March 23, 2017 Thursday
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Ambassadors in Budapest
Maria José Morais Pires | March 21, 2017
Mutual attractionIn 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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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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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
 
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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Ambassadors in Budapest
| January 6, 2017
US Ambassador to leave HungaryThe Ambassador of the United States to Hungary, Colleen Bell, has announced that she is leaving here post as of January 20th, the last day of the Obama administration. She took up her position in Budapest two years ago.
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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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Traffic
| December 29, 2016
GreenGo e-carsharing service in Budapest70 cars are serving subscribers of the GreenGo e-carsharing service on the streets of Budapest. Cars can be booked through a mobile application and they can be left anywhere withing the service area after the end of the trip.
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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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Hungarian economy
| December 19, 2016
Economic sentiment index at 10-year peakAfter November, the GKI economic sentiment index rose again in December. According to
the empirical survey by GKI, business expectations increased slightly, whereas consumer ones went up more strongly, reaching their ten-year peak.
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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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Investment
| December 13, 2016
Hungarian Investment Guide by the Swedish EmbassyThe Swedish Ambassador to Hungary, Niclas Trouvé, presented the publication ‘Sweden Hungary Business Guide’ promoting the Hungarian investment environment. The event took place on Lucia’s Day, which is considered the brightest Swedish holiday.
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Corruption
| December 8, 2016
Hungary quits Open Government PartnershipThe Hungarian government has withdrawn with immediate effect from the international anti-corruption organization 'Open Government Partnership' as stated in a letter sent by the Hungarian Ministry of Foreign Affairs and Trade.
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EU affairs
| December 1, 2016
V4 supports EU accession of W Balkan countriesMinisters of Foreign Affairs of the Visegrad Four (V4) countries have released a statement after their meeting in Warsaw, Poland, pledging their support for the Western Balkan countries’ efforts to join the European Union.
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Hungarian economy
| November 30, 2016
Investments plunge in HungaryThe volume of investments in Hungary contracted by 9.3% y/y in the third quarter of 2016. This decrease, portfolio.hu notes should not be considered as dramatic, though, given that investments grew by 2.7% over the previous quarter.
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Conference
| November 28, 2016
Budapest Water Summit opens in BudapestThe Budapest Water Summit (BWS) 2016 (November 28-30). receiving around 1,800 participants (including heads of government and state) and 600 Sustainable Water Solutions Expo visitors from 117 countries, has begun in the Hungarian capital.
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Emergency
| November 23, 2016
Huge bomb removed from the Danube in BudapestTechnicians of the Hungarian military removed a 500-kilogram US bomb, hidden under water since WWII, from the river Danube near the Rákóczi Bridge in southern Budapest this Wednesday. The area was closed down for the duration of the operation.
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Hungarian economy
| November 22, 2016
Hungarian economic sentiment index bounces backFollowing its three-year low in October, Hungary's GKI economic sentiment index (issued with the support from the EU) strengthened to its spring level in November. both business and consumer expectations improved in November.
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Corruption
| November 18, 2016
Hungarians feel powerless against corruption   According to the Hungarian people, corruption is an increasingly serious problem, while the number of those who believe that one can act against it is on the decline, the Global Corruption Barometer of Transparency International (TI) says about Hungary.
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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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Anniversary
| November 4, 2016
National day of mourningNovember 4, the day when the anti-Stalinist uprising and revolution was crushed in 1956 by Soviet troops, is a day of mourning in Hungary. The country's president, János Áder attended a ceremony in Budapest's 18th district, Rákoskeresztúr.
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Economic relations
| November 2, 2016
Hungarian gov't to woo Brexit refugeesThe Hungarian government aims to attract various important institutions of the European Union, as well as a larger group of western companies to Hungary from London, Economy Minister Mihály Varga told a pro-government newspaper.
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Crime
| October 26, 2016
Policeman shot dead in NW HungaryA policeman was shot dead in north-western Hungarian village of Bőny on Wednesday, The Hungarian news agency MTI was told that the suspect in the case, a 74-year-old man, was being treated at a hospital in the nearby city of Győr.
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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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Scandal
| October 10, 2016
Hungary's largest political daily suspendedFor the first time in many decades, the Hungarian daily Népszabadság was not published this Monday. The publishing company, citing economic reasons, notified journalists on Saturday morning that they should not come to work on Sunday.
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Ambassadors in Budapest
| October 5, 2016
Cherishing a common heritageThe Ambassador of the Slovak Republic to Hungary, Rastislav Kácer tells Diplomacy and Trade in a recent interview that Slovakia and Hungary shared all good and bad things for 950 years. he also discusses the different aspects of bilateral relations.
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Trade
| October 4, 2016
Lobbying against free trade deal with CanadaThe deputy ombudsman in charge of future generations, Marcel Szabó and representatives of civil organisations called on Hungary’s government not to sign a planned free trade agreement (CETA) between the European Union and Canada.
