8,867 people entered Hungary on the Ukrainian-Hungarian border on Saturday, while 11,344 of those crossing the Romanian-Hungarian border said they had come from Ukraine, the Hungarian National Police Headquarters (ORFK) told the state news agency MTI on Sunday. Of those who entered, police issued 470 people with temporary residence permits valid for 30 days. They […]
A convoy of 60 special cars arrived in Budapest on Saturday. The ‘Rally for Heroes’ has been on the road since 2010, collecting donations of some GBP half a million since. This time, they stopped in the Hungarian capital and brought donations for Hungarian children. This Saturday afternoon, the special vehicles lined up at Heroes' […]
Szeged-based Medikémia Plc., a manufacturer of car care products, household products and paint aerosols, is expanding its capacity with an investment of more than HUF 350 million with EU support, the company informed the state news agency MTI. According to the statement, HUF 247 million forints of the costs of the development, which will be […]
Leading market player Contemporary Amperex Technology Co. Ltd. (CATL) will invest EUR 7.34 billion to build a 100 GWh battery plant in Debrecen, E Hungary, the Hungarian Investment Promotion Agency (HIPA) reports. The investment that is to create over 9,000 new jobs will become Hungary’s largest FDI project ever and is set to strengthen the […]
The popular western Hungarian spa town of Bük will turn into a real dog paradise after Nestlé Hungária's PURINA division launches the program ‘Dog-friendly Bük’ in cooperation with the local authorities and local entrepreneurs. A statement by the company says that in Hungary and globally, pets are gaining ground in tourism. More and more people […]
In June 2022, the volume of industrial production grew in Hungary by 1.5% year-on-year, the country’s Central Statistical Office reports. In the same month, also compared with a year earlier, industrial production grew by 2.4% in the euro zone and by 3.2% in the EU, according to data by Eurostat. In Hungary, decreases were recorded […]
The Yunus Emre Institute is a world-wide non-profit organization created by the Turkish government in 2007. Named after the famous 13th-14th-century poet Yunus Emre, it aims to promote the Turkish language and the Turkish culture around the world. Its objectives include carrying out educational practices with certificate programs in fields such as Turkish language, history, […]
Hungarian consumer prices rose the most since 1998 on the back of soaring food costs. Analysts believe that inflation may exceed 20% as energy subsidies fade the war in Ukraine continues unabated. Hungarian inflation accelerated at the fastest pace in almost a quarter century in July, taking a heavy toll on household’s purchasing power and […]
Hungary is free of avian influenza once again, and there is no obligation to keep poultry indoors, the National Food Chain Safety Office (NÉBIH) said on its website on Thursday. According to the World Organization for Animal Health (WOAH), Hungary has regained its freedom from avian influenza, the statement is quoted by the state news […]
Low-cost airliner Wizz Air is offering another 100,000 free tickets to Ukrainian citizens on Wizz Air Hungary and Wizz Air UK flights, the airline told the Hungarian state news agency MTI on Thursday. Wizz Air is continuing its earlier initiative to offer free tickets for flights departing between September 15 and December 8, thus helping […]
The recovery of hospitality may continue in the coming months, supported by the strengthening of international tourism, which may also help the growth of gross domestic product (GDP) in the coming quarters, according to the tourism economic analysis of Gergely Suppan, senior analyst at Magyar Bankholding. The improvement in tourism will also support the balance […]
OTP Group achieved a better-than-expected consolidated adjusted profit after tax of HUF 162.128 billion in the second quarter, which was 83% higher than in the previous quarter and 26% higher than a year earlier. The analyst consensus for a quarterly consolidated adjusted profit after tax was HUF 136.541 billion, which implied a year-on-year increase of […]
The first shipment of liquefied natural gas (LNG) has arrived from the Croatian import terminal in Krk to Hungary, thus adding a new mode and route to the domestic gas supply chain, which currently serves mainly transport purposes; soon the route may be opened for industrial use as well, ARELGAS Ltd. told the state news […]
More and more people are choosing to fly again; passenger traffic at Ferenc Liszt International Airport reached 1,294,608 in July, 80% of the level before the pandemic in 2019 and up by more than 140% compared to the same period last year. The management company Budapest Airport says it prepared for the summer period both […]
The last time I wrote for this column, the topic how sport connects people. Don't worry, I will not bore you with football again, rather with other forms of connectivity like experience or enjoyment. I have been working at our Embassy in Budapest for 12 years now and even prior to that, I had the […]
