September 25, 2018 Tuesday
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Official visit
| September 10, 2018
Hungarian PM receives Vietnamese Communist Party leaderThe General Secretary of the Communist Party of Vietnam, Nguyen Phu Trong is on an official visit to Hungary at the invitation of Prime Minister Viktor Orbán. The two leaders met Monday afternoon in the building of Hungarian Parliament.
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Official visit
| September 10, 2018
Prince Andrew visits BudapestPrince Andrew, the second of Queen Elizabeth II, is on a three-day official trip to Hungary. The Duke of York was welcomed by Ambassador Lindsay and later this afternoon met with János Áder, President of Hungary at Sándor Palace.
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Automotive industry
| September 6, 2018
Transmission manufacturing expanded in EgerThe German company ZF continues to manufacture its eight-speed automatic transmission for leading automotive companies in Eger, E Hungary. The choice of the venue was supported by the professional expertise of the staff and the excellent infrastructure.
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Energy industry
| August 29, 2018
E.ON connects own solar parks to national gridUtility services provider E.ON Hungária Co. Ltd. has announced that it has connected to the grid its own solar plants in Hungary: the seven 500-kW units built in Szigetvár and the 500 kW solar park constructed in Mohács, both in the southern part of the country.
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Transport industry
| August 23, 2018
Smart lighting poles in BudapestThe first group-linked public lighting poles have been introduced in Budapest. In the pilot project, five public lighting poles with different intelligent functions were installed and connected in a network in the capital's 9th district.
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Furniture industry
| August 17, 2018
ADA opens new manufacturing hall in KörmendAs part of an investment of more than EUR 17 million, Austria’s ADA Group, one of the leading manufacturers of upholstered furniture, beds and mattresses in Europe, has opened a manufacturing hall in Körmend, Western Hungary.
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Infrastructure
| August 16, 2018
8-km motorway inaugurated in HungaryA new, 8.1-kilometer-long, stretch of the M4 motorway - between the town of Cegléd and the village of Ceglédbercel, both southeast of Budapest - was inaugurated this Thursday. Once complete, M4 will alleviate the now heavy traffic on main road No. 4.
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Festival
| August 15, 2018
Record attendance at the Sziget FestivalThe 26th edition of one of Europe's biggest cultural – mainly music – festivals, the Sziget Festival in the Hungarian capital ended this Tuesday, having had record number of 565.000 visitors from all over the world attending the seven-day event.
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Information technology
| August 14, 2018
Kaspersky to be banned from Hungarian gov't computersHungary will ban the use of products from Kaspersky Lab, a Russian company accused of using its software to spy on U.S. government agencies, on all government PCs. The measure is in line with a decree approved earlier by European Parliament.
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Hungarian economy
| August 13, 2018
Annual industrial production up by 4.2pc in HungaryIn June 2018, the volume of industrial output grew by 4.2% year-on-year, the Hungarian Central statistical Office (KSH) reports. Based on working-day adjusted data, the production rose by 3.1%. On the previous month, industrial output was down by 1.2%.
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Charity
| August 6, 2018
Red Cross opens charity café in BudapestA community space ‘Empathy Cafe & Bistro’ has been opened in the heart of Budapestat the headquarters of the Hungarian Red Cross in Arany János Street. Those visiting the place support the organization's charitable work through their consumption.
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Military
| August 3, 2018
NATO exercise in HungaryIn the framework of the Operation Atlantic Resolve, the assigned staff of the Hungarian Defense Forces undertake joint training in Bakony. The participating American and Hungarian troops were visited by U.S. Ambassador David B. Cornstein.
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Construction industry
| August 2, 2018
More new homes, decline in construction sentiment In the first half of 2018, 6,517 new dwellings were built in Hungary, 30% more than a year earlier. Based on issued dwelling construction permits and simple declarations, the number of homes to be built fell by 8.9% to 18,066 compared to the first half of 2017.
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Airline industry
| August 1, 2018
Qatar Airways expands its services to Budapest Qatar Airways will increase its service to Budapest by adding four additional flights to Hungary’s largest city and capital, commencing August 4. The additional flights will take the airline’s service of 14 flights per week to Hungary to 18.
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Ambassadors in Budapest
Canadian Ambassador Isabelle Poupart | August 1, 2018
Diplomatic childhoodIn its WittyLeaks series, Diplomac&Trade regularly publishes the personal accounts of diplomatic mission leaders accredited to Budapest. This time, the Canadian Ambassador shares her experiences of being a diplomat with a small child.
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Automotive industry
| July 31, 2018
BMW to build factory in HungaryBMW Group continues to expand its manufacturing network in Europe, with the aim of establishing a new plant in Hungary, near Debrecen. The value of the new investment will exceed EUR 1 billion, and the capacity will be up to 150,000 vehicles per year.
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Sports
| July 30, 2018
Hungaroring: a ten-month makeover next yearHungaroring, the site of the Formula One Hungarian Grand Prix car race is to be completely transformed after next year's event. According to the CEO of Hungaroring, it will be difficult to destroy and rebuild the place within ten months.
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Airline industry
| July 18, 2018
Awards for Qatar AirwaysQatar Airways has been named ‘World’s Best Business Class’ for third consecutive year by the 2018 Skytrax World Airline Awards. The airline also won the Best Airline audience award in 2018, based on the readers' reviews of Business Traveler Hungary.
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Ambassadors in Budapest
| July 13, 2018
New French Ambassador takes office in BudapestMrs Pascale Andreani, Ambassador-designate of France to Hungary, has just taken up office in Budapest, according to a press release by the French Embassy in Budapest. Her appointment was approved by the Hungarian authorities on May 18.

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Automotive industry
| July 12, 2018
Bosch expands its Budapest Engineering Center The German multinational engineering and electronics company Bosch expands its Budapest Engineering Center with an EUR 120 million investment. In the new building complex , Hungarian engineers will develop Bosch's self-driving systems.
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Transport industry
| July 11, 2018
World’s biggest bicycle producer expands to HungaryTaiwan-based Giant Group is going to establish its second European manufacturing and logistics unit in Gyöngyös, east of Budapest. Worth almost EUR 48 million, the investment, which is to be realized in three phases, shall occupy 228,000 square meters.
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Sustainability
| July 10, 2018
’For a Sustainable Future’ Prize 2018 The Business Council for Sustainable Development in Hungary has announced the ‘For a Sustainable Future’ prize in 2018, with the purpose of recognizing the achievements of leaders and companies on advancing Sustainable Development Goals.
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Science
| July 2, 2018
Business incubation center opens in BudapestThe European Space Agency (ESA) in cooperation with the Hungarian Academy of Sciences (MTA) has opened a business incubation center in Budapest. It is to fund startups using space technology solutions in products and services developed for everyday life.
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Aviation industry
| June 29, 2018
Runway re-opened at Budapest AirportOne day before the scheduled deadline, Runway 1 of Liszt Ferenc International Airport was re-opened for traffic. The handover of the runway was made urgent by the need to meet the demand of increased summer traffic more safely and more comfortably.
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Financial markets
| June 27, 2018
Hungarian forint hits all time lowThe Hungarian currency, the forint began Wednesday trading at 326 units to one euro. Then, a morning waning wave had flown it to 327.3, before another fall early evening resulted in the common European currency being worth HUF 328 – an all-time low.
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Chemical Industry
| June 26, 2018
Foundation stone laid for new Soft Flow centerIn the framework of a development project of EUR 6.3 million, a brand new, modern building complex of over 2,000 square meters is to be built in Pécs, for Soft Flow Hungary, owned to the Danish company of FOSS, will create more than 90 new jobs.
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Ambassadors in Budapest
| June 25, 2018
New US Ambassador presents credentialsThe new ambassador of the United States of America presented his letter of credentials to Hungarian President János Áder in the Sándor Palace in Budapest this Monday. The previous US ambassador, Colleen Bell left her post in January 2017.
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Competition
| June 22, 2018
Seeking the country's best brewersSopron Brewery has announced a contest in which it is seeking the best home brewer and the most sophisticated beer experts. The company would like to find the Hungary's best porter and those judges who represent consumers in the jury.
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Chemical Industry
| June 20, 2018
SRF chooses Hungarian location SRF Limited, a chemical based multi-business Indian conglomerate, SRF is going to establish in Jászfényszaru, SE of Budapest, a benchmark plant which is going to be the most advanced site of the corporation, so far.
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Electronics industry
| June 18, 2018
New Infineon building in CeglédThe Infineon Technologies Group’s new main building in Cegléd, SE of Budapest, has been inaugurated. The Hungarian government contributed to the investment with HUF 1.2 billion (EUR 3.7 million) in nonreturnable funding.
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Economic relations
| June 15, 2018
PRO ECUADOR opens representation office in BudapestThe trade development and investment promotion agency PRO ECUADOR has opened a representative office in Budapest with the aim of promoting Ecuadorian exportable supply and investment climate on the Hungarian other Central Europe markets.
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Airline industry
| June 13, 2018
Qatar Airways additional flights to Budapest Qatar Airways has announced that it will increase frequency to Budapest by adding four additional flights, commencing on August 2. This will take the airline’s 14 weekly service to Hungary to 18, to satisfy demand by tourists transit travellers flying via Doha to Asia.
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Festival
| June 11, 2018
India Festival and Yoga DayThe Ganga-Danube Indian Cultural Festival, combined with the International Day of Yoga, takes place this year in Hungary on June 23-24. Diplomacy&Trade has talked to Indian Ambassador Rahul Chhabra as well as a yoga teacher from India, Ankita Sood.
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Environment
| June 11, 2018
HEINEKEN continues plastic-free glass campaign Due to favorable consumer feedback, HEINEKEN Hungária decided to continue its campaign promoting plastic-free glassware launched in May. 93% of Hungarians prefer plastic degradable packaging, willing to pay more for environmentally friendly solutions.
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Competition
| June 8, 2018
Virtuosos: absolute winner 2018Trombone player Márk Beke was voted by the viewers of the Hungarian public service channels Duna Television and M5 as the absolute winner in the final of the fourth series of the classical music talent show 'Virtuosos'.
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Festival
| June 7, 2018
Festive Book Week kicks off in BudapestFestive Book Week, the biggest celebration of contemporary Hungarian literature is being held for the 89th time this year (June 7-11). It was opened at Vörösmarty Square in downtown Budapest but satellite events are organized throughout the country.
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Automotive industry
| June 5, 2018
EUR 1 bn Mercedes investment in HungaryMercedes-Benz Cars is starting construction of its first 'Full-Flex Plant' in Kecskemét, about 90 kilometers in the south of Budapest. Overall, the company is investing one billion euros in the new car plant and creating over 2,500 jobs.

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Chamber
| June 1, 2018
German Chamber board elections and awardsAt the General Assembly of 2018 of the German-Hungarian Chamber of Industry and Commerce (DUIHK), four new members were elected to their board of directors. Also, 20 companies were awarded the 'Reliable Employer' rating for the third time.

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Ambassadors in Budapest
| May 31, 2018
Common past to respect and acceptThe relations between Russia and Hungary have been traditionally based on the principle of pragmatism and respect for each other’s interests, according to the Ambassador of the Russian Federation to Hungary, Vladimir Sergeev.
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Festival
| May 30, 2018
Italian Festival - for the 4th timeIt is the fourth time that the Italian Festival takes place – until June 16 – organized by ICE – Italian Trade Agency with the patronage of the Italian Embassy and in collaboration with the Italian Cultural Institute and the Italian Chamber of Commerce for Hungary.
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Renewable energy
| May 28, 2018
Heineken's 'Drop the C' Hungarian finalA holistic solution covering the whole production process has won the Hungarian final of the HEINEKEN's ‘Drop the C' competition for innovation aimed at growing its share of renewable thermal energy and electricity in production.
