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 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 […]
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 […]
‘We help them so that they can help’ is the motto as Audi Hungaria provides support to six healthcare and social institutions in and around the city of Győr, NW Hungary to successfully fight the coronavirus. A press release by the company says that as the largest employer in the region, Audi Hungaria plays a […]
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 […]
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 […]
Outdoor sporting and cultural events, restaurants and hotels to reopen across Hungary this week. At today’s Operational Group press conference, Róbert Kiss, Lieutenant Colonel of the Hungarian Police Force, announced that a new phase of protection measures will enter into force in Budapest tomorrow. “This means, people can consume food and drink inside restaurants and […]
The turnover at Hörmann Hungária Ltd., which sells garage doors, exterior and interior doors and traffic restraint systems, increased by 19% (to HUF 9.5 billion) compared to the previous year, the company told the Hungarian news agency MTI. According to the information provided, internationally, the German parent company closed with a 5% increase and sales […]
Many retailers have been adversely affected by the special retail tax re-introduced by the Hungarian government from May this year and the opening restrictions on a significant number of shops from mid-March to mid-May. However, there are state subsidies, tax and financial incentives that can also be applied in this sector. Several of these will […]
Renowned British engineer George Weisz, born in Hungary in 1929 as György Weisz, has passed away. He was also known as the father of Academy Award and Golden Globe Award actress Rachel Weisz. As The Times notes in its obituary of George Weisz, "in 1972, aged 42, he invented a pioneering artificial ventilator pneumatically powered […]
Another six people died of the Covid-19 pandemic in Hungary in the past 24 hours – all of them elderly with chronic diseases –, raising the official number of deceased in the current pandemic to 505 in this country. The confirmed number of people infected with the coronavirus now stands at 3,793 (1,432 of them […]
“Despite the pandemic situation, the construction of the Zalazone automotive industry test track in Zalaegerszeg is continuing unhindered and will soon be reaching its third and final phase”, Minister for Innovation and Technology László Palkovics said during an international online press conference held at the track. Following the announcement of the completion of the first […]
In the current extraordinary economic circumstances, the Hungarian National Bank’s (MNB’s) mandate is still to achieve and maintain price stability, to preserve financial stability, as well as to support the government’s economic policy. Consistent with this, mitigating the negative effects of the coronavirus pandemic on the real economy and financial markets and creating the conditions […]
At Tuesday’s briefing by the Operational Group, it was emphasized that the threat of an epidemic has not passed. The goal is to gradually restart life according to a strict schedule. However, It is still important to follow general precautions. From Monday, kindergartens will be open in the countryside, and schools will have a digital […]
The Hungarian oil and gas company MOL has shipped more than two million liters of its hand and surface disinfectants to hospitals, state and municipal institutions, public utilities and law enforcement agencies since late March when it began the production of these products. The company also started serving wholesale partners last week, reaching about 600 […]
