The Hungarian government has decided to extend the gasoline and food price freeze, the Minister heading the Prime Minister's Office, Gergely announced at the Government Info in Budapest on Saturday afternoon. According to the minister, the war and the sanctions in response response had led to a brutal rise in energy prices, which in turn […]
The growth in passenger numbers, typical of the summer months, continued in August, with a total of 1,299,814 passengers passing through Budapest Ferenc Liszt International Airport. August was thus the third month in a row when passenger traffic reached or exceeded 80% of the record-breaking 2019 volume before the coronavirus pandemic, and the fourth month […]
The Hungarian government has paid 40% of the construction costs of a new HUF five billion cheese factory complex in Szekszárd, Southern Hungary. Tolnatej's new plant will have the capacity to produce 19,000 tons of cheese a year, and the development will secure the company's operations and jobs for the coming period, the Finance Ministry […]
Under its Green Program, the National Bank of Hungary (MNB) has launched a research methodological project to assess the financial risks related to the decline in biodiversity and to develop financial supervisory methodologies to address those risks, according to a press release by the Bank. The nearly two-year project is financed by the European Union […]
The digital economy has been a key contributor to the economic development of countries in central and southeastern Europe. As Europe tackles the combined crises triggered by the pandemic and the invasion of Ukraine, digital economy may emerge as the means to mitigate the impacts. The digital economy has historically been a key growth driver […]
The new site of the waste treatment and recycling company Saubermacher-Hungary Ltd. in Kecskemét was inaugurated this week. It was built with an investment of HUF 1.5 billion, with the support of the Hungarian state, which provided around HUF 256 million (17%) of the investment costs. Péter Horváth, Managing Director of Saubermacher-Magyarország Ltd., emphasized that […]
The volume of construction output in July 2022 in Hungary surpassed the previous year’s level by 3.0%, according to raw data, the country's Central Statistical Office reports. Out of the main groups of construction, the output at construction of buildings increased by 0.5%, that of civil engineering grew by 7.0%. Based on seasonally and working […]
The amount of electricity generated by solar panels in Hungary increased by 25.2% this June compared to the same period last year, the Hungarian Energy and Public Utility Regulatory Authority (MEKH) said on Thursday, based on its latest energy statistics report. They added that solar energy accounted for three quarters of the electricity generated from […]
The Budapest theater Vígszínház [‘Comedy Theater’] held its season opening meeting on September 14. For the 2022/23 season, the theater is planning to present eight shows in three venues. On October 8, Viktor Bodó will direct Kafka's ‘The Castle’, while on October 22, the Pesti Theater will premiere a contemporary English play, ‘Incognito’, directed by […]
Aggregated data published on the related government website koronavirus.gov.hu show that 42 patients died over the past week. They were mostly elderly and chronic patients, bringing the official total number of deaths as a result of the new coronavirus pandemic to 47,409. A total of 11,596 new infections were confirmed last week, bringing the total […]
The new US Ambassador to Hungary, David Pressman, had a "productive conversation" with the President of the Republic of Hungary when he handed over his credentials. New US Ambassador to Hungary David Pressman said he was honored to present his credentials to President Katalin Novák at the Sándor Palace on Wednesday. The diplomat shared several […]
A Hungarian military contingent, partly composed of reservists, begins its six-month duty in Iraq. The 139 soldiers were bid farewell on Wednesday in the main square of Nyíregyháza, NE Hungary, in the presence of their relatives and military leaders. This is the first contingent in the history of the Hungarian Defense Forces to be made […]
Premiere ride in the new hydrogen train: Dr. Roland Busch, CEO of Siemens AG, Dr. Richard Lutz, CEO of Deutsche Bahn, and Hartmut Höppner, State Secretary in the Federal Ministry for Digital and Transport (BMDV), were taking their first ride in the Mireo Plus H hydrogen recently, a press release by Siemens reports. The train’s […]
A new exhibition of the works of János Vaszary, a foremost master of Hungarian fine art distinguished by great stylistic diversity, opening in the Hungarian National Gallery this Wednesday, presents seventy paintings out of which twenty-four were previously unknown to the public as well as to professionals. The paintings encompass virtually the entirety of Vaszary’s […]
The foundation stone of Bosch’s new building complex of 3,500 sqm has been laid in Zalaegerszeg, SW Hungary. The facility that will be home to 200 engineers tasked to research and test technology related to autonomous driving, e-mobility and artificial intelligence (AI), the Hungarian Investment Promotion Agency reports. The EUR 11.4 million project, close to […]
