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New February 26 Heat Record in Hungary

D&T
Feb 26, 2021

Both the national and the Budapest heat record was broken this Friday. According to the National Meteorological Service, it was really warm, almost corresponding to the end of May and the beginning of June. Beforehand, the capital's heat record of February 26 was 18.9 degrees Celsius recorded in 2008. This time, it was now more […]

Gedeon Richter Maintains Strategic Direction

D&T
Feb 26, 2021

In its 2020 report to the Budapest Stock Exchange, the Hungarian pharmaceutical company Gedeon Richter Plc. states that the company managed to service its customers on time and in full also into the last quarter of the reported year despite a sharp increase in COVID-19 case numbers in its countries of operation. Additional protective measures […]

Legal Clashes

D&T
Feb 26, 2021

Hungary and the EU are locked in a number of legal disputes over several laws passed by the government of Prime Minister Viktor Orbán. Brussels is resorting to various measures as it seeks to pressure Hungary to abide by the rulings of the European Court of Justice and the stipulations of EU law. Hungary and […]

2020, the Worst Ever Demographic Year in Hungary

D&T
Feb 25, 2021

The annual natural decrease of the Hungarian population (that is, the difference between the number of births and deaths) has never been as high as last year since the start of measuring it. This has been found by hvg.hu after the publication of data by the country's Central Statistical Office this Thursday. Official figures suggest […]

Drechsler Palace

The Renaissance of the Drechsler Palace

D&T
Feb 25, 2021

Hungarian integrated architecture and building services provider DVM group started the construction works of Drechsler Palace in January 2021 at 25 Andrássy Avenue, Budapest. The building is planned to be unveiled as a hotel in 2022. The monument building also known as the one once housing the Pension Fund of the Hungarian State Railways and […]

BCSDH Sets Race to Zero Program as 2021 Priority

D&T
Feb 24, 2021

Following last year's regional consultation, the General Assembly of the Business Council for Sustainable Development in Hungary (BCSDH) held its annual meeting this week and hosted as guest speaker the President-CEO of the World Business Council for Sustainable Development (WBCSD) Peter Bakker who gave a presentation on 'Making stakeholder capitalism real and rewarding' to nearly […]

Updated, Integrated Long-term Strategy at MOL

D&T
Feb 24, 2021

The Board of Directors of the Hungarian oil and gas trust MOL reviewed and approved 'MOL Group 2030+', an update of the company’s long-term strategy – which was originally announced in October 2016 –, fully integrated with a new sustainability strategy and complemented with a longer-term vision and ambitions beyond 2030. A statement by the […]

Tamási Hús Doubling Production Capacity

D&T
Feb 23, 2021

Tamási Hús Ltd., Hungary's top bacon producer, is expanding its production capacity in Tamási, W Hungary, and improving its service infrastructure through a cumulative investment of EUR 42.6 million. The project entails the building of a new plant and warehouse, in addition to the installation of a set of new bacon slicers and roasters, a […]

Daily COVID-19 Fatality Number Back Over 100

D&T
Feb 23, 2021

After a two-day break, the number of new deaths a day rose again to over a hundred, after 103 patients died in Hungary, bringing the official number of new coronavirus related deaths to 14,450. In the past 24 hours, 1,628 new cases of the new coronavirus infection (COVID-19) was detected, thus increasing the official number […]

Governing Majority Extends Emergency Regulations

D&T
Feb 22, 2021

The two-thirds governing majority in Hungarian parliament voted for a further extension of the state of emergency and emergency regulations – with no opposition MPs backing the proposal. After the expiration of the state of emergency in early February, the government first extended it for fifteen days under its own authority, and then it was […]

Intermodal Container Terminal To Be Built in SW Hungary

D&T
Feb 22, 2021

METRANS Group is establishing a new rail/road logistics terminal in Zalaegerszeg. The investment of over EUR 44.3 million will grant the Hungarian city a key role in making the Adriatic Corridor become a priority trade route. The container terminal, which is planned to be handed over to use in a number of stages as of […]

More Used Frying Oil and Fat Collected in Hungary

D&T
Feb 21, 2021

Used frying oil (including coconut and palm fat) and frying fat are selectively collected in 240 liter containers in 420 Hungarian settlements. Behind the collection of used oil is BioTrans Ltd., which has so far reached 1.8 million people with its program mainly in smaller municipalities but the company hopes this number will grow significantly. […]

Successful Crisis Management at Rába

D&T
Feb 21, 2021

The Hungarian automotive firm Rába Plc. closed the 2020 business year with a consolidated, group-level sales revenue of HUF 38.7 billion, the company reports. The report highlights that thanks to the measures introduced in the spring, the management successfully handled the crisis and, exceeding the set goal, restored profitable operations on an annual basis, along […]

Touch-Free In-flight Entertainment at Qatar Airways

D&T
Feb 20, 2021

Qatar Airways says it will soon become the first global airline to offer passengers 100% Zero-Touch technology for its award-winning Oryx One in-flight entertainment system across the A350 fleet as part of the airline’s latest COVID-19 safety measures. The Zero-Touch technology, introduced in partnership with the Thales AVANT IFE system, will enable A350 passengers to […]

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