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Estonia: Victory Day Celebration in Budapest

D&T
Jun 16, 2022

Members of the diplomatic community in Budapest, those of the Estonian community in Hungary and others were welcomed at the event by the Estonian Ambassador Kristi Karelsohn for whom it was also the occasion to say farewell since her tenure in the Hungarian capital expires this summer. Victory Day ('Võidupüha') is an Estonian public holiday, […]

Danube InGrid Project Continues

D&T
Jun 16, 2022

The renewal of the electricity network is continuing in the framework of the Danube InGrid project, a Hungarian-Slovak cooperation, with priority developments in Budapest and Pest County, as well as in the North-Eastern Hungary region, in the second phase of the program, which is now starting. Speaking at Thursday's public online consultation on the program, […]

Optigép Implements HUF Half a Billion Development

D&T
Jun 16, 2022

Agricultural machinery manufacturer Optigép Ltd., based in Békés, SE Hungary, is implementing a development project worth HUF 500 million, the company's managing director, János Patkás told the state news agency MTI on Thursday. He said that HUF 261 million were won in an EU tender, and the project will be financed with almost the same […]

Decarbonization Could Be Solution to the Energy Crisis

D&T
Jun 15, 2022

The energy crisis strengthens the need for security of supply, and pursuing decarbonization targets is a good way to increase energy independence. That is according to János Péter Horvát, the President of the Hungarian Energy and Public Utility Regulatory Authority (HEA). In a presentation at a joint online conference of the Hungarian Economic Society and […]

CIB Italia Soccer Camp Is Back

D&T
Jun 15, 2022

After two years of forced hiatus due to the pandemic, the CIB Italia Soccer Camp will resume in Budapest, between June 20-24 thanks to the support of Generali Foundation for Safety. This year, pupils from schools in socially less advantaged municipalities will take part in the training sessions of Italian coaches, who are coming to […]

Construction Output Volume Up on Last Year

D&T
Jun 15, 2022

Construction output volume in Hungary increased by 3.2% in one year and was down by 5.9% compared to the previous month, according to data published this Wednesdy by the country's Central Statistical Office. The volume of construction output in April 2022 surpassed the previous year’s level by 3.2%, according to raw data. Out of the […]

Weekly COVID-19 Data: 1,636 New Infections, 23 Deaths

D&T
Jun 15, 2022

The National Center for Public Health has released aggregated data for the past week. They show that 1,636 new infections were confirmed last week, roughly the same as in the previous week, bringing the total number of identified infections since the start of the outbreak in Hungary to 1,923,122. 23 deaths, mostly of elderly chronic […]

Budapest Airport: Over a Million Passengers in May

D&T
Jun 14, 2022

Ferenc Liszt International Airport reached its highest passenger volume in two years in May, with passenger traffic exceeding one million during the fifth month of the year, according to the latest airport bulletin published by the airport management company Budapest Airport. To be precise, 1,095,597 passengers used Budapest’s main airport in May, an increase of […]

Lenovo Opens Its First European Assembly Plant

D&T
Jun 14, 2022

Chinese computer producer Lenovo has opened its first European manufacturing plant in Üllő, southwest of Budapest, where it will primarily produce server infrastructure, storage systems and high-end PC workstations for sale in Europe, the Middle East and Africa, the company told the Hungarian state news agency MTI on Tuesday. The plant already employs more than […]

V4 and Ukraine Chiefs of Staff Meet in Debrecen

D&T
Jun 14, 2022

The military leaders participating in the meeting of the chiefs of staff of the Visegrád Group (V4) reviewed the topical issues of cooperation between national armies on Tuesday in Debrecen, the commander of the Hungarian Defense Forces (MH) said after the meeting. Lieutenant General Romulusz Ruszin-Szendi told journalists that the Ukrainian Chief of General Staff, […]

V.30, a Multifunctional Sports and Event Center

D&T
Jun 14, 2022

The Hungarian capital has several sports centers – the latest is the most unique: a new hypermodern, multifunctional sports and event center has been created in the city center that satisfies all needs. It was designed by Miklós Ybl and the Kossuth Prize winning architect, György Skardelli, a regular member of the Hungarian Academy of […]

HUF Per EUR Rate Breaks Psychological Barrier

D&T
Jun 13, 2022

The Hungarian currency, the forint fell to an all-time low value against the euro as the exchange rate exceeded HUF 400 for one euro. The Hungarian currency also sank to a historic low against the US dollar on Monday. Analysts expect further deterioration in the value of the forint. "On Friday, the euro/forint exchange rate […]

More and More People Choose Summer Package Holidays

D&T
Jun 13, 2022

Safety is very important for travelers, which is why instead of organizing their own trips, they are turning to travel agencies, Judit Molnár, president of the Association of Hungarian Travel Agencies (MUISZ) said in response to an inquiry from MTI. She added that "it seems that we can breathe a sigh of relief this year, […]

More Companies Planning Digital Development

D&T
Jun 13, 2022

The number of companies planning digital development has increased, while K&H's innovation index has also risen, and the positive trend of the indicator has not been interrupted by the Russian-Ukrainian conflict, Balázs Németh, Head of Innovation at K&H Bank, said at the bank's online press conference. The latest research, conducted in the first half of […]

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