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Midsummer night 2020 celebration in the Hungarian capital Photo by Swedish Embassy Budapest

Midsummer Night with the Nordics in Budapest

D&T
Jun 19, 2020

Given the COVID-19 situation, the Nordic embassies in the Hungarian capital chose to celebrate Midsummer Night differently - in the form of a webinar. Nordic light is unique. You find it in our design, in our art, in our music, in our values. This time of the year you also find it in our nature […]

International Interest in the Book by Ernő Rubik

D&T
Jun 18, 2020

Ten foreign publishers have already purchased the publishing rights for the book 'Our Cube' by Ernő Rubik, a Kossuth and Széchenyi Prize-winning game designer. It will be published in Hungary in September by Libri Publishing House. The volume will be published later this year in the United States, the United Kingdom, Germany, the Netherlands, and […]

Unanimous vote in Hungarian Parliament to revoke the special legal order

State of Danger Replaced by Disease Control Preparedness

D&T
Jun 18, 2020

The Hungarian government declared a state of disease control preparedness based on which the government can declare a health crisis whenever it deems necessary and rule by decree. It was on Tuesday this week that Hungarian Parliament unanimously lifted the 'special legal order' that had given basically unlimited power to the government since March 31 […]

György Kárpáti and Tibor Benedek

Hungary Mourns Two Water Polo Legends

D&T
Jun 18, 2020

Two legendary Hungarian water polo players, Dr. György Kárpáti and Tibor Benedek – both of them three times Olympic champions – passed away within 24 hours in Budapest. Athlete of the Nation György Kárpáti died in the 85th year of his life this Wednesday. He was born in 1935 in Budapest. At the age of […]

Good News on Instant and Electronic Payments

D&T
Jun 17, 2020

The number of payment cards and, in line with the outbreak of the coronavirus pandemic, as a result of the rapid growth in home delivery services and preference to contactless payments, the number of virtual merchant outlets accessed via internet increased significantly in Hungary in the first quarter of 2020. An information release by the […]

BHS Trans foundation stone ceremony

Logistics Center Foundation Stone Laid

D&T
Jun 17, 2020

The foundation stone laying ceremony for BHS Trans Limited’s new logistics center took place this Wednesday in Debrecen, Eastern Hungary. 45% of the costs of the private investment is financed by Hungarian taxpayers. BHS Trans is building logistics centers in four Hungarian settlements this year with a total investment of HUF 7.6 billion (EUR 21.9 […]

German Pension Fund Buys Office Building in Budapest

D&T
Jun 17, 2020

GalCap Europe, the real estate asset and investment manager specializing in Austria and Central Europe, has acquired another asset in Budapest for a German pension fund’s portfolio: the Rumbach Center. Rumbach Center now expands the existing CEE portfolio within the investor's specialized fund structure, which is under the administration of 2IP Institutional Investment Partners. It […]

Hungary's Oldest Sports Club Turns 135

D&T
Jun 16, 2020

The leaders of the Újpest Torna Egylet (UTE), along with past and present athletes, solemnly remembered this Tuesday the founding of the purple-white club 135 years ago, on June 16, 1885. As exercise basically meant gymnastics in Hungary at that time, it was natural that the first gathering of athletes from Újpest (now District 4 […]

Thyssenkrupp's Hungarian Plant Delayed Significantly

D&T
Jun 16, 2020

The German Thyssenkrupp is postponing the construction of its production plant in Pécs, southern Hungary by one and a half to two years, Forbes magazine has learned. According to the original plans, production would have started in mid-2020 in the plant where engine parts will be produced for hybrid and fully electric vehicles. This later […]

Hungarians' Use of Digital Channel Widens

D&T
Jun 16, 2020

As a result of the restrictions caused by the COVID-19 epidemic, Hungarian society made progress in the field of digitization in a quarter of a year – progress that otherwise would have taken a year and a half, according to Deloitte Digital’s 1,000-person representative customer survey. Changes in the utilities sector have also significantly transformed […]

Aldi Expands its Hungarian Logistics Center

D&T
Jun 16, 2020

Aldi's logistics center in Hungary will be expanded with an 8,800-square-meter cold store, doubling its cold storage capacity in the country, according to an interview with Bernhard Haider, the Hungarian managing director of the discount chain. The company can thus provide a much larger range of refrigerated products to customers, while at the same time […]

Vodafone shop in the Sugár shopping center in Budapest

New Company Information Business Service from Vodafone

D&T
Jun 15, 2020

Vodafone Hungary has launched a new company information service for small and medium-sized enterprises. Partner Control and Partner Monitoring services support business decisions, risk analysis, and tracking of key financial data for new and existing customers with a comprehensive, international company database, data, and reliable facts. Vodafone Hungary's new business information service, which supports business […]

Qatar Airways Restarts Flights to Budapest

D&T
Jun 15, 2020

Qatar Airways has announced that it is resuming services to Budapest from June 15, 2020. Hungary’s capital resumes scheduled services with three weekly flights operated by a Boeing 787 Dreamliner. As one of the only global airlines to have maintained a significant schedule throughout this crisis, Qatar Airways is uniquely positioned to monitor trends in […]

Alternative Payments to Cash are on the Rise in Hungary

D&T
Jun 15, 2020

More than a third of the Hungarian population has been using less cash since the outbreak of the COVID-19 pandemic, according to a recent representative poll conducted by Pulzus Kutató for Napi.hu. One in six people switched to another payment solution because of the coronavirus, but most have replaced traditional payments because of new services, […]

Woman Dies in Thunderstorm Flood in Hungary

D&T
Jun 14, 2020

A woman has died in a sudden flood caused by a thunderstorm in Tótvázsony, north of Lake Balaton in Western Hungary on Sunday afternoon. A spokeswoman for the Veszprém County Police Headquarters told the Hungarian news agency MTI that the 66-year-old woman and her husband wanted to clean the bridge pillar at the end of […]

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