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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 […]

New Currency in Hajdúnánás

D&T
Jan 30, 2021

Local currencies used in parallel with the Hungarian Forint (HUF) are the tools of rural settlements to stimulate the local economy, keep money in place and keep jobs. Perhaps the most successful example of this today is the Bocskai Crown (BK) from Hajdúnánás. The mayor of the northeastern Hungarian town, Tibor Szólláth told the business […]

Magyar Telekom headquarters in Budapest

Magyar Telekom Acquires Frequency Usage Rights

D&T
Jan 30, 2021

Magyar Telekom, the leading Hungarian telecommunications service provider has announced that – in the auction procedure for the entitlements of frequency use of the 900 MHz and the 1800 MHz frequency bands –, it has won the rights of use of 2×8 MHz in the 900 MHz band for HUF 18.48 billion and 2×20 MHz […]

A Never Ending Story?

Tamás Magyarics
Jan 29, 2021

The breakup of the Soviet Union in December 1991 brought to the surface a number of previously hidden ethnic conflicts. The one which was the bloodiest, and which received at that time the greatest attention in the outside world was the war in Chechnya. Later on, the Russian-Ukrainian conflict got into the limelight – primarily […]

2020: More Births but Much Worse Death Numbers

D&T
Jan 29, 2021

2020 produced the second worst demographic result in 120 years in Hungary. A total of 139,549 Hungarians died – no such high number recorded for 21 years – and 9,946 more than a year earlier. The death toll really jumped last September. In 2020, 92,233 children were born and 139,549 people died according to preliminary […]

Hungarian Drug Agency Approves Russia’s COVID-19 Vaccine

D&T
Jan 29, 2021

Hungary’s drug authority approved Russia’s Covid-19 vaccine, called Sputnik, making the nation the first EU member state to allow the use of the vaccine. The government of Prime Minister Viktor Orbán seeks to speed up the country’s exit from the coronavirus crisis by securing vaccines from Russia and China. Hungary’s drug authority granted emergency approval […]

We Need to Work on the Future!

D&T
Jan 28, 2021

The Institute of Advanced Studies Kőszeg (iASK) was established in 2015 with the aim of helping to navigate the complexities and uncertainties of this age, contributing to the formulation of solutions to pressing problems that require complex and interdisciplinary thinking, and developing a new vision and strategy for small city development. iASK was founded at […]

Vodafone Renews Frequency Spectrum

D&T
Jan 28, 2021

The acquired spectrum in the 900 MHz and 1800 MHz bands support faster mobile internet services and better voice quality in the long run. Vodafone Hungary says it has renewed its existing frequencies in the 900 MHz and 1800 MHz spectrum at the NMHH (National Media and Infocommunications Authority) spectrum auction, for a total cost […]

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