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November 2019

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László Krasznahorkai

Hungarian Novelist Wins National Book Award

D&T
Nov 21, 2019

Hungarian writer László Krasznahorkai, the winner of the 2015 Man Booker International Prize, has won the National Book Award for translated literature at for Baron Wenckheim’s Homecoming, translated from Hungarian by Ottilie Mulzet. He received the recognition at the 70th National Book Awards Ceremony & Benefit Dinner in New York City this Wednesday. The Publisher […]

Elisa Alvarez Martin

LaLiga - More Than Just Football

Sándor Laczkó
Nov 21, 2019

The Campeonato Nacional de Liga de Primera División (LaLiga), or the top division of the Spanish football championship, is one of the most popular soccer competitions among Hungarian sports fans. Elisa Alvarez Martin, LaLiga’s representative for Hungary and the Balkans seeks to boost the popularity of the championship in this part of the continent. Elisa […]

DSB visit to the Millennium House

Diplomatic Spouses Visit Millennium House

D&T
Nov 21, 2019

Anita Herczegh, wife of the President of the Republic of Hungary, visited the recently opened Millennium House exhibition in the Városliget (City Park) in Budapest this Wednesday with the spouses of mission leaders accredited in Hungary. The Ambassadors' spouses, partners take part in a cultural program every fall in Budapest, Anita Herczegh was quoted as […]

Export-driven Growth at Security Printing Company

D&T
Nov 20, 2019

9% net sales growth, nearly HUF 10 billion export sales, 37% export ratio – these are the main numbers characterizing the business results of Hungary’s ANY Security Printing Company PLC. In the first nine months of 2019, according to a report published on the website of the Hungarian Stock Exchange where the company is listed. […]

Hungarian researcher András Tilcsik

Hungarian Researcher Wins Thinkers50 Award

D&T
Nov 20, 2019

Hungarian business researcher András Tilcsik is the recipient of the Strategy category of this year's Thinkers50 Awards dubbed by the Financial Times as 'the Oscars of Management Thinking'. Tilcsik was recognized for his book 'Meltdown: Why Our Systems Fail and What We Can Do About It', written together with American Chris Clearfield. András Tilcsik is […]

Korean Cultural Center Re-opens in Budapest

Sándor Laczkó
Nov 19, 2019

Coinciding with the 30-year anniversary of diplomatic relations between Hungary and the Republic of Korea, the Korean Cultural Center has been officially re-opened at a new location in the Hungarian capital. The 8,000-sqm facility, rebuilt with a HUF three billion investment, is the fifth largest cultural center worldwide and the largest in Europe. The Center […]

Susana de Ibarrondo

Seeking to Tighten Economic Ties

Edith Balázs
Nov 19, 2019

Apart from the 2008 and 2009 crisis years, the volume of bilateral trade between Spain and Hungary has been on the rise since Hungary’s 2004 accession to the European Union and has more than doubled from that date. Even though the bilateral trade and investment figures of recent years are encouraging, there is ample room […]

Hungarian startups at the Singapore Fintech Festival

Hungarian Startups at the Asian Fintech Summit

D&T
Nov 19, 2019

With cooperation between Startup Campus and the Hungarian Export Promotion Agency (HEPA), three Hungarian startups made their appearance during the five-day intensive development tour of the Asia FinTech Roadshow, touching the forefront of global financial innovation in Singapore, Kuala Lumpur and Jakarta. Participating companies Brokerchooser, Péntech and Scolvo all returned home with hopes of long-term […]

Budapest

House Prices: Strong Supply with Demand to Fall

D&T
Nov 18, 2019

In the first half of 2019, the annual growth rate of house prices accelerated to some extent at national level, while in Budapest, the annual dynamics slowed down from 24.8% to 22.5%, the National Bank of Hungary (MNB) reports. Although, the currently strong housing market demand is supported both by home starter programs and the […]

AmCham anniversary gala in Hungarian Parliament

AmCham Hungary 30-year Anniversary Gala

D&T
Nov 15, 2019

The American Chamber of Commerce Hungary (AmCham), one of the strongest independent, self-sustaining, nonprofit organizations in the country and the region, celebrated its 30th anniversary on November 14 with a gala attended by 450 Hungarian and international investors, executives and decision-makers in the upper house of Hungarian Parliament. The Chamber was established in 1989 to […]

Xiaomi Opens Representation Office in Hungary

D&T
Nov 15, 2019

Big changes are expected in the mobile market - this was a promise made to competitors this past Wednesday night at Xiaomi's press conference in Budapest. The event was held on the occasion that the Chinese manufacturer is now entering the Hungarian market with an official representation office, hvg.hu reports. The manufacturer’s country manager for […]

Spanish ambassador Anunciada Fernández de Córdova

Building Links

Edith Balázs
Nov 15, 2019

Boosting the participation of Spanish companies in Hungarian infrastructure development projects and promoting cultural ties, especially the inclusion of the Spanish language in the primary school curriculum, top the list of priorities for Spanish Ambassador Anunciada Fernández de Córdova. The diplomat also seeks to promote Spain as a tourist destination that has a lot more […]

GSK vaccine plant in Gödöllő

Vaccine Manufacturing Volume Increases in Gödöllő

D&T
Nov 14, 2019

As a result of the latest development of GlaxoSmithKline (GSK), the operations of its Hungarian factory in Gödöllő, east of Budapest have been extended to manufacture diphtheria and tetanus vaccine components for a new area of application. GlaxoSmithKline was established in 2001 by the merger of GlaxoWellcome, a company with a century-long history, and SmithKline […]

KPMG Launches Tax Tracker Mobile Application

D&T
Nov 14, 2019

A KPMG smartphone application is now available for download, giving users first-hand insights on tax issues in any country in the world, as well as professional analysis and reports prepared by KPMG. KPMG Digital Economy Tax Tracker runs on iOS and Android, as well. Developed by KPMG Global Services Hungary Ltd., KPMG Digital Economy Tax […]

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