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 […]
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 […]
The shock-absorbing capacity of the Hungarian banking sector remains strong. In the second half of 2020, the sector’s capital position improved further, while banks’ liquidity continued to rise even from its previous high level, according to an analysis by the National Bank of Hungary (MNB). The banking system is characterised by a balanced funding structure […]
The British Chamber of Commerce in Hungary (BCCH), which is 30 years old this year, has held its annual general meeting. Duncan Graham was re-elected President of the organization and the Chamber Council was strengthened with several new members, according to a Hungarian language press release by BCCH. In view of the favorable development of […]
In May, Suzuki again registered the highest number of new passenger cars sold in Hungary: 1,564 vehicles, 13 more than in April. This means that it has gained 14.62% of the market, the business daily Világgazdaság reports. The newspaper notes that compared to the last two years, the brand had the largest share in May […]
Gedeon Richter Plc. has announced that it extended its existing licensing agreement with AbbVie, originally dated 2004, for the development and commercialization of its own-developed molecule, cariprazine. The initial agreement covered the territories of the USA and Canada and was extended in 2019 to include certain countries in Latin America. The present agreement further expands […]
The volume of gross domestic product lessened by 2.1% in Hungary in the first quarter of 2021 compared to the corresponding period of the previous year, the country's Central statistical Office reports. According to seasonally and calendar adjusted and reconciled data, the performance of the economy became 2.0% higher than in the previous quarter and 1.6% […]
Two rare bottles of wine from Hungary’s famous Tokaj wine region, created by its original winemakers, the Zimmerman family in 1889 is to be offered at auction. Two bottles of incredibly rare 1889 ‘Tokaji Essencia, Zimmerman Lipot’ from Hungary’s most renowned wine region Tokaj and from the most famous family to produce it, will be […]
The Hungarian Marketing Association (MMSZ) has launched the Marketing Talent Award as the most important task of marketing is to drive the economy, which requires sustainable and innovative solutions, and the marketers of the future have a key role to play in this. The Marketing Talent Award, co-founded by HEINEKEN Hungária Zrt. and Magyar Telekom […]
A memorial to victims of the deadly boat collision on the River Danube which took the lives of many South Korean tourists was inaugurated on Monday at Margaret Bridge, marking the second anniversary of the disaster. A memorial to victims of the deadly boat collision on the River Danube which took the lives of many […]
If we do not change our lifestyles, food will be responsible for the largest share of emissions by 2030. Every year, 931 million tons of food waste is generated by households, retailers and other food processes. It is therefore not surprising that 8% of global greenhouse gas emissions are caused by food ending up in […]
Five patients died in Hungary in the past 24 hours, bringing the total official number of deaths to 29,733 in this country according to the relevant government website. The number of cured persons is steadily increasing and now stands at 700,236, while the number of active infected persons has decreased to 74,569. 156 new cases […]
The country's first fragrance museum was inaugurated in the Herb Garden of the Pannonhalma Abbey on Sunday, offering an insight into the thousand-year-old Benedictine monastic herbal culture. In the Herb Garden's building 'A', the exhibition spaces of the show manufactory were created and the new essential oil distillation equipment was installed. Building 'B' of the […]
A biotechnological process that has been known for a long time and used all over the world has been extended and made more economical and environmentally friendly by the collaborative research groups of the Department of Biotechnology and the Institute of Plant Biology of the University of Szeged. According to the new recipe, willow is […]
In the first quarter of 2021, the real estate business Duna House Group has significantly improved its profitability, while its EBITDA (earnings before interest, taxes, depreciation, and amortization) to sales ratio increased to 17%, while its clean core EBITDA reached HUF 471 million, which is 27% higher than in Q1 2020. A report on the […]
