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2022

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Number of COVID-19 Victims Surpasses 41,000 in Hungary

D&T
Jan 25, 2022

A further 74 patients died of coronavirus infection, bringing the official death toll in Hungary to 41,018, according to the related government site, which also said that there were 40% more new cases than a week ago. The 74 fatalities who passed away in the past 24 hours were chronic patients, most of them elderly, […]

Yet Another Major Recognition for Katalin Karikó

D&T
Jan 24, 2022

Hungarian biochemist Katalin Karikó and fellow researcher Drew Weissman, both of the University of Pennsylvania, will receive the 2022 Jessie Stevenson Kovalenko Medal awarded by the National Academy of Sciences (NAS) in the United States. Dr. Katalin Karikó is the first Hungarian to receive this recognition. According to the NAS website, Katalin Karikó and Drew […]

Hungarian Olympic Champion Gymnast Passes Away

D&T
Jan 24, 2022

Olympic, world and European champion gymnast Szilveszter Csollány died at the age of 51. The sportsman, who was infected with the new coronavirus, was hospitalized last November and after his condition deteriorated, he was put on a ventilator in early December. Szilveszter Csollány was born on April 13, 1970 in Sopron, NW Hungary. His first […]

Close to 40,000 New Infections Over the Weekend

D&T
Jan 24, 2022

A total of 39,928 new cases of coronavirus were confirmed in Hungary on Monday morning (based on 132,824 samples taken), 18,709 more than a week earlier, according to data from the government information portal. The number of infected people has risen to 1,441,385 since the beginning of the pandemic, while the number of active patients […]

COVID-19: The Fifth Wave Could Peak Next Week

D&T
Jan 23, 2022

Virus researcher Miklós Rusvai told the evening news program of the most popular Hungarian commercial TV channel RTL Klub that the rapid spread of the virus could lead to the fifth wave of the virus infection peaking next week. There is a slight rise in the hereditary level of the coronavirus in wastewater again, according […]

BUX Index Down on Falling Turnover This Week

D&T
Jan 23, 2022

The Budapest Stock Exchange (BSE) share index (BUX) fell on a downward trend this week, closing at 52,169.80 points on Friday, down 0.96% or 506.10 points from a week ago, the state news agency MTI reported in its review Sunday morning. Turnover on the stock market was HUF 56.39 billion, down from HUF 77.70 billion […]

House of Hungarian Music Inaugurated

D&T
Jan 22, 2022

The House of Hungarian Music has been inaugurated in the City Park in Budapest. From Sunday, it opens its doors to the public with concerts, an interactive exhibition, a creative music space and music education activities. András Batta, the managing director of the institution was of the view at the ceremonial opening of the building […]

EU Support for the Kistelek Industrial Park

D&T
Jan 22, 2022

The Kistelek and Region Industrial Park, where an industrial wastewater treatment plant and sewerage network were built, was developed with EU funding of more than HUF half a billion, the municipality informed the state news agency MTI. According to the statement, the HUF 517 million investment has provided the industrial park, which is located next […]

Lucky Dogs - Lucky Ambassador

In the WittyLeaks section of Diplomacy&Trade, diplomats accredited to Hungary give account of their personal experiences or some lighter aspects of bilateral relations. In the December 2021 issue, the Portuguese ambassador writes about his experience gained when walking his dogs in the Buda Hills. Lucas is six years old and Angie is six months younger. […]

Record amount of financial borrowing in 2021 in Hungary

D&T
Jan 21, 2022

Hungarians most probably borrowed a record amount of money from banks last year, with credit driven by historically low interest rates and a spike in real estate prices. The volume of new housing loans jumped a spectacular 40% from a year earlier, driving household borrowing to historic highs. According to central bank data for the […]

COVID-19: Higher and Higher New Infection Numbers

D&T
Jan 21, 2022

The highest number of new infections in a single day since the beginning of the coronavirus epidemic have been recorded in Hungary, with data from the last three days showing a steadily increasing number of new infections. This brings the total number of identified infected people since the beginning of the epidemic to 1,401,457, according […]

Record Highs on the Used Car Market in 2021

D&T
Jan 20, 2022

According to preliminary data, the domestic used car market saw an all-time high of almost 819,000 cars changing hands last year, up 3.4% from 791,000 domestic transfers the year before. This means that the domestic market for used cars has doubled in less than a decade, JóAutók.hu told MTI on Thursday. The growth of the […]

Autoliv: Strategic Partnership with the Government

D&T
Jan 20, 2022

A strategic cooperation agreement has been concluded by the Hungarian government and Autoliv Kft., the Hungarian subsidiary of the largest passive safety product manufacturing group in the world, the Hungarian Investment Promotion Agency reports. Autoliv, a business that was founded in Stockholm, Sweden nearly seventy years ago, develops, produces and distributes airbags, safety belts, steering […]

Euronics: Sales Up over 11% in 2021

D&T
Jan 20, 2022

The retail sales at the technical goods chain Euronics in Hungary increased by more than 11% to HUF 71 billion last year compared to the previous year, the highest annual turnover in the history of the chain, the company told the state news agency MTI on Thursday. According to the Hungarian-owned company, sales through the […]

Electricity Generation and Consumption Records Broken

D&T
Jan 19, 2022

Gross system load and annual gross electricity consumption peaked last year, and solar power generation also exceeded previous records, according to a summary published on the website of Mavir Hungarian Independent Trans­mission Operator Company Ltd. on Wednesday. According to the data, the record for electricity consumption in Hungary was broken on December 9 last year, […]

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