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September 2022

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Over 16,000 People Arrived from Ukraine on Saturday

D&T
Sep 11, 2022

On Saturday, 6,709 people entered Hungary crossing the Ukrainian-Hungarian border, while 9,859 of those entering at the Romanian-Hungarian border crossing declared that they had arrived from Ukraine, the National Police Headquarters (ORFK) informed the state news agency MTI on Sunday. Of those who entered, police issued 254 people with temporary residence permits valid for 30 […]

MOM Park: Facility and Property Management in One Hand

D&T
Sep 10, 2022

From this fall, Icon Real Estate Management Ltd. will be responsible for the facility management (FM) and property management (PM) of the MOM Park commercial and business center. The aim of the change of model is to ensure a flexible and efficient service to clients at the usual high level, in line with the center’s […]

Another Record First Half Year for AKKO Invest

D&T
Sep 10, 2022

AKKO Invest, a Premium category Budapest Stock Exchange company, again closed a very strong half year after its largest subsidiary, NEO Property Services, also saw excellent results in the first six months of the year. AKKO closed the first half with revenue of HUF 11.3 billion and EBITDA of HUF 1 billion, and it expects […]

Airport Developments Approaching HUF 80 billion

D&T
Sep 10, 2022

In the spirit of quality and sustainability, developments at Ferenc Liszt International Airport have continued in 2022. In the first half of the year, the airport management company Budapest Airport says it spent a total of more than HUF 5.3 billion on various infrastructure and sustainability projects, bringing the total value of the past three […]

LAFARGE Committed to the Circular Economy

D&T
Sep 9, 2022

LAFARGE Cement Hungary Ltd., as one of the leading manufacturers of building materials in the Hungarian construction industry, has already introduced a number of measures and programs to implement a circular economy and reduce its carbon footprint. As a result, it has now achieved 100% alternative fuel operation. In a press release, LAFARGE Cement Hungary […]

The Business Community Together for a Better Future

D&T
Sep 9, 2022

The stunning view from the newly-opened skybar White Raven Skybar & Lounge, placed on the last floor of Hilton, welcomed the Business Heroes who are actively making a positive impact in our society. A press release by the Atlas World Community says it aims to prize those entrepreneurs, who most distinguished themselves in Hungary for […]

Number of Monkeypox Cases in Hungary Increases to 71

D&T
Sep 9, 2022

The National Center for Public Health (NNK) has confirmed monkeypox infection in another person, bringing the total number of confirmed cases to 71 in Hungary, the NNK told the state news agency MTI on Friday. The statement said that last week, a 36-year-old man visited a health service provider in the capital with symptoms suggestive […]

Hungary to establish anti-graft authority in bid to unlock EU funds

D&T
Sep 9, 2022

The Hungarian government decided to set up an anti-corruption authority that will work together with non-government organizations to oversee the spending of European Union funds. The move comes as Budapest seeks to unlock billions of euros in EU development funds that Brussels suspended on claims of state-level corruption and a decline in the rule of […]

Hungarian Politicians Express Their Condolences

D&T
Sep 8, 2022

Several Hungarian politicians say farewell, on various social media pages, to the British monarch Queen Elizabeth II who died this Thursday at the age of 96. Hungarian President Katalin Novák wrote that "I am deeply saddened by the passing away of Her Majesty, Queen Elisabeth II. Her life was a blessing, her memory a treasure. […]

Open Day at the Cervantes Institute in Budapest

D&T
Sep 8, 2022

The Cervantes Institute is not only the largest Spanish language teaching institution in the world, but also offers free cultural programs to promote and disseminate the culture of Spain and Spanish-speaking countries. This Saturday, September 10, the Cervantes Institute in Budapest is organizing an open day where visitors will be able to attend free tutorials […]

Hungarian State Sector Required to Curtail Gas Use

D&T
Sep 8, 2022

The Hungarian government has imposed a 25% cut in gas consumption in public administration and at state-owned companies, with the exception of hospitals and residential social institutions. It will also order a temperature limit of 18 degrees Celsius in public institutions. The Hungarian government has imposed a 25% cut in gas consumption in public administration […]

Food Inflation Rate Exceeds 30% in Hungary

D&T
Sep 8, 2022

Annual inflation, the average increase in the price of goods and services, was 15.6% in August in Hungary compared to the same month last year, with food prices increased the most (30.9%), according to according to official data The monthly inflation rate in August was 1.8%, the Central Statistical Office reports. The 15.6% annual inflation […]

External Trade Deficit in Goods: EUR 1.1 Billion

D&T
Sep 8, 2022

The value of Hungarian exports was 13% and that of Hungarian imports 23% higher in EUR terms in July 2022 than in the same period of the previous year and the balance of external trade in goods deteriorated by EUR 975 million over this period, the Central Statistical Office reports. Compared to the previous month, […]

French Institute: 30th Anniversary by the Danube

D&T
Sep 7, 2022

The 30th anniversary of the current building of the French Institute, inaugurated in 1992, in Budapest will be celebrated with a program of events spanning all the arts this Saturday, September 10 from afternoon until midnight. Although the French Institute was founded in 1947, it moved from the Szegfű Street building to its new building […]

Zoll-Platz to Build New Logistics Center at Szeged

D&T
Sep 7, 2022

With EU support and an investment of around HUF 1.4 billion, Zoll-Platz Ltd. is to build a new logistics center in the outskirts of Szeged, SE Hungary, the company’s Managing Director Péter Csonka said on Wednesday. At a press conference to present the investment, which will be completed by next summer with a subsidy of […]

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