The Hungarian Olympic Committee (HOC) celebrates the 125th anniversary of its foundation this month. It was established at the meeting of a committee made up of the officials of Budapest sports clubs on December 19, 1895. Hungary's national Olympic Committee was the sixth in the world to be formed, following the French, Greek, American, German […]
Kedali Hungary Ltd. will invest EUR 40 million in a new factory in Gödöllő (just east of Budapest) that will become an aluminum structural component part provider for Samsung SDI. As the Hungarian Investment Promotion Agency reports, the plant's trial run is expected to start in spring next year, while serial production will reach its […]
Norway has signed new memoranda of understanding with the Hungarian government on the EEA and Norway Grants, in which EUR 214.6 million in funding has been allocated to Hungary. However, the allocation of funds cannot begin until a fund operator for civil society funding is agreed upon. According to a statement by the Norwegian Ministry […]
GKI’s economic sentiment index rose sharply in December. It almost reached its October level again, which was much more favorable than the April low, but had been at a fairly low level since the beginning of summer. According to the survey conducted by GKI Economic Research Co. with the support of the EU, the improvement […]
At the 23rd General Assembly earlier this month, the American Chamber of Commerce in Hungary (AmCham) membership elected Zoltán Szabó, Country General Manager of BT-ROC as President, succeeding Dr. Farkas Bársony after four successful years, a statement by AmCham says. As for other positions, Dr. Dávid Kőhegyi, Local Partner, Head of Compliance and Investigations at […]
The Hungarian oils and gas group MOL supports the large-scale Christmas relief campaign of the Hungarian Interchurch Aid with a donation of 2,300 liters of hand and surface disinfectant. The charity service will deliver 500 servings of hot meals a day to those in need for five days this year. Due to the epidemic situation, […]
From this week, Wizz Air Holdings Plc.’s shares are available on the 'BETa Market', an alternative platform of the Budapest Stock Exchange (BSE). The BETa platform offers the opportunity to trade securities of large European companies. As a result, the shares of the international airline, which has Hungarian origins, can be accessed without currency conversion […]
Another 195 people, the majority of them were elderly, chronic patients, lost their lives in the past 24 hours due to the new coronavirus infection, bringing the total official number of deaths to 8,099. The new coronavirus infection (COVID-19) was detected in another 2,967 Hungarian citizens, thus increasing the number of infected people identified in […]
There were 8.6% fewer live births and the number of deaths rose considerably, by 26%, in November 2020 compared to the previous month, the natural decrease going up from 4,216 in October to 8,032 by November. In January–November 2020, the number of births was 4.4% and that of deaths 3.3% larger, as a result of which the […]
Vodafone Hungary and the Delta Group have signed a strategic cooperation agreement with the aim of enabling the widest possible range of domestic companies to participate in the revolution of this technology. By leveraging the continued rollout of the 5G network and 5G solutions, companies, regardless of size and industry, can dramatically improve their competitiveness, […]
4,045 new infections were registered in Hungary over the past 24 hours, thus, the number of infected people in this country increased to 300,022. 189 patients died over that period, bringing the official number of deaths due to the new coronavirus infection to 7,914. The total number of those who recovered from the infection is […]
The National Bank of Hungary left its monetary policy unchanged at this year’s last meeting of the Monetary Policy Council in a signal that rate-setters are applying caution in light of continued risks to global investor sentiment and a resurgence of the coronavirus pandemic. While a slowdown in inflation and a rally in the forint […]
By Friday, a new coronavirus infection was detected in another 4,428 Hungarian citizens, increasing the number of infected people in Hungary to 295,977. 187 patients died in the past 24 hours, bringing the number of fatalities to 7,725. The number of recovered people is also constantly growing, currently being at 89,814, while the number of […]
The new 51-kilometer-long section built with the net investment of HUF 153.2 billion from the state budget will reduce the journey time between the city of Győr and the town of Sopron to 45 minutes. The new section, opened this week, of the M85 motorway between the towns of Csorna and Sopron was built as […]
20-year-old Hungarian international Dominik Szoboszlai leaves FC Red Bull Salzburg, the current Austrian champions for a transfer fee of EUR 20 million and signs a four-and-a-half-year contract (until June 2025) with German first division (Bundesliga) side RB Leipzig. His new club describes Szoboszlai as a technical midfielder, who also knows how to find the back of […]
