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2021

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Adapting to the Circumstances

D&T
Oct 13, 2021

The Swiss-Hungarian Chamber of Commerce (Swisscham) celebrated the 25th anniversary of its foundation last year in a limited way due to the pandemic restrictions. A lot of anniversary-related and other events had to be canceled or postponed but the chamber adapted to the circumstances to serve its members and partners. Swisscham Director Júlia Lipovecz tells […]

Hungary's Winter Gas Supply Secured

D&T
Oct 13, 2021

Hungary's winter natural gas supply is secured, the more than five billion cubic meters of natural gas stored in gas storage facilities until 30 September will safely cover domestic demand, the Hungarian Energy and Public Utility Regulatory Authority (HEA) told the state news agency MTI on Wednesday. The Authority said that every year, they check […]

Solar Panel Park Inaugurated in Öskü

D&T
Oct 12, 2021

A solar farm was inaugurated on Tuesday in Öskü, Veszprém county, W Hungary. The ten-megawatt power plant will provide electricity for more than five thousand families. Attila Steiner, Minister of State for the Development of the Circular Economy, Energy and Climate Policy of the Ministry of Innovation and Technology, stressed at the inauguration ceremony that […]

'Together we are free!' by Zwack Unicum

D&T
Oct 12, 2021

Four young artists presented their unique visions and designs at Zwack Unicum’s ‘Together we are free!’ competition to find answers to the question of how to redefine freedom after a year of confinement. Marina Sztefanu was voted the winner by the jury and her installation will be completed in 2022 in Budapest Park. The four […]

Cooperation with All Stakeholders

D&T
Oct 12, 2021

The intensification of the high-level political dialogue between Switzerland and Hungary, as demonstrated by three recent ministerial visits, reflects the developments which have taken place and still take place in both countries and in Europe. That is according to the old-new Ambassador of the Swiss Confederation in Budapest, Jean-François Paroz. In Diplomacy&Trade's recent Swiss Focus, […]

HEINEKEN Turns Beer Consumption Green

D&T
Oct 11, 2021

HEINEKEN Hungária says it is still leading the way in sustainability goals and their fulfilment. The company was first global beer company to remove PET packaging from its portfolio and, reacting to consumers’ demands, switched to paper cups before the regulations enforcing the move came into effect. According to plan, they will switch to carbon […]

Some 1,300 Hungarian Youngsters to Receive EU Rail Pass

D&T
Oct 11, 2021

The European Commission will provide free travel rail passes to 60,000 Europeans aged from 18 to 20 years. Applications open at noon tomorrow, October 12 and close at noon on October 26, for a travel period in 2022, which will be the European Year of Youth. About Hungarians are eligible. According to the Vice-President for […]

New Managing Director, New Venue at Roche Hungary

D&T
Oct 10, 2021

Important changes ahead in the life of the Swiss Roche Group's Hungarian subsidiary: a new managing director, Raffella Bondi has arrived at the helm of the company, which will continue its operations in the Budapest One office building. In parallel to the move, the pharmaceutical company is also moving to an agile organizational model. With […]

Budapest Marathon 2021

D&T
Oct 10, 2021

The weather was not kind to runners at the Budapest Marathon this weekend, but more than 3,000 people still took part in the 42-kilometer race. In the men's race, Hungary’s Péter Nagy crossed the line first in 2 hours 33 minutes and 37 seconds, while the women's race was won by Anna Borisenko from Russia, […]

Judit Polgár Global Chess Festival in Budapest

D&T
Oct 9, 2021

For the first time, the Judit Polgár Global Chess Festival was held in a hybrid format: this Saturday's event took place both in the Hungarian National Gallery and online through two channels, focusing on the relationship between chess and education. This year's biggest innovation was the Educational Chess Summit, where participants proved that chess has […]

Annual Inflation Rate Increases Further in Hungary

D&T
Oct 9, 2021

Consumer prices were 5.5% higher on average in September 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 0.2% on average. The central Statistical Office reports that in 12 months, compared to September 2020, […]

Budapest Stock Exchange Index at Another Historic High

D&T
Oct 8, 2021

The Budapest Stock Exchange's share index, the BUX, closed at 53,955.85 points on Friday, up 111.26 points or 0.21%, the Hungarian state news agency MTI reports. Turnover on the stock market was HUF 7.7 billion, with leading shares performing mixed compared to the previous day's close. Zsolt Bosnyák, senior analyst at Equilor Befektetési Zrt. told […]

Climate-Neutral Economy Is the Only Way

D&T
Oct 8, 2021

"Vision 2050 – Time to Transform outlines how systemic change is needed and sets out a new framework, with nine transformation pathways,” WBCSD director Julian Hill-Landolt said at BCSDH’s annual Business Lunch. The professional program of the event focused on accelerating systemic change and transition to a climate-neutral economy. Global average temperatures are already 1.2°C […]

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