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Continued Flow of Ukrainian Refugees to Hungary

D&T
May 3, 2022

More than ten thousand people arrived in Hungary from Ukraine on Monday, the National Police Headquarters (ORFK) told the state news agency MTI on Tuesday morning. 4,664 people entered Hungary on the Ukrainian-Hungarian border, while 5,510 of those entering through the Romanian-Hungarian border said they had arrived from Ukraine. Of those who entered, police issued […]

Hungarian Embassy Back in Kiev

D&T
May 2, 2022

Following similar moves by several other countries, the Hungarian Embassy to Ukraine, which had temporarily been moved to the western Ukrainian city of Lviv, is now operating again in the Ukranian capital, the Hungarian Ministry of Foreign Affairs and Trade has announced. Security conditions are considered to be adequate, and "it makes sense for the […]

Industrial Producer Prices Up by 25.9% in Hungary

D&T
May 2, 2022

Industrial producer prices were 25.9% higher on average in Hungary in March 2022 than a year earlier. Domestic output prices were up by 39.4% and non-domestic output prices by 19.0%, the country's Central Statistical Office reports. The rate of increase of prices was influenced principally by rises in base material and energy prices as well […]

Inaugural Session of the New Hungarian Parliament

D&T
May 2, 2022

Hungary’s new parliament held its opening session this Monday following the April 3 general elections. Shortly after 11 a.m., President János Áder opened the inaugural session of Hungary’s ninth freely elected National Assembly. Based on the results of the April 3 general elections, the Fidesz-KDNP alliance won 135 out of 199 seats in the Hungarian […]

COVID-19: 65 Dead and 2,183 Newly Infected Since Friday

D&T
May 2, 2022

65 patients have died in the past three days in Hungary, bringing the total official number of deaths related to the new coronavirus infection in this country to 46,266, according to the related government information website. Since Friday, 2,183 new cases of coronavirus infection have been confirmed, which means the total number of identified infections […]

Trade Unions Need to Adopt a New Way

D&T
May 1, 2022

Trade unions need to renew themselves, because in the times ahead, they need strong, organized employee interest groups in partnership with political parties, the Hungarian Trade Union Confederation (MASZSZ) said at its traditional Labor Day workers’ gathering (May Day picnic) in Budapest on Sunday. Speaking at the event in Városliget (City Park), recently elected MASZSZ […]

60% of Hungarians Are in Favor of Home Office

D&T
May 1, 2022

Two years after the start of the new coronavirus epidemic, the situation in Hungary in terms people working from home is similar to international trends. According to a survey by HR magazine Behaviour, employers also stick to hybrid working: 56.7% of respondents are likely to stay in this arrangement in the long term, the business […]

BUX Index Rose in Expanding Turnover This Week

D&T
May 1, 2022

The stock index of the Budapest Stock Exchange (BSE) rose this week, closing at 43,469.84 points on Friday, 293.20 points, 0.68% higher than a week ago. Turnover was HUF 71.2 billion, up from HUF 55.71 billion the previous week, with the leading shares, with the exception of Richter, weakening, the state news agency MTI reported […]

War in Ukraine: Demonstrations in the Hungarian Capital

D&T
Apr 30, 2022

Early afternoon on Saturday, pro-Russian and pro-Ukrainian solidarity demonstrations were organized roughly at the same time in the center of Budapest, not too far from each other. Organized by the Hungarian Ukrainian Cultural Association and the Unity Ukrainian Association, more than a thousand people arrived at Deák Square at 1 pm to protest against the […]

Direct EU Funding to Budapest for Green Development

D&T
Apr 30, 2022

The European Commission is directly funding green developments in the Hungarian capital, as part of a mission to aid achieving the 2030 climate goals in a hundred cities in Europe, Budapest Mayor Gergely Karacsony has announced. As the Hungarian state news agency MTI reports, the European Union's Climate-Neutral and Smart Cities mission is also supporting […]

Hungarian Population Continues to Decrease

D&T
Apr 30, 2022

In March 2022, 6,970 children were born and 11,746 people died according to preliminary data published by the Central Statistical Office. In the last twelve months, between April 2021 and March 2022, the number of births diminished by 2.2% and that of deaths by 0.9%, while the number of marriages increased by 5.2% compared to […]

Modern Wood-Based Material Plant in Vásárosnamény

D&T
Apr 29, 2022

Production volume of SWISS KRONO Ltd., a company specialized for producing OSB (Oriented Strand Board), is projected to more than double thanks to a EUR 6.5 million investment at its site in Vásárosnamény, NE Hungary, that is expected to be completed by September 2023. About 15% of the investment cost is covered by Hungarian taxpayers, […]

Budapest Airport Awards its Partners

D&T
Apr 29, 2022

Budapest Airport, the operator of the Hungarian capital's Ferenc Liszt International Airport, presented its partner awards at a grandiose gala event similar to previous years. At the event organized in Terminal 1, the airport operator honored, among others, its most outstanding commercial, airline, environmental, cargo and media partners, who made a significant contribution to Ferenc […]

Hungary’s Top Banker Sees Need for Severe Austerity Measures

D&T
Apr 29, 2022

Sándor Csányi, chairman of Hungary’s largest commercial bank OTP, warned that the Hungary needs a budget adjustment of up to HUF 1,700 billion. The war in the Ukraine, international energy prices and the outcome of Hungary’s standoff with the European Union will decide the exact extent and nature of the budget adjustment, according to Csányi. […]

Japanese Government Recognition for József Király

D&T
Apr 29, 2022

The Government of Japan has announced the Spring 2022 Honors for foreigners, including an order of merit to József Király in Hungary. According to the statement, the Honorary President of the Kecskemét-Aomori Friendship Circle has been awarded ‘The Order of the Rising Sun, Gold and Silver Rays’ for his contribution to the promotion of regional […]

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