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Construction industry
| May 22, 2018
Logistics center topping out ceremonyThe Goodman-Auchan combined building, constructed by GSE Hungária Ltd. in Üllő, just south of Budapest, has reached its highest point. The topping out ceremony was attended by the deputy foreign minister and the French ambassador.
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Sports
| May 21, 2018
Diplomats Polo Cup this week-endAs it has been a tradition since 2005, the Diplomats Polo Cup in Hungary is held at the last week-end of May. The venue of the three-day BMW Diplomats Polo Cup is the Hungarian Polo Club in Tabajd in the Váli valley, southwest of Budapest.
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Tourism
| May 18, 2018
Sri Lanka tourism targets Hungary as a source marketFrom the Eastern European region, the number of tourist arrivals to Sri Lanka increased in 2017, and the Sri Lankan Tourism Promotion Office (SLTPB) chose Hungary as a source market in 2018 to offer special programs for tourists from this country.
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Education
| May 17, 2018
TechGirlsThis is already the secornd year that the 'TechGirls' series of events is organized by the German-Hungarian Chamber of Industry and Commerce (DUIHK). The aim of the series is to raise interest in technical and natural science studies among girls.
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Innovation
| May 16, 2018
Startup Campus V4 Global Tour in the U.S.The Startup Campus V4 Global Tour journied across the United States East Coast this May May with five Hungarian health care startups having had the opportunity to validate themselves in the US market and to develop further cooperative relationships.
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Health
| May 15, 2018
A drop of attentionHungarian celebrities will also be involved in the new primary school diabetes education program. The aim of the initiative is to spread comprehensive knowledge of this condition and that children with diabetes are accepted in schools.
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Anniversary
| May 14, 2018
Europe Day celebrated On the 14th anniversary of Hungary's accession to the European Union, a day-long festival was held in Budapest this Sunday. It was for the fifth time that a running race also took place - this time, the distance was 14 kilometers.
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Automotive industry
| May 14, 2018
Record year at Mercedes’s Hungarian operationsMercedes-Benz Manufacturing Hungary Ltd. has had another successful year: its production last year was 4.1% higher than in 2016, and more than 190,000 Mercedes-Benz compact cars were manufactured in its Kecskemét factory.
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Commemoration
| May 14, 2018
March of the Living in BudapestIn commemoration of the victims of the Holocaust, thousands of people walked across the river Danube and along the embankment of the river in the traditional 'March of the Living'. Speakers of the event talked about the importance of rememberance.
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Telecommunications
| May 11, 2018
Vodafone buys UPC Hungary from Liberty GlobalUS television and broadband company Liberty Global entered into a definitive agreement to sell its operations in Romania, the Czech Republic, Hungary and Germany to Vodafone Group, the world's second-largest mobile carrier, for EUR 18.4 billion.
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Aviation industry
| May 10, 2018
Record traffic growth at Budapest AirportThe growth in passenger traffic broke all previous records at Budapest Airport during the first quarter of 2018. The increase of 16.9% is nearly triple the 6.2% average growth rate of EU airports, a statement by the airport management company says.
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Financial markets
| May 9, 2018
Hungarian-Chinese stock exchange cooperationThe Budapest Stock Exchange (BSE) entered into a cooperation agreement with one of the world's largest stock exchanges, the Shanghai Stock Exchange to work jointly on the development of new products that can be accessed by Hungarian and Chinese investors.
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Domestic issues
| May 8, 2018
New parliament's inaugural sessionA month after the April 8 general elections, the new Hungarian parliament held its inaugural session this Tuesday. The ruling party Fidesz and its satellite partner KDNP have a two thirds majority in the 199-seat assembly.
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Aviation industry
| May 8, 2018
America as protagonist at Budapest AirportIn May, America was the protagonist at Budapest Liszt Ferenc International Airport: early in the month, three new, direct flights from Budapest to the United States were inaugurated by Budapest Airport. Accordingly, SkyCourt also has an authentic American atmosphere.
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Airline industry
| May 7, 2018
American Airlines connects Budapest and PhiladelphiaAmerican Airlines has launched a direct service between Budapest's Ferenc Liszt International Airport (BUD) and Philadelphia International Airport (PHL) in the United States this Monday. Flights are operated using Boeing 767-300 aircraft.
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Science
| May 7, 2018
Hungarian academy calls for changes in educationEducation is held by the General Assembly of the Hungarian Academy of Sciences among the most important tasks of the Hungarian state - the Academy's decision-making body declared in its resolution with a majority of over 80%.
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Exhibition
| May 4, 2018
Dutch exhibition opens in BudapestParallels sculpture/object - an exhibition by Dutch fine artist André van Lier opened this Thursday evening in the Saxon Art Gallery in the Hungarian capital. The exhibition can be viewed every Thursday and Friday afternoon until July 6.
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Competition
| May 4, 2018
Hungarian winner at Global Legal HACKATHONRapid development of solutions for improving the legal industry world-wide is the goal of the Global Legal Hackathon competition where the winner this year in the private sector category was Revealu, an application from Hungary.
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Hungarian economy
| May 3, 2018
Industrial producer prices rise by 3.5 per centIndustrial producer prices as a whole were 3.5% higher in March 2018 than in the same period of the previous year, the Hungarian Central Statistical Office reported this Thursday. Industrial domestic output prices rose by 3.3%.
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Ambassadors in Budapest
David J. Kostelancik | May 3, 2018
Love of music binds Hungarians and AmericansIn its WittyLeaks series, Diplomac&Trade regularly publishes the personal accounts of siplomatic mission leaders accredited to Budapest. This time, David J. Kostelancik, the Chargé d'Affaires of the American Embassy shares his thoughts about music.
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Airline industry
| May 2, 2018
LOT launches direct Budapest-Kraków flightThe Polish national airline, LOT, launched its first direct flight between the Hungarian capital and the southern Polish city of Kraków this Wednesday. The airline's Bombardier Dash 8 planes fly this route six times a week with a flight time of one hour.
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Festival
| April 24, 2018
Budapest Beer Week announcedThis year, the Budapest Beer Week (BPBW) 2018 International Beer Festival will be held for the first time in the Hungarian capital from May 20 to 27 with 160 different beers of more than 40 international craft breweries from 16 countries.
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Education
| April 20, 2018
Hungarian professor elected to US academyBudapest-based Central European University (CEU) has announced that University Professor Gábor Klaniczay, founding faculty of the Department of Medieval Studies, has been elected to the American Academy of Arts and Sciences.
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Airline industry
| April 17, 2018
New generation airline on Budapest-Paris routeAs of October 28 this year, the start of the winter schedule, Air France's new generation airline, JOON (founded in 2017), flies passengers from Budapest's Liszt Ferenc International Airport to the Charles DeGaulle Airport of the French capital.
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Corporate issues
| April 16, 2018
Hungary's most attractive employersThis is the fifth year Randstad Hungary rewarded the most attractive employers in Hungary. Mercedes Benz landed on the top of the list and previous consecutive victories earned Audi Hungária a place in the 'Randstad Employer Brand Hall of Fame'.
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Innovation
| April 16, 2018
Startup Campus V4 Global Tour stops in BerlinThe Startup Campus V4 Global Tour reached its second destination, the German capital, this April as participating startups attended and exhibited at Startup Camp Berlin 2018 and introduced themselves to the representatives of the German economy.
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Aerospace industry
| April 13, 2018
IATA trainings at Budapest AirportBudapest Airport and the International Air Transport Association (IATA) have concluded a partnership agreement. As a result, some of the international trainings organized by IATA can be held in the Hungarian capital, at Budapest Airport.
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Art treasure
| April 13, 2018
Valuable painting donated to the National GalleryThe painting entitled Architektur I or Konstruktion auf blauem Grund (Construction on a Blue Ground) by 20th century Hungarian constructivist László Moholy-Nagy has been granted to the Hungarian National Gallery in Budapest.
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Commerce
| April 12, 2018
Spar Hungary invests billions in developmentSpar Hungary is investing HUF 23 billion this year in development and has already spent more than HUF 2.1 billion this year in its modernization program, the company told the Hungarian news agency MTI this Thursday.

   
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Commerce
| April 12, 2018
Auchan expands its services in HungaryThe French retail chain Auchan expands its services in Hungary, supporting multi-channel merchandise with online ordering stores. That was announced at Thursday's inauguration of a new store in Budapest by Auchan Hungary CEO Dominique Ducoux.
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Culture
| April 11, 2018
Pocket book dispensers in BudapestApril 11 is the Day of Poetry in Hungary in commemoration of the great 20th century poet Attila József who was born on this day in 1905. This year, a pocket book ATM was put in operation in the capital to encourage people to read more literature.
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Tourism
| April 10, 2018
Nine percent increase in tourism nightsIn February 2018, the number of nights spent by international tourists increased by 7.4% and that of nights spent by domestic tourists by 11% compared to a year earlier. Total gross revenues grew by 12% at current prices in accommodation establishments.
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Elections
| April 9, 2018
Governing parties retain power in HungaryAccording to unofficial results (based on 98,96% tally of the votes), the ruling party Fidesz and its satellite partner KDNP have won two thirds of the 199 seats in Hungarian parliament at the general elections held this Sunday.
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Ambassadors in Budapest
| April 9, 2018
Elevating ties to the next levelThe March issue of Diplomacy&Trade presented a special compilation of ties between the Republic of Korea and Hungary. In the leading article, Korean ambassador Kyoo-sik Choe talked about the various ascpects of relations and the 'Olympics of Peace'.
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Motion picture
| April 9, 2018
Hungarian director to receive lifetime achievement awardHungarian movie director Ildikó Enyedi, whose recent film, 'On Body and Soul' was shortlisted for the Academy Award in the best foreign language film category, is to receive a lifetime award at the 'Festival del cinema europeo' in Lecce Italy this Tuesday.
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Elections in Hungary
| April 7, 2018
Hungarian parliamentary elections this SundayHungarians go to the polls this Sunday, to elect members of the national assembly. Eligible voters will elect 199 members of the national assembly in one round: 106 of them from single-member constituencies and 93 from national lists of political parties.
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Commemoration
| April 6, 2018
Smolensk memorial in BudapestA memorial to the former Polish president Lech Kaczyński and the other victims of the Smolensk (Russia) tragedy in 2010 was unveiled in Budapest this Friday in the presence of Jaroslaw Kaczyński, the brother of Lech Kaczynski.
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Construction industry
| April 5, 2018
Paving block factory developedThe Hungarian company Viastein is developing its Biharkeresztes plant in three phases, creating 180 new jobs, through a project of about EUR 29 million. The foundation stone was laid and the plant built in the first phase was delivered this Thursday.
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Automotive industry
| April 4, 2018
New vehicle industry supply centerECM-Clean Limited is building a vehicle industry supply center in Sajókeresztúr, NE Hungary, on the territory formerly occupied by the Borsod Ore Treatment Plant (BÉM), with an investment of HUF 10 billion (about EUR 32 million).
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Automotive industry
| April 3, 2018
Csaba Metál Co. Ltd. expands capacitiesThe Hungarian family business Csaba Metál Co. Ltd. that has grown into a reputed and recognized supplier at European level for the automotive industry further develops its facilities with a EUR 18.5 million capacity expanding investment generating 165 new jobs.
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Pharmaceutical industry
| March 29, 2018
Pharma research lab opened in DebrecenA new molecular biology laboratory of the Hungarian pharmaceutical company Richter Gedeon was inaugurated in Debrecen, E Hungary. The new lab serves the company's objectives of appearing on new markets internationally.
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Suppliers
| March 20, 2018
GE Supplier’s ForumGE Hungary keeps on seeking Hungarian companies which could successfully join its supplier's chain. For this purpose, more than 70 SMEs presented themselves to GE representatives at the GE Supplier's Forum in Budapest.
