The volume of industrial production declined in February 2023 by 4.6% year-on-year in Hungary, the Central Statistical Office reports. The working day adjusted index is equal to the non-adjusted one. According to seasonally and working-day adjusted data industrial output was 0.3% higher than in January 2023. The majority of the manufacturing subsections contributed to the […]
An exhibition of photographs, video animations and space installations inspired by the Hungarian painter and sculptor Victor Vasarely open in Pécs, S Hungary on Wednesday. The works were created in the framework of a course organized by the Photography Department of the Moholy-Nagy University of Art and Design (MOME) in collaboration with the Janus Pannonius […]
A farewell ceremony for the Hungarian police contingents leaving for Northern Macedonia was held in Budapest on Tuesday. One of the contingents will be deployed on the Serbian - North Macedonian border, while the other will be on the North Macedonian - Greek border. Both units will consist of about thirty members. Earlier, Hungarian police […]
Fewer apricots and peaches may be harvested this year due to spring frosts, especially of the early varieties that can be harvested in June, FruitVeb Hungarian Fruit and Vegetable Interbranch Organization and Product Council said in a summary published on its website on Tuesday. The arctic cold snap on March 15 has not yet caused […]
According to preliminary data reported by the country's Central Statistical Office (KSH), the deficit of the general government sector in 2022 was HUF 4,159 billion, 6.2% of GDP. The balance deteriorated year-on-year by HUF 209 billion, and improved by 0.9 percentage points as a proportion of GDP. KSH says it reported the data to Eurostat, […]
The Korean Cultural Center's exhibition ‘Insights into Nature and Humanity’ provides a comprehensive overview of Korean contemporary photography. The selection of more than 100 images, on display from Tuesday until June 30 as part of the Budapest Photo Festival, spans the past 40 years of South Korean photography through the personal journeys of twelve well-known […]
29,561 new passenger cars were registered in Hungary in the first quarter of this year, 1.2% more than in the same period last year, the Hungarian Association of Motor Vehicle Importers (MGE) told MTI on Monday. The professional organization assessed the growth as encouraging, indicating that this is mainly due to the improvement of the […]
The seasonally adjusted Purchasing Managers' Index (PMI) for March fell to 55.3 points from 56.3 points in February, with respondents reporting slower growth than in the previous month, the Hungarian Logistics, Purchasing and Inventory Management Association (MLBKT) said on Monday. Compared with the previous March figures, this year's figure is higher than the long-term average […]
Hungary's leading manufacturer of hygiene paper products, Vajda-Papír, has pledged to reduce its water consumption by 20% by 2030, increase the use of renewable energy by 50% and become carbon neutral by 2050. In a statement sent to MTI, the company said that over the past ten years, it has invested around HUF 40 billion […]
The European Investment Bank (EIB) provided climate finance totalling more than EUR 600 million in 2022 to accelerate the green transition in Hungary, the EIB reports. In 2022, the EIB’s operations in the country included financing for energy, transport and innovation, and small and medium-sized enterprises (SMEs) and mid-caps. Three-quarters of total financing signed across […]
The Road to Smiles Foundation "painted the country blue" on the occasion of World Autism Day this Sunday. Several buildings in Budapest and in the countryside, as well as online spaces, were also turned blue as part of the Foundation's #éniskékvagyok [I’m also blue] campaign. Every year, more and more people join the awareness-raising initiative […]
According to data from the Hungarian Energy and Public Utility Regulatory Authority (MEKH), the filling level of domestic natural gas storage facilities in Hungary was 2.86 billion cubic meters on March 15, which is 45.23% of total capacity. Compared to a year ago, there was 1.6 billion cubic meters more gas in storage in mid-March […]
The Budapest Stock Exchange (BSE) stock index rose this week amid falling turnover, closing at 42,318.34 points on Friday, 1.19% higher than a week earlier, MTI reported this Sunday morning along with a brief analysis. The weekly turnover of the stock market was HUF 34.13 billion, up from HUF 46.88 billion the previous week, with […]
From Saturday, April 1, the trains of the cogwheel railway (bearing the number 60) are running again between the terminals of Városmajor and the Children’s Railway station in Széchenyi Hill in the Buda Hills. The railway line was closed for the winter in recent months. During this period, several hundred meters of track were replaced […]
The deficit of the external trade in goods in Hungary was EUR 413 million in January, the adjusted volume of export decreased by 0.5%, while that of import increased by 5.0%, compared to December, as shown by a new report by the country's Central Statistical Office (KSH). In January 2023, the volume of export was […]
