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September 2020

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In the Grip of the Second Wave

D&T
Sep 11, 2020

With the number of daily coronavirus infections reaching record highs, it is no longer a question whether Hungary is now in the midst of the second wave of the coronavirus epidemic. Although the border closure was a drastic step, it is evident that the government is working to avoid strict measures in order to shield […]

New Hell Energy Plant in Szikszó

D&T
Sep 10, 2020

The latte filling plant of energy and soft drinks manufacturer Hell Energy Hungary Plc. was inaugurated in the outskirts of Szikszó, NE Hungary this Thursday. The investment cost HUF 8 billion, to which the government provided HUF 4 billion in non-refundable support. At the inauguration, Finance Minister Mihály Varga said that this company, like the […]

The Power of Live Events

D&T
Sep 10, 2020

At 8 pm this Thursday, Budapest's sights, hotels, event and cultural venues and sports halls will be swimming in blue. This is how the organizers of the Power of Live Events series draw attention to the Hungarian professional event industry, the strength of cooperation and Budapest's unique beauty. The Power of Live Events program series […]

Creditors’ Cartel Then and Now

The creditors’ cartel case that gradually developed into a decade-long proceeding since its outset in 2011, landing first before the Hungarian Competition Authority, then the Budapest Metropolitan Courts, eventually to be addressed at the European Court of Justice for preliminary ruling, seems to come to an end with the July 2020 decision of the Metropolitan […]

Successful Financial Year for Mercedes in Kecskemét

D&T
Sep 9, 2020

In many ways, 2019 was a successful year for Mercedes-Benz Manufacturing Hungary Plc. at the Kecskemét plant, which successfully started series production of three new models, the company's annual report says. The new CLA Coupé was followed by the CLA Shooting Brake and, in the autumn, the three Mercedes-AMG Performance compact models. The vehicles manufactured […]

Visits to Social Care Homes Prohibited in Hungary

D&T
Sep 9, 2020

Chief Medical Officer Cecília Müller has ordered a nationwide ban on visits to social care homes as well as an order to keep residents from leaving the facilities, with a view to containing the spread of the novel coronavirus. According to the Ministry of Human Capacities, the only exception to the ban on visits applies […]

Financial Awareness Not Enough to Save Money

D&T
Sep 9, 2020

An extensive research on today’s 30s generation shows that they make responsible and conscious decisions about finances, it’s paramount for them to have savings, but only 23% percent of them can save on a regular basis while one in four can't put aside any money. Own real estate is one of the most important forms […]

Fine for Not Wearing Mask in Budapest Public Transport

D&T
Sep 8, 2020

From now on, passengers who do not wear the mask or do not do it according to the regulations on Budapest public transport vehicles may be fined HUF 8,000 in addition to being excluded from travel. Stricter measures have been introduced by the Budapest Municipality to curb the epidemic. In addition to the banning people […]

Number of Tourism Nights Falling

D&T
Sep 8, 2020

In July 2020, as a result of the coronavirus epidemic, international tourists spent 75% and domestic tourists 18% fewer tourism nights in commercial accommodation establishments (hotels, boarding houses, camping sites, bungalow complexes and community hostels) in Hungary compared to the same period of the previous year. A summary by the country's Central Statistical Office says […]

Students of Spanish Recognized

D&T
Sep 8, 2020

The Ambassador of Mexico to Hungary, David Nájera, and the Secretary of State of the Ministry of Human Resources, Dr. Zoltán Lőrinczi, awarded 33 outstanding Hungarian students learning Spanish as a foreign language with a medal and diploma . In his speech, Ambassador Nájera acknowledged the efforts of these young people and the commitment of […]

Glencore plant in Foktő

Vegetable Oil Plant to be Expanded in Foktő

D&T
Sep 7, 2020

The foundation stone has been laid for the newest production plant of Pannon Növényolajgyártó, a member of the Glencore Agriculture Group in Foktő, south-central Hungary. The crushing facility, which was opened in 2012 will now be enlarged with a unit for further refining through this investment of EUR 66.3 million. Products will leave the plant […]

Hungarian Coronavirus Cases May Be Manyfold

D&T
Sep 7, 2020

The actual number of patients can be approximately twenty times that of the identified infected in Hungary, claims the Rector of the Semmelweis Medical University of Budapest (SOTE). Rector Béla Merkely said on the commercial channel ATV that the epidemic cannot be combated with a single measure, many things must work together to curb it. […]

Terrestrial Digital Audio Broadcasting Ends in Hungary

D&T
Sep 7, 2020

At 0 o'clock on Sunday, the transmission company Antenna Hungária switched off the digital radio broadcasting implemented in Hungary with the so-called DAB+ technology. The reason for this is that the National Media and Infocommunications Authority (NMHH) did not extend the contract with the state broadcaster, therefore it expired on Saturday, September 5, 2020. NMHH […]

Sika Hungaqry General Manager András Berecz

Building Trust

D&T
Sep 6, 2020

As a sign of further development, Sika Hungária, the local subsidiary of Sika AG, the Swiss chemical company of building supplies, has moved to a larger site in Biatorbágy, just outside Budapest. As General Manager András Berecz tells Diplomacy&Trade, the company is constantly introducing new products and solutions to keep ahead of competition, increasing their […]

U.S. President George H. W. Bush with Hungarian Prime Minister József Antall in White House's garden in October 1990

Statue to Honor George H. W. Bush in Budapest

D&T
Sep 6, 2020

A statue will be erected in honor of George Herbert Walker Bush, the 41st president of the United States, in Szabadság ('Liberty') Square in Budapest on the occasion of the thirtieth anniversary of the fall of communist rule in Central and Eastern Europe. According to a joint announcement by the Hungarian government and the U.S. […]

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