In connection with the official visit of the President of the Republic of Slovenia and his accompanying delegation to Hungary, the Slovenian Tourism Organization (STO) introduced Slovenia as a nearby, green and safe gastro-tourism destination. Given the good epidemiological situation in Slovenia, which was the first in Europe to declare the end of the epidemic, […]
This Sunday, at 3 p.m. in the afternoon, the world famous Budapest Strings Chamber Orchestra will be performing on the terrace of Café Gerbeaud with 16 musicians. The free concert at Vörösmarty square in downtown Budapest is expected to be a unique experience that follows the success of the Petit Gerbeaud Zsúr in a series […]
Szarvas-based Gallicoop Turkey Processing Co. Ltd. will be constructing a 1.2 megawatt solar panel park from an investment of HUF 582 million (EUR 1.65 million). HUF 282 million, that is, close to half of the amount invested will be provided from public funds by the Hungarian government. The project will enable the company to save […]
The national carrier of the State of Qatar continues to lead the global recovery of the aviation industry, relaunching more destinations, a press release by the company says. By mid-July, the airline’s network expands to over 430 weekly flights to more than 65 destinations with the addition of flights to the following destinations: Bali Denpasar […]
Telecommunications companies say data traffic has now largely shifted back to pre-coronavirus levels, the daily Világgazdaság writes, having asked major mobile operators about the topic. Compared to the increased network traffic in the spring due to the epidemic, there is now a decline in both voice calls and data traffic, but there is still a […]
Not only are some of the flights suspended due to the coronavirus pandemic restarting, but Liszt Ferenc International Airport can also welcome new routes, the operator Budapest Airport celebrated one of the first new flights of this year with a water cannon salute and cake. According to the latest Budapest Airport bulletin, LOT is launching […]
Leading domestic companies from several industries demonstrated their good examples and commitments, thereby encouraging domestic companies to make similar ambitious commitments towards a carbon-neutral economy at the online ‘Race to Zero Carbon’ event held this Thursday. The purpose of the event, organized by the Business Council for Sustainable Development in Hungary (BCSDH), the British Embassy, […]
The Hungarian construction material firm MASTERPLAST Co. Ltd. has informed investors at the website of the Budapest Stock Exchange that it acquired the 100% share in Fidelis BAU Ltd. According to a share purchase agreement signed on July 1, 2020, the purchase price of the share consists of a fixed amount of HUF 100,000,000, and […]
Start-ups have been pre-selected in Europe-wide competitions for EIT Health Headstart 2020 semifinals. Among them is the Hungarian company Sineko Global Ltd. for its healthcare innovation. The start-ups will receive intensive training from experts, meet investors and corporates, and compete in pitch contests for a chance to enter the finals in December. Sineko Global helps […]
Nearly a quarter of small and medium-sized businesses in Hungary plan to introduce robotics in the next three years, according to a survey commissioned by Universal Robots called the 'SME Robotization Barometer'. Only 22.5% of companies planning robotics plan to introduce cobots (collaborative robots), however, this indicator is related to the size of the company […]
In May 2020, the average monthly number of employed people was 4 million 399 thousand, which is 134 thousand less than a year earlier. The economic consequences of the coronavirus epidemic are reflected in the employment data reported by the Central Statistical Office.Over the period of March–May 2020, the average number of employed people in […]
This year's winners of the Apple Design Awards have been announced – among them a product from a Hungarian team, Shapr3D. Apple products and software have become famous for their exceptional user experience and design and have shaken an industry. This also gives importance to the recognition coming from its team. Every year since 1987, […]
Reduced output in March and May in the automotive sector could change the typical activity curve in 2020, with busier summer months ahead to make up for lost time. Colliers International has just launched its recent research piece ‘COVID-19 & Industrial Production – The Spring Relevance” where it discusses the importance of particular months for […]
Vodafone Hungary continues to expand its 5G network coverage this year: after the inner city of Budapest and Zalaegerszeg, the development of 5G base stations continues in larger rural towns and around Lake Balaton. With this, the number of Vodafone 5G base stations will increase close to 300 nationwide. Thanks to that, hundreds of thousands […]
Daikin Hungary, a subsidiary of the Japanese multinational air conditioning manufacturing company Daikin Industries, set up its state-of-the-art showroom in the Promenade Gardens office building in Budapest. The A+ category commercial property on Váci Road owned by Erste Open-Ended Real Estate Investment Fund was developed and leased by premium Hungarian property developer Horizon Development. The […]
