Since 2004, the CEE-6’s share in EU manufacturing output has more than doubled, as measured by the output of its factories, with the region overtaking Spain and the UK, and is closing in on France. Colliers International has published its latest report: COVID-19 & CEE’s Industrial Upside Europe’s Near Shore Powerhouse. CEE’s highly skilled and […]
The river cruise company Mahart Passnave has launched two new routes in the Danube Bend, north of Budapest: between Esztergom and Zebegény and on the Szentendre-Leányfalu-Tahitótfalu-Visegrád line. Decision on the new lines was made by the company because the train replacement boat between Nagymaros and Zebegény became popular in a very short time. The replacement […]
As a sign of revival, 84,781 passengers were flying from Budapest's Ferenc Liszt International Airport in June, the airport's management company reports. A record number, more than 17,000 respondents participated in Budapest Airport’s survey carried out in June. The results reveal that 81% of interviewees plan to fly, with 67% intending to jet off from […]
The ordinary shares of the real estate investment company SunDell Estate Plc. were listed in the standard category of the Budapest Stock Exchange (BSE) for the first time on Monday. According to a BSE announcement, one million SunDell ordinary shares (SUND) with a nominal value of HUF 100 each have been introduced into the standard […]
A one year old red panda arrived from Germany to the Budapest Zoo and the institution's Butterfly garden , delayed by the pandemic, could finally open for this year. In a statement sent to the Hungarian news agency MTI, zoo officials say Bendegúz, a one-year-old male red panda arrived to accompany Aurora, a nearly ten-year-old […]
The Hungarian government has announced restrictions on entry in into the country connection with the coronavirus epidemic. The Minister heading the Prime Minister's Office, Gergely Gulyás said this Sunday that the government decided to classify countries into three categories – red, yellow and green – in terms of the severity of the coronavirus epidemic and […]
A new colorful mural decorates the façade of the fire brigade station on Károly körút in downtown Budapest thanking the people of the capital for their togetherness. "We wanted to reflect on the epidemic sweeping around the world with a work of art that strengthens our togetherness, our community in Budapest, so at our request, […]
The Andersen international tax and legal consulting group will return to Hungary with the merger of OrienTax Tax Consultant Co. Ltd. and Szabó, Kelemen and Associates Law Firm in July. In its statement to the Hungarian news agency MTI on Saturday, Andersen Consultant Co. Ltd. emphasized that Andersen, which operates independently and has a global […]
An exhibition from the works of renowned 19th century Hungarian painter Mihály Munkácsy has opened at the Lajos Hatvany Museum in Hatvan, east of Budapest. The Munkácsy paintings compiled from the collection of Imre Pákh will remain in Hatvan until October 11. In her greeting, Judit Boros, curator of the Munkácsy exhibition, emphasized that the […]
According to a forecast by Eurostat, the population decline of Hungary will be gradual, but after 2070, it will become slower and slower: starting from the current 9.8 million people, the population may decrease to 8.9 million by 2070, and to 8.7 million by 2100. World Population Day, which seeks to focus attention on the […]
Wewalka is launching a major development project at its site in Celldömölk, W Hungary. The Austrian bakery company intends to erect a new two-storey production building and purchase all the production and freezing lines required, while maintaining production. The EUR 15 million development that had its foundation stone laying ceremony this Friday will see an […]
Vodafone Hungary is one of the first companies to switch to permanent remote working. As a unique approach in Hungary, since July this year, Vodafone Hungary has been offering customer service staff the opportunity to work from home in a permanent manner. Teleworking had already been part of ‘business-as-usual’ for the company; however, experience from […]
The Hungarian economic research institute GKI currently expects the Hungarian economy to decline by 5-7 per cent in 2020 (assuming no second wave of the pandemic this year). In March, shortly after the announcement of the coronavirus emergency, GKI forecast two scenarios: one with a 3% and another with a 7% decline in GDP this […]
Digitization and the mass emergence of data-based services will fundamentally change the way healthcare operates within two decades, says a global consumer survey on health trends by the consultancy firm Deloitte. Patients will become consumers who are proactive in their own health. They find out what services they can use and then work with their […]
The roundabout leading to Terminal 2 of Ferenc Liszt International Airport in Budapest has been completed. Financed mostly with support from the European Union, the roundabout makes access to the terminal safer and simpler. As part of the project aimed at developing road access to the airport, numerous other development components have also been implemented; […]
