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2021: A Return to Office Spaces?

D&T
Feb 4, 2021

The pandemic has created a reality that will strengthen the trends which have existed in the industry for years. In 2021, however, developers will prepare a new offer for their customers. It will aim at responding to the hybrid working model that has emerged during the coronavirus pandemic. According to Arkadiusz Rudzki, Executive Vice President […]

COVID-19: number of New Infections Has Increased 1.5 Times

D&T
Feb 4, 2021

By Thursday, another 1,652 Hungarian citizens contracted the new coronavirus infection (COVID-19), increasing the number of infected people in Hungary to 371,988. 93, mostly old and chronic patients died in the past 24 hours, thus, the number of deaths rose to 12,832. The number of recovered people is also constantly increasing, stnading currently at 274,308, […]

Dog Adoption Call on Pizza Boxes

D&T
Feb 3, 2021

Thousands of pizza boxes a day will feature photos of animals looking for a master as part of a new campaign to encourage adoption in Hungary. As the popular news site telex.hu quotes an announcement by the Pizza Dog campaign that "In Hungary, there are a lot of stray animals on the streets and many […]

Most Hungarians Spend Little on Foodstuff

D&T
Feb 3, 2021

Almost three-quarters of the population spends less than HUF 50,000 a month on food, a new poll suggests. A survey by Pulzus Research for the business news site napi.hu also suggests that only three of 100 Hungarians have a monthly budget exceeding HUF 100,000. As napi.hu writes, it is a natural reaction on the part […]

Strong January Figures on the Property Market

D&T
Feb 3, 2021

The Hungarian residential property market started the new year with the strongest January figures of the past five years. The 11,185 transactions estimated by Duna House property agency tells the story of a 13% stronger turnover than in January 2020. The increase in demand had made itself felt in the data recorded by the property […]

Hilti site in Kecskemét_hilti_hu

Hilti Investment at its Kecskemét Site

D&T
Feb 2, 2021

With a new investment, Hilti Szerszám Kft. (Hilti Tool Ltd.) will engage in new activities at its site in Kecskemét, SE of Budapest, including the production of manual power tools and the establishment of a logistical system. The investment value amounts to HUF 7.2 billion (over EUR 20.1 million), of which the Hungarian government subsidy […]

Falling New Car Sales in Hungary

D&T
Feb 2, 2021

New car sales in Hungary started to decline somewhat in 2021: 12% fewer new cars were sold in the first month of this year than in January 2020, which was still epidemic-free. In January this year, 8,867 new passenger cars were sold, including 154 electric and 245 plug-in hybrid models, according to data by the […]

Substantial Rise in Industrial Producer Prices

D&T
Feb 2, 2021

Industrial producer prices as a whole were 6.8% higher in December 2020 than a year earlier. The rate of increase of prices was influenced primarily by the weakening of the forint against the Euro. According to a report by the Central Statistical Office published this Tuesday, domestic output prices were up by 2.6% and non-domestic output […]

Higher Concentration of Coronavirus in WasteWater

D&T
Feb 1, 2021

The concentration of coronavirus in wastewater is rising again in two eastern Hungarian cities, Debrecen and Nyíregyháza. After declining in previous weeks, in week four of the year, the concentration of the new coronavirus hereditary in the wastewater samples rises again on a national average, the government coronavirus website states. The performed studies show that […]

Falco Invests to Increase Capacity

D&T
Feb 1, 2021

Plywood producer Falco Co. Ltd. invests EUR 25 million to develop numerous production areas at their premise in Szombathely, W Hungary. The development project will conclude in 2024 and it helps in retaining 302 jobs. HUF 1.2 billion of the HUF 8.2 billion investment costs will be covered by the Hungarian government. The company was […]

Decreasing Surplus in Hungary's Foreign Trade

D&T
Feb 1, 2021

Surplus on Hungary's external trade in goods amounted to EUR 836 million in November, exports grew by 0.4% and imports by 1.1% compared to October, the Central Statistical Office reported this Monday. In November 2020, the volume of exports increased by 12% and that of imports by 7.7% compared to the same period of the previous year. […]

Landscape of Budapest

The first sight when arriving at a new destination by plane is an overview of the city where you will live. That initial picture is completed with the route to the place of residence; now, the city begins to take its shape as one crosses squares, bridges and houses. Thus, the visitor begins to create […]

Electric Buses Put in Service in Paks Local Transport

D&T
Jan 31, 2021

Electric motor driven buses will replace the diesel vehicles from February 1 in local public transport in Paks, south of Budapest. According to the information of the local government, from Monday, the service will be provided by Paks Bus Transport Ltd., owned by the town, replacing Volánbusz.There will be 12 Polish Solaris buses, manufactiured in […]

Vaccination in an elderly home in Szolnok l Photo by János M

222,000 Hungarians Vaccinated Against the Coronavirus

D&T
Jan 31, 2021

1,307 new infections and 61 deaths were registered in the past 24 hours in the country and 222,005 Hungarians have so far been vaccinated against the new coronavirus. The number of identified infections increased to 367,586, while the official number of deaths is now 12,524. The number of people recovered is currently 262,968, and that […]

An Eternal Experience

D&T
Jan 30, 2021

The sixth season of Virtuosos, a unique international classical music talent show of Hungarian origin, concluded this past December. For the first time, it was named ‘Virtuosos V4+’, looking not just for a young Hungarian talent, but also from the other countries of the Visegrád Four (Poland, Slovakia, the Czech Republic) and Serbia. The Hungarian […]

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