Friss hírek, aktualitások - Diplomacy&Trade Friss hírek, aktualitások - Diplomacy&Trade hu New French Ambassador takes office in Budapest 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 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 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 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 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 reports. Foundation stone laid for new Soft Flow center 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 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'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. 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. New Infineon building in Cegléd The 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. PRO ECUADOR opens representation office in Budapest PRO ECUADOR, Ecuador's trade development and investment promotion agency has opened a representative office in Budapest with the aim of promoting Ecuadorian exportable supply and investment climate on the Hungarian market and other Central Europe countries, 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, and will meet an increased demand by tourists transit travellers flying via Doha to Asia. India Festival and Yoga Day The third 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 the initiator of the festival, Ambassador Rahul Chhabra as well as a yoga teacher from India, Ankita Sood. Virtuosos: absolute winner 2018 Trombone 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'. Festive Book Week kicks off in Budapest Festive 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. EUR 1 bn Mercedes investment in Hungary Mercedes-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. German Chamber board elections and awards At 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. In addition, 20 companies were awarded the 'Reliable Employer' rating for the third time. Common past to respect and accept The 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. Italian Festival - for the 4th time It 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. Heineken's 'Drop the C' Hungarian final's-'drop-the-c'-hungarian-final.html A holistic solution covering the whole production process has won the Hungarian final of the HEINEKEN competition for innovation called ‘Drop the C’ program for renewable energy. With ‘Drop the C’ the company aims to grow its share of renewable thermal energy and electricity in production from the current level of 14% to 70% by 2030.