KNAPP Hungary Ltd., a company manufacturing equipment for warehouse automation, has established a production plant with a EUR 16.7 million investment in Nemesvámos, north of Lake Balaton. The inauguration ceremony took place at the site where 250 new jobs will be created by the end of 2022. Having a tradition of seventy years, Austrian KNAPP […]
Avian influenza has been detected at a farm in southern Hungary, food safety authority NÉBIH said on its website. The virus was detected at a goose farm in Bács-Kiskun County. The 3,500 birds have been culled, the state news agency MTI reports. The laboratory of the National Food Chain Safety Office ( NÉBIH ) has […]
Tungsram, an internationally renowned multinational company headquartered in Budapest, offers lighting and intelligent lighting-based services, smart solutions for buildings and cities, as well as tailor-made ‘greentech’ solutions. The company looks back at a history of over 125 years. Its President & CEO Joerg Bauer tells Diplomacy&Trade about how Tungsram reacts to market changes and opens […]
Hungarian films bagged several accolades at the Porto and ECU film festivals last week, Hungary’s National Film Institute (NFI) reports. Máté Bence Fazekas won the award for Best Screenplay at the Porto International Film Festival for his work on the film 'Eviction'. Inspired by a true story, the comedy drama depicts the struggle between a […]
The volume of construction output in February 2022 surpassed the previous year’s level by 42.3% in Hungary according to raw data published by the Central Statistical Office this Wednesday. Among the two main groups, output was 56.2% higher in the construction of buildings and rose by 20.0% in civil engineering compared to the February 2021 […]
2,740 new infections have been confirmed in the past 24 hours in Hungary, bringing the total number of identified infections since the beginning of the epidemic to 1,876,946, according to the government portal koronavirus.gov.hu. The deaths of 26 patients, most of them elderly and chronic, bring the official total number of fatalities related to the […]
The much-loved institution of Budapest’s history, the former ‘Belvárosi Kávéház’ (‘Downton Café’), returns to Budapest’s social life after being asleep for decades as Matild Café & Cabaret on May 19 this year. After a long-detailed renovation period, the 300-seater venue will await guests in Matild Palace as the reimagination of the café originally opened in […]
The gloomy winter is over, spring is here and this is visible in the passenger numbers of Budapest’s Ferenc Liszt International Airport as well: it handled 176,000 more passengers in March compared to February, according to a statement by the management company Budapest Airport. With the arrival of the good weather, the propensity to travel […]
A declared aim by the Hungarian Export Promotion Agency (HEPA) is to be a reliable and active partner for Hungarian SMEs in the field of export development, contributing to domestic export success. The CEO of the organization, Dr. Kristóf Szabó explains to Diplomacy&Trade how they wish to achieve this goal and make selected firms ‘export-ready’. […]
Hungarian real estate broker firm Otthon Centrum Holding is acquiring a majority stake in Open House franchise and loan brokerage holding company, according to a statement published on the website of the Budapest Stock Exchange (BSE) on Monday. The transaction will result in a higher quality and more efficient customer service through the utilization of […]
The Hungarian National Gallery's (MNG) Art Deco Budapest – Posters, Objects, Spaces (1925-1938) exhibition, which opens on Tuesday, evokes the visual culture of Budapest in the 1920s and 1930s through some 250 posters, furniture, costumes, applied art and other artefacts. The exhibition focuses on Hungarian Art Deco visual culture, especially poster art and modern metropolitan […]
42 % of Hungarians who work from home at least one day a week are planning to renovate their homes to make their environment more suitable for telecommuting, and 48 % have already made some improvements for this purpose, according to a Hungarian survey sent to the state news agency MTI on Monday. The representative […]
4,657 new infections have been confirmed and 60 patients have died in Hungary in the past three days, that is, since Friday last week, bringing the total number of deaths to 45,781, according to the related government website koronavirus.gov.hu. The number of active infections has fallen to 95,067. 1,755 patients with coronavirus are hospitalized, 48 […]
Sopron Basket became the first Hungarian team to win the women's basketball Euroleague, the top European competition in this sport, as they beat host Fenerbahce 60