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May 2022

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Love Concert for Peace, for Ukraine, for Transcarpathia

D&T
May 23, 2022

Eight aid organizations invited the most renowned artists of the Hungarian music scene to perform a joint charity concert to promote peace and love. At Sunday evening's concert at the Papp László Budapest Sport Arena, the performers were accompanied by the Danubia Orchestra and young Russian and Ukrainian musicians studying in Hungary. People in Hungary […]

New Museum of Ethnography Inaugurated

D&T
May 22, 2022

The new building of the Museum of Ethnography, which was built in the framework of the Liget Budapest project at the gateway to the City Park, was inaugurated on Sunday afternoon. It opens to visitors on Monday with temporary and permanent exhibitions. The project's Ministerial Commissioner, László Baán was of the view that the Liget […]

BUX Rose This Week Amid Falling Turnover

D&T
May 22, 2022

The Budapest Stock Exchange's (BSE) share index, the BUX, rose to 41,779.48 points on Friday, up 523.78 points or 1.27% on the previous week, the state news agency MTI reported this Sunday morning. Weekly turnover fell from HUF 70.882 billion to HUF 68.313 billion, with leading shares performing mixed.  The BUX saw significant fluctuations during […]

Korea Day in Budapest

D&T
May 21, 2022

The Korean Cultural Center in Budapest celebrated its 10th anniversary with a free all-day cultural festival at the Millenáris Events Center this Saturday. The organizers welcomed everyone who would like to learn more about Korean culture. The event offered cultural activities for all ages. On the main stage, the organizers prepared traditional as well as […]

Győr-Sopron-Ebenfurt Railways Celebrates 150 Years

D&T
May 21, 2022

The Győr-Sopron-Ebenfurt railway company (GYSEV) is celebrating 150 years of its foundation this year, and to mark the occasion, the commemorative engine GYSEV150 has officially been inaugurated: the Siemens Taurus is covered with a sticker. The graphic features the number 150, the year 1872, the year of foundation, and the GYSEV150 logo, created by GYSEV […]

Collector Coins Commemorate the Golden Bull of 1222

D&T
May 20, 2022

Named “II. András Aranybullája” (The Golden Bull of Andrew II of Hungary), the Magyar Nemzeti Bank is issuing a small-sized gold coin at a face value of HUF 10,000 and a non-ferrous metal coin at a face value of HUF 5,000, which is the same size as the seal on the Aranybulla, in Esztergom to […]

Semmelweis University and Roche: Cooperation Agreement

D&T
May 20, 2022

A strategic cooperation agreement between Semmelweis University and Roche Hungary, a healthcare company at the forefront of biotechnology and diagnostics, will bring significant advances in R&D activities, particularly in the fields of oncology, haematology, immunology, neurology and ophthalmology. The research projects can greatly contribute to the treatment of rare and serious diseases, as well as […]

Hungary seeks domestic ownership in key sectors, may levy special taxes

D&T
May 20, 2022

Hungary’s incoming government faces some of the biggest economic challenges of the last decade as rampant energy prices may force it to abandon state-imposed price caps, while global disruptions are denting prospects for growth. The new Orbán government may again deploy unorthodox economic measures to guard fiscal stability and prop up the economic outlook. Prime […]

The Largest Beer Producers' Turnover Below 2019 Levels

D&T
May 20, 2022

In the first four months of this year, the production of the five largest Hungarian beer producers was 1.6 million hectoliters and their domestic sales 1.7 million hectoliters, the former 8 % and the latter 4 % lower than in the same period of 2019, the director of the 30-year-old Association of Hungarian Brewers, Sándor […]

Interest in Electric Cars Growing in Hungary

D&T
May 19, 2022

One in three Hungarian drivers is considering buying an electric car because of its lower maintenance costs and lower emissions. That is according to a representative survey conducted by the international consultancy firm Ernst & Young (EY). Results of the survey sent to the state news agency MTI suggest that 80% of Hungarians have never […]

Euronics Opens Robotized Warehouse in Üllő

D&T
May 19, 2022

The Euronics technical goods chain has opened a robotized warehouse in Üllő, just outside Budapest where the HUF 1.6 billion investment has doubled the warehouse space and, thanks to automation, the dispatch of goods is about 30% faster. A statement sent by the company to the state news agency MTI stresses that the artificial intelligence-controlled […]

Gum-Tech Ltd. Expands Tool Park In Lajosmizse

D&T
May 19, 2022

Gum-Tech Ltd., a company based in Cegléd, SE of Budapest, has expanded its capacity with a rubber products production line with an investment of about HUF 340 million, the company told the state news agency MTI. According to the company's statement, the branch was developed with the help of the HUF 170 million EU support […]

Interchurch Aid Ukrainian Refugee Center in Budapest

D&T
May 18, 2022

In addition to its internationally significant humanitarian role in Ukraine, the Hungarian Interchurch Aid (HIA) is also a major participant in refugee aid work in Hungary. In order to provide more efficient and complex assistance to those in need arriving in Hungary from Ukraine, the Taipei Representative Office is supporting the establishment of a refugee […]

Craft Beer Celebrated Across Hungary This Weekend

D&T
May 18, 2022

Hungarian small-scale breweries will be hosting a free nationwide event on Saturday, May 21, with beer tastings, brewery demonstrations and colorful programs. Now in its fourth year, the Open Breweries Day will feature 24 Hungarian breweries and several new beers brewed for the occasion will also be on offer. In addition to tasting and buying […]

Weekly COVID-19 Data: 103 Dead, 4,749 New Infections

D&T
May 18, 2022

After one week, Hungarian authorities have again published data on the government coronavirus information page on the number of fatalities, new infections, those hospitalized, etc. A total of 4,749 new infections were confirmed last week, bringing the total number of identified infections since the beginning of the epidemic to 1,914,697 in this country. In the […]

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