The statue of the Wonder Stag has been unveiled in a ceremony in the garden of the National Bank of Hungary (MNB) Supervision Center and Money Museum in Budapest. The sculpture symbolizes renewal, guidance, the search for abundance and happiness, and is a symbol of the mission of the Money Museum to develop financial awareness, […]
Continental is a technology company with more than 190,000 employees around the world, develops pioneering technologies and services for sustainable and connected mobility of people and their goods. Founded in 1871, the company offers safe, efficient, intelligent and affordable solutions for vehicles, machines, traffic and transportation. In Hungary, the company operates six factories, four R&D […]
Hungary struck a mega deal with the European Union this week to reduce the amount of funds the bloc proposed to freeze. In return, the Hungarian government lifted its veto on the financial aid package for Ukraine. Monday night brought a temporary resolution to Hungary’s biggest standoff with the European Union. Member states approved Hungary’s […]
Hydro Extrusion Hungary Ltd. is continuing its automotive investments in Hungary and is increasing the extrusion capacity of its Székesfehérvár plant, SW of Budapest, with a EUR 35.7 million (HUF 14.6 billion) development, the company informed the state news agency MTI on Thursday. The company said the development will ensure the company's future growth potential […]
Széchenyi Prize-winning Hungarian research biologist and research professor at the University of Pennsylvania, Katalin Karikó, received the Semmelweis Budapest Award in the Hungarian capital on Thursday. "Katalin Karikó's discovery has saved the lives of millions of people, and thanks to her, we can now live in a safer world, because we have a weapon against […]
With the completion of the DANOVA project, Ferenc Liszt International Airport has become the first European airport to provide an independent indoor navigation application for blind and visually impaired passengers. Thanks to the development, implemented with EU funding, unaccompanied orientation and navigation at Budapest's main airport has become easier for users than ever before. A […]
Hungarians are more aware of sustainability, but are less willing to spend on it this year, according to a survey conducted by Opinio market researcher on behalf of Rondo Hullámkartongyártó [corrugated board manufacturer] Ltd. Environmentally friendly packaging was rated as important by 50% of respondents in the run-up to the festive season. If it did […]
Democracy remains the most important value EU citizens want Parliament to stand up for. 72% of respondents (78% in Hungary) believe their country has benefited from being an EU member, according to a new Eurobarometer survey. Democracy, human rights and free speech are paramount to EU citizens as they call on the European Parliament to […]
In October 2022, the volume of industrial production grew by 5.9% year-on-year in Hungary. Based on working-day adjusted data production rose by 5.1%, the Central Statistical Office reports. The volume of production increased in the majority of the manufacturing subsections, at the highest rate in the manufacture of electrical equipment. According to seasonally and working-day […]
Epidemic indicators in Hungary are low but worsening. There are more new infections, hospitalized and ventilator-treated patients with coronavirus than in the previous week. A total of 5,193 new infections were confirmed last week (up slightly from 4,704 last week), bringing the total number of identified infections to 2,176,249 since the start of the epidemic, […]
RAVAK has now been around for more than three decades and has managed to build up the largest bathroom furnishing manufacturer in the Czech Republic. István Pintér, Head of Marketing at RAVAK Hungary Ltd. tells Diplomacy&Trade, among other things, about the main milestones in the company's development and expansion and the newly built premises created […]
The emergency service in Budaörs, just southwest of Budapest, has received a very special donation: a BMW 530d model to support the emergency services, courtesy of local dealer BMW Rack Auto. The 24-hour emergency service has been available in the Budaörs and Törökbálint area since 2001, providing ambulance and emergency services and assisting GPs 24 […]
According to the Future Mobility Association, 0.79% of the total car fleet was pure electric at the end of October 2022, compared to 0.47% in 2021 and 0.29% in October 2020. A statement by the association says that 32,596 electric cars were in operation in the country in October this year, while the number of […]
The University of Pécs (PTE) in southern Hungary has been ranked 21st in the UI GreenMetric World University Rankings, an international program of 1,050 participating universities. In Hungary, PTE is ranked first in this respect – for the third time now. "Through its Green University Program, the University of Pécs wishes to further enhance its […]
The Committee of Permanent Representatives to the EU has found the required qualified majority to impose measures for the protection of the Union budget against the consequences of breaches of the principles of the rule of law in Hungary, concerning public procurement, the effectiveness of prosecutorial action and the fight against corruption in Hungary. The […]