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Airline industry
| March 16, 2018
Finnair introduces third daily flight to BudapestFinnair, the flag carrier and largest airline of Finland, has announced at a joint press conference with Budapest Airport that it will have three daily flights between the Hungarian and Finnish capitals in the summer period this year.
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Transport industry
| March 14, 2018
Arconic expands in SzékesfehérvárArconic Wheel and Transportation Products, producer of Alcoa Wheels, that manufactures a range of fully forged aluminum wheels, announced another expansion in Hungary to double the capacities of its Székesfehérvár plant.
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Wealth
| March 13, 2018
Hungarian billionaire on Forbes listForbes magazine has published its latest World’s Billionaires list that contains the world’s 2,208 wealthiest people. Among them is Hungarian banker Sándor Csányi who is back on the list - on place 1,999 - after 2016.
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Automotive industry
| March 12, 2018
Battery plant construction begins in KomáromConstruction works have been launched for South Korea’s third largest company SK Innovation to build a plant manufacturing batteries for use in electric cars in the industrial park in Komárom with an investment worth HUF 97.5 billion.
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Environment
| March 10, 2018
Climate-neutral holiday resort in HungaryWhile environmental awareness in the world and especially in Europe is increasingly popular, it may be surprising that Hungary has only one climate-neutral residence today, the Irota EcoLodge located in a village in northeastern Hungary.
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Ambassadors in Budapest
The Ambassador of Kazakhstan, Nurbakh Rustemov | March 9, 2018
The steppe in my heart!In the WittyLeaks series, Diplomac&Trade regularly publishes the personal accounts of ambassadors accredited to Budapest. this time, the departing Kazakh ambassador shares his 'sacred memories of a friendly Hungary'.
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Food industry
| March 8, 2018
Bakery sector producer Zalaco triples capacityA significant player in Hungarian food industry, the Western Hungarian company of Zalaco expands with greenfield investment in Zalaegerszeg. Having plants in Ajka and Sopron, too, this company is an important representative of the domestic bakery sector.
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Hospitality
| March 7, 2018
ibis Styles Budapest Airport Hotel openedHungary’s first airport hotel with direct terminal connection was officially opened this Wednesday. The ibis Styles Budapest Airport Hotel, built by the Hungarian company WING Co. Ltd. for HUF 3.2 billion has 145 rooms 300 guests altogether.
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Energy industry
| March 6, 2018
MVM to build Hungary's largest solar power plantThe town of Felsőzsolca in northeastern Hungary has accepted the proposal of state-owned Hungarian Electricity Works (MVM), which envisages the construction of the largest solar power plant in the country, with installed capacity of 20 MW.
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Automotive industry
| March 5, 2018
Linamar develops production at its Hungarian premisesCanadian-owned Linamar Hungary Cls. will be creating two hundred new jobs in provincial Hungary at three locations with an investment of HUF 8.64 billion (EUR 27.5 million), 119 in Orosháza, 71 in Békéscsaba and ten in Gyöngyös.
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Automotive industry
| March 2, 2018
Thyssenkrupp opens new factory in HungaryA new factory has neen opened by the automotive component and raw material supplier thyssenkrupp Component Technology in Jászfényszaru, E Hungary. It produces overhead camshafts and electro-mechanical power steering.
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Ambassadors in Budapest
| March 1, 2018
Historical similarities and strong willpowerMaintaining an active political dialog, strengthening economic cooperation and promoting cultural ties, especially people-to-people contacts; these are the goals of the Ambassador of Latvia to Hungary, Vilmārs Heniņą.
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Banking
| February 28, 2018
Upgraded Hungarian banknoteUpgraded 1,000-forint banknote denominations can appear in cash payments in Hungary from March 1, 2018. In addition to their renewed appearance, the banknotes have been brought up-to-date with regards their security features.

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Int'l relations
| February 28, 2018
Working closely with like-minded countriesThis February, Australian Foreign Minister Julie Bishop paid a short visit to Budapest, where she met her Hungarian counterpart as well as representatives from the business community. Here is what she told Diplomacy&Trade about her visit.
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Travel
| February 27, 2018
JTB launches own appIn Japan, it is often not easy to get around as a simple tourist, especially if you are trying to get from point A to point B without a guide. The travel agency JTB Japan has helped create a pocket-aid that helps travelers create their own travel plans.
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Innovation
| February 26, 2018
Startup Campus V4 Global Tour launched in IstanbulThe World Business Angel Forum in Istanbul marked the launch of the Startup Campus V4 Global Tour. At the conference, five Hungarian and two Polish innovative startups introduced their ideas to key sponsors and partners like Türk Telekom and Celebi.
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Women
| February 23, 2018
Australian FM at Leaders Forum in BudapestPractice shows that female executives make the point of view of organizations more diversified as they can bring their own aspects and life experiences to discussions, the Australian Foreign Minister, Julie Bishop pointed out at a forum in Budapest.
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Sports
| February 22, 2018
Historic gold for Hungary in PyeongChangThe Hungarian quartet of Csaba Burján, Viktor Knoch, Liu Shaoang and Sándor Liu Shaolin won the men's 5,000-meter short-track event at the PyeongChang Winter Olympics, taking the first ever gold medal for the country in the history of the Winter Games.
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Automotive industry
| February 20, 2018
REHAU expands business in HungaryREHAU, the world's market leader automotive polymer supplier is building a new manufacturing plant in Hungary. Provider of polymer-based solutions, REHAU will manufacture lacquered external components in the new plant for the automotive industry.
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Award
| February 19, 2018
Managers of the Year 2017 It was for the 24th time that this week-end, the National Association of Managers held its now traditional Manager Ball and Award Gala, in the ballroom of Corinthia Hotel Budapest. Awards were given in three categories to the most talented.
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Award
| February 16, 2018
Hungarian conductor shares prize with former BeatleHungarian conductor Ádám Fischer has been named – along with former Beatle Paul McCartney – as the recipient of Israel’s prestigious Wolf Prize in the music category for being “an inspirational conductor and eloquent defender of human rights,”
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Science
| February 15, 2018
Public funding for quantum technology programThe production and sharing of quantum bits and the creation a quantum information network will be the goal for the next four years by the HunQuTech consortium of researchers, research institutes and industrial companies.
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Real estate
| February 14, 2018
Real estate awards for HB ReavisThe HB Reavis real estate development group's Agora Park and Showroom was named ‘Best Community Place of the Year 2017’ among 35 entries while the Agora Budapest project was voted as ‘Best Planned Commercial Real Estate Project of the Year 2017’.
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Healthcare
| February 13, 2018
Hungarians help develop Olympic analytic systemHungarian and American software engineers of GE Healthcare developed the analytic management system of the Olympic Winter Games.It allows doctors and healthcare professionals get real-time data on the health status, injuries and possible illness of athletes.
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Regional cooperation
| February 12, 2018
V4 carnival in BudapestConcerts, gastronomic and children's programs, light painting and fireworks - a whole-day of family programs were held on Sunday at the Várkert Bazaar and its neighborhood on the occasion of the anniversary of the establishment of the Visegrád Four.
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Sports
| February 9, 2018
Hungary at the Winter OlympicsHungary is represented at the 2018 Winter Olympic Games in PyeongChang, South Korea with 19 competitors. The Hungarian flag at the opening ceremony was carried by World University Speed Skating Champion Konrád Nagy.
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Gastronomy
| February 8, 2018
Hungary selects candidate for Bocuse d'OrÁdám Pohner, assistant chef at the Kistücsök Restaurant, has won the Hungarian final of the Bocuse d'Or cooking contest at the Sirha international HoReCa and Retail show and will represent Hungary in the European final in Turin, Italy.
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Automotive industry
| February 7, 2018
Turkish firm increases production in KaposvárThe Turkish company Metyx, engaged in the manufacture of glass and carbon fiber raw materials – and composite products made of them –, will double the number of its employees, creating high added value jobs, as well in the Somogy County town.
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Biotechnology
| February 6, 2018
Leading biotech research company expanding in PécsFOSS quadruplicates their number of employees in Hungary by adding 100 new, high value-added R&D jobs to the existing 30 positions. Moreover, Soft Flow, the subsidiary of the Danish biotechnology company is building a complex, Scandinavian-style office.
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Viticulture
| February 6, 2018
Wine producer of the yearThe Hungarian Wine Academy has awarded the Wine Producer of the Year for the 27th time. This time, the recognition went to an internationally known winemaker, Mátyás Szőke whose winery is in the Mátra hill region, east of Budapest.
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Airline industry
| February 5, 2018
New air connection between Budapest and KrakówFrom May this year, LOT Polish Airlines is going to operate regular flights between Budapest and the southern Polish city of Kraków six times a week. Prior to that, from April 28, the airline will operate on that route five flights per week.
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Innovation
| February 5, 2018
Startup Campus V4 Global Tour Enterprise Hungary will launch the 'Startup Campus V4 Global Tour' event in February 2018, whereby innovative companies in the V4 countries will be able to introduce themselves to investors and large business partners.
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Military
| February 2, 2018
Hungarian air force receives used planesTwo second-hand Airbus A319 aircraft acquired by the Hungarian Defence Forces have arrived at the mil,itary airport in Kecskemét. The 8-9-year-old planes were bought from the bankrupt German low-cost carrier Air Berlin and re-painted in Prague.
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Travel
| February 2, 2018
New VIP service at Budapest AirportBudapest Airport opened a new VIP service which offers exclusivity, relaxation, comfort and personal touch – everything for those passengers with premier travel standards in mind and those wanting a little more style and luxury.

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Survey
| February 2, 2018
Minimal progress in business expectationsCompared to its historical peak at the end of 2017, GKI’s economic sentiment index advanced in January within the statistical margin of error as a result of a minimal improvement in business expectations and a slight deterioration of consumer expectations.
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Airline industry
| February 1, 2018
Qatar Airways brings Dreamliner to Budapest Qatar Airways has announced that in February it will be the first airline to ever fly the Boeing 787 Dreamliner to Budapest. For two days, February 25 and 28, it will upgrade its service to a Boeing 787 Dreamliner due to increased passenger demand.
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Automotive industry
| January 31, 2018
Artificial intelligence center to be set up in BudapestContinental Automotive Kft., a subsidiary of Germany’s Continental AG, will open an artificial intelligence competence center in Budapest in May, with the Hungarian government providing a quarter of the HUF 5.5 billion (EUR 17.7 mn) investment cost.
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Languages
| January 30, 2018
Translation monopoly ends in HungaryA new law which took effect in Hungary on January 1, 2018 is ending the state monopoly on attested (or certified) translations, slator.com reports. Now, translations of documents submitted to courts can be provided by any translation agency.
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Digitalization
| January 29, 2018
Hungary active participant in digital transformation“The key to switching into a higher gear in the economy lies in the acceleration of digital transformation and the improvement of competitiveness,” Minister for National Economy Mihály Varga said at the Regional Digital Summit in Budapest.
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Automotive industry
| January 26, 2018
Continental Group expands in HungaryAs a result of a comprehensive EUR 20 million development project, ContiTech Magyarország, belonging to the Continental Group, has expanded production in Nyíregyháza, NE Hungary, the Hungarian Investment Promotion Agency reports.
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EU Presidency
| January 25, 2018
Bulgaria celebrates its EU Presidency in BudapestBulgarian Ambassador Ulyana Bogdanska hosted the official opening ceremony in Hungary of the First Bulgarian Presidency of the Council of the European Union in 2018 at the St. Stephen's Basilica in Budapest.
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Medical industry
| January 22, 2018
B. Braun Medical expands in HungaryThe German-owned B. Braun Medical, Ltd. has begun capacity expansion in Gyöngyös, NE Hungary. 407 new jobs will be created by the EUR 100 million investment in collaboration with the Hungarian Investment Promotion Agency (HIPA).
