The number of retail payment accounts continued to grow, and the number of actively used payment cards and payment cards registered in mobile wallet applications is also increasing as a result of digitalization, according to a report by the National Bank of Hungary. The number and value of purchase transactions conducted with cards registered in […]
An EU-funded investment of almost HUF 3 billion will improve flood and inland water safety in Hódmezővásárhely, SE Hungary, and its surroundings, and the amount of water that can be retained in the area will also increase thanks to the development. Deputy Director General of the National Water Directorate, Jenő Lábdy said at the presentation […]
13, mostly elderly, chronic patients died last week (up from 11 in the previous week), bringing the official total number of deaths as a result of the new coronavirus infection in this country to 48,775, the government's Coronavirus Press Center said on Wednesday. 1,016 new infections were confirmed in the past week (up by 138 […]
According to raw data the volume of construction output in January 2023 lagged behind the previous year’s level by 3.6%, the Central Statistical Office reports. Out of the main groups of construction the construction of buildings decreased by 4.0 and that of civil engineering by 2.1%. Based on seasonally and working day adjusted indices construction […]
The national flag was raised in military salute on Wednesday morning in front of the Parliament on the March 15 national holiday. In the presence of President of the Republic Katalin Novák and Speaker of the National Assembly László Kövér, the flag was raised to the sound of the National Anthem by the National Defense […]
The best 200 works of the Hungary 365 photo competition are on display at an outdoor photo exhibition entitled ‘Images of Hungary’ in downtown as part of the March 15 national day celebrations. The competition, which has been running for four years, has so far attracted more than 120,000 entries from professional and amateur photographers. […]
A consortium led by Sole-Mizo Plc. is developing milk protein-based food and nutritional ingredients for special purposes with EU non-reimbursable funding of HUF 996.44 million. In addition to Sole-Mizo, the consortium leader, Medifood Hungary Innovation Ltd. and the Hungarian Agricultural and Life Sciences University (MATE) are also participating in the project. The recently started research […]
26% of Hungarian employers expect to increase their current workforce in the second quarter of 2023, while 22% plan to reduce it, with staff increases mainly in larger companies, ManpowerGroup said on Tuesday, based on its Labor Market Forecast. ManpowerGroup conducted its quarterly survey of more than 41,000 employers in 41 countries around the world, […]
In January 2023, the volume of industrial production declined by 0.2% year-on-year in Hungary. Based on working-day adjusted data, production dropped by 3.2%, the Central Statistical Office (KSH) reported this Tuesday. Production increased in some manufacturing subsections, with the largest growth in the manufacture of electrical equipment. According to seasonally and working-day adjusted data industrial […]
Magyar Telekom's Digitalization Consulting Program for SMEs will be launched in March, providing management consulting, online marketing consulting, financial and legal support, tailored to the needs of SMEs, the operator told MTI on Monday. With the service, which is available free of charge, Telekom aims to support the digital transformation of businesses so that they […]
Hungary will be represented at the world's largest real estate exhibition with environmentally conscious and sustainable developments, according to a press statement by INPARK, the largest developer of Hungarian industrial real estate. INPARK could be a key player at the Hungary-Budapest stand at this year's MIPIM, one of the world's most important real estate development […]
It is important for Budapest Airport that the employees of the BUD group should be able to count on the company even in difficult economic circumstances, which is why the airport operator increased the salaries of its employees by an average of 13% last March and by 10% in October, in an extraordinary procedure, bringing […]
Provident Finance Plc. and the Hungarian Interchurch Aid are launching a comprehensive program to raise financial awareness among the most financially vulnerable groups in Hungarian society, giving them the chance to improve their living conditions. The pilot program of the initiative, based on Provident's financial support and the financial literacy of its colleagues, will be […]
Becoming a diplomat has been my dream since my early youth. Learning about other countries, cultures, and peoples, communicating with them in their languages and serving my country at the same time have always attracted me very much. Diplomacy to me is not only my work but also the way of life, my hobby and […]
To mark the centenary of the founding of the Szerencs chocolate factory, a year-long series of events will commemorate one of the country's best-known sweets in Szerencs, NE Hungary. The director of the regional Zemplén Museum, Judit Majoros told MTI that the series of events will be organized around two important dates. The first is […]