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Hungary vs. EU
| October 3, 2016
Invalid referendum in HungaryOnly about 43,5% of the over eight million people eligible to vote cast a NO vote at a referendum to the government's question allowing EU quotas for migrants' settlement into Hungary, therefore, the result is invalid as the validity limit is 50%.
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Hungarian economy
| September 29, 2016
Hungary to boost competitivenessThe Hungarian Prime Minister’s cabinet chief, János Lázár announced at his regular weekly briefing this thursday that the country must find the wqys to be more competitive and catch up with Poland in the Visegrád Group.
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EU affairs
| September 26, 2016
EU Commissioner for Trade in BudapestAddressing the forum 'It's about Europe, it's about you' i Budapest , European Commissioner for Trade, Cecilia Malström said the free trade agreements enable Europe to shape economic globalisation rather than passively suffering from it.
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Crime
| September 25, 2016
Explosion in the Hungarian capitalAn explosion occurred in a vacant shop along Europe's busiest tram line around 10.30 p.m. Saturday night in Budapest. Two police officers, reportedly passing by, were injured. Crime investihation is ongoing with the suspect's photo published.
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Hungarian economy
| September 15, 2016
Labor shortage worsening in HungaryA new set of data are evidence that labour shortage is becoming an increasingly pressing problem in the Hungarian economy. The number of job vacancies grew by over 3,000 in the second quarter since the end of March 2016, portfolio.hu reports.
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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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Ambassadors in Budapest
| September 13, 2016
Pole and Hungarian, two good friendsThe Polish Ambassador to Hungary, Roman Kowalski, who is leaving his post in the near future, gave an interview to the news portal globoport.hu in which he explained the meaning of the expression ‘Pole and Hungarian, two good friends’.
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Regional cooperation
| September 7, 2016
V4 PMs at Krynica Economic ForumThe prime ministers of the four countries of the Visegrád cooperation (V4) and of Ukraine participated at the 26th Economic Forum held in Krynica, Poland to discuss the major current economic, social and political issues.
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Hungarian economy
| September 2, 2016
Hungarian gov't increases tax on fuelA law amendment changing the regulation of the excise tax on fuels will come into effect in Hungary in early September. In view of the current market developments, chances are high that the excise tax on both gasoline and diesel will rise as of October.
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Hungarian economy
| August 31, 2016
Less EU funds, less investments in HungaryThe volume of investments in the Hungarian economy was 20.3% lower in the second quarter of 2016 than in the same period of 2015, the Central Statistical Office (KSH) reported on Wednesday. Compared to the previous quarter investments were down 0.8%.
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Diplomacy
| August 29, 2016
V4 foreign ministers speak to Hungarian diplomatsFor the first time at the annual Budapest conference of Hungarian mission leaders serving in different parts of the world, diplomats were addressed by the foreign ministers of all four countries of the Visegrád Group (V4) this Monday.
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Migration
| August 26, 2016
PM Orbán to erect new border fenceHungary’s fence on its border with Serbia will be reinforced with the instalment of a second barrier, Prime Minister Viktor Orbán told state radio on Friday. The new fence will be built using the latest technology, the Hungarian news agency MTI reports.
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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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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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| January 1, 2017
All of us here at Budapest Week Publishing, the publisher of Diplomacy & Trade, wish all the readers of - and contributors to - Diplomacy & Trade a happy and prosperous new year for 2017 and hope to have you with us in the new year, as well.
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Sports
| December 27, 2016
Hungarian swimmer Katinka Hosszú was voted the third best European athlete of the year in a survey involving 27 European news agencies. She finished behind Real Madrid's Portuguese footballer Cristiano Ronaldo and British tennis player Andy Murray.
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Conference
| December 23, 2016
A commemorative stamp has been issued following the Budapest Water Summit 2016. The stamp, designed by Anita Laczkó, is of 30×40 millimeters and is complemented with an orderly inscription arranged on a wave line.
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'The Club'
| December 14, 2016
Diplomacy & Trade held its Japan themed 'The Club' event at the Sushi Sei restaurant in Budapest on the occasion of Diplomacy & Trade's December issue focus on Japan. The patron of the event was the Japanese Ambassador to Hungary, Junichi Kosuge.
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Charity
| December 10, 2016
Similarly to last year, a specially decorated 'Santa’s trolleybus' is circulating until Christmas on various trolley lines in the Hungarian capital. ,Kids can travel together with Santa Claus and give him presents that will be forwarded to families in need by Santa’s Factory.
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Award
| December 6, 2016
Roman Kowalski, who finished his five-year term at the end of September this year as the Polish ambassador to Hungary is one of the recepients of the Hungarian 'March of the Living' Foundation. He received the award in Budapest.
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Sports
| December 5, 2016
Hungary's Katinka Hosszú was named as the female Swimmer of the Year at the FINA/Alisports World Aquatics Gala held in Windsor, Canada this Sunday. She won three gold medals and a silver at the Summer Olympics in Rio earlier this year.
