The impact of the new coronavirus epidemic is also reflected in life expectancy at birth: while in 2020, it was 75.7 years in Hungary, according to Eurostat data, it fell to 74.3 years in 2021. Such a decline is unprecedented in Hungary since 1960. According to pension expert András Farkas, the pandemic has hit life […]
Óbuda University in Budapest has signed a partnership agreement with mobile operator Yettel Hungary to build a mobile communications network at the university using 5G technology. In the framework of the strategic cooperation, the mobile company will cooperate with the higher education institution in the field of recruitment, in addition to supporting education, the university. […]
Family-owned Civita Group Plc. has inaugurated a plant for the production of gluten-free pasta, edible plates and cups, owned by its subsidiary, Agri-Corn Ltd., in Monostorpályi, NE Hungary. The company is one of Europe's largest manufacturers of maize products, processing 40,000 tons of GMO-free maize per year and providing 200 families with stable employment for […]
The Hungarian energy company ALTEO has acquired shares embodying 100% of the share capital of the energetics company Energikum. Energikum holds the stake embodying 99% of the issued capital of Energigas Ltd., which owns a biogas plant in Nagykőrös, SE of Budapest. ALTEO is currently the 1% minority shareholder of Energigas. ALTEO also operates the […]
The groundbreaking ceremony this Friday marked the latest phase of Schneider Electric’s EUR 40 million investment in Dunavecse, central Hungary, as a result of which a smart factory will be set up to manufacture medium voltage electrical switchgears. The project will boost supply to state-of-the-art energy management and industry automation solutions, thus can contribute to […]
Ferenc Liszt International Airport has been named ‘Best Airport in Eastern Europe’ by Skytrax at the World Airport Awards in March for the tenth time in a row. This is its second major accolade in a month. At the beginning of March, ACI chose Ferenc Liszt International Airport as the best airport in Europe among […]
Hungarian lawmakers are delaying a crucial vote on the NATO accession bid of Finland and Sweden in a move that analysts believe is designed to exert pressure on the EU. The Union has frozen billions of euros in funding destined to Hungary over rule of law concerns and Budapest may be playing quid for pro […]
77% of Hungarians are open to buying second-hand products online, 64% have already bought such products online and 8% are confident that they will do so in the future, according to a recent representative survey by Opinio Institue Ltd., conducted on the occasion of the March 18 World Recycling Day. In the survey, commissioned by […]
Sales revenue by Audi Hungaria Plc., a member of the Audi group and the central engine supplier to the Audi and Volkswagen groups, increased by EUR 719 million (HUF 284.4 billion) last year, and its profit after tax by EUR 11 million (HUF 4.352 billion), the company said at its annual press conference at its […]
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. […]
