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May 2015

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Hungarian writer László Krasznahorkai | Thomas Andenmatten / krasznahorkai.hu

Man Booker International Prize won by Hungarian author

D&T
May 28, 2015

Innovative Hungarian writer László Krasznahorkai was chosen as the winner of the sixth Man Booker International Prize awarded for an achievement in fiction on the world stage. He was chosen from a list of ten eminent contenders from around the world.

Spouses of diplomats accredited to Budapest visit the porcelain factory in Herend | Noémi Bruzák / MTI

Diplomat spouses visit Herend and Tihany

D&T
May 27, 2015

Spouses of diplomats accredited to Budapest have paid a visit to the world-renowned porcelain factory in Herend and to the historical town of Tihany at Lake Balaton at the invitation of Anita Herczegh, the wife of Hungarian President János Áder.

Tire production at Hankook Hungary | Dávid Harangozó

Hankook completes expansion project in Hungary

D&T
May 26, 2015

South Korean tire maker Hankook has completed the third phase of a 313 million euro (HUF 4 billion) investment project in Hungary, in which it has expanded the production capacity of its local plant and added 950 jobs, portfolio.hu reports.

Son of Saul | source: Cannes Film Festival

Hungarian film wins Cannes Grand Prix

D&T
May 25, 2015

The Holocaust drama ‘Son of Saul’ won the Grand Prix at the Cannes Film Festival this Sunday. It is the highest ever recognition of a Hungarian moview at the Cannes Festival. The movie, directed by László Nemes, also collected three other prizes.

Sándor Kiss | Dávid Harangozó

A civilian engine of trade relations

Sándor Laczkó
May 22, 2015

The Hungary-Japan Economic Club (MJGK) was founded in 1971 to assist with information, events and contacts (companies and individuals) interested in economic co-operation between Hungary and Japan and to aid in the improvement of those relations.

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Disinfectant wins Swedish Chamber Gran Prize

D&T
May 21, 2015

The Swedish Chamber of Commerce in Hungary (SCCH) has awarded its 2015 Gran Prize to Prof. Zoltán Noszticzius for his patented method of producing hyperpure chlorine-dioxide, a strong but environmental friendly disinfectant.

| Dávid Harangozó

More action to come

Nándor Mester
May 19, 2015

The Nordic countries combined constitute the 5th largest economy in the EU and the 12th largest in the world based on GDP. All prefer to co-operate very closely and every one of those countries is more open to doing business than the OECD average.

Avnija Hafuzi | Dávid Harangozó

The Ecumenical Venture

Albanian and Hungarian relations extend over centuries,” Albanian Consul of Honor Avnija Hafuzi says in a recent interview with Diplomacy & Trade. The businessman speaks about a charity project he is currently involved in.

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EuCham on Competitiveness Index

D&T
May 16, 2015

European Chamber’s Competitiveness Index lists the countries based on the Global Competitiveness Index (GCI) improvement from the global financial crisis in 2008 to the present. Switzerland, Germany and Scandinavian countries are competitively dominant in Europe, Macedonia and Bulgaria are far behind.

| Dávid Harangozó

Brands are crucial at Podravka

D&T
May 16, 2015

Podravka Group realized HRK 92 million net profit in 2014, mostly owing to strong growth of the profitable margins in the segments of food and beverages. The company is expanding in Hungary and taking further steps to strengthen its position in the Central European region.

A supermarket advertising leaflet in Hungary | source: laktozerzekeny.hu

Hungarian government to tax ad leaflets

D&T
May 15, 2015

As a result of the amendment of legislation on the advertising tax, this levy is to generate more revenues than what the cabinet had previously estimated, the financial website portfolio.hu quotes local daily newspaper Népszabadság.

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Mlinar is to expand in Hungary

D&T
May 15, 2015

The Croatian bakery chain Mlinar is a relative newcomer in Hungary. Seven outlets have been opened in Budapest. The company planes to enlarge its market position, mainly in the capital via franchise agreements requirement, since it can offer to every franchisor a proven business model, know how, logistic and marketing support.

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