Following the last quarter of 2020, the volume of cargo handled at Ferenc Liszt International Airport increased further in the first quarter of 2021. The 39 529 tons of cargo handled from January to March means a 19.3% increase from the same period of the previous year, and is the strongest quarter in the history […]
Lili Horvát's romantic drama ‘Preparations to Be Together For an Unknown Period of Time’ won the Best Central-Eastern European Film Award at the 45th Cleveland International Film Festival. The jury of American film experts said Lili Horvát's film was a refreshing blend of Italo Calvino and Kieslowski's wit, an ambitious guide to the intricacies of […]
By Sunday, 205 people, mostly elderly and chronically ill, had died, bringing the total number of Hungarian deaths related to the new coronavirus infection to 25,184. On Saturday, the youngest victim was a 37-year-old woman with no known underlying illness. 3,706 new infections were reported in the past 24 hours, bringing the total number of […]
Although Borsodi Brewery's results last year fell short of the previous, highly successful year, the company was able to retain all its employees despite the challenges caused by the coronavirus epidemic, the company told the Hungarian state news agency MTI. According to publicly available data, the net sales of Borsodi Brewery in 2019 were HUF […]
The Japanese Seiren company specializing in the manufacturing of automotive interior materials and textiles establishes its first European manufacturing unit in Hungary with an investment of more than EUR 42 million. With the investment – 30% of which is covered by Hungarian taxpayers' money –, the company is to create 170 jobs by 2022, and […]
The Hungarian Press Photo Competition and Exhibition has been the largest Hungarian review for the photojournalist profession for more than thirty years. This year’s winning works of 2020 photos were selected by the jury from 2,515 entries. Not surprisingly, the most covered theme in 2020 was the new coronavirus pandemic. In the 'News, event photo' […]
The sunflower-seed processing and refining plant of the Czech-owned NT Food Producing and Trading Ltd. is launching a capacity expansion investment in Kiskunfélegyháza, SE Hungary. As a result of the investment the company will process an annual quantity of 450,000 tons of sunflower-seed and will thereby be able to produce 210 million liters of sunflower […]
Hungary’s budget deficit widened at an alarming pace in the first three months of 2021, prompting the Finance Ministry to modify the year-end target. Economists are concerned that the severeness of the pandemic will force the government to repeatedly review its forecasts for the year as the economic impact of the epidemic is set to […]
The volume of construction output in February 2021, based on raw data, was lower than the previous year’s level by 16.1%. Output decreased in both main groups of construction: in the construction of buildings by 16.7%, in civil engineering by 15.0%. In February 2021, compared to the same month of the previous year:– Output decreased […]
Törley Sparkling Wine Cellar can look back on a history of almost one and a half centuries. The company is not only the owner of a well-known historical Hungarian brand, but also enjoys a wide international reputation. Today, the company produces its quality wines and sparkling wines in its original factory as well as in […]
The Switzerland-based pharmaceutical company Roche is going to increase the number of its collaborators in positions creating high added value in its service center located in the Hungarian capital. The 250 new employees will provide support to the subsidiaries of Roche in 60 countries in the fields of finance, purchasing, HR and information technology. Roche […]
Hungarian-born biochemist Katalin Karikó overcame numerous professional setbacks before shooting to stardom as one of the inventors of the mRNA technology used in two Covid-19 vaccines. The scientist, who has been slated as a recipient of the Nobel Prize, talked to Diplomacy&Trade about her love for science, the outcome of the pandemic and the curing […]
Zwack is not only one of the most well-known Hungarian brands, but also one with a history of over two centuries, of which the last nearly 130 years have been associated with Hungary. Chairman of the Board of Directors at Zwack Unicum Plc., Sándor Zwack, explains how this great past of the company is cherished […]
In the last 24 hours, 285 people died, mostly elderly, chronic patients, so the official number of deaths related to the new coronavirus infection increased to 24,265, the government site koronavirus.gov.hu reports. By Wednesday morning, 3,597 new infections were identified in Hungary, increasing the number of infected people to a total of 731,675 since the […]
The High Velocity Center inaugurated by the Ford Motor Company, extending over a surface of 10,000 square meters in Biatorbágy, just SW of Budapest, will function as a distribution hub for supplying spare parts for the car dealers and service centers of the brand in 15 Central and Eastern European countries. Thanks to the investment, […]
