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April 2022

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War in Ukraine: Demonstrations in the Hungarian Capital

D&T
Apr 30, 2022

Early afternoon on Saturday, pro-Russian and pro-Ukrainian solidarity demonstrations were organized roughly at the same time in the center of Budapest, not too far from each other. Organized by the Hungarian Ukrainian Cultural Association and the Unity Ukrainian Association, more than a thousand people arrived at Deák Square at 1 pm to protest against the […]

Direct EU Funding to Budapest for Green Development

D&T
Apr 30, 2022

The European Commission is directly funding green developments in the Hungarian capital, as part of a mission to aid achieving the 2030 climate goals in a hundred cities in Europe, Budapest Mayor Gergely Karacsony has announced. As the Hungarian state news agency MTI reports, the European Union's Climate-Neutral and Smart Cities mission is also supporting […]

Hungarian Population Continues to Decrease

D&T
Apr 30, 2022

In March 2022, 6,970 children were born and 11,746 people died according to preliminary data published by the Central Statistical Office. In the last twelve months, between April 2021 and March 2022, the number of births diminished by 2.2% and that of deaths by 0.9%, while the number of marriages increased by 5.2% compared to […]

Modern Wood-Based Material Plant in Vásárosnamény

D&T
Apr 29, 2022

Production volume of SWISS KRONO Ltd., a company specialized for producing OSB (Oriented Strand Board), is projected to more than double thanks to a EUR 6.5 million investment at its site in Vásárosnamény, NE Hungary, that is expected to be completed by September 2023. About 15% of the investment cost is covered by Hungarian taxpayers, […]

Budapest Airport Awards its Partners

D&T
Apr 29, 2022

Budapest Airport, the operator of the Hungarian capital's Ferenc Liszt International Airport, presented its partner awards at a grandiose gala event similar to previous years. At the event organized in Terminal 1, the airport operator honored, among others, its most outstanding commercial, airline, environmental, cargo and media partners, who made a significant contribution to Ferenc […]

Hungary’s Top Banker Sees Need for Severe Austerity Measures

D&T
Apr 29, 2022

Sándor Csányi, chairman of Hungary’s largest commercial bank OTP, warned that the Hungary needs a budget adjustment of up to HUF 1,700 billion. The war in the Ukraine, international energy prices and the outcome of Hungary’s standoff with the European Union will decide the exact extent and nature of the budget adjustment, according to Csányi. […]

Japanese Government Recognition for József Király

D&T
Apr 29, 2022

The Government of Japan has announced the Spring 2022 Honors for foreigners, including an order of merit to József Király in Hungary. According to the statement, the Honorary President of the Kecskemét-Aomori Friendship Circle has been awarded ‘The Order of the Rising Sun, Gold and Silver Rays’ for his contribution to the promotion of regional […]

Unprecedented Year of Success at Masterplast

D&T
Apr 28, 2022

Favorable construction demand, raw material supply constraints and price rises characterized the market in 2021, where the Masterplast Group, leveraging its stable supply chain, efficient inventory policy and strong market position, achieved an outstanding result, according to the 2021 annual report by the leading insulation material and construction industry product producer-distributor company in the Central […]

Bürkle Opens Plant in Debrecen

D&T
Apr 28, 2022

Bürkle Hungary Ltd.’s new machine manufacturing plant was inaugurated in Debrecen, E Hungary as a result of a EUR one million investment that is projected to create 20-30 new jobs. The Germany-based Robert Bürkle Group, a world leading specialist in surface technologies, can now produce on an area of over 5,000 sqm at its Hungarian […]

Life-Inspired, Disturbing Films at the LUX FILM DAYS

D&T
Apr 28, 2022

From May 11 to 13, the European Parliament and the European Film Academy will once again screen films nominated for the LUX Audience Prize, the renewed joint film prize of the European Parliament and the European Film Academy, at the Uránia National Film Theater in Budapest. The films, which reflect on important social issues, are […]

Tungsram to Discontinue Traditional Lamp Production

D&T
Apr 27, 2022

Tungsram will stop manufacturing traditional lighting products and will lay off 1,600 workers in several phases by the end of the year, the company told the state news agency MTI on Wednesday. According to the statement, the technological change is unavoidable, and the planned redundancies will mostly affect factory workers in all five factories. The […]

Rule of Law Mechanism Formally Started Against Hungary

D&T
Apr 27, 2022

The European Commission on Wednesday initiated against Hungary a never-before-used procedure, the rule of law mechanism, that could see the Hungarian government stripped of funding for flouting democratic standards. As the Hungarian state news agency MTI reports, Johannes Hahn, the EU Commissioner for Budget and Administration, was authorized to send a written notification to Hungary […]

Fuel and Food Price Freeze Extended Until July 1

D&T
Apr 27, 2022

The Hungarian government has decided to extend the price restrictions on fuel and certain food products until July 1, PM Viktor Orbán announced this Wednesday. He said in a video on social media that the government had discussed the issue of fuel and food prices at its meeting on Wednesday. He stressed that prices are […]

MOL Launches the Production of Green Hydrogen

D&T
Apr 27, 2022

The Hungarian oil and gas company MOL builds one of the largest capacity green hydrogen plants in Europe in Százhalombatta, just south of Budapest. This investment of EUR 22 million allows MOL to produce 1,600 tons of green hydrogen annually with the help of renewable electricity and enables about 25,000 tons of CO₂ saving. MOL […]

Hungarian Press Photo Contest 2022

D&T
Apr 26, 2022

The winners of the 40th Hungarian Press Photography Competition were announced and the prizes handed over at the opening of the 40th Hungarian Press Photography Exhibition in Budapest on Tuesday. The Grand Prize of the National Association of Hungarian Journalists (MÚOSZ) for the most outstanding achievement was awarded to János Bődey (Telex news site) for […]

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