vaccination of previously registered kindergarten and school teachers started in more than four hundred hospital vaccination places in Hungary. Following repeated requests from teachers over the past couple of months, their vaccination is now under way. They are vaccinated on Thursday, Friday and Saturday with Pfizer. The Hungarian state news agency […]

MNB Becomes Carbon Neutral with WWF Hungary

D&T
Apr 1, 2021

The National Bank of Hungary (MNB) plans to neutralize its ecological footprint in close cooperation with WWF Hungary. Last year, the Bank successfully started compensating carbon-dioxide emissions at its international green conferences, by providing funds for forest restoration at Pápateszér. The MNB expects to fully neutralise the carbon-dioxide emission arising from its operation from 2021 […]

2020 Hungarian State Deficit at 8.1%, Debt at 80.4%

D&T
Apr 1, 2021

According to preliminary data the deficit of the general government sector in 2020 was HUF 3,870 billion, 8.1% of GDP. The balance deteriorated by HUF 2,882 billion, or by six percentage points as a proportion of GDP compared to the previous year. According to the country's Central Statistical Office (KSH), the significant deterioration was due to the economic impact of […]

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