July 27, 2017 Thursday
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Military
| July 26, 2017
Hungarian government to reinforce the army“It is the Government’s decided goal to reinforce the Hungarian Defence Force, which guarantees Hungary’s security”, the Minister of Defence István Simicskó said at an event to mark the major refurbishment of the army’s fleet of Mi-17 transport helicopters.
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Hospitality
| July 25, 2017
Özyer Group - Marriott deal in BudapestÖzyer Group has announced that it signed an agreement with Marriott International to launch the acclaimed Luxury Collection brand in Hungary with Matild Palace, a Luxury Collection Hotel expected to open in Budapest in early 2019.
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Budapest
| July 25, 2017
Ljubljana Square inaugurated in BudapestAs of this Tuesday, an area in Budapest's 11th district is called Ljubljana Square. The inauguration ceremony was attended by the Mayor of Budapest, István Tarlós; Slovenian Ambassador Ksenija ©krilec and the Mayor of Ljubljana, Zoran Janković.
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Commerce
| July 25, 2017
Retail sales growth trend continuesAccording to a report by the Hungarian Ministry for National Economy, the volume of retail sales grew dynamically, by 6% year-on-year, in the month of May 2017. Thus, the sector has been expanding for 47 months in a row.
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Aviation industry
| July 24, 2017
EBRD in financial restructuring of Budapest airportThe European Bank for Reconstruction and Development (EBRD) is taking part in a financial restructuring of Budapest Airport Co. Ltd. with the aim to attract greater international investment and improve the airport’s operational performance.
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Telecommunications
| July 24, 2017
Invitel Telecom to be purchased by DigiRomanian telecom operator Digi Communications is to buy Invitel Telecommunications Co. Ltd., one of the key operators on Hungary’s telecom market, for EUR 140 million. The transaction will be carried out through Digi’s Hungarian subsidiary.
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Finance
| July 24, 2017
Corporate bank cards increase in numberThe market for business bank cards in Hungary has grown steadily over the last two years, according to statistical figures published by the National Bank of Hungary. It is while the total market has virtually stagnated according to the number of units.
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Automotive industry
| July 21, 2017
Sicta expands in HungaryThe French automotive supplier specializing in metal foundry Sicta is on a roll implementing an about EUR 11 million project in Felsőzsolca, NE Hungary. The expansion, subsidized by the Hungarian government with an undisclosed amount, is to create 115 new jobs.
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Food industry
| July 21, 2017
For a greener worldThe latest sustainability report by HEINEKEN Hungária says the company has recycled 98% of the generated waste and 22% of its energy consumption from renewable sources and has reduced its specific water consumption by 13.8% since 2008.
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Chemical Industry
| July 20, 2017
MOL buys polyol licenseHalf a year after the announcement of its 2030 strategy, Hungary's MOL Group has signed license agreements signed with Evonik and thyssenkrupp that will enable MOL to produce propylene oxide, a key component for the production of polyether polyols.
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Hungarian economy
| July 20, 2017
Govn't continues payment terminal program In order to spread modern electronic payment methods, the government has decided to support the deployment of another 30,000 bank card acceptance points, State Secretary in the Ministry of National Development Ágnes Hornung has announced.
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Motion picture
| July 20, 2017
Tarantino's idolItalian actor Franco Nero has a very impressive list of movies (over 200) to his belt. Coming up from time to time in that list is the name ‘Django’. He has talked to Diplomacy&Trade in an exclusive interview at a recent visit to Budapest.
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Public transport
| July 19, 2017
Trains in Hungary halted due to bomb threatDue a bomb threat, police examine all international trains in Hungary on Wednesday - the National Police Force said on its website. An unknown man made a phone call announcing that a bomb was placed on international trains on the Hungarian rail network.
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Pharmaceutical industry
| July 19, 2017
Hungarian drug greenlighted for the EUThe Hungarian pharmaceutical company Gedeon Richter Plc. has announced that the European Commission has granted marketing authorization to Reagila (cariprazine) a novel antipsychotic for the treatment of schizophrenia in adult patients.
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Int'l relations
| July 19, 2017
V4 PMs meet with Israeli Premier in BudapestFollowing talks with the premiers of the V4 countries in Budapest on Wednesday, Israeli Prime Minister Benjamin Netanyahu said that cooperation with Israel in the fight against terrorism and in innovation is in the interest of Europe and the Visegrád countries.
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Hospitality
| July 18, 2017
Four Seasons Budapest the Top European City HotelThe Four Seasons Hotel Gresham Palace in Budapest has been chosen as the Top European City Hotel by the tourism size travelandleaisure.com. It finished ahead of two hotels in the Bristsih capital, London: Hotel 41 and the Milestone Hotel.
