Friss hírek, aktualitások - Diplomacy&Trade http://www.dteurope.com Friss hírek, aktualitások - Diplomacy&Trade hu Hungarian PM receives Vietnamese Communist Party leader http://www.dteurope.com/diplomacy-and-life/events/hungarian-pm-receives-vietnamese-communist-party-leader.html The 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. Transmission manufacturing expanded in Eger http://www.dteurope.com/business-sectors/news/transmission-manufacturing-expanded-in-eger.html The 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 working there and the excellent infrastructure, too. E.ON connects own solar parks to national grid http://www.dteurope.com/business-sectors/news/eon-connects-own-solar-parks-to-national-grid.html Utility 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 souther-central part of the country. ADA opens new manufacturing hall in Körmend http://www.dteurope.com/business-sectors/news/ada-opens-new-manufacturing-hall-in-kormend.html As part of an investment of more than EUR 17 million of technology development and the construction of manufacturing halls, 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. 8-km motorway inaugurated in Hungary http://www.dteurope.com/business-sectors/news/8-km-motorway-inaugurated-in-hungary.html A 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. Kaspersky to be banned from Hungarian gov't computers http://www.dteurope.com/business-sectors/news/kaspersky-to-be-banned-from-hungarian-gov't-computers.html Hungary 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 recently passed decree approved earlier by the European Parliament, portfolio.hu quotes the business weekly HVG's website. Annual industrial production up by 4.2pc in Hungary http://www.dteurope.com/economy/news/annual-industrial-production-up-by-42pc-in-hungary.html In 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%. However, industrial output – according to the seasonally and working-day adjusted index –was down by 1.2% on the previous month. More new homes, decline in construction sentiment http://www.dteurope.com/business-sectors/news/more-new-homes-decline-in-construction-sentiment.html 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, the Hungarian Central Statistical Office (KSH) reports. Qatar Airways expands its services to Budapest http://www.dteurope.com/business-sectors/news/qatar-airways-expands-its-services-to-budapest.html 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, and will meet the increased demand of tourists visiting Budapest, in time for the busy summer holiday season. Diplomatic childhood http://www.dteurope.com/diplomacy-and-life/news/diplomatic-childhood.html In 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. BMW to build factory in Hungary http://www.dteurope.com/business-sectors/news/bmw-to-build-factory-in-hungary.html BMW 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. In the newly established plant, capacity will be up to 150,000 vehicles per year and will create more than 1,000 new jobs. Awards for Qatar Airways http://www.dteurope.com/business-sectors/news/awards-for-qatar-airways.html Qatar Airways has been named ‘World’s Best Business Class’ for third consecutive year by the 2018 Skytrax World Airline Awards. The airline also won - after 2016 - the Best Airline Audience Award in 2018, based on the readers' reviews of the magazine Business Traveler Hungary. New French Ambassador takes office in Budapest http://www.dteurope.com/diplomacy-and-life/news/new-french-ambassador-takes-office-in-budapest.html Mrs 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. Bosch expands its Budapest Engineering Center http://www.dteurope.com/business-sectors/news/bosch-expands-its-budapest-engineering-center.html The German multinational engineering and electronics company Bosch expands its Budapest Engineering Center with an EUR 120 million investment. In the new building complex housing creative spaces, innovation zones, and relaxation areas, Hungarian engineers will develop Bosch's self-driving systems and the Budapest unit will also have a considerable role in the German company's electromobility-related R&D activities. The first phase of the investment is set to be finished by 2021. World’s biggest bicycle producer expands to Hungary http://www.dteurope.com/business-sectors/news/worlds-biggest-bicycle-producer-expands-to-hungary.html Taiwan-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. Runway re-opened at Budapest Airport http://www.dteurope.com/business-sectors/news/runway-re-opened-at-budapest-airport.html One day before the scheduled deadline, Runway 1 of Liszt Ferenc International Airport in Budapest was re-opened for traffic. The first aircraft to take off from the new concrete was an Emirates Boeing 777-300 type aircraft departing to Dubai. The handover of Runway 1 was made urgent by the need to meet the demand of increased traffic in the summer peak more safely and more comfortably. Hungarian forint hits all time low http://www.dteurope.com/economy/news/hungarian-forint-hits-all-time-low.html The 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 for the Hungarian currency, the financial website portfolio.hu reports. Foundation stone laid for new Soft Flow center http://www.dteurope.com/business-sectors/news/foundation-stone-laid-for-new-soft-flow-center.html In 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, based on Scandinavian design. As a result of the investment, Soft Flow Hungary, which belongs to the Danish company of FOSS, will create more than 90 new jobs, thus quadrupling the number of its professionals. New US Ambassador presents credentials http://www.dteurope.com/diplomacy-and-life/news/new-us-ambassador-presents-credentials.html The 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. Ambassador Cornstein arrived in Budapest on June 22, 2018. The previous US ambassador, Colleen Bell left her post in January 2017. Seeking the country's best brewers http://www.dteurope.com/business-sectors/news/seeking-the-country's-best-brewers.html Sopron Brewery has announced a contest in which it is seeking the best home brewer and the most sophisticated beer experts. During the First Sopron Beer Competition, the company would like to find the Hungary's best porter and those judges who represent consumers in the jury.