Four hotels in Budapest made it to the list of the Readers’ Choice Awards published by Condé Nast Traveler. The ranking consists of the 20 best hotels in Central Europe, including Switzerland. The Aria Hotel Budapest by Library Hotel Collection ranks the highest among the Hungarian hotels in the 5th place, preceded by 4 Swiss […]
Hungary’s industrial output growth slowed to 2.7% in August from a year earlier, according to data adjusted for calendar effects published by the Central Statistical Office. Under unadjusted data, the rate of expansion was 0.3%. The figure reflects the impact of the economic slowdown in the European Union, Hungary’s main trade partner. In July, the […]
The Netherland’s FrieslandCampina, one of the most prominent dairy companies in Hungary, is the producer of the nation’s favorite dairy dessert. The company manufactures a chocolate-covered sweet curd snack that has been a household name in Hungary since 1968. In addition to manufacturing operations, the company also operates a service center in the capital. Ask […]
The volume of sales in retail shops increased by 5.8% in August from a year earlier, according to data adjusted for calendar effects, Hungary's Central Statistical Office reports. Sales rose by 3.4% in specialized and non-specialized food shops, by 9.8% in non-food retail shops and by 4.3% in automotive fuel retailing. In January–August, the volume […]
The UPC brand currently used by Vodafone Hungary will be phased out from the Hungarian market from April, hwsw.hu reports, citing Vodafone Chief Executive Officer Amanda Nelson. The move comes nearly one year after the British telecommunications giant acquired Liberty Global's cable business in the Czech Republic, Germany, Hungary and Romania. Liberty was present in […]
Using a service developed by Hungarians, Rakuten Viber and Mastercard have launched an instant money transfer service, called Moneytou, Hungarian state news service MTI said. Owners of credit cards issued by Hungarian banks will be the first in the world to use the service for immediate financial transactions. Viber users will be able to send […]
As health consciousness is gaining ground worldwide, brewers are hopping on the innovation wagon to keep up with shifting consumer demands. HEINEKEN Hungary is developing novel brewing techniques at its Sopron Brewery as focus shifts toward premium products and alcohol-free beers. Beer and Sopron share a history spanning several centuries. The western Hungarian city, which […]
The leading French pharmaceutical company Sanofi is to establish a Center of Excellence in Budapest, the Hungarian Investment Promotion Agency (HIPA) announced. Initially, a hundred people will assist Sanofi subsidiaries in the field of accounting, HR and finance in seven languages, however, the center will be expanded to 350 persons by 2022. Sanofi was founded […]
GS Yuasa's first factory on the European continent is now complete. Through its EUR 28.8 million plant in Miskolc, the Japanese battery producer will supply its European automotive partners manufacturing electric vehicles (EV) with lithium-ion resources, further strengthening Hungary's position in electromobility, the Hungarian Investment Promotion Agency reports. The Hungarian government has contributed 465.3 million […]
Countries in Central and Eastern Europe display significant local differences in their healthcare systems and the delivery of healthcare services. Aging populations and the increase in chronic epidemic diseases shifted the focus at Philips to health and healthcare and the company relies on the latest developments in digitization, big data and artificial intelligence to design […]
My love affair with Hungary began in 2004. I was then the Deputy Ambassador at the British Embassy in Bucharest, Romania. I had never been to Hungary, although Budapest had captured my imagination for many years. In the summer of that year, we drove across Europe from Romania, holidaying en-route in Croatia and Italy, and […]
Following a period of employee consultations, Rolls-Royce has completed the acquisition of the electric and hybrid-electric aerospace propulsion activities of Siemens (formerly known as the eAircraft business). As a result of the transaction, Rolls-Royce has established a subsidiary in Hungary, employing about 100 engineers taken over from Siemens. "The timely execution of the deal, announced […]
The Hungarian capital's largest exhibition site, Hungexpo will refurbish and modernize existing pavilions, build two new exhibition halls, a new reception building and a congress center by 2021, the company said. The budget of the investment project is HUF 55 billion. The foundation stone of Hungexpo's revitalization development was laid on Monday. The press release […]
The Dutch flag carrier is celebrating its 100th anniversary this October amid turbulent times for the aviation industry. The airline will need to rely on its commitment to adapting to shifting operational trends and embracing new technologies if it is to celebrate its bicentennial anniversary. The Dutch propensity for traveling and exploring the farthest corners […]
Hungarian ultrarunners scored a double victory at the 37th Spartathlon, one of the most challenging long-distance races in Greece, winning both the men's and women's competition. The overall winner, Tamás Bódis completed the distance in 23 hours, 28 minutes and 37 seconds. Another Hungarian, Zoltán Csécsei finished second. Coming in 8th in the overall race, […]
