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S IMMO Hungary Renovates Headquarters Lobby

D&T
May 17, 2022

The real estate investment company S IMMO Hungary, which manages the City Center office building that houses its headquarters in Budapest, has decided to renovate the lobby of the building. The highlighting elements of the decoration will be the Finta pencil drawings made during the design of the building. Work is expected to be completed […]

Presence of the Glass Ceiling in Business and Diplomacy

D&T
May 16, 2022

Women's leadership and the physical and mental presence of the glass ceiling in business and diplomacy. That was the topic of panel discussions by successful business leaders and diplomats at the residence of the Dutch ambassador in Budapest this Monday afternoon. Through personal stories and experiences, the panelists reflected on the theme and shared their […]

Over 12,000 People Arrived from Ukraine on Saturday

D&T
May 15, 2022

5,852 people entered Hungary on the Ukrainian-Hungarian border on Saturday, while 6,605 of those entering the country on the Romanian-Hungarian border said they had come from Ukraine, the National Police Headquarters (ORFK) told the state news agency MTI on Sunday. Of those who entered the country, police issued 353 people with temporary residence permits valid […]

Hungarians Don’t Rush to Buy New Phones

D&T
May 8, 2022

Mobile phone manufacturers come out with new handsets every year, but it's as if the developer momentum ran out with no major new features coming with these updates. Older handsets serve the needs of the majority of people so well that even the two-year replacement cycle favored by operators is not widely adhered to. Hungarians […]

MOL Joins IOGP Initiative to Help Ukraine

D&T
May 7, 2022

The Hungarian oil and gas company Mol is showing solidarity with the war-affected Ukrainian energy sector, and is providing equipment to support the continued and safe operation of the energy network, the group said in a statement on Saturday. Mol Group has also joined the initiative of the International Oil and Gas Producers' Association (IOGP) […]

'For Our Europe' Award to the Ukrainian Ambassador

D&T
May 5, 2022

The Foreign Affairs and Security Policy Section of the National Association of Hungarian Journalists (MÚOSZ) has recognized the Ukrainian Ambassador to Hungary, Ljubov Nepop with the ‘For Our Europe’ award. In his laudation at the award ceremony this Thursday, Hungary’s former EU commissioner (2004) and foreign minister (2009-10) Professor Péter Balázs highlighted that Ambassador Ljubov […]

Sales in Retail Shops Up by 16.2% in Hungary

D&T
May 4, 2022

In March 2022, the volume of retail trade in both raw and calendar-adjusted data was 16.2% higher in Hungary than in the same month of the previous year, the country's Central Statistical Office reports. In March, calendar-adjusted sales volumes were essentially unchanged in specialized and non-specialized food shops and rose by 29.7% in non-food retailing […]

New Hungarian Police Unit to Leave for North Macedonia

D&T
May 3, 2022

Another Hungarian police unit will be deployed to North Macedonia for border protection purposes, the communications service of the National Police Headquarters said on Tuesday on police.hu. According to the statement, the Hungarian police officers serving in the 29-member contingent in North Macedonia will carry out their duties with their own equipment, and will exercise […]

Continued Flow of Ukrainian Refugees to Hungary

D&T
May 3, 2022

More than ten thousand people arrived in Hungary from Ukraine on Monday, the National Police Headquarters (ORFK) told the state news agency MTI on Tuesday morning. 4,664 people entered Hungary on the Ukrainian-Hungarian border, while 5,510 of those entering through the Romanian-Hungarian border said they had arrived from Ukraine. Of those who entered, police issued […]

COVID-19: 65 Dead and 2,183 Newly Infected Since Friday

D&T
May 2, 2022

65 patients have died in the past three days in Hungary, bringing the total official number of deaths related to the new coronavirus infection in this country to 46,266, according to the related government information website. Since Friday, 2,183 new cases of coronavirus infection have been confirmed, which means the total number of identified infections […]

Trade Unions Need to Adopt a New Way

D&T
May 1, 2022

Trade unions need to renew themselves, because in the times ahead, they need strong, organized employee interest groups in partnership with political parties, the Hungarian Trade Union Confederation (MASZSZ) said at its traditional Labor Day workers’ gathering (May Day picnic) in Budapest on Sunday. Speaking at the event in Városliget (City Park), recently elected MASZSZ […]

War in Ukraine: Demonstrations in the Hungarian Capital

D&T
Apr 30, 2022

Early afternoon on Saturday, pro-Russian and pro-Ukrainian solidarity demonstrations were organized roughly at the same time in the center of Budapest, not too far from each other. Organized by the Hungarian Ukrainian Cultural Association and the Unity Ukrainian Association, more than a thousand people arrived at Deák Square at 1 pm to protest against the […]

Hungarian Population Continues to Decrease

D&T
Apr 30, 2022

In March 2022, 6,970 children were born and 11,746 people died according to preliminary data published by the Central Statistical Office. In the last twelve months, between April 2021 and March 2022, the number of births diminished by 2.2% and that of deaths by 0.9%, while the number of marriages increased by 5.2% compared to […]

Hungary’s Top Banker Sees Need for Severe Austerity Measures

D&T
Apr 29, 2022

Sándor Csányi, chairman of Hungary’s largest commercial bank OTP, warned that the Hungary needs a budget adjustment of up to HUF 1,700 billion. The war in the Ukraine, international energy prices and the outcome of Hungary’s standoff with the European Union will decide the exact extent and nature of the budget adjustment, according to Csányi. […]

Rule of Law Mechanism Formally Started Against Hungary

D&T
Apr 27, 2022

The European Commission on Wednesday initiated against Hungary a never-before-used procedure, the rule of law mechanism, that could see the Hungarian government stripped of funding for flouting democratic standards. As the Hungarian state news agency MTI reports, Johannes Hahn, the EU Commissioner for Budget and Administration, was authorized to send a written notification to Hungary […]

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