Partial results of a nationally representative coronavirus screening test show that there are 2.4 infected people per ten thousand people, which means a maximum of 7,230 people infected if the results are projected to the total population. So far, 46.5% of the nearly 18,000 people to be tested in the study have been screened by […]
Hungary's OTP Bank Plc. has announced that the summary of its first quarter 2020 results has been prepared on the basis of its non-audited separate and consolidated IFRS financial statements for March 31, 2020 or derived from that. Q1 2020 results were shaped mainly by the surging risk costs due to the assumed negative impact […]
Qatar Airways will give away 100,000 free tickets to frontline healthcare professionals to say thank you for their heroic work looking after people during the current COVID-19 pandemic. The giveaway will open at 00.01 AM on 12 May and close at 23:59 on 18 May (Doha time). Healthcare professionals can register for this exclusive offer […]
There is ample scope for a ‘green’ recovery of the Hungarian economy. That is the conclusion drawn by the National Bank of Hungary (MNB), which, at the end of March, initiated a call for consultations with environmental experts, non-governmental organizations and institutes on the environmentally sustainable restart of the economy following the epidemic caused by […]
Developed by the Hungarian company ID&Trust, the solution 'GoodID COVID-19 Green', which is being tested for the first time at the Róbert Private Hospital in Budapest, is making its debut these days. Thanks to this, one can get a free digital certificate about the result of the coronavirus test performed by the healthcare institution. The […]
Ferenc Liszt International Airport has won the award for best airport in Eastern Europe for a record seventh time this year. The Skytrax award, handed out – unconventionally, in virtual form – at the World Airport Awards, is one of the greatest accolades in the industry, as it is decided by passengers themselves based on […]
The expectations of housing companies clearly deteriorated in April 2020 compared to a quarter earlier – according to the survey of the Hungarian economic research institute GKI and Masterplast. The epidemic caused by the corona virus has crashed the already slowing housing market, so the outlooks have become much more modest. The value of Budapest […]
The COVID-19 pandemic has also forced courts to introduce new solutions for litigation. One of the most important elements of litigation is that the parties concerned may be able to state and represent their case in person at the court hearing. At the same time, the increased security standards due to the epidemic situation do […]
European Automobile Manufacturers' Association (ACEA) has prepared the first assessment on the impact of the coronavirus epidemic. As expected, the restrictions aimed at stopping the infection dealt a drastic blow to the sector. In Hungary, some 50,000 less vehicles were manufactured that originally planned. So far, the epidemic has caused a total loss of 2.3 […]
70 years ago, on May 9, 1950, against the backdrop of the Cold War, French Foreign Minister Robert Schuman issued a declaration which marked the beginning of the process of building the European Community. On this occasion, Hungarian PM Viktor Orbán wished Europe every success for building stronger cooperation. The official website of the European […]
The confirmed number of people infected with the coronavirus now stands at 3,213. There are 904 people recovered and 405 deceased with another 13 elderly people passing away. Nationwide, there 10,927 people in compulsory home quarantine. The official number of samples tested in an accredited laboratory by the authorities since the outbreak of the pandemic […]
A few days before I was to take the flight to Budapest in November 2018, I met the then External Affairs Minister of India to seek her guidance for my work in Hungary. One important message she gave me was that many individuals spanning several generations had contributed to furthering India-Hungary friendship, including Sándor Kőrösi […]
Based on the feedback from the Budapest companies, Elek Nagy, the President of the Budapest Chamber of Commerce and Industry, sent a letter asking the government to make the GINOP - 1.2.8-20 EU fund application currently under social negotiation available to Budapest companies within the framework of the Competitive Central Hungary Operational Program (VEKOP). The […]
Sales and profit grew well above analysts' expectations in the first quarter of this year for the Hungarian pharmaceutical company Richter Gedeon Plc. The firm achieved a consolidated after tax profit of HUF 29.1 billion, which is 34.6% higher than in the same period of the previous year, and its sales revenue increased by 16.3% […]
During this Friday's Operational Group press conference, Chief Medical Officer Cecília Müller reported a steady increase in the number of people recovered. She said that more tests are being carried out and nearly 100,000 samples have so far been taken. The confirmed number of people currently infected with the coronavirus in Hungary is 1,921 (1,199 […]