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Demonstration
| January 19, 2018
Protest for better education in HungaryThousands of elementary, secondary school and university students, parenst and other sympathizers protested outside Hungary's parliament on Friday to demand major education reforms, including more critical thinking and creativity.
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Human rights
| January 18, 2018
Budapest-based human rights group awardedThe Budapest-based organisation European Roma Rights Center (ERRC) has received the Raoul Wallenberg Prize of the Council of Europe for successfully challenging discrimination, anti-Romani racism and rights abuses of Roma people.
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Furniture industry
| January 17, 2018
Austrian furniture company development in HungaryThe ADA Group is expanding its furniture manufacturing capacities in Western Hungary under a project that also includes technological developments and the construction of hall buildings in order to meet meet continuously increasing demand.
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Tourism
| January 16, 2018
7.1-percent increase in tourism nights In November 2017, the number of nights spent by international tourists increased by 8.7% and that of nights spent by domestic tourists by 5.6% compared to the level a year earlier. Total gross revenues grew by 16% at current prices.
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Real estate
| January 15, 2018
New owner for Market Central Ferihegy Erste’s real estate fund 'Erste Ingatlan Alap' has acquired the Market Central Ferihegy retail park together with the adjacent Quadrum office complex from AIG/Lincoln, eurobuildcee.com reports. This is the largest retail park in the country.
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Ambassadors in Budapest
| January 15, 2018
New year presidential reception for diplomatsHungarian President János Áder held his traditional new year reception in the Palace of Arts for diplomats accredited in Budapest. In his speech, he assured diplomats that whatever the results of this years elections, Hungary will stay in the European Union.
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Award
| January 12, 2018
TI Hungary recognizes investigative journalistTransparency International Hungary has rewarded the exploration of corruption in the municipality of Ferencváros with the Göbölyös Soma Prize. The author of the winning entry, a series of articles was Dániel Ács, a journalist at the news portal 444.hu.
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Transport industry
| January 12, 2018
2017, a record breaking year at Budapest AirportTraffic at Budapest’s Liszt Ferenc International Airport in 2017 grew at an unprecedented pace: 13.1 million passengers used the airport last year, and the volume of air cargo also broke the record with more than 127.000 tons in total.
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Trade
| January 12, 2018
Understanding the market  “Hungary provides great opportunities for Australian companies. It is geographically well placed to tap into the broader continental European opportunities," the Senior Trade Commissioner for Central Europe, Anthony Weymouth tells Diplomacy&Trade.
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Automotive industry
| January 11, 2018
Japanese battery production facility in HungaryJapan's GS Yuasa Corporation, which is listed on the Tokyo Stock Exchange, has announced to establish a manufacturing subsidiary company, GS Yuasa Hungary Ltd. in Hungary and to construct a new plant for lithium-ion batteries.
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Elections
| January 11, 2018
Hungarian parliamentary elections set for April 8Hungarian President János Áder has announced that the parliamentary elections in Hungary will be held on Sunday, April 8. Those eligible to vote will elect 199 members of the national assembly, 106 of them from individual constituencies.
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Airline industry
| January 10, 2018
Wizz Air announces Austrian baseWizz Air, the largest low-cost airline in Central and Eastern Europe, and one of Europe’s fastest growing airlines, has announced that it would add Austria as the 44th country in its network, by establishing base operations at Vienna Airport.
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Hospitality
| January 10, 2018
Hotel opens next to Budapest AirportHungary’s first airport hotel with direct terminal connection opened in early January. The ibis Styles Budapest Airport Hotel, built by the Hungarian company WING Co. Ltd. for HUF 3.2 billion has 145 rooms and is able to accommodate 300 guests.
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Automotive industry
| January 10, 2018
Transition of Bosch division in Hungary completedThe starter motor and generator division of the Bosch Group has completed its transition to an independent company: it will operate in Hungary under the name of Starters E-Components Generators Automotive Hungary, effective immediately.
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Airline industry
| January 9, 2018
Qatar Airways expands wide-body aircraft service to HungaryQatar Airways will introduce the Airbus A330 on the Budapest-Doha route in summer 2018. The addition of this aircraft will increase seat capacity by more than 53% over the current A320 aircraft that currently operates both of the double daily frequencies.
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Real estate
| January 8, 2018
2017, a record year in Hungarian flat salesIn December 2017, 9,787 real estate transactions took place in Hungary, which is a decrease compared to November, but still higher than in the last month of the previous year, according to Duna House's latest transaction estimate.
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Tourism
| January 5, 2018
Record number of Hungarian tourists in CroatiaFor the first time in the history of the Hungarian-Croatian touristic relations, the number of guest nights by Hungarians in Croatia exceeded three million in 2017, the Croatian Tourist Board informed the Hungarian news agency MTI on Friday.
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Ambassadors
| January 5, 2018
With our hearts in the right placeAlthough Hungary and Australia have very different histories and are far from each other geographically, we have our hearts in the right place and have a lot to share, according to the Ambassador of Australia to Hungary, Dr. Brendon Hammer.
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Int'l relations
| January 4, 2018
Irish PM working visitIrish Prime Minister Leo Varadkar paid a short working visit to Budapest this Thursday afternoon. The parties discussed the state of the EU, fiscal, migration and agricultural policy issues and Brexit, sharing similar views on important EU issues.
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Automotive industry
| January 4, 2018
AImotive receives funding to further self-driving technologyAImotive, a Hungarian startup developing self-driving car technology that relies on cameras to detect cars, obstacles, and signs, has received funding to be used to increase global scale and accelerate autonomous driving software via simulation technology.
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Int'l relations
| January 3, 2018
New Polish PM visits BudapestPolish Prime Minister Mateusz Morawiecki, who took office on December 11, 2017, paid his first official visit abroad to Hungary where he held talks with Prime Minister Viktor Orbán and was also received by President János Áder.
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Stock exchange
| January 2, 2018
Record year at the Budapest Stock ExchangeThe Hungarian stock exchange closed December trading with HUF 194 billion turnover and the daily average turnover was HUF 10.2 billion. Compared to December 2016, both numbers exceed the current value (178 and 8.5 billion forints).
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President
| January 1, 2018
Hungarian President delivers New Year speechWhatever we believe in, whatever goals are driving our lives, we still wish success and happiness to one another again and again. Keep the charm of this moment all year long, Hungarian President János Áder said in his New Year speech.
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Airline industry
| December 29, 2017
Wizz Air signs new Airbus dealWizz Air Holdings Plc, the largest low-cost airline in Central and Eastern Europe, finalizes a deal with Airbus S.A.S. relating to the purchase of 146 Airbus A320neo family aircraft (72 A320neo and 74 A321neo types) to more than double its fleet.
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Stock exchange
| December 28, 2017
Merrill Lynch suspended at Budapest Stock ExchangeThe Chief Executive Officer of the Budapest Stock Exchange issued a resolution (No. 480/2017) on Thursday, December 28 to suspend the trading right in Debt Securities section of Merrill Lynch International for lack of traders.
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Oil industry
| December 27, 2017
MOL starts producing oil the North Sea areaThe Hungarian oil group MOL and its partners have begun oil production in the framework of the Catcher project, located in the UK Central North Sea. First oil from the project where MOL'S share is 20%, was achieved on December 23, 2017.
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Monetary policy
| December 27, 2017
National bank inflation forecastIn Hungary, the rate of inflation will reach 3% percent, consistent with price stability. That inflation target in the prognosis of the National Bank of Hungary's inflation report is expected to be achieved in a sustainable manner by the middle of 2019.
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Education
| December 21, 2017
Training for air force pilots to resume in HungaryTraining for Air Force pilots and air traffic controllers will be relaunched in Hungary after 20 years in 2018, for 15-20 students at the National University of Public Service and the air base at Szolnok in central Hungary, the chief of the base told public news channel M1.
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Aviation industry
| December 21, 2017
EC approves Debrecen Airport development planThe European Commission has found that Hungarian plans to grant around EUR 3.8 million in investment aid to modernise the infrastructure of Debrecen International Airport (E Hungary) are in line with EU state aid rules.
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Automotive industry
| December 20, 2017
Valeo expands its manufacturing and R&D complexValeo Auto-Electric Magyarország continues to expand its manufacturing and R&D complex in Veszprém with a greenfield project. More than 200 new jobs will be created in connection with the EUR 60 million worth of development.
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| December 19, 2017
The birth of modern circus rememberedArgentine ambassador Maximiliano Gregorio-Cernadas, welcomed the staff of the Capital Circus of Budapest in his residence at the 250th anniversary of the modern circus. The guests of the event were entertained by Argentinian and Hungarian artists.
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Military
| December 18, 2017
US plans to reinforce Kecskemét NATO air baseThe United States is to spend over USD 55 million “to increase fuel storage capacity, construct a parallel taxiway and upgrade the airfield" at the Kecskemét Air Base in east central Hungary as part of the initiative to deter Russian aggression.
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Hospitality
| December 18, 2017
UNICEO 2018 European Congress in BudapestThe United Networks of International Corporate Event Organizers, an international association that brings together senior decision-makers in charge of corporate events will have its European Congress in the Hungarian capital on June 28-29, 2018.
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Ambassadors in Budapest
| December 15, 2017
Representing the relativesOn the occasion of Finland celebrating the 100th anniversary of its independence, the country's ambassador, Petri Tuomi-Nikula talks to Diplomacy&Trade about the cultural, economic, political and social impact of being language relatives.
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Hospitality
| December 15, 2017
Abbey buildings to be turned into hotelA 300-year-old building complex of the arch abbey manor of Pannonhalma in western Hungary will be expanded into a four-star hotel through a HUF 5 billion forint (EUR 15.9 mn) investment, the Hungarian news agency MTI reports.
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Hungarian economy
| December 14, 2017
HEBC for a Smart HungaryIn line with its tradition, the Hungarian European Business Council (HEBC) has prepared its 2017 recommendations, titled 'Smart Hungary'. The Report explores issues that can help accelerate the country’s economic and social development.
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Migration
| December 14, 2017
Visegrád Group to help Italy and LibyaAt their meeting in Brussels, the leaders of the Visegrád Four countries have decided to provide support for the implementation of the Project, led by the Italian government in cooperation with the Commission, aimed at protecting the borders in Libya.
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Aviation industry
| December 13, 2017
Enhanced Wi-Fi at Budapest AirportWireless internet availability has been significantly improved in passenger areas of Liszt Ferenc International Airport. The new system promises better coverage and a stronger signal, offering a multiplication of capacity to passengers using Wi-Fi.
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Commerce
| December 13, 2017
Lidl takes over CBA stores in HungaryBusinessman László Baldauf, the founder of the CBA retail store chain in Hungary, has confirmed to the news agency 'Független Hírügynökség' that seven CBA stores (two of them in Budapest) would be taken over by the German retailer Lidl.
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EU affairs
| December 12, 2017
Hungarian parsley root receives EU protectionAccording to the European Commission (the quasi government of the EU), the European Union has approved that the parsley root grown in and around the southeastern Hungarian town of Makó can also be granted protected geographical indication.
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Int'l relations
| December 12, 2017
Hungarian President received in ParisHungarian President János Áder was received at the Elysée Palace in Paris this Monday by French President Emmanuel Macron. The Hungarian head of state is in the French capital for the One Planet Summit climate conference.
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Transparency
| December 11, 2017
EU funds not to be used for corrupt practicesRespect for the standards of rule of law is required for the proper spending of EU funds – this was the conclusion drawn by several speakers at an international conference organized by Transparency International Hungary (TI) in Budapest.
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Investment
| December 11, 2017
Blackrock promotes Budapest opportunities in FrankfurtAfter London, BlackRock held its career-building and networking event in Frankfurt, Germany. The world's largest financial fund management company prmoted the operation of the Budapest office, available job opportunities and potential career paths.
