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November 2021

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Another Vectron Joins the FOXrail Locomotive Fleet

D&T
Nov 18, 2021

The Vectron locomotive Emma, which arrived in March 2021, has now been joined by a new vehicle ordered by the private railway company FOXrail Plc. The locomotive will be used for cross-border traffic in Hungary and neighbouring countries. The locomotive will be equipped with ETCS Baseline 3, PZB90 and MIREL rail signalling systems, has a […]

Historic Excellence and Comfort

D&T
Nov 18, 2021

Originally built 120 years ago as one of the two baroque palaces acting as a gateway towards Elizabeth Bridge, the Matild Palace went through several years of renovation by the Turkish Öyzer Group before it opened this summer as ‘Matild Palace, a Luxury Collection Hotel, Budapest’, part of Marriott International. As the hotel’s General Manager, […]

Budapest Mayor Presents Honorary Citizen Titles

D&T
Nov 17, 2021

Budapest is the capital of the nation, and the city’s future cannot depend on party sympathies and selfish power interests, Mayor Gergely Karácsony said this Wednesday when he presented honorary citizens' titles and other awards on the occasion of Capital Day, the Hungarian state news agency MTI reports. Budapest is a bridgehead, an island in […]

Most Home Fires Are Preventable... They COULD BE!

D&T
Nov 17, 2021

Smoke inhalation, burns, a burnt home, an uninhabitable home, millions in damages… unfortunately for firefighters, ambulances and insurance companies and others, it's the arrival of cooler weather. Typically, small and large fires in the home become more common in the fall, as baking, heating and even smoking can create the conditions for burning. The Hungarian […]

COVID-19: 178 Fatalities In a Single Day in Hungary

D&T
Nov 17, 2021

In the past day, 10,265 people have been diagnosed with coronavirus infection, bringing the total number of identified infections since the beginning of the outbreak to 976,432, according to coronavirus.gov.hu. 178 patients with coronavirus have died, bringing the total number of victims to 32,514, according to official figures. A week ago, 8,434 new infections and […]

New Main Gate Completed at Budapest Airport

D&T
Nov 16, 2021

Budapest Airport has completed construction and put into operation a new Main Gate for the Hungarian capital's Ferenc Liszt International Airport serving its staff and partners, located near the double roundabout on main road number 4 in Vecsés, just south of Budapest. The project is co-financed by the European Union. The new Main Gate is […]

With One Foot in the Future

D&T
Nov 16, 2021

The Synergy Group, a leading general contracting company with a wide geographical presence, providing sustainable design and build services, celebrates its 20th anniversary this year. The company is constantly profiting from its Anatolian roots, reaching out to Turkey for human resources, materials or culture. Synergy Construction Hungary Ltd. first made the headlines when it was […]

Most Hungarians Support Addressing Climate Emergency

D&T
Nov 16, 2021

67% of Hungarians are in favor of stricter government measures that impose changes on people’s behaviour (three points higher than last year) to address climate emergency, according to the 2021-2022 Climate Survey, commissioned by the European Investment Bank (EIB), that explores people’s views on climate change in a rapidly changing world. The vast majority of […]

Rising Together

D&T
Nov 15, 2021

It was 15 years last month (on October 26, 2006) that Çelebi Ground Handling Hungary Ltd. was founded. Today, Çelebi is the market leader in the ground handling market at Budapest’s Ferenc Liszt International Airport. Diplomacy&Trade talked to the company's Managing Director, Taner Sari. What is the scope of services you offer to airlines, passengers […]

COVID-19: 304 Dead, Over 21,000 Infected in Three Days

D&T
Nov 15, 2021

Data published Monday morning about the past three days by the relebvant government website means that the total number of identified infected people since the beginning of the epidemic is 960,844, while the 304 new fatalities, most of them elderly, chronic patients, bring the official total number of deaths to 32,171. Between Friday and Sunday, […]

Momentum Builds Throughout EMEA Property Markets

D&T
Nov 14, 2021

Investment in European property continued to gain momentum in Q3 with the return of big-ticket deals in major markets across the region, according to the latest market snapshot for Europe, the Middle East and Africa (EMEA) released by Colliers International, a global leader in commercial real estate services and investment management. Leading cities including London, […]

For a More Efficient Patient Journey

D&T
Nov 13, 2021

With almost two decades of experience in a wide range of areas across the Group, from diagnostics to pharmaceuticals and diabetes care, Raffaella Claudia Bondi, the newly appointed Managing Director of Roche Hungary, who has previously worked in Switzerland, Denmark and her native Italy, has arrived in Hungary. She sees the future in innovation and […]

Millions Collected from Runway Run Entry Fees

D&T
Nov 13, 2021

Budapest Airport handed over more than HUF 3.8 million to the SUHANJ! (Swish!') Foundation, which supports sporting opportunities for handicapped and disabled people. The donation was collected from the entry fees of the Runway Run charity race, organized at the airport for the 9th time this year. Accordomh to a press release by Budapest Airport, […]

Connecting the Region

D&T
Nov 12, 2021

Türk Telekom International (TTI) is a leading telecommunication operator in the CEE region, Turkey, Caucasus, Middle-East and Asia. It provides a full range of Internet/data services, infrastructure and wholesale voice services to incumbents, alternative carriers, mobile operators, cable TV companies, Internet service providers and corporate customers. Diplomacy&Trade talked to Türk Telekom International Group CEO, Şükrü […]

Hungary’s Runaway Inflation May Force More Aggressive Rate Hikes

D&T
Nov 12, 2021

The faster-than-expected increase in Hungarian consumer prices has taken the market by surprise and is prompting analysts to revise their inflation projections upward. Many believe that the nation’s central bank will be forced to tighten monetary conditions more aggressively than planned to tamper inflationary pressures in the economy. Hungarian consumer prices jumped 6.5% year on […]

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