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Improving Hungarian Tourism Figures

D&T
Jan 30, 2023

The performance of Hungarian tourism in 2022 has exceeded all expectations; the sector is still on an upward trajectory, thus, the sector's performance this year may exceed the results achieved in the record year of 2019, Zoltán Guller, Chairman of the Board of the Hungarian Tourism Agency (MTÜ), said at a press conference in Budapest […]

Arts and Culture of Ghent Presented in Veszprém

D&T
Jan 30, 2023

Through InterUrban, the amazing melodies, flavors and creative talents from 29 cities from 25 countries are being brought to Veszprém and the Bakony-Balaton region, a press release by the organizers of the Hungarian European Capital of Culture points out. The featured InterUrban city will change every two weeks. The second city presented in the program […]

Influenza Spreading in Hungary: Some Hospitals Closed

D&T
Jan 29, 2023

After Szeged in the southeast and Nagykanizsa in the southwest, a visiting ban has been imposed in the hospitals of Békés county due to the spread of the flu epidemic. Currently, Békés County is the fastest spreading county in Hungary. Due to the rise in influenza-like illnesses, a ban was first imposed on inpatient wards […]

Australian Open: Hungarian Winner at a Special Event

D&T
Jan 29, 2023

Hungary’s Gábor Máthé has won men’s Deaf & Hard of Hearing (DHoH) exhibition event at the Australian Open tennis championships in Melbourne. The 37-year-old player from Debrecen beat Marino Kegl 6:4, 6:2 of Slovakia in the final. Ten players participated at the Deaf & Hard of Hearing tournament in two groups with round-robin matches deciding […]

BUX Index Rose on Falling Turnover This Week

D&T
Jan 29, 2023

The stock index of the Budapest Stock Exchange (BSE) rose this week amid falling turnover, closing at 46,645.41 points on Friday, 205.27 points, 0.44% higher than a week earlier, MTI reported this Sunday morning along with a brief analysis of the week’s trading. Weekly turnover on the stock market was HUF 38.95 billion, down from […]

Ukrainian Students at Invisible University in Budapest

D&T
Jan 28, 2023

The Russian invasion of Ukraine, which has been dragging on for almost a year, has begun to destroy the existence of Ukraine from many directions, and Ukrainian intellectuals are also struggling to survive. University courses for Ukrainian students have been organized in Budapest. This is a kind of therapy for them, in addition to the […]

Duna House Increases Ownership in Hgroup

D&T
Jan 28, 2023

Duna House Holding Plc. (DHG) has informed the capital market participants on the website of the Budapest Stock Exchange that it has increased its ownership in the Italian Hgroup S.P.A. from 70.00% to 71.14% on December 6, 2022 and subsequently to 77.13% on January 26, 2023 by purchasing shares from three minority shareholders who no […]

Community Space Created with EU Support in Szeged

D&T
Jan 28, 2023

A community space has been created on the first floor of the Belvedere Palace in Szeged, SE Hungary, with support from the European Union, the Csongrád-Csanád County Municipality, has announced. According to the press release, the investment will enable the municipality to provide the population of the county with a worthy and accessible space for […]

AutoWallis Gains Ownership of Fleet Management Division

D&T
Jan 27, 2023

After the Hungarian Competition Authority granted its approval, the acquisition of the Nelson Group’s fleet management division has been successfully closed by AutoWallis Group, the latter has announced on the website of the Budapest Stock Exchange. By obtaining Nelson, which is among the ten largest players on the fleet management market, the automotive company has […]

Hungary's Population Continues to Decrease

D&T
Jan 27, 2023

7,366 children were born and 11,940 people lost their lives in December, which means a natural decrease of 4,574 compared to the previous month and 45,300 in the year 2022, the Central Statistical Office reports. In 2022, the number of births diminished by 5.0%, that of deaths by 13% and the number of marriages by […]

Hungary Faces Steep Economic Challenge in 2023

D&T
Jan 27, 2023

Hungary’s ruling Fidesz party faces probably the toughest year of its 13-year reign at the helm of the country. The economic picture is bleak and the silver lining very slim. The energy crisis engulfing Europe and Hungary, the ongoing stand-off with the EU and consequent freezing of funds, and the impact of the war in […]

Science and Innovation Park with EU Funding in Pécs

D&T
Jan 27, 2023

The establishment of a science and innovation park has begun at the University of Pécs (PTE) as part of a development project funded by the European Union with nearly HUF 4.5 billion, which will be completed this autumn, it was announced at a press conference in the Baranya County seat on Thursday. As one of […]

Logistics Real Estate Increased by Nearly 120,000 sqm

D&T
Jan 27, 2023

In the last three months of the year, 60,900 square meters of new logistics real estate was delivered in the Budapest agglomeration, while in the countryside almost 48.300 square meters were delivered, according to the Budapest Real Estate Consultants' Forum (BIEF). Last year, a total of 333,210 square meters of new space was added to […]

E.ON Hungária: HUF 74 Billion Network Development

D&T
Jan 26, 2023

The E.ON Hungária Group is launching a HUF 74 billion network development project, half of which will be financed from its own resources and the other half from the EU's Recovery and Resilience Facility (RRF) program, pre-financed by the Hungarian government, the Group announced at a press conference in Budapest on Thursday. The Group's Deputy […]

IKEA Hungary's Turnover Was Up by Almost 20% Last Year

D&T
Jan 26, 2023

IKEA Hungary achieved a turnover of HUF 130 billion in the financial year 2022, an increase of almost 20% compared to the previous year, while online sales grew at an even higher rate of 34%, the home furnishing chain told MTI on Thursday. The stores welcomed 3.5 million shoppers, while the share of online shopping […]

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