Evaluating the past five years of his governing Hungary, Prime Minister Viktor Orbán said at a conference in Budapest that over the past five years the keyword for governance has been “strength”, but from now on it will be “attentiveness”.

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 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.

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.

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.

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.

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.

May 20 sees the start of the series of events called Italian Festival organized by the Italian Institute of External Trade (ICE) under the patronage of the Italian Embassy in Budapest and in collaboration with the Italian Cultural Institute.

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.

The situation in Hungary, following Prime Minister Viktor Orbán's remarks on the possibility of reinstating the death penalty there and the government’s public 'consultation' on immigration, were debated by European Parliament in Strasbourg this Tuesday.

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.

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.

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.

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.

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.