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Ambassadors in Budapest
| July 18, 2017
Outgoing Slovenian Ambassador received by ministerMinister of Agriculture Sándor Fazekas received Slovenian ambassador Ksenija ©krilec and thanked her for her work as head of the Slovenian mission since the autumn of 2013 and praised the recent successful cooperation between the two countries.
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Sustainability
| July 18, 2017
Prize 'For a sustainable future'The Business Council for Sustainable Development in Hungary (BCSDH) s establishing a ‘For a Sustainable Future’ prize with the purpose of recognizing and disseminating to a wide audience the activities of leaders and companies in the field of sustainability.
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Public service
| July 17, 2017
Public service warning strike in HungaryMore than 5,000 local government employees took part in the twp-hour warning strike organized by the Trade Union of Hungarian Civil Servants and Public Employees (MKKSZ) Monday morning in order to accentuate demands of wage increase.
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Hungarian economy
| July 17, 2017
GE Hungary to join government supplier programGeneral Electric Hungary has joined the Hungarian government's supplier program that is aimed at increasing the share of Hungarian companies taking part in the development and production of high value added products and services.
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Int'l relations
| July 17, 2017
Israeli PM visits HungaryIsraeli Prime Minister Benjamin Netanjahu has arrived to Budapest for a four-day official visit during which he is scheduled to meet with his Hungarian counterpart Viktor Orbán, Hungarian Presdient János Áder and other officials.
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Sports
| July 14, 2017
World Acquatics Championships opens in BudapestThe 17th FINA World Acquatics Championships that takes place in Budapest in the next two weeks was declared open Friday night by Hungarian President János Áder. The opening ceremony took place on a stage built on the river Danube.
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Award
| July 14, 2017
Hungarian researcher wins British economics prize27-year-old Hungarian researcher Gergely Raccuja, living in Britain since 2011, has won the most prestigious British economics prize, the Wolfson Economics Prize, which the second largest recognition in economics in the world after the Nobel Prize,
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Toy industry
| July 14, 2017
Lego's Hungarian subsidiary doing wellLego Manufacturing Kft., the Hungarian subsidiary of the Danish LEGO group increased its net sales by 11% and its profits by 13% last year, the company told the Hungarian news agency MTI. In 2016, the Group closed its best year in its 85-year history.
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Diplomacy
| July 13, 2017
New diplomatic license plates in HungaryLicense plates for diplomats in Hungary have changed. What used to be a format of the letters DT plus four numbers is now of the letters CD plus six numbers. The first three numbers indicate the country and the second three numbers the status of the user of the car.
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Food industry
| July 13, 2017
New pasta plant opened in HungaryBalogh Tészta Co. Ltd, one of the biggest pasta makers in Hungary, inaugurated its new plant in Tiszakécske in the presence of PM Viktor Orbán. The new plant, built with EU support, has the initial output capacity of 2,250 kilograms per hour.
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Art treasure
| July 12, 2017
Further Seuso treasure pieces brought backThe Hungarian Government has acquired and repatriated the final seven pieces of the 'Seuso-treasure', a unique, priceless, ancient Roman silver treasure. The announcement was made in the Hunting Room of Hungarian Parliament in Budapest.
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Hungarian economy
| July 12, 2017
Industrial sector output on the riseIn May 2017 and in the initial five months of 2017, the industrial sector posted output growth of 8.8% and 5.7%, respectively, compared to the corresponding period of the previous year. Thus, Hungarian data have beaten corresponding EU averages.
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Agrarian industry
| July 12, 2017
Hungarian animals flown to QatarA special livestock shipment set out from Budapest Airport this Wednesday: Hungarian breeding calves were flown to Qatar for further breeding. The special charter-charter flight was completed by a Boeing B-777F aircraft from Qatar Airways Cargo.
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Exhibition
| July 11, 2017
25 years of sziget - on photosA photo exhibition opened at the 25th anniversary of the Sziget Festival at the Robert Capa Contemporary Photography Center in Budapest this Tuesday. The exhibition "Sziget 25 - Festival History in Photos" is open until August 31.
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Int'l relations
| July 11, 2017
Liberalism and progressive attitude“There are positive relations between Malta and Hungary, and we intend to progress these relations through maintaining an open dialogue between the nations," the Prime Minister of the Mediterranean island country, Joseph Muscat tells Diplomacy&Trade.
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Commerce
| July 11, 2017
New exhibition bakery in BudapestFornetti has opened its FFB (Fornetti Food and Beverage) exhibition bakery at rhe Octogon in Budapest. The new store has a self-service system and will be an important part of international expansion in the future, the daily Világgazdaság writes.
