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Machine Tool Industry R&D Project in Budapest

D&T
Jun 2, 2023

DMG Mori Heitec Digital Kft. implements an ambitious R&D project worth over EUR 11.8 million that aims to develop a software platform thanks to which the entire production life cycle of machine tools is placed in the cloud. Over 20% of the investment costs are covered by Hungarian taxpayers according to a Hungarian government decision. […]

More Moderate Growth in the Purchasing Managers' Index

D&T
Jun 1, 2023

The seasonally adjusted Purchasing Managers' Index (PMI) for May was 57.1 points, down from 61.9 points in April. Respondents reported a slowdown in expansion following the previous month's strong growth, the Hungarian Logistics, Purchasing and Stockholding Association (MLBKT) said on Thursday. The newly measured seasonally adjusted BMI index value is the third highest for the […]

Hungarian Peacekeepers Injured in Kosovo

D&T
May 29, 2023

More than 20 Hungarian soldiers were reported to be injured when Hungarian Defense Forces troops, serving in the NATO peacekeeping force, carried out a crowd dispersal operation in the Kosovo town of Zvečan on Monday. According to a social media post by the Hungarian minister of defense, Kristóf Szalay-Bobrovniczky, more than 20 Hungarian soldiers were […]

Over 10,000 People Arrived from Ukraine This Sunday

D&T
May 29, 2023

The flow of refugees from invasion-torn Ukraine continues. On Sunday, 4,017 people entered Hungary at the Ukrainian-Hungarian border, while 6,402 of those entering at the Romanian-Hungarian border said they had come from Ukraine, the National Police Headquarters (ORFK) said. As MTI reported Monday morning, of those who entered, police issued 58 people with temporary residence […]

23rd Gyula Pálinka festival

D&T
May 25, 2023

The Gyula Pálinka Festival, which attracts tens of thousands of visitors every year and features 19 Hungarian commercial distilleries, will be held between May 26 and 28 this year in the southeastern Hungarian town of Gyula. According to Imre Bora, the head of the company organizing the event, the festival has become a cross-border event, […]

Rescue Team and Dog Receive Provident Support

D&T
May 25, 2023

The ÉLETJEL Fire & Rescue Team has received a donation of HUF 1 million from Provident Financial Ltd. The check symbolizing the support was handed over by the company's Guardian Angels at a festive event combined with a round table discussion. The event was attended by one of the association's search dogs, Smile the dachshund […]

One in Five of Domestic Firms Plan to Use AI

D&T
May 24, 2023

15% of companies already use artificial intelligence solutions, and one in five is planning to introduce such software to increase efficiency, according to a survey of 197 companies published by profession.hu on Tuesday. 62% of respondents said they had never used an AI-based solution, while a quarter did not know if they had used one. […]

No Mol Employees Present at the Attack in Pakistan

D&T
May 23, 2023

There were no employees of the Hungarian oil and gas company Mol were present at the company-operated wells in Pakistan where security forces were attacked. Production at the wells has been temporarily shut down by remote access and placed in security mode until the official on-site investigation is completed, Mol told MTI on Tuesday. The […]

Google Extends Flood Warning Platform to Hungary

D&T
May 23, 2023

Google is extending its flood prediction platform to Hungary, the company's press office told MTI on Tuesday. According to the statement, Google has been working for a long time to help tackle the climate crisis through artificial intelligence, and as part of its efforts, it is expanding its flood forecasting capabilities to 80 countries. The […]

Decreasing Sales and Lending in the Real Estate Market

D&T
May 23, 2023

Both the number of sales and the volume of lending in the real estate market declined in the first quarter of this year, and this low market activity is also affecting the supply side of the housing market, Sándor Winkler, head of the National Bank of Hungary (MNB), said at an online press conference. Based […]

Continued Flow of Ukrainian Refugees

D&T
May 22, 2023

On Sunday, 5,543 people entered Hungary at the Ukrainian-Hungarian border, while 7,324 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 Monday morning, of those who entered, police issued 49 people with temporary residence permits valid for 30 days. They […]

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 […]

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