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Hungarian Tourism Campaign Targets People in the Region

D&T
Jun 29, 2020

The Hungarian Tourism Agency (MTÜ) has launched a campaign to promote Hungary in parallel with the international Budapest campaign. A statement by the agency emphasized that in the period of recovery from the coronavirus epidemic, it is essential that not only domestic tourism be relaunched, but also that foreign travelers gradually begin to return at […]

'Box', a short film by Ábel Százados

Hungarian Boy Collects Another Film Award

D&T
Jun 28, 2020

15-year-old Ábel Százados was given the title 'Youngest Gifted Filmmaker' for his production 'Box' at the World Peace & Tolerance Smartphone Humanitarian Gala Global Short Film Awards, the news portal Szabad Pécs reports. The award – announced this time online – recognizes excellence in highly creative and imaginative films under 15 minutes long. The Hungarian […]

Hungarian Traveler Reaches Darjeeling Destination

D&T
Jun 28, 2020

Following a journey of 13,645 kilometers by bike and on foot, Hungarian adventurer Viktor Zichó completed his mission of traveling from Hungary to Darjeeling, India, following the route taken some two centuries ago by Hungarian explorer Sándor Kőrösi Csoma. Viktor Zichó set out from Komárom, NW Hungary last summer to follow the path taken by […]

Three More New Coronavirus Related Deaths in Hungary

D&T
Jun 28, 2020

Three patients died and the number of confirmed new coronavirus infections in Hungary increased by four in the past 24 hours in Hungary. With three deaths, the official number of pandemic related fatalities increased to 582 according to the government website dedicated to the COVID-19 pandemic situation in the country, and with four new cases, […]

Magyar Rádió Open Air Concert in Szarvas

Open Air Concerts by Magyar Rádió Ensembles

D&T
Jun 27, 2020

An ensemble, consisting of members of the Magyar Rádió (Hungarian Radio) Symphony Orchestra, gave a concert at the Arboretum in Szarvas, eastern Hungary this Saturday. As the Hungarian news agency MTI reports, the Hungarian Radio Symphony Orchestra and Choir holds a three-day open-air concert series entitled 'Zenélő Magyarország' (Musical Hungary) from June 26 in Budapest […]

The Landscapes of the Soul...

I remember from my childhood a charming school rhyme: Maybe verdure is more luxuriant elsewhereAnd the birds in the branches are singing more merrilyPerhaps, perhaps, but dearer to the heart isA song from the Vistula River and the sands of Mazovia. These simple words contain a universal feeling of strong emotional bond with the native […]

EU Court Ruling May Affect Future Merger Deals

Viktória Villányi
Jun 27, 2020

The EU General Court’s new approach to merger control may give the green light to an increasing number of merger and acquisition (M&A) deals. On May 28, 2020, the EU General Court annulled the Commission’s prohibition of a merger proposed by two telecom companies, Telefónica UK and its competitor among network operators, Hutchison 3G UK. […]

Hungarian Population: Moderated Natural Decrease

D&T
Jun 26, 2020

In the first five months of 2020, the number of births (36,527) was 4.8% more and that of deaths (54,656) 5.8% less in Hungary than in the corresponding period of 2019 according to preliminary data by the country’s Central Statistical Office. As a result, the natural decrease declined by 22% or 5,042 compared to January–May 2019. […]

Cash register Figures Not Improving

D&T
Jun 26, 2020

In the first half of June, according to cash register data, store revenues were 3.7% lower than before, which is worse than the 2.6% decrease in May. In addition, people bought less in grocery stores, and the jump in online store revenues is also smaller than the April peak. The survey was made for the […]

Event Center to be Turned into Boat Station

D&T
Jun 26, 2020

The Hungarian Tourism Agency (MTÜ) would transform the Bálna even center on the Pest side of the River Danube into a station for receiving hotel ships, CEO Zoltán Guller announced in a podcast. Guller said the building will perform similar functions as an airport. Hotel boats will arrive and depart from there, but the building, […]

Residential buildings in Prague

How the Pandemic Affects CEE Real Estate Market

D&T
Jun 25, 2020

According to a recent survey by Deloitte, almost nine out of ten respondents expect real estate market activity to decline in 2020. Between January and April this year, the perception of the players in the sector changed radically. Although more than half of the respondents expect only a short-term economic impact, 90% expressed a pessimistic […]

Hungarians Search for Cheaper Used Cars

D&T
Jun 25, 2020

After a drastic decline in recent months, the number of searches for used cars in Hungary in June already exceed last year's results: the sudden increase in demand mainly affects second-hand cars cheaper than HUF 500,000. That is according to the statistics of the market leader Használtautó.hu (‘used car’). Reasons not only include the higher […]

FlixBus Resumes Operation to Transylvania

D&T
Jun 25, 2020

Routes between Hungary and Transylvania are served again from June 26, thus, it will be possible to travel by long-distance bus from Budapest to more than 15 settlements in the western part of Romania. At first, there will be a direct night bus between Kolozsvár (Cluj-Napoca), Marosvásárhely (Târgu Mureş), Nagyvárad (Oradea), Csíkszereda (Miercurea Ciuc), Székelyudvarhely […]

Telekom Expands 5G Capacity around Lake Balaton

D&T
Jun 24, 2020

In July, Magyar Telekom will make available for the first time, with 15 base stations in six waterfront cities – Siófok, Tihany, Balatonalmádi, Fonyód, Balatonföldvár and Balatonszabadi-Sóstó – a 5G service, which enables even higher bandwidth and the simultaneous connection of many more devices. According to the plans, the number of Telekom's stations providing 5G […]

Corporate Sustainability as Obligation

D&T
Jun 24, 2020

As a result of the COVID-19 epidemic, society expects even greater sustainability measures on the part of large corporations. At the same time, the European Union is moving towards climate neutrality, as part of which it would introduce a special carbon border tariff and extend non-financial reporting obligations to smaller firms. As Ákos Lukács, head […]

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