Qatar Airways, the World’s Best Airline is now the Global Partner and Official Airline of Formula One (F1), the pinnacle of motorsport and the world’s most technologically-advanced racing series. Qatar Airways and F1 will be partners through the 2027 season, bringing thrills and exciting speeds to fans globally, the airline has announced. In addition to […]
According to preliminary data, 7,398 children were born and 11,342 people died in Hungary in January 2023, the country’s Central Statistical Office reports. In the last twelve months, i.e. between February 2022 and January 2023, the number of births diminished by 3.4%, that of deaths by 14% and the number of marriages by 12% compared […]
Founded in 2008, ODD Consulting Ltd. has expanded its team on the third floor of the "A" category CityZen office building in Budapest, which has an excellent BREEAM rating, so the building on Váci Road has reached 100% occupancy, according to a statement by ConvergenCE investors, the owner of the office building. ODD Consulting has […]
The Hungarian real estate market plunged to a new low in January 2023, after stagnating in November and December. The 5,853 sales estimated by Duna House nationwide represented the weakest start to the year in 10 years: the last time there were fewer transactions in January was back in 2013, the property agency Duna House […]
Seven, mostly elderly, chronic patients died last week as a result of the new coronavirus (down from 31 in the previous week), bringing the official total number of deaths in this country to 48,745, the government's Coronavirus Press Center said on Wednesday. 867 new infections were confirmed in the past week (about a third more […]
In 2022, with a rental revenue of EUR 15.54 million, the Budapest industrial park Graphisoft Park achieved a pro forma net result of EUR 6.02 million, which is more than EUR 400,000 higher than the forecast published last November and 24% higher than our previous year's result. According to the company’s quarterly report published on […]
There is a new high temperature record measured on February 21 in Hungary, the country’s National Meteorological Service said on its social networking site this Tuesday. The new record for this day, 20.6 degrees Celsius recorded in Bata, Tolna County, in the south of the country was 0.7 degrees Celsius above the 19.9 degrees Celsius […]
The 35th International Olympiad in Informatics (IOI) will be held in the southeastern Hungarian city of Szeged from August 28 with the participation of about a hundred countries. This is the second time after 1996 that Hungary hosts the prestigious scientific competition. According to an announcement Deputy State Secretary for Technology in the Ministry of […]
In 2023, Hungarian society is facing an uncertain economic environment with financial difficulties, so the population is typically saving, saving and many are changing jobs in the hope of better earnings. Hungarians are divided on the economic outlook for this year, according to a representative survey by the insurance company Generali Biztosító. 51% of respondents […]
CFOs of Central European companies expect an average GDP growth of 0.33% this year compared to 2.3% in 2022, close to the 0.25% expected in 2021 during the coronavirus epidemic, the auditing firm Deloitte said based on a recent survey. According to the statement, more than half of those surveyed in Hungary, 56%, expect the […]
K&H Bank's profit after tax decreased by 10% to HUF 67.6 billion in 2022, Attila Gombás, head of K&H Bank's financial division, said at an online press conference on Monday. He pointed out the decline was mainly due to the fact that their operating costs increased more than revenues, and the impact of special taxes […]
The used car market was buoyant at the beginning of the year; in January, almost 69,000 cars changed hands, 3.7% more than a year earlier, the JóAutók.hu [‘Good Cars’] used car market portal said in its analysis on Monday, citing DataHouse's newly published preliminary data. It expects that in 2023, the number of transactions on […]
41% of medium and large Hungarian companies expect their net sales to increase this year, compared to 61% last year, and 10% of respondents think their sales will decrease, compared to 3% in 2022, according to the latest research by human resources provider Randstad Hungary. Citing the results of their new survey, the company said […]
The main challenge for players in the Hungarian new car market since the end of last year is no longer a shortage of production capacity, but a decline in demand, Peugeot's brand director, Zsófia Bálint told MTI. She recalled that a year ago, sales were still constrained by a shortage of spare parts, and the […]
This week has seen the traditional Busójárás (the March of the Busó), a pagan Hungarian heritage. It is the symbolic ‘burying’ of winter and the welcoming of spring with folk music and dance in the south-central Hungarian town of Mohács near the Serbian border. Going back to medieval roots, the march of people in frightening […]
