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Articles by Date

June 2022

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Katalin Karikó, Member of the French Academy of Sciences

D&T
Jun 17, 2022

Katalin Karikó, an alumnus and research professor at the University of Szeged (SZTE), was elected a member of the French Academy of Sciences (Académie des Sciences), SZTE informed the Hungarian state news agency MTI on Friday. According to the press release, the inauguration ceremony, at which the biochemist and fifteen other researchers became members of […]

Another EV Battery Plant To Be Set Up in Hungary

D&T
Jun 17, 2022

W-Scope Corporation sets up its first European plant in Nyíregyháza where separator film used for lithium-ion batteries will be manufactured. The EUR 720 million project that creates 1,200 jobs qualifies as the largest investment so far announced this year. W-Scope Corporation is listed on the Tokyo Stock Exchange that deals with development, manufacturing and sale […]

World Aquatics Championships in Budapest

D&T
Jun 17, 2022

Hundreds of aquatic athletes from Afghanistan to Zimbabwe have arrived in the Hungarian capital to vie for a piece of the USD 5.72 million prize money awarded over the next 17 days at the 19th FINA World Aquatics Championships. Competitions began with artistic swimming’s preliminary rounds on Friday. The original 19th FINA World Championships were […]

Hungary Delivers Unexpected Rate Hike as Forint Weakens to Record Level

D&T
Jun 17, 2022

The National Bank of Hungary surprised markets when it unexpectedly raised the key interest rate as monetary policy setters seek to put a floor under the sliding forint. In the face of double-digit inflation and massive wage increases, the central bank has to keep raising borrowing costs to keep Hungarian financial assets competitive. The National […]

Estonia: Victory Day Celebration in Budapest

D&T
Jun 16, 2022

Members of the diplomatic community in Budapest, those of the Estonian community in Hungary and others were welcomed at the event by the Estonian Ambassador Kristi Karelsohn for whom it was also the occasion to say farewell since her tenure in the Hungarian capital expires this summer. Victory Day ('Võidupüha') is an Estonian public holiday, […]

Danube InGrid Project Continues

D&T
Jun 16, 2022

The renewal of the electricity network is continuing in the framework of the Danube InGrid project, a Hungarian-Slovak cooperation, with priority developments in Budapest and Pest County, as well as in the North-Eastern Hungary region, in the second phase of the program, which is now starting. Speaking at Thursday's public online consultation on the program, […]

Optigép Implements HUF Half a Billion Development

D&T
Jun 16, 2022

Agricultural machinery manufacturer Optigép Ltd., based in Békés, SE Hungary, is implementing a development project worth HUF 500 million, the company's managing director, János Patkás told the state news agency MTI on Thursday. He said that HUF 261 million were won in an EU tender, and the project will be financed with almost the same […]

Decarbonization Could Be Solution to the Energy Crisis

D&T
Jun 15, 2022

The energy crisis strengthens the need for security of supply, and pursuing decarbonization targets is a good way to increase energy independence. That is according to János Péter Horvát, the President of the Hungarian Energy and Public Utility Regulatory Authority (HEA). In a presentation at a joint online conference of the Hungarian Economic Society and […]

CIB Italia Soccer Camp Is Back

D&T
Jun 15, 2022

After two years of forced hiatus due to the pandemic, the CIB Italia Soccer Camp will resume in Budapest, between June 20-24 thanks to the support of Generali Foundation for Safety. This year, pupils from schools in socially less advantaged municipalities will take part in the training sessions of Italian coaches, who are coming to […]

Construction Output Volume Up on Last Year

D&T
Jun 15, 2022

Construction output volume in Hungary increased by 3.2% in one year and was down by 5.9% compared to the previous month, according to data published this Wednesdy by the country's Central Statistical Office. The volume of construction output in April 2022 surpassed the previous year’s level by 3.2%, according to raw data. Out of the […]

Weekly COVID-19 Data: 1,636 New Infections, 23 Deaths

D&T
Jun 15, 2022

The National Center for Public Health has released aggregated data for the past week. They show that 1,636 new infections were confirmed last week, roughly the same as in the previous week, bringing the total number of identified infections since the start of the outbreak in Hungary to 1,923,122. 23 deaths, mostly of elderly chronic […]

Budapest Airport: Over a Million Passengers in May

D&T
Jun 14, 2022

Ferenc Liszt International Airport reached its highest passenger volume in two years in May, with passenger traffic exceeding one million during the fifth month of the year, according to the latest airport bulletin published by the airport management company Budapest Airport. To be precise, 1,095,597 passengers used Budapest’s main airport in May, an increase of […]

Lenovo Opens Its First European Assembly Plant

D&T
Jun 14, 2022

Chinese computer producer Lenovo has opened its first European manufacturing plant in Üllő, southwest of Budapest, where it will primarily produce server infrastructure, storage systems and high-end PC workstations for sale in Europe, the Middle East and Africa, the company told the Hungarian state news agency MTI on Tuesday. The plant already employs more than […]

V4 and Ukraine Chiefs of Staff Meet in Debrecen

D&T
Jun 14, 2022

The military leaders participating in the meeting of the chiefs of staff of the Visegrád Group (V4) reviewed the topical issues of cooperation between national armies on Tuesday in Debrecen, the commander of the Hungarian Defense Forces (MH) said after the meeting. Lieutenant General Romulusz Ruszin-Szendi told journalists that the Ukrainian Chief of General Staff, […]

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