The Kiscelli Museum in Budapest has opened one of the most significant independent exhibitions in the region, a series of all-arts events called Design Without Borders that dates back fifteen years. It is an exhibition series of designers, furniture, textile and jewelry designers and visual artists from Austria, the Czech Republic, Denmark, Estonia, Germany, Hungary, […]
The No. 2 seed pair of Tímea Babos of Hungary and Kristina Mladenovic of France defended their women's doubles title of the French Open tennis Grand Slam tournament this Sunday in Paris. In this year's final, they defeated American Desirae Krawczyk and Chilean Alexa Guarachi 6-4, 7-5 in one hour and 33 minutes. Tímea Babos […]
An EUR 140 million investment is in focus in Nestlé's production center in Bük (W Hungary), which supplies pet food to over 50 countries around the world. With this development, the factory's capacity will be increased by an additional 30%, at the same time creating 160 new jobs, which will soon make the plant into […]
If you happen to walk around the Normafa area, you may hear the noise of construction from what was known as the Svábhegy Sanitarium for decades. A new residential area is being born, one that will certainly attract the rich&famous of Hungary. János Gárdai, the Managing Director of White Star Real Estate gave Diplomacy&Trade a […]
Wellis Magyarország Zrt. (Wellis Hungary Co. Ltd.) is to implement a HUF 8.5 billion (EUR 23.6 million) production capacity increasing investment in Ózd, NE Hungary, with the Hungarian government incurring over one third of the costs: HUF 3 billion (EUR 8.3 million) in non-returnable funding. In the framework of this project, Europe's leading jacuzzi manufacturer […]
A leading electrolyte supplier for major battery makers of South Korea, Dongwha Electrolyte is planning a business expansion in Hungary. Dongwha Electrolyte is the first South Korean company to domestically produce electrolyte products for Lithium-ion batteries and is currently operating production facilities in Korea, China, and Malaysia. Due to EU legislation setting mandatory emission reduction […]
The new coronavirus infection was detected in another 1,374 Hungarian citizens, which is the highest daily number of infections so far. Previously the highest number was 1,322 on October 2. With Saturday's data, the total number of infected people identified in Hungary increased to 36,596. 20 patients died in Hungary in the past 24 hours, […]
Actions such as the severe travel restrictions introduced on the 1st of September in Hungary or other global or EU level measures can fundamentally transform short- and mid-term expectations. That is one of the findings of the snapshot report prepared by Horwath HTL Hungary, in cooperation with the Hungarian Hotel & Restaurant Association, based on […]
The top Hungarian female tennis player, Tímea Babos, paired with France's Kristina Mladenovic, defeated the Czech duo of Barbora Krejčiková and Kateřina Siniaková in three sets to qualify for Sunday's final. Seed No. 2 Babos and Mladenovic seemed to be well on track for an easy victory, having won the first set 6-2. However, the […]
Hungarian Prime Minister Viktor Orbán’s announcement that the government will throw its weight behind the massive salary increase proposed by the Hungarian Chamber of Doctors came as a huge surprise. Following the swift approval by Parliament of the bill regulating doctors’ salary increase, there is increasing doubt that doctors will accept the conditions set by […]
The border closure from September 1 and the strict rules of border crossing have had a major impact on passenger traffic at Ferenc Liszt International Airport. The number of passengers using the airport dropped to the level of last June again: this September, Budapest Airport handled 88,173 passengers in total, which is a 94.2% reduction […]
The Spanish Embassy in Budapest held two events this Thursday to commemorate the heroic actions of Spanish diplomat Ángel Sanz Briz during World War II: unveiling a plaque and planting a tree in his memory in the Hungarian capital. The year 2020 marks the 110th anniversary of the birth and the 40th anniversary of the […]
KDB Bank Europe Ltd. (KDBE), a subsidiary of the South Korean Korea Development Bank, has been present on the Hungarian financial market since 1990. KDBEPresident&CEO, Min In Hwan tells Diplomacy&Trade how the bank developed over these three decades and theservices it offers its clients today. Explaining how many of the bank’s original objectives have been […]
Audi Hungaria has Europe's largest building-based photovoltaic system installed on the top of its two logistics centres. With the green electricity being produced here from renewable sources, the CO2 emission is estimated to be reduced by almost 4,900 tons. As a result of the joint project of Audi Hungaria and E.ON, the solar power system, […]
LG Electronics Hungarian subsidiary acts as a regional center, its office in Budapest not only supervises the company’s activities in Hungary but is also responsible for the coordinated commercial activity of ten other countries in East Central Europe and the Western Balkans. As LG Electronics Hungary Managing Director, Hyeong Tae Kim explains to Diplomacy&Trade, “LG’s […]
