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September 2020

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Opera Stars at The Voices! Concert in Győr

D&T
Sep 6, 2020

Adriana Gonzalez, soprano of the Paris Opera and Stefan Pop sang an Italian tenor duet at The Voices! concert in Győr, NW Hungary on Saturday evening. The open-air event featured artists from the new generation of opera stars. Soprano Adriana Gonzalez, the first prize winner singer of Plácido Domingo’s Operalia Opera World Competition 2019 performed […]

Tímea Babos

Hungarian Tennis Player Excluded from US Open

D&T
Sep 5, 2020

Hungary's Tímea Babos – along with doubles partner French Kristina Mladenovic – has been excluded from the ongoing US Open tennis tournament with the organizers citing coronavirus regulations. According to a statement by the US Tennis Association, "public health officials of Nassau County, N.Y., have issued quarantine notices for all individuals who had prolonged close […]

Increasing Internet Use by the Elderly in Hungary

D&T
Sep 5, 2020

Half of Internet users no longer primarily receive information traditional media, but only from the World Wide Web, according to a recent survey by the National Media and Infocommunications Authority (NMHH). According to the results just published, almost 70% of seniors use the Internet as much as they watch TV, a market research analyst at […]

Record Increase in Coronavirus Cases in Hungary

D&T
Sep 5, 2020

The number of people diagnosed with coronavirus has increased by 510 in the last 24 hours in Hungary. There are 7,892 confirmed people infected with the coronavirus. In compulsory home quarantine: 16,438. Recovered: 3,952. Deceased: 624. The total number of active COVID-19 cases is 3,316. The results show that 43% of those infected, 59% of […]

Industrial Production Falls by 8,1%

D&T
Sep 4, 2020

In July 2020, the volume of industrial production in Hungary declined by 8.1% year-on-year. The degree of fall was 28.8% lesser than the nadir of April. Based on working-day adjusted data, production dropped by 7.7%. The effects of the altered economic processes, caused by the coronavirus epidemic, were still perceptible in this period, the Central […]

Hungarian-Romanian Motorway Border Crossing Point Opens

D&T
Sep 4, 2020

The second motorway border crossing between Hungary and Romania was handed over on Friday in the presence of the Hungarian and Romanian Foreign Ministers and the Romanian Minister of Transport. The Nagykereki-Bors II. motorway border crossing connects the Hungarian M4 motorway with the five-kilometer section of the Romanian A3 motorway. On the Hungarian side, a […]

Stadler: Better Than Expected Performance

D&T
Sep 4, 2020

This year, Stadler Trains Hungary Ltd. celebrates its 15th anniversary. The company’s Country Manager, Zoltán Dunai tells Diplomacy&Trade about the company’s successful one and a half decades in this country since contracting with MÁV Hungarian State Railways to supply FLIRT trains in 2005. “The past 15 years were very exciting for us, nobody would have […]

Korean Firm to Set Up First European Units in Hungary

D&T
Sep 3, 2020

Within the framework of its investment of EUR 32.1 million, the South Korea-based company Dongwha is building already two units in Sóskút, NW of Budapest: one for producing electrolyte and another to recycle the solvent NMP. Both activities are closely linked to the EV (electric vehicle) battery manufacturing value chain, creating an additional 90 jobs, […]

Forint Weakens to 5-Month Low

D&T
Sep 3, 2020

Hungary’s forint weakened to levels last seen in April as international currency market movements coupled with a record number in COVID-19 infections in Hungary put the forint under pressure. Could a weaker forint be here to stay in the longer run? The Hungarian forint fell to its weakest level since late April on Wednesday, moving […]

Nordic Light Trio Completed in Budapest

D&T
Sep 3, 2020

Skanska Hungary delivered the third and final part of the already successfully operating Nordic Light complex in the 13th district. The fully leased property was divested to a South Korean investment trust, JR AMC already one year before its completion. The largest tenant of the property is Roche Services (Europe) Ltd. Advanced solutions in sustainability, […]

Peter Burkhard (on the left) and Dávid Merke

Carl Lutz Memorial Walk

D&T
Sep 3, 2020

2020 marks the 125th anniversary of the birth of Carl Lutz and also the 45th anniversary of his death. On this occasion, Carl Lutz Memorial Walks have been launched in Budapest to remember the Swiss diplomat to whom tens of thousands of Hungarians owe their lives. The Swiss Embassy in Budapest originally planned this commemoration […]

Budapest Airport to Enforce New Border Crossing Rules

D&T
Sep 2, 2020

A government decree entered into force on September 1 only permitting foreign citizens to enter Hungary under certain conditions. All arriving passengers are subject to a document check and medical screening at Budapest Airport.  Non-exempted foreign citizens who are not allowed to enter the country can wait in the part of the transit area dedicated […]

Nestlé: a Resilient, Responsible Firm

D&T
Sep 2, 2020

Nestlé cared for not only its employees’ health during the emergency situation caused by the new coronavirus pandemic but also for their financial security. The financial indicators of the first six months show that steps taken to support company employees and those in need were clearly successful from an economic viewpoint as well. Nestlé Hungária […]

Hungarian GDP Decreases by 13.6%

D&T
Sep 2, 2020

The volume of gross domestic product declined by 13.6% in Hungary in the 2nd quarter of 2020 compared to the corresponding period of the previous year, the country’s Central Statistical Office reports.   The extraordinary situation resulting from the corona virus pandemic had a disadvantageous impact on the performance of most sections of the economy. […]

Kiskunság National Park collector coins

Kiskunság National Park Collector Coins

D&T
Sep 1, 2020

The National Bank of Hungary (MNB) will issue a silver collector coin of HUF 10,000 and its non-ferrous metal version with a face value of HUF 2,000 on September 2, 2020 to honor the 45th anniversary of the foundation of Hungary’s second national park. The vertical rectangle special collector coins will be issued as a […]

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