Aggregated data published on the related government website koronavirus.gov.hu show that 42 patients died over the past week. They were mostly elderly and chronic patients, bringing the official total number of deaths as a result of the new coronavirus pandemic to 47,409. A total of 11,596 new infections were confirmed last week, bringing the total […]
The new US Ambassador to Hungary, David Pressman, had a "productive conversation" with the President of the Republic of Hungary when he handed over his credentials. New US Ambassador to Hungary David Pressman said he was honored to present his credentials to President Katalin Novák at the Sándor Palace on Wednesday. The diplomat shared several […]
A Hungarian military contingent, partly composed of reservists, begins its six-month duty in Iraq. The 139 soldiers were bid farewell on Wednesday in the main square of Nyíregyháza, NE Hungary, in the presence of their relatives and military leaders. This is the first contingent in the history of the Hungarian Defense Forces to be made […]
Premiere ride in the new hydrogen train: Dr. Roland Busch, CEO of Siemens AG, Dr. Richard Lutz, CEO of Deutsche Bahn, and Hartmut Höppner, State Secretary in the Federal Ministry for Digital and Transport (BMDV), were taking their first ride in the Mireo Plus H hydrogen recently, a press release by Siemens reports. The train’s […]
A new exhibition of the works of János Vaszary, a foremost master of Hungarian fine art distinguished by great stylistic diversity, opening in the Hungarian National Gallery this Wednesday, presents seventy paintings out of which twenty-four were previously unknown to the public as well as to professionals. The paintings encompass virtually the entirety of Vaszary’s […]
The foundation stone of Bosch’s new building complex of 3,500 sqm has been laid in Zalaegerszeg, SW Hungary. The facility that will be home to 200 engineers tasked to research and test technology related to autonomous driving, e-mobility and artificial intelligence (AI), the Hungarian Investment Promotion Agency reports. The EUR 11.4 million project, close to […]
According to the Hungarian Energy and Public Utility Regulatory Authority (MEKH), users charged almost 130% more energy into vehicles at public electric charging stations in the first quarter of this year than in the first three months of 2021, and the number of charging stations increased by 29% in a year. The number of public […]
In the last quarter of this year, 26% of companies operating in Hungary plan to lay off workers, the employment agency ManpowerGroup said on Tuesday, the state news agency MTI reports. According to a survey by the recruitment agency, half of domestic companies are not planning any changes, but only a fifth of them plan […]
Erste Bank Hungary contributes to the financial health of its employees with extra financial benefits and an early pay rise. In September, all eligible employees of the financial institution also received EUR 350 from the Austrian parent bank. A press release by the company says that in view of the rising cost of living due […]
Polish online media group Wirtualna Polska Holding will buy Hungarian tourist platform operator szallas.hu from the Hungarian private equity and venture capital PortfoLion Capital Partners for an estimated EUR 82 mn, the company said in a press release. The price includes EUR 72 mn estimated enterprise value and EUR 10 mn net cash deposit at […]
A hundred kilogram Soviet aerial bomb was defused in front of the Várkert Bazaar by the 1st Hungarian Army Bomb Disposal and Warfare Regiment this Monday, the Hungarian Armed Foces website honvedelem.hu reports. Bomb disposal divers set up anchorage points on an aerial bomb found near the boat station at Várkert Bazaar, and then lifted […]
The Hungarian Veolia Group has acquired the power plant in Oroszlány, west of Budapest, from the electricity MVM Plc., and the plant will be restarted in early 2024, the company told the state news agency MTI. According to the information, the two units of the plant, each with a capacity of 50 megawatts (MW), will […]
A business services center (BSC) to employ 150 people marks the beginning of a new chapter in the 20-year history of leading European pet product retailer Fressnapf’s Hungarian presence. The investment involves a training scheme of some EUR 884,000 to enhance skills of newly recruited staff. German-owned Fressnapf has been a household name with local […]
Hungarians travelled abroad 4.7 million times between April and June this year, 53% more than in the same period a year earlier, but the number of trips abroad fell by 24% compared to the second quarter of 2019, according to the quarterly publication of the Hungarian Central Statistical Office (KSH). The most popular destinations were […]
The Budapest Stock Exchange's (BSE) share index fell this week, with the BUX closing at 40,910.81 points on Friday, down 1,030.46 points, 2.46% lower than the previous week, the Hungarian state news agency MTI reported Sunday morning along with a brief analysis. The weekly turnover on the stock market was HUF 33.26 billion, down from […]