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Charity
| December 11, 2017
Santa Claus Factory in BudapestOnce again, people in Budapest have the opportunity to visit the Santa Claus Factory to donate gifts for poor children in Hungary and in Hungarian communities outside the border of Hungary. Besides giving gifts, you can also enjoy concerts and Christmas shows.
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Minorities
| December 8, 2017
Hungarian govn't wants observers in TranscarpathiaThe Hungarian government is initiating the installation of long-term observers by the Organization for Security and Co-Operation in Europe (OSCE) in Transcarpathia to monitor the situation of the Hungarian minority after a new education legislation there.
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Tourism
| December 8, 2017
Makó hotels receive best ratings in HungaryAccording to the trivago Rating Index (tRI), the southeastern town of Makó tops the list of Hungarian settlements as the town's hotels received the best reviews from travelers. Hungary was 13th in the ranking of European countries, MTI reports.
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Airline industry
| December 7, 2017
New record at Budapest AirportTraffic at Budapest Airport has broken another record, as the number of passengers exceeded 12 million by the end of November. Thanks to the dynamic growth, more than one million passengers used the terminals in November, for the first time ever.
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Regional cooperation
| December 6, 2017
V4 togetherA new promotional video showcases the Visegrád Cooperation in the spirit of the Hungarian Presidency’s motto: ‘V4 Together’. It was commissioned by the Public Foundation for the Research of Central and Eastern European History and Society.
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Science
| December 5, 2017
Hungarian data hunters in ChileHungarian researchers work under extreme weather conditions on Ojos del Salado, the highest volcano on Earth, in the Atacama Desert in Northern Chile from next year on, the expedition will have its own research center on the spot to analyze samples.
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Regional cooperation
| December 4, 2017
V4-plus FM meeting in BudapestIn the framework of Hungary's V4 Presidency, the Hungarian Ministry of Foreign Affiars and Trade held a meeting in Budapest on Monday with the participation of the foreign ministers of the V4 countries plus Serbia, Slovenia, Croatia, Greece, Romania and Bulgaria.
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Hungarian economy
| December 1, 2017
OECD outlook for HungaryThe latest Economic Outlook published by the Organisation for Economic Cooperation and Development (OECD) says Hungary's recent strong economic performance is projected to continue into 2018, before softening somewhat in 2019.
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Airline industry
| November 30, 2017
Wizz Air acquires additional slots at Luton AirportWizz Air, the largest low-cost airline in Central and Eastern Europe, announces that, following the acquisition of a number of take-off and landing slots from Monarch Airlines, it will increase its fleet at London Luton by two aircraft to a total of seven.
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Int'l relations
| November 29, 2017
China – CCEC 2017 Summit in BudapestThe strengthening of the Chinese economy presents great opportunities for the countries of Central Europe. That is according to Prime Minister Viktor Orbán speaking after the economic and trade forum of China and 16 Central and Eastern European countries.
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Charity
| November 27, 2017
Diplomatic Fair in BudapestDiplomatic Spouses of Budapest held their 7th Diplomatic Fair in the InterContinental Hotel in Budapest this November. The charity eventfeatured food and drinks from 20 countries as well as gift objects from around the world.
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Ambassadors in Budapest
| November 24, 2017
For more political dialog“Italy and Hungary have been sharing a deep friendship that even temporary ups and downs cannot jeopardize,” Italian Ambassador Massimo Rustico tells Diplomacy&Trade in a recent special focus on Hungarian-Italian relations.
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Sustainability
| November 22, 2017
Smart Accessibility Plan in HungaryWithin a few months, the corporate employees of Heineken Hungária undertook to rate the accessibility of ten thousand local service providers like shops, coffes, bars and restaurants in Hungary to help the users of the Route4U accessibility application.
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Charity
Ágnes Weninger | November 21, 2017
Guy Fawkes bonfire night partyThe Grand Ballroom of the Marriott Hotel was “on fire” recently. Not literally of course, but certainly the 200 or so guests that gathered to celebrate Guy Fawkes Day in Hungary and raise funds for local children’s charities were in a feverish state.
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Survey
| November 20, 2017
Swiss business surveyAt the Fourth Swiss Business Day in Hungary, Swiss companies that boost Hungary’s economy await visitors with the topic of Innovation and Talent. The firms have responded about their relations to innovation in an online survey.
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Automotive industry
| November 17, 2017
New supplier plant in KecskemétThe Indian-based automotive supplier Samvardhana Motherson Peguform (SMP) has established a bumper manufacturing plant in Kecskemét, E Hungary, in an area of 96,000 square meters. The greenfield development is to create about 500 jobs.
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Service center
| November 16, 2017
Robots aid service center staff19 robots help the staff working in GE Hungary’s Budapest shared service center. By automating certain elements of financial, accounting, procurement, logistics, IT, and HR processes, GE aims to improve the quality and efficiency of administrative processes.
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Festival
| November 16, 2017
Anilogue International Animation Film FestivalThe most anticipated animation event in the Hungarian capital this fall, the 15th Anilogue International Animation Festival that illuminates the screens of two cinemas – Urania and Kino – will be held from November 29 to December 3 in Budapest.
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Gastronomy
| November 16, 2017
The week of the Italian cuisineThe week between Novermber 20 and 26 will see a series of events orgnaized in Budapest in the framework of the ‘Week of the Italian cuisine’. The Hungarian public will have the opportunity to learn about Italian gastronomy - and even have a taste.
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Banking
| November 15, 2017
Hungary's first bitcoin ATM outside BudapestFollowing the successful operation of its first ATM in Hungary with the possibility of Bitcoin transactions (in Budapest), the Hungarian firm Shinrai Ltd. put into operation another such machine in Mosonmagyaróvár, NW hungary, close to the Austrian and Slovak borders.
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Transport industry
| November 14, 2017
Remote Control Tower Control Center opensA remote control tower control center opened in Budapest on Tuesday. In a few years from now, specialists will be able to direct air traffic not only from the tower at the airport in Ferihegy but also from the Igló street control room in the caípital.
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Construction industry
| November 14, 2017
Construction industry continues to growIn September 2017 and in the period January-September 2017, the volume of industrial sector output grew by 5.4% and 5.2% year-on-year, respectively. Since January 2010, the sector’s output has been up by more than 35%.
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Military
| November 10, 2017
Clever Ferret 2017 in HungaryThe two-week-long multinational military exercise 'Clever Ferret 2017' is drawing to a close. In this phase of the training, the multinational units made up of Italian, Hungarian and Slovenian troops are already carrying out coordinated tactical tasks.
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| November 10, 2017
New petfood production hallNestlé Hungary Ltd. has expanded its its production facility in Bük, W Hungary, with an investment cost of HUF 20 billion (appr. EUR 65 million), thus creating one of Europe's largest animal food production center. The company has 900 employees.
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Construction industry
| November 9, 2017
Construction material production plant opensBodrogi Bau Ltd. saw the opening of its doors and windows and insulation material production plant in Szeged, SE Hungary this Thursday. Nearly HUF 500 million of the total cost of over HUF one billion was financed from EU funding.
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Packaging industry
| November 9, 2017
Packaging company modernized in SW HungaryEdelmann Hungary Packaging Co. Ltd. is upgrading its fleet of machines. With the more than EUR 10 million project, the German company can not only increase its capacity, but can also supply higher quality and added-value products.
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Exposition
| November 9, 2017
Lodz - candidate city for EXPO 2022 Poland is a candidate for the organization of EXPO 2022 in ŁódĽ, the third most populous city of the country, on the theme of revitalization of cities - a global challenge and condition for further development of agglomerations around the world.
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Agrarian industry
| November 8, 2017
Grain processing plant as greenfield projectAs a result of the largest food industry project in Hungary recently, the grain processing plant of KALL Ingredients has been completed in Tiszapüspöki, eastern Hungary. The plant will process GMO-free maize purchased from Hungarian producers.
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Viticulture
| November 7, 2017
National Wine Treasury ProgramThe National Wine Treasury Program has been launched in Hungary with the help of funds -
close to HUF 1.5 billion (EUR 4.8 mn) - allocated by the government, starting a unique preservation process in the history of Hungarian viticulture.
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Electronics industry
| November 7, 2017
Logistics center to be built for Jabil CircuitThe Infogroup Real Estate Development Group is building a EUR 11.5 million logistics center in the Tiszaújváros Industrial Park. The almost 17,000 sqm facility will be rented by the US-owned manufacturer of electronic products, Jabil Circuit Hungary.
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Telecommunications
| November 6, 2017
UPC Hungary digital sales boostedTelecommunications service provider UPC Hungary saw its sales of digital services boosted in the third quarter of 2017. During this period, UPC Hungary surpassed the 2 million subscriptions milestone and delivered an impressive revenue growth of 10,2%.
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Transport industry
| November 6, 2017
DHL Express opens center in BudapestInternational express delivery world market leader DHL Express has opened a new 13,000-sqm Center at the Budapest Airport Business Park joining DHL's other two divisions, a DHL Global Forwarding and DHL Freight, which moved in 2013.
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Automotive industry
| November 3, 2017
Spinto to build its tool factory in MiskolcSpinto Hungária Kft. is constructing an automotive tool factory in Miskolc. With the about EUR 19 million project, a unit manufacturing large tools will be established in Hungary, for the products of which there is huge demand throughout the region.
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Service center
| November 3, 2017
Shared Services gala in BudapestThe Hungarian Investment Promotion Agency (HIPA) organized in Budapest the Hungarian Shared Services Gala, during which awards were given to top companies and managers of 2017 in three categories and the latest SSC market survey was published.
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Diplomacy
| November 3, 2017
Diplomatic spouses visit Salgado exhibitionAnita Herczegh, the wife of the Hungarian President regularly organizes programs for the spouses of ambassadors accredited to Budapest.This week, they visited a photo exhibition in the Art Hall in the Hungarian capital.
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Banking
| November 2, 2017
Leave your mark!UniCredit Bank Hungary had a very successful year in 2016. As the Deputy CEO of the bank and Member of the Management Board, Marco Iannaccone explains, this profitable result has made it possible for the bank to extend its support activities to new areas.
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Int'l relations
| November 2, 2017
ITEC Day at the Embassy of IndiaThe Indian Technical and Economic Cooperation Program (ITEC) is a bilateral assistance program run by the Government of India. Held every year since 1964, ITEC Day has recently been celebrated at the Embassy of India in Budapest.
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Survey
| October 31, 2017
German companies optimistic in HungaryA recent survey by the German-Hungarian Chamber of Industry and Commerce reveals that German companies are currently in excellent shape in the country. They are even more optimistic than the already very good results published in April.
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Real estate
| October 31, 2017
Cushman & Wakefield center to BudapestThe international real estate consultancy firm Cushman & Wakefield has chosen Budapestas the new venue for its Portfolio Services Center (PSC) department. The new investment, supported by the Hungarian government, is expected to create 250 new jobs.
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Airline industry
| October 31, 2017
WizzAir launches Agadir flightsHungarian low-cost airline WizzAir has launched flights to a new destination from Budapest: Agadir in southern Morocco. The airliner operates this flight twice a week with Airbus A320 aircraft. The first flight was fully booked as the plane left the Hungarian capital.
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Ambassadors in Budapest
| October 30, 2017
Seven decades in the Indian wayThis year, India celebrates the 70th anniversary of its independence from the United Kingdom. On this occasion, the Ambassador of the Republic of India to Hungary, Rahul Chhabra gave an extensive interview to Diplomacy&Trade.
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Weather
| October 30, 2017
Severe storms hit HungaryDisaster management authorities were alerted 3,700 times over the week-end and Monday morning. A spokesman for the National Directorate General for Disaster Management says people were also injured as trees fell on two cars.
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Competitiveness
| October 30, 2017
National Bank competitiveness reportThe National Bank of Hungary has published its latest competitiveness report in order to analyse, examine and evaluate Hungary’s competitiveness and to explore the possibilities of further progress with over a hundred indicators.
