Several public collections, higher educational institutions, and research institutes are forced to close their doors in the coming winter months in Hungary. The library of Central European University in Budapest, however, remains open, CEU has announced. Furthermore, the leadership of the university decided to expand access to the library for the students and faculty of […]
The latest small satellite of the Budapest University of Technology and Economics (BME), the MRC-100, which will study electro smog around the Earth, has been completed. The spacecraft is scheduled to be launched into space in May 2023. The small satellite was built over three years in collaboration with teachers, researchers and students from the […]
In October 2022, the volume of retail trade in both raw and calendar-adjusted data was 0.6% higher than in the same month of the previous year in Hungary, the Central Statistical Office reports. Details reveal that that in October, calendar-adjusted sales volumes decreased by 5.6% in specialized and non-specialized food shops and by 0.9% in […]
The number of foreign used cars registered this past November did not move upwards either, the JóAutók.hu [‘GoodCars’] dealer portal said in its analysis on Monday, based on fresh data from Datahouse. The number of imported used cars was 9,663, which is 19% lower than the 11,963 registered a year earlier. The monthly sales of […]
CzechTrade is the state export promotion agency of the Ministry of Industry and Trade of the Czech Republic. Its aim is to develop international trade and cooperation between Czech and foreign companies. The Director the agency’s Budapest office, Dóra Egressy tells Diplomacy&Trade about the scope of their activities in Czech-Hungarian business relations. As the Director […]
Grand Tokaj, the most important wine producer in the Tokaj-Hegyalja wine region, expects an increase in turnover in the run-up to the holidays and stable profits in the longer term. The company's CEO, László Rábai told the state news agency MTI that by the end of December, revenue could reach or even exceed HUF 3 […]
The 10th Anniversary MikuLÁSS [a Hungarian pun made up from Mikulás, that is Santa Claus, and LÁSS, that is Be able to see!] Charity Run was held on Margaret Island this Sunday. The some 1,500 participants had the opportunity to run three different distances on the island in the middle of the Budapest stretch of […]
In the second half of 2022, the Czech Republic is holding the rotating Presidency of the Council of the European Union. On this occasion, Diplomacy&Trade has carried an extensive interview with the Czech Ambassador to Hungary, Tibor Bial who presents in detail the priorities of the Presidency in addition to highlighting Czech-Hungarian cooperation in various […]
Hungary’s Judit Polgár, the strongest female chess player of all time, has been inducted into the World Chess Hall of Fame. The ceremony took place during the 6th Annual Strategy Across the Board Gala hosted by the Saint Louis Chess Club and the World Chess Hall of Fame this Saturday evening in Saint Louis, Missouri […]
The Budapest Stock Exchange (BSE) stock index rose in the week, closing at 45,804.29 points on Friday, up 88.96 points, or 0.19%, from a week earlier, the state news agency MTI reported along with a brief analysis of the week. The weekly turnover of the stock market was HUF 71.297 billion, compared to HUF 51.203 […]
An airport is the starting point for exciting discoveries all over the world; it is part of the travel experience. As the gateway to Hungary, the Hungarian capital’s Ferenc Liszt International Airport would like to provide space for Hungarian art and cultural life as well, so that passengers arriving and departing from Hungary can get […]
Runaway inflation, rising energy prices and changing audience habits are posing extreme challenges for cinemas, including Cinema City. However, the country's biggest cinema chain has no plans to cut the number of screenings, but expects overheads to rise further after January, the business news site napi.hu reports. There are currently no plans to raise prices […]
On Friday, 6,490 people entered Hungary crossing the Ukrainian-Hungarian border, while 5,612 of those entering at the Romanian-Hungarian border crossing declared that they had arrived from Ukraine, the National Police Headquarters (ORFK) informed the state news agency MTI on Saturday. Of those who entered, police issued 200 people with temporary residence permits valid for 30 […]
If the government does not phase out a gasoline price cap it had introduced, there could be even more serious disruptions in supply than at present, Attila Holoda, energy market expert and former energy state secretary of the Orbán government, told mfor.hu in an interview. Holoda believes that the government will be forced to lift […]
“My main occupation is being a medical doctor, which I enjoy doing and which actually relaxes me and gives me pleasure every minute.” That is the credo of Dr. Béla Merkely, Hungarian interventional and sports cardiologist, university professor and director of Semmelweis University's Heart and Vascular Center. Since July, 2018, he has served as the […]
