A total of 39,928 new cases of coronavirus were confirmed in Hungary on Monday morning (based on 132,824 samples taken), 18,709 more than a week earlier, according to data from the government information portal. The number of infected people has risen to 1,441,385 since the beginning of the pandemic, while the number of active patients […]
Virus researcher Miklós Rusvai told the evening news program of the most popular Hungarian commercial TV channel RTL Klub that the rapid spread of the virus could lead to the fifth wave of the virus infection peaking next week. There is a slight rise in the hereditary level of the coronavirus in wastewater again, according […]
The Budapest Stock Exchange (BSE) share index (BUX) fell on a downward trend this week, closing at 52,169.80 points on Friday, down 0.96% or 506.10 points from a week ago, the state news agency MTI reported in its review Sunday morning. Turnover on the stock market was HUF 56.39 billion, down from HUF 77.70 billion […]
The House of Hungarian Music has been inaugurated in the City Park in Budapest. From Sunday, it opens its doors to the public with concerts, an interactive exhibition, a creative music space and music education activities. András Batta, the managing director of the institution was of the view at the ceremonial opening of the building […]
The Kistelek and Region Industrial Park, where an industrial wastewater treatment plant and sewerage network were built, was developed with EU funding of more than HUF half a billion, the municipality informed the state news agency MTI. According to the statement, the HUF 517 million investment has provided the industrial park, which is located next […]
In the WittyLeaks section of Diplomacy&Trade, diplomats accredited to Hungary give account of their personal experiences or some lighter aspects of bilateral relations. In the December 2021 issue, the Portuguese ambassador writes about his experience gained when walking his dogs in the Buda Hills. Lucas is six years old and Angie is six months younger. […]
Hungarians most probably borrowed a record amount of money from banks last year, with credit driven by historically low interest rates and a spike in real estate prices. The volume of new housing loans jumped a spectacular 40% from a year earlier, driving household borrowing to historic highs. According to central bank data for the […]
The highest number of new infections in a single day since the beginning of the coronavirus epidemic have been recorded in Hungary, with data from the last three days showing a steadily increasing number of new infections. This brings the total number of identified infected people since the beginning of the epidemic to 1,401,457, according […]
According to preliminary data, the domestic used car market saw an all-time high of almost 819,000 cars changing hands last year, up 3.4% from 791,000 domestic transfers the year before. This means that the domestic market for used cars has doubled in less than a decade, JóAutók.hu told MTI on Thursday. The growth of the […]
A strategic cooperation agreement has been concluded by the Hungarian government and Autoliv Kft., the Hungarian subsidiary of the largest passive safety product manufacturing group in the world, the Hungarian Investment Promotion Agency reports. Autoliv, a business that was founded in Stockholm, Sweden nearly seventy years ago, develops, produces and distributes airbags, safety belts, steering […]
The retail sales at the technical goods chain Euronics in Hungary increased by more than 11% to HUF 71 billion last year compared to the previous year, the highest annual turnover in the history of the chain, the company told the state news agency MTI on Thursday. According to the Hungarian-owned company, sales through the […]
Gross system load and annual gross electricity consumption peaked last year, and solar power generation also exceeded previous records, according to a summary published on the website of Mavir Hungarian Independent Transmission Operator Company Ltd. on Wednesday. According to the data, the record for electricity consumption in Hungary was broken on December 9 last year, […]
14,890 new infections have been confirmed, bringing the total number of identified infections to 1,369,974 since the beginning of the epidemic, the government information portal said. Since the beginning of the epidemic, there have never been so many new infections in one day in Hungary, only Monday's data releases included more new cases than this, […]
in 2022, the French Institute (‘Institut français’) in Budapest will celebrate its 75th anniversary. As in the past, its current activities are also aimed at presenting French culture, the French language and European values. Diplomacy&Trade presented the institute in the December 2021 French Focus. When asked what he would consider as the Institute's greatest success […]
Budapest Airport closed its second year of operation under the heavy impact of the coronavirus. In the current environment impacted by the pandemic, passenger traffic still only reached one-third of its pre-pandemic level on an annual basis, while over half of its pre-pandemic level if we consider the past several months, the company's latest press […]
