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June 2021

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13 Arrests in Hungary in International Police Raid

D&T
Jun 8, 2021

More than 800 people, including Hungarians, were arrested in a single day as part of the police operation Trojan Shield in several countries around the world, thanks to a new covert messaging platform, Anom. Since the messages and pictures sent on the platform were seen by the investigators, it was not difficult to crack down […]

Continental Increasing the Role of Hungarian R&D Team

D&T
Jun 8, 2021

Continental is to expand its field of software development, including the research and development activities of advanced driver assistance systems in Hungary. As part of the development to be implemented from more than EUR 11 million in Budapest and Veszprém, the company will create nearly 70 new jobs in high value-added R&D areas. Continental's research […]

Box office Sales in Hungary Plunge Over 70% in 2020

D&T
Jun 8, 2021

Hungarian cinemas' ticket sales dropped by 72% to 4.3 million last year as pandemic restrictions weighed, data compiled by the Central Statistical Office (KSH) show. Almost 2.2 million of total ticket sales were at cinemas in the capital, Budapest. Box office revenue declined by 71% to HUF 6.4 billion forints (EUR 18.5m). Cinemas in Hungary […]

Turkish Şişecam Sets Up Plant in Kaposvár

D&T
Jun 7, 2021

As a global player in every major area of glass manufacturing, the Turkish Şişecam will establish its first European glass-packaging facility in Kaposvár. This greenfield investment of EUR 220 million is to have an annual net production capacity of 330,000 tons. With two individual furnaces, the new facility is expected to begin its operations in […]

Logistics Megapark To Be Developed by Helloparks

D&T
Jun 7, 2021

HelloParks, an industrial real estate development company belonging to the Futureal Group, is developing a 400,000 square-meter logistics megapark in several phases in Páty, near the M1 motorway, Futureal told the state news agency MTI on Monday. According to the information, 400,000 square meters of gross leasable area of warehouse and manufacturing space will be […]

Samsung SDI for a Green Future

D&T
Jun 7, 2021

The Korean company with its plant in Göd, north of Budapest, focuses on younger generations and sustainable solutions. Samsung SDI todayAlong with the footmarks of Samsung SDI, starting from Vacuum Tubes in 1970, super-large PDP, high-tech CRTs and to Digital displays, today, Samsung SDI is the Creative Leader of Technology and Market on the Foundation […]

Children's Railway Back in Operation in Budapest

D&T
Jun 6, 2021

After almost seven months of service disruption due to the restrictions imposed by the coronavirus epidemic, the Széchenyi Hill Children's Railway has resumed operation. During the summer period, trains run every day: every hour on weekdays and every 40-50 minutes on weekends. The stations have been refurbished and are now open to visitors. The country's […]

Collector Coin to Honor the Olympics and Paralympics

D&T
Jun 6, 2021

The National Bank of Hungary (MNB) has issued a silver collector coin of HUF 10,000 and its HUF 2,000 non-ferrous metal version named ‘XXXII. Nyári Olimpiai és XVI. Nyári Paralimpiai Játékok’ (Games of the XXXII Olympiad and the XVI Paralympic Games). The Games of the XXXII Olympiad and the XVI Paralympic Games will be held […]

Robert Bosch Training Center with EU Support

D&T
Jun 5, 2021

Robert Bosch Energy and Body Systems Kft. in Miskolc has established and operates a corporate adult education centre with HUF 170.28 million non-refundable EU funding from the Széchenyi 2020 program. According to information provided by the company, as a result of the two-year programme, the company has started its adult education activities, and in 2019 […]

New Commander of the Hungarian Defence Forces

D&T
Jun 5, 2021

Major General Romulusz Ruszin-Szendi, the new Commander of the Hungarian Defence Forces, received his appointment from President János Áder in the Dome Hall of Hungarian Parliament Parliament this Saturday. On May 26, President Áder relieved General Ferenc Korom, Commander of the Hungarian Defence Forces, from his post. Dr. Romulusz Ruszin-Szendi, proposed as the new commander […]

A Knowledge Base for Green Transport

D&T
Jun 4, 2021

A full-coverage high-power charging infrastructure is essential for driving forward electromobility. As a pioneer and innovator in electric mobility, Siemens has global experience, a strong portfolio along the value chain and is an active participant in shaping and promoting standardization for EV charging solutions worldwide, for buses and cars as well. Siemens has been shaping […]

Hungarian Currency Puts in Stellar Performance

D&T
Jun 4, 2021

Hungary’s forint broke multi-month records against the euro in recent days, fueled by rate hike expectations and a promising economic growth outlook. The currency gained ground even as a steadying US dollar cut international risk appetite. As inflation in Hungary and other central European nations is above central banks’ target levels, investors are betting on […]

Sales in Hungarian Retail Shops Up by 10.6%

D&T
Jun 4, 2021

In April 2021, the volume of retail trade increased by 9.9% in raw data and by 10.6% in calendar-adjusted data, compared with the same period of the previous year, as a result of the gradual lifting of restrictions from mid-month, and the low point in April last year. In April, calendar-adjusted sales volumes rose by […]

Greener Transport for Better Climate

D&T
Jun 3, 2021

Less than two years ago, the Ministry of Innovation and Technology declared that it is of primary national economic interest for Hungary to join the developments generated by electric cars and to be at the forefront in the introduction and dissemination of innovative technologies (Ányos Jedlik Plan 2.0). “The Hungarian government has recognized the population's […]

Increasing Incidence of Melanoma in Hungary

D&T
Jun 3, 2021

The incidence of melanoma, a skin cancer, is increasing in Hungary, with the number of newly diagnosed cases reaching three thousand a year, the Hungarian state news agency MTI learned at an online press conference on the subject this Thursday. Eszter Baltás, Associate Professor at the Department of Dermatology and Allergology of the University of […]

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