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Hungarian society
| October 27, 2017
More Hungarians favor the European UnionHungarian citizens have a good perception of the European Union and this view shows a particularly positive trend, according to the ‘Parlemeter 2017’ survey that takes a close look at citizens’ views on EU membership and its benefits,
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Automotive industry
| October 26, 2017
Bridgestone's expansion in TatabányaJapanese tyre manufacturer Bridgestone had its HUF 85 billion forint (EUR 274 million) capacity-expanding investment project officially inaugurated in Tatabánya, west of Budapest this Thursday. It is expected to create 500 new jobs.
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Exhibition
| October 25, 2017
World Press Photo: record number of visitorsClose to 34,000 people visited this year's World Press Photo exhibition in the Museum of Ethnography in Budapest. It is an outstanding number as the average attendance in the past years in Hungary was 20-25,000 people.
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National holiday
| October 24, 2017
October 23 speeches in the rainCelebrations of the 61st anniversary of the 1956 Hungarian revolution and uprising against the Stalinist style regime were attened by less people than usual due to the rain that was falling basically all day Sunday in Hungary.
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Automotive industry
| October 20, 2017
High-pressure aluminium foundry completedThe new plant of CSABAcast has been officially opened in Apc, E Hungary. It has been equipped with state-of-the-art technology and fleet of machines of the highest quality. Themanufacturing baseserves the expansion of the activities of the company.
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Telecommunications
| October 19, 2017
First 5G data connection in HungaryEricsson and Magyar Telekom have held a demonstration of the first 5G New Radio at the Ericsson R&D centre in Budapest on Thursday. The first implementation of its kind in Hungary achieved download speeds of 22 gigabits per second (Gbps).
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Medical industry
| October 19, 2017
Becton Dickinson plant in HungaryWorld-leading global medical technology company, Becton Dickinson's (BD) new plant has been inaugurated in Tatabánya where the manufacturing of research reagents required for the production of medical products will be launched.
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Exhibition
| October 18, 2017
Automotive Hungary 2017Automotive Hungary, the 5th International Exhibition for Automotive Industry Suppliers
has opened at the HUNGEXPO Budapest Fair Center. Programs of the exhibition are built on the thematical points 'Business, Science, Career.”
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Music
| October 18, 2017
Ennio Morricone given Hungarian state recognitionWorld renowned Italian movie theme composer Ennio Morricone received a Hungarian state recognition, the Middle Cross of the Hungarian Order of Merit in Budapest this Wednesday for popularizing Hungarian music.
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Transport industry
| October 17, 2017
New manufacturing hall in BudapestKnorr-Bremse Rail Systems, the German company manufacturing eailway brake and air systems had it new manufacturing hall in Budapest inaugurated this Tuesday. A training workshop was also presented at the company's premises in the Hungarian capital.
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Construction industry
| October 17, 2017
Hungary's construction sector boomAccording to end of summer figures by the Central Statistical Office, the volume of construction output in Hungary was 36.8% higher in August 2017 than the low base a year earlier. construction output grew by 9.8% in August compared to the previous month.
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Food industry
| October 16, 2017
Festival-goers demand more choiceMore visual experience and more surprises are needed at Hungarian festivals to keep up with the competition on international level. That was the view shared by the participants of the recent Festival Season Valuation Roundtable organized by HEINEKEN Hungária.
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Tourism
| October 16, 2017
World Food Day campaign30 tons of food was transported through the Hungarian capital to those in need on World Food Day. The food items were provided by 19 companies for poor families. The truck convoy drove through downtown Budapest to call attention to World Food Day.
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Regional cooperation
| October 13, 2017
V4 presidents meet in SzekszárdPresidents of the Visegrád Group (V4) countries (Andrzej Duda of Poland, Andrej Kiska of Slovakia, Milos Zeman of the Czech Republic and the host, János Áder of Hungary) hold a two-day meeting in Szekszárd, Central Hungary.
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Official visit
| October 13, 2017
British Minister of State visits BudapestThe British Minister of State for Europe and the Americas, Sir Alan Duncan is in Budapest this Tuesday. He has officially opened the new building of the Embassy of the United Kingdom and also held a lecture and a Q&A forum at the Corvinus University.
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Logistics
| October 12, 2017
Páty Industrial Park opens first facilityThe first facility in the Páty Industrial Park has officially been inaugurated. The 23,000-sqm logistics centre was developed by Inpark and serves as a regional car parts distribution hub operated by logistics service provider Kühne+Nagel.
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Logistics
| October 12, 2017
New logistics center in NyíregyházaAs a result of the development implemented from EUR 28 million by Révész-Nyírlog Ltd., a more than 52,000-square meter logistics center has been established, supplemented with a warehouse hall, an office building and accessory rooms.
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Regional cooperation
| October 11, 2017
V4 foreign ministerial meeting in BudapestThe Foreign Ministers of the Visegrád Group, Western Balkans and Central-European countries held a meeting in Budapest's Várket Bazaar event center within the framework of the Hungarian Presidency of the Visegrád Group (V4).
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Education
| October 11, 2017
CEU Concerning its dispute with the Hungarian government, the Central European University has issued a statement, stressing that its continues its operations uninterrupted despite the new Hungarian education law dubbed as 'Lex CEU'.
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Education
| October 10, 2017
Hong Kong fosters youth exchange with HungaryThe Hong Kong Young Leaders Development Association visited Budapest to enhance the understanding of Hungary amongst youngsters from Hong Kong, and to foster friendship between Hong Kong and Hungary through people-to-people exchange.
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Sustainability
| October 10, 2017
A value creating communityThe Hungarian Business Council for Sustainable Development (BCSDH) celebrates its ten-year anniversary. On this good occasion to look back, Diplomacy&Trade talked to the President of the
organization, Attila Chikán, Jr.
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Packaging industry
| October 10, 2017
Krones AG investment in DebrecenGerman family venture Krones AG has announced the establishment of a plant that will manufacture pieces of food industry equipment in Debrecen, E Hungary, with an investment of close to HUF 15 billion, close to 40% of which is covered by the Hungarian government.
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Hungarian economy
| October 9, 2017
Siemens joins govn't supplier programSiemens Ltd, the Hungarian subsidiary of Europe's largest industrial manufacturing company, has joined the working group of the National Supplier Program, the Hungarian Minister for National Economy Mihály Varga said at the signing of a letter of intent.
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Chamber
| October 8, 2017
Chamber of choiceThe British Chamber of Commerce in Hungary celebrated its 25th anniversary last year. Its Chairman Vazul Tóth tells Diplomacy& Trade regards it as a great achievement that the BCCH is among the most active bilateral chambers in Hungary.
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Regional cooperation
| October 8, 2017
V4 Sunday in BudapestIn celebration of Hungary's 5th presidency of the Visegrád Group (made up of the Czech Republic, Hungary, Poland and Slovakia - V4), a family event, called V4 Sunday, was organized in the Várkert Bazaar event center in Budapest.
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Ceremony
| October 6, 2017
Former president's bust unveiled in BudapestFormer President of the Republic of Hungary had his bust unveiled in the Óbuda University park, which is in the neighborhood of the one-time residency of the late President. Árpád Göncz was the President of the country between 1990 and 2000.
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History
| October 6, 2017
October 6: national day of mourning and remembrance168 years ago, on October 6, 1849, thirteen rebel generals of the Hungarian army were executed by the Austrian Empire in Arad, then part of the Kingdom of Hungary (now in Romania), after the Hungarian Revolution and war of independence (1848–1849).
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Energy industry
| October 5, 2017
GE doubles the value of its procurement in CEEGeneral Electric aims to double the volume of the products and services bought from Central-Eastern European SMEs, including Hungarian enterprises. The firm has approximately 6.000 suppliers in the region and its procurement value exceeds USD 1.7 billion.
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Int'l relations
| October 4, 2017
Hungarian President visits MontenegroHungarian President János Áder János is on a two-day official visit to Montenegro where he was given a reception ceremony with military saulute by his host, the President Filip Vujanovic in front of the presidential palace in Cetinje.
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Ambassadors in Budapest
| October 4, 2017
Regardless of the Brexit...Over a year after the Brexit vote, British Ambassador Iain Lindsay believes relations between Hungary and the UK are stronger. The political relationship and the economic relations are stronger, trade and investment are growing” he tells Diplomacy&Trade.
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Automotive industry
| October 3, 2017
Maxon Motor extends Hungarian plantThe Hungarian subsidiary of the Swiss Maxon, Maxon Motor Hungary Kft. will extend - with a cash subsidy from the Hungarian government - its electromotor plant in Veszprém with an investment worth some HUF 4.2 billion, and the project will create 102 new jobs.
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Research and Development (R&D)
| October 2, 2017
Wessling Knowledge Center opens in BudapestGerman company WESSLING, one of the leading consulting, analytical and testing companies engaged in quality, safety, environment and health, has opened a knowledge center, a leading regional R&D base of an international engineering innovation in Budapest.
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Sustainability
| October 2, 2017
BCSDH Jubilee Business LunchThe Business Council for Sustainable Development in Hungary (BCSDH) organizes a Jubilee Business Lunch at the launch of its yearly Action 2020 Hungary recommendations and the 10th Anniversary of BCSDH with a futurist as the keynote speaker.
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Motion picture
| September 27, 2017
Indian Film Week in OctoberJoining the repertoire of the celebrations of the 70th anniversary of the independence of the Republic of India, an Indian Film Week is held between October 5 and 11, 2017 in the Puskin Cinema in downtown Budapest.
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Foreign relations
| September 25, 2017
Hungarian PM in VietnamA Hungarian delegation headed by Prime Minister Viktor Orbán is on an official visit to Vietnam. With several ministers in the delegation, PM Orbán was received by his Vietnamese counterpart, Nguyen Xuan Phuc as well as by President Tran Dai Quang.
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Transport industry
| September 22, 2017
First BYD buses completed in KomáromThe first two electric buses have been manufactured at the plant of the BYD Electric Bus and Truck Hungary Ltd. in the local industrial park in Komárom, west of Budapest. The Chinese company opened its Hungarian plant in April this year.
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Trade
| September 21, 2017
CETA takes effectAs of September 21, 98% of all tariffs between Hungary and Canada are eliminated as the Canada-EU Comprehensive Economic and Trade Agreement – known as CETA – comes into effect through provisional application.
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Real estate
| September 19, 2017
Budapest shopping mall sold to South African firmSouth African real estate investment firm NEPI Rockcastle announced that, on September 15, 2017, it acquired all the issued shares of Aréna Plaza shopping center in Budapest through its subsidiary, Arena Property Ltd. for EUR 275 million.
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Motion picture
| September 19, 2017
Szemrevaló/Sehenswert/EyefulThis year’s SZEMREVALÓ /SEHENSWERT/EYEFUL Film Festival will take place September 21-30. This event presents the very best new films from the German-language world, now for the sixth time, in the original language with subtitles or interpretation.
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Engineering
| September 15, 2017
Bosch center foundation stone laidGerman multinational engineering and electronics company Bosch, the world's largest supplier of automotive components is to establish a new regional center for which the foundation stone was laid in the industrial park in Hatvan, east of Budapest this Friday.
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Int'l relations
| September 15, 2017
Hungarian President attends Arraiolos meetingHungarian President János Áder was one of the heads of state participating this Thursday and Friday at the meeting of the Arraiolos Group in La Valletta, He pointed out that the most effected solution to protecting the borders of the EU is the common stance.
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Chamber of commerce
| September 14, 2017
Italian Business Day in DebrecenThe Italian Chamber of Commerce in Hungary (Camera di Commercio Italiana per l'Ungheria – CCIU) held an Italian Business Day event in Debrecen, E Hungary with the participation of the Italian Ambassador to Hungary, Massimo Rustico.
