Members of Hungarian Parliament have held a minute of silence to remember former MP János Horváth who died in Budapest last week in his 99th year of age. János Horváth was a member of the National Assembly between 1945 and 1947, and from 1998 to 2014. From 2003 to 2014, he was the oldest Speaker […]
Industrial producer prices as a whole were 1.5% higher in October 2019 than in the same period of the previous year, Hungary’s Central Statistical Office reports this Tuesday. The development of prices was influenced by changes in world market prices of raw and base materials and by wage growth. Domestic output prices increased by 1.7% […]
41-year-old Claire Szabó, of dual New Zealand-Hungarian nationality, was elected President of the ruling Social Democratic (Labor) Party in New Zealand this past week-end. As index.hu reports, Szabó's father fled Hungary at the age of 17 in 1956 and began a new life in New Zealand, where he worked as an engineer. Claire Szabó was […]
Startup Campus Hungary has organized and executed a high-level startup tour in Athens for the first time, where representatives of the Hungarian and Greek ecosystems were able to establish new business relationships in the areas of smart city and sustainable energy management. A delegation organized by Startup Campus Hungary, powered by HEPA (Hungarian Export Promotion […]
"The tragedy of our Jewish compatriots is the tragedy of all of us, the darkest period of Hungarian history," Péter Niedermüller, Mayor of Erzsébetváros (Budapest’s District 7), said at a commemoration of the 75th anniversary of the Pest Ghetto in Budapest on Thursday, the Hungarian news agency MTI reports. At the commemoration of the local […]
Lufthansa Systems Hungária will open a new division at its base in Szeged, southeastern Hungary, specializing in the development and testing of software used in the aviation industry, state news agency MTI reported.The division will initially employ 10-15 IT professionals but the company plans to increase headcount by 15-20 employees every year. Lufthansa Systems started […]
The Director for Administrative Capacity Building in South-East Europe in the European Commission's Directorate-General for Regional and Urban Policy Vittoria Alliata di Villafranca paid a visit to the University of Debrecen in eastern Hungary on Wednesday discussing pharmaceutical research at the university. Vittoria Alliata Di Villafranca emphasized in a briefing following discussions with university leaders […]
Instituto Cervantes, a public entity established by the government of Spain in 1991, has been promoting Spanish language and culture in Hungary for 15 years. Headquartered in Madrid and Alcalá de Henares - the hometown of writer Miguel de Cervantes -, the institute is a bastion of Spanish and Latin American culture worldwide. In Hungary, […]
Russia’s International Investment Bank, which relocated its headquarters to Budapest in April, expects its loan portfolio to exceed EUR 1 billion by the end of the year, executives of the bank said at a press conference. The bank’s loan portfolio expanded by 11% in the six months since moving to Hungary and the value of […]
Hungarian actress Marina Gera has won the International Emmy Award for Best Performance by an Actress for her role as Irén in the movie 'Örök Tél' (Eternal Winter). She received the recognition at Awards Gala in New York City this Monday. Directed by Attila Szász, the movie that received numerous other awards in the past […]
Hungary's currency, the forint weakened to a new historical low against the euro this morning with the exchange rate reaching HUF 337.24/EUR on the interbank market. The Hungarian currency has depreciated by 2.5% over the past month and by 5% since the beginning of the year. The US dollar is currently close to 306 forints, […]
Just twelve months after commencement of works on site, BUD Cargo City has been handed over at Budapest Liszt Ferenc International Airport. The EUR 50 million facility is not only a world-class logistics base but also a catalyst, enabling Hungary and Budapest Airport to become the cargo gateway of Central and Eastern Europe, according to […]
The Magic Lamp Foundation, which has been granting wishes to sick children for 16 years, held its Charity Night for the third time this past weekend. This year, the event attracting about 300 people, was hosted by the Corinthia Hotel Budapest. The staff of the Foundation prepared several surprises for this Miracle Day. The often […]
A modern fast catamaran – with 160 paying customers on board – was in Budapest this past week-end for a sight-seeing trip connecting the Austrian and Hungarian capitals on the Danube. After a successful trial, at least three similar trips will be organized next year. The Twin City Liner has been traveling between Vienna and […]
Compañía Auxiliar de Ferrocarriles S.A. (CAF) was established in 1917 primarily as a manufacturer of freight wagons. However, the company’s beginnings date back to 1892, when the production of wagons started in Beasain in Basque Country and to 1897 with the manufacturing of tramways in Zaragoza, Aragón. Over the past century, the company has grown […]
