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COVID-19 Update: Another 84 Deaths in Hungary

D&T
Nov 3, 2020

Higher-than-ever daily number of COVID-19 related fatalities in Hungary: 84 people died of new coronavirus infection in the past 24 hours, bringing the official total number of such deaths to 1,973. The number of confirmed people infected with the coronavirus in Hungary now stands at 86,769. There are 30,984 people in compulsory home quarantine, while […]

SPAR Hungary Acquires ZIMBO Meat Processing Plant

D&T
Nov 2, 2020

SPAR Hungary Ltd. has purchased the plant of ZIMBO Perbál Húsipari Termelő Kft. ('Meat Industry Production Ltd.'). Following the successful completion of the transaction, the company will further modernize the meat plant, which opened in 1998 in Perbál, just west of Budapest. “The most important goal of SPAR is to deliver quality products from controlled […]

Hungarians Remember Deceased Loved Ones

D&T
Nov 2, 2020

Many people across the country light candles and candles in memory of their deceased loved ones, and visit the graves of their relatives in cemeteries on All Souls Day this Monday. In order for people to cherish this tradition of remembering their deceased loved ones, public cemeteries in Budapest and other major cities are open […]

COVID-19 Fatalities: Another Daily Record

D&T
Nov 2, 2020

In the past 24 hours, 70 coronavirus-infected people have died in Hungary, including a 28-year-old man. This comes following the previous day's record of 69 such fatalities. One of the recent deaths is reported to be that of a 28-year-old folk musician and local government representatives in Budapest's District 8. The official number of COVID-19 […]

Surplus on External Trade in Goods Up Year-on-Year

D&T
Nov 1, 2020

In August 2020, the volume of Hungarian exports increased by 1.5% and that of imports was unchanged compared to the same period of the previous year, the country's Central Statistical Office reports. The surplus was EUR 272 million, the balance improved by EUR 257 million compared to August 2019. According to calendar-adjusted data, the export volume grew by 4.4% and the […]

The Museum of Fine Arts in Budapest

A Bad Year for Museums Also

D&T
Nov 1, 2020

The number of visitors at the Museum of Fine Arts in Budapest has decreased by 90% compared to last year, according to the Director General of the museum, László Baán. He said that there was a similar decline in all museums of international scale worldwide. Last year, a total of 11,563,000 tickets were sold for […]

69 New Coronavirus Infection Deaths: New Daily Record

D&T
Nov 1, 2020

Another 69 Hungarians fell victim to the new coronavirus infection in the past 24 hours, raising the oficial number of COVID-19 fatalities to 1,819. The majority of the 69 victims were elderly and chronically ill. According to the relevant government site, 20,078 people have already recovered from the disease. The new coronavirus infection was detected […]

Béres Drops for Hungarian Schools

D&T
Oct 31, 2020

Almost 82,000 bottles of Béres Drops were donated by Béres Pharmaceuticals Co. Ltd. to teachers in primary and secondary schools in Hungary's public education system, the Hungarian state news agency MTI reports. József Béres, President of Béres Pharmaceuticals Ltd. announced that 81,720 bottles of Béres Drops will be donated to teachers of state public education […]

Czech Acquisition by Hungarian Electricity Company MVM

D&T
Oct 31, 2020

Following approval by the European Commission, Hungary's MVM Co. Ltd. has acquired the 100% ownership of innogy Česká republika a.s. A statement by MVM Group points out that MVM Co. Ltd. has acquired the largest natural gas trader in the Czech Republic, which is increasingly present in electricity trading market as well. The Czech company […]

More Than Ever Hungarians Diagnosed Infected in One Day

D&T
Oct 31, 2020

In the last 24 hours, 3,908 more Hungarian citizens were diagnosed with the new coronavirus infection – never before had so many new infections been registered in one day. This increased the number of identified new coronavirus infections to 75,321 in Hungary since the beginning of the epidemic. The number of COVID-19 related fatalities went […]

2020 Hotel Price Index

D&T
Oct 30, 2020

A new study by tour operator Dertour show the cost of 3, 4 and 5-star hotels and vacation homes in 75 popular destinations, including a 2019 price comparison to illustrate how the COVID-19 pandemic may have impacted prices. The 2020 Hotel Price Index reveals the current cost of a range of hotel and vacation homes […]

Jobs in Peril

D&T
Oct 30, 2020

After a short respite in the summer months, Hungary’s unemployment rate set out on a upward trajectory in September, reflecting the negative impact of the pandemic on the nation’s economy. The somber economic outlook gives little hope that the trend will reverse any time soon. Hungary’s unemployment rate rose for the first time in four […]

New Daily Record of COVID-19 Fatalities in Hungary

D&T
Oct 30, 2020

Covid-19 complications caused by the coronavirus have killed 65 patients in the past day in Hungary, bringing the death toll to a total of 1,699 in the country. This is the highest number, so far, of daily fatalities that can be tied to the new coronavirus infection in Hungary. In the past 24 hours, another […]

Berlin mural at Akácfa utca in Budapest

Berlin Mural in Budapest

D&T
Oct 29, 2020

A mural evoking Berlin has been painted in German-Hungarian cooperation on a firewall in downtown Budapest to mark the 30th anniversary of the reunification of Germany. The mural at Akácfa Street 27 in District 7 depicts three figures at the Berlin Wall in clothes painted with the colors of the German national flag by the […]

Q1-Q3 CEE Investment Volumes Down Compared to 2019

D&T
Oct 29, 2020

Despite investor appetite remaining strong for the Central and Eastern European (CEE) region, year-end volumes are likely to reach EUR 10-11 billion, appr. 20% lower than in 2019, Colliers International reveals. Despite COVID-19 impacts on markets, flow volumes remain relatively healthy for the first three quarters of 2020 at appr. EUR 8 billion. Poland attracted […]

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