From January 2024, the Electrolux factory in Nyíregyháza, NE Hungary, will no longer produce refrigerators. The company took this decision after examining the capacity utilization of the plant, which employs 650 people, and future volume forecasts. "The results of the impact study and the current business environment required us to act. Our goal remains to […]
In November 2022, the volume of export was 9.5% and that of import was 15% higher than in the same period of the previous year. The deficit was EUR 1 billion 415 million, the balance deteriorating by EUR 1 billion 372 million year-on-year, the Central Statistical Office reports. Compared to October, the seasonally and working-day […]
Pick Szeged Plc. will reduce the amount of plastic used for packaging by another 14%, and from the end of January, after the sliced Pick salami, Herz hams will also be available in smaller tray sizes and in renewed packaging on the shelves, the food company belonging to the Bonafarm Group announced on Wednesday. According […]
19, mostly elderly, chronic patients died last week (down from 29 in the previous week), bringing the official total number of deaths in this country to 48,677, the government's Coronavirus Press Center said on Wednesday. 620 new infections were confirmed in the past week (about the same as in the previous week), bringing the total […]
The Hungarian University of Fine Arts (MKE) and the Maharaja Sayajirao University (MSU), a giant university with 46,000 students, have signed a long-term educational and artistic cooperation agreement in India, MKE announced this Tuesday. The unprecedented educational and artistic cooperation between the Indian and Hungarian universities will enable the establishment of an academic exchange program […]
Industrial producer prices rose by 34.9% on average in December 2022 compared to one year earlier. Domestic output prices were up by 62.9% and non-domestic output prices by 20.7%, the Central Statistical Office reports. The faster growth in domestic output prices was due to the proportion of the energy industry, where a significant price increase […]
In January, GKI’s economic sentiment index rose marginally, but for the third month in a row. According to the empirical survey conducted by GKI Economic Research Co. with the support of the EU, the overall improvement in the consumer confidence index during this quarter is still within the statistical margin of error and remains below […]
The Budapest Business School (BGE) is the only Hungarian university to be included in the latest program of the UN-backed sustainability initiative PRME (Principles for Responsible Management Education), and has been awarded the title of PRME Champion, the institution has announced. As part of the program, BGE will work with 47 business universities around the […]
The German Boysen Group has announced that it will build a battery casings plant in Nyíregyháza, NE Hungary that will be the first facility of its global operation to manufacture exclusively EV products, the Hungarian Investment Promotion Agency reports. A EUR 150 million investment, over 9% of which is covered by Hungarian taxpayers through a […]
A Musical Changing of the Guard with the Scottish Bagpipe Band took place in front of the Hungarian Parliament building this Monday. The event with the Parliamentary Guard, on the occasion of the 264th anniversary of the birth of the Scottish national poet Robert Burns, was organized by the Hungarian-Scottish Society and the Robert […]
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 […]
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 […]
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 […]
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 […]
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 […]