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Hungarian society
| November 25, 2016
Cherishing a tradition, a pine tree was erected as the Christmas Tree of the Country in front of the building of Hungarian Parliament this Friday. The 4.5-ton silver fir of about 20 meters in height was cut down in Sárszentmihály, Fejér County.
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Conference
| November 21, 2016
Hungarian President János Áder, the Patron of this year's Budapest Water Summit has issued a special stamp for the occasion. Designed by artist Anita Laczkó; the miniature sheet with a face value of HUF 400 depicts water droplets forming a unique bird.
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Commemoration
| November 17, 2016
Ten years after his death, and coinciding with the 60th anniversary of the Hungarian Revolution, the figure of Ferenc Puskás was the object of an emotional tribute that took place on Monday at the stadium where he concluded his legend.
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Culture
| November 7, 2016
The Hungarian National Philharmonic Orchestra has announced "with deep sadness" that its musical director, Zoltán Kocsis died Sunday afternoon "after a long illness borne with dignity" at the age of 64. He underwent heart surgery in 2012.
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Sports
| October 31, 2016
The International Swimming Hall of Fame, the international organisation charged with preserving the memories of those legends of the swimming pool, has inducted six of Hungary's triple Olympic water polo champions into its cast of stars.
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Ambassadors in Budapest
Verónica Chahín, Ambassador of Chile | October 28, 2016
In its WittyLeaks series, Diplomacy and Trade regularly publishes the personal accounts of ambassadors accredited in the Hungarian capital. This time, it is the turn of the Chilean ambassador to tell about her observations in Hungary.
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Anniversary
| October 24, 2016
Commemorations were held in Budapest on October 23 to mark the 60th anniversary of the popular uprising against the Stalinist regime in 1956. PM Viktor Orbán warned of the 'Sovietization' of the EU while the opposition called for him to be toppled.
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Hungary vs. EU
| October 21, 2016
Eurostat is maintaining the reservation on the quality of the data reported by Hungary in relation to the sector classification of Eximbank which needs to be reclassified inside the general government sector resulting in an increase in government debt.
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History
| October 20, 2016
In celebration of the 60th anniversary of the 1956 popular uprising against the Stalinist regime in Hungary, the British Embassy in Budapest prepared a special exhibition that presents the flow of events from the viewpoint of contemporary British diplomats.
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Domestic issues
| October 17, 2016
The Hungarian Academy of Sciences (MTA) does not form an opinion in political issues. That is according to MTA's President in reaction to an open letter signed by 28 MTA members to formulate a view on what they consider anti-democratic processes in the country.
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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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Sports
| October 7, 2016
Hungary lost 3-2 it World Cup qualfying game to Switzerland in Budapest. The visitors took the lead three times, Hungary managed to equalize twice but had no answer to the third Swiss goal scored a minute before the end of regular time.
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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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Ambassadors in Budapest
| September 30, 2016
After almost six years in service as the Ambassador of the Republic of Poland, Roman Kowalski bid farewell to fellow diplomats, friends and other invitees at the Gundel Restaurant this Friday before returning to Warsaw with his family.
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Hungarian economy
| September 28, 2016
After reaching its lowest point this year in August, the GKI economic sentiment index rose within the statistical margin of error in September 2016. That is according to the empirical survey conducted by Hungarian think tank GKI.
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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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Sports
| September 19, 2016
Hungarian Paralympians won one gold, eight silver and nine bronze medals at the Summer Games in Rio de Janeiro. They won medals in six different sports. The only Hungarian victory was produced by swimmer Tamás Tóth.
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Science
| September 12, 2016
29 year old Hungarian physicist Zoltán Szabó has won GE’s unique global contest, “GEeks go for gold”, de-coding the conversations of some of the smartest GE machines. It took him two weeks to crack the code and win the USD 10,000 prize.
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Anniversary
| September 11, 2016
A commemoration was held in Budapest this Sunday to mark the 15th anniversary of the terrorist attacks in New York City and Washington, DC. Those gathered in front of the US Embassy were addressed by the American Ambassador Colleen Bell.
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Domestic issues
| September 9, 2016
Less than one third of those polled in Budapest would like to see the Hungarian capital organize the 2024 Summer Olympic Games, with 37% rejecting the idea. In the meantime, a question has been approvedabout a national referendum of hosting the Games.
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Sports
| September 6, 2016
Hungary's national soccer team drew 0-0 at the Faroe Islands in Group B of the European qualification series for the 2018 World Cup. The result at this first qualification match already lessens Hungary's chances of finishing first or second in the group.
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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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Crime
| August 30, 2016
A Budapest court has sentenced in a non-binding ruling extremist György Budaházy to 13 years in prison for carrying out terrorist activity almost a decade ago. He and six of his accompliceswere placed under house arrest Tuesday afternoon.
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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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