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Quantum Computing National Laboratory Development

D&T
Mar 21, 2023

A consortium led by the ELKH Wigner Research Center for Physics (Wigner FK) has won a HUF 3.5 billion grant from the National Research, Development and Innovation Office (NKFIH) to develop the Quantum Informatics National Laboratory (KNL). According to a statement issued by the National Research Council on Monday, the key objectives of the project, […]

Kempinski Hotel Corvinus Budapest: New Executive Suites

D&T
Mar 20, 2023

The complete renovation of five panoramic corner suites was recently finished in Kempinski Hotel Corvinus Budapest. The design for the suites was prepared by the Hungarian interior design firm Biva Atelier. Together with these five, a total of 15 Executive Suites are now available to guests in the hotel. A lot of natural light flows […]

Budapest Metro Line Back in Service After Restoration

D&T
Mar 20, 2023

As of this Monday afternoon, underground trains again run between the two terminals on the Hungarian capital’s M3 metro line as the renovation of all but two stations have been completed. Over three quarters of the renovation costs have been covered by EU funding. Some 3,500 people have worked for the past five and half […]

Mensa HungarIQa Celebrates 30th Anniversary

D&T
Mar 20, 2023

Mensa HungarIQa Association, the group of the most intelligent 2% of Hungarians, celebrates its 30th birthday this Monday. To mark the anniversary, the organization will promote intelligence and the importance of problem-solving thinking with a series of national events, IQ days and a range of test-taking opportunities. Over the past 30 years, Mensa HungarIQa has […]

Hungarian Companies Want a Stable Forint

D&T
Mar 20, 2023

Hungarian business leaders say they do not want a strong or weak exchange rate, but stability, according to an analysis by the financial news site portfolio.hu. The exchange rate of the Hungarian currency, the forint (HUF) against major currencies like the euro or the US dollar has been helped by high interest rates, but business […]

Hungarians Dominate World Ultramarathon Competition

D&T
Mar 19, 2023

Gábor Rakonczay and Viktoria Brown won the six-day world ultramarathon running championships organized by the Global Organization of Multi-Day Ultramarathoners (GOMU) in Policoro, Italy. Rakonczay, a Guinness World Record holder in cross-Atlantic canoeing, took the lead at the 123rd hour of the race and crossed the 800-kilometer mark on Saturday morning, giving him almost eight […]

BUX Index Fell on Rising Turnover This Week

D&T
Mar 19, 2023

The stock index of the Budapest Stock Exchange (BSE), the BUX, closed the week 5.35% lower at 40,771.24 points, down by 2,306.45 points compared to the previous Friday, MTI reported this Sunday morning along with a brief analysis. Total turnover on the stock market rose from HUF 47.274 billion to HUF 61.245, even though the […]

Over 10,000 More Ukrainian Refugees Arrived in Hungary

D&T
Mar 19, 2023

The flow of refugees from war-torn Ukraine continues. On Saturday, 5,672 people entered Hungary at the Ukrainian-Hungarian border, while 4,998 of those entering at the Romanian-Hungarian border said they had come from Ukraine, the National Police Headquarters (ORFK) said. As MTI reported Sunday morning, of those who entered, police issued 82 people with temporary residence […]

Decline in Life Expectancy at Birth in Hungary

D&T
Mar 18, 2023

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 […]

Yettel Builds 5G Network at Óbuda University

D&T
Mar 18, 2023

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. […]

Civita Group Opens Maize Products Plant

D&T
Mar 18, 2023

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 […]

ALTEO Concludes the Acquisition of Two Companies

D&T
Mar 17, 2023

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 […]

Schneider Electric To Build New Smart Factory

D&T
Mar 17, 2023

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 […]

Another Award for Budapest’s Main Airport

D&T
Mar 17, 2023

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 […]

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