With the easing of the coronavirus epidemic, the front part of the buses and trolleybuses in the Hungarian capital will no longer be cordoned off from Monday, June 15, 2020, thus allowing passengers to keep a greater distance from each other by making full use of the passenger compartments of vehicles. A statement by the […]
In April, 2020 the volume of industrial production declined by 36.8% year-on-year. Based on working-day adjusted data, production fell by 36.6%. The economic effects caused by the coronavirus epidemic were significant in this period. According to data by Hungary's Central Statistical Office, the manufacture of transport equipment fell outstandingly, to one-fifth, due to the temporary […]
János Áder, the President of Hungary honored Sameer Hamdan and Zuhair Awad with the Knight’s Cross, Order of Merit of the Republic of Hungary Medal for Civilians. The award was decreed in February in the official journal of Hungary, 'Magyar Közlöny' (Hungarian Gazette), however, due to the global circumstances the recipients received their award in […]
More than 2,250 solar panels of 270 watts each have been installed on the 6,500-square-meter roof of the logistics center in Cegléd of Gépész Holding that sells building engineering products. The new system produces the annual electricity demand of 160-170 detached houses – a smaller village if you like. In 2017, the building services company […]
The number of confirmed people infected with the coronavirus in Hungary now stands at 4,064. There are 8,472 people in compulsory home quarantine, 2,476 recovered and 559 deceased. The total number of active COVID-19 cases is 1,029. The official government site finds it important to note that 40% of those infected, 60% of the deceased, […]
The coronavirus pandemic led to a sharp fall in housing market activity at the end of March 2020; and construction activity is also expected to slow. Looking ahead, the market of new homes may be supported by the preferential, 5% VAT rate applicable in brownfield zones, says a report by the National Bank of Hungary […]
From Monday, June 15, all healthcare services can be provided without restrictions while maintaining anti-epidemic preparedness, the Minister of Human Capacities announced at a press conference in Budapest on Friday. Minister Miklós Kásler said that in the case of hospitals, this means that 80% of the beds previously set aside for the care of coronavirus-infected […]
Richter's atypical antipsychotic, Reagila, containing the active ingredient cariprazine, was awarded the title of Drug of the Year 2019 by the Hungarian Society for Experimental and Clinical Pharmacology (HUNPHAR). Each year, the prestigious award recognizes the most advanced and effective products that have made a significant breakthrough in the cure of a disease. The award […]
As an extraordinary announcement, Zwack Unicum Plc. has reported on the website of the Budapest Stock Exchange that is has receives subvention from the government to increase competitiveness. The Zwack Unicum Public Limited Company inform "its distinguished Investors" that the Hungarian Ministry of Foreign Affairs and Trade (KKM) awarded the company a non-repayable subvention to […]
Banking habits have changed significantly changed in Hungary since 2018. Two thirds of those who previously only used a bank branch to manage their account already use a digital channel, and the role of mobile banking has also increased, according to Deloitte Digital representative research. Deloitte Digital has conducted a customer survey on a representative […]
On the occasion of the end of the 2019-2020 academic year and the corresponding closure of courses, Mexican Ambassador David Nájera sent a video message to the students and teachers of the Hungarian-Spanish bilingual institutes in this country and received some outstanding students at the Embassy. In his video message, the Mexican Ambassador mentioned that […]
From August this year, Alberto Vercelli, who previously held the position of business manager in the South American region, will take over the management of Nestlé's Hungarian Nespresso business. At the same time, Panna Miklós will take over the management of Nestlé Hungária Confectionery from June. According to a press release, Alberto Vercelli began his […]
Long distance bus service provider FlixBus will resume its service: initially between Budapest and Vienna. Four vehicles will depart daily from both capitals, and some connections will also stop by Győr and Vienna Airport, according to the firm’s press release. As the company is gradually expanding its route network in line with passenger needs, the […]
This summer in Szeged, SE Hungary, will not be without the traditional Open-Air Festival, either. The organizers announced that after the restrictions were eased, preparations could restart, so, except for a single change, the audience can see the originally announced productions . The season begins on July 17 with Händel's comedy opera 'Agrippina', followed by […]
Singapore Airlines (SIA) has raised SGD 10 Billion of liquidity through its recent Rights Issue, as well as a mix of secured and unsecured credit facilities. This puts SIA on a steady footing as it tackles the challenges posed by the global Covid-19 outbreak. A SIA statement says the airline secured SGD 8.8 billion in […]
