The last month of the summer was characterized by increasing passenger numbers and stable cargo traffic at the Hungarian capital's Ferenc Liszt International Airport. The gateway handled 702,524 passengers in August, which constitutes a 78% growth from the same period of 2020. Thus, a total of 1,507,079 passengers used the airport during the three summer […]

Balaton cheese, produced by Balaton cheese, produced by Vászolyi Cheese, was the only Hungarian brand to receive a gold medal from the French jury at the Mondial du Fromage. Cheese, was the only Hungarian brand to receive a gold medal from the French jury at the Mondial du Fromage. The award was handed over to […]

Schaeffler Savaria's second plant was handed over in Szombathely, the Hungarian Investment Promotion Agency reports. The investment is a new facility realizing the development and production of powertrains for electric vehicles, built on a 30-hectare area three kilometers from the old factory with a greenfield investment. As the first electromobility plant of the Schaeffler Group, […]

Hungary raised the equivalent of EUR.4. billion in foreign-currency bonds this week in one of the largest FX debt issuance in the country’s history. The move suggests the government expects the dispute with the European Union over funding to drag on. Hungary sold USD 2.25 billion in 10-year dollar bonds, USD 2 billion in 30-year […]

The Municipality of Budapest, Political Capital and the CEU Institute for Democracy held a major annual international conference, the Budapest Forum on Building Sustainable Democracies. Taking place on the margins of the conference, the Pact of Free Cities mayors' summit saw the alliance expanded with new members. Held at the New Town Hall, the meeting […]

The world's first bitcoin sculpture, created by Hungarians Réka Gergely and Tamás Gilly commemorates the founder of the bitcoin cryptocurrency and the blockchain technology behind it, Satoshi Nakamoto. The sculpture was unveiled in Graphisoft Park, Budapest. The work of art honors the mysterious cryptocurrency creator Satoshi Nakamoto, a pseudonym for the Bitcoin inventor or inventors, whose […]

Hanon Systems, one of the world's largest automotive air conditioning suppliers, has set up a new plant in Pécs as part of a greenfield investment. The new manufacturing facility increases production capacity for fluid transport products. The volume of the development is almost EUR 36 million, over 20% of whcih is borne by Hungarian taxpayers […]

With more than one hundred and fifty programs in thirty venues, the Budapest Autumn Festival is a renewed event in the capital between September 26 and October 10. The Hungarian news agency MTI quotes, Erzsébet Gy. Németh, the Deputy Mayor of Budapest responsible for the human fields as saying at the festival's press conference in […]

World-class material will be on display at the Museum of Fine Arts where the exhibition "Amenhotep II and his agee - The discovery of the tomb of Pharaoh" opens this Friday in the Hungarian capital. The exhibition presents the age of Egyptian pharaoh Amenhotep II and the sensational discovery of his tomb with the life-size […]

The volume of construction output in July 2021 surpassed the level one year earlier by 22.5% according to raw data. However, the figure was down by 0.4% compared to the previous month, the Central Statistical Office reports. In July 2021, compared to the same month of the previous year:Output rose in both main groups of construction: […]

The revenue of the AutoWallis Group was HUF 97.7 billion, exceeding the revenue for the comparative period of 2020 by 156% despite the restrictions imposed and maintained due to the third wave of COVID-19, partly as a result of the transactions conducted in 2020. The sudden and dramatic decline in the revenue of rent-a-car activities […]

Construction of the SEMCORP Group's first production unit outside China begins with the laying of the foundation stone of the poduction plant producing lithium-ion battery separator films (LiBSF) in Debrecen, NE Hungary. Operational production will be launched in the first quarter of 2023. Their products are used in technical devices including electric vehicles in large […]

Many people expect to be able to re-enter certain places only after they have confirmed that they have been vaccinated against, or have previously survived, the coronavirus infection. 79% of Hungarians believe that the presentation of the immunity certificate card will soon be more widespread again. They think that in the fall, hotels, restaurants and […]

Tube packaging manufacturer Hoffmann Neopac is doubling its toothpaste tube production capacity in Debrecen. Under the project, two new production lines will be installed, which represent a unique technology manufactured by the company's own patent. With the help of this technology, the company manufactures toothpaste tubes for its premium dental customers as their exclusive supplier. […]

The number of suicides saw a big jump in Hungary in 2020: 1,706 people took their own lives, compared to 1,550 in 2019. This is a 10% increase, the highest since the change of regime, the news site 444.hu reports. Beforehand, there were annual increases of 2-3% at most, for example in the 1990s and […]