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April 2025

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Hungarian-Japanese Club at the Osaka Expo

Sándor Laczkó
Apr 7, 2025

The Hungarian-Japanese Economic Club (MJGK) was founded in 1971 to provide information, events and networking opportunities for companies and individuals interested in improving economic cooperation between Hungary and Japan. It comes as no surprise that this year, the Club’s activities are mainly related to the world exposition to be held in Osaka. Diplomacy&Trade talked to […]

E.ON to Extend High-Voltage Transmission Lines in Hungary

D&T
Apr 7, 2025

The E.ON Hungária Group is building more than 120 kilometers of high-voltage transmission lines in the Transdanubian region as part of its Danube InGrid program, the company, which operates the electricity grids of the Danube region, Pest county and Budapest, told MTI on Monday. They stressed that the total value of the investment is HUF […]

Retail Sales Up in Hungary 3.3% Year-on-Year

D&T
Apr 7, 2025

In February 2025, the volume of retail trade was 0.2% lower in raw data, or 3.3% higher in calendar (and leap-year effects) adjusted terms, than in the same month of the previous year. Compared to the same period of the previous year, calendar-adjusted sale volumes expanded by 3.5% in specialized and non-specialized food shops, by […]

Toyota – a Car for Everyone

D&T
Apr 6, 2025

For the third year in a row, Toyota has been the market leader in Hungary, which is no coincidence, as the brand offers choice for all levels of society. The Japanese car manufacturer says no matter whether you're looking for a small city car, a family hatchback or a futuristic five-door vehicle, Toyota has a […]

Japan – a Love of a Lifetime

D&T
Apr 5, 2025

Japan, the ‘Land of the Rising Sun’, is one of the most exotic tourist destinations in the world. “The true magnificence of Japan is that it offers something for everyone.” That is how Karolina Simon, the head of travel agency and tour operator Japanspecialist, describes the attractiveness of the far-eastern island country for visitors. With […]

2024: an Outstanding Year for VERTIKAL Group

D&T
Apr 4, 2025

Last year was an outstanding year for VERTIKAL Group, a company implementing the concept of a circular economy and operating in the environmental management, logistics and plastics industries, the company listed on BSE's Xtend platform told MTI on Friday. According to the statement, net sales increased by 67% last year compared to HUF 12.5 billion […]

A Slice of Hungarian Culture

Sándor Laczkó
Apr 4, 2025

Zoboki Design & Architecture, one of the largest architectural studios in Hungary with decades of experience in Hungary and abroad, has been chosen to create the concept for the Hungarian Pavilion at this year's World Expo in Osaka. Their design director, András Csiszér tells Diplomacy&Trade how they were selected for this job and what ideas […]

NO STRINGS ATTACHED in the Hungarian Capital

D&T
Apr 4, 2025

The Brody House in Budapest presents NO STRINGS ATTACHED, a photography exhibition that explores the journey of shedding dependency and embracing self-authenticity. Through the lens of liberation from societal expectations, familial pressures, and the invisible bonds of personal beliefs, this collection reveals the transformative process of stepping into one's true identity. Each series invites reflection […]

Duna House Group: Powerful Start to 2025

D&T
Apr 4, 2025

Real-estate intermediation volumes reached again an all-time high record, growing 15% y-o-y and +2% q-o-q. Financial intermediation volumes hovered close the record levels of previous quarter with 11% y-o-y growth (-2% on quarterly basis), the real estate broker Duna House has reported on the website of the Budapest Stock Exchange. Italian loan intermediation volumes grew […]

Korean Embroidery Exhibition in Budapest

D&T
Apr 4, 2025

The Korean Cultural Center in the Hungarian capital presents the ROYAL PALACE exhibition, the symbolic title of which evokes the history and artistic value of Korean embroidery. It features works by Lee Jungsook that reinterpret court embroidery from the Joseon period. Through them, the uniquely subtle beauty and deep cultural significance of Korean embroidery is […]

Hungary to Withdraw from International Criminal Court Amid Netanyahu Visit

D&T
Apr 4, 2025

Hungary announced its decision to withdraw from the International Criminal Court (ICC), just hours after welcoming Israeli Prime Minister Benjamin Netanyahu to Budapest with full ceremonial honors - despite an international arrest warrant issued against him. The move underscores Hungary's defiance of international legal obligations and positions it as the only European Union member state […]

Hungary's Industrial Production Down by 8.7%

D&T
Apr 4, 2025

The volume of industrial production in Hungary lagged behind the one year earlier level by 8.7% in February 2024, based on working-day adjusted data, declined by 8.0%. According to seasonally and working-day adjusted data, industrial output was 1.3% lower than in January 2025, the country's Central Statistical Office (KSH) reports. Production volume decreased in every […]

Bird Protection: E.ON Continues Cooperation

D&T
Apr 3, 2025

Bird conservation is a mission that is no longer just the responsibility of one organization - it is a shared goal in which everyone plays a role. For years, the Danube-Ipoly National Park and E.ON have been working together to protect birds. The national energy company has been involved in nature conservation, including bird conservation, […]

Roman Mithras Shrine and Related Artefacts Presented

D&T
Apr 3, 2025

The Roman ruins excavated at the former Óbuda Distillery (in the north of the Hungarian capital), now under construction at the Waterfront City residential development, are several meters below the current walkway level, so they can only be displayed at a higher level. The ruin walls of great cultural importance, excavated by experts from the […]

Japanese Fundamentals and Hungarian Dedication

D&T
Apr 3, 2025

“Serving society with superior quality” – this mission has defined the operation of Bridgestone Group and the corporation’s Hungarian factory, Bridgestone Tatabánya plant since the beginning. The principles of the Japanese founder, Shojiro Ishibashi permeates the operation of Bridgestone even today, referring not only to the quality of the products and services of the company, […]

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