On Wednesday, 4,736 people entered Hungary at the Ukrainian-Hungarian border, while 3,902 of those entering at the Romanian-Hungarian border said they had come from Ukraine, the National Police Headquarters (ORFK) told MTI Thursday morning. Of those who entered, police issued 117 people with temporary residence permits valid for 30 days. They will have to go […]
The world-famous Hungarian mathematician János Neumann (also known as John von Neumann) was commemorated on the 66th anniversary of his death at his birthplace in Budapest on Wednesday as part of the Neumann Memorial Year program. Speaking at the wreath-laying ceremony, István Alföldi, former executive director of the Neumann Society, which organized the event, highlighted […]
Despite the economic challenges, 78% of Hungarian CEOs do not plan to cut staff and 97% do not plan to reduce employee compensation in the next 12 months, a partner of PwC Hungary's tax advisory business said at a press conference in Budapest on Wednesday. According to Barbara Koncz, the Hungarian CEO survey, which was […]
The 29th FeHoVa (Arms, Fishing and Hunting) exhibition opens this Thursday with more than 200 exhibitors and will be open for four days at the Hungexpo Budapest Congress and Exhibition Center, the latter has announced. Belgium, South Africa, Namibia, Italy, Pakistan and South Africa are among the countries represented at the largest gathering of hunters, […]
30, mostly elderly, chronic patients died last week (up from 19 in the previous week), bringing the official total number of deaths in this country to 48,707, the government's Coronavirus Press Center said on Wednesday. 825 new infections were confirmed in the past week (about a third more than in the previous week), bringing the […]
The gross sales revenue of the Budapest-based liquor company Zwack Unicum Plc. was HUF 29.8 billion in the first three-quarter financial period from the beginning of April to the end of December, which is 13% or HUF 3.5 billion more than the previous data for the same period of the business year. As the spirits […]
Another Hungarian police unit is going to North Macedonia for the purpose of border protection – the communication service of the National Police Headquarters (ORFK) announced on its police.hu website on Tuesday. According to the announcement, Hungarian police is committed to preventing illegal immigrants from entering Hungary and the European Union. Therefore, in addition to […]
The volume of industrial production grew in December 2022 by 2.0% year-on-year in Hungary, the country’s Central Statistical Office reports. Based on working-day adjusted data, production rose by 5.7%. Compared to crude data, the significant difference is due to the fact that there were two less working-days in December 2022 than in December 2021, the […]
The Hungarian pharmaceutical company Gedeon Richter Plc. has announced on the website of the Budapest Stock Exchange that it has acquired from shareholders of Consilient Health 100% control of OC Distributors Ltd., an Ireland based company holding the marketing and distribution rights of a number of women’s healthcare products. The transaction value is GBP 32.5 […]
A 55-strong team from the Hungarian rescue organization ‘Hunor’ left Budapest on Monday for Turkey to help the victims of the earthquake. The HUNOR Rescue Service team consists of professional firefighters, military doctors and ambulance staff. They are also taking two search dogs with them. The team is able to work 24 hours a day […]
The Budapest Stock Exchange Ltd. (BSE) suspended exchange trading in the ordinary shares of the issuer Graphisoft Park SE Real Estate Development European Company Limited by Shares from the beginning of Pre-Trading phase on February 13, 2023 until the end of the Post-Trading phase on February 14, 2023, a statement on the website of the […]
A new stakeholder joins the Hungarian electric vehicle manufacturing landscape thanks to Nippon Paper’s investment in Vácrátót, north of Budapest to produce high-performance environmentally friendly cellulose-based additives for batteries, according to the Hungarian Investment Promotion Agency (HIPA). The company plans to set up an 8,000-square-meter plant in Hungary that is expected to be up and […]
In December 2022, the volume of sales in retail trade decreased by 4.8% according to raw data and by 3.9% when adjusted for calendar effects compared to the same period of the previous year. In December, calendar-adjusted sales volumes decreased by 8.3% in specialised and non-specialised food shops and by 0.4% in non-food retailing and […]
Companies will put much more focus on retaining their workforce than in the past. With labor shortages still persisting in Hungary, larger employers are typically attracting labor away from each other, an expert told the business news site napi.hu. This trend is particularly noticeable at the beginning of the year, as there is a greater […]
Sales of Hungarian beer companies increased last year compared to the previous year, but still lagged behind 2019, with domestic production in 2022 close to 2021 levels. Continuing the trend of previous years, the share of premium, super-premium and non-alcoholic beers among the products continued to rise The combined sales of the five largest beer […]
