In December 2022, the volume of sales in retail trade decreased by 4.8% according to raw data and by 3.9% when adjusted for calendar effects compared to the same period of the previous year. In December, calendar-adjusted sales volumes decreased by 8.3% in specialised and non-specialised food shops and by 0.4% in non-food retailing and […]
Following a drone attack on their Ukrainian system control center in mid-October, Ukrainian transmission operators have requested assistance to restore their damaged IT infrastructure through ENTSO-E, the European network of system operators for telecommunications. “In immediate response to the request received at the end of October, we offered servers and data storage devices to Ukrenergo […]
The office and warehouse market in the Hungarian capital will continue to gain momentum this year, and as last year, a significant amount of new space will be added in 2023, Erste Bank told MTI on Thursday. The statement quoted Erste's head of real estate finance, Tamás Deák, as saying that last year 267,000 square […]
19, mostly elderly, chronic patients died last week (down from 29 in the previous week), bringing the official total number of deaths in this country to 48,677, the government's Coronavirus Press Center said on Wednesday. 620 new infections were confirmed in the past week (about the same as in the previous week), bringing the total […]
A Musical Changing of the Guard with the Scottish Bagpipe Band took place in front of the Hungarian Parliament building this Monday. The event with the Parliamentary Guard, on the occasion of the 264th anniversary of the birth of the Scottish national poet Robert Burns, was organized by the Hungarian-Scottish Society and the Robert […]
A community space has been created on the first floor of the Belvedere Palace in Szeged, SE Hungary, with support from the European Union, the Csongrád-Csanád County Municipality, has announced. According to the press release, the investment will enable the municipality to provide the population of the county with a worthy and accessible space for […]
Orbico Hungary has decided to move to the first phase of H2Offices complex in Budapest. The new tenant will occupy 1,253-sqm office space in the building, the building's developer, Skanska has announced. According to the press release, the international distribution and logistics provider, Orbico Hungary has signed a long-term lease agreement for 1,253-sqm office space […]
29, mostly elderly, chronic patients died last week (down from 51 in the previous week), bringing the official total number of deaths in this country to 48,658. The number of recovered cases is slightly down (2,137,305) while the number of active infected has fallen to 5,864. There are currently 472 patients with the new coronavirus […]
Natural gas in domestic storage equals to 109.5% of the country’s annual household consumption in 2022. According to the Hungarian Energy and Public Utility Regulatory Authority (MEKH), the Hungarian natural gas storage capacity was 3.98 billion cubic meters on January 18, which is 62.96% of the total capacity. Compared to a year ago, the volume […]
On the occasion of the Day of Hungarian Culture and the 200th anniversary of the birth of the Hungarian national anthem, a ceremony was held on Sunday in the Upper House of Hungarian Parliament and in several municipalities, including some in the territory of historic Hungary. The Day of Hungarian Culture has been celebrated on […]
The Volkswagen brand had a booming year in the Hungarian new car market last year: dealerships sold 10,311 VW passenger cars, 46% more than in the previous year, importer Porsche Hungaria announced. The Wolfsburg brand closed 2022 with a market share of 9.2% in Hungary, ranking third in the brand ranking on the market. Volkswagen […]
The domestic market differs from the global one: while 18,355 new premium cars were sold in Hungary in 2022, an increase of 10.7% compared to the previous year, worldwide luxury car sales decreased by a few per cent. "The premium category is less price-sensitive, and purchasing power in this segment declines much later," executive chairman […]
4,407 people entered Hungary crossing the Ukrainian-Hungarian border this Wednesday, while 5,416 of those entering at the Romanian-Hungarian border crossing declared that they had arrived from Ukraine, the National Police Headquarters (ORFK) said on Saturday. Of those who entered, police issued 155 people with temporary residence permits valid for 30 days. They will have to […]
51, mostly elderly, chronic patients died last week (36 in the previous week), bringing the official total number of deaths in this country to 48,629. The number of recovered cases is slightly up (2,133,974) while the number of active infected has fallen to 8,597. There are currently 727 patients with the new coronavirus infection in […]
Buyers tend to have a wait-and-see approach in the Hungarian real estate market where the number of transactions has fallen by 40-50% in recent months, and demand is falling even more, according to the real estate brokerage network Balla Real Estate. The managing director, Ákos Balla, said in a statement that buyers are uncertain because […]
