This Monday saw the first main draw matches played at the USD 250,000 WTA Hungarian Grand Prix women's tennis tournament at the Római Tennis Academy in Budapest. In singles, both Hungarians competing today lost but local fans could see a Hungarian victory in doubles. Both Hungarian players participating in the singles main draw on Monday, […]
Alstom has expanded its activities in Hungary: it is producing a bogie frame for its hydrogen-powered passenger train at its factory in Mátranovák, NE Hungary, and plans to hire 100 new employees, the company told the state news agency MTI on Monday. The first bogie was recently completed in Mátranovák, where an investment of more […]
To coincide with World Population Day, the Hungarian Central Statistical Office (KSH) has launched the website of this year's census, which will take place between October 1 and November 28, the Office has announced. On the new online platform, the largest census of the entire Hungarian population, which surveys the most important characteristics of Hungarian […]
After 18 years, Hungary’s national medical football team won the world championship title again as they won the World Medical and Health Games (Medigames) tournament in Monte Gordo, Portugal. The Hungarian national team, made up of doctors, medical students and pharmacy students, won all their games, marching through to the final with a flawless performance. […]
6,768 people entered Hungary at the Ukrainian-Hungarian border on Saturday, while 6,380 of those entering the Romanian-Hungarian border said they had arrived from Ukraine, the National Police Headquarters (ORFK) told the state news agency MTI on Sunday. Of those who entered, the police issued 372 people with temporary residence permits valid for 30 days. They […]
The Budapest Stock Exchange (BSE) stock index rose on rising turnover this week, with the BUX closing at 39,846.64 points on Friday, up 1.31% or 515.31 points from the previous week's close, the state news agency MTI. Turnover rose to HUF 46.99 billion, up from HUF 41.02 billion the previous week, with leading shares rising. […]
András Törőcsik, the legendary footballer of the renowned Budapest soccer team Újpest Dózsa and that of the the Hungarian national team, passed away this Saturday at the age of 67. Born on May 1, 1955, he joined in 1974 one of the top teams of the time, Újpest Dózsa, a club associated with the Ministry […]
As one of the leading companies in the industry, UniCredit Bank has a prominent role to play in raising awareness of sustainability, and backs this up with strong results in its sustainability publication, according to statement by the bank The publication summarizes the company's key achievements in the ESG field. Spectacular green resultsAlready in 2020, […]
The U.S. Treasury on Friday said it was moving to terminate a 1979 tax treaty with Hungary in the wake of Budapest's decision to block the European Union's implementation of a new, 15% global minimum tax, the Reuters news agency reported. A Treasury spokesperson waas quoted as saying that since Hungary lowered its corporate tax […]
In honor of the 110th anniversary of Milton Friedmann’s birth, the National Bank of Hungary will issue a silver collector coin with a face value of HUF 15,000, and its a non-ferrous version of HUF 2,000 on Monday, 11 July 2022. The collector coins come as the second piece in the series presenting Nobel Memorial […]
The Hungarian forint has been one of the weakest performing currencies worldwide amid an international selloff. Despite government reassurances that the fundamentals of the Hungarian economy are strong and sound, the forint remain under massive pressure. Diplomacy&Trade takes a look at the specific reasons behind the forint’s underperformance and how the currency’s weakness threatens the […]
This year, the French Institute is once again celebrating the French National Day with a street ball. On July 9, there will be a gastronomic feast and concerts in front of the institute's Danube-side building, according to a statement by the Institute. Although the Institute was founded in 1947, it moved to its current building […]
Heading a delegation, the Commander of the Hungarian Defense Forces, Lieutenant General Dr. Romulusz Ruszin-Szendi visited Ukraine this Friday at the invitation of the Ukrainian Chief of General Staff, Colonel General Valerii Zaluzhnyi, the Hungarian defense issues website honvedelem.hu reported this Friday morning. During the visit, the main topics of discussion between the army commanders […]
The number of nights spent by domestic guests at commercial accommodation establishments (hotels, boarding houses, camping sites, bungalow complexes and community hostels) increased – mainly due to the low base caused by the pandemic restrictions – more than one-and-a-half-fold in May 2022 compared to the same month of 2021, however, it was 22% below the […]
An important supplier of the battery industry, South Korean-owned Nice LMS Hungary Ltd. sets up a new production plant of some 6,000 sqm for EUR 14.4 million in Vác, north of Budapest. The project will result in creating up to 60 jobs, and thus contribute to the already vibrant local battery cell producing ecosystem to […]
