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Articles by Date

April 2021

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Ford Inaugurates its First European Regional Parts Center

D&T
Apr 13, 2021

The High Velocity Center inaugurated by the Ford Motor Company, extending over a surface of 10,000 square meters in Biatorbágy, just SW of Budapest, will function as a distribution hub for supplying spare parts for the car dealers and service centers of the brand in 15 Central and Eastern European countries. Thanks to the investment, […]

For a Low-Carbon Circular Economy in Central Europe

Sándor Laczkó
Apr 13, 2021

The Hungarian oil and gas company MOL is not only one of the best-known Hungarian brands, but has been expanding in the region for a good quarter of a century, followed by the acquisition of positions in Asia and a role in the North Sea. Keeping up with the times, the company diversifies its operations […]

Bosch Sets Up Business Service Center in Hungary

D&T
Apr 13, 2021

Bosch will establish its service center in Vecsés, just outside of Budapest, from where HR support will be provided for five East Central European countries as a first step. The investment will create 225 new jobs in the town and will be implemented by a spending of almost EUR 19 million, over a third of […]

SPAR: More Private Label Brand Items on the Shelves

D&T
Apr 12, 2021

Today, Spar Hungary sells a total of 3,600 own-brand products in its stores in 31 product categories in Hungary, and this year, the range will be further expanded, the store chain's communications manager, Márk Maczelka said on Monday. It is planned that 300 new own-brand products will be on the shelves, Márk Maczelka is quoted […]

HELL: A Devilish Hungarian Drink for the World

Sándor Laczkó
Apr 12, 2021

One of the world’s fastest-growing beverage brands puts the capabilities of Hungary’s manufacturing in the international spotlight: HELL ENERGY. As of this February 1, its XIXO carbonated soft drinks are packaged solely in 100% recyclable aluminum cans, which can be recycled an infinite number of times. Established 15 years ago, family-owned HELL ENERGY has achieved […]

Post-COVID-19 Tourist Boom in Budapest?

D&T
Apr 12, 2021

It could be Hungarian guests who boost tourism, which has seen a severe decline due to the epidemic. According to a recent survey, up to a million Hungarian tourists can visit the capital, but Lake Balaton can also be a popular destination. 71.7% of Hungarians plan to travel in 2021 in the event of the […]

TokajGuide - a New Edition

D&T
Apr 11, 2021

The 4th edition of the bilingual TokajGuide debuted this week, presenting the wonders of the historic wine region in Hungarian and English, from the most exciting cellars to local gastronomy, events and from the most beautiful excursion destinations to the best accommodation. In the fresh volume, three more wineries have received star ratings, and in […]

Inflation is Up in Hungary

D&T
Apr 11, 2021

Consumer prices were 3.7% higher on average in March 2021 than a year earlier. Significant price rises were measured over the last 12 months for alcoholic beverages and tobacco as well as motor fuels. In one month, consumer prices increased by 0.7% on average. Compared to March 2020, food prices were up by 2.7%, within which the […]

Hungarians Concerned about the Future of the Planet

D&T
Apr 10, 2021

There are almost no Hungarians who would not be preoccupied with the future of the planet, and a resident can list an average of 12 environmental factors, according to a national, representative survey commissioned by the ALTEO Group. Although different demographic groups differ on the significance of each of these, 80% agree on one thing: […]

New Coronavirus Fatalities Exceed 23,000 in Hungary

D&T
Apr 10, 2021

Another 245 Hungarian patients fell victim to the new coronavirus infection, increasing the official number of pandemic-related deaths to 23.211 in this country. 8,053 new infections were identified by Saturday morning and this has increased the number of identified infections to a total of 713,868 since the outbreak began, the government site koronavirus.gov.hu reports. The […]

Prince Philip, Duke of Edinburgh Passes Away

D&T
Apr 9, 2021

The husband of Queen Elisabeth II died two months before his 100th birthday. The Hungarian President sent a letter of condolence to the Queen. Prince Philip visited Hungary in the 1980s and in the 1990s. "It is with deep sorrow that Her Majesty The Queen announces the death of her beloved husband, His Royal Highness […]

Olympic Champion Dies of New Coronavirus Infection

D&T
Apr 9, 2021

Hungarian Olympic, world and European champion skeet shooter Diána Igaly, Vice-President of the Hungarian Sport Shooting Association died at the age of 57 years of her life due to compliations of the new coronavirus infection. The excellent skeet shooter was hospitalized for a disease caused by a coronavirus infection. The news of his death was […]

Building on the Values of the Glorious Past

Sándor Laczkó
Apr 9, 2021

Hungary’s internationally renowned lighting company Tungsram celebrates the 125th anniversary of its foundation this year. Its President & CEO Joerg Bauer tells Diplomacy&Trade about the firm, the brand and how this history was intertwined with that of Hungary. “We have been very much looking forward to celebrating this anniversary. Under the present circumstances, we will […]

Hungarian Catering Industry in Distress

D&T
Apr 9, 2021

The catering industry is undeniably one of the hardest hit sectors by the coronavirus pandemic. With dining-in forbidden for months, industry players have been forced to resort to drastic measures to survive. While opposition politicians are challenging the government for not doing enough to help them, experts warn that many market players are unlikely to […]

The World’s First Fully COVID-19 Vaccinated Flight

D&T
Apr 9, 2021

By operating the world’s first fully COVID-19 vaccinated flight, Qatar Airways continues to lead the recovery of international travel. The three-hour special flight that took off from Hamad International Airport in Doha and then returned there carried only vaccinated crew and passengers onboard, with passengers also to be served by fully vaccinated staff at check-in. […]

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