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EU Support for Traffic Infrastructure Projects

D&T
Jun 29, 2022

The European Commission has today selected 135 transport infrastructure projects for EU grants, from 399 project proposals submitted under the Connecting Europe Facility (CEF), the EU's funding instrument for strategic investment in transport infrastructure. Five of the winning projects are from Hungary. The funding will support projects across all EU Member States along the Trans-European […]

Daily Heat Record Broken in Hungary

D&T
Jun 29, 2022

Several heat records were broken in Wednesday's heatwave in Hungary, with temperatures reaching over 39 degrees Celsius, the National Meteorological Service has announced. According to their post, the early morning heat records were already broken. "After the hot daytime hours, the night-time, early morning hours did not bring any refreshment until Wednesday morning, with the […]

Further Tourism Development in Hajdúszoboszló

D&T
Jun 29, 2022

As a result of an investment of more than two billion forints, the Mátyás Király [‘King Matthias’] promenade in front of a line of hotels in Hajdúszoboszló, E Hungary, will be completely renewed, the town hall informed the state news agency MTI. According to the press release, the municipality, the Hajdúszoboszló Tourism Nonprofit Ltd., the […]

COVID-19: Still an Average of Three Fatalities a Day

D&T
Jun 29, 2022

3,042 new infections were confirmed in Hungary last week, bringing the total number of identified infections to 1,928,125 since the beginning of the epidemic. The death toll rose to 46,647 as 21, mostly elderly, chronic patients, passed away last week, according to the data by the related government site koronavirus.gov.hu. The website said on Wednesday […]

Nyíregyháza Zoo Receives Another Recognition

D&T
Jun 28, 2022

Nyíregyháza Zoo in NE Hungary, has been named Europe's best zoo in the category between 250 and 500 thousand visitors for the third time, according to an independent zoo expert. The prize was handed over at a ceremony in the Nyíregyháza Zoo where expert Anthony Sheridan said that 126 zoos in 29 countries had been […]

Sixt Opens New Technical Base Near The Airport

D&T
Jun 28, 2022

Sixt, a member of the AutoWallis Group, has built its new technical base in Vecsés, near Budapest's Ferenc Liszt International Airport. Of the HUF 705 million investment project, 40% (HUF 282 million) is covered by Hungarian taxpayers through a decision by the government. AutoWallis classified the construction of the new base a green project, devoting […]

Micro-Grid at the BME Industry 4.0 Technology Center

D&T
Jun 28, 2022

An autonomous electricity network, the so-called micro-grid system, will be built at the Budapest University of Technology and Economics (BME) Industry 4.0 Technology Center with the technical support of Schneider Electric, under a cooperation agreement between the two parties to further strengthen the relationship between the institution and the company in the field of education. […]

Second CSR Awareness Week

D&T
Jun 28, 2022

Last year, the Swedish Chamber of Commerce organized the first CSR Awareness Week in Hungary with great results. This year – between June 27 and July 3rd – many businesses and non-profits have the possibility to create awareness towards CSR and to start a cooperation within a company or between organisations. The aim of the […]

NATPE Budapest International Opens Its Doors

D&T
Jun 27, 2022

The National Association of Television Program Executives (NATPE), the premier global business association for content producers, distributors, streamers and buyers across all platforms, has launched NATPE BUDAPEST 2022 at the opened its doors at the Intercontinental Hotel in the Hungarian capital. President and CEO of NATPE, JP Bommel commented, “with buyer registrations at the 350 […]

Matild Palace Celebrates First Anniversary

D&T
Jun 27, 2022

This Tuesday, the Matild Palace in downtown Budapest celebrates the first anniversary of its opening with special gastronomic offers and surprises. Guests can spend up to a full day in the iconic building of the Belle Époque era, as the the special gastronomic venues of the palace have very rich and varied offers. Guests can […]

HUF vs. EUR: Yet Another Historic Low for the Forint

D&T
Jun 27, 2022

The Hungarian currency, the Forint (HUF) fell to a historic low against the euro again on Monday: after 10 a.m., it suddenly started to weaken sharply from the morning level of around HUF 400, and shortly after a quarter to 11, it was HUF 403.85 to the euro. Minutes later, however, it crossed the HUF […]

Consumer Expectations Significantly Deteriorating

D&T
Jun 27, 2022

After May, GKI’s economic sentiment index fell by five points in June as well to its 15-month low. According to the empirical survey conducted by GKI Economics Research Co. with the support of the EU, business expectations fell again by three points in June, while consumer expectations dropped again by around 10 points compared to […]

Waberer's Establishes a Joint Venture with Magyar Posta

D&T
Jun 26, 2022

WABERER’S INTERNATIONAL has announced on the website of the Hungarian Stock Exchange that – with Waberer's Group as the majority shareholder and Hungarian Post (Magyar Posta) as the minority shareholder (collectively the ‘Parties’) –, a joint venture will be established to serve the Parties' existing and future customers with full range of parcel logistics support. […]

The BUX Rose on Falling Turnover This Week

D&T
Jun 26, 2022

The BUX, the stock index of the Budapest Stock Exchange (BSE) rose on a downward trend this week, closing at 39,412.74 points on Friday, up 112.99 points or 0.29% on the previous week, the state news agency MTI reported on Sunday morning. Turnover fell from HUF 67.1 billion the previous week to HUF 38.25 billion, […]

Game of Thrones Between East and West

D&T
Jun 25, 2022

The event is organized by the Institute of Advanced Studies Kőszeg (iASK), in cooperation with the Institute for Social and European Studies (ISES Foundation), the University of Pannonia, the UNESCO Chair in Cultural Heritage and Sustainability in Kőszeg, NW Hungary, under the patronage of the Hungarian National Commission for UNESCO. As new geopolitical realities are […]

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