Hungarian oil and gas company MOL says that if the company decides to sell its shares in its Croatian subsidiaryINA , it will consult with the Croatian government as a potential buyer. The issue is raised as MOL's CEO is wanted in Croatia for questioning.
E.ON has concluded an agreement to sell its 100% stakes in E.ON Földgáz Trade and E.ON Földgáz Storage to MVM Hungarian Electricity Ltd. The purchase price for both companies, including the assumption of debt, is around €870 million.
The guest of honor of the 7th annual Aquaprofit Polgár Chess Festival in Budapest was former Russian world champion Garry Kasparov who accompanied the three famous Hungarian Polgár sisters, Judit, Zsófia and Zsuzsa.
The oldest living Olympic Champion, Sándor Tarics, who won gold in the 1936 Olympics with the Hungarian water polo team turned 100 this past Monday. He was honored by the International and the Hungarian Olympic Committee.
Cigarette sales have declined dramatically in Hungary, statistics published by the National Tax and Financial Control Administration (NAV) showed. In the meantime, there are more and more reports of illegal trading of tobacco in the country.
“Our mission is to create and offer Hungarians innovative and unique programs in education and the arts that explore the evolving diversity and richness of French culture,” said the Director of the French Institute in Budapest, Francois Laquieze.
Danish medical supplies company Coloplast will expand its production capacities in Hungary over the next two years. "We're growing year by year and need therefore more space and more production capacity," said Coloplast CEO Lars Rasmussen in a statement.
“A country that has a difficult language and produces great wines cannot be a bad country!” That is how the Ambassador of the Republic of France to Hungary, Roland Galharague draws a parallel between Hungary and France.
September 29-30 this year will see the 1st Best of Budapest & Hungary Gala outside Budapest that will be organized in the spa town of Sárvár, Western Hungary along with the 'Destination Hungary' hospitality and tourism conference.
50-60 people (diplomats and businesspeople as well as members of the French community in Budapest) attended the latest meeting of the Diplomacy & Trade Business Club (‘The Club’) that presented the paper’s recent French country focus.
September 5th is the day of passing away of Mother Teresa, a day commemorated all over the world, a day in which humanity is called for action to help the poor of the poorest, something that Mother Teresa did all of her life.
Croatia’s anti-graft authority USKOK has summoned Zsolt Hernádi, Chairman-CEO of Hungarian fuels group MOL, for a hearing on September 25 as a suspect in a bribery case that resulted in a ten-year prison sentence for Croatia’s former Prime Minister.
The Hungarian Banking Association cannot accept the ultimatum given to financial institutions by the government, because the banks cannot solve the problem of foreign currency mortgages on their own, without a contribution by the state.
The new Brazilain Ambassador to Hungary, Valter Pecly Moreira, invited guests to the Institute and Museum of Military History in the Buda Castle celebrate the Opening Reception of the Brazil Week on the occasion of the country's National Day.
The new Brazilain Ambassador to Hungary, Valter Pecly Moreira, invited guests to the Institute and Museum of Military History in the Buda Castle celebrate the Opening Reception of the Brazil Week on the occasion of the country's National Day.
