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Some 1,300 Hungarian Youngsters to Receive EU Rail Pass

D&T
Oct 11, 2021

The European Commission will provide free travel rail passes to 60,000 Europeans aged from 18 to 20 years. Applications open at noon tomorrow, October 12 and close at noon on October 26, for a travel period in 2022, which will be the European Year of Youth. About Hungarians are eligible. According to the Vice-President for […]

New Managing Director, New Venue at Roche Hungary

D&T
Oct 10, 2021

Important changes ahead in the life of the Swiss Roche Group's Hungarian subsidiary: a new managing director, Raffella Bondi has arrived at the helm of the company, which will continue its operations in the Budapest One office building. In parallel to the move, the pharmaceutical company is also moving to an agile organizational model. With […]

Budapest Marathon 2021

D&T
Oct 10, 2021

The weather was not kind to runners at the Budapest Marathon this weekend, but more than 3,000 people still took part in the 42-kilometer race. In the men's race, Hungary’s Péter Nagy crossed the line first in 2 hours 33 minutes and 37 seconds, while the women's race was won by Anna Borisenko from Russia, […]

Judit Polgár Global Chess Festival in Budapest

D&T
Oct 9, 2021

For the first time, the Judit Polgár Global Chess Festival was held in a hybrid format: this Saturday's event took place both in the Hungarian National Gallery and online through two channels, focusing on the relationship between chess and education. This year's biggest innovation was the Educational Chess Summit, where participants proved that chess has […]

Annual Inflation Rate Increases Further in Hungary

D&T
Oct 9, 2021

Consumer prices were 5.5% higher on average in September 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 increased by 0.2% on average. The central Statistical Office reports that in 12 months, compared to September 2020, […]

Budapest Stock Exchange Index at Another Historic High

D&T
Oct 8, 2021

The Budapest Stock Exchange's share index, the BUX, closed at 53,955.85 points on Friday, up 111.26 points or 0.21%, the Hungarian state news agency MTI reports. Turnover on the stock market was HUF 7.7 billion, with leading shares performing mixed compared to the previous day's close. Zsolt Bosnyák, senior analyst at Equilor Befektetési Zrt. told […]

Climate-Neutral Economy Is the Only Way

D&T
Oct 8, 2021

"Vision 2050 – Time to Transform outlines how systemic change is needed and sets out a new framework, with nine transformation pathways,” WBCSD director Julian Hill-Landolt said at BCSDH’s annual Business Lunch. The professional program of the event focused on accelerating systemic change and transition to a climate-neutral economy. Global average temperatures are already 1.2°C […]

Number of Tourism Nights Up on Last Year in Hungary

D&T
Oct 7, 2021

11% more tourism nights were recorded in Hungary in August this year than in the same month of 2020, but 24% fewer than in August 2019, the Central Statistical Office reports. In August, domestic guests spent 1.9% more tourism nights in commercial accommodation establishments (hotels, boarding houses, camping sites, bungalow complexes and community hostels) than […]

Loan Volume of Duna House Group Explodes

D&T
Oct 7, 2021

Duna House Group reached strong volume growth during the summer months of Q3 2021. Franchise real estate brokerage grew by 20%, own office real estate brokerage by 27% and loan brokerage by 103% on a year-on-year basis. In Q3 2020, COVID-19 already had no negative influence on the real estate markets, while some negative impact […]

Lidl: Hungary's Leading Wine Exporter

D&T
Oct 7, 2021

Lidl Hungary set a record last year, both at home and abroad, selling 28.5 million bottles of Hungarian wine in 2020, a 21% increase compared to the previous year. By selling HUF 6.3 billion worth of domestic wine to foreign markets, the discount chain accounted for 33% of total Hungarian wine exports in bottles, thus […]

October 6, Memorial Day in Hungary

D&T
Oct 6, 2021

On this day in 1849, thirteen Hungarian rebel generals were executed by the Austrian Empire in the city of Arad, then part of the Kingdom of Hungary (now in Romania), after the Hungarian War of Independence (1848–1849). The same day, Hungary's first prime minister was executed in Pest. The national flag was ceremonially raised on […]

Sales in Hungarian Retail Shops Up by 4.1%

D&T
Oct 6, 2021

In August 2021, the volume of sales in retail trade increased by 4.6% according to raw data and by 4.1% when adjusted for calendar effects compared to the same period of the previous year. A fresh report by the Central Statistical Office says that in August, calendar-adjusted sales volumes rose by 1.7% in specialized and […]

Loránd Eötvös Statue Unveiled in Budapest

D&T
Oct 5, 2021

The statue of world-renowned Hungarian natural scientist, physicist, politician and academic Loránd Eötvös was inaugurated this Tuesday in the Gesztenyés Garden in the Hungarian capital. The sculpture, by Kossuth Prize-winning sculptor Tibor Rieger, was to have been unveiled in November last year to mark the end of the Eötvös Loránd Memorial Year, but due to […]

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