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Food industry
| September 13, 2017
New Coca Cola warehouse in HungaryCoca Cola HBC has established Hungary's largest food industry warehouse in Dunaharaszti, south of Budapest with an investment of HUF two billion (appr. EUR 6.5 million). The 6,500-sqm warehouse can store 8,4 million liters of goods.
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Music
| September 13, 2017
Bartók World Competition and FestivalSeven violinists, including two Hungarians, have passed to the September 14 final of the Bartók World Competition and Festival in Budapest held on the occasion of the 135th birth anniversary of the world famous Hungarian composer, Béla Bartók.
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Engineering
| September 12, 2017
Diehl Aircabin engineering centerThe Hungarian Government is providing HUF 968 million (EUR 3.15M) in funding towards Diehl Aircabin Hungary Ltd’s HUF 2.76 billion (EUR 9M) project to develop an engineering center in Debrecen, eastern Hungary, creating 150 new workplaces.
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Transport industry
| September 12, 2017
FlixBus establishes Hungarian officeGerman-owned passenger transport company FlixBus has opened a Central Eastern European regional office at the Népliget Bus Station in Budapest in order to coordinate its Hungarian, Romanian and Bulgarian networks.
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Int'l relations
| September 12, 2017
Croatian president visits BudapestCroatia's President Kolinda Grabar-Kitarovic arrived in Hungary this Tuesday. She met with President János Áder and PM Viktor Orbán with the purpose of clarifying why the Hungarian government voted against Croatia's membership in OECD.
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Conference
| September 11, 2017
WHO regional conference in BudapestHealth ministers and high-level representatives of the 53 Member States of the WHO European Region as well as partner organizations and civil society take part in the 67th session of the WHO Regional Committee for Europe in Budapest until September 14.
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Motion picture
| September 11, 2017
Jameson CineFest  in MiskolcThe 14th annual Jameson CineFest, opened with the screening of ‘Shortcuts’ aka ‘Cutting it Short’ (1981) in the northeastern Hungarian city of Miskolc with the director, Jiři Menzel and the leading actress, Magda Vásáryová as special guests.
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Hungarian gov't vs. EU
| September 8, 2017
Hungarian gov't willing to acknowledge EU court rulingIn his regular Friday morning appearance on state radio, Hungarian PM Viktor Orbán announced that "we must acknowledge the European Court of Justice’s ruling in the migrant quota lawsuit," in which the legality of the EU migrant quota system was upheld.
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Festival
| September 8, 2017
Budapest Wine Festival 2017Over 200 Hungarian and foreign exhibitors with thousands of different wines await visitors at the 26th Budapest Wine Festival in the Buda Castle until September 10. The guest of honor country at this year's event is Chile.
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Transport industry
| September 8, 2017
Waberer's shares in the BUX basketThe Hungarian trucking company WABERER’S INTERNATIONAL Plc. has announced on the website of the Budapest Stock Eschange (BUX) that its series “A” dematerialised, registered ordinary shares are to be included in the BUX basket with a weight of 0.91%.
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| September 7, 2017
Oldest Hungarian film studio 100 years old It was a hundred years ago that Sándor Korda - later to be known as Alexander Korda - and his associates pőened Hungary's first film studio (the 7th oldest in the world) at a location that is still a TV and film production facility in Budapest.
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Airline industry
| September 6, 2017
Budapest-Madrid winter season flightsIberia, the Spanish national airline, has announced that, unlike in previous years, it will operate flights between Budapest and Madrid in the winter season from 2017, with three weekly flights on Wednesdays, Saturdays and Sundays.
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Automotive industry
| September 6, 2017
New aluminium pressing plant in SzékesfehérvárSPA Profiles Ltd. is constructing a new pressing plant in Székesfehérvár, SW of Budapest. The HUF 6.8 billion forints (EUR 22.2 million) investment by one of the world’s leading automotive industry suppliers is expected to create 120 new jobs.
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Motion picture
| September 5, 2017
On Body and Soul - the Hungarian Oscar entry'On Body and Soul', a 2017 Hungarian drama film directed by Ildikó Enyedi has been chosen by a committee of experts as the Hungarian entry for the next Academy Awards. Earlier this year, the movie has already won the Golden Bear award in Berlin.
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Leisure
| September 4, 2017
Runway run at Budapest AirportThis is the fifth year that Budapest Airport organized its hugely successful charity running race the Runway Run, an event unique in the whole of Europe. This past week-end, the airport operator closed runway No. 1 - or actually opened it for over a thousand runners.
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Festival
| September 4, 2017
Furmint Festival in MádThe village of Mád in Hungary's world-renowned Tokaj wine region in a unique place in the world in that 80% of the grapes grown in its terrtory is of the Furmint variety. This year's edition of the annual Furmint festival took place this past week-end.
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Oil industry
| September 1, 2017
MOL celebrates Hungarian oil exploration anniversaryThe Hungarian oil and gas trust MOL celebrates the 80th anniversary of its first exploratory drilling that took place in Budafapuszta, Zala County in SW Hungary. In the rest of the year, MOL is to start drilling for oil and gas in eastern Hungary.
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Int'l relations
| August 31, 2017
V4 and Eastern Partnership meeting in BudapestForeign ministers of the Visegrád Four (V4) and Eastern Partnership countries meet in Budapest to discuss the Partnership’s future as well as preparations for the Eastern Partnership’s November summit as the central points.
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Photography
| August 31, 2017
World’s first permanent Capa exhibition opens in BudapestThe world’s only permanent exhibition of Robert Capa’s photographs will open in October in the Hungarian capital, Budapest, at the recently refurbished Capa Centre. The news was announced on Tuesday on the occasion of the day of Hungarian photography.
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Automotive industry
| August 30, 2017
New SMR projects in HungarySMR, a global automotive supplier from India, starts two projects eastern Hungary. The one worth EUR 10 million covers a new manufacturing hall for rear-view mirrors, while a EUR 16 million development is to expand the bumper part manufacturing capacity.
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Hungarian economy
| August 30, 2017
More payment terminals subsidized in HungaryThe official Hungarian Gazette has published a government resolution according to which the cabinet spends an extra HUF 2.4 billion on the deployment of another 30,000 bank card acceptance points as promised earlier.
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Airline industry
| August 30, 2017
Ryanair to connect Budapest with the north of SpainAs of next April, the Irish low-cost carrier Ryanair will start a new route between Budapest and Santander in northern Spain after an agreement with the government of the province of Cantabria, according to the daily El Diario Montañés.
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Hungarian economy
| August 29, 2017
Economic sentiment index close to its peakGKI’s economic sentiment index reached its historic peak in July. According to the empirical survey conducted by GKI with the support of the EU, the business confidence index fell slightly in August. However, consumer expectations increased a bit.
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Languages
| August 29, 2017
Survey of youth language skills in HungaryThe Hungarian government is going to launch a survey of the language skills and language knowledge of young people in the country as part of the new strategy on the development of the efficiency of teaching foreign languages.
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Travel
| August 29, 2017
Lonely Planet's favorite Budapest quartersThe website of Lonely Planet, the largest travel guide book publisher in the world, has picked five Budapest neighborhoods as recommedned for those visiting the Hungarian capital - all of them districts in the downtown area along the river Danube.
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Foreign relations
| August 28, 2017
Russian president visits BudapestRussian president Vladimir Putin paid a visit to the Hungarian capital this Monday - for the second time this year. At the World Judo Championships, where he is the honorary president of the world federation, he met with Hungarian PM Viktor Orbán.
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Hungarian society
| August 28, 2017
Hungarian population decreases furtherThe number of deaths considerably and that of births slightly increased in Hungary, as a result of which natural decrease grew from 19,903 in the first half 2016 to 25,192 persons in the first six months of 2017, which meant an increase of 27%.
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Ambassadors
| August 28, 2017
Ambassadors' meeting in BudapestAddressing the autumn meeting of diplomatic mission leaders, Minister Péter Szijjártó asked those present to not allow themselves to be swayed from the standpoint according to which the security situation in Europe can in fact be improved and restored.
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Zoo
| August 25, 2017
The night of zoosThe last Friday night of August is traditionally the day of the night of zoos, During this night, this time that of August 25, twelve animal parks aceoss the country welcomed visitors with extended opening hours and unique programs.
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Aerospace industry
| August 25, 2017
Aeroplane manufacturing plant to be built in PécsHungarian-owned Magnus Aircraft Cls. is building an aeroplane manufacturing plant in Pécs, southern Hungary. The Hungarian government is contributing approximately 40% of the costs, (HUF two billion) in non-returnable funding.
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Food industry
| August 24, 2017
Region's largest tomato processing plant opensThe Hungarian Univer Product Co. Ltd. has opened Central Europe’s largest tomato processing plant in Kecskemét, southeast of Budapest. The Hungarian government contributed almost half of the investment costs of the project.
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Military
| August 24, 2017
British-Hungarian joint military exercisesThe British and Hungarian air forces have held joint exercises over western and northeastern Hungary. The exercises that ended this Thursday were directed from the Szentgyörgyi Dezső Hungarian Air Force Base in Kecskemét, SE of Budapest.
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Pharmaceutical industry
| August 23, 2017
Xellia Pharmaceuticals testing center opensThe latest development by the Danish pharmaceutical company Xellia Pharmaceuticals has been completed at its Kőbánya site in Budapest. The laboratory constructed as part of a development of EUR 11 million will operate as a testing centre for active ingredients.
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Monetary policy
| August 23, 2017
Upgraded banknote to appear in HungaryThe National Bank of Hungary will continue its program of upgrading Hungarian forint banknotes . As part of the program. The Bank says it will issue into circulation an upgraded 1,000-forint note with new design elements and new security features.

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Migration
| August 22, 2017
Hungarian police to Macedonia and SerbiaHungarian police, who will be taking part in border control operations, have set off for Serbia and Macedonia, to help local authorities reinforce border security along the Macedonian-Greek and Serbian-Bulgarian borders.
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Energy industry
| August 21, 2017
Coal power station to set up solar panel farmMártrai Erőmű, the second largest power plant in Hungary, will implement the country's largest solar farm with a capacity of 3×20 MegaWatts, according to the Hungarian political daily Népszava. Two of the three units will be completed in 2018.
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Private visit
| August 21, 2017
Japanese prince and princess visiting HungaryJapan's Prince Akishino and his eldest daughter, Princess Mako, are on a private trip to Hungary. On Sunday, they visited a pig farm in Bugac, southeast of Budapest, while earlier, they were welcomed at the Museum of Ethnography in the Hungarian capital.
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Information technology
| August 18, 2017
NNG wins International Business AwardsAn international jury of more than 200 executives worldwide awarded NNG with three International Business Awards for one of its development solutions, as well as its recent marketing and internal communication campaigns.
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Terrorism
| August 18, 2017
Hungarian injured in Barcelona van attackThere is a Hungarian national among those injured in the Barcelona attack: a Hungarian woman is lightly injured, but she has already been released from hospital, Levente Magyar, State Secretary of the Ministry of Foreign Affairs and Trade said.
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Festival
| August 17, 2017
2017 Sziget Festival ends in HungaryOne of Europe's biggest cultural – mainly music and arts – festivals, the Sziget Festival (this time, the 25th, jubilee edition), ended this Tuesday, having had a total number of 452.000 visitors attending the seven-day event from over a hundred countries.
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Cultural institute
| August 17, 2017
An open window to Spanish cultureAs part of the Spanish Focus of Diplomacy&Trade, the Director of the Institute in Budapest, Iñaki Abad Leguina talks about the role of the institute in the Hungarian capital in disseminating Spanish culéture and in teaching the Spanish language.
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Airline industry
| August 17, 2017
Flying horses spotted at Budapest AirportFourteen racehorses bred in Hungary were flown to China last week, on board Cargolux’s Boeing 747. The Friesian and Shagya Arabian horses, trained specifically for combined driving, took off from Budapest Airport in special freight containers.
