Júlia Király, a former Deputy Governor of the National Bank of Hungary (NBH) will continue her career at KBC Group as member of the Board of Directors, the Belgian bank has announced. In the Board, she is going to replace Professor Dirk Heremans.
Júlia Király, a former Deputy Governor of the National Bank of Hungary (NBH) will continue her career at KBC Group as member of the Board of Directors, the Belgian bank has announced. In the Board, she is going to replace Professor Dirk Heremans.
The BMW Group has been in contact with over 200 suppliers in Hungary and currently, it purchases different components directly from 54 active partners in the value of about EUR one billion. These companies employ in Hungary a total of appr. 10,000 people.
The Hungarian Banking Association considers free cash withdrawals just passed by lawmakers unfair and also detrimental on a social level. The new law requires banks to offer ATM withdrawals for free, yet pay tax on the transactions.
The official home of Russian Culture in Hungary, the Russian Cultural Center of Budapest offers a wide range of programs in the field of arts, education and science. The Director of the Center Valery Platonov described the institution for the readers of Diplomacy & Trade.
This year, the Diplomatic Spouses Budapest (DSB) will hold its annual Diplomatic charity fair InterContinental Hotel, November 24th showcasing unique handcrafted products from different countries and presenting unique tastes from all around the world.
New Hungarian foreign trade figures published by the Central Statistics Office (KSH) show a promising pickup. Data show an increase both in exports and imports for September and the trade surplus has not been this large since early 2011.
After being shuttered up for more than five years, Budapest’s Erkel Theater officially reopened on November 7, the birthday of the great Hungarian composer, Ferenc Erkel, and appointed as the Day of Hungarian Opera from now on.
The President of the European Economic and Social Committee (EESC), Henri Malosse has been received by the European Chamber (EuCham) in Budapest, where they discussed achievements and high-profile projects of both institutions.
Russian-Hungarian relations today are not burdened by any serious problems. They are calm, business-related and pragmatic relations. This is the gist of the article the Ambassador of the Russian Federation to Hungary wrote for Diplomacy & Trade.
A total of 4,077 new dwellings were built in Hungary in the first nine months of 2013, 37% fewer than a year ago, the Central Statistics Office (KSH) has reported. The number of dwellings put to use decreased in all regions, only the capital city saw a 3% rise.
Kalegran Ltd, a subsidiary of the Hungarian energy group MOL, found discoveries in the Akri-Bijeel block to be commercial grade, at the Bijell-1 and Bakrman-1 wells of the block, located in the Kurdistan region in the northern part of Iraq.
Hungarian Foreign Minister János Martonyi received his Lithuanian counterpart, Linas Linkevicius n Budapest They had an overview of bilateral relations and the two countries' participation in regional cooperation activities.
A shop of products from India and other ‘exotic’ places, as well as a provider of Ayurvedic and Yoga services, in downtown Budapest caters to foreigners and Hungarians alike. It is also an 'institution' that helps attract Indian businesses to Hungary.
The unveiling of the bust of legendary Hungarian football player Ferenc Puskás by Real Madrid President Florentino Pérez, the of Spanish football giant launched a series of commemorative events celebrating the life and impact of the mythical player.
This November will see two automotive exhibitions in Budapest: the traditional ‘Autótechnika’ (of automobile service and maintenance) and the new ‘Automotive Hungary’ that covers manufacturing and the affiliated fields in Hungary.

