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Articles by Date

October 2021

74 hits

Hungarian Carmakers Hit by Global Chip Shortage

D&T
Oct 31, 2021

The global shortage of microchip semiconductors has also caused production to falter at Hungarian car manufacturers, with the unpredictability of parts arrivals making the previously normal order fulfilment pattern untenable. Companies interviewed by the state news agency MTI said that they are trying to cope with the situation by analyzing the market and organizing production […]

Budapest Stock Exchange Share Index Down 1.91%

D&T
Oct 31, 2021

The Budapest Stock Exchange's (BSE) share index, the BUX, closed down 1.91% on Friday at 54,197.71 points compared to last week's close. The total turnover of shares rose to HUF 48.596 billion from HUF 37.658 billion last week. All leading shares weakened. BSE performance was mixed this week. The share index started with a decline, […]

PR Agencies: Lower Revenues in Hungary Last Year

D&T
Oct 30, 2021

The coronavirus epidemic had a negative effect on the PR industry in Hungary as well: the sector's turnover fell from HUF 64 billion in the previous year to HUF 48 billion in 2020, but the net profit after tax did not decrease. That is according to the PR Trendriport Hungary 2021 published on the occasion […]

Experimenting the Bonds of Friendship

Sándor Laczkó
Oct 30, 2021

‘Triangle’, an English-Hungarian co-production graduation film at the Arts University Bournemouth by Hungarian director Péter Engelmann has attracted international interest. Now, he tells Diplomacy&Trade about this movie described as “a sci-fi pseudo-docu drama exploring the dark realms of the human mind.” The story follows three strangers who are about to become friends for life, separated […]

Hungary's Population Decrease Continues

D&T
Oct 29, 2021

In September this year, over 1,400 more people died than the number of babies born in Hungary, the country's Central Statistical Office reported this Friday. In September 2021, 8,600 children were born and 10,024 people died in Hungary according to preliminary data. Compared to September 2020, the number of live births was up by 1.0% and that […]

COVID-19: Another 37 Deaths, 4,041 New Infections

D&T
Oct 29, 2021

Thirty-seven patients died of illness related to the new coronavirus infection in the past 24 hours, while 4,041 new coronavirus infections were registered, koronavirus.gov.hu said on Friday. On Thursday, almost the same number of new cases (4039) were reported, with 45 deaths. The number of infected people was last at this level in mid-April. According […]

Hungary’s Government Seeks to Take Control of Budapest Airport

D&T
Oct 29, 2021

Hungarian Prime Minister Viktor Orbán stepped up efforts to gain control over Budapest airport as the Cabinet seeks to bring key infrastructure into state ownership. The government also plans to build 4-5 large international airports and a dozen of business airstrips across the country. Hungary’s government is keen on gaining control over the nation’s largest […]

Mask Wearing Compulsory, Employee Vaccination Mandatory

D&T
Oct 28, 2021

As of November 1, the wearing of face mask will again be required on public transport, and employers may require their employees to be vaccinated to increase vaccination coverage. In the public sector, vaccination is mandatory, while in municipalities it is up to the mayors to decide. The government decree states that masks will have […]

EU Survey: Hungarians Among the Less Knowledgeable

D&T
Oct 28, 2021

The latest Eurobarometer survey on the scientific literacy of Hungarians has some interesting lessons: according to the results reviewed by Qubit, Hungary, along with Romania and Italy, has the highest proportion of people (31%) who think that the earliest humans lived on Earth at the same time as dinosaurs. But there are other tidbits, the […]

Cézanne to Malevich - Arcadia to Abstraction

D&T
Oct 27, 2021

Nine years after the hugely successful exhibition Cézanne and the Past: Tradition and Creativity, the Museum of Fine Arts, Budapest hosts another show linked to Cezanne. It explores the connections between the œuvre of the French master and French Avant-garde art from 1906 to 1930. The exhibition takes a new approach to Paul Cezanne’s œuvre […]

Budapest Research Forum Industrial Market Analysis

D&T
Oct 27, 2021

In the third quarter of 2021, two buildings with 14,210 sq m of new space were added to the Greater Budapest modern industrial stock. One building was handed over in East Gate Business Park Fót and one building in Login Business Park Dunakeszi. The total modern industrial stock stood at 2,567,510 sq m at the […]

Nearly 4,000 Kgs of Coffee Pods Collected at MediaMarkt

D&T
Oct 27, 2021

In March this year, Nestlé launched a new coffee pod collection and recycling scheme for NESCAFÉ Dolce Gusto coffee pods and since then, nearly 4,000 kilograms of coffee pods have been collected by consumers. Over the past seven months, the company has continued to expand the list of collection points, and used coffee capsules can […]

Hiking in Hungary

It’s a beautiful summer morning – warm, but between a patchwork of clouds and the elevation of the Kőszeg Mountains, the temperature is pleasant. As I wind my way through birch and pine trees and among white and pink foxglove flowers, I relax into the stillness of the forest.Standing there, it is hard to believe […]

‘Fit for 55’ CEO Consultation

D&T
Oct 26, 2021

At the request of the Net Zero Advisory Board, established in this January, the Business Council for Sustainable Development in Hungary (BCSDH), together with the British Embassy, held a unique ‘Fit for 55’ CEO consultation. Company leaders and business sector representatives were able to meet and consult with Dr. Barbara Botos, Deputy Minister of State […]

Naturtex Expands Production Capacity in Szeged

D&T
Oct 25, 2021

The new production hall and office building of the Hungarian family-owned textile manufacturing Naturtex Group has been completed in the southeastern Hungarian city of Szeged. With an investment of almost EUR 12 million (over one third which is paid for by Hungarian taxpayers through a government decision) creating 150 new jobs, the company achieves a […]

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