As of November 1 this year, only two companies will be allowed to sell tobacco products directly to Hungary’s national tobacco shops. Portfolio.hu says the new legislation practically squeezes out all other players and wholesalers from this market.
As of November 1 this year, only two companies will be allowed to sell tobacco products directly to Hungary’s national tobacco shops. Portfolio.hu says the new legislation practically squeezes out all other players and wholesalers from this market.
The Hungarian government has instructed Minister of the Interior Sándor Pintér to prepare for the closure of the Hungarian-Serbian border by next Wednesday; this will be achieved by erecting a four-meter-high fence to keep illegal immigrants out.
A recent report suggests that the typical amount sent by migrant workers back to their home country ranges from USD 1,500 to USD 3,200 annually. In 2014, Hungarians transferred to their families back home some USD 4.5 billion.
The last private gas provider for residential consumers on the Hungarian market, Tigáz has given up its household gas provision business. Recently three other large providers did the same after accumulating heavy losses due to government decrees.
The most successful female chess player of all times, Judit Polgár, a two times Chess Olympiad winner, has unanimously been appointed by the presidium of the Hungarian Chess Federation as the manager of the country's men's national team.
The Belgian Business Club in Hungary Association (Belgabiz) was officially presented on Thursday in Budapest, aiming to provide information-gathering services for companies interested in the development of Hungarian-Belgian economic relations.
The European Commission's Joint Research Center (JRC) and the European Academies' Science Advisory Council (EASAC) organized an event in Budapest this Wednesday to present a joint JRC-EASAC report on the "Management of Spent Nuclear Fuel and its Waste".
A summer storm with torrential rain hit the Hungarian capital this Tuesday, flooding cellars, underpasses and low-lying streets. Firefighters were called to help in 230 different places nationwide (including 160 occasions in Budapest).
The Hungarian government displays anti-immigrant billboards that are regularly defaced or torn off by those who consider this campaign xenophobic. The government claims the Hungarian language posters are to deter immigrants from coming to Hungary.
The Hungarian Pavilion for Expo Milano 2015 has been presented. The design, originally selected as second best in a public competition, reflects the theme of the Universal Exposition "Feeding the Planet, Energy for Life".
The Day of National Unity, according to the intentions of the current Hungarian government that introduced in 2010, marks the signing of the Treaty of Trianon that - following Hungary being on the losing side in World War I - reduced the country in size and population.
“Hungary and Croatia: two completely different languages but basically the same culture. That is why I, as a Croatian, feel like at home in Hungary," the Croatian Ambassador to Hungary, Gordan Grliæ Radman tells Diplomacy & Trade.
In an historic return, Spain's national carrier, Iberia, and its low-cost subsidiary, Iberia Express, have launched a six-days-a-week seasonal service between the capitals of Spain and Hungary, also facilitating access from Budapest to other cities in Span and Latin America.
Hungary will open five new embassies in South America and Sub-Saharan Africa within the next 18 months in a bid to boost relations, the Hungarian Minister for Foreign Affiars and Trade Péter Szíjjártó said at a conference in his ministry on Monday.
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”.

