After almost seven months of service disruption due to the restrictions imposed by the coronavirus epidemic, the Széchenyi Hill Children's Railway has resumed operation. During the summer period, trains run every day: every hour on weekdays and every 40-50 minutes on weekends. The stations have been refurbished and are now open to visitors. The country's […]
The National Bank of Hungary (MNB) has issued a silver collector coin of HUF 10,000 and its HUF 2,000 non-ferrous metal version named ‘XXXII. Nyári Olimpiai és XVI. Nyári Paralimpiai Játékok’ (Games of the XXXII Olympiad and the XVI Paralympic Games). The Games of the XXXII Olympiad and the XVI Paralympic Games will be held […]
Robert Bosch Energy and Body Systems Kft. in Miskolc has established and operates a corporate adult education centre with HUF 170.28 million non-refundable EU funding from the Széchenyi 2020 program. According to information provided by the company, as a result of the two-year programme, the company has started its adult education activities, and in 2019 […]
Major General Romulusz Ruszin-Szendi, the new Commander of the Hungarian Defence Forces, received his appointment from President János Áder in the Dome Hall of Hungarian Parliament Parliament this Saturday. On May 26, President Áder relieved General Ferenc Korom, Commander of the Hungarian Defence Forces, from his post. Dr. Romulusz Ruszin-Szendi, proposed as the new commander […]
A full-coverage high-power charging infrastructure is essential for driving forward electromobility. As a pioneer and innovator in electric mobility, Siemens has global experience, a strong portfolio along the value chain and is an active participant in shaping and promoting standardization for EV charging solutions worldwide, for buses and cars as well. Siemens has been shaping […]
Hungary’s forint broke multi-month records against the euro in recent days, fueled by rate hike expectations and a promising economic growth outlook. The currency gained ground even as a steadying US dollar cut international risk appetite. As inflation in Hungary and other central European nations is above central banks’ target levels, investors are betting on […]
In April 2021, the volume of retail trade increased by 9.9% in raw data and by 10.6% in calendar-adjusted data, compared with the same period of the previous year, as a result of the gradual lifting of restrictions from mid-month, and the low point in April last year. In April, calendar-adjusted sales volumes rose by […]
Less than two years ago, the Ministry of Innovation and Technology declared that it is of primary national economic interest for Hungary to join the developments generated by electric cars and to be at the forefront in the introduction and dissemination of innovative technologies (Ányos Jedlik Plan 2.0). “The Hungarian government has recognized the population's […]
The incidence of melanoma, a skin cancer, is increasing in Hungary, with the number of newly diagnosed cases reaching three thousand a year, the Hungarian state news agency MTI learned at an online press conference on the subject this Thursday. Eszter Baltás, Associate Professor at the Department of Dermatology and Allergology of the University of […]
The shock-absorbing capacity of the Hungarian banking sector remains strong. In the second half of 2020, the sector’s capital position improved further, while banks’ liquidity continued to rise even from its previous high level, according to an analysis by the National Bank of Hungary (MNB). The banking system is characterised by a balanced funding structure […]
The British Chamber of Commerce in Hungary (BCCH), which is 30 years old this year, has held its annual general meeting. Duncan Graham was re-elected President of the organization and the Chamber Council was strengthened with several new members, according to a Hungarian language press release by BCCH. In view of the favorable development of […]
In May, Suzuki again registered the highest number of new passenger cars sold in Hungary: 1,564 vehicles, 13 more than in April. This means that it has gained 14.62% of the market, the business daily Világgazdaság reports. The newspaper notes that compared to the last two years, the brand had the largest share in May […]
Gedeon Richter Plc. has announced that it extended its existing licensing agreement with AbbVie, originally dated 2004, for the development and commercialization of its own-developed molecule, cariprazine. The initial agreement covered the territories of the USA and Canada and was extended in 2019 to include certain countries in Latin America. The present agreement further expands […]
The volume of gross domestic product lessened by 2.1% in Hungary in the first quarter of 2021 compared to the corresponding period of the previous year, the country's Central statistical Office reports. According to seasonally and calendar adjusted and reconciled data, the performance of the economy became 2.0% higher than in the previous quarter and 1.6% […]
Two rare bottles of wine from Hungary’s famous Tokaj wine region, created by its original winemakers, the Zimmerman family in 1889 is to be offered at auction. Two bottles of incredibly rare 1889 ‘Tokaji Essencia, Zimmerman Lipot’ from Hungary’s most renowned wine region Tokaj and from the most famous family to produce it, will be […]
