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2021

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Hungarian Olympic Expectations

D&T
Jul 23, 2021

"13 medals is the current reality. The Olympics are just starting, let's wait and see what happens, there are bound to be some big surprises due to the many effects of Covid," the President of the Hungarian Olympic Committee, Krisztián Kulcsár told the Hungarian news site telex.hu. "However, on a statistical basis, not on the […]

Hungary Announces Referendum on Much Criticized Law

D&T
Jul 23, 2021

Hungarian Prime Minister Viktor Orbán announced this week that his government will hold a referendum on the country's controversial new LGBTQ law. The move comes after the act received heavy criticism from Brussels, EU member states and rights organizations. Hungarians will have to answer five questions on the bill that would forbid showing gay and […]

Blue Ribbon Sailing Race on Lake Balaton

D&T
Jul 22, 2021

Last year's winner, the boat RSM driven by Róbert Vándor, was the first to cross the finish line of the 53rd Blue Ribbon Raiffeisen Grand Prix in Balatonfüred on Thursday evening. The final stage of the race, which started in light winds, saw a great battle between the defending champion and the time record holder […]

Ferzol Capacity Expansion Investment with EU Support

D&T
Jul 22, 2021

Ferzol Plate Machining Ltd., based in Tápiószőlős, SE of Budapest, has completed a capacity expansion investment of more than HUF 2.3 billion with EU support in Szolnok, E Hungary. The company decided to implement the technology development and capacity expansion investment due to the continuously growing demand. Ferzol won a HUF 996 million non-refundable grant […]

Lotus Day in the Botanical Garden of Szeged

D&T
Jul 22, 2021

As every year, the Botanical Garden in Szeged, SE Hungary, celebrates the blooming of the Indian lotus with two days of activities and shows in 2021 as well. Visitors are welcome to see one of the largest open-air stands of Indian lotus in Central Europe. They can enjoy the shows of traditional Indian dance, spiritual […]

Beurer Hungária Hall Opening Ceremony in Veszprém

D&T
Jul 21, 2021

Beurer Hungária Ltd., a manufacturer of medical devices with German background, is making an investment of around HUF 1.7 billion in Veszprém. Hungarian taxpayers will contribute HUF 485 million to the project, according to a government decision. Hungarian-German economic relations are a key factor in the development of the Hungarian economy. Germany is the biggest […]

Record Half-Year at Budapest Airport Cargo Traffic

D&T
Jul 21, 2021

Air cargo continues to boom at Budapest Airport; the aerodrome handled 86,798 tons of air cargo during the first six months of 2021, which is the strongest half-year ever in its history. Thanks to the record half-year, cargo volume projected over 12 months also jumped to unprecedented heights, the airport management company reports. During the […]

Used Cars Substantially More Expensive in Hungary

D&T
Jul 20, 2021

The need for own cars and independent mobility is becoming more and more important in Hungary, and this is reflected not only in the growing interest in new cars, but also - and especially - in used cars. Growing demand and the rising cost of replacing cars on the market have also led to a […]

Knapp Opens New Site in Hungary

D&T
Jul 20, 2021

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 […]

Exhibition of Hungarian Olympic History in Budapest

D&T
Jul 20, 2021

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 […]

Esterházy Mansion: Restored Wing Inaugurated

D&T
Jul 19, 2021

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 […]

Visegrád Group Central Bank Governors Conference

D&T
Jul 19, 2021

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 […]

Contributing To a Better Planet Through Design

D&T
Jul 19, 2021

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 […]

Putintseva Wins Hungarian Grand Prix

D&T
Jul 18, 2021

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 […]

Bosch Launches New Investments in Maklár

D&T
Jul 17, 2021

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 […]

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