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Weather
| July 10, 2017
Scorching heat hits HungaryTemperature reached 35 degrees Celsius (95 degrees on the Fahrenheit scale) in Budapest this Monday afternoon, followed by a severe storm late at night. Southeast Hungary experienced even higher temperature: 38 degrees Celsius (101 degrees F).
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Regional cooperation
| July 10, 2017
V4 foreign ministers in BudapestBudapest hosted the first meeting of foreign ministers of the new V4 Hungarian presidency this Monday. The meeting of the Czech Republic, Hungary, Poland and Slovakia was joined by the representatives of Austria, Slovenia and Croatia.
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Airline industry
| July 7, 2017
Direct Hungary-USA flights announcedLOT Polish Airlines has announced to create a direct air link between Budapest and the United States as of next May. Flights four times a week to New York City JFK and twice a week to Chicago O'Hare airports will commence in May 2018.
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Trade
| July 7, 2017
Improving Hungarian trade figuresHungary's trade surplus was EUR 913 million in May this year, up 170 million euros from the same month a year earlier. That is according to the latest figures published by the Central Statistical Office and quoted by the Hungarian news agency MTI.
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Human rights
| July 6, 2017
Embassies support Budapest Pride march36 embassies and the British Council in the Hungarian capital have issued a joint statement in support of the Budapest Pride march, rallying behind "LGBTQ communities in Hungary and their right to express themselves peacefully and lawfully."
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Financial markets
| July 6, 2017
Trading of Waberer's shares launched in BudapestTrading of Waberer's shares were launched at the Budapest Stock Exchange with a ceremonial ring of the bell this Thursday morning. The ceremony was attended by the representatives of Waberer's, of the Stock Exchange and other officials.
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Regional cooperation
| July 6, 2017
Three Seas Summit of CEE statesHeads of state from across Central Europe convened in the Polish capital, Warsaw to address how to drive forward regional infrastructure projects.The Three Seas Summitinvolves nations situated between the Baltic, Adriatic and Black Seas.
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Renewable energy
| July 5, 2017
Solar panels for a Budapest hospitalThrough an energy renovation project of close to HUF 130 million (appr. EUR 420,000), the Margit Hospital in Budapest was fitted with solar panels. As a result, substantial part of the energy need of the institution will be received from renewable source.
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Ambassadors in Budapest
| July 4, 2017
Good neighbors with common past“Austrians and Hungarians living in this region have had a close relationship and shared good and bad times for centuries the Ambassador of Austria to Hungary, Elisabeth Ellison-Kramer tells the recent Austrian Focus of Diplomacy&Trade.
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Regional cooperation
| July 4, 2017
Visegrád Four PM summit in BudapestOn the oocasion of Hungary's Presidency of the V4 Group, the prime ministers of the four countries (Beata Szydlo of Poland, Robert Fico of Slovakia, Viktor Orbán of Hungary and Bohuslav Sobotka of the Czech Republic) held a meeting in Budapest this Tuesday.
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National day
| July 3, 2017
US Embassy celebrates the 4th of JulyChargé d’Affaires of the U.S. Embassy in Hungary, David J. Kostelancik has welcomed fellow diplomats and hundreds of other guests at the Official Independence Day Celebration in this country at the Ambassador's residence in the Buda Hills.
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Airline industry
| July 3, 2017
TAP relaunches Lisbon-Budapest flightTAP Portuguese airlines has relaunched its air connection (seven times over six days a week) between the Poruguese and Hungarian capitals. It takes 3.5 hours for the airline's Airbus A319 aircraft to fly the 2,478 kilometers between the two cities.
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Budapest
| June 30, 2017
Multimedia fountain on Margaret IslandA multimedia fountain and Budapest's first 'light garden' were inaugurated on Margaret Isalnd on the river Danube this Friday. The municipal council voted earlier this month to enhance the light and water show elements of the musical fountain.
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Concert
| June 29, 2017
V4 Presidency concertThe Polish duo of Anna Maria Staskiewicz - Bartosz Koziak playing in the Budapest Music Center on Thursday evening at a concert held on the occasion of Hungary taking over the presidency of the Visegrád Four (V4) Group from Poland.
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History
| June 28, 2017
Hungarian-Polish statue unveiledA monument commemorating the cooperation of Poland's Henryk Slawik and József Antall Sr, the father of the late Hungarian premier József Antall, who cooperated protecting Polish refugees in Hungary in World War II, has been unveiled in Budapest.
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Exhibition
| June 27, 2017
Aeropark reopens at Budapest AirportThe open-air museum Aeropark, expanded and relocated within the territorry of Budapest Airport, has re-opened to the public. It presents a unique collection of aeroplanes from the history of Hungarian civilian aviation.
