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Hungarian Interchurch Aid to Help Italian Flood Victims

D&T
May 21, 2023

The Hungarian Interchurch Aid (HIA) is supporting the victims of the flooding in northern Italy with HUF 3 million, the extraordinary donation will contribute to the humanitarian aid of the local community of Forli, the HIA told MTI on Sunday. They recalled that in recent days "the flood of the century" has caused unprecedented devastation […]

Zrínyi Fortress Re-opens After Renovation

D&T
May 20, 2023

The renewed Zrínyi Fortress in Szigetvár, S Hungary, was inaugurated, which has seen more than HUF two billion worth of tourism improvements over the past three years. The fortress, which is famous for the heroic stand of Miklós Zrínyi and his fellow martyrs against the Turks in 1566, was renovated as part of the National […]

Less Hereditary Material in Waste Water

D&T
May 18, 2023

The concentration of the coronavirus hereditary material in wastewater is again decreasing, the National Public Health Center (NNK) said on its website. They wrote that after stagnating in previous weeks, the average concentration of the coronavirus hereditary material in wastewater decreased slightly again in the 19th week of the year. The concentration in question continued […]

Balaton Sailing Season Kicks Off

D&T
May 13, 2023

The sailing season on Lake Balaton started on Saturday with the opening big boat sailing race and the wreath laying ceremony on the lake. This year, 235 people entered the race. The president of the Hungarian Sailing Federation, Csaba Haranghy, called the town of Balatonfüred the capital of Hungarian sailing in his speech before the […]

The Flowers Festival of Gyula

D&T
May 13, 2023

The Gyula Flowers Festival is held again this weekend, with sixty exhibitors presenting their special plants and horticulture-related products in the southeastern Hungarian town of Gyula. The town's chief gardener, Adrienn Várkonyi Szász said that ten percent of the exhibitors com to the event for the first time. Most of them offer annual flowers, but […]

MTA President Calls for ‘Meaningful Cooperation’

D&T
May 8, 2023

The public session of the General Assembly began with a welcome speech by Tamás Freund, President of the Hungarian Academy of Sciences (MTA). "Only a meaningful academic role and cooperation between the Academy and the government can bring about a stable, predictable and efficient national RDI system that goes beyond governmental cycles, and the utilization […]

Falling Real Estate Investment from Outside the EEA

D&T
May 8, 2023

In the 125,000 or so transactions that took place on the Hungarian real estate market last year, there were 2,524 cases of foreign investors who had to apply for a property purchase because they were not citizens of the European Union, the European Economic Area (EEA) or Switzerland. This is a 7%% drop compared to […]

Europe Day Festival in Budapest

D&T
May 7, 2023

A free all-day festival was held in Budapest to celebrate Hungary's accession to the European Union. This year's event was packed with exciting and colorful activities. There was a chance to run with famous Olympians in the now traditional Europe Day running race, but music lovers and families were also in for a treat with […]

86% of Hungarians Try to Cut Spending

D&T
May 4, 2023

86% of Hungarian consumers are trying to cut their spending, according to research by Ernst&Young international consultants presented at the company's press conference in Budapest on Thursday. The survey was conducted in January-February this year, interviewing 1,000 people, and the results are representative of the Hungarian population aged 18-65. Price and value for money are […]

April Slump in the Hungarian Housing Market

D&T
May 3, 2023

The Easter and spring break period caused a temporary decline in the Hungarian real estate market, with 6,787 residential properties changing hands in April, which is a thousand less than in the previous month, the real estate broker firm Duna House Group told MTI on Wednesday. According to Duna House's estimates based on its own […]

Argentine Ambassador and Violinist Meet Pope Francis

D&T
May 1, 2023

The audience was granted by official response from the Apostolic Nunciature to the Embassy of our country in Hungary, to receive the extraordinary Argentine violinist Pilar Policano accompanied by her mother Laura Minniti, her father Pablo Policano and her younger brother Julián, the Argentinian Embassy in Budapest says in a statement. The family was accompanied […]

Greater Budapest: Growing Industrial Real Estate Stock

D&T
Apr 30, 2023

The total modern industrial stock in Hungary was 4,729,935 sqm at the end of Q1 this year. The stock in Greater Budapest reached 3,241,150 sqm, while a further 1,488,785 sqm of industrial space is located in Regional Hungary. Due to the annual size revision, the stock grew by 5,815 sqm, additionally three previously not registered […]

Continued Flow of Ukrainian Refugees

D&T
Apr 30, 2023

On Friday, 7,207 people entered Hungary at the Ukrainian-Hungarian border, while 7,745 of those entering at the Romanian-Hungarian border said they had come from Ukraine, the National Police Headquarters (ORFK) said. As reported by MTI on Sunday morning, of those who entered, police issued 91 people with temporary residence permits valid for 30 days. They […]

Better-Than-Expected Results at Graphisoft Park

D&T
Apr 28, 2023

In 2022, with a rental revenue of EUR 15.54 million, the Budapest office complex Graphisoft Park achieved a pro forma net result of EUR 6.02 million, which is more than EUR 400,000 higher than the forecast published last November and 24% higher than our previous year's result. The significantly better result than the forecast is […]

OTP Bank Awards Companies in Three Categories

D&T
Apr 26, 2023

Hungary’s largest commercial financial institution, OTP Bank has awarded its corporate clients in three categories – innovation, social responsibility and international expansion – for their outstanding performance, the bank said in a statement sent to MTI on Wednesday. The Chairman and CEO of OTP Bank, Sándor Csányi said that the OTP Business Excellence Award aims […]

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