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Articles by Date

October 2022

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New Managing Director at Colliers Hungary

D&T
Oct 3, 2022

The professional services and investment management company Colliers has announced that Kata Mazsaroff has been appointed as the new Managing Director for the company in Hungary. Kata worked at Colliers between 2007 and 2020. She established the Occupier Services business line, a pioneering service line in Hungary, which introduced an innovative and integrated workplace advisory […]

Entry to the ‘Big Stage’

D&T
Oct 3, 2022

Six hours of free mega-concerts with local stars, emerging talents and music together – that's what those interested can expect at downtown Szabadság Square in Budapest on October 8. The Yettel Stage platform has brought together established musicians with bands at the beginning of their careers to give a boost to newcomers, with the support […]

July Deficit of External Trade in Goods: EUR 1.3 Bn

D&T
Oct 3, 2022

In July 2022, the volume of Hungarian exports was 1.3% lower while that of import was 1.5% higher than in the same period of the previous year. The deficit was EUR 1.3 billion, the balance deteriorating by EUR 1.1 billion compared to a year earlier, the Central Statistical Office (KSH) reports. Compared to June, the […]

Outstanding Hungarian Jazz Figure Passes Away

D&T
Oct 2, 2022

The Hungarian Jazz Federation has announced that Béla Szakcsi Lakatos, Kossuth Prize-winning pianist, composer, national artist and outstanding figure of Hungarian jazz, passed away at dawn on Sunday at the age of 79. His person is intertwined with the development and expansion of Hungarian jazz, and his passing is an irreplaceable loss, they wrote. Béla […]

Budapest Remains the Most Livable in Hungary

D&T
Oct 2, 2022

Overall, Budapest and the western part of the country offer better opportunities in education, culture, shopping and the labor market, while in Eastern Hungary, it is easier to get a home, according to the Takarék Index Livability Survey, conducted by Takarék Jelzálogbank [‘Savings Mortgage Bank’], a Magyar Bankholding member, on education, healthcare, culture, crime, the […]

Hungary's Population Continues to Decrease

D&T
Oct 2, 2022

In August 2022, 8,073 children were born and 10,224 people died according to preliminary data. In the last twelve months, i.e. between September 2021 and August 2022, the number of births diminished by 1.5%, and that of deaths and marriages by 8.1% compared to the period one year earlier. In August 2022: A total of […]

BUX Index Fell This Week Amid Declining Turnover

D&T
Oct 2, 2022

The Budapest Stock Exchange's (BSE) share index, the BUX, closed Friday at 37,838.30 points, 819.11 points or 2.12% lower than the previous week, the state news agency MTI reported this Sunday morning along with a brief analysis. Weekly turnover on the stock market was HUF 47.5 billion, down from HUF 47.9 billion the previous week, […]

Kempinski Hotel Corvinus Budapest 30th Anniversary

D&T
Oct 1, 2022

This year sees a major milestone in the history of Kempinski Hotels as the company celebrates its 125th birthday, while Kempinski Hotel Corvinus Budapest marks its 30th year in September. This anniversary represents an important jubilee for the hotel, following three decades of precious moments, memories and experiences in the art of hospitality, according to […]

Industrial Producer Prices Up by 43.4% in Hungary

D&T
Oct 1, 2022

Industrial producer prices were up by 43.4% on average in August 2022 compared to one year earlier. Domestic output prices were 66.6% and non-domestic output prices 31.6% higher, the Central Statistical Office KSH) reports. The faster rate of increase in domestic output prices was owing to the larger proportion of the energy industry, where a […]

Decreasing Profit at Nestlé Hungária

D&T
Oct 1, 2022

Nestlé Hungária's profit fell to HUF 1.483 billion in the first half of the year from HUF 1.975 billion last year, according to a report published on the website of the Budapest Stock Exchange (BSE). The food company's half-year sales increased from HUF 82.9 billion to HUF 103.9 billion, including foreign sales from HUF 17.2 […]

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