Hydro Extrusion Hungary Ltd. is continuing its automotive investments in Hungary and is increasing the extrusion capacity of its Székesfehérvár plant, SW of Budapest, with a EUR 35.7 million (HUF 14.6 billion) development, the company informed the state news agency MTI on Thursday. The company said the development will ensure the company's future growth potential […]
Széchenyi Prize-winning Hungarian research biologist and research professor at the University of Pennsylvania, Katalin Karikó, received the Semmelweis Budapest Award in the Hungarian capital on Thursday. "Katalin Karikó's discovery has saved the lives of millions of people, and thanks to her, we can now live in a safer world, because we have a weapon against […]
With the completion of the DANOVA project, Ferenc Liszt International Airport has become the first European airport to provide an independent indoor navigation application for blind and visually impaired passengers. Thanks to the development, implemented with EU funding, unaccompanied orientation and navigation at Budapest's main airport has become easier for users than ever before. A […]
Hungarians are more aware of sustainability, but are less willing to spend on it this year, according to a survey conducted by Opinio market researcher on behalf of Rondo Hullámkartongyártó [corrugated board manufacturer] Ltd. Environmentally friendly packaging was rated as important by 50% of respondents in the run-up to the festive season. If it did […]
Democracy remains the most important value EU citizens want Parliament to stand up for. 72% of respondents (78% in Hungary) believe their country has benefited from being an EU member, according to a new Eurobarometer survey. Democracy, human rights and free speech are paramount to EU citizens as they call on the European Parliament to […]
In October 2022, the volume of industrial production grew by 5.9% year-on-year in Hungary. Based on working-day adjusted data production rose by 5.1%, the Central Statistical Office reports. The volume of production increased in the majority of the manufacturing subsections, at the highest rate in the manufacture of electrical equipment. According to seasonally and working-day […]
Epidemic indicators in Hungary are low but worsening. There are more new infections, hospitalized and ventilator-treated patients with coronavirus than in the previous week. A total of 5,193 new infections were confirmed last week (up slightly from 4,704 last week), bringing the total number of identified infections to 2,176,249 since the start of the epidemic, […]
RAVAK has now been around for more than three decades and has managed to build up the largest bathroom furnishing manufacturer in the Czech Republic. István Pintér, Head of Marketing at RAVAK Hungary Ltd. tells Diplomacy&Trade, among other things, about the main milestones in the company's development and expansion and the newly built premises created […]
The emergency service in Budaörs, just southwest of Budapest, has received a very special donation: a BMW 530d model to support the emergency services, courtesy of local dealer BMW Rack Auto. The 24-hour emergency service has been available in the Budaörs and Törökbálint area since 2001, providing ambulance and emergency services and assisting GPs 24 […]
According to the Future Mobility Association, 0.79% of the total car fleet was pure electric at the end of October 2022, compared to 0.47% in 2021 and 0.29% in October 2020. A statement by the association says that 32,596 electric cars were in operation in the country in October this year, while the number of […]
The University of Pécs (PTE) in southern Hungary has been ranked 21st in the UI GreenMetric World University Rankings, an international program of 1,050 participating universities. In Hungary, PTE is ranked first in this respect – for the third time now. "Through its Green University Program, the University of Pécs wishes to further enhance its […]
The Committee of Permanent Representatives to the EU has found the required qualified majority to impose measures for the protection of the Union budget against the consequences of breaches of the principles of the rule of law in Hungary, concerning public procurement, the effectiveness of prosecutorial action and the fight against corruption in Hungary. The […]
Erste Bank Hungary has successfully integrated the clients and activities of Commerzbank's Hungarian subsidiary into its corporate business. With the technical closing of the acquisition, Erste Bank became Hungary's fifth largest corporate lender, with a market share exceeding 10 percent. The customers of Commerzbank's Hungarian subsidiary, Commerzbank Plc., joined Erste Bank Hungary Zrt. smoothly, according […]
More than half of the Hungarian population overspends on Christmas presents, according to a new survey. 80% of Hungarians plan in advance the value of the gifts they will buy, but more than 50% overspend during the festive season, according to a representative survey by Magyar Bankholding, the summary of which was sent to the […]
Cooperation between the Czech Republic and Hungary is developing dynamically in all areas. This includes economic cooperation in various sectors, where in the energy sector, ŠKODA JS plays an important role. ŠKODA JS has historical bonds in Hungary and is today building on and developing these bonds, making a significant contribution to the modernization of […]