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Economy
| June 26, 2017
OECD forum in BudapestThe 3rd Global Forum on Productivity organized by the Organization for Economic Cooperation and Development fostering international co-operation between public bodies and promoting productivity-enhancing policies has opened in Budapest.
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Festival
| June 26, 2017
Indian cultural festival in HungaryThe Embassy of India organized the 2nd edition of ‘Ganga-Danube: Cultural Festival of India’ and 3rd International Day of Yoga in 15 cities and towns in Hungary this past week-end. All programs were open to the public, free of charge.
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Aerospace industry
| June 23, 2017
Diehl Aircabin investment in Hungary  German aviation industry supplier Diehl Aircabin is expanding its existing capacities in Nyírbátor, NE Hungary with an investment of EUR 120 million (appr. HUF 37 billion). the Hungarian government is providing HUF 1.38 billion in funding.
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Weather
| June 22, 2017
Heat alert in HungaryA second-degree heat alert has been issued for Hungary by Deputy State Secretary Tamás Szentes, who also acts as Chief Medical Officer.The waring is effective to midnight next Monday based on a forecast by the National Meteorological Service.
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energy industry
| June 21, 2017
New Siemens turbine blade plant expansion Siemens expanding its gas and steam turbine blade plant at its Power and Gas plant facility in Budapest with an investment of EUR 32.5 million (some HUF 10 billion). The expansion is planned to create 150 new jobs for technicians.
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Commerce
| June 20, 2017
Hungary's e-tail sector shifts into higher gearHungary’s online retail trade closed an excellent year in 2016. According to a report by eNET, Hungarian webshops generated HUF 427 billion (about EUR 1.39 billion) in turnover, more than 5% of the total national retail trade volume.
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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
 
Diplomacy
| June 19, 2017
Hungary takes over V4 presidencyThis Monday, following a meeting between the prime ministers of the Visegrád (V4) Group and those of the BeNeLux countries in the Polish capital, Warsaw, Poland officially handed over the presidency of the V4 group to Hungary.
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World affairs
| June 15, 2017
Russian hybrid warfare in Ukraine unacceptable'Threats and Challenges of Hybrid Warfare for European Security' was the title of a panel discussion at the National University of Public Service in Budapest this Thursday, opened by the American Chargé d’Affaires and the Ukrainian Ambassador.
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energy industry
| June 14, 2017
GE Veresegyház plant increases efficiencyGeneral Electric is on its way to transform from a traditional industrial company (manufacturing machines and equipment) to a digital industrial company. Its Veresegyház factory enhances its production efficiency using its own digital technologies.
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Domestic issues
| June 13, 2017
Governing parties pass controversial NGO billThis Tuesday, the Hungarian governing party Fidesz and its smalll satellite partner KDNP passed passed a law requiring civil groups receiving foreign donations above a certain threshold to register as organisations funded from abroad.
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Lighting industry
| June 12, 2017
General Electric to sell some Hungarian unitsGeneral Electric (GE) has confirmed that it has started talks on the sale of its lighting branch. According to the company, the sale will affect most of the lighting division's plants in Hungary and about half of the local workers.
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Ambassadors in Budapest
| May 16, 2017
Interests and valuesOn the occasion of Canada marking the 150th anniversary of its Confederation, the Ambassador of the North American country to Hungary, Isabelle Poupart gave a extensive interview to the May issue of Diplomacy&Trade.
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Packaging industry
| May 12, 2017
Plastic film manufacturing base developedHungary’s leading plastic film manufacturing base, Material-Plastik, a family-owned company, begins a project worth EUR 10 million, a new 6,000-square-meter factory hall is established and the existing fleet of machinery is also developed.
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Education
| May 5, 2017
Canada concerned with Hungary’s education law“Canada is seriously concerned by amendments that stand to endanger academic freedom in Hungary and the operations of the Central European University [CEU]," according to a statement by Canada's ambassador to Hungary, Isabelle Poupart.
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Consultancy
| April 18, 2017
TCS expanding capacities in HungaryIndia’s largest IT company, Tata Consultancy Services (TCS) is expanding its capacities in Budapest's 11th districvt by opening a new service center with 500 new employees and five thousand square meters of new office space.
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Hungary vs. EU
| April 12, 2017
EC to examine Hungarian gov'nt policiesThe European Commission (EC) is to examine whether the recently enacted amendment to the Hungarian higher education law complies with the fundamental values of the European Union. The EC will also look into policies directed against the EU.
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Automotive industry
| April 10, 2017
Apollo Tyres Hungarian plant inauguratedApollo Tyres Chairman Onkar S Kanwar and Hungarian Prime Minister Viktor Orbán inaugurated Apollo Tyres' 6th global tire manufacturing unit in Gyöngyöshalász, east of Budapest, which is the first greenfield investment of the company outside of India.
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Automotive industry
| April 6, 2017
New gear manufacturing facility to be built in GyőrThe American automotive parts producer Dana Incorporated broke ground on its new European gear manufacturing facility in Győr, NW Hungary to support new business in the region. Production is planned to start in 2018.
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Information technology
| April 3, 2017
IBM development center opens in BudapestThe American multinational technology company IBM has announced the opening of an IBM Budapest Lab dedicated to developing new technologies for IBM Cloud Video to support the increasing demand for streaming video technology.
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energy industry
| March 31, 2017
New biomass power plant to be built in HungaryThe foundation stone for Hungrana Ltd.’s latest biomass power plant has been laid in Szabadegyháza, this Friday. Hungrana’s existing biomass power plant burns 60,000 tons of hay and 12-15,000 tons of sunflower husk pellets annually.
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Bilateral relations
| March 30, 2017
Austrian-Hungarian cross-border projectA concept regarding an Austrian-Hungarian cross-border railway network and road infrastructure development has been presented in Parndorf in Burgenland, the Austrian province bordering on Hungary. Six new road transport routes will also be built.
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Automotive industry
| March 24, 2017
ZF expansion with government cash supportZF, one of the largest automotive suppliers worldwide, and strategic partner of the Hungarian Government, has announced that its Car Powertrain Division invests nearly EUR 100 million in its Eger location (east of Budapest), creating 770 new job until 2019.
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Banking
| March 20, 2017
EBRD-Hungary working groupThe European Bank for Reconstruction and Development (EBRD) and the Hungarian authorities have agreed to set up a working group to analyse the impact on the banking sector of the recent amendment of the Judicial Enforcement Act.
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Pharmaceutical industry
| March 16, 2017
GSK to launch new development in HungaryGlaxoSmithKline (GSK) is launching a development worth EUR 57 million in its Gödöllő plant. Upon completion of the investment, the plant will have expanded activity, producing diphtheria and tetanus vaccine (DT and TT) components for new areas of use.
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President
| March 13, 2017
Hungarian President re-elected by governing parties The Hungarian governing parties - that is, Fidesz and the small KDNP - re-elected János Áder, a former high-ranking official at Fidesz, as Hungarian President. None of the opposition members of parliament endorsed János Áder's candidacy.
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Environment
Source: press release | March 9, 2017
Zero waste home idea to be presented in BudapestEnvironmental blogger and bestselling author (‘Zero waste home’), Bea Johnson presents her show in Budapest on March 22. Hungarian green associations, municipal companies and authentic public persons will make the event even more colorful.
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Aerospace industry
| March 1, 2017
RUAG expands with new division in HungaryRUAG Aerostructures, a major player in the aerospace industry, opened its new factory in Eger, NE Hungary. It is the Switzerland-based aircraft section producers third plant to complement the ones in Germany and Switzerland.
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Foreign relations
| February 24, 2017
American Embassy responds to NBH PresidentAccusations by Hungarian National Bank governor György Matolcsy to blame a "major NATO ally" trying to topple the Hungarian government and the central bank in 2014 lacked credibility, the spokesman for the US Embassy in Budapest said.
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Automotive industry
| February 21, 2017
Spanish company expands business in SzolnokThe Spanish Segura Group invests over EUR 17 million to expand its automotive bodywork and engine metal component factory in Szolnok, Eastern Hungary and plans to create an additional one hundred jobs there. The Group has been operating in Szolnok since 2005.
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Agrarian industry
| February 17, 2017
US company further develops Hungarian unitWithin the framework of a EUR 7.4 million project, the company GSI - a global leader in the grain and protein solutions - will purchase modern machinery and equipment and plans to double its current staff in the coming years.
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Government
| February 10, 2017
Hungarian PM envisions new attacks in 2017In his annual 'state of the nation' speech, delivered traditionally in front of his followers, Hungarian Prime Minister Viktor Orbán said Hungary’s main task in 2017 would be fending off five major “attacks” against the country.
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Ambassadors in Budapest
Sándor Laczkó | February 9, 2017
Enhancing long-time relations“We have strong and long term cultural relations but they can always be improved,” the Portuguese Ambassador to Hungary, Maria José Morais Pires tells a recent edition of Diplomacy&Trade in the section on Portuguese-Hungarian relations.
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Real estate
| February 7, 2017
Real estate indices are up in HungaryIn January 2017, the Budapest and the Hungarian real estate market indices of GKI-MGYOSZ stood at +4 and +2 points respectively. The index figure in Budapest was slightly up (within the error margin), while the national index has increased 3 points.
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Migration
| February 6, 2017
Hungarian police to Serbia and MacedoniaHungary is sending new contingents of police to Serbia and Macedonia. This is the tenth time that Hungary is sending police units to Macedonia, and the fourth time to Serbia. So far, 385 Hungarian police officers have served along the Balkan migration route.
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Int'l relations
| February 2, 2017
Russian President Putin received in HungaryRussian President Vladimir Putin paid a short visit to Budapest on Thursday. He was welcomed by Hungarian PM Viktor Orbán. According to Hungarian officials, talks largely focused on trade, Russian gas shipments and building a nuclear power station in Hungary.
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Agreement
| January 27, 2017
Hungarian-Spanish development agreementThe Hungarian Development Center (MFK) has signed a representative partnership agreement with the Spanish project development company Inspiralia in the Spanish capital, Madrid in order to cooperate in European Union tenders.
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Agreement
| January 23, 2017
Bank of China signs agreements in HungaryChina’s biggest commercial bank, the Bank of China (BoC) have concluded a number of cooperation agreements with Hungarian partners in Budapest. Bank of China's Chairman has announced the issuing of a yuan debit card in Hungary.
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Accident
| January 21, 2017
Hungarian students die in Italy bus accident16 people, most of them grammar school students from Budapest, have died in a bus accident on the motorway near Verona, Italy Friday night. The bus first hit the motorway barrier and crashed into the pillar of a flyover, followed by a fire on board.
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Telecommunications
| January 10, 2017
Magyar Telekom sells Montenegrin unitHungarian telecoms group Magyar Telekom has signed an agreement with Hrvatski Telekom d.d. for the sale of its majority (76.53%) stake in Crnogorski Telekom A.D. Podgorica. The value of the package is about HUF 38 billion (some EUR 123.5).
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Award
| January 4, 2017
Pharma boss Man of the YearErik Bogsch, the CEO of the Hungarian pharmaceutical giant Gedeon Richter, has been chosen as the 2016 'Man of the Year' in Hungary by the business weekly Figyelő that recognizes positive examples to be followed morally and financially.
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Ambassadors in Budapest
| January 3, 2017
Binding ties with Hungary“Japan and Hungary are important partners in the international community, and we have been contributing to the resolution of regional and international issues," Japanese Ambassador Junichi Kosuge tells a recent issue of Diplomacy&Trade.
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Banking
| December 21, 2016
Hungary's OTP buys bank in CroatiaOTP Bank Plc. has announced that its Croatian subsidiary OTP banka Hrvatska, signed an acquisition agreement on purchasing 100% shareholding of Splitska Banka, member of Société Générale Group, portfolio.hu reports.

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Tourism
| December 16, 2016
Dubai Tourism Bureau opens Budapest officeThe Dubai Tourism Bureau has officially opened its Budapest office. The emirate sees significant potential in Hungary and therefore would like to achieve notable growth in the number of Hungarian tourists visiting Dubai.
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Insurance
| November 10, 2016
New business continuity services offered in HungaryAs the risk environment for companies is changing, the insurance firm Allianz Hungária, in close cooperation with AON Hungary in the field of risk analysis, and the IT systems firm Duna Elektronika, jointly provide expert help in case of an unexpected disaster.
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Health
Réka A. Francisck | November 9, 2016
The Smile is the ResultEven though it is one of the city’s newest dental clinics, Helvetic Clinics Budapest already has an excellent reputation. Through recommendations of satisfied clients, it has quickly developed a high-profile clientele seeking exceptional dental care.
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Aerospace industry
| October 25, 2016
Lufthansa Technik opens engineering services centerLufthansa Technik AG, Germany’s leading aircraft maintenance and engineering company has opened a new Aircraft Engineering Services Center at Budapest Airport. The new center will focus its activities around the Boeing 737 aircraft.
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Automotive industry
| October 19, 2016
German carmakers feel Hungarian labor shortageExecutives of German carmakers Audi and Daimler complained about labour shortage in Hungary this Wednesday, adding that efforts to improve worker mobility and local infrastructure were needed, the financial website portfolio.hu reports.
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Transport industry
| October 14, 2016
Electric buses to be manufactured in HungaryChinese automobile manufacturer BYD is establishing Europe’s first electric bus factory in Komárom, NW Hungary with an investment of HUF 6.2 billion forints (EUR 20 mn). Production is expected to already begin early next year.
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Hospitality
| September 14, 2016
Kempinski Hotel Corvinus Hungary’s Leading Business HotelKempinski Hotel Corvinus has been voted Hungary’s Leading Business Hotel by World Travel Awards - a global recognition by the travel, tourism and hospitality industry as the definitive acknowledgement of excellence -, for the third time.
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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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Festival
| June 16, 2017
To further strenghten the bonds of bilateral cultural relations between India and Hungary, Embassy of India is organizing the cultural festival 2nd Ganges-Danube: Cultural Festival of India on June 24 and 25, 2017 in fourteen cities of Hungary.
