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New Sales Representation for EVA Air in Hungary

D&T
Oct 18, 2019

Taiwan-based five-star airline EVA Air has chosen the Hungarian office of Central European Aviation Solutions Ltd. (CEAS) for sales and marketing. Representing the airline's Vienna office at the announcement in Budapest were Edward Ho. Herbert Hsieh and Philipp Wagner. EVA Air’s Director for Central and Eastern Europe, Edward Ho, said he trusted the cooperation would […]

Venus Transit 250th anniversary commemoration

Cold Dogs for Lunch...

These things in the title and subtitle have nothing in common, but they are in a way representative of some funny and interesting things that I have encountered since I started working for the Norwegian Ministry of Foreign Affairs in 1980. So, here are three unrelated ‘episodes’ from my life as a diplomat. When joining […]

Qatar Airways Boeing 787

Qatar Airways' Third Gateway to Malaysia

D&T
Oct 17, 2019

Qatar Airways held a press conference in Doha to celebrate the launch of its inaugural flight to Langkawi, Malaysia. The four-times-weekly flights to Langkawi will be operated by a Boeing 787 Dreamliner, expanding to five-times weekly from October 27 this year. Hosting the event, Qatar Airways Group Chief Executive, Akbar Al Baker highlighted the award-winning […]

HEPA CEO Balázs Hendrich

Extending a Helping Hand

D&T
Oct 17, 2019

Establishing a presence in a foreign market can often bring about unexpected diff iculties stemming from cultural and linguistic differences, divergent business cultures or lack of specif ic knowledge about market conditions. Hungary’s Export Promotion Agency offers decades of knowhow and expertise to businesses seeking to venture outside Hungary, even to far-flung countries like China, […]

World Food Day in Hungary

Food Donation Convoy Carries Record Load on World Food Day

D&T
Oct 17, 2019

Trucks loaded with food donations queued in central Budapest on World Food Day, in a bid to call attention to food waste and the importance of healthy diets. Beyond raising awareness, the joint action of FAO and the Hungarian Foodbank Association was also designed to help Hungarian families in need. In a bid to emphasize […]

Chinese Ambassador DUAN Jielong

Chinese-Hungarian Relations Geared Toward Success

Edith Balázs
Oct 16, 2019

With Hungary the prime investment destination for China in Central and Eastern Europe, relations between the two countries are at their best and enjoy great momentum and broad prospects, Duan Jielong, Ambassador of the People’s Republic of China to Hungary tells Diplomacy&Trade in an in-depth interview. China’s Road and Belt initiative, embraced by Hungary, provides […]

The winners of the 2019 EIT Awards

EIT Awards Ceremony in Budapest

D&T
Oct 16, 2019

The European Institute of Innovation and Technology (EIT) has announced this year’s winners of the prestigious EIT Awards. Michael Dittel, LeafTech (Germany), Marc Julien, Diabeloop (France), Matthew Dickson, CorPower Ocean (Sweden/United Kingdom), Sara Guimarães Gonçalves, Trigger.Systems (Portugal), and David Pistoni Perez, Zeleros (Spain), were awarded for innovations in the fields of climate, energy and health. […]

Samsung SDI Hungary Director Kim Woochan

Samsung SDI to Expand Battery Production Plant

D&T
Oct 16, 2019

The second phase of Samsung SDI’s Hungarian investment nears completion with the construction of new buildings at the company’s business site in Göd, north of Budapest, now completed. The second phase will yield 1,200 new jobs and a significant increase in the plant’s battery cell production. The Japanese company invested EUR 1.2 billion to expand […]

Hungarian President opens 2019 Budapest Water Summit

Budapest Water Summit 2019 Opens

D&T
Oct 15, 2019

The 2019 Budapest Water Summit (BWS) has opened in the Millenáris Park in the Hungarian capital. The focus of the three-day conference is the prevention of a global water crisis, including water scarcity and pollution. The goal of the Budapest Water Summit, held October 15-17, is to draw the attention of the world’s political, economic, […]

Viktor Orbán and Turkish President Recep Tayyip Erdoğan

Orbán Held Bilateral Talks with Turkey's Erdogan in Baku

D&T
Oct 15, 2019

Hungarian Prime Minister Viktor Orbán met with Turkish President Recep Tayyip Erdogan in the Azeri capital of Baku where they both attended the meeting of the Turkic Council, Hungarian state news service MTI reports. Erdogan thanked Hungary for supporting Turkey on the international stage and for opening the first European office of the Turkic Council […]

Slight Increase in Industrial Production

D&T
Oct 14, 2019

The volume of industrial output grew by 0.3% year-on-year in August, Hungary’s Central Statistical Office reports. Based on working-day adjusted data, production rose by 2.7%. on a monthly basis, industrial output decreased by 1.2%, according to seasonally and working-day adjusted data. The volume of industrial exports increased by 2.0% year-on-year. Transport equipment exports, accounting for […]

Budapest mayor-elect Gergely Karácsony and representatives of Hungarian opposition parties

Hungarian Opposition Makes Headway in Municipal Elections

D&T
Oct 14, 2019

Scoring its biggest victory in a decade, Hungarian opposition parties conquered the capital Budapest in municipal elections held on Sunday as their candidate, 44-year-old Gergely Karácsony ousted incumbent István Tarlós, backed by the ruling Fidesz party. In addition to snatching the mayoral post from Fidesz, opposition forces - which supported a joint candidate in a […]

Municipal Elections in Hungary This Sunday

D&T
Oct 11, 2019

8 million 25,755 people are eligible to cast ballots for local government representatives and mayors in Hungary on Sunday, October 13. Such elections are held every five years. Chairman of the National Electoral Office, Ilona Pálffy told the Hungarian news agency MTI at a press conference this Friday about the main numbers characterizing the elections. […]

Hungary Moves Higher in Global Competitiveness Ranking

D&T
Oct 9, 2019

Hungary is the world’s 47th most competitive economy, according to the global competitiveness ranking of 141 countries published by the World Economic Forum (WEF). The country moved on spot higher from last year’s 48th place in the list, which continues to be topped by Singapore, followed the U.S. and Hong Kong, state news agency MTI […]

Hungary’s September Inflation Rate at Lowest Level Since January

D&T
Oct 8, 2019

Hungarian consumer prices were 2.8% higher in September than a year earlier and increased 0.1% from August, state news agency MTI says, citing data published by the Central Statistical Office. The headline inflation figure is the lowest since January 2019, mainly due to a 4.6% decline in fuel prices. Seasonally-adjusted core inflation, which strips out […]

Budapest Hotels Ranked Among the Best in Central Europe

D&T
Oct 8, 2019

Four hotels in Budapest made it to the list of the Readers’ Choice Awards published by Condé Nast Traveler. The ranking consists of the 20 best hotels in Central Europe, including Switzerland. The Aria Hotel Budapest by Library Hotel Collection ranks the highest among the Hungarian hotels in the 5th place, preceded by 4 Swiss […]

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