On the occasion of Ángel Sanz Briz Day, next to the monument at the Avenue that bears the name of the Spanish diplomat who saved the lives of thousands of Jews in Hungary during World War II, the Spanish Ambassador to Hungary, Anunciada Fernández de Córdova and the mayor of Budapest's District 3, László Kiss, […]
Opening this Friday, the Hungarian National Gallery (MNG) presents an exhibition, entitled Image and Cult, of around 120 works by Pál Szinyei Merse, the first modern painter of Hungarian fine art - in parallel with his Hungarian and international contemporaries. The life’s work of Pál Szinyei Merse, an outstanding master of nineteenth-century Hungarian painting and […]
The Budapest office building Millennium Gardens is over the design stage of the two-stage BREEAM certification, which puts it in the Excellent category, according to a press release by the developer TriGranit. The BREEAM rating system was created for the purpose of environmentally conscious design, construction and operation, and is known as the most widespread […]
8,394 new infections and 132 deaths have been found in Hungary in the past 24 hours, according to the government website koronavirus.gov.hu. The last time the number of deaths was this high was on May 4 this year. The total number of deceased has risen to 31,751, while that of actively infected people to 83,818. […]
The Hungarian-Turkish Business Association (Turkcham) was established by the five founding members in 1999, on the initiation of Turkish businessman Suat Karakuş who is now the President of the association. He tells Diplomacy&Trade about how much – and in what fields – the organization has been able to contribute to enhancing relations between Turkey and […]
Siemens Mobility is developing a driver assistance system in the Hungarian capital. The project is another step towards safe transport in Budapest. Specialized for trams, the system will help drivers and improve traffic safety. The usefulness of driver assistance systems is unquestionable. BKV Plc, as the largest provider of public transport in Budapest, aims not […]
On Wednesday morning, the list of people who died from the coronavirus infetion in the previous day was published on the government information portal. A total of 98 new victims of the outbreak were reported on Tuesday. The list of the deceased includes a one-year-old child with an underlying medical condition listed as "mental illness". […]
Consumer prices were 6.5% higher on average in October 2021 than a year earlier. Significant price rises were measured over the last 12 months for motor fuels as well as alcoholic beverages and tobacco. In one month, consumer prices increased by 1.1% on average, the Central Statistical Office reports. In 12 months, compared to October 2020: Food […]
The leading article of the recent Turkish Focus in Diplomacy&Trade was a comprehensive interview with the Ambassador of the Republic of Turkey to Hungary, Ahmet Akif Oktay. He talks – among other issues – about the growing trade and investment relations between the two countries, especially in the field of energy as well as the […]
“Sales revenues in the first nine months were up on a year-on-year basis in most markets in both HUF and EUR terms, fueled by growth in the specialty portfolio, in particular higher Vraylar® and Evra® royalties. This broad-based strength in revenue performance was translated into a solid bottomline also ex-Vraylar®, despite higher spending on R&D […]
It was this day in 1996 that saw the opening in Hungary the first Tesco hypermarket, which was unique in the region. On the opening day, the store in the Pólus Center shopping mall was visited by so many people that they waited in queues of hundreds of meters long for hours to get in. […]
Nestlé Hungária starts yet another major investment in their pet food factory in Bük. In the framework of the more than EUR 96 million capacity extension project creating 120 jobs, a new wet food plant of 16,000 square meters will be established, where two new aluminum pouch production lines and 50 new robots will be […]
In the past three days, 17,834 new cases of infection and 214 deaths have been recorded, the official site says. That is an average of nearly 6,000 new infections over the three days, including the weekend. Even taking that into account, the current figure is high: 6,800 new cases were reported on Friday and 11,200 […]
The stock index (BUX) of the Budapest Stock Exchange (BSE) rose on the week, closing at 55,099.88 points on Friday, up 1.66% on a week ago, or 902.17 points. Turnover on the stock market was HUF 52.6 billion, up from HUF 48.5 billion last week, with leading shares gaining. In its weekly summary sent to […]
Cancer Research Institute (CRI), a nonprofit organization dedicated to harnessing the immune system’s power to control and potentially cure all types of cancer, will confer its prestigious William B. Coley Award for Distinguished Research in Basic Immunology on four key scientists, including Hungarian researcher Dr. Katalin Karikó, credited with the discovery and development of messenger […]
