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 […]
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 […]
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 […]
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 […]
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 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 […]
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 […]
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 […]
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 […]
Natural gas consumption fell by 22% in August compared to last year, the lowest level in the last eight years, the Hungarian Energy and Public Utility Regulatory Authority (MEKH) said on Tuesday in its latest report. They stressed that with the further increase in Serbian supplies, domestic storage facilities received 10% more gas in August […]
The average price of advertised cars increased to HUF 4.62 million in the third quarter of this year, while at the beginning of 2020 it was still HUF 2.5 million, and at the end of 2021 it was slightly above HUF 4.5 million, the used cars portal Használtautó.hu told the state news agency MTI on […]
Consumer prices were 20.1% higher on average in September 2022 than a year earlier. The highest price rises were measured for electricity, gas and other fuels as well as food over the last twelve months. In one month, consumer prices increased by 4.1% on average, the Central Statistical Office reported this Tuesday. In 12 months, […]
Alteo Energiaszolgáltató [Energy Service Provider] Plc. is launching a HUF 7.5 billion bond issue under its previously announced bond program; the funds raised will be used mainly to finance investments in energy projects, to achieve growth targets, for working capital needs and to build up reserves, the company announced on the Budapest Stock Exchange (BSE) […]
Energy has always been a major cost item for cinemas, but after this year's price hike, heating and electricity bills could take almost all of the revenue, according to Budapest Film Plc., which operates Corvin and five other art cinemas in Budapest. In 2021, the company will spend nearly HUF 47 million on electricity and […]
The value of Hungarian exports in EUR terms was 37% and that of Hungarian imports 41% larger in August 2022 than in the same period of the previous, pandemic year, the country’s Central Statistical Office reported this Monday. The balance of the external trade in goods deteriorated by EUR 582 million. Compared to the previous […]
