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2013

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Júlia Király | Péter Kollányi / MTI

Hungarian bank expert appointed to KBC Group

D&T
Nov 18, 2013

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.

ZF Lenksysteme Hungária | László Tyukodi

BMW Group has 54 suppliers in Hungary

D&T
Nov 15, 2013

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.

| Sanjagrujic/Shutterstock

Bank complaint on government taxing free service

D&T
Nov 14, 2013

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.

| Ruscenter

Ruscenter in Budapest

Valery Platonov
Nov 13, 2013

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.

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Diplomatic Fair 2013 Budapest

D&T
Nov 12, 2013

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.

Mercedes factory in Kecskemét: Hungarian automotive production could be the force driving up exports | Dávid Harangozó

Promising Hungarian export figures

D&T
Nov 11, 2013

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.

Erkel Theater reopens in Budapest | opera.hu

Erkel Theater reopens in Budapest

D&T
Nov 8, 2013

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.

Michele Orzan (on the left) and Henri Malosse in Budapest | EuCham

EuCham receives European official

D&T
Nov 7, 2013

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.

House construction in Hungary | Béla Szandelszky

Hungary's dwelling construction continues to fall

D&T
Nov 5, 2013

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.

| Béla Szandelszky

Hungary's MOL finds oil in Kurdistan

D&T
Nov 4, 2013

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.

| Lajos Soós/MTI

Lithuanian Foreign Minister in Budapest

D&T
Oct 31, 2013

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.

Dr. Santosh Sharma | Dávid Harangozó

The face of India in Budapest

D&T
Oct 30, 2013

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 widow of Ferenc Puskás and Real Madrid Presdient Florentino Pérez at the inauguration of the Puskás bust in Madrid | József Takács

Puskás weeks in Madrid

D&T
Oct 29, 2013

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.

Press conference for the Automotive Hungary exposition in Budapest's Traffic Museum | Melinda Juhász

Automotive expositions in Budapest

D&T
Oct 28, 2013

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.

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