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October 2022

115 hits

PannErgy Sold 38.9% More Heat in the Third Quarter

D&T
Oct 15, 2022

PannErgy Plc. sold 201,100 gigajoules of heat in the third quarter, 38.9% more than in the same period last year, the company said in a production report published on the Budapest Stock Exchange (BSE) website. According to the information, the outstanding performance was due to a cooler-than-average September and continued investment in efficiency, operational safety […]

Production Development with EU funding in Kaposvár

D&T
Oct 15, 2022

Profi Tető Kft. of Kaposvár has implemented a more than half a billion HUF equipment and labor development project, for which it won HUF 258 million in EU funding under the Széchenyi 2020 program, the company, which deals with the trade of roofing materials and roofing production, told the state news agency MTI. Among other […]

Teacher and Student Demonstrations in Hungary

D&T
Oct 14, 2022

Thousands of people demanded higher salaries for teachers, better conditions in schools and consultation on education in Budapest this Friday. Another demonstration has been called for the national day, October 23, and another teachers' strike will take place on October 27. In addition to the capital, protest actions were also held in many rural municipalities. […]

Convoy With Food Donations of HUF 100 Million

D&T
Oct 14, 2022

A convoy of trucks loaded with food donations worth HUF one hundred million drew attention to World Food Day in Budapest on Friday. The 17th World Food Day action was organized by the UN Food and Agriculture Organization (FAO) and the Hungarian Food Bank Association. A convoy of 20 trucks with more than 60,000 kilos […]

Forint in free fall may force Hungary to hike rates, join euro waiting room

D&T
Oct 14, 2022

The continued plunge in Hungary’s national currency is forcing the country’s decision makers to revisit earlier policy measures as the weakening forint wreaks havoc in the economy. The central bank may be forced to resume its tightening cycle while the government has indicated it could bring forward the nation’s erm-2 accession, the waiting room of […]

BCSDH Business Lunch on Tackling Climate Change

D&T
Oct 14, 2022

“We are already living in an era of climate change, but we have all the tools and opportunities to take action. Business leaders have a key responsibility and opportunity to make positive changes at the systems level. The question is how.” This was the focus of this week’s business lunch organized by the Business Council […]

HUF Ten Billion Investment by Gebrüder Weiss

D&T
Oct 13, 2022

Logistics service provider Gebrüder Weiss Ltd. is expanding the capacity of its central logistics base with a HUF 10 billion investment, the company told the state news agency MTI on Thursday. According to the information, a new hall and complex of 10,500 square meters will be built in Dunaharaszti, south of Budapest, next to the […]

Monkeypox Vaccine Available at Many Places in Hungary

D&T
Oct 13, 2022

Taking into account the domestic epidemiological situation of monkeypox, the amount of available vaccine and international recommendations, the National Public Health Center (NNK) consulted with the Infectiology Section of the Professional College and the National STD Center and developed a vaccination recommendation for the use of monkeypox vaccine, they said. The monkeypox vaccine is available […]

Drought Caused Significant Damage to the Fruit Sector

D&T
Oct 13, 2022

This year, it was not late frosts but drought that caused significant damage to the Hungarian fruit sector. And the longer-term effects of the drought could further accelerate the decline of Hungary's fruit-growing areas, Agroinform.hu told the state news agency MTI on Thursday. Based on data from FruitVeb, the Hungarian Fruit and Vegetable Interprofessional Organization […]

Industrial Production Up by 14.4% on 2021 Pandemic Year

D&T
Oct 13, 2022

In August 2022 the volume of industrial production grew by 14.4% year-on-year. Based on working-day adjusted data production rose by 9.3%. Compared to crude data, the significant difference is due to the fact that there were two more working days in August 2022 than in the same month of the previous year, the Central Statistical […]

Spain's National Day Celebrated in Budapest

D&T
Oct 12, 2022

On the occasion of Spain’ National Day and that of the end of her tenure in Hungary, the Ambassador of Spain, Anunciada Fernández de Córdova invited members of the diplomatic corps, Spanish nationals living in Hungary and other guests to the Aurea Ana Palace Hotel in downtown Budapest. The National Day of Spain (Fiesta Nacional […]

Continental Expands Software Development in Szeged

D&T
Oct 12, 2022

Continental is expanding its software development activities in Szeged with a unit working on driver assistance and automated driving solutions, Country Director of Continental Hungary, Róbert Keszte announced on Wednesday. Speaking at an event at the University of Szeged, he said that the company's Artificial Intelligence Development Center in Budapest, which employs 200 professionals, has […]

COVID-19: Less New Cases but More Fatalities in Hungary

D&T
Oct 12, 2022

A total of 12,636 new cases of the new coronavirus infection were confirmed last week (1,129 fewer than reported a week ago), bringing the total number of identified infections to 2,120,543 since the start of the outbreak, while the number of deaths related to the infection was up by over 40%, according to the related […]

Semmelweis University Among the Top 250 Universities

D&T
Oct 12, 2022

For the first time, a Hungarian university has been ranked in the top 250 of the Times Higher Education (THE) world rankings. The Budapest-based Semmelweis University has improved 41 places on last year's result and is now ranked in the top 250 in the world rankings released today. A statement by the educational institution notes […]

Monument to the Hungarian Heroes of the 1952 Olympics

D&T
Oct 11, 2022

At the initiative of the Golden Team Foundation (named after the Hungarian national soccer team that was one of the best in the world in the late 1940s and early 1950s), a monument was erected in honor of the Hungarian athletes who participated in the 1952 Olympics. The sculpture by Miklós Melocco is located in […]

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