Budapest Airport remained closed on Friday afternoon and evening due to an electric problem affecting the control tower and is scheduled to be reopened at 10 a.m. on Saturday, December 8, but this could still be subject to change.
Budapest Airport remained closed on Friday afternoon and evening due to an electric problem affecting the control tower and is scheduled to be reopened at 10 a.m. on Saturday, December 8, but this could still be subject to change.
The 4th China Brands Exhibition and Forum opened on the 4th of December at AsiaCenter’s CBTC in Budapest. More than a hundred capital-intensive Chinese manufacturers exhibit their products for potential CEE business partners for three days.
Amiche dell’Italia, a Budapest based nonprofit organization organizes its annual Charity Gala Dinner on Monday, December 10. The venue is again Budapest's NOBU restaurant. Proceeds from this event will support the Budapest’s Heim Pál Children's Hospital.
Tens of thousands of people gathered in front of Hungarian Parliament in Budapest on Sunday afternoon for a demonstration organized in protest against anti-Semitic remarks by a radical Jobbik party MP's in the national assembly.
Flextronics International, the largest electronics manufacturing services provider in Hungary, has announced the layoff of 1,100 employees from its Zalaegerszeg plants. The staff cut starts on Monday and takes place in three stages.
Hungarian Prime Minister Viktor Orbán and E.ON Chairman-CEO Johannes Teyssen have signed a letter of intent, which states that state-owned energy firm MVM will buy the German utility company's gas trading and storage units located in Hungary.
The Japan External Trade Organization (JETRO) established its Hungarian office in 1992 with the purpose of further developing economic exchanges with Hungary. Diplomacy & Trade has recently published this article on this organization.
“I’m a Jew. I ask to be put on the Jobbik list,” says the sign at a demonstration, which was one of the protests against the words this Monday about “tallying Jews” by Márton Gyöngyösi, representing the far-right Jobbik party in Hungarian Parliament.
Budapest Airport is set to develop a new business park area on the southern edge of the airport. Although, the area has been out of use for long time, it was marked in the development plans as the site of a future business and commercial park.
The volume of Hungary’s retail sales declined by 0.4% month on month in September, which marks the continuation of this year’s forlorn trend. The sector suffered the biggest contraction of the past two and a half years in the third quarter.
Ratings agency Standard & Poor's (S&P) has downgraded Hungary from BB+ to BB, while keeping stable outlook for the country's debt. The Hungarian currency started to weaken but the Hungary dismissed the downgrading as a “hollow measure”.
The number of Hungarians studying abroad under the Erasmus student exchange project in the 2011/2012 academic year increased by about 4.5% compared to the previous year. the numbers have been steadily rising over the past years.
French vegetable producer Bonduelle has built a new, 5,000-square-metre warehouse in Békéscsaba, southeast Hungary, in a EUR 1.5 million investment project. The company says it has further investment plans lined up.
The International Monetary Fund (IMF) and the European Commission will wait for the approval of the 2013 budget and then there could be further development in the current negotiating stage, Hungary’s chief aid negotiator Mihály Varga said this Tuesday.
A recent issue of Diplomacy & Trade has run a piece on the Japanese organization SHOKOKAI in its Japanese country focus section. The organization is exchanging information that can be useful for the management of the Japanese companies present in Hungary.
