Consumer prices were 4.9% higher on average in August 2021 than a year earlier. Significant price rises were measured over the last 12 months for alcoholic beverages and tobacco as well as motor fuels. In one month, consumer prices were up by 0.2% on average, the Central Statistical Office reports. In 12 months, compared to […]
The series of developments began in 2019 at Ferenc Liszt International Airport has continued this year; more large-scale investments have been implemented during the first eight months of 2021 at Ferenc Liszt International Airport . That takes the total value of the developments carried out over the past two and a half years to nearly […]
The Clean Air Action Group would start to ban obsolete diesel cars from the capital as early as next year. The used car website Használtautó.hu looked at which cars could be affected by the proposal and how many of them are on the domestic market, including used car imports. The Clean Air Action Group's proposal […]
The first phase of the expansion of Unilever Hungary Ltd.'s household chemicals plant in Nyírbátor, NE Hungary, representing an investment of EUR 50 million, has been completed, during which two new production lines and a packaging hall were built. As a result of the development, 100 new jobs will be created in addition to the […]
Varian Medical Systems Hungary engaged in the medical technology sector has implemented radiotherapy technological development in Hungary and expanded its Research and Development centre in Budapest over the last three years. With the R&D project of a total cost of almost EUR 8.5 million, the company has created 30 new high value-added jobs. Hungarian taxpayers […]
Over the weekend, nine more patients died as a result of the new coronavirus infection, 648 new cases were found and the number of hospitalized people also rose in Hungary. In the last three days, 648 new cases of coronavirus infection have been detected, bringing the total number of identified infected people to 813,688 since […]
Huntsman Corporation, a US-based chemical company, implements the capacity increase in manufacturing polyurethane raw materials and special amines at its site in Pétfürdő. The amount of the investment exceeds HUF 10 billion, and the headcount is increased by 12 people by retaining the existing 131 employees. Huntsman Corporation is a manufacturer and distributor of differentiated […]
The stock index of the Budapest Stock Exchange (BSE) rose this week, closing at 52,255.11 points on Friday, up 2.32% on the previous week's close, or 1,186.31 points. Turnover on the stock market was HUF 51.151 billion, up from HUF 46.709 billion last week, with leading shares rising this week. In its weekly summary, Equilor […]
PannErgy Group reports that it has exceeded its plans and base period figures both in terms of the amount of heat sold, and EBITDA with optimum operations. In the business year of 2021, the PannErgy Group continued the implementation of its previously announced strategy on utilizing geothermal energy resources. In this context, the Company managed […]
A representative exhibition of the works of more than 600 members of the National Association of Hungarian Artists (MAOE), entitled Horizon, showcasing Hungarian contemporary art, opened on Saturday at the Reök Palace in the southeastern Hungarian city of Szeged. In his opening speech, László Barnák, Director General of the Szeged National Theater, which also maintains […]
The Hungarian team finished with sixteen medals at the Paralympic Games in Tokyo, including seven gold, five silver and four bronze medals. With this total, Hungary has moved up to 18th place on the medal table. On the last day of the Paralympics, the 16th medal was won by kayaker Katalin Varga who finished third […]
In July 2021, the volume of sales in retail trade increased by 2.5% according to raw data and by 3.0% when adjusted for calendar effects compared to the same period of the previous year. According to figures published by the Central Statistical Office this Friday, calendar-adjusted sales volumes rose by 3.7% in specialized and non-specialized […]
Following a marked ease in the grip of the pandemic during the summer months, official data published at the end of August showed that the country is entering the fourth wave of the pandemic as the spread of the Delta variant picked up speed. Authorities reported a 79% increase compared to the previous period and […]
Hungary’s world and two-time European champion Péter Pál Kiss won the gold medal in the K1 200m at the Tokyo Paralympics, becoming the youngest Paralympic champion in kayaking. He was the favorite to win in the KL1 category, the one for the most severely injured athletes. Accordingly, he paddled very convincingly in Thursday's heats, winning […]
After the summer, autumn could be much better than a year ago. Business tourism is also booming, the Hungarian business daily Világgazdaság reports. The summer has been better than expected, with travel agencies fully booked up for charter flights to the seaside and at least double last year's revenues in July and August, Judit Molnár, […]
