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Tokyo: A Gold and Two Silver Medals for Hungary on Thursday

D&T
Aug 5, 2021

In the men's kayak single 200-meter event, Hungary's Sándor Tótka needed a photo finish to be declared the winner, Tamara Csipes finished second in the women's kayak single 500-meter event while the second silver of the day for Hungary was produced by Kristóf Rasovszky in the men's 10-kilometer open water swim race.

Chinese Banking in the Region

Zalán Zubor
Aug 4, 2021

In recent years, partially state-owned Chinese banks established a presence in the Visegrád countries, mainly to aid Belt and Road projects, which started facing obstacles in recent years. In early 2020, the Hungarian National Bank has announced the registration of a new credit institution in the country, the local subsidiary of the China Construction Bank, […]

Another Silver Medal for Hungary in Tokyo

D&T
Aug 4, 2021

Hungary’s Viktor Lőrincz lost Wednesday's final of the Greco-Roman wrestling 87 kg category  at the Tokyo Olympics and had to be content with the silver medal. The 31-year-old had a reason to take revenge on two-time world and three-time European champion and Rio Olympics silver medalist Zhan Belenyuk of Ukraine after losing to that ace […]

Historically Hot Summer in Hungary

D&T
Aug 4, 2021

The National Meteorological Service (OMSZ) has confirmed that the average temperature in June and July this year was 22.9 grade Celsius in Hungary, the hottest since 1901, the state news agency MTI reports. According to OMSZ, 2021 saw the hottest July since the beginning of the 20th century, and the third-hottest June. Hungary has seen […]

Tamás Lőrincz Wins 4th Hungarian Gold in Tokyo 2020

D&T
Aug 3, 2021

Hungary's Tamás Lőrincz won the Olympic championship title in the Greco-Roman wrestling 77 kg category at the Tokyo Games after defeating Kyrgyzstan's Akzsol Mahmudov 2-1 in Tuesday's final - the second gold medal for the Hungarian delegation on this day. The 34-year-old wrestler crowned his career with this success after winning a world and four […]

Less Profit but Still Good First Half Year for Richter

D&T
Aug 3, 2021

The decline in sales of some contraceptives, the absence of major acquisitions and the exchange rate movements reduced the profit at the Hungarian pharmaceutical company Gedeon Richter Plc. The after-tax profit of Gedeon Richter Plc. fell by 9.3% to HUF 54.9 billion in the first half of this year. Yet the company's revenue rose to […]

Double Olympic Victory for Hungary in Kayaking

D&T
Aug 3, 2021

Hungarian paddlers Bálint Kopasz and Ádám Varga have won a double victory for their country in the men's single kayak 1,000-meter event held in the Sea Forest Waterway at the Tokyo Olympic Games this Tuesday. The Hungarian medal collection was also enriched with a another silver and a bronze meal - both in water sports. […]

State-Funded Movie Studio Development in Hungary

D&T
Aug 2, 2021

Construction work on four new studios at the Fót Film Studio will begin within weeks, the National Film Institute (NFI) informed the Hungarian state news agency MTI on Monday. According to the information, in the largest ever state-funded studio development, the production capacity of the Fót Film Studio, just northeast of Budapest, will be almost […]

First European Manufacturing Unit by LHSS

D&T
Aug 2, 2021

Britain-based Leyland Hose & Silicone Services (LHSS) has established its first European manufacturing unit in Szigetszentmiklós, just south of Budapest. As an automotive supplier, the company has been engaged in the manufacturing and sales of silicone hoses for more than 30 years. LHSS decided in 2019 to open a new plant in response to market […]

Esteban Ocon Wins Hungarian F1 Grand Prix

D&T
Aug 1, 2021

Alpine's French driver Esteban Ocon won the 36th Hungarian Formula 1 Grand Prix at the Hungaroring on Sunday. It was the 24-year-old driver's first career victory. At the rainy start, defending champion Lewis Hamilton (Mercedes) got away from pole position, but his team-mate, Valtteri Bottas misjudged the first braking distance, causing a pile-up: his car […]

Nádasdy Mansion Restored to Old Glory

D&T
Aug 1, 2021

The renewed Nádasdy Mansion in Nádasdladány, Fejér County, was inaugurated this Sunday and the 2,000-sqm building and the 29-hectare garden can be visited again from Tuesday. The reconstruction of the ground floor of the mansion has been completed, the fungus removal works have been finished, a modern museum shop, a projection room, a café and […]

Exhibition on the 120 Years of Hungarian Cinema

D&T
Jul 31, 2021

An exhibition celebrating the 120th anniversary of Hungarian cinema and showing relics of various eras has opened in Budapest's Ludwig Museum, hirado.hu reports. “The exhibition presents a wonderful golden age with wonderful films, Hungarian artists and those born in Hungary making an international career, it showcases the Hungarian cinema universe,” Csaba Káel, the government commissioner […]

Another Hungarian Medal at the Tokyo Olympics

D&T
Jul 31, 2021

Hungary’s Kristóf Milák won the silver medal in the men’s 100m butterfly at the Tokyo Olympics on Saturday with a European record. Milák, the winner of 200m butterfly event this Wednesday, swam in the final with the next to 100m freestyle winner Caeleb Dressel of the United States, the favorite in the 100m butterfly. The […]

Fuel Prices at Historic High in Hungary

D&T
Jul 30, 2021

This Friday the price of fuel increased in Hungary, the financial news site portfolio.hu reports based on information from the fuel price website holtankoljak.hu. The average price of gasoline per liter rose by HUF 5 to a historic high of HUF 454, while the average price of diesel per liter increased by HUF 6 to […]

Budapest Airport Purchases Green Energy

Sándor Laczkó
Jul 30, 2021

Budapest Airport purchased 840 Mwh of green energy, taking another step towards its sustainability objectives. The purchased electricity equals the monthly electricity consumption of 3,500 households of a family of four people. The electricity company ELMŰ-ÉMÁSZ issued a green certificate to the airport operator for this environmentally friendly decision. This document is provided to those […]

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