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20 New Members of the V4 Capital Cities Association

D&T
Sep 17, 2021

The Municipality of Budapest, Political Capital and the CEU Institute for Democracy held a major annual international conference, the Budapest Forum on Building Sustainable Democracies. Taking place on the margins of the conference, the Pact of Free Cities mayors' summit saw the alliance expanded with new members. Held at the New Town Hall, the meeting […]

Statue of the Identity Credited with Inventing Bitcoin

D&T
Sep 17, 2021

The world's first bitcoin sculpture, created by Hungarians Réka Gergely and Tamás Gilly commemorates the founder of the bitcoin cryptocurrency and the blockchain technology behind it, Satoshi Nakamoto. The sculpture was unveiled in Graphisoft Park, Budapest. The work of art honors the mysterious cryptocurrency creator Satoshi Nakamoto, a pseudonym for the Bitcoin inventor or inventors, whose […]

New Hanon Systems Plant in Pécs

D&T
Sep 16, 2021

Hanon Systems, one of the world's largest automotive air conditioning suppliers, has set up a new plant in Pécs as part of a greenfield investment. The new manufacturing facility increases production capacity for fluid transport products. The volume of the development is almost EUR 36 million, over 20% of whcih is borne by Hungarian taxpayers […]

Over 150 Programs at the Budapest Autumn Festival

D&T
Sep 16, 2021

With more than one hundred and fifty programs in thirty venues, the Budapest Autumn Festival is a renewed event in the capital between September 26 and October 10. The Hungarian news agency MTI quotes, Erzsébet Gy. Németh, the Deputy Mayor of Budapest responsible for the human fields as saying at the festival's press conference in […]

Amenhotep II and His Age Exhibition in Budapest

D&T
Sep 16, 2021

World-class material will be on display at the Museum of Fine Arts where the exhibition "Amenhotep II and his agee - The discovery of the tomb of Pharaoh" opens this Friday in the Hungarian capital. The exhibition presents the age of Egyptian pharaoh Amenhotep II and the sensational discovery of his tomb with the life-size […]

Construction Output Volume Up on Pandemic 2020

D&T
Sep 15, 2021

The volume of construction output in July 2021 surpassed the level one year earlier by 22.5% according to raw data. However, the figure was down by 0.4% compared to the previous month, the Central Statistical Office reports. In July 2021, compared to the same month of the previous year:Output rose in both main groups of construction: […]

Successful First Half of 2021 at AutoWallis Group

D&T
Sep 15, 2021

The revenue of the AutoWallis Group was HUF 97.7 billion, exceeding the revenue for the comparative period of 2020 by 156% despite the restrictions imposed and maintained due to the third wave of COVID-19, partly as a result of the transactions conducted in 2020. The sudden and dramatic decline in the revenue of rent-a-car activities […]

SEMCORP to Build First Production Plant in Debrecen

D&T
Sep 14, 2021

Construction of the SEMCORP Group's first production unit outside China begins with the laying of the foundation stone of the poduction plant producing lithium-ion battery separator films (LiBSF) in Debrecen, NE Hungary. Operational production will be launched in the first quarter of 2023. Their products are used in technical devices including electric vehicles in large […]

Hungarians Expect the Return of COVID-19 Restrictions

D&T
Sep 14, 2021

Many people expect to be able to re-enter certain places only after they have confirmed that they have been vaccinated against, or have previously survived, the coronavirus infection. 79% of Hungarians believe that the presentation of the immunity certificate card will soon be more widespread again. They think that in the fall, hotels, restaurants and […]

Hoffmann Neopac to Double Capacity in Debrecen

D&T
Sep 13, 2021

Tube packaging manufacturer Hoffmann Neopac is doubling its toothpaste tube production capacity in Debrecen. Under the project, two new production lines will be installed, which represent a unique technology manufactured by the company's own patent. With the help of this technology, the company manufactures toothpaste tubes for its premium dental customers as their exclusive supplier. […]

Steep Growth in the Number of Suicides in Hungary

D&T
Sep 13, 2021

The number of suicides saw a big jump in Hungary in 2020: 1,706 people took their own lives, compared to 1,550 in 2019. This is a 10% increase, the highest since the change of regime, the news site 444.hu reports. Beforehand, there were annual increases of 2-3% at most, for example in the 1990s and […]

COVID-19: More Fatalities and More Infected in Hungary

D&T
Sep 13, 2021

The new coronavirus was detected in 873 people in Hungary on Friday and over the two weekend days, bringing the total number of confirmed cases to 815,605, according to official figures. The coronavirus infection contributed to the death of 12 patients. The death toll of the epidemic is 30,098. Ladt Monday, 648 new infections and […]

Pope Francis Pays a Brief Visit to Budapest to Celebrate Mass

D&T
Sep 12, 2021

Pope Francis, the head of the Catholic church, spent about seven hours in Hungary this Sunday before leaving for a three-day visit to Slovakia in the afternoon. In Budapest, he celebrated the closing mass of the International Eucharistic Congress 2020. The plane carrying Pope Francis landed at 7.45 a.m. at Ferenc Liszt International Airport, where […]

Harsh Decades of the Forint

Dr. Ákos Péter Bod
Sep 11, 2021

It was on August 1, 1946 that the National Bank of Hungary introduced a new currency, the Forint. The move came as after World War II, Hungary experienced the largest inflation to that date in world history. The new currency was issued to deal with a situation that had become unmanageable. Seventy-five is not a […]

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