In its WittyLeaks section, Diplomacy & Trade carries articles written by ambassadors accredited to Hungary on topics that are outside their official duties. For a recent issue, the Austrian Ambassador, who has since left Hungary, wrote the following story.
“Hungary's primary appeal is its well-trained workforce,” Ferdinando Beccalli-Falco, President and CEO of GE Europe pointed out as his company opened a Global Operations Center in Budapest. The opening was also attended by the Hungarian Prime Minister.
“Hungary's economy has produced the best results in more than ten years, with the country arriving at the threshold of a great era of prosperity,” Prime Minister Viktor Orbán claimed this Sunday. The opposition said his speech “lacked reality."
The recent United Kingdom country focus in Diplomacy & Trade featured an article on the recognition by Queen Elizabeth II of the doctor of the British Embassy in Budapest, Dr. Anna Gedeon, for her dedicated services to the Embassy staff.
The governments of Hungary and China have issued a joint statement in order to deepen bilateral cooperation at the end of Prime Minister Viktor Orbán’s official visit to Beijing. During the visit, a number of bilateral and business agreements were signed.
The Diplomacy and Trade Business Club will soon present its annual Valentine's Day Gala, traditionally at Corinthia Hotel Budapest. This year, prepare for a splendid carnival atmosphere with Brazilian dancers, Venetian masks and even a costume contest!
Hungary’s vehicle manufacturing industry produced some EUR 18 bn last year, which amount constitutes 18% of the total Hungarian manufacturing industry output, 10% of Hungary’s GDP and 18% of total Hungarian exports.
Hungary’s IND Group, which has grown from a garage company at the end of the 1990s into a leading innovator in digital channels solutions, has been acquired by Misys, a global giant of financial technology solutions, Mysis announced.
The Chairmanship of the EU-Chambers of Commerce in Hungary has been taken over by the Swedish Chamber of Commerce in Hungary whose President, János Takács became the Chairman of the EU-Chambers of Commerce in Hungary.
The recent country focus section on the United Kingdom in Diplomacy & Trade featured the 'UK Trade & Investment' as an organization that adapts to changing circumstances in Hungary and internationally, using the ‘Britain Open for Business’ strategy.
Hungary is represented by producers, processors, traders, research institutions and consultants at the "Fruit Logistica" international exhibition and fair in Berlin, the Hungarian Fruit and Vegetable Interprofessional Organisation (FruitVeB) announced.
The National Debt Management Agency says that on January 31, the central government debt amounted to HUF 22,842 billion (appr. EUR 75 billion), that is an increase of HUF 843.9 billion (3.8%) compared to the year-end debt of 2013.
BAT Pécsi Dohánygyár Kft., the subsidiary of British American Tobacco (BAT) in Pécs, southern Hungary, has announced that it will establishe a new factory there with an investment of HUF 9 billion (approximately EUR 30 million).
As the Ambassador of the United Kingdom, Jonathan Knott explained in a recent interview with Diplomacy & Trade, the primary task he set for himself when he presented his credentials in February, 2012 was to significantly increase the volume of bilateral trade.
On January 1st, Greece assumed the Presidency of the Council of the European Union for the fifth time. On this occasion, Diplomacy & Trade asked the Greek Ambassador to Hungary, Dimitris Yannakakis to summarize the program of the Presidency.
