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2022

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New Production Hall at Unilever Factory in Veszprém

D&T
Oct 21, 2022

A new production hall has been added to the ice cream factory of Unilever Hungary in Veszprém, doubling the production capacity of Magnum ice cream with sticks, the director of corporate relations of Unilever Hungary told the state news agency MTI on Friday. Kálmán Molnár said that a new production line has been installed in […]

Viterra Oilseed Crushplant Expanded

D&T
Oct 21, 2022

An investment of EUR 66 million further modernizes Viterra Növényolajgyártó [‘Vegetable oil production’] Ltd.’s oilseed crush plant in Foktő, Bács-Kiskun county, as a result of which an automated unit for vegetable oil further refining has been installed. About 8% of the investment was covered by Hungarian taxpayers’ money through a government decision. Thus, Viterra’s plant […]

Hungarian Minister Warns of “Extremely Difficult” 2023 in the Economy

D&T
Oct 21, 2022

Even though this year is marked by rampant inflation, soaring energy prices and sharply increasing interest rates, the economic situation is set to deteriorate in 2023. According to Economy Minister Mihály Varga, the worst is yet to come for the country’s economy. A recent international survey revealed that a third of European workers see the […]

Richter Divests Operations in Romania

D&T
Oct 21, 2022

Hungarian pharmaceutical company Gedeon Richter Plc. and Dr. Max BDC, s.r.o. (‘Dr.Max Group’) have announced that Richter’s indirect Romanian subsidiary, Armedica Trading S.R.L has signed a share sale and purchase agreement to divest the Richter Group’s Romanian wholesale and retail operations (Pharmafarm S.A. and Gedeon Richter Farmacia S.A., respectively) to Mediplus Exim S.R.L (“Mediplus”), a […]

Monkeypox: Number of Cases In Hungary Increases to 79

D&T
Oct 20, 2022

The National Center for Public Health (NNK) has confirmed monkeypox infection in another person, bringing the total number of confirmed cases to 79 in Hungary, the NNK told the state news agency MTI on Thursday. The infected man, a 43-year-old man, is isolated at home and does not require hospital treatment. An epidemiological investigation has […]

Vajda-Papír Helps 3,000 People with Disabilities

D&T
Oct 20, 2022

Vajda-Papír has donated a year's worth of sanitary paper products to the Hungarian Maltese Charity Service for three thousand people with disabilities, the charity organization told the state news agency MTI on Thursday. As they wrote, 22 residential institutions, 16 day-care centers and 27 support services of the Maltese Charity Service are supplied with hygienic […]

40 Slovak Police Officers to the Hungary-Serbia border

D&T
Oct 20, 2022

Slovakia is sending 40 police officers to help Hungary protect the Hungarian-Serbian border, which is plagued by illegal migration, the Slovak public news agency TASR reported on Thursday, citing a statement by Interior Minister Roman Mikulec. He said that the Slovak police officers would be deployed in mixed teams with their Hungarian counterparts, and that […]

New Production Hall with EU Funding in Jánosháza

D&T
Oct 20, 2022

Festék Bázis [‘Paint Base’] Plc. is building a new 300-square-meter production hall in Jánosháza, Vas County, with EU funding and the foundation stone of the new facility was laid on Wednesday, the state news agency MTI reported Thursday morning. As the company's CEO, Imre Hancs, CEO, pointed out, the company won more than HUF 160 […]

Domestic Sales of Used Cars Fell in September

D&T
Oct 19, 2022

Compared to September last year, domestic sales of used cars declined in the previous month, but have been increasing since the beginning of the year compared to the same period last year, joautok.hu [‘Good Cars’] told the state news agency MTI on Wednesday. According to Datahouse, 68,586 used cars were sold in Hungary in September, […]

New Toyo Ink Plant in Hungary

D&T
Oct 19, 2022

Toyo Ink Hungary Kft.’s new plant has been inaugurated in Újhartyán, Pest County, where CNT dispersion for lithium-ion batteries will be produced. The HUF 7 billion investment creating 45 jobs marks a key milestone in the business strategy of the Japanese-owned company as it is planning to further expand due to rising global demand for […]

COVID-19: More Fatalities, Fewer Active Infections

D&T
Oct 19, 2022

Although the number of deaths has increased, according to the latest data, the number of new infections and active infections in Hungary has decreased. The number of cured cases is steadily increasing, according to data published on Wednesday by the related government website koronavirus.gov.hu. In the past week, 118 patients, mostly elderly and chronic, died, […]

Hungarian Member in the Harvard Varsity Club

D&T
Oct 19, 2022

Former basketball player Réka Cserny has been inducted into the Harvard Varsity Club (HVC) Hall of Fame. The Hungarian athlete studied at the US university between 2002 and 2005, where she achieved outstanding success as a member and captain of the women's basketball team. Her Harvard athletic achievements include - among others - Ivy League […]

Triple Hungarian Matcha Record Set

D&T
Oct 18, 2022

On Tuesday afternoon, a triple Hungarian record was set in a bold gastro-cultural theme at Kálvin Square in downtown Budapest. The organizers enlarged the traditional Japanese team art instruments to seven times their original size. The largest cup and matcha frother in Hungary were registered, and the amount of tea made with them also set […]

New Backbone Network between Budapest and Vienna

D&T
Oct 18, 2022

Invitech and A1 Telekom Austria have built a faster, more secure and higher capacity redundant fiber connection between the Austrian and Hungarian capitals. According to the companies, the new backbone network on this route will provide the shortest and most secure connection between Western and Eastern Central Europe. By connecting Invitech's and A1 Telekom Austria's […]

Groundbreaking Ceremony for W-Scope in Nyíregyháza

D&T
Oct 18, 2022

Korean-owned W-Scope Hungary Plant Ltd. celebrated the foundation stone-laying of its lithium-ion battery separator plant in Nyíregyháza, NE Hungary this Tuesday. The investment worth EUR 720 million is set to boost the competitiveness of the company in a quickly developing EV market. Up to 1,200 new jobs will be created as a result, with mass-scale […]

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