ZF, one of the largest automotive suppliers worldwide, and strategic partner of the Hungarian Government, has announced that its Car Powertrain Division invests nearly EUR 100 million in its Eger location (east of Budapest), creating 770 new job until 2019.
The reservoir in Budapest's 10th disctrict was opened to the public this Wednesday as March 22 is World Water Day (as declared by the United Nations in 1993). This reservoir is an important source of drinking water people in the Hungarian capital.
In the Diplomacy&Trade series WittyLeaks, whihc presents the private expoeriences of ambassadors accredited to Budapest, the Portuguese ambassador's recent article forcused on diverse connections between Portugal and Hungary.
The European Bank for Reconstruction and Development (EBRD) and the Hungarian authorities have agreed to set up a working group to analyse the impact on the banking sector of the recent amendment of the Judicial Enforcement Act.
GlaxoSmithKline (GSK) is launching a development worth EUR 57 million in its Gödöllõ plant. Upon completion of the investment, the plant will have expanded activity, producing diphtheria and tetanus vaccine (DT and TT) components for new areas of use.
The Hungarian governing parties - that is, Fidesz and the small KDNP - re-elected János Áder, a former high-ranking official at Fidesz, as Hungarian President. None of the opposition members of parliament endorsed János Áder's candidacy.
Environmental blogger and bestselling author (‘Zero waste home’), Bea Johnson presents her show in Budapest on March 22. Hungarian green associations, municipal companies and authentic public persons will make the event even more colorful.
Dutchman Rick Enders, General Manager of Budapest Marriott Hotel & Millennium Court, Marriott Executive Apartments is more concerned about the human factor than the tides. Diplomacy&Trade has recently published an interview with him.
In order to commemorate the 200th birth anniversary of Hungarian poet János Arany (born March 2, 1817), the National Bank of Hungary issued gold and silver medallions. The presentation too place in the Sándor Palace in the Buda Castle.
A startup initiative of young Hungarian professionals enters the local market of laundry products and detergents. At first, the 100% Hungarian products will be sold in TESCO stores, then, according to plans, they will also be available in other retails chains.
RUAG Aerostructures, a major player in the aerospace industry, opened its new factory in Eger, NE Hungary. It is the Switzerland-based aircraft section producers third plant to complement the ones in Germany and Switzerland.
The Hungarian production 'Mindenki' (literal translation: 'Everyone') has won the Academy Award in the Best Short Film Live Action category. The recognition comes after last year's success of the 'Son of Saul' in the Best Foreign Language Film category.
Accusations by Hungarian National Bank governor György Matolcsy to blame a "major NATO ally" trying to topple the Hungarian government and the central bank in 2014 lacked credibility, the spokesman for the US Embassy in Budapest said.
The Hungarian government suggests that the Budapest City Council and the Hungarian Olympic Committee withdraw from the bid to host the 2024 Summer Games. Over quarter of a million signatures were collected to force a referendum on the issue.
The Spanish Segura Group invests over EUR 17 million to expand its automotive bodywork and engine metal component factory in Szolnok, Eastern Hungary and plans to create an additional one hundred jobs there. The Group has been operating in Szolnok since 2005.
