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Articles by Date

May 2023

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No Mol Employees Present at the Attack in Pakistan

D&T
May 23, 2023

There were no employees of the Hungarian oil and gas company Mol were present at the company-operated wells in Pakistan where security forces were attacked. Production at the wells has been temporarily shut down by remote access and placed in security mode until the official on-site investigation is completed, Mol told MTI on Tuesday. The […]

Richter to Commercialize Product Portfolio in Brazil

D&T
May 23, 2023

Gedeon Richter Plc. has announced on the website of the Budapest Stock Exchange that its Brazilian affiliate Gedeon Richter do Brasil Importadora Exportadora e Distribuidora SA signed an agreement with Grünenthal do Brasil Farmaceutica Ltda on the commercialization of the latter‘s Women’s Healthcare portfolio. The portfolio includes oral contraceptives Belara and Belarina and food supplements […]

Google Extends Flood Warning Platform to Hungary

D&T
May 23, 2023

Google is extending its flood prediction platform to Hungary, the company's press office told MTI on Tuesday. According to the statement, Google has been working for a long time to help tackle the climate crisis through artificial intelligence, and as part of its efforts, it is expanding its flood forecasting capabilities to 80 countries. The […]

Over 3.5 Tons of Waste Collected at the Maros PET Cup

D&T
May 23, 2023

The participants of the four-day Maros PET Cup, which started in Apátfalva and ended in Szeged, collected 607 bags, an estimated 3.6 tons of waste, the organizer Természetfilm.hu Association informed MTI on Tuesday. According to the press release, the Tisza PET Cup has been organising waste collection competitions for more than ten years, and this […]

Decreasing Sales and Lending in the Real Estate Market

D&T
May 23, 2023

Both the number of sales and the volume of lending in the real estate market declined in the first quarter of this year, and this low market activity is also affecting the supply side of the housing market, Sándor Winkler, head of the National Bank of Hungary (MNB), said at an online press conference. Based […]

EU Support for the University of Fine Arts

D&T
May 22, 2023

The Hungarian University of Fine Arts (MKE) has won a non-refundable grant of HUF 804.93 million from the European Union for the development of a complex digital infrastructure. The long-term objective of the project, which is funded by the EU's Instrument for Recovery and Resilience, is to develop the infrastructure, organization, education, research and development […]

Budapest M3 Underground Line Renovation Complete

D&T
May 22, 2023

The renewed stations of metro line 3 at Lehel Square and Nagyvárad Square were inaugurated in Budapest on Monday morning and will be open to passengers in the early afternoon. The five-and-a-half-year reconstruction of the ‘blue’ metro line is now complete. Speaking at the opening of the last of the renovated stations at the final […]

GKI's Economic Sentiment Index Slightly Up in May

D&T
May 22, 2023

Although GKI’s economic sentiment index rose in May compared to April, it still did not reach its March level. Business expectations also remained worse than in March, despite an improvement in May. Consumer expectations deteriorated in May compared to April. However, according to the empirical survey conducted by GKI Economic Research Co. with the support […]

Continued Flow of Ukrainian Refugees

D&T
May 22, 2023

On Sunday, 5,543 people entered Hungary at the Ukrainian-Hungarian border, while 7,324 of those entering at the Romanian-Hungarian border said they had come from Ukraine, the National Police Headquarters (ORFK) said. As reported by MTI on Monday morning, of those who entered, police issued 49 people with temporary residence permits valid for 30 days. They […]

Hungarian Interchurch Aid to Help Italian Flood Victims

D&T
May 21, 2023

The Hungarian Interchurch Aid (HIA) is supporting the victims of the flooding in northern Italy with HUF 3 million, the extraordinary donation will contribute to the humanitarian aid of the local community of Forli, the HIA told MTI on Sunday. They recalled that in recent days "the flood of the century" has caused unprecedented devastation […]

Hungarian Success at a World Science Competition

D&T
May 21, 2023

László Barna Benedek, a senior student of the Szent István High School in Budapest, representing Hungary, has been awarded a Certificate of Honorable Mention at the International Science and Engineering Fair (ISEF), the world science competition in Dallas, Texas in the United States. The world’s most outstanding young scientists, engineers and researchers had qualified for […]

BUX Index Rising on Falling Turnover

D&T
May 21, 2023

The Budapest Stock Exchange (BSE) share index, the BUX, closed Friday at 46,587.39 points, up 1.18% or 543.36 points, MTI reported Sunday morning along with a brief analysis of the weeks trading. The turnover of the stock market fell from HUF 39.022 billion to HUF 32.078 billion in a week, with the leading shares, except […]

Zrínyi Fortress Re-opens After Renovation

D&T
May 20, 2023

The renewed Zrínyi Fortress in Szigetvár, S Hungary, was inaugurated, which has seen more than HUF two billion worth of tourism improvements over the past three years. The fortress, which is famous for the heroic stand of Miklós Zrínyi and his fellow martyrs against the Turks in 1566, was renovated as part of the National […]

Logistics Development by Transit-Speed

D&T
May 20, 2023

Hungarian-owned logistics firm Transit-Speed Ltd. invested EUR 10.7 million in Kisvárda, NE Hungary to set up new warehouses and beef up its wagon loading technology. Now that the developments are complete, 20 new jobs have been created. Over one third of the investment costs are covered by Hungarian taxpayers through a government decision. Transit-Speed Kft. […]

Renewed Czóbel Exhibition in Szentendre

D&T
May 20, 2023

From Saturday, a new permanent exhibition entitled 'Palettes', presenting Béla Czóbel's artistic and social contacts, is on display at the Czóbel Museum in the town of Szentendre, north of Budapest The exhibition presents the relationships Béla Czóbel and his wife, Mária Modok, developed with contemporary artists during their years in Paris and Hungary, including Szentendre, […]

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