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Articles by Date

July 2024

40 hits

Orbán's Unannounced Visit to Ukraine

D&T
Jul 4, 2024

Viktor Orbán, Hungary's Prime Minister, made an unannounced visit to Ukraine this week, shortly after assuming the rotating presidency of the European Union. During his time in Kyiv, Orbán suggested that a ceasefire between Russia and Ukraine could expedite negotiations to end the war that erupted following Russia's full-scale invasion in 2022. Viktor Orbán, known […]

GLS Acquires Hungarian Company iLogistic

D&T
Jul 4, 2024

GLS Group, the leading package logistics service provider in Europe and North America, has announced the acquisition of the Hungarian company iLogistic, a key player in full-scale web store warehouse logistics services specializing in e-commerce. While the financial details of the acquisition remain undisclosed, this strategic move enables GLS to enhance its service offerings, particularly […]

Budapest French Institute to Host National Day Street Party

D&T
Jul 4, 2024

The Budapest French Institute is set to celebrate the French national holiday with a lively street party, featuring free concerts and workshops on July 13 in the capital. This annual event offers a rich blend of cultural activities, highlighting the diversity and vibrancy of French and international traditions. Evening Highlights Break Dancing Workshop: Kicking off […]

Hungary's Role in EU-China Relations

D&T
Jul 4, 2024

Thanks to its developing relations with the Far East, Hungary plays a prominent role in the relations between China and the EU, according to the Minister of National Economy. Speaking at the EU-China tourism summit in Budapest on Wednesday evening, minister Márton Nagy was of the view that that during his EU presidency, which began […]

Japanese Roots, Hungarian Commitment

D&T
Jul 3, 2024

Bridgestone’s plant in Tatabánya – being an integral part of the global company group – is operating in line with the principles of its Japanese founder, Shojiro Ishibashi, and also operates with great flexibility to quickly adapt to the challenges posed by the ever-changing world. And in recent decades, the road of adapting always lead […]

Financial Awareness and Self-Sufficiency Training Program

D&T
Jul 3, 2024

More than 130 individuals participated in the financial awareness and self-sufficiency training program organized by Provident Financial Ltd. and the Hungarian Interchurch Aid. This initiative marks the first year of a partnership aimed at enhancing the financial literacy of disadvantaged groups and promoting self-sufficiency among affected families. Building on the success of the past year, […]

Japan’s Bridge to Business in Hungary

D&T
Jul 2, 2024

The Budapest office of the Japan External Trade Organization (JETRO) looks back at the history of over three decades now. The office’s General Director, Yasunari Miyauchi tells Diplomacy&Trade how the organization helps widening Japanese corporate presence in Hungary and promoting trade and investment between the two countries. The Japan External Trade Organization is a government-related […]

AutoWallis Group Acquires Three Czech BMW Dealerships

D&T
Jul 2, 2024

The acquisition effectively supports the company's strategy, which aims to further expand through acquisitions in addition to organic growth and business development, the AutoWallis Group says in a statement. With the acquisition, the AutoWallis Group is establishes its presence in the Czech car retail market in addition to the Hungarian and Slovenian ones, while its […]

Hungarian Presidency of the Council of the European Union

D&T
Jul 2, 2024

The Hungarian Prime Minister Viktor Orbán has officially taken over the presidency of the European Council from the Belgian Prime Minister Alexander De Croo. The handover took place in Brussels on Monday, where Orbán and De Croo held talks to mark the transition. This marks the beginning of Hungary's six-month tenure in the role. During […]

Cherishing a Long-Standing Friendship

Sándor Laczkó
Jul 2, 2024

The Ambassador of Japan to Hungary, Hikariko Ono presented her credentials to the Hungarian President in Budapest at the end of March this year. Regarding her first impressions, she tells Diplomacy&Trade that as she begins her tenure in this country, she is deeply humbled to be serving “in this distinguished European nation, renowned for its […]

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