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Music
| August 16, 2017
Elvis Presley remembered in BudapestHungarian fans of Elvis Presley held a candle-lit commemoration event in Budapest's Elvis Presley Park on the 40th anniversary of the death of the legendary American singer. One of the performers was the Hungarian Elvis Tribute Band.
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Airline industry
| August 16, 2017
Daily flights between Budapest and PhiladelphiaAs of May 4, American Airline, the world's largest airliner, will have scheduled daily flights between the Hungarian capital and the city of Philadelphia on the east coast of the United States, according to a communiqué by Budapest Airport and the US airliner.
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National holiday
| August 15, 2017
India's independence celebrated in HungaryThe Ambassador of India, Rahul Chhabra invited guests to his residence in the Buda Hills for the celebration of the 70th Anniversary of India’s Independence. The flag hoisting ceremony was followed by greetings and the reading of the President’s message.
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Tourism
| August 15, 2017
Government funding for E Hungary tourismThe northeastern Hungarian region involving the city of Debrecen, the town of Hajdúszoboszló, the Hortonágy National Park area and the Lake Tisza reservoir have been given HUF billions for development in a program lasting until 2030.
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Festival
| August 15, 2017
Seven Meadows’ Land Festival The 16th Seven Meadows’ Land Festival, which is the largest cultural event in the Őrség region in SW Hungary, icontinues until Sunday, August 20. It includes plenty of concerts and performances by well-known Hungarian musicians.
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Ambassadors in Budapest
| August 14, 2017
Ambassadors at the Sziget FestivalThe representatives from the embassies of eighteen countries and that of the Budapest mission of the European Commission were present at the event organized for them on the occasion of the quarter-of-a-century jubilee of the Sziget Festival.
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Festival
| August 14, 2017
India Magic Festival in BudapestThe 'Palace of the Soul' in the Buda Hills in Budapest presented a day of Indian atmosphere this past Sunday with Eastern style dances, cooking on open fire, traditional music instruments, fire ceremony and colorful stage performances.
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Public service
| August 11, 2017
Growing Hungarian state administrationThe size of Hungarian state administatration is contantly growing despite earlier promises to cut it. While the Orbán government spent 7% of all expenses for the wages of government employees in 2010, this figure in 2018 is expected to be 12%.
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Banking
| August 11, 2017
More MFB info pointsLending is gaining more and more importance as the pace of economic growth is accelerating, Minister for National Economy Mihály Varga said at the opening of a Hungarian Development Bank (MFB) info point at an OTP Bank branch in the third district of Budapest.
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Real estate
| August 11, 2017
Graphisoft Park expands furtherAccording to information published at the website of the Budapest Stock Exchange, in the framework of the developments tby Graphisoft Park, there will be 20,000 m2 office space and underground parking for 750 cars constructed by 2018.
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Gastronomy
| August 10, 2017
Sugar-free cake of the country'Dotted Annie', a cake without added sugar by Zazzi Confectionery has won Hungary's 2017 Sugar Free Cake Competition announced annually by the One Drop Drop Foundation together with the Association of Hungarian Confectionery Manufacturers.
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Public transport
| August 10, 2017
Airport bus successful in BudapestThe new direct bus link between downtown Budapest and the Liszt Ferenc Airport of the Hungarian capital is a real 'gold mine' for the Budapest Transport Center (BKK) commissioning the service, the Hungarian news website 444.hu reports.
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Tourism
| August 9, 2017
Twelve-percent increase in tourism nightsIn June 2017, the number of nights spent by international tourists in Hungary increased by 16% and that of nights spent by domestic tourists by 8.8% compared to the level a year earlier, Hungary’s Central Statistical Office (KSH) has reported.
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Festival
| August 9, 2017
Sziget Festival kicks offOne of Europe's biggest cultural - mainly music - festivals, the Sziget Festival on Óbuda Island (hence the name) on the River Danube has opened its gates. Programs at the anniversary, 25th Sziget Festival start this Wednesday.
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Economic forecast
| August 9, 2017
Property market outlook over its peakIn July, the GKI real estate indices for Budapest and Hungary stood at 1 and 0 points respectively. Both figures dropped slightly by one point, compared to the previous survey. Both indices went up 2 points, compared to the survey made one year earlier.
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Ambassadors in Budapest
| August 8, 2017
Great opportunities aheadOn the occasion that Spain and Hungary mark the 40th anniversary of diplomatic relations this year, the Ambassador of the Kingdom of Spain to Hungary, José Ángel López Jorrin talks to the latest issue of Diplomacy&Trade.
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Real estate
| August 8, 2017
Budapest's Eiffel Palace sold againThe National Bank of Hungary has sold heritage protected Eiffel Palace, a downtown office building in the vicinity of the Nyugati railway station in the Hungarian capital, to the Luxembourg-based Corpus Sireo Real Estate investment fund for EUR 53.8 million.
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Hungarian economy
| August 7, 2017
Budget surplus produced by higher tax revenue In the month of July 2017 the state budget posted a surplus of HUF 94.4bn, thanks mainly to higher-than-expected tax revenues, according to a statement about fiscal data by the Hungarian Ministry of National Economy.
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Tourism
| August 7, 2017
Balaton Uplands among the best places in EuropeMastercard has compiled a list of 'Europe's hidden treasures' with Balaton Uplands, the area along the northern shore of Lake Balaton, Central Europe’s largest freshwater lake, in Western Hungary, making it to the list in position 15.
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Banking
| August 4, 2017
Hungary's OTP buys bank in SerbiaThe Serbian unit of the largest Hungarian Bank OTP has bought the Serbian Vojvodjanska Banka from the National Bank of Greece for EUR 125 million. The deal also includes other Serbian units of the National Bank of Greece.
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Weather
| August 3, 2017
Extreme heat in HungaryThe Hungarian Meteorological Service (OMSZ) has warned that daytime highs could be around (or above) 40 degrees Celsius for the rest of the week, especially on Friday. Accordingly, a heat alert has been declared for the entire country until August 4.
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Energy industry
| August 3, 2017
New ALTEO projects in the pipelineThe Hungarian energy services firm ALTEO could launch new projects in a total value of close to HUF ten billion (some EUR 32 million): three power plants utilizing a total of 18.1 MW of solar power, and a 2 MW wind power plant.
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Agrarian industry
| August 2, 2017
British expert to head Syngenta HungaryAs of August 1, Matthew Prickard took over as the General Manager of Syngenta Hungary, replacing Tibor Czigány who moves on to work in Syngenta's African division. Matthew Prickard arrived to Hungary from the firm's Scandinavian division.
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Food industry
| August 1, 2017
European consumers help Heineken sales increase Heineken, the world’s second-largest brewery company, has published its results for the first half of 2017 and the numbers are quite good. Strong sales in Europe were the main reason including a double-digit growth in Hungary.
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Monetary policy
| August 1, 2017
Two Hungarian banknotes out of circulationThe National Bank of Hungary (MNB) has warned that as of this Tuesday, only the new 2,000 and 5,000 forint banknotes will be accepted in stores. On July 31, the central bank has withdrawn from circulation old notes that had been issued before 2016.
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Hospitality
| July 31, 2017
Success, passion and commitmentGrupo Iberostar, one of the most important Spanish companies in the world, celebrated 60 years of history. Six decades working with its customers and employees on a journey has positioned it at the forefront of the industry with hotels in 16 countries.
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Hungarian economy
| July 31, 2017
Industrial prices are up in HungaryAccording to newly published figures by the Hungarian Central statistical Office, industrial producer prices as a whole were 1.5% higher in June 2017 than in the same period of the previous year. Domestic output prices increased by 3.2% on average.
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Economic forecast
| July 31, 2017
New economic sentiment indexGKI's economic sentiment index and the business confidence index have never been as high as now so far during its more than twenty years of history. The empirical survey was conducted by GKI with the support of the EU.
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Real estate
| July 28, 2017
Apartment prices soar in Budapest  In 2016, the price of apartments for sale increased by 13% year on year, and the rise in new home prices also exceeded 10% in Hungary. During the first quarter of 2017, the price increase continued in the real estate market.
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Construction industry
| July 28, 2017
Leier expands Hungarian plantLeier Hungaria Ltd., the Hungarian subsidiary of Austrian construction industry group Leier, is spending HUF 7 billion (EUR 23 million) on expanding its six Hungarian construction material plants, creating a hundred new jobs.
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Investment
| July 27, 2017
Hübner expands in NyíregyházaGerman-owned Hübner Ltd. will expand its vehicle industry production facility in Nyíregyháza, NE Hungary with an investment of HUF 3.4 billion (some EUR 11 million), quarter of which is provided as subsidy by the Hungarian government.
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Airline industry
| July 27, 2017
Lufthansa to increase capacity to and from BudapestGerman air carrier Lufthansa will modify its timetable and increase its number of flights between Budapest and Frankfurt. Starting from 11 December 2017, it will fly on this route five times a day and will also have an adjusted timetable.
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Financial markets
| July 26, 2017
Hungary issues bonds in ChinaHungary is the latest country to enter the Chinese onshore capital markets, raising Rmb 1 billion in a three-year panda bond, the Financial Times reports.Thus, ut is the first country to have issued both offshore and onshore renminbi-denominated debt.
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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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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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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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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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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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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 covers 22% of its energy consumption from renewable sources and has reduced its specific water consumption by 13.8% since 2008.
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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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Hungarian gov't 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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Environment
| May 4, 2018
Four catering places in Budapest will break with the tradition of plastic cups and start offering beer in biodegradable, plant-based cups. With the spreading of environment-friendly Polylactic Acid (PLA) cups, the carbon footprint of companies may be reduced.
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Ambassadors in Budapest
Zeneemyadar Batbayar | February 5, 2018
In its WittyLeaks series, Diplomacy&Trade gives the opportunity to the leaders of diplomatic missions to share their personal experinces gathered while serving in Hungary. This time, here are the thoughts of the Mongolian ambassador, Zeneemyadar Batbayar.
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Motion picture
| January 23, 2018
The Hungarian movie 'On body and soul' has been shortlisted to be among the top five productions nominated for Academy Award in the best Foreign Language Film category. This is the tenth Academy Award nomination for Hungary in this category.
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Festival
| January 11, 2018
Great talents from all over the world have gathered in the Hungarian capital for an exciting and inspiring competition at the 12th Budapest Circus Festival. It is a festive year of the 250th anniversary of the birth of the modern circus art in Europe.
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Music
| January 9, 2018
The Japanese Ambassador to Hungary, Kuni Sato handed over Japan's state award, the Order of Gold and Silver Rays of the Rising Sun to Kossuth Prize winner Hungarian conductor Dénes Szabó in the Kodály Zoltán Primary School in Nyíregyháza.
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Diplomacy
| January 8, 2018
It was forty years ago, in January 1978, that the United States returned to Hungary the alleged crown of Hungary's first king Stephen I (St. Stephen). On this occasion, a conference was organized at the Pázmány Péter University in Budapest.
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Motion picture
| January 3, 2018
The Hungarian short film 'Long way home' has received the 'Best Picture' title at the latest Los Angeles Film Awards. Directed Sándor Gál, the production was also named as the 'Best narrative short' film at the competition.
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Festivities
| December 19, 2017
The event 'Advent Festivity at the Basilica' in Budapest finished 4th among the Christmas fairs of Europe at the continent-wide public voting organized by the Brussels-based travel portal 'European Best Destinations'.
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Motion picture
| December 13, 2017
During the recent Italian week in Budapest, the movie ‘Finché c'è prosecco c'è speranza’ (As long as there is prosecco, there is hope), which debuted at Festival Venezia 2017, was screened for the first time in Hungary and followed by a tasting of the famous wine.
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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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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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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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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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