The company points out on the website of the Budapest Stock Exchange that the ESG report continues to strengthen the commitment towards sustainable operations by the major player in the Hungarian property services segment. In the report, NEO, a subsidiary of AKKO Invest Plc., introduces its environmental protection, social, and corporate governance targets and the […]
The vegetable processing firm Eisberg Hungary, located in Gyál, just southeast of Budapest, is renowned for great working culture, inclusion and innovation. The company, part of the Swiss Bell Food Group, has been maintaining its market leader position for over three decades. The challenges brought on by the new coronavirus epidemic and the Russian invasion […]
The Swiss-Hungarian Chamber of Commerce (Swisscham Hungary) has more than a quarter of a century of history. It is described as a cohesive, reliable, quality community. The organization’s President, Dr. István Béres, and its Director, Júlia Lipovecz, tell Diplomacy&Trade how these characteristics are reflected in the chamber's daily activities and the events held. “Whenever we […]
The stock index of the Budapest Stock Exchange (BSE) rose on the week, closing at an all-time high of 58,020.37 points on Friday, up 2.05% or 1,164.36 points from a week earlier, MTI reported Sunday morning along with a brief analysis of the week’s trading. The weekly turnover of the stock market was HUF 64.32 […]
Swiss Ambassador Jean-François Paroz's tenure epitomizes the intricate dance of diplomacy — adapting to shifting currents while upholding core principles, fostering economic prosperity while addressing challenges, and celebrating cultural ties that transcend borders. In an interview with Diplomacy&Trade, the Ambassador explored the nuances of his second term in Hungary, delving into the shifting political landscapes, […]
The European Film Academy (EFA) has awarded the title of 'European Film Treasure' for 2022 to the Hungarian capital's Nyugati Railway Station, and a commemorative plaque was unveiled on Friday in the hall of the railway station in Budapest. As the European Film Academy writes, this is the place from where the first Hungarian steam […]
Hungary and its neighbors are mulling to introduce national bans on the import of Ukrainian grain, a move that could have a great impact on European prices. The Central and Easter European countries are in talks as Members of the European Parliament are split over the temporary bans that the European Union has imposed on […]
Fourteen new Hungarian restaurants have received Michelin recommendations this year, and the number of Bib Gourmand and Green Star restaurants has also increased. The new Hungarian edition of the Michelin Guide French restaurant guide now includes 75 restaurants nationwide, making a total of 59 restaurants boasting Michelin recommendations in addition to the two two-star and […]
Kevin Macdonald and Andrew Macdonald, two of the most successful brothers in British cinema today, took Hungarian citizenship on Thursday at the Hungarian Parliament. Their grandfather was Imre Pressburger. Andrew and Kevin Macdonald, the two grandsons of the Hungarian-born Oscar-winning screenwriter, film director and producer Emeric Pressburger (born Imre Pressburger), took up Hungarian citizenship alongside […]
German ceramics manufacturer Villeroy&Boch has carried out a series of investments worth EUR 14 million (more than HUF 5 billion) in Hódmezővásárhely, SE Hungary over three years. The company is expecting a shortfall in revenues this year due to the downturn in the construction industry, the director of the company's bathroom and wellness division, Georg […]
The harvest of typical blue grape varieties in the Villány wine-growing region, where the harvest is currently in full swing until the end of October, has been of average quantity and excellent quality, the secretary of the 2,350-hectare vineyard district council told MTI. Gergely Nagy reported that the harvesting of white grape varieties, which make […]
Otthon Centrum Group's Polish subsidiary Freedom Holding has acquired an 88.2% majority stake in Investor Nieruchomości, one of the leading real estate brokerage networks in Poland, Otthon Centrum (OC) informed MTI on Wednesday. According to the statement, the agreement is aimed at acquiring a leading position in the Polish real estate market, strengthening the market […]
The European Commission (EC) has approved ‘Sárréti kökénypálinka’ from Hungary as a new protected geographical indication (PGI). The EC regulation published this Wednesday says it "grants the geographical indication ‘Sárréti kökénypálinka’ the protection referred to in Article 21 of Regulation (EU) 2019/787 in accordance with Article 30(4) of that Regulation." Therefore, the geographical indication ‘Sárréti […]
The volume of industrial production declined in Hungary in July 2023 by 2.6%, year-on-year. Based on working-day adjusted data production fell by 2.5%. Production dropped in the majority of the manufacturing subsections, the country's Central Statistical Office Reports. At the same time production volume grew in the largest weight carrying manufacture of transport equipment, and […]
Switzerland-based Stadler Group announced to expand its rail car body manufacturing capacity with an investment of EUR 45.2 million in Szolnok, E Hungary. Close to 30% of the investment costs are covered by Hungarian taxpayers through a government decision. The Stadler Group is a major player in the rail segment, producing high-speed, intercity, regional and […]
