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2021

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COVID-19: Indian Variant Identified in Hungary

D&T
May 29, 2021

The Covid-19 variant first identified in India has been detected in Hungary, chief medical officer Cecília Müller has announced. Of the two patients identified with the variant, one has already recovered and the other is treated in a hospital, but does not need a ventilator, she said. Cecília Müller said that one of the two […]

CEE Shines in Light of COVID-19

D&T
May 28, 2021

East Central Europe outperformed other EU countries in 2020 in terms of economics, hopefully returning to a strong income convergence to Western Europe in 2021, according to the report presented by Skanska and SpotData. The report presents 100 most important economic trends in Poland and the CEE region at the threshold of 2021 opportunities and […]

Budapest Airport: 2020, the Most Difficult Year Ever

D&T
May 28, 2021

After the best year ever in terms of passenger traffic, 2020 was the most difficult year ever financially for Budapest Airport. The company ended the financial year with a loss of 110 million euros. In spite of the unprecedented difficulties, however, the operation and financing of the company remain continuously stable and its continued liquidity […]

Hungary’s Central Bank Lays Groundwork for Monetary Tightening

D&T
May 28, 2021

Hungary’s central bank indicated this week it was planning to raise interest rates amid widespread market expectations for policy makers to affirm rate-hike plan. The interest rate hike, needed to stem soaring inflation, would be the first in the European Union since the outbreak of the pandemic. The National Bank of Hungary said this week […]

Over 140,000 Hungarians Seeking to Stay in Britain

D&T
May 27, 2021

So far, 140,460 Hungarian nationals have applied for permanent residency in the United Kingdom, according to figures published by the British Home Office on Thursday. Foreign nationals in Britain who had legally established residence in the country before the end of 2020 will be allowed to stay, but they are required to apply for resident […]

Housing Market Prognosis by the National Bank

D&T
May 27, 2021

In 2020, the effects of the pandemic were reflected in a decline in the number of transactions, rather than in developments in house prices. The number of transactions fell by 15.5%. In Budapest, they declined even more sharply, by 25.1%. Although domestic house prices rose further on a national average, the annual nominal growth rate […]

AutoWallis: 142% Increase in Revenue

D&T
May 27, 2021

Despite the adverse impact of the third wave of the coronavirus pandemic, both the distribution and retail and services business units of the listed automotive company AutiWallis demonstrated significant growth in the first quarter of 2021. The company's management report says the growth surpassing the targets set in the strategy published in 2019 can be […]

Dachser: Profit Increase at Hungarian Subsidiary

D&T
May 26, 2021

German Dachser's Hungarian subsidiary achieved a nearly 50% higher profit after tax in 2020 compared to the previous year, the company's management said at an online press conference on Wednesday. Liegl & Dachser Transport and Logistics Ltd., which predominantly sells for export, employed nearly 280 people and achieved a net turnover of HUF 22.6 billion […]

Hungarian Cities Losing Population

D&T
May 26, 2021

The population of Budapest fell by almost 13,000 in 2020, and there were fewer people living in the county capitals in January 2021 than a year before. In the agglomerations of the cities concerned, however, many settlements grew. At the same time, as a sudy by the real estate site ingatlan.com suggests, many settlements in […]

Number of Active Infections Below 100,000 in Hungary

D&T
May 26, 2021

213 new infections were registered in the past 24 hours, bringing the total number of identified infections in this country since the beginning of the epidemic to 802,723 , according to koronavirus.gov.hu. 41 patients have died over the same period, bringing the total official number of deaths related to the new coronavirus infection to 29,622. […]

Hungarian police contingents to leave Serbia and North Macedonia

Hungarian Police Units to Serbia and North Macedonia

D&T
May 25, 2021

New Hungarian police contingents left for northern Macedonia and Serbia on Tuesday to assist border police operations, the state news agency MTI reports. The communication service of the Hungarian Police Headquarters (ORFK) announced in a statement on police.hu that the Hungarian police is committed to preventing illegal migrants from entering Hungary and the European Union. […]

Benyovszky Memorial Year Begins

D&T
May 25, 2021

Scientific publications, conferences, new Benyovszky sculptures, a commemorative stamp issued by the Hungarian Post Office and the premiere of a musical about Benyovszky are also part of the program of the Benyovszky Memorial Year, organised to mark the 280th anniversary of the birth and 235th anniversary of the death of Hungarian adventurer and explorer Móric […]

Dr. Katalin Karikó with the Semmelweis Prize

Biochemist Katalin Karikó Awarded the Semmelweis Prize

D&T
May 25, 2021

Hungarian biochemist Katalin Karikó, whose decades of work with mRNA technology was instrumental in the development of COVID-19 vaccines, was awarded the Ignác Semmelweis Prize in Hungary. In her acceptance speech, the scientist vowed to continue her research, saying that it was crucial to find cures for diseases that had to be "pushed to the […]

Budapest Congress and Exhibition Center

Budapest Congress and Exhibition Center to Re-Open

D&T
May 24, 2021

Hungexpo is preparing for the opening in full swing, and will welcome exhibitors and visitors again in the Budapest Congress and Exhibition Center from September, Gábor Ganczer, CEO of Hungexpo Plc. told the state news agency MTI. He pointed out that they have developed an application to make the entrance touch-free. The entry gates can […]

Improving Pandemic Figures in Hungary

D&T
May 24, 2021

There have not been so few new infections in Hungary for nine months as in the past 24 hours, according to daily epidemiological data. However, the number of daily fatalities per population in the pandemic still features this country amon the world in the world. 258 new cases of the coronavirus have been identified, bringing […]

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