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2021

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Budapest Airport: Preparation for the Restart

D&T
May 23, 2021

In preparation for the expected traffic increase, Budapest Airport has begun recruiting manpower to be able to provide for the safe operation of the Ferenc Liszt International Airport with an appropriate number of colleagues, as moderate traffic returns. According to the latest Airport Bulletin, 114 employees have arrived in the open positions recently; 75 of […]

Shortage of Spare Parts Hinders Bicycle Production

D&T
May 23, 2021

The popularity of cycling has been further boosted by the coronavirus epidemic, while the shortage of spare parts is expected to curb bicycle production in Hungary this year, Róbert Sipiczki, President of the Hungarian Cycle Industry and Trade Association, told the Hungarian state news agency MTI. In 2020, 390,000 bicycles were produced in Hungary, the […]

Katinka Hosszú

Katinka Hosszú, Top Female Swimmer at European Championships

D&T
May 22, 2021

Hungary's Katinka Hosszú finished third in the 200-meter individual medley at the European Swimming Championship in Budapest this Saturday, which makes her the most successful female swimmer in the history of European championships. Despite the fact that this has been the first time that the three times Olympic, nine times world and 15 times European […]

More Pandemic Restrictions Lifted in Hungary

D&T
May 22, 2021

Unlike in other countries, the government in Hungary ties - from time to time - the lifting of certain pandemic restrictions to the offical number of people inoculated with at least the first dose of any vaccine against the new coronavirus infection. Thus, the five million number means the further easing the regulations. As of […]

Gedeon Richter Contraceptive Approved by the EC

D&T
May 21, 2021

The Hungarian pharmaceutical Gedeon Richter Plc. has announced that the European Commission has granted approval for the marketing authorization of the novel combined oral contraceptive containing 15 mg estetrol and 3 mg drospirenone. This decision followed a positive opinion from the Committee for Medicinal Products for Human Use (“CHMP”) of the European Medicines Agency (“EMA”) […]

Hungarian Presidency of the Council of Europe

D&T
May 21, 2021

Hungary has taken over the Presidency of the Committee of Ministers of the Council of Europe from Germany during a video-conference meeting with representatives of the Organisation’s 47 member States. Heiko Maas, Federal Minister for Foreign Affairs of Germany, gave an overview of his country’s achievements during its Presidency. The new Chair of the Committee […]

Out of the Woods?

D&T
May 21, 2021

Although Hungary’s economy contracted in the first quarter of 2021, analysts expect the country to return to growth throughout the year and predict a swift recovery from the malaise caused by the coronavirus epidemic. According to current market expectations, the nation could see GDP growth of around 6% this year. Hungarian economic output declined an […]

Successful First Quarter for Masterplast Plc.

D&T
May 20, 2021

The interim management report of the Hungarian construction materials firm Masterplast Group for the first quarter of 2021 highlights that the company achieved the highest turnover and profit so far in the seasonally weakest first quarter. In a raw material market environment plagued by continuous price increases and supply disruptions, the Group's supply chain performed […]

Renowned Hungarian Football Referee Passes Away

D&T
May 20, 2021

Hungarian Sándor Puhl, voted four times as the world's best referee, has died at the age of 65, the Hungarian Football Federation (MLSZ) has reported. Born in 1955 in the northeastern Hungarian city of Miskolc, obtained his license in 1970, at the age of 15, and since 1982, he has officiated hundreds of matches in […]

Cross-Border Bicycle Rental System

D&T
May 20, 2021

The bike rental system, which is shared by five Slovak and four Hungarian municipalities, is in many ways a real breakthrough, with 85% of the costs paid for by the European Regional Development Fund. The bicycle rental system called KOMBIbike has been inaugurated in Tata, west of Budapest. In 2020, the National Bringapark Program saw […]

CORDIA Reports Successful Year for 2020

D&T
May 19, 2021

The Hungarian real estate development firm CORDIA INTERNATIONAL Plc., member of the Futureal Group, has published its Management Report for 2020, a year when the company managed to expand further. 2020 proved to be a challenging year and Cordia International ZRt’s business model was put to the test. On one hand, the VAT increase on […]

Boating on Lake Balaton: 175th Anniversary

D&T
May 19, 2021

This year marks the 175th anniversary of boating on Lake Balaton shipping and the Balaton Shipping Company (BAHART) celebrates it with a year-long series of events. The series spans the whole year, with the slogan 'Tradition and Modernisation', expressing the commitment to preserving the values of the past and to achieving future goals. From 1 […]

Public Media Award for Dr. Katalin Karikó

D&T
May 19, 2021

Although it was awarded to her last December, it was only this week that Hungarian biochemist Katalin Karikó was able to receive the Public Media Person of the Year Award in person. The Board of Trustees of the Public Media (MTVA) awarded the recognition to the Szolnok-born research biologist and biochemist as the most modern […]

HUN Presidency of the Council of Europe on Collector Coin

D&T
May 18, 2021

The National Bank of Hungary (Magyar Nemzeti Bank - MNB) has issued a non-ferrous metal collector coin of HUF 2,000 to honor the Hungarian Presidency of the Council of Europe. It is the second time Hungary has tended to the tasks of the presidency in the international organisation representing the protection of human rights, democracy […]

Hungarian Currency Strengthening

D&T
May 18, 2021

The Hungarian currency, the forint continued to strengthen on Tuesday, with the euro falling below HUF 350 on international currency markets. However, this position is still about 33% weaker than in the spring of 2010 when the Orbán government took power. The strengthening continued after the statement by Barnabás Virág, Vice Governor of the National […]

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