Knapp, the manufacturer of warehouse logistics equipment, is setting up a new site in Nemesvámos. Within the framework of a development amounting to almost EUR 16.7 million by the end of March 2023, the company will transform a brownfield site creating 250 new jobs in 2022 followed by an additional 250 by 2027. Almost a […]
An interactive Olympic history exhibition entitled 'Our Sensational Champions - 177 Fabulous Victories' has opened in Millenáris Park in Budapest. The exhibition commemorates the Hungarian victories in the Olympic Games so far. Among the 305 artefacts on display are three shirts worn by Dénes Kemény, the head coach of the water polo team, when he […]
The west wing of the Esterházy Mansion in Fertőd, NW Hungary renovated with a budget of almost HUF two billion, has been inaugurated, hosting three exhibitions, ‘Faces and Views - Esterházy Gallery’, the Esterházy Porcelain Cabinet and ‘Modulated Time’, a joint exhibition by sculptor Boldi and painter Mózes Incze. The aim of the renovation was […]
The National Bank of Hungary (MNB), the country's central bank, has organised a high-level conference on the occasion of the 30th anniversary of the establishment of the Visegrad Cooperation. Among the speakers of the conference, titled 'Gradual Transition into a Greener Economy – Challenges and opportunities', the bank welcomed the central bank governors and deputy […]
Introducing custom-built, healthy homes featuring faster, sustainable construction, keeping in mind not just the environment but also efficiency and affordability – this is what Footprint Homes offers to its clients as explained to Diplomacy&Trade by the Dutch managing directors of the Hungarian firm, Rudolf Nanne and Johannes De Block. The roots of the idea go […]
Top seed Yulia Putintseva of Kazakhstan won the singles title at the USD 235,000 WTA Hungarian Grand Prix women's clay court tennis tournament in Budapest, as she easily defeated Ukraine's Anhelina Kalinina in Sunday's final. The doubles title of the tournament went to the Hungarian-Romanian duo of Fanny Stollár and Mihaela Buzarnescu. The Római Tennis […]
Robert Bosch Automotive Steering in Maklár is launching three projects, under which developments, on the one hand, it will implement the production of new-generation electric power steering gears replacing hydraulic steering gears, and on the other hand it will also expand production capacity and introduce new technologies, additionally will also set up a global service […]
MTI/MTVA photojournalist Zoltán Balogh won the MÚOSZ (National Association of Hungarian Journalists) Grand Prize at the 39th Hungarian Press Photo Contest for his work entitled The Covid-19 Year in Hungary, while the André Kertész Grand Prize was awarded to Bea Kovács for her series Butterfly Girl. The two Grand Prize winners were announced at the […]
Housing prices in Hungary have nearly doubled in the past ten years; the extent of price increases was higher only in two other European Union member states in this period. Despite the jump in prices, interest in home purchases remains strong. Average residential real estate prices in Hungary increased by nearly 100% in the last […]
Magyar Suzuki Corporation, the only European manufacturing unit of the Japanese parent company to date, is celebrating its 30th anniversary of founding this year. From the very beginning, the company has been engaged in full-scale manufacturing activities in Hungary. As the Hungarian Investment Promotion Agency reports, since the company's foundation three decades ago, about 3.6 […]
Thanks to increasing vaccination coverage worldwide and the gradual easing of travel restrictions, more and more people choose to travel by air again. The current dynamic recovery is expected to continue in July and August as the summer season starts. In the first half of the year, Ferenc Liszt International Airport handled 603 585 passengers, […]
As one of Hungary's leading fleet management companies, LeasePlan Hungária's leasing activities cover the entire lifecycle of a car, from purchase, financing and operation to full service, taking the burden of car management off its customers. The company has recently organized a webinar with an overview of the automotive industry. The CEO of LeasePlan Hungária […]
In May 2021 the volume of industrial production exceeded by 39.1% the low base level of last year’s May, caused by coronavirus pandemic related restrictions. Based on working-day adjusted data production rose by 40.2%, the Hungarian Central Statistical Office (KSH) reports. All manufacturing subsections contributed to the significant increase. The growth in the manufacture of […]
Nearly five years after her death, part of the ashes of Hungarian-born American actress Zsazsa Gabor were laid to rest in the Artists' Plot of the Fiumei Road Cemetery in Budapest this Tuesday. Prince Frédéric von Anhalt, widow of Zsazsa Gabor, in cooperation with the National Heritage Institute and the Hungarian Hollywood Council, brought some […]
The vehicle importer Porsche Hungária is to establish an Innovation and Education Center with an investment of HUF 2 billion. The cornerstone laying ceremony took place next to the company's Budaörs component center outside the Hungarian capital. At the event, László Mosóczi, Minister of State for Transport Policy at the Ministry of Innovation and Technology […]