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Society
| June 9, 2017
Hungary ranks above the average in work-life balance and education and skills in OECD's Better Life Index but below average in social connections, civic engagement, environmental quality, income and wealth, housing and many other issues.
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Diplomacy
| May 31, 2017
At the invitation of Anita Herczegh, the wife of Hungarian President János Áder, a group of members of the Diplomatic Spouses Budapest (DSB), took part in a journey to the western Hungarian towns of Tapolca and Keszthely.
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Education
| May 30, 2017
CEU President Michael Ignatieff has announced that the university will continue in Budapest in the 2017-2018 academic year. The announcement comes as the future of CEU is uncertain due to legislation put through parliament by the Hungarian government.
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Science
| May 26, 2017
The European Union's ELI-ALPS laser research center was inaugurated in Szeged, SE Hungary. The center's budget was HUF 70 billion (EUR 22.6 million), from which 85% was provided by the European Union’s Regional Development Fund.
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Science
| May 9, 2017
The President of the Hungarian Academy of Sciences, László Lovász, has been re-elected for another three-year term at the 188th assembly of the organization. The Academy expressed support for the Central European University.
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Award
| May 3, 2017
Hungary's five-time Olympic gold medallist Agnes Keleti received the Israel Prize for Sport and Physical Culture, the state’s highest honor, on May 2 in Jerusalem. The 96-year-old Olympic legend is considered as the founder of gymnastics in Israel.
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Adventure
| May 2, 2017
Zoltán Keszy-Harmath and his wife, Ágnes set out from Hungary on May 1 in their Hungarian manufactured Apollo Fox small light aircraft with the aim of becoming the first married couple who circumnavigate the Earth on airplane.
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Tourism
| April 28, 2017
The number of tourists coming to Hungary has been growing in the past decades, due to affordable accommodation possibilities, low-cost flights, and the many tourist attractions. Budapest remains the leading destination.
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Marketing
| April 24, 2017
The 2016 BalatonBor (BalatonWine) show in Budapest went far beyond the wines and the usual tasting, it emphasized the importance of regional marketing. The food fitting the vintages were made by the staff of Costes Downtown restaurant.
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Sports
| April 20, 2017
It is for the 13th year that a national series of tennis tournaments for businesspeople takes place in Hungary. The Manager Open series starts in the northwestern city of Győr. It will be followed by eight more regional events and the final in Budapest.
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Commemoration
| April 16, 2017
Thousands of people participated in the 'March of the Living', commemorating the victims of the Holocaust in Budapest this Sunday afternoon, remembering the 550,000 Hungarian Jews who died during the Holocaust.
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Protest
| April 4, 2017
The Hungarian governing parties have passed an amendment to the law on higher education, a legislation that is widely considered to target one institution in particular, the Central European University (CEU) in Budapest.
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Foreign relations
| March 29, 2017
The Chargé d’Affaires of the U.S. Embassy in Budapest, David Kostelancik has issued a statement, saying that his country is very concerned about the legislation pthat would severely impact the operations of the Central European University in Budapest.
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Science
| March 27, 2017
This year’s Ignaz Lieben Award of the Austrian Academy of Sciences has been given to Hungarian physicist Illés Farkas, a researcher from the Statistical and Biological Physics Group of the Hungarian Academy of Sciences in Budapest.
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Water
| March 22, 2017
The reservoir in Budapest's 10th disctrict was opened to the public this Wednesday as March 22 is World Water Day (as declared by the United Nations in 1993). This reservoir is an important source of drinking water people in the Hungarian capital.
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Ambassadors in Budapest
Maria José Morais Pires | March 21, 2017
In the Diplomacy&Trade series WittyLeaks, whihc presents the private expoeriences of ambassadors accredited to Budapest, the Portuguese ambassador's recent article forcused on diverse connections between Portugal and Hungary.
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Interview
Réka A. Francisck | March 7, 2017
Dutchman Rick Enders, General Manager of Budapest Marriott Hotel & Millennium Court, Marriott Executive Apartments is more concerned about the human factor than the tides. Diplomacy&Trade has recently published an interview with him.
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Literature
| March 3, 2017
In order to commemorate the 200th birth anniversary of Hungarian poet János Arany (born March 2, 1817), the National Bank of Hungary issued gold and silver medallions. The presentation too place in the Sándor Palace in the Buda Castle.
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Advertorial
| March 2, 2017
A startup initiative of young Hungarian professionals enters the local market of laundry products and detergents. At first, the 100% Hungarian products will be sold in TESCO stores, then, according to plans, they will also be available in other retails chains.
