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 […]

As of this Monday, the Hungarian Meteorological Service stations will provide data more frequently, every ten minutes, as part of the international data exchange, which will contribute to more reliable forecasts, the organization said on its website. The World Meteorological Organization (WMO) data exchange system provides data from 140 stations every 10 minutes in real […]

Property purchases for investment purposes increased both in the Hungarian capital and in rural areas last December, according to Duna House's own data. In Budapest, investor motivation generated 53% of transactions in December 2022, and 33% in the countryside, an increase of 7 and 4%age points, respectively, compared to the same period in 2021. Investors […]

A statue of Hungarian physician and scientist Ignác Semmelweis has been inaugurated at the Queen Mary University of London Faculty of Medicine and Dentistry. At the ceremony, jointly organized by the university and the Hungarian Embassy in London, Márta Korbonits, Professor of Endocrinology at Queen Mary and Professor Emeritus, Professor of Medicine at Semmelweis University […]

There are currently 727 patients with the new coronavirus infection in hospital in Hungary (almost twice as many as in the previous week), 36 of whom are on ventilators (four times the figure in the previous week), the government's Coronavirus Press Center said on Wednesday. 1,597 new infections were confirmed in the previous week, bringing […]

Two thirds of Hungarians have some form of insurance; the majority have property insurance, mostly for property and motor vehicles, according to a survey by UNIQA Insurance. The summary shows that half of the 18–50-year-olds surveyed online also have life insurance. The majority of graduates have at least three policies, and the proportion of people […]

World record holder swimmer Kristóf Milák among men and hurdler Luca Kozák among women have been elected as the 2022 Hungarian Athletes of the Year by the Hungarian Sports Journalists' Association. The men's national football team won the award in the traditional team category, while the women's fencing team came to be the individual team […]

The popular national event, the Night of Ice Rinks, was held for the seventh time this Saturday across the country. The Hungarian Ice Hockey Association has been organizing the Ice Rink Night since 2016. Everyone can put on skates at the large-scale and popular event. In 2022, the event was held on January 22, arousing […]

5,134 people entered Hungary crossing the Ukrainian-Hungarian border this Wednesday, while 16,861 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 238 people with temporary residence permits valid for 30 days. They will have to […]

51, mostly elderly, chronic patients died last week, bringing the official number of deaths to a total of 48,546 in this country, the Coronavirus Press Center has announced. The number of those who have recovered from the disease in Hungary has decreased to 2,127,121, and that of the active infected has decreased to 13,070. Currently, […]

From now on, Erste Bank customers do not have to leave their four-legged pets at home when they go to the branch of the financial institution to do business. For the time being, dogs are expected in six branches, and Erste will decide on the dog-friendly concept based on the experience of a two-month trial […]

The 100% Hungarian-owned Future FM Facility Management Corporation provides full-ranging facility management services all over the country. Since 1991, their scope of activity has gradually increased in accordance with the changing demand of the market and their customers. As the CEO of the company, Zoltán Mikó explains to Diplomacy&Trade, the facility management market itself is […]