The sales of hybrid and electric vehicles fell sharply in Hungary in January, the business news site hvg.hu writes. While in December 2020, the number of environmentally friendly new cars increased by 1,443 vehicles, in January the green license plate granted to such vehicles was installed on 'only' 819 cars in Hungary, the news site […]
The biggest office developer in Europe sold four buildings for over EUR 265 million, leased over 135,000 sqm, and completed seven buildings in Poland, the Czech Republic, Romania and Hungary. A statement by the company says Skanska retains its strong position on the Central Eastern European real estate market and confirms its business efficiency despite […]
Compared to the last few days, the number of new infections and deaths has both decreased, according to the latest data published on the government website on the coronavirus situation. Providing detailed information, the government website points out that the new coronavirus infection was detected in 1707 new Hungarian citizens; of the 70 deceased in […]
BSS Hungary cooperation, which has been awarded the ‘HOA-CSR Award’ for its social responsibility activities during the Christmas period, received the distinction at the online event held for the 15th anniversary of the Hungarian Service and Outsourcing Association (HOA) earlier this month. The BSS Hungary project was launched in February 2019 by 20 business services […]
In December 2020 the volume of industrial production in Hungary grew by 5.8% year-on-year. Based on working-day adjusted data, this figure was 1.1%. As for the whole of 2020, industrial production declined by 6.1% compared to the previous year. In December 2020: The volume of industrial production increased by 5.8% compared to the same period […]
With a development cost of EUR 21 million, Nolato Hungary Ltd. that manufactures hygienic and medical products, is to increase its production and storage area in this country by more than 150%. The Hungarian government is to cover about one fifth of the costs of development. While retaining existing jobs, the complex project that also […]
Hungary's electricity consumption record has been broken due to the sharp cooling of the weather that began on Thursday, the Hungarian Independent Transmission Operator Company Ltd. (Mavir) informed the state news agency MTI on Friday. According to verified data, the national system load reached 7,119 megawatts on Thursday between 5:45 p.m. and 6 p.m., a […]
Attila Kovács, founding owner and managing partner of DVM Group and Horizon Development real estate firms, has passed away at the age of 51. Attila Kovács graduated from the Faculty of Architecture of the Budapest University of Technology in 1994, followed by an internship in international architecture and project management in the United States, Sweden, […]
Last year, the Hungarian economy probably contracted by as much as 5.5% due to the coronavirus crisis, but GDP growth in 2021 may approach 6%, according to a recently published assessment by the National Bank of Hungary. The central bank identified the areas where the Hungarian economy performed well during the crisis and highlighted 8 […]
The number of tourism nights in Hungary decreased by 93% in December 2020 compared to the same month in the previous year according to data published this Thursday by the country's Central Statistical Office. As a result of border crossing restrictions and COVID-19 protection measures for commercial accommodation, domestic tourists spent 89% fewer tourism nights […]
Balluff-Elektronika Ltd.. specialising in the production of electronic components is to launch a new research and development project at its site in Veszprém, midwestern Hungary, targeting the major regeneration of sensors and network devices for industrial automation. The investment of almost EUR 5.8 million creates new jobs for 30 highly qualified employees, by which the […]
The new coronavirus infection was detected in another 1,862 Hungarians by Thursday (some 50% more than in the previous 24 hours), increasing the number of identified infections in Hungary to 381,875. The last time there such a high number of infections was was detected was on January 14, with 1,926 new patients. 97 patients died […]
Budapest's Ferenc Liszt International Airport handled 66,148 passengers during the first month of 2021, registering a 94.3% drop compared to the same month of the previous year when the coronavirus pandemic had not yet appeared in Europe. As the latest bulletin by the airport management company Budapest Airport points out, the tightening of regulations and […]
Hungary's top-ranked tennis player, Márton Fucsovics has made it to the third round in the men's singles of the Australian Open in Melbourne by beating No. 17 seed Stan Wawrinka of Switzerland in five sets: 7:5, 6:1, 4:6, 2:6, 7:6 (11-9). Fucsovics (No. 55 in the world rankings) won the closely contested first set against the […]
The new coronavirus infection was detected in 1,279 new cases by Wednesday, increasing the number of identified infections in Hungary to 380,013. 98 patients died in the past 24 hours, bringing the official number of deaths to 13,347. The number of people recovered is currently 285,022, and the number of active people has been reduced […]
