Four young artists presented their unique visions and designs at Zwack Unicum’s ‘Together we are free!’ competition to find answers to the question of how to redefine freedom after a year of confinement. Marina Sztefanu was voted the winner by the jury and her installation will be completed in 2022 in Budapest Park. The four […]
The intensification of the high-level political dialogue between Switzerland and Hungary, as demonstrated by three recent ministerial visits, reflects the developments which have taken place and still take place in both countries and in Europe. That is according to the old-new Ambassador of the Swiss Confederation in Budapest, Jean-François Paroz. In Diplomacy&Trade's recent Swiss Focus, […]
HEINEKEN Hungária says it is still leading the way in sustainability goals and their fulfilment. The company was first global beer company to remove PET packaging from its portfolio and, reacting to consumers’ demands, switched to paper cups before the regulations enforcing the move came into effect. According to plan, they will switch to carbon […]
The European Commission will provide free travel rail passes to 60,000 Europeans aged from 18 to 20 years. Applications open at noon tomorrow, October 12 and close at noon on October 26, for a travel period in 2022, which will be the European Year of Youth. About Hungarians are eligible. According to the Vice-President for […]
In the past three days, 2,046 new cases of the disease have been confirmed and 28 have died in Hungary. Including them, the official death toll of the outbreak now stands at 30,303. The number of cured people is now 789,010, while the number of active cases has risen to 10,143 over the weekend. 715 […]
Important changes ahead in the life of the Swiss Roche Group's Hungarian subsidiary: a new managing director, Raffella Bondi has arrived at the helm of the company, which will continue its operations in the Budapest One office building. In parallel to the move, the pharmaceutical company is also moving to an agile organizational model. With […]
The weather was not kind to runners at the Budapest Marathon this weekend, but more than 3,000 people still took part in the 42-kilometer race. In the men's race, Hungary’s Péter Nagy crossed the line first in 2 hours 33 minutes and 37 seconds, while the women's race was won by Anna Borisenko from Russia, […]
For the first time, the Judit Polgár Global Chess Festival was held in a hybrid format: this Saturday's event took place both in the Hungarian National Gallery and online through two channels, focusing on the relationship between chess and education. This year's biggest innovation was the Educational Chess Summit, where participants proved that chess has […]
Consumer prices were 5.5% higher on average in September 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 0.2% on average. The central Statistical Office reports that in 12 months, compared to September 2020, […]
The Budapest Stock Exchange's share index, the BUX, closed at 53,955.85 points on Friday, up 111.26 points or 0.21%, the Hungarian state news agency MTI reports. Turnover on the stock market was HUF 7.7 billion, with leading shares performing mixed compared to the previous day's close. Zsolt Bosnyák, senior analyst at Equilor Befektetési Zrt. told […]
"Vision 2050 – Time to Transform outlines how systemic change is needed and sets out a new framework, with nine transformation pathways,” WBCSD director Julian Hill-Landolt said at BCSDH’s annual Business Lunch. The professional program of the event focused on accelerating systemic change and transition to a climate-neutral economy. Global average temperatures are already 1.2°C […]
The pace of infections is accelerating swiftly in Hungary as the fourth wave of the epidemic is gaining strength in the country. The Institute for Health Metrics and Evaluation predicts the endemic will peak in November with tens of thousands of new cases daily. Hungary is entering the fourth wave of the coronavirus pandemic with […]
11% more tourism nights were recorded in Hungary in August this year than in the same month of 2020, but 24% fewer than in August 2019, the Central Statistical Office reports. In August, domestic guests spent 1.9% more tourism nights in commercial accommodation establishments (hotels, boarding houses, camping sites, bungalow complexes and community hostels) than […]
Duna House Group reached strong volume growth during the summer months of Q3 2021. Franchise real estate brokerage grew by 20%, own office real estate brokerage by 27% and loan brokerage by 103% on a year-on-year basis. In Q3 2020, COVID-19 already had no negative influence on the real estate markets, while some negative impact […]
Lidl Hungary set a record last year, both at home and abroad, selling 28.5 million bottles of Hungarian wine in 2020, a 21% increase compared to the previous year. By selling HUF 6.3 billion worth of domestic wine to foreign markets, the discount chain accounted for 33% of total Hungarian wine exports in bottles, thus […]
