Denmark’s Grundfos, one of the world's leading pump manufacturers, is to build its fourth Hungarian pump factory in Székesfehérvár (60 kilometres west of Budapest) in a HUF 4 billion (EUR 13.46 m) green-field investment.

The largest tennis event of the year in East-Central Europe, the Budapest Grand Prix international women’s tournament - with prize money of USD 220,000 - takes place this year from April 30 to May 5 in the Hungarian capital.

The Hotel Le Méridien Budapest hosted the latest DT Club event where a constitutional expert spoke about the changes introduced by the current government. In the meantime, the news emerged that a new President is nominated.

Johnson Controls, a global leader in automotive seating, overhead systems, door and instrument panels and interior electronics, has launched production at a new facility in Kecskemét for the local Mercedes plant.

This year marks the 130th birth anniversary of the Hungarian composer, folk music expert and educator Zoltán Kodály. He is best known internationally as the creator of the Kodály Method, a music teaching method used across the world.

Few have realized that the countless faces of Brazil, occupying a territory almost as large as the United States, would still be shrouded in darkness had it not been for the emergence of civil aviation. Read on to discover more!

Hotel Thermenhof Paierl features a quiet and tranquil atmosphere, gourmet cuisine, top service and a private spa and wellness center with an impressive selection of services to restore and pamper guests at the highest level.

PHI Group, Inc., a company focused on energy and natural resources, announced that it has signed an agreement to acquire a 51% equity interest in Vietnam-Hungary Technological Application Joint Stock Company (VHC).

An informal gathering, organized by the group Diplomatic Spouses Budapest (DSB), was recently hosted at the Residence of the Royal Thai Embassy, bringing Thailand and Laos into the focal point of interest for the Hungarian audience.

Hungarian President Pál Schmitt has resigned from his post. His decision comes after the doctoral committee of the SOTE University in Budapest stripped him of his doctoral title as a result of findings that he copied most of his doctoral thesis.

The Hungarian Ministry for Foreign Affairs and the Ministry of Defence issued a joint statement at the anniversary of the signing and entering into force of the Treaty on Open Skies, which allows for unarmed observation flights over its participants.

Mercedes’ new plant was inaugurated in Kecskemét, East Central Hungary, on Thursday in the presence of Prime Minister Viktor Orbán and Dr Dieter Zetsche, CEO of Daimler AG. The day also saw the start of the production of the new B Class models.

The 1992 doctoral thesis by current Hungarian President Pál Schmitt was found to have contained "duplications" on the works of other authors but it was not his fault but that of the university that accepted his dissertation.

Budapest Week Publishing presented the most outstanding restaurants, hotels and vintners of the past year with the coveted Best of Budapest award during its Best of Budapest Gala 2012, one of the most exclusive events in the Hungarian capital.

In an interview published in the previous issue of Diplomacy and Trade, the Brazilian Ambassador to Hungary, Sergio Eduardo Moreira Lima says his objective is to enhance the diplomatic profile of Brazil and promote closer ties with Hungary.