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HIPA President Róbert Ésik at the ExxonMobil commemoration

ExxonMobil: 15 years in Hungary

D&T
Jun 21, 2019

ExxonMobil expressed its thanks to its partners and oldest colleagues for the past fifteen years' achievements in Hungary in the framework of a ceremonial event. The Budapest business service center of the US-based company, whose employee number has grown five-fold since its opening in 2004, mainly provides financial and controlling assistance to the parent company, […]

Taras Shevchenko monument in Budapest

Memories for the Future

Walking through any city in the world, one can see a lot of monuments that remind them of historic personalities or events. Budapest is not an exception, it is a city that has a lot to boast. The monuments tell us about the history of the country, the people it is proud of and its […]

TLC machine

EUR 30 Million TLC Investment in Litér

D&T
Jun 20, 2019

TLC Kft., which belongs to the German Sennebogen company, is building a new plant in Hungary. As an expert in welded heavy steel structural component production, TLC is investing more than EUR 30 million in capacity expansion and machinery modernization, which will also involve the creation of 80 new jobs. The Germany-based family-run business of […]

Wizz Air Airbus A321

Wizz Air Expands Its Fleet Further

D&T
Jun 20, 2019

Wizz Air, the largest low-cost airline in Central and Eastern Europe, has announced that, as part of the Indigo Partners deal, it has signed a memorandum of understanding with Airbus S.A.S. relating to exercising a part of its existing options for the purchase of twenty Airbus A321XLR aircraft. The present order will be delivered over […]

Kosice - Slovakia

Košice Welcomes Ice Hockey Fans

D&T
Jun 19, 2019

The Eastern Slovakian city of Košice was one of the venues of the World Ice Hockey Championships this May, hosting a multitude of visitors. Following the event, Mayor Jaroslav Polaček thanked the organizing committee and other partners for their work in welcoming approximately 250,000 visitors to the city – many of them from within the […]

Hableány

Ill-Fated Boat Recovered from the Danube

D&T
Jun 19, 2019

On June 11, following several days of preparations, the wreckage of the 40-ton, 27-meter sightseeing boat Hableány (Mermaid) was lifted by rescue workers with the help of a crane vessel from the bottom of the River Danube onto a barge in Budapest. The Hableány sank almost two weeks before: shortly after 9 p.m. on May […]

Qatar Airways Sky Trax 2019

Qatar Airways Wins Four SkyTrax Awards

D&T
Jun 18, 2019

Qatar Airways has won four prestigious prizes at this year’s 2019 Skytrax World Airline Awards, including the highest accolade of ‘World’s Best Airline’ – becoming the only airline in the competition’s history to win it five times (2011, 2012, 2015, 2017 and 2019). The airline has been named ‘Best Airline in the Middle East’ for […]

Mariana Bíró and Sándor Rácz

Hungarian-Argentine Inventor Remembered

D&T
Jun 18, 2019

The world’s probably most commonly used tool is the ballpoint pen. Its commercially successful version was invented by a Hungarian, László Bíró, who was born 120 years ago in Budapest. He patented the first modern ballpoint pen in Paris in 1938. Five years later, he fled the Nazis with his brother, moving to Argentina in […]

Max Verstappen

The Best Thing Is Driving the Car

D&T
Jun 18, 2019

Aged 17 years and 166 days, Dutch driver Max Verstappen became the youngest driver to compete in the Formula One car race series when he debuted at the 2015 Australian Grand Prix. This means, at only 21 years old, he already has four years of F1 experience. The young driver visited Budapest on May 1 […]

Massimo Rustico

Huge Economic and Trade Potential

Sándor Laczkó
Jun 17, 2019

In the recent months, political discussions between Italian and Hungarian officials have become more active. According to Ambassador Rustico, Italy and Hungary have been holding a very good relationship for several years. “A concrete momentum has been put in place, of course, with the 5 Stars/League government taking office in Rome in June 2018 and […]

Hungarian Winner at the Roland Garros

D&T
Jun 16, 2019

Hungary’s top female tennis player, Tímea Babos – paired with France’s Kristina Mladenovic – has won the women’s doubles final at the French Open tournament by beating the Chinese duo of Duan Ying Ying and Zheng Saisai 6-2, 6-3. This is the second Grand Slam title for Babos after winning the Australian Open, also in […]

Solar Panels

Chinese Firm to Start Huge Solar Park in Hungary

D&T
Jun 16, 2019

The China National Machinery Import & Export Corporation (CMC) is to build the largest solar park of Central Europe in Kaposvár, SW Hungary, the Hungarian Ministry for Innovation and Technology (ITM) has announced. The total cost of building of the almost 100 MW solar power plant is estimated at HUF 32 billion, which is close […]

Juraj Chmiel

Historical Record in Business Exchange

Sándor Laczkó
Jun 6, 2019

“We consider ourselves honorary neighbors. There are no open issues and both official and informal contacts are continually developing in many fields. The V4, including the International Visegrád Fund (IVF) contributes to experts, academics, NGOs and students exchanges, and people to people contacts. Our countries cooperate in the EU where they often find themselves in […]

Donald Trump and Viktor Orbán

A Breakthrough of Sorts…

Tamás Magyarics
Jun 5, 2019

Prime Minister Viktor Orbán paid a long overdue visit to the President of the United States on May 13, 2019. The last time he had an invitation from the White House was almost 20 years ago, and the latest time a Hungarian Prime Minister paid an official visit to a U.S. President was in 2005. […]

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