According to data by the National Bank of Hungary (MNB), the number and value of mobile payment transactions more than doubled between the second quarter of 2020 and the second quarter of 2021. The growing popularity of smartwatch payments could further boost the uptake of innovative solutions in Hungary. "We are always very happy to […]
The President of the Republic of Korea, Moon Jae-in, who arrived in Hungary on Tuesday for an official visit, paid a tribute to the victims of the Hableány (Mermaid) cruise ship disaster at the Budapest memorial of the 2019 tragedy. The South Korean head of state was received by Hungarian Finance Minister Mihály Varga at […]
Industrial producer prices were 14.0% higher on average in September 2021 than a year earlier. The rate of increase of prices was influenced principally by the price rise of raw and base materials as well as motor fuels, the Central Statistical Office reports. Domestic output prices rose by 20.1% and non-domestic output prices by 10.9%. Compared […]
In the framework of a brownfield investment of EUR 110 million, Pick Szeged implements the modernization of their headquarters in Szeged, as well as the automation and expansion of traditional mouldy salami production capacity of conventional maturing. The investment - more than a quarter of which is covered by Hungarian taxpayers though a government decison […]
Hungary has produced the first ever musical about diabetes in the world. Based on a light-hearted story with twists and turns, this play presents a fun way to learn about diabetes. With excellent music and songs, it provides information about the disease, how to recognize it, how to treat it and how people with diabetes […]
On the morning of November 1, the government's coronavirus portal published the weekend's aggregate figures. A total of 11,211 new infections were confirmed in the last three days, bringing the total number of identified infections to 874,630 since the beginning of the outbreak. 152 deaths, mostly of elderly, chronic patients, brought the official total number […]
The global shortage of microchip semiconductors has also caused production to falter at Hungarian car manufacturers, with the unpredictability of parts arrivals making the previously normal order fulfilment pattern untenable. Companies interviewed by the state news agency MTI said that they are trying to cope with the situation by analyzing the market and organizing production […]
The Budapest Stock Exchange's (BSE) share index, the BUX, closed down 1.91% on Friday at 54,197.71 points compared to last week's close. The total turnover of shares rose to HUF 48.596 billion from HUF 37.658 billion last week. All leading shares weakened. BSE performance was mixed this week. The share index started with a decline, […]
The coronavirus epidemic had a negative effect on the PR industry in Hungary as well: the sector's turnover fell from HUF 64 billion in the previous year to HUF 48 billion in 2020, but the net profit after tax did not decrease. That is according to the PR Trendriport Hungary 2021 published on the occasion […]
‘Triangle’, an English-Hungarian co-production graduation film at the Arts University Bournemouth by Hungarian director Péter Engelmann has attracted international interest. Now, he tells Diplomacy&Trade about this movie described as “a sci-fi pseudo-docu drama exploring the dark realms of the human mind.” The story follows three strangers who are about to become friends for life, separated […]
In September this year, over 1,400 more people died than the number of babies born in Hungary, the country's Central Statistical Office reported this Friday. In September 2021, 8,600 children were born and 10,024 people died in Hungary according to preliminary data. Compared to September 2020, the number of live births was up by 1.0% and that […]
Thirty-seven patients died of illness related to the new coronavirus infection in the past 24 hours, while 4,041 new coronavirus infections were registered, koronavirus.gov.hu said on Friday. On Thursday, almost the same number of new cases (4039) were reported, with 45 deaths. The number of infected people was last at this level in mid-April. According […]
Hungarian Prime Minister Viktor Orbán stepped up efforts to gain control over Budapest airport as the Cabinet seeks to bring key infrastructure into state ownership. The government also plans to build 4-5 large international airports and a dozen of business airstrips across the country. Hungary’s government is keen on gaining control over the nation’s largest […]
As of November 1, the wearing of face mask will again be required on public transport, and employers may require their employees to be vaccinated to increase vaccination coverage. In the public sector, vaccination is mandatory, while in municipalities it is up to the mayors to decide. The government decree states that masks will have […]
The latest Eurobarometer survey on the scientific literacy of Hungarians has some interesting lessons: according to the results reviewed by Qubit, Hungary, along with Romania and Italy, has the highest proportion of people (31%) who think that the earliest humans lived on Earth at the same time as dinosaurs. But there are other tidbits, the […]
