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2021

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Budapest Airport Receives Excellent Ratings

D&T
Jan 27, 2021

The developments implemented at Ferenc Liszt International Airport have resulted in a clearly perceptible increase in service quality – this is the conclusion from the international passenger satisfaction survey (ASQ) carried out during the last quarter of 2020.  As part of the survey, travelers rated the services used at the airport, based on 37 different […]

Lifting the Hurdles

Csaba Wolf
Jan 27, 2021

An important agreement between the European Union and the People's Republic of China was announced on December 30, 2020. After seven years of negotiations and presentation of arguments, the detailed fundamentals of the EU-China Comprehensive Agreement on Investment (CAI) were laid between the parties. The agreement aims to balance the investment environments and conditions in […]

AmCham Hungary Releases Policy Agenda

D&T
Jan 26, 2021

The American Chamber of Commerce in Hungary (AmCham Hungary) has released its new Policy Agenda, the strategic guideline to the organization’s advocacy work for 2021-2025. A statement by AmCham says the Policy Agenda – the third publication of its kind since 2015 – elaborates on those areas where AmCham believes changes can and should be […]

Aiding the Economy to Become Carbon Neutral by 2050

D&T
Jan 26, 2021

The Net Zero Advisory Board has been formed in a uniquely wide collaboration with renowned experts, the primary goal of which is to promote and accelerate the process by which the Hungarian economy can become carbon neutral by 2050, thus taking an important step to stop climate change. The Advisory Board is a cross-sectoral collaboration […]

Vodafone to Advance Digital Skills and Education

D&T
Jan 25, 2021

Hungary is one of the recipient countries in the latest Vodafone Foundation program to expand digital skills and education programs by funding local initiatives. Coinciding with the International Day of Education, Vodafone has announced an investment of EUR 20 million to expand Foundation digital skills and education programs by funding local initiatives in Albania, the […]

Over 12,000 COVID-19 Fatalities in Hungary

D&T
Jan 25, 2021

Although, the number of COVID-19 fatalities (56) was much lower in the past 24 hours than in the previous weeks, the official number of deaths related to the new coronavirus infection is now 12,024. The new coronavirus infection was detected in another 844 Hungarian citizens, increasing the official number of infected people identified in Hungary […]

Business Climate Index Up but Still Low in Hungary

D&T
Jan 24, 2021

The GKI business climate index rose markedly in January. It has reached its highest level since the start of the epidemic, but made up just over half of its April fall. According to a survey conducted by the Budapest-based GKI Economic Research with the support of the EU, business and consumer expectations also improved in […]

Plans to Improve Financing the Renewable Energy Sector

D&T
Jan 24, 2021

The National Bank of Hungary (MNB) has published a study and discussion paper focusing on the challenges and opportunities for the financing of the Hungarian renewable energy sector. According to a statement by the bank, MNB's newly introduced preferential capital requirements for green corporate financing may also help the development of this sector. The national […]

Hungarian Women Qualify for the Olympics in Water Polo

D&T
Jan 23, 2021

The Hungarian women's water polo team has qualified for the Tokyo Olympics by beating host nation Italy 13-10 this Saturday at the Olympic qualification tournament in Trieste. In the semifinal of the competition organized by the international aquatics federation FINA, the Hungarians took a 3-0 lead early in the match and later increased it to […]

A Telemedicine App Selected as App of the Year

D&T
Jan 23, 2021

In 2020, the Application of the Year award in the competition announced by the Hungarian Marketing Association was won by DokiApp. With the help of the telemedicine application, one can consult a doctor or psychologist at any time of the day, after just a few minutes of waiting. Developers could enter the competition with applications […]

Hungarian Football Federation: 120th Anniversary

D&T
Jan 22, 2021

It was 120 years ago, in January 1901 that the representatives of 13 football clubs gathered in Budapest and decided to establish an independent association for the organization of football in Hungary. A well-known writer-philosopher, Géza Jász was elected as the president of the Hungarian Football Federation (MLSZ), and the first championship was immediately announced. […]

In High Demand

D&T
Jan 22, 2021

Local demand for IT professionals has doubled over the past five years with employers seeking to hire as many as 44,000 digital professionals in the medium term, according to a recent study. However, the increasing shortage of computer scientists is set to leave many IT-reliant enterprises scrambling to meet their business objectives. A recently published […]

Heavy Fall in Demand on the Budapest Office Market

D&T
Jan 22, 2021

The Budapest Research Forum, which comprises the real estate firms CBRE, Colliers International, Cushman & Wakefield, ESTON International, JLL and Robertson Hungary, has published its Q4 2020 office market summary. In the fourth quarter of 2020, 38,850 sqm of new office space was delivered to the Budapest office market in four schemes. Váci Greens E […]

Thyssenkrupp: Engineering Service Center in Veszprém

D&T
Jan 21, 2021

The German multinational conglomerate Thyssenkrupp launches another electromobility-related development project in Veszprém, W Hungary where the company will establish an engineering service center with an investment of slightly over EUR 6 million. The Hungarian government is to cover 35% of the investment costs of the project that promises to create 80 new engineering positions within […]

Daily Number of Infections Back Over 1,400 in Hungary

D&T
Jan 21, 2021

1,410 new infections were officially registered in Hungary in the past 24 hours, bringing the total number of infected to 355,662, the government website koronavirus.gov.hu reported on Thursday. Another 98 Hungarians, generally elderly patients suffering from an underlying illness, fell victim to the new coronavirus infection by Thursday. thus, the official death toll has risen […]

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