It can take up to a year and a half to sell an inherited property, according to the Duna House Barometer, with 17-18% of inherited properties in Budapest and the countryside sold in July, down from the same period last year. In rural areas, 25% of sellers put their inherited property up for sale, with […]
The stock index of the Budapest Stock Exchange (BSE), the BUX, ended the week at 51,696.55 points, up 2.62% or 1,317.90 points. Turnover rose from last week’s HUF 39.274 billion to HUF 63.381 billion. The rise was also significant because the BSE had one fewer trading day due to the national holiday. The leading shares […]
According to a recent survey by the Medián public opinion research institute, the majority of Hungarians do not want to leave the European Union and they do not only want to stay for the money received from the EU. The opinion of the Hungarian people has remained unchanged for many years: the vast majority – […]
The mechanical and navigational system and other equipment developed by a consortium of Balaton Dock Ltd. and Előny Ltd. with EU funding is already being put to good use in making the summer Balaton shipping season safer. The consortium won HUF 364 million in EU funding, for which it had to provide HUF 231 million […]
The national holiday of August 20 commemorates Hungary's first king, St. Stephen (ca. 975 –1038) and it is also the day of the foundation of Hungary. It is celebrated with programs all over the country. In the capital alone, twenty venues awaited visitors from Buda Castle to the City Park. The central event, the inauguration […]
The Ministry of Foreign Affairs of Japan has announced that the 2021 Foreign Minister's Award is conferred on Eötvös Loránd University on August 20, 2021. As a statement from the Japanese Embassy in Budapest says, Eötvös Loránd University (ELTE) is a prestigious university with a long history in Hungary. With its East Asia Institute, it […]
Hungary’s government stressed that it will not permit an unrestricted inflow of migrants from Afghanistan following the Taliban takeover of the country. Meanwhile, Hungary is planning an evacuation operation to bring the remaining Hungarians and Afghans, who aided Hungary out of the capital, Kabul. The Hungarian government will not allow Afghan migrants to enter the […]
The first semestrial turnover of ANY Security Printing Company was HUF 22.4 billion, with card-based documents sales of HUF 9.7 billion and export sales of 7.9 billion, according to the company’s mid-term report. Operations in the first half of 2020 were hit by the epidemic, lower base period figures reflect this fact, and the increase […]
The Hungarian government has approved the country's national space strategy, the Ministry of Foreign Affairs and Trade said on Thursday. Like most European countries, Hungary has laid out the cornerstones of its opportunities and directions of development in space research in a space strategy, the ministry told the state news agency MTI. The strategy envisions […]
Millions of passengers pass through the Hungarian capital’s Ferenc Liszt International Airport every year, but the high volume of traffic is not only characteristic of the terminals. The more than 1,500-hectare area can be an attractive environment for wild and stray animals. Budapest Airport therefore attaches the utmost importance to guaranteeing both aviation safety and […]
Hungary's military allies have evacuated 26 Hungarian citizens from Kabul to the Uzbekh capital, Tashkent, the Ministry of Foreign Affairs and Trade (MFAT) informed the state news agency MTI in a statement on Wednesday afternoon. "In coordination with the Hungarian side, our military allies have evacuated by air 26 Hungarian citizens stranded in Kabul," the […]
The building industry insulation materials company Masterplast increased its sales by 108% in the second quarter relying on its strong supply chain, high inventories and market position, according to its half-year report published on the website of the Budapest Stock Exchange. The sales increase came as the coronavirus situation improved, global construction demand strengthened significantly, […]
The gross domestic product of Hungary increased by 17.9% according to raw data and by 17.7% according to seasonally and calendar adjusted and reconciled data in the 2nd quarter of 2021 compared to the corresponding period of the previous year. Compared to the previous quarter, the economic performance rose by 2.7% according to seasonally and […]
The Hungarian police are committed to preventing illegal migrants from entering the country and the European Union. To this end, it has offered its support to the countries of the Western Balkans, in addition to its tasks in Hungary. The members of the 52nd Hungarian police contingent to Serbia, the 64th to Northern Macedonia and […]
The C3S 3U CubeSat platform was successfully launched from the Guyana Space Center in Kourou, French Guiana, on Tuesday morning, a few minutes after a quarter past 3:15 a.m. Hungarian time, the Hungarian state news agency MTI reports. The cargo hold also accommodated the French optical imaging satellite Pléiades Neo-4 and the Hungarian-developed and manufactured […]
