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Residential building in Budapest

Housing Too Expensive in Hungary

D&T
Jun 2, 2020

Housing-related costs have increased disproportionately in Hungary in relation to family income. As a result, many households are unable to raise the payment of own resources for the purchase of their own home, they are forced to rent a home for lack of a better solution. However, an analysis by Deloitte Hungary says, renting is […]

Tesco Tops Retail Chain Ranking in Hungary

D&T
Jun 2, 2020

Although, Lidl increased its total gross turnover significantly in 2019, it is still behind Tesco in the ranking of retail chains in Hungary. Of the chains selling fast moving consumer goods (FMCG), Tesco was the first with HUF 740 billion in revenue, Lidl closed last year with 685 billion, SPAR was in third place with […]

Italian Republic Day

D&T
Jun 2, 2020

On June 2, 2020, Italians celebrate the 74th anniversary of the foundation of the Italian Republic. As Ambassador Massimo Rustico puts it, this day also means “sharing and constantly living values such as justice, democracy, equality and solidarity,” especially in such an extraordinary and dramatic moment of history as this one due to the COVID-19 […]

Digital classroom

Vodafone Creates Smart Classroom Project

D&T
Jun 1, 2020

Vodafone Hungary, together with the Delta Group and SEOS, created a 'digital classroom' concept suitable for both virtual and physical use. As reported by telecompaper, the digital classroom consists of an interactive whiteboard used by the teacher, a teacher’s sheet and student tools (typically tablets). The tools are provided by the Delta Group, but it […]

The bank of the Danube in Szentendre

Promising Developments in Domestic Tourism

D&T
Jun 1, 2020

The number of bookings has been increasing day by day since the restrictions were eased, according to László Lengid, Deputy CEO of the Hungarian Tourism Agency (MTÜ). Typically, the vast majority of accommodations opened on Friday, with almost all catering establishments and spas already waiting for guests nationwide. The experience is favorable, both the guests […]

Tractors lines up at the new site of Royal Traktor in Pápa, western Hungary

Royal Traktor Opens New Site

D&T
Jun 1, 2020

The new site of the Hungarian agricultural power machines sales company Royal Traktor Ltd. was inaugurated this Monday in Pápa, western Hungary. Minister of Agriculture István Nagy explained at the event that the significance of the investment is indicated by the fact that last year farmers spent the most on the purchase of power machines. […]

Preserving the traditions in the Diósgyőr Castle

Diósgyőr Castle Reopens to Visitors

D&T
May 31, 2020

At Pentecost, the Castle of Diósgyőr, located in Miskolc, NE Hungary, has reopened its gates and awaits with exciting outdoor programs those interested. The first Castle of Diósgyőr was built probably in the 12th century and was destroyed during the Mongol invasion (1241–42). The current, Gothic castle was built after the invasion and reached the […]

Businessman Donates Diagnostics Equipment to Hospital

D&T
May 31, 2020

Hungarian venture capital investor Ottó Albrecht purchased a PCR diagnostic equipment, the use of which is currently the safest means of detecting coronavirus infection, for the Heim Pál National Pediatric Institute in Budapest to treat new waves of the epidemic, napi.hu reports. The most reliable way to detect a coronavirus infection is through so-called PCR […]

Hungarian Medical Chamber Letter to the Prime Minister

D&T
May 31, 2020

"During the coronavirus epidemic, the Hungarian medical community, with the risk of their own lives and the lives of their loved ones, did their best, but at the same time, the epidemic highlighted that the structural and financial renewal of Hungarian healthcare has become urgent." That is how the letter, written by Dr. Gyula Kincses, […]

Hungarian GDP Rises by 2.2%

D&T
May 30, 2020

The volume of gross domestic product was 2.2% higher in Hungary in the 1st quarter of 2020 than in the corresponding period of the previous year, the country's Central Statistical Office (KSH) reports. The extraordinary situation resulting from the corona virus pandemic had a negative impact on the performance of most sections, but market services and, […]

Hungarians Advised to Maintain Protection Level

D&T
May 30, 2020

Hungarians are reminded that easing the restrictions are necessary to return to normal everyday life, but it does not mean that the protection measures proposed by the government and recommended by experts should be forgotten. Colonel Tibor Lakatos, Head of the Operational Group pointed out during today's Operational Group press conference that “keeping to a […]

River Cruise Services Resume In and Out of Budapest

D&T
May 30, 2020

On Pentecost weekend, Mahart Passnave will resume its services with two cruises: one to Szentendre, a small baroque town at the gate of the Danube Bend and one within Budapest. Szentendre is situated north of the capital where the river Danube meets the Pilis hills, in a beautiful natural surrounding. It is known as the […]

The Mayor of Budapest, the Ambassador of the Republic of Koreaand Hungary’s Foreign Minister (from left to right) jointly placing a wreath in front of a plaque commemorating the victims a year ago of a river cruise ship in Budapest

Victims of Tourist Boat Tragedy Remembered

D&T
May 29, 2020

A memorial will be erected at the Pest end of the Margaret Bridge in Budapest to the victims of the crash of the Hableány (‘Mermaid’) river cruise ship that happened a year ago. As the Minister of Foreign Affairs and Trade, Péter Szijjártó put it at a memorial ceremony at the scene this Friday, it […]

Hungarian Nobel Laureate Birth Centenary Coins

D&T
May 29, 2020

The National Bank of Hungary (MNB) issues a silver collector coin with a face value of HUF 10,000 and its non-ferrous metal version of HUF 2,000, on the 100th anniversary of Hungarian-born American Nobel Prize winner János Harsányi’s birth. By issuing this collector coin, MNB wishes to pay tribute to the renowned researcher of the […]

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