The official number of fatalities related to the new coronavirus infection has fallen under 100 a day in the past week but with the 71 Thursday deaths reported Friday morning, the total number is now 29,041. This number per 100,000 people of the population puts Hungary among the worst-hit countries of the world. 1190 new […]
Hungary’s government submitted plans to Brussels on how the country would utilize more than 2,500 billion forints (EUR 7bn) distributed from the bloc’s recovery and resilience fund (RRF). The money can be spent on strategic development projects over the next six years. Earlier, the Cabinet indicated it would not make use of the EU’s credit […]
This year, non-profit organisations have again been given the opportunity to receive financial and professional support to implement their innovative ideas. The ICT service provider Invitech has launched its eleventh InnoMax Award, which continues to focus on sustainability, health, education and inclusion, but for the first time also includes support for digital education equipment. The […]
Desired Beauty, the first comprehensive exhibition in Hungary displaying close to one hundred masterpieces from the unrivalled Pre-Raphaelite collection of Tate Britain, is on view at the Hungarian National Gallery in Budapest from May 13 through August 22. The works of the Pre-Raphaelites, the artists of the most influential British art movement in the nineteenth […]
The consignment of Lynx armored infantry fighting vehicles purchased by the Hungarian army will be fitted with German Rheinmetall's StrikeShield active protection system, the state news agency MTI was informed this Thursday. "The so-called active protection system will provide the highest level of security available today for the Hungarian army's new armoured combat vehicles, government […]
Leier Hungária Ltd. is to carry out capacity expanding improvements at three of its Hungarian sites, Hajdúszoboszló, Pécs and Jánosháza. The total value of the investments is more than EUR 18.5 million. The company will create 20 new jobs as a result of the improvements while retaining the existing headcount of 1,021 people. Hungarian taxpayers […]
The Ambassador of Spain in Budapest has handed over the Cross of the Order of Isabel the Catholic granted by King Felipe VI of Spain to winemaker András Bacsó, the former director of the Tokaj Oremus Winery in Hungary. It was at the proposal of the Spanish Ambassador in Hungary, Anunciada Fernández de Córdova, that […]
As a result of border crossing restrictions and COVID-19 protection measures for commercial accommodation, domestic tourists spent 66% fewer tourism nights in commercial accommodation establishments (hotels, boarding houses, camping sites, bungalow complexes and community hostels) in Hungary compared to the same period of the previous year. International guests spent 74% fewer nights. The decrease in […]
In its monthly Transaction Number Estimate and Mortgage Forecast, the Hungarian real estate firm Duna House shows that in April 2021 13,511 property transactions were concluded and residential mortgage contracts worth HUF 92-93 billion were signed in the whole of Hungary. The report states that following the exceptional rally of Q1 2021 property market activity […]
Consumer prices were 5.1% higher on average in April 2021 than a year earlier. Significant price rises were measured over the last 12 months for alcoholic beverages and tobacco as well as motor fuels. In one month, consumer prices increased by 0.8% on average. In the 12 months, compared to April 2020 – according to data by […]
This morning, more than 330,000 doses of Pfizer-BioNTech vaccines have again arrived in Hungary. This is the 21st shipment of the Comirnaty vaccine, bringing the total in Hungary to more than 3.2 million doses, the company said in a statement. Pfizer and BioNTech are currently forecast to produce and supply more than 2.5 billion doses […]
In parallel with the easing epidemic situation and the partial opening, demand in the Budapest rental market has strengthened by the beginning of May: compared to the low of HUF 126,000 in December, the average asking rent has now risen by 7.6% to HUF 135,000, according to a recent analysis by Rentingo.com. As reported by […]
The National Council of Wine Communities (HNT) is promoting the conscious, moderate consumption of Hungarian sparkling wine on the World Wide Web, the organization told the state news agency MTI on Monday. The campaign entitled ‘Pezsegj szabadon!’ (Sparkle freely!) is financed by the HNT and managed by the Artvertising Group. Creative director Gergely Nagy said […]
As the world enters into the second year of the COVID-19 pandemic, the Hungarian pharmaceutical company Gedeon Richter Plc. continues to regularly provide a brief update of its impact on the health and wellbeing of its employees and its operations at large. According to OECD Statistics, global GDP declined by 4.2 % in 2020 due […]
Surplus on external trade in goods amounts to EUR 1,013 million in March, both exports and imports increase by 14% compared to February. In EUR terms, the value of exports was 22% and that of imports 15% higher in March 2021 than in the same period of the previous year. The balance of external trade in goods improved […]
