The GKI business climate index rose markedly in January. It has reached its highest level since the start of the epidemic, but made up just over half of its April fall. According to a survey conducted by the Budapest-based GKI Economic Research with the support of the EU, business and consumer expectations also improved in […]
The National Bank of Hungary (MNB) has published a study and discussion paper focusing on the challenges and opportunities for the financing of the Hungarian renewable energy sector. According to a statement by the bank, MNB's newly introduced preferential capital requirements for green corporate financing may also help the development of this sector. The national […]
The Hungarian women's water polo team has qualified for the Tokyo Olympics by beating host nation Italy 13-10 this Saturday at the Olympic qualification tournament in Trieste. In the semifinal of the competition organized by the international aquatics federation FINA, the Hungarians took a 3-0 lead early in the match and later increased it to […]
In 2020, the Application of the Year award in the competition announced by the Hungarian Marketing Association was won by DokiApp. With the help of the telemedicine application, one can consult a doctor or psychologist at any time of the day, after just a few minutes of waiting. Developers could enter the competition with applications […]
It was 120 years ago, in January 1901 that the representatives of 13 football clubs gathered in Budapest and decided to establish an independent association for the organization of football in Hungary. A well-known writer-philosopher, Géza Jász was elected as the president of the Hungarian Football Federation (MLSZ), and the first championship was immediately announced. […]
Local demand for IT professionals has doubled over the past five years with employers seeking to hire as many as 44,000 digital professionals in the medium term, according to a recent study. However, the increasing shortage of computer scientists is set to leave many IT-reliant enterprises scrambling to meet their business objectives. A recently published […]
The Budapest Research Forum, which comprises the real estate firms CBRE, Colliers International, Cushman & Wakefield, ESTON International, JLL and Robertson Hungary, has published its Q4 2020 office market summary. In the fourth quarter of 2020, 38,850 sqm of new office space was delivered to the Budapest office market in four schemes. Váci Greens E […]
The German multinational conglomerate Thyssenkrupp launches another electromobility-related development project in Veszprém, W Hungary where the company will establish an engineering service center with an investment of slightly over EUR 6 million. The Hungarian government is to cover 35% of the investment costs of the project that promises to create 80 new engineering positions within […]
1,410 new infections were officially registered in Hungary in the past 24 hours, bringing the total number of infected to 355,662, the government website koronavirus.gov.hu reported on Thursday. Another 98 Hungarians, generally elderly patients suffering from an underlying illness, fell victim to the new coronavirus infection by Thursday. thus, the official death toll has risen […]
Prime Minister Viktor Orbán has sent a congratulatory letter on the occasion of Joe Biden’s inauguration as President of the United States of America. In the letter, the Hungarian PM is of the view in the message that "the past four years have proved that friendly and mutually beneficial cooperation between US and Hungary could bring […]
Based on the estimates of Duna House. a total of 34,000 transactions were concluded in Q4 2020, which reflects almost the same activity level as a year before. December 2020 was marginally stronger than the same month in the previous two years and brought more than 10,000 property sales in total. The combined figures published […]
The National Film Institute (NFI) is celebrating the 120th anniversary of the first Hungarian film with several programs that will include film screenings, exhibitions and other activities, NFI said in a statement to the Hungarian news agency MTI that the programs will begin with the Day of Hungarian Film on April 30. In July, NFI […]
"Dr. Katalin Karikó has accepted the title of honorary citizen of Szeged. It is a great honor for all of us," the mayor of the southeastern Hungarian city of Szeged, László Botka announced Tuesday evening. "Our city, our country, and the whole world can be grateful to her for her exceptional scientific work in the […]
During the past two years, Budapest Airport implemented EUR 167 million worth of investments at the airport, whereby the regional significance of BUD has been greatly enhanced, while maintaining a high level of safety and security. According to a statement by Budapest Airport, the management company of the Hungarian capital's Liszt Ferenc International Airport, the […]
Another 111 Hungarians succumbed to the new coronavirus in the past 24 hours, increasing the official number of COVID-19 fatalities to 11,520 in this country. With 573 new confirmed cases of COVID-19 in Hungary, the number of active coronavirus cases now stands at 109,841 while the total number of cases reported int he country so […]
