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Articles by Date

October 2021

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Prestige Watch is Always Prestigious

Sándor Laczkó
Oct 19, 2021

In an earlier interview with Diplomacy&Trade László Bakonyi, the owner and General Manager of Btech Hungary Ltd., the market leader in the wholesale of watches (and in the retail under the name BL Óraszalon) in Hungary in terms of turnover, number of employees, product portfolio and the number of shops, noted that demand for top […]

Two New EGIS Plants in Körmend

D&T
Oct 19, 2021

In order to increase their pharmaceutical production capacity, the French-owned Egis Pharmaceuticals has expanded its site in Körmend. With the investment of more than EUR 21.8 million, in addition to the new packaging factory, Egis has also established a plant with special know-how and technological needs, typically suitable for the production of oncology products; thereby […]

World-Renowned Hungarian Economist, 94, Passes Away

D&T
Oct 18, 2021

János Kornai, Széchenyi Prize-winning economist, member of the Hungarian Academy of Sciences, professor emeritus at Harvard University and Corvinus University, recipient of the French Order of Honour, honorary member of the Swedish, American and other academies, passed away this Monday evening in the 94th year of his life, the family told the state news agency […]

Progress is a Must

D&T
Oct 18, 2021

In 2021, Nestlé Hungária is celebrating its 30th anniversary. The Hungarian subsidiary of the Swiss food group is the largest Swiss investor, employer and food company in Hungary. Nestlé Hungária remains highly active and plans its future on sustainability and automatization. The company is not only proud of its history, but also looks to the […]

COVID-19 in Hungary: 51 Fatalities Over the Weekend

D&T
Oct 18, 2021

3,274 new cases of coronavirus were confirmed over the weekend, bringing the total number of identified infections to 836,389 since the start of the outbreak. 51 patients, mostly elderly and with chronic desease, died Friday-Sunday and thus, the official number of new coronavirus deaths is 30.402. The number of people cured is now 791,998 while […]

Opposition Chooses Top Candidate for 2022 Elections

D&T
Oct 17, 2021

Péter Márki-Zay has won the opposition primary election for prime minister, the state news agency MTI quotes the Sunday evening announcement from the official Facebook page of the primaries. Márky-Zay, the mayor of the southeastern Hungarian town of Hódmezővásárhely, President of the All Hungary Movement received 371,560 (56.71%) votes, while his opponent, Klára Dobrev, Member […]

Tram-Trains and Double Deckers

Sándor Laczkó
Oct 17, 2021

Stadler Trains Hungary Ltd., head office of Stadler Rail in this country, is a Swiss manufacturer of railway rolling stock, with an emphasis on suburban, regional and high-speed multiple units and trams. The company’s Managing Director, Zoltán Dunai tells Diplomacy&Trade about the company’s latest project, Hungary’s first Citylink tram-train, their successful cooperation with MÁV Hungarian […]

Czech Police Arrive to Patrol Hungary's Schengen Border

D&T
Oct 16, 2021

In the framework of the Visegrád Four Member States' border police cooperation, 50 Czech police officers are deployed in Hungary between October 15 and December 15, 2021. During the two months of joint work, the Czech police officers will support the Hungarian border guards with thermal imaging vehicles. They will perform their tasks in their […]

How Could a Smoke-Free Future Be Sustainable?

D&T
Oct 16, 2021

Leading tobacco companies of the world are working towards achieving a smoke-free future and their aim is none other than to ensure that as many adult smokers give up cigarettes as possible. The objective is clear: tobacco companies, different stakeholders and the society should work hand in hand together on accelerating the end of smoking. […]

Soaring Demand for Private Healthcare in Hungary

D&T
Oct 15, 2021

Demand for private healthcare has grown dynamically in the wake of the coronavirus epidemic, with Dr. Rose Private Hospital seeing a more than 30% increase in revenue compared to two years ago, mainly due to an increase in surgical services, the business news site napi.hu reports. More and more people are being forced out of […]

Hungary’s Disparate Opposition Joins Forces to Oust Orbán Next Year

D&T
Oct 15, 2021

Hungary’s opposition parties are uniting against Prime Minister Viktor Orbán to unseat the long-serving premier in next year’s general elections. The alliance is organizing to rounds of primaries to decide on a joint candidate to be Orbán’s challenger in the 2022 vote. Hungary’s six opposition parties have decided to unite behind joint candidates in an […]

Givaudan: Committed to Growth, with Purpose

Sándor Laczkó
Oct 15, 2021

Ten years ago, Switzerland’s Givaudan laid the first stones at its European savoury flavours manufacturing facility near Makó, SE Hungary. The global leader in the creation of flavours and fragrances opened its factory the following year. As Head of Operations and Company Manager at the plant, Mihály Karkas tells Diplomacy&Trade, the company's management and shareholders […]

New ESG Strategy at Colliers International

D&T
Oct 14, 2021

Colliers, a leading diversified professional services and investment management company, has released Elevate the Built Environment, its new strategic framework designed to embed environment, social, and governance (ESG) best practices across the organization. In order to address the material topics identified for the organization through strong stakeholder engagement, the strategy focuses Colliers’ efforts in three […]

COVID-19: Over a Thousand New Infections in Hungary

D&T
Oct 14, 2021

By Thursday, the new coronavirus (SARS-CoV-2) had been detected in another 1,141 people in Hungary, bringing the total number of infected people identified since the beginning of the epidemic to 831,866, according to official figures. The last time more than that, 1190 new cases, were reported in one day was on May 14. Complications of […]

From Solar Panels to Vertical Farm

Sándor Laczkó
Oct 14, 2021

‘Freshness is an art’ – perhaps this is the slogan that best describes the Hungarian salad producer firm Eisberg's everyday life, according to its Managing Director, Zoltán Gazsi. “Nature is capricious, presenting our professional raw material suppliers with new and ever-increasing challenges especially during the last years. However, the combination of our strict quality assurance […]

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