Schneider Electric's new manufacturing plant in Dunavecse (central Hungary), which is expected to start production in 2024, will use state-of-the-art technology and digital solutions. The plant will produce medium voltage equipment for electrical distribution systems. The investment will reach HUF 16bn (EUR 40mn), according to a statement by the company. Schneider Electric, the leader in […]
Both the number of Hungarians infected with the new coronavirus and that of those dying as a result of this infection are on the decrease, according to a summary published by the related government website koronavirus.gov.hu. In the past week, 76 people, mostly elderly and chronically ill, have died, bringing the death toll to 47,367. […]
The National Bank of Hungary (MNB) will issue a particularly valuable gold collector coin named ‘Hunyadi János aranyforintja’ (The Golden florin of John Hunyadi) in single and in piedfort version, which is four times the weight of a normal coin, an MNB statement says. In line with the traditions of central bank issuances, the non-ferrous […]
Chinese-owned Halms Hungary Ltd. invests EUR 43 million in Debrecen to manufacture e-car parts with the aim to be able to meet customer demand in Europe faster and from a closer location. The project that is to create 300 new jobs further enriches an already very much vibrant local EV ecosystem, the Hungarian Investment Promotion […]
After decades of decline, Hungarian onion production has virtually ceased this year. The popular news site telex.hu quotes János Fekete, president of the National Onion Product Council, as saying in a newspaper interview that while twenty years ago, onion cultivation in the country's most famous onion growing area (the Makó region, SE Hungary), was practiced […]
In July 2022, 1.3 million guests spent 3.8 million tourism nights in commercial accommodation establishments (hotels, boarding houses, camping sites, bungalow complexes and community hostels) in Hungary, with the number of guests up by 17% and the number of nights by 15% compared to the same period of the previous year, the Central Statistical Office […]
The Hungarian capital has been and will continue to do its part to help refugees fleeing the war in Ukraine, Mayor Gergely Karácsony said on Monday at the opening of the Budapest Helps information and community center. The war in Ukraine has put everyone in a new situation, and everything must be done to provide […]
The summer of 2022 was the hottest since 1901, the National Meteorological Service said in an analysis published this Monday. The season's average temperature nationwide was 22.8 degrees Celsius – the average between 1991 and 2020 was 20.8 degrees – half a degree warmer than the previous record-breaking summer of 2003. June was 2.3 degrees, […]
In July 2022, the volume of sales in retail trade in Hungary increased by 3.8% according to raw data and by 4.3% when adjusted for calendar effects compared to the same period of the previous year, the country's Central Statistical Office reports. In July, calendar-adjusted sales volumes decreased by 2.9% in specialised and non-specialised food […]
Hungarian cinematographer Marcell Rév has won this year’s Emmy Award for ‘Outstanding Cinematography For A Single-Camera Series (One Hour)’ for an episode of the television series ‘Eurphoria’. The Hungarian cinematographer was already nominated last year for an episode of the HBO series (Trouble Don't Last Always), and this year, he won the award for another […]
"It’s official! Richard Rapport will play for Romania 🇷🇴 starting today! Welcome to our team!" That is how the Romanian Chess Federation has announced the top Hungarian chess player, Richárd Rapport changing nationality and playing for Romania in the future. Regarding the background of the case, the popular Hungarian news site, telex.hu reports that the […]
More than a third of Hungarian adults have only enough savings for one month, according to research by K&H Bank. According to the survey, Hungarian adults aged between 30 and 59 have an average of seven months' worth of savings, but there is a wide variation. 36% of respondents said they could only cover one […]
The share index of the Budapest Stock Exchange (BSE) fell in rising turnover this week, closing at 41,941.27 points on Friday, down 3.23% on the previous week, or 1,402.11 points, the state news agency MTI reported Sunday morning, along with a short analysis. The weekly turnover of the stock market was HUF 58.03 billion%, down […]
For all major livestock species, the number of animals sent to slaughter fell in the first half of the year in Hungary, while exports and trade in general also decreased. In the first half of the year, 48,500 cattle were slaughtered, 5.5% fewer than in the same period last year. The decrease was 6.8% in […]
On Friday, 6,948 people entered Hungary at the Ukrainian-Hungarian border, while 11,493 of those entering at the Romanian-Hungarian border said they had come from Ukraine, the National Police Headquarters (ORFK) said. Of those who entered, police issued 218 people with temporary residence permits valid for 30 days. They will have to go to the office […]
