Consumer prices were 7.9% higher on average in January 2022 than a year earlier. The last time the inflation was higher was in August 2007. The highest price rises over the last 12 months were measured for motor fuels as well as food. In one month, consumer prices increased by 1.4% on average, the Central […]
Similarly to Turkish Şişecam Automotive, Italian Novation Tech, also engaged in the automotive sector, also announced its latest investment this week as well. Close to 35% of the HUF 1.3 billion investment cost is covered by Hungarian taxpayers through a government decision. The project that promises to create at least 50 jobs is also related […]
The Organization for Security and Co-operation in Europe said that Hungary’s general elections scheduled for April 3 should be monitored by a full-scale international election observation delegation. The unusual recommendation for a European Union member country comes after political analysts warned of the risk of rigged elections in the country, claims that were strongly refuted […]
To counter the economic effects of the pandemic, competitiveness boosting programs have been gradually launched under government subsidy schemes (VNT) in Hungary which triggered developments in up to 30 different industries. Turkish Şişecam Automotive announced its latest investment this week related to the most recently initiated VNT3 incentive improving schemes which concern capacity expansion and […]
Hungary's first electrically powered container truck rolled out of the METRANS railway terminal in Csepel in southern Budapest this Thursday. According to a press release sent to the state news agency MTI, the environmentally friendly DAF e-camion belongs to the fleet of WIN Capital Ltd., the road transport partner of the METRANS Group, which is […]
An exhibition of the life of Árpád Göncz, the first President of the Republic after the regime change, was opened on Thursday in the City Hall Park in Budapest on the occasion that he would be 100 years old today. Speaking at the opening, Budapest Mayor Gergely Karácsony said that "Árpád Göncz knew us like […]
Hungarian physicist Ferenc Krausz has been awarded the prestigious science distinction Wolf Prize for his pioneering contributions to ultrafast laser science and attosecond physics. Ferenc Krausz is director at the Max Planck Institute of Quantum Optics and chair of Experimental Physics - Laser Physics at Ludwig Maximilians Universität München in Germany. In 2001, Ferenc Krausz […]
January produced good figures at Ferenc Liszt International Airport. Recovering passenger traffic is already approaching 60% of the pre-pandemic level of 2019, while the volume of air cargo has remained stable at over 15,000 tons, according to the airport's latest bulletin. In the first month of the year, a total of 562,635 passengers used Budapest […]
101 chronic patients, mostly elderly, have died in the past 24 hours, bringing the official total number of deaths in this country to 42,170, according to the government website koronavirus.gov.hu The report says 13,932 new cases of coronavirus have been confirmed, bringing the total number of identified infections to 1,671,547 since the beginning of the […]
Energy ministers of the Visegrad Group - the Czech Republic, Hungary, Poland and Slovakia - discussed the planning and establishment of a European hydrogen ecosystem at a meeting in Budapest on Tuesday. At the first V4 working meeting, the countries of the group shared their views on the creation and design of a European hydrogen […]
A new manufacturing center will be established by Wellis Magyarország Plc. for a EUR 5.7 million investment. As a result of the project to be implemented in Ózd, 100 new jobs will be created thanks to which the company can increase its global market share in the hydro massage pool segment. Over 30% of the […]
The deaths of 94 mostly elderly, chronic patients in the past 24 hours brought the total number of deaths to 42,069, according to the related government website koronavirus.gov.hu. 7,053 new cases of coronavirus have been confirmed, bringing the total number of identified infections to 1,657,615 in this country since the beginning of the epidemic. The […]
Sándor Liu Shaolin, reprsenting Hungary, could feel Olympic champion for three minutes in the men's short track speed skating 1000-meter race, but after video review it was ruled that he had committed two fouls and was disqualified. Still, a Hungarian medal was won as his younger brother Liu Shaoang finished third. The final had to […]
Erzsébetváros ('Elizabethtown'), Budapest's smallest district and at the same time that of the largest population density, turns 140 this Monday. It was on February 7, 1882, that is, exactly 140 years ago today that the name of the 7th district, which had been separated from Terézváros (today's District 6) and named after the beloved Queen […]
A total of 33,716 new infections were confirmed over the weekend (Friday to Sunday) in Hungary, bringing the total number of identified infections to 1,650,562 since the beginning of the epidemic, the government information portal said. In the past three days, 234 patients have died, bringing the official total number of deaths to 41,975. The […]
