The foundation stone of leading powertrain system developer AVL Hungary’s new vehicle test hall was laid in Érd, just SE of Budapest, where the company is building out its new center and automotive test base. The current phase of the investment announced back in 2018 is completed for EUR 20.1 million, and it creates 250 […]
150 patients have died in the past three days, bringing the official number of deaths linked to the new coronavirus infection to 44,436, according to the government's related website. As of Sunday, 5,852 new cases of coronavirus infection had been confirmed in Hungary, bringing the total number of identified infected people to 1,805,898 since the […]
The Association of Hungarian Communication Agencies (MAKSZ), one of the most important Hungarian organizations of the marketing profession, held its first annual general meeting since the outbreak of the epidemic. The assembled agency leaders unanimously re-elected former president Nikolett Blaskó, under whose chairmanship the association has gained new momentum. The statutes of the MAKSZ did […]
The government has announced that it will lift the remaining restrictions as the fifth wave of the epidemic recedes. From Monday, masks will no longer have to be worn in the previously required confined spaces, so restrictions will be lifted on public transport and in shops, educational and healthcare institutions, according to a government decree […]
“Serving society with superior quality” is the mission that has defined the operation of Bridgestone Tatabánya as an integral part of the company group for 15 years. Like the parent company, the regional factory unit shapes its operations and global business policy according to the principles of its founder, Shojiro Ishibashi. Developments at the Tatabánya […]
The Budapest Stock Exchange's (BSE) share index fell in heavy trading this week, with the BUX closing at 40,246.70 points on Friday, down 12.07% on a week ago to 5,522.46 points, the state news agency MTI reported this Sunday. Turnover on the stock market almost doubled to HUF 322.227 billion from HUF 176.57 billion last […]
The new hall will create almost 200 new jobs and significantly increase the company's capacity, Aeroplex's Managing Director, Árpád Demény said at the opening event. It is just as important that the development would enable them to offer airlines exceptional services at a European level, he added. According to Aeroplex, the construction of the 8,000-square-meter […]
Mathematician and former president of the Hungarian Academy of Sciences (MTA), László Lovász, has appointed by the European Commission as of three new members, for a term of four years, to the Scientific Council, the governing body of the European Research Council (ERC), Europe's main scientific organization. The other new members are astrophysicist Chryssa Kouveliotou, […]
3,064 new infections have been identified in Hungary over the last 24 hours, bringing the total number of identified infections in this country since the beginning of the epidemic to 1,800,046. 75, mostly elderly, chronic patients died, bringing the official total number of deaths related to the new coronavirus epidemic to 44,286. The number of […]
Russia’s invasion of Ukraine sent markets in the region into a whirlwind and pushed the Hungarian forint to a record low against the euro this week. The National Bank of Hungary said it would take the necessary measures to contain the impact of the Ukrainian conflict on financial markets. International market sentiment sank this week […]
Having been established in 1992, the Budapest office of the Japan External Trade Organization (JETRO), the principal organization for promoting trade and investment relations between Japan and foreign countries, celebrates its 30th anniversary this year. As to what he considers the greatest achievements of the Budapest presence of JETRO over these three decades, the General […]
From this Friday, refugees from Ukraine will be able to travel free of charge on public transport in the Budapest, and from Monday the municipality will set up an information center in the Nyugati Square underpass, the Mayor of Budapest announced at a press conference in Budapest on Thursday. Gergely Karácsony is quoted by the […]
The Hungarian government is temporarily relocating its embassy in Kiev to Lviv, Western Ukraine, due to the continuously deteriorating security situation, Minister of Foreign Affairs and Trade Péter Szijjártó announced on Thursday. According to a statement by the Ministry of Foreign Affairs and Trade, the Minister told a meeting of Hungarian ambassadors that within the […]
Becton Dickinson (BD), one of the world’s leading medical technology companies, has announced an investment, in Hungary, of USD 210 million that amounts to nearly one-fifth of its global development budget earmarked for the upcoming years. The project, which will create more than 300 new jobs, will result in three new production lines thanks to […]
Plaza Premium Lounge, an international company specializing in the operation of passenger lounges and hospitality, opened its second outlet at Budapest Ferenc Liszt International Airport at the beginning of March, the airport management company reports. The new, 200 square meter lounge is located in the non-Schengen area of Terminal 2, offers stunning runway views, 65 […]
