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More Young Real Estate Buyers Projected

D&T
Feb 7, 2021

One-fifth of the adult Hungarian population is planning to buy real estate this year, and the majority of prospective buyers are the youngest, aged 18-29, according to a joint research by Duna House and Reacty Digital. Károly Benedikt, the head of analysis at the Duna House property agency, highlights that in the last two years, […]

First Shipment of AstraZeneca Vaccine Arrives in Hungary

D&T
Feb 6, 2021

The first shipment of AstraZeneca vaccine, authorized by the European Medicines Agency, arrived in Budapest from Oxford this Saturday. The consignment placed at the Budapest site of the pharmaceutical wholesale company Hungaropharma will be enough to vaccinate more than 20,000 people. This vaccine is planned to be given to chronic patients under 60 years of […]

National Census Postponed in Hungary

D&T
Feb 6, 2021

The Hungarian government has postponed the national census originally planned for 2021 by one year by amending the government decree on additional protection measures to be applied in times of emergency. According to the the Hungarian Gazette published Friday night, the census will have to take place in 2022. Data collection will be carried out […]

COVID-19 Fatalities Exceed 13,000 in Hungary

D&T
Feb 6, 2021

Another 96 Hungarians fell victom to the new coronavirus infection - most of them elderly, chronic patients -, bringing the official number of COVID-19 related deaths to 13,026 in Hungary. The new coronavirus infection (COVID-19) was detected in another 1,561 Hungarian citizens in the apst 24 hours, thus increasing the number of infected people identified […]

Return to Normalcy?

D&T
Feb 5, 2021

As the economic malaise brought about by the pandemic is expected to stay with us in the first half of 2021, the property market will continue to be affected but a slow recovery may be in the cards. Analyses published recently by the Central Statistical Office, Takarékbank and real estate experts at Duna House project […]

Hungarian Olympic Champion Gymnast Retires

D&T
Feb 5, 2021

Olympic, three-time world and six-time European champion gymnast Krisztián Berki announced his retirement at an online press conference of the Hungarian Gymnastics Federation (MATSZ). At the age of 35, Krisztián Berki decided not to compete anymore. He is Olympic gold medalist (2012, London), three-time world champion (2010, 2011, 2014), two-time World Cup silver medalist (2007, […]

XIXO: Plastic Replaced by Recyclable Aluminum Cans

D&T
Feb 5, 2021

As of February 1, XIXO’s carbonated soft drinks are packaged by HELL ENERGY Magyarország Kft. solely in 100% recyclable aluminum cans, which can be recycled an infinite number of times. The manufacturer says it will permanently stop using plastic bottles across this entire product line, another step that demonstrates the company’s commitment to the environment […]

Letenye, SW Hungary

New Daily Temperature Record in Hungary

D&T
Feb 4, 2021

18.1 degrees Celcius was measured this Thursday in Letenye, a town on the Croatian border in southwestern Hungary - a new Hungarian record measured on February 4. The National Meteorological Service said that this Thursday looked like a typical day in early February , but the temperatures were much more similar to the values recorded […]

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 […]

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