In January 2020, companies had plans, thoughtful road maps to guide organizations, technology and lives through the months to follow – up until COVID-19 punched the entire world in the mouth, rendering useless many of these best-laid plans. Seemingly overnight, a strange, historic event disrupted assumptions and forced us, with a shocking degree of urgency, […]
An outstanding number, 6,278 new infections have been registered in the last 24 hours (the last time this figure was so high was in December), bringing the number of identified infections in this country to 446,178. 152 patients died, increasing the official number of deaths to 15,476. The number of recovered people is currently 328,136, […]
Ildikó Enyedi’s Balaton Brigade wins the Berlinale Co-Pro Series pitch. The Cold War-set historical spy drama series will travel to the upcoming Séries Mania Forum in Lille this August, Cineuropa reports. The project Balaton Brigade by Hungarian creators Gábor Krigler, Balázs Lengyel and Balázs Lovas, set to be directed by this year’s International Jury member […]
The Powering Past Coal Alliance welcomed ten new members, including Hungary, Uruguay, the City of Kyoto (Japan), utilities Ontario Power Generation (OPG) and National Grid (UK), as well as investment managers and pension funds from Canada, Denmark, the Netherlands, the UK and the US at the organization’s first Global Summit held on March 2. A […]
Germany is Hungary’s most important economic partner, the Hungarian economy highly relies on the ‘well-being’ of the German one. The CEO of the Hungarian Investment Promotion Agency (HIPA), Róbert Ésik explains to Diplomacy&Trade his agency’s role in attracting and maintaining German investment in this country. “From the foreign direct investment (FDI) point of view, Germany […]
László Erdős, professor at the Institute of Science and Technology Austria (IST Austria), shares the Erwin Schrödinger Prize of the Austrian Academy of Sciences (ÖAW) with physicist Markus Arndt professor at the University of Vienna. IST says the Hungarian mathematician is being honored for his outstanding research achievements at the interface between mathematics and physics, […]
The recently established Stellantis Group, as the fourth largest automotive conglomerate in the world, is bringing the manufacturing of the new generation 1.6-liter petrol engines to Szentgotthárd, SW Hungary. The engine, which is designed for hybrid cars, will be produced at a yearly output of 200 thousand items, in addition to the production of 350,000 […]
In this semester, the Budapest Campus of the 111-year-old ESSCA School of Management welcomed 268 students from 15 different nationalities. They, as well as the institution, have to cope with restrictions and safety measures put in place due the new coronavirus epidemic. At the Budapest Campus of the ESSCA School of Management, the state-of-the-art facilities […]
Budapest's office buildings skyline will be enriched with a futureproof complex designed with lots of attention to environmental challenges and to the needs of the people working inside, builder Skanska projects. The multinational construction and development company Skanska's latest investment in Hungary, H2Offices is one of the company's most impressive projects in Budapest. The new […]
Leader in aviation informatics, Lufthansa Systems opens new chapter in strategic partnership and looks beyond hard-hit traditional markets to thrive. Airlines had to quickly adapt to new demand behavior and change their steering processes along with their IT solutions, following the adverse effects of the pandemic. There was a sudden need of urgent repatriation flights […]
Another 84 Hungarians fell victim to the new coronavirus infection (COVID-19) in the past 24 hours bringing the number of deaths to 15,058. The new coronavirus infection was detected in another 4,326 Hungarian citizens, thus increasing the number of infected people identified in Hungary to 432,925. The number of people cured is constantly increasing, currently […]
As a result of the coronavirus epidemic, consumer habits have changed and the composition of the consumer basket has also changed, according to a new survey. A research conducted by Mónika Garai-Fodor, Dean of the Károly Keleti Faculty of Economics at the University of Óbuda and Ágnes Csiszárik-Kocsir, Deputy Dean for Research shows that the […]
Hungary’s largest telecommunications service provider Magyar Telekom reported its consolidated financial results for the fourth quarter and full year of 2020, in accordance with International Financial Reporting Standards (IFRS) as endorsed by the EU. Total revenues increased by 3.6% year-on-year to HUF 188.9 billion in Q4 2020 thanks to increases in telecommunication service revenues in […]
Although the January rent index by the Central Statistical Office and the Hungarian real estate website ingatlan.com fell by over 10% on an annual basis, rents in Hungary have hardly changed on a monthly basis, suggesting that they may have reached a low point. In a statement sent to the state news agency MTI this […]
With 4,948 new confirmed cases of COVID-19 in Hungary in the past 24 hours, the number of total cases now stands at 424,130. By Saturday, 107 more Hungarians succumbed to the virus, increasing the official number of new coronavirus fatalities in this country to 14,902. The number of those who have recovered grew to 319,691 while […]
