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2022

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Budapest Airport: Over a Million Passengers in May

D&T
Jun 14, 2022

Ferenc Liszt International Airport reached its highest passenger volume in two years in May, with passenger traffic exceeding one million during the fifth month of the year, according to the latest airport bulletin published by the airport management company Budapest Airport. To be precise, 1,095,597 passengers used Budapest’s main airport in May, an increase of […]

Lenovo Opens Its First European Assembly Plant

D&T
Jun 14, 2022

Chinese computer producer Lenovo has opened its first European manufacturing plant in Üllő, southwest of Budapest, where it will primarily produce server infrastructure, storage systems and high-end PC workstations for sale in Europe, the Middle East and Africa, the company told the Hungarian state news agency MTI on Tuesday. The plant already employs more than […]

V4 and Ukraine Chiefs of Staff Meet in Debrecen

D&T
Jun 14, 2022

The military leaders participating in the meeting of the chiefs of staff of the Visegrád Group (V4) reviewed the topical issues of cooperation between national armies on Tuesday in Debrecen, the commander of the Hungarian Defense Forces (MH) said after the meeting. Lieutenant General Romulusz Ruszin-Szendi told journalists that the Ukrainian Chief of General Staff, […]

V.30, a Multifunctional Sports and Event Center

D&T
Jun 14, 2022

The Hungarian capital has several sports centers – the latest is the most unique: a new hypermodern, multifunctional sports and event center has been created in the city center that satisfies all needs. It was designed by Miklós Ybl and the Kossuth Prize winning architect, György Skardelli, a regular member of the Hungarian Academy of […]

HUF Per EUR Rate Breaks Psychological Barrier

D&T
Jun 13, 2022

The Hungarian currency, the forint fell to an all-time low value against the euro as the exchange rate exceeded HUF 400 for one euro. The Hungarian currency also sank to a historic low against the US dollar on Monday. Analysts expect further deterioration in the value of the forint. "On Friday, the euro/forint exchange rate […]

More and More People Choose Summer Package Holidays

D&T
Jun 13, 2022

Safety is very important for travelers, which is why instead of organizing their own trips, they are turning to travel agencies, Judit Molnár, president of the Association of Hungarian Travel Agencies (MUISZ) said in response to an inquiry from MTI. She added that "it seems that we can breathe a sigh of relief this year, […]

More Companies Planning Digital Development

D&T
Jun 13, 2022

The number of companies planning digital development has increased, while K&H's innovation index has also risen, and the positive trend of the indicator has not been interrupted by the Russian-Ukrainian conflict, Balázs Németh, Head of Innovation at K&H Bank, said at the bank's online press conference. The latest research, conducted in the first half of […]

Passenger Transport Up, Goods Transport Down

D&T
Jun 13, 2022

Compared to the low base of the previous year, the performance of interurban passenger transport increased strongly in the first quarter of this year, while that of freight transport decreased, but both fell short of the pre-pandemic level, the Hungarian Central Statistical Office (KSH) said in its evaluation of transport performance. Intercity passenger transport in […]

EU Diversity Month 2022

D&T
Jun 12, 2022

Equality and diversity are a top priority for the European Commission. To fight discrimination and push for more equal societies, the Commission has adopted a proactive approach, with targeted action plans and measures. Diversity Charters encourage organizations (NGOs, public bodies and private companies) to develop and implement diversity and inclusion policies and practices. In order […]

BUX Index Fell This Week Amid Declining Turnover

D&T
Jun 12, 2022

The Budapest Stock Exchange's (BSE) share index, the BUX, closed the week down 5.70% at 38,950.67 points, or 2,353.69 points, compared to last Friday, according to a summary published by the state news agency MTI Sunday morning. There were only four trading days during the week due to Pentecost, but even so, the drop in […]

Hungary’s Strategic Reserves Available for Domestic Use

D&T
Jun 11, 2022

The Hungarian Ministry of Technology and Industry announced on Saturday that Hungary is releasing part of the country's strategic petrol and diesel reserves to secure domestic fuel supplies, helping to address the situation caused by the longer-than-planned shutdown of ÖMV’s Schwechat oil refinery near Vienna. ÖMV will replenish the released strategic gasoline and diesel reserves […]

Intersnack Hungary: 10,600 Tons of Exports Last Year

D&T
Jun 11, 2022

In their 2021 financial year, Intersnack Hungary Ltd. produced 10,600 tons of products for foreign markets, the company informed the state news agency MTI on Saturday. According to the statement, the market share of the flour-based products made in Győr in the Central and Eastern European region is 11%, which gives Intersnack a leading position […]

Number of Tourism Nights Up on 2021, Still Down on 2019

D&T
Jun 11, 2022

The number of tourism nights in Hungary grew nearly seven-fold compared to April 2021 and decreased by 28% compared to the same month of 2019, the Central Statistical Office reports. The number of nights spent by domestic guests at commercial accommodation establishments1 (hotels, boarding houses, camping sites, bungalow complexes and community hostels) increased – mainly […]

Record Traffic Expected in Balaton Shipping This Summer

D&T
Jun 11, 2022

The Balaton Shipping Company (Bahart), which expects to break previous traffic records, has expanded its summer schedule, launched online ticketing, renewed its image and renovated its fleet for this summer season, according to the announcement at its shipping season launch press conference on Friday. CEO Gábor Veigl said that in the first five months of […]

Diver Training Tank Inaugurated in Baja

D&T
Jun 10, 2022

Hungary's first ever diver training tank has been inaugurated in Baja, southern Hungary on the occasion of the third anniversary of a deadly boat collision, on the River Danube in Budapest, which took the lives of many South Korean tourists in 2019. On May 29, 2019, the Viking Sigyn cruise ship collided with the Hableány […]

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