31, mostly elderly, chronic patients died last week (up from 30 in the previous week), bringing the official total number of deaths in this country to 48,738, the government's Coronavirus Press Center said on Wednesday. 830 new infections were confirmed in the past week (also slightly up from the previous week), bringing the total number […]
The 2022-2023 edition of the International Property Awards were held in London earlier this month with Matild Palace, a Luxury Collection Hotel Budapest winning seven awards. The International Property Awards is a world-renowned mark of excellence, celebrating the highest levels of achievement by companies operating in all sectors of the property and real estate industry. […]
The peak of solar panel electricity production has been broken, with domestic solar power plants producing nearly 2,000 megawatts more than ever before on February 10, the Ministry of Energy told MTI on Tuesday. Weather-dependent renewables accounted for more than a third of total domestic electricity consumption on the record-breaking day, the statement said. The […]
Hungary’s gross domestic product increased by 0.4% according to raw data and by 0.9% according to seasonally and calendar adjusted and reconciled data in the 4th quarter of 2022 compared to the corresponding period of the previous year, the Central Statistical Office reports. Compared to the previous quarter, the economic performance diminished by 0.4% according […]
Belotti Ltd., a company specializing in the construction of industrial floors, is building a factory hall of 600 square meters in Szekszárd, southern central Hungary with 50% support from the Economic Development and Innovation Operational Program Plus. The facility, which will be built as an extension of the company's existing 400-square-meter warehouse and production hall, […]
Two thirds of the EU's globally endangered Saker falcon population nest in Hungary. The work in the six-year project to protect this Hungarian bird of prey is being supported in 75% by the European Union's LIFE program with co-financing from the Hungarian state and project partners. The Saker is Hungary's cult bird, most probably the […]
Waberer’s International Plc. has announced on the website of the Budapest Stock Exchange that it signed a contract with Bayer Construct Construction Plc. this Monday for the construction of a warehouse complex in Ecser, east of Budapest. The size of the planned new warehouse is 47,000 square meters, the total investment amount of the warehouse […]
The first well at the hydrocarbon deposit discovered in the Sarkad region is put into operation this Monday, while drilling of the second well at the Nyékpuszta field will start in the coming days, the Ministry of Energy (EM) has informed MTI. The government is strengthening Hungary's energy sovereignty and security of supply by meeting […]
The sale of tickets in Hungary's oldest existing lottery game, ‘Ötöslottó’ – in which players should guess the five winning numbers out of 90 – began on February 13, 1957, state-owned gambling company Szerencsejáték Zrt. [literally: ‘Game of Chance Plc.’] said in a statement on Monday. According to research by the company, the awareness of […]
In December 2022, the volume of industrial production grew by 2.0% while construction output volume decreased by 3.9% – both year-on-year – in Hungary, the country Central Statistical Office (KSH) reports. While the annual growth figure of industrial production was 2.0%, based on working-day adjusted data, production rose by 5.7%. As KSH explains, compared to […]
On Sunday morning, the rescue team of the Hungarian Baptist Aid – the HUBA Rescue24 Firefighting and Search and Rescue International Group together with medical experts, 18 in total, and eight search dogs – arrived at Budapest's Liszt Ferenc Airport from Turkey where they had rescued seven people from the rubble. The team, which worked […]
The turnover of Starschema Ltd. reached HUF 7.7 billion last year, an increase of 55% compared to 2021, the IT company has told MTI. The domestic market leader in data analytics and data visualization has boosted its growth rate despite the unfavorable economic environment, closing with a 20-25% increase in previous years, it said. This […]
The Budapest Stock Exchange (BSE) share index rose this week on a declining trading volume, closing at 46,007.11 points on Friday, 610.78 points, 1.35% higher than a week earlier, MTI reported this Sunday morning along with a brief analysis. Weekly turnover on the stock market was HUF 43.91, up from HUF 55.39 billion the previous […]
Energy consumption in Hungary decreased in December last year compared to the same month of the previous year, with natural gas consumption falling by 24% and electricity consumption by 8.2%, the Hungarian Energy and Public Utility Regulatory Authority (MEKH) said on the basis of data published on its website. According to the communiqué, based on […]
PowerQuattro Plc. has developed a new railway safety device, which has received more than HUF 294 million in non-refundable EU funding for the project under the Széchenyi 2020 program, the company told MTI. The research and development project, which was carried out over a period of two and a half years, involved the development of […]