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Motion picture
| February 27, 2017
The Hungarian production 'Mindenki' (literal translation: 'Everyone') has won the Academy Award in the Best Short Film Live Action category. The recognition comes after last year's success of the 'Son of Saul' in the Best Foreign Language Film category.
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Olympic Games
| February 22, 2017
The Hungarian government suggests that the Budapest City Council and the Hungarian Olympic Committee withdraw from the bid to host the 2024 Summer Games. Over quarter of a million signatures were collected to force a referendum on the issue.
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Charity
| February 20, 2017
The Hungarian Cricket Association is running a friendly (softball) tournament on March 4 in Budapest to raise funds for Csodalámpa Alapítvány, a foundation that has been operating for more than 14 years, fulfilling the dreams of over 3,000 seriously ill children so far.
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Charity
| February 15, 2017
Swedish sports restaurant chain O'Learys launches is a program to help provide school meals to vulnerable children in Ethiopia and DR Congo. The first special hamburger is named after the legendary Hungarian footballer Ferenc Puskás.
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Emergency
| February 13, 2017
The night watchman trapped on board of a ferry swept away some 500 meters to the middle of the Tisza river by ice-floes at the village of Tiszacsege, eastern Hungary, was airlifted to safety this Monday by a military helicopter.
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Sports
| February 8, 2017
Hungarian skipper Nándor Fa finished 8th with his 'Spirit of Hungary' boat in the Vendée Globe round-the-world solo yacht race, arriving in Les Sables-d'Olonne, France with a time of 93 days, 22 hours, 52 minutes and 9 seconds.
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Photography
| January 31, 2017
The National Federation of Hungarian Journalists (MÚOSZ) has announced the winners of its 35th annual photo contest in Budapest. The international jury had to select the best of 6,259 entries submitted by 234 photographers.
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Sports
| January 30, 2017
16-year-old Hungarian Zsombor Piros came from a set down to capture his first junior Grand Slam title, fighting from a set down to defeat Israeli Yshai Oliel 4-6 6-4 6-3 in the Australian Open tennis tournament in Melbourne.
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Award
| January 19, 2017
The southern Hungarian city of Pécs has been chosen as one of the 16 recepients of the UNESCO Learning City Award 2017 and thus to become the first Hungarian city to receive this recognition, the international organization has announced.
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Ambassadors in Budapest
| January 17, 2017
The departing US Ambassador to Hungary, Colleen Bell received the Middle Cross of the Order of Merit of the Republic of Hungary awarded to her by President János Áder for her work in the interest of developing bilateral relations.
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Sports
| January 16, 2017
Hungary's Sándor Shaolin Liu won the 1,000-meter event at the European Short Track Championship in Torino, Italy. He also finished second at the 3,000-meter superfinal while other members of the Hungarian team won another five silver medals.
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Sports
| January 12, 2017
Three-time Rio Olympics champion swimmer Katinka Hosszú and saber fencer Áron Szilágyi, also an Olympic champion in Rio de Janeiro last year have been elected Hungary’s 'Athletes of the Year 2016' by the country’s sports journalists.
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Weather
| January 9, 2017
Minus 28.1 degrees Celsius (that is, minus 18.58 degrees Fahrenheit) was measured at dawn in the village of Tésa - a new cold record. The previous one, minus 26.5 degrees Celsius was measured 32 years ago in nearby Romhány.
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Popular science
| January 2, 2017
According to an internet survey conducted by the Hungarian Ornithological and Nature Conservation Society (MME), the Bird of the Year in Hungary in 2017 is the European Goldfinch (scientific name: Carduelis carduelis).
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Food industry
| October 12, 2016
Nestlé Hungária organized a conference in Budapest at the 25th anniversary of its establishment and the 150th anniversary of the founding of Nestlé. Nestlé’s investments in Hungary total more than HUF 100 billion (EUR 330 mn).
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Commerce
| October 6, 2016
Home improvement and do-it-yourself goods hypermarket chain Praktiker has opened its 20th - and the largest - store in Hungary. The 12,000-square-meter facility, secured with a long-term rent contract, has been built in the place of a similar store.
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Culture
| September 22, 2016
Liberty Global Plc has announced a multi-year partnership with Netflix Inc. which will lead to Netflix’s content being made available to Liberty Global video customers across more than 30 countries around the world – including those of UPC Hungary.
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Education
| September 1, 2016
About 1 million 267 thousand students began a new school year in Hungary this Thursday. State secxretary in charge of education, László Palkovics said teachers' wages increase but trade unions believe overall conditions in education are not satisfactory.
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Culture
| August 25, 2016
An exhibition of paitings and drawings by Hungarian musicians has opened in the Rockmúzeum in Budapest. The creators of these pieces of art are rock musicians who decided to try and express their talent in other forms or art.
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