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2023

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Ferenc Liszt International Airport Named Best in Europe

D&T
Mar 7, 2023

The Hungarian capital’s Ferenc Liszt National Airport has been voted the best European airport among airports with 15-25 million passengers, based on passenger feedback – as published by Airports Council International (ACI). The accolade is based on an international and independent survey, relying solely on passenger feedback. According a statement by the airport’s managing company, […]

Hydrocarbon Exploration in Üllő Area Looks Promising

D&T
Mar 6, 2023

Hydrocarbon exploration in the Üllő area of the Dány concession area looks promising, Director of Exploration and Production at Mol Hungary, Ádám Homonnay said this Monday at the presentation of a 3D seismic survey in Üllő, just southeast of Budapest. The oil company is exploring for hydrocarbons in an area of about 30 square kilometers […]

Sales in Hungarian Retail Shops Fell by 4.5%

D&T
Mar 6, 2023

All three major groups of shops – grocery, non-food and petrol – and even online sales fell in January this year in Hungary. The volume of sales in retail trade decreased by 3.9% according to raw data and by 4.5% when adjusted for calendar effects compared to the same period of the previous year, the […]

Recruitment Agency Moves to ACADEMIA Office Building

D&T
Mar 6, 2023

Hays Hungary Ltd., part of the Hays Plc. group, the world’s leading recruitment company will move to ACADEMIA, and continue to support thousands of employers and jobseekers from one of the most prestigious office buildings with ESG focus in the city center of Budapest from the fall of 2023. A statement by the property agency […]

Capacity Expansion by Optigép with EU Support

D&T
Mar 6, 2023

Agricultural machinery manufacturer Optigép Ltd., based in Békés, SE Hungary, has implemented a capacity expansion project worth more than HUF half a billion, the company's managing director János Patkós told MTI. According to the managing director, the total cost of the investment was HUF 634.25 million, for which HUF 261.15 million in European Union support […]

Connecting Ukraine with Europe

D&T
Mar 5, 2023

ÖBB Rail Cargo Group and its Hungarian subsidiary, Rail Cargo Hungaria transported more than one million metric tons of grain from Ukraine last year, the multiple of the amount of the previous year. The company stands ready to continue helping Ukrainian people and expects the freight volume between the two countries to continue increasing this […]

MSD Pharma Hungary Research Program with SZTE

D&T
Mar 5, 2023

MSD Pharma Hungary Ltd. is expanding its clinical research program, primarily for the treatment of cancer, in cooperation with the University of Szeged (SZTE), the public relations department of the higher education institution has informed MTI. According to the statement, the joint research and development activities of the Hungarian subsidiary of the pharmaceutical company and […]

BUX Index Fell This Week on Rising Turnover

D&T
Mar 5, 2023

The Budapest Stock Exchange (BSE) closed the week at 44,440.48 points, down 827.63 points or 1.83% from last week, MTI reported this Sunday morning along with a brief analysis of the week’s trading. Turnover on the Hungarian capital’s stock market rose from HUF 23.259 billion last week to HUF 36.495 billion this week, with most […]

Adopting Sustainable Business Management Guidelines

D&T
Mar 4, 2023

The Business Council for Sustainable Development in Hungary (BCSDH) has developed into a leading organization for corporate sustainability, now representing the top executives of 133 responsible companies in Hungary. At its general assembly this week, member companies accepted the ‘Sustainable Business Management Guidelines’, thereby expressing their desire to lead by example as well as manage […]

Number of Tourism Nights Up by 18% on Pandemic Base

D&T
Mar 4, 2023

In January 2023, 570,000 guests spent 1.4 million tourism nights in commercial accommodation establishments (hotels, boarding houses, camping sites, bungalow complexes and community hostels) in Hungary, the country's Central Statistical Office reports. The number of guests and tourism nights both increased by 18% compared to January 2022. The number of nights spent by domestic guests […]

Budapest Airport to Set Up Own Industrial Fire Service

D&T
Mar 4, 2023

A new activity will be added to the responsibilities of the operator of Budapest’s Ferenc Liszt International Airport from the fall: the management company Budapest Airport will establish its own industrial fire service, a fire brigade of its own staff with a large headcount and one of the best-equipped airport fire bases in Europe. As […]

Miskolc Jelly Festival Held After a Two-Year Hiatus

D&T
Mar 3, 2023

The traditional Jelly Festival is held again this year in the northeastern Hungarian city of Miskolc between March 3 and 5. The even was canceled in 2020 and 2021 to the new coronavirus epidemic. This year's jelly festival began with a spectacular parade and opening ceremony on Friday afternoon and will end on Sunday afternoon […]

Cultural Dialogue with Hungary

D&T
Mar 3, 2023

The Austrian Cultural Forum Budapest (Österreichisches Kulturforum Budapest – ÖKF), one of 30 Cultural Forums worldwide by Austria's Federal Ministry for European and International Affairs, looks back at a history of 45 years. The Director of the institute, Christian Autengruber tells Diplomacy&Trade about the tasks they performed and the services they provide in Hungary. Regarding […]

Hungrana Receives Prestigious Award

D&T
Mar 3, 2023

One of the largest corn processing companies in Hungary, Hungrana Ltd., has won two awards at the SAP Quality Awards for the countries of the Central and Eastern European region, the company has announced. In the competition for digitalization business development, where projects were submitted by 16 countries, Hungrana was awarded the Grand Winner and […]

Hungary's External Trade Deficit EUR 168 Mn, Improving

D&T
Mar 3, 2023

The deficit of the external trade in goods was EUR 168 million in December, the adjusted volume of export increased by 0.6, while that of import decreased by 5.0%, compared to November, the Central Statistical Office reports. In December 2022, the volume of export was 3.5% higher, while that of import was 1,0% lower than […]

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