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July 2022

114 hits

Over 12,000 People Arrived from Ukraine on Saturday

D&T
Jul 3, 2022

On Saturday, 6,724 people entered Hungary at the Ukrainian-Hungarian border, while 5,408 of those entering at the Romanian-Hungarian border said they had come from Ukraine, the National Police Headquarters (ORFK) told the state news agency MTI. Of those who entered, the police issued 313 people with temporary residence permits valid for 30 days. They will […]

BUX Index Fell on Rising Turnover This Week

D&T
Jul 3, 2022

The Budapest Stock Exchange (BSE) share index (BUX) fell on rising turnover this week, closing at 39,331.33 points on Friday, down 0.21% (81.41 points) on the previous week, the state news agency MTI reported Sunday morning. Turnover rose from HUF 38.25 billion the previous week to HUF 41.03 billion, with the leading shares weakening, with […]

Main Navigation Season Kicks Off on Lake Balaton

D&T
Jul 2, 2022

The 176th main shipping season of the Balaton Shipping Company (Bahart) has begun this Saturday. The company awaits in 17 ports those who wish to sail and take excursions with renovated ships, renewed and extended timetable. According to a company statement sent to the state news agency MTI, the 58-day peak passenger season will see […]

Customer Experience: a Key Competitive Advantage

D&T
Jul 2, 2022

Customer experience (CX) is one of the most important competitive advantages for companies today, but a significant number of Hungarian companies are still at a disadvantage in this area, the Hungarian Marketing Association told the state news agency MTI. According to a Hungarian survey of companies with more than 250 employees, customer experience is part […]

CE Glass Group Expands its Plant, Production Capacity

D&T
Jul 2, 2022

The CE Glass Group has expanded its plant in Szeged, SE Hungary by 5,400 square meters in two phases and almost doubled its capacity in the production of safety glass, the company informed the state news agency MTI. According to the statement, the glass company with centuries-old family roots, formerly known as Szilánk (‘Splinter’), moved […]

MOME Mobility Design LAB

D&T
Jul 1, 2022

The MOME Mobility Design Lab, one of the most advanced vehicle design workshops in the region, was opened this Friday at the Moholy-Nagy University of Art and Design (MOME), in the presence of Mercedes-Benz Chief Designer Gorden Wagener. MOME aims to be the best and most exciting university in the Baltic to Balkan region, said […]

Magyar Telekom Switches Off its 3G Mobile Network

D&T
Jul 1, 2022

Magyar Telekom, the leading Hungarian telecommunications service provider, has announced that it has switched off its 3G network, which is no longer available anywhere as of today. The Company is also preparing for the needs of the future and will continue its multiyear network modernization program launched in 2020. The purpose of the modernization is […]

Katalin Karikó: "Ignorance Breeds Fear"

D&T
Jul 1, 2022

Internationally renowned research biologist Katalin Karikó, the Hungarian biochemist who played a significant role in developing the medical technology of mRNA-based vaccines with her discoveries, had been chosen as a recipient of an honorary doctorate by Eötvös Loránd University (ELTE) in Budapest. The awarding ceremony, followed by a scientific symposium honoring Katalin Karikó at the […]

Hungary Delivers Steepest Rate Hike Since 2008 Global Crisis

D&T
Jul 1, 2022

The National Bank of Hungary delivered the biggest rate cut since 2008, surprising the markets with the size of the move. The monetary decision came after the forint weakened to levels never seen before. The Hungarian central bank raised the base interest rate by 185 basis points to 7.75% this week and policy makers aligned […]

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