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December 2020

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Worsening COVID-19 Figures in Hungary: 17 More Deaths

D&T
Oct 2, 2020

17 more Hungarians died in the past 24 hours, according to the relevant government website, increasing the number of COVID-19 deaths to 798. The number of confirmed people infected with the coronavirus in Hungary now stands at 28,631. Officially, there are 22,906 people in compulsory home quarantine, 6,349 recovered. The total number of active COVID-19 […]

A Gateway for Korean Investment and Trade

D&T
Oct 1, 2020

The Korea Trade and Investment Promotion Agency (KOTRA) is both a Trade Promotion Organization (TPO) and an Investment Promotion Agency (IPA) representing the Korean government. The organization opened its Budapest office (Korea Business Center) in 1988, at the start of Hungary’s economic (and political) transformation. “Because of our early arrival, we have a deep understanding […]

App Against Food Waste

D&T
Oct 1, 2020

An application developed in Hungary is to form a community approach to food waste: through the application, canteens, menu restaurants and restaurant chains can also sell their remaining but untouched and high-quality food, giving them extra income and consumers with discounted offers and a variety of dishes. According to the data of the National Food […]

The End of an Era?

D&T
Oct 1, 2020

The adversities caused by the coronavirus pandemic are engulfing new sectors of the economy and few are likely to escape unscathed. Experts warn that the Hungarian property market is also set to suffer in the coming quarters with many owners being forced to sell and buyers being few and far between. In recent years, many […]

New Daily Record of COVID-19 Related Deaths in Hungary

D&T
Oct 1, 2020

Another 16 Hungarians fell victim to the new coronavirus infection increasing the official death toll to 781, according to the government website. The number of confirmed people infected with the coronavirus in Hungary now stands at 27,309. The number of those in compulsory home quarantine is 21,930 while 6,118 are counted as recovered. The total […]

How To Become an Environmentally Conscious Customer?

D&T
Sep 30, 2020

Demand for food rebounded during the epidemic. The number of online purchases increased by 15% in the first quarter*, but due to increased consumption, unfortunately, more household waste and wasted food may end up in the trash. While there is more and more talk about a sustainable lifestyle, sustainable transport, many still do not rethink […]

A Good Location for Swiss Business

D&T
Sep 30, 2020

Earlier this year, two Swiss companies announced that they had chosen Hungary to invest in: Sensirion is establishing its first European production site outside Switzerland in Debrecen, while Flisom chose Kecskemét for the location of its first plant of industrial capacity. As the Deputy Head of Mission of the Embassy of Switzerland in Budapest, István […]

Lenovo Builds Manufacturing Unit in Hungary

D&T
Sep 30, 2020

The Hong Kong-based electronics company Lenovo will manufacture products for data centers and desktops in its brand new facility in Üllő, south of Budapest, in the framework of an investment worth EUR 24.7 million, creating a total of almost 1,000 new jobs. Lenovo was founded in 1988 in Hong Kong and gained global significance in […]

Samsung Evolution

D&T
Sep 29, 2020

Samsung – such a familiar word for most people – but just a few know what it really means. Samsung in Korean means and symbolizes ‘Be strong and shine brightly forever’. The company was established in 1938 by Lee Byung-chul and over the next three decades, the group dealt with food processing, textiles, insurance, securities […]

First Dino Egg Found in the Area of Present-Day Hungary

D&T
Sep 29, 2020

The Hungarian Natural History Museum in Budapest has presented the remains of a few centimeters, an oval-shaped egg with a peculiar surface that were discovered during the excavations at Iharkút, NW Hungary. The first Hungarian dinosaur egg was identified by versatile examination of a few millimeters of 85 million-year-old eggshell fragments. The remains are thought […]

Márton Fucsovics (Hungary)

Hungary's Fucsovics Beats No. 4 Seed at the French Open

D&T
Sep 29, 2020

The top Hungarian tennis player, Márton Fucsovics defeated No. 4 seed Daniil Medvedev of Russia in four sets (6:4, 7:6, 2:6, 6:1) in the first round of the men's competition of the 2020 French Open tennis tournament at the Roland Garros in Paris. 63rd in the ATP World rankings, the 28-year-old broke Medvedev's serve at […]

HungaroControl, Transport Company of the Year

D&T
Sep 28, 2020

HungaroControl Co. Ltd. has received the Transport Company of the Year award from the 170-year-old Budapest Chamber of Commerce and Industry (BKIK) in recognition of the Company's outstanding activities in the field of aviation. BKIK presented the award to the Hungarian air traffic service in recognition of the company's exemplary activities in the framework of […]

Korean Miracle in Hungary

D&T
Sep 28, 2020

Last year, the Republic of Korea overtook Germany as the top source country of foreign direct investments in Hungary. The Korean Ambassador Kyoo Sik Choe explains to Diplomacy&Trade the reasons behind this development. He also talks about the handling of the COVID-19 pandemic in his country and how much he appreciates the sympathy of Hungarians […]

13 More Deaths Related to COVID-19 in Hungary

D&T
Sep 28, 2020

Thirteen patients died, bringing the number of new coronavirus fatalities to 749. 5,152 people have already recovered. There were this many deaths in one day in Hungary on May 9, at the time of the first wave of the epidemic. According to figures published by the government, another 702 citizens were diagnosed with the new […]

Budapest Airport to Start Restoration of Runway 2

D&T
Sep 27, 2020

The management company Budapest Airport has announced that the renovation of runway 2 of Budapest's Liszt Ferenc International Airport begins this Monday and it will be carried out by Budapest Airport in a single phase. According to the airport operato, travel restrictions imposed due to the coronavirus epidemic again resulted in a significant reduction in […]

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