Six hours of free mega-concerts with local stars, emerging talents and music together – that's what those interested can expect at downtown Szabadság Square in Budapest on October 8. The Yettel Stage platform has brought together established musicians with bands at the beginning of their careers to give a boost to newcomers, with the support […]
In July 2022, the volume of Hungarian exports was 1.3% lower while that of import was 1.5% higher than in the same period of the previous year. The deficit was EUR 1.3 billion, the balance deteriorating by EUR 1.1 billion compared to a year earlier, the Central Statistical Office (KSH) reports. Compared to June, the […]
The Hungarian Jazz Federation has announced that Béla Szakcsi Lakatos, Kossuth Prize-winning pianist, composer, national artist and outstanding figure of Hungarian jazz, passed away at dawn on Sunday at the age of 79. His person is intertwined with the development and expansion of Hungarian jazz, and his passing is an irreplaceable loss, they wrote. Béla […]
Overall, Budapest and the western part of the country offer better opportunities in education, culture, shopping and the labor market, while in Eastern Hungary, it is easier to get a home, according to the Takarék Index Livability Survey, conducted by Takarék Jelzálogbank [‘Savings Mortgage Bank’], a Magyar Bankholding member, on education, healthcare, culture, crime, the […]
In August 2022, 8,073 children were born and 10,224 people died according to preliminary data. In the last twelve months, i.e. between September 2021 and August 2022, the number of births diminished by 1.5%, and that of deaths and marriages by 8.1% compared to the period one year earlier. In August 2022: A total of […]
The Budapest Stock Exchange's (BSE) share index, the BUX, closed Friday at 37,838.30 points, 819.11 points or 2.12% lower than the previous week, the state news agency MTI reported this Sunday morning along with a brief analysis. Weekly turnover on the stock market was HUF 47.5 billion, down from HUF 47.9 billion the previous week, […]
This year sees a major milestone in the history of Kempinski Hotels as the company celebrates its 125th birthday, while Kempinski Hotel Corvinus Budapest marks its 30th year in September. This anniversary represents an important jubilee for the hotel, following three decades of precious moments, memories and experiences in the art of hospitality, according to […]
Industrial producer prices were up by 43.4% on average in August 2022 compared to one year earlier. Domestic output prices were 66.6% and non-domestic output prices 31.6% higher, the Central Statistical Office KSH) reports. The faster rate of increase in domestic output prices was owing to the larger proportion of the energy industry, where a […]
Nestlé Hungária's profit fell to HUF 1.483 billion in the first half of the year from HUF 1.975 billion last year, according to a report published on the website of the Budapest Stock Exchange (BSE). The food company's half-year sales increased from HUF 82.9 billion to HUF 103.9 billion, including foreign sales from HUF 17.2 […]
Proceeds of the Runway Run, the running race at the Hungarian capital's Ferenc Liszt International Airport, amounted to close to HUF 14 million this year. The airport's management company Budapest Airport handed over a part of the donation, 6.6 million HUF, to the SUHANJ! Foundation, while the remainder will be donated to Anthony Nolan, a […]
Shocking, fascinating and you wonder how it's possible. These were the words visitors used to describe their experience at the opening ceremony of ‘The Art of The Brick’ exhibition in Budapest, according to a LEGO press release. The exhibition features sculptures and creations made exclusively from LEGO® building blocks by New York artist Nathan Sawaya. […]
According to preliminary data, the deficit of the general government sector in the 1st half of 2022 was HUF 893 billion, 2.8% of GDP. The balance improved by HUF 627 billion, or by 2.9 percentage points as a proportion of GDP compared to the same period of the previous year. In the 1st half of […]
At its meeting this week, the Monetary Council of the National Bank of Hungary (MNB) reviewed the latest economic and financial developments and decided to raise the central bank base rate with 125 basis points to 13.00% with effect from September 28, 2022. Experts recall that the last time the base rate was this high […]
This year, 130 exhibitors, more than 40 foreign authors and 150 programs await the public at the Festival from this Thursday until October 2 at the National Dance Theater and the Europa Pont, next to the Millenáris event center. After a two-year hiatus, the Budapest International Book Festival will reopen, said poet and writer Krisztina […]
The National Bank of Hungary (MNB) will issue a collector coin of HUF 2,000 called ‘Király kis Miklós’ (King Little Cause) on writer Elek Benedek’s birthday, on the day of Hungarian folk tales. This collector coin is the second piece of the seven-piece non-ferrous metal collector coin series, launched last year, whose dedicated objective is […]
