August 26, 2016 Friday
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Aviation industry
| August 24, 2016
Budapest Airport to build new DHL Express baseBudapest Airport and DHL Express have signed a strategic agreement about the development of a new facility for the Deutsche Post DHL Group company in Hungary. This is the second large-scale investment by Budapest Airport and DP DHL.
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Culture
| August 23, 2016
Budapest Opera House to be renovatedThe building of the Hungarian State Opera will be renovated over the two years for approximately HUF 23 billion (that is, currently about EUR 74 million), the public gazette Magyar Közlöny is quoted by the financial website portfolio.hu.
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Olympic Games
| August 22, 2016
Hungary 12th on Olympic medal tableHungarian athletes won eight gold, three silver and four bronze medals at the 31st Summer Olympic Games in Rio de Janeiro, Brazil this August. This tally of medals puts Hungary on 12th place on the medal table of nations.
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Olympic Games
| August 20, 2016
Hungarians paddle to 8th gold in RioHungary has defended the women's kayak-four 500-meter title at the Rio Olympics, bringing the country's gold medal tally at the 2016 Games to eight. Gabriella Szabó, Danuta Kozák, Tamara Csipes and Krisztina Fazekas-Zur defeated Germany to win the race.
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Hungarians abroad
| August 19, 2016
Hungarians send home less moneyHungarians working in foreign countries permanently or temporarily sent home less money last year than in the previous year, the business daily Világgazdaság said on Friday citing World Bank figures. The total transfer was 450 million dollars less than in 2014.
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Quote of the week
The government’s great reform brought about a system that stripped students of the joy of learning and stripped teachers of the joy of teaching. The regime is consciously throwing into poverty an entire new generation. Our patience has run dry. We are here, so as to declare together, that enough is enough. We won’t stand idly by.
- Mrs. Piroska Galló, Head of the Teachers' Trade Union in Hungary
 
Innovation
| August 17, 2016
Hungary moves up in Global Innovation IndexHungary ranks 33rd in the Global Innovation Index (GII) 2016, having advanced two places compared to the 2015 GII, a report by the World Intellectual Property Organisation, a specialised agency of the United Nations, showed on Wednesday.
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Automotive industry
| August 15, 2016
More charging stations for electric vehiclesHungary is changing into higher gear in the field of electromobility as the Ministry for National Economy (NGM) announces a tender offering HUF 1.25 billion of non-refundable grants for establishing charging stations for electric vehicles in the country.
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Corruption
| August 12, 2016
Hungarian youth call corruption a serious problemA recent research by Transparency International Hungary and the Publicus Institute reveals that 80% of young people think that corruption is a serious problem in Hungary, and 77% believe that political life is the most infected with corruption.
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Pharmaceutical industry
| August 10, 2016
A key Richter drug to be used in Western EuropeHungary’s leading pharmaceutical company, Gedeon Richter Plc., has signed an exclusive license agreement with Recordati to commercialize cariprazine, a novel atypical antipsychotic in Western Europe and in Algeria, Tunisia and Turkey.
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Hungarian economy
| August 8, 2016
Ministry calls stagnation of industrial growth temporaryThe Ministry for National Economy expects stagnating industrial output growth to be transitory in Huntary, as both order volume and industrial confidence indices are pointing to further expansion, Minister of State István Lepsényi pointed out.
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Commerce
| August 4, 2016
Hungarian retailers recover from shopping banThe Sunday turnover of the biggest retail chains in Hungary has recovered to the level from before the implementation of the Sunday shopping ban only by now - after about four months, the financial website portfolio.hu reports.
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Healthcare
| August 3, 2016
Wage hikes to slow down healthcare emigrationWage hikes in Hungary’s health-care sector are expected to slow down the emigration of doctors and other staff, the Hungarian news agency MTI quotes the government daily 'Magyar Idők'. The government hopes this move helps keep staff in Hungary.
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Military
| August 2, 2016
Hungarian troops to Kosovo and IraqClose to 500 Hungarian troops to be deployed in foreign missions have been bidden farewell in Tata, NW Hungary: 354 to Kosovo to join the Hungarian KFOR contingent while 139 are going for the third rotation of the Iraqi training mission.
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Automotive industry
| July 29, 2016
Mercedes to build new plant in KecskemétGerman carmaker Mercedes-Benz is building a new plant next to its existing factory in Kecskemét, eas-central Hungary. The capacity of the new plant, built with an investment of EUR 1 billion, will be 150,00 cars a year and the project will create 2,500 new jobs.
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Employment
| July 28, 2016
Labour shortage a grave issue in HungaryHungary's manufacturing industry has been facing a shocking shortage of labour as of Q3 2016, with more than 70% of the companies surveyed reporting that the lack of adequate workforce is a hindrance to production, portfolio.hu reports.
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Immigration
| July 27, 2016
Residency bond scheme deemed suspiciousThe opposition Socialists have called on the government to terminate its scheme granting permanent residency to foreigners buying state bonds as it is disadvantageous for the country's budget and could pose a threat to safety and security.
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Olympic Games
| August 18, 2016
Hungary's Danuta Kozák defended her London Olympic title in the women's single kayak 500-meter event at the 31st Summer Olympic Games in Rio de Janeiro, winning the 7th gold for her country at this Olympics and the 500th Hungarian medal in Olympic history.
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Olympic Games
| August 16, 2016
Gabriella Szabó and Danuta Kozák took the Olympic championship title in the women's kayak double (K2) event in the Rodrigo de Freitas Laguna in Rio de Janeiro this Tuesday. This is the 6th gold medal at the Rio Olympics for Hungary.
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Olympic Games
| August 11, 2016
At the Summer Olympic Games, 26-year-old Hungarian saber fencer Áron Szilágyi defeated Daryl Homer of the United States 15-8 to defend the title he won four years ago in London. His victory is the 5th gold medal for Hungary in Rio.
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Olympic Games
| August 9, 2016
27-year-old Hungarian swimmer Katinka Hosszú won her second gold medal at the Summer Olympic Games by clocking 58.45 second to win the women's 100-meter backstroke event. On Saturday, she won the 400-meter individual medley.
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Olympic Games
| August 6, 2016
Hungary's Emese Szász won the women's individual epée fencing final at the 31st Summer Olympic Games in Rio de Janeiro, while swimmer Katinka Hosszú smashed the world record to win the women's 400-meter individual medley.
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Sports
| August 1, 2016
Three-time Olympic and 31-time world champion Hungarian kayaker Katalin Kovács has announced her retirement. She thanked her coaches, fellow competitors, sports clubs, the kayak and canoe federation and doctors who helped her.
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Tourism
| July 26, 2016
The Budapest city council has invited tenders to operate "hop-on, hop-off" sightseeing buses in the city, the Hungarian news agency MTI reported. The concession is for 20 years and guarantees a monopoly on a market worth 1.5 billion annually.
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Sports
| July 25, 2016
Mercedes driver Lewis Hamilton from Great Britain claimed victory in the 31st Formula One Hungarian Grand Prix at the Hungaroring this Sunday, ahead of team mate Nico Rosberg from Germany and Red Bull’s Australian pilot Daniel Ricciardo.
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