In her new one-woman show, New York icon Candace Bushnell, the international best-selling novelist and creator of ‘Sex and the City’ takes the audience on whirlwind tour of New York City, from Studio 54 to the Lipstick Jungle and beyond, sharing her remarkable stories of fashion, literature and sex while pouring cosmos in Manolos. She […]
German industrial equipment manufacturer heavyweight Harro Höfliger is set to produce custom machines used in medical technology and the pharmaceutical industry at its new plant in Debrecen, E Hungary, built in an investment project of EUR 14 million, the Hungarian Investment Promotion Agency (HIPA) reports. Founded 50 years ago, Harro Höfliger acquired the Hungarian operations […]
German industry giant Bosch has completed a nearly 100,000-square-meter logistics and warehouse center in Miskolc, NE Hungary. The EUR 150 million investment will supply 26 countries with a wide range of Bosch products, the Hungarian Investment Promotion Agency (HIPA) reports. Located on the site of a former municipal airport, the significance of the investment extends […]
OTP Bank has opened a mobile branch in Polgár, Hajdú-Bihar County, offering the same services as traditional cashless branches, the bank told MTI on Thursday. The bank decided to launch a mobile branch in another settlement due to the positive experience so far, they said. Although more and more people are settling simple transactions via […]
Hungary's Goodwill Pharma Plc. has expanded its warehouse capacity, built a research and development and innovation laboratory, a new head office and a pharmaceutical manufacturing plant in Szeged, Hungary, the almost HUF 5 billion investment was handed over on Thursday. Ferenc Jójárt, CEO of the Szeged-based company, said at the ceremony that Goodwill Pharma is […]
The nineteenth edition of Hungary’s most prestigious banking sector competition, the 'Mastercard – Bank of the Year', has concluded. This year, the competition was revamped, with the nine award categories grouped into three main segments: in Daily Banking, OTP Bank delivered the most outstanding performance; in Innovation, K&H Bank took the lead; and in the […]
There is a phrase in Hungary – “Valaminek a Csimborasszója” – which means the peak of something in the Hungarian language. It is similar to the Chimborazo of Ecuador, an imposing dormant volcano in my country that has a fascinating and symbolic connection with the world, both from a geographical as well as cultural and […]
Demand for non-alcoholic beverages is growing worldwide and it is becoming increasingly important for HoReCa operators to offer a premium non-alcoholic choice. Spájz, who alongside its award-winning syrups and RTD drinks, is also strengthening its portfolio with fruit purees focused on processing quality fruit, organised an expert networking event to present the latest trends and […]
Hungary's inflation rate surged unexpectedly in January, driven by sharp increases in fuel, food, and service costs, posing fresh challenges for monetary policy. The latest data indicates mounting price pressures, with core inflation also worsening, raising concerns over the central bank’s ability to ease interest rates in the near future. Official figures show that Hungary’s […]
How can Eastern Europeanism be defined? What is it that is distinctively its own, that binds the peoples who live here and share a common history and geography? And what are the global solutions to local specificities? Or what and how does all this become one in Euro-ness? What are the trends towards deeper European […]
The majority of people believe that it is now essential to be able to pay by credit card in shops, markets and at service providers such as plumbers or hairdressers, OTP Mobil said on Tuesday, based on a representative survey conducted by MTI. The survey, representative of the Hungarian population aged 18 and over, was […]
According to the European Investment Bank (EIB) Investment Survey (EIBIS) 2024 just released, four in five Hungarian firms invested in 2023 and this is similar to last year’s EIBIS findings. However, the investment outlook has fallen and is now negative with more firms expecting to reduce rather than increase their investment in EIBIS 2024. The […]
Based on PwC's Q1-Q3 surveys and preliminary data for Q4, the total Hungarian e-commerce market could reach HUF 1920 billion in 2024, with a 15% increase in turnover, of which 17% - around HUF 330 billion - is already generated by import trade. Imports have also clearly become a growth driver in 2024, as domestic […]
The results of a Hungarian medical research could revolutionize the treatment of thyroid cancer in East-Central Europe; with the new, incision-free procedure, Hungary could play a leading role in medical innovation, the Premier Med Health, Education and Research Institute and Semmelweis University, which are participating in the research, told MTI. They said that several years […]
Hungarian photographer Esther Horvath returned this past December from her latest polar region trip during which she spent about a month in Svalbard, a Norwegian archipelago in the Arctic Ocean. She tells Diplomacy&Trade about how she originally fell in love with that region, what is life like on expeditions like this and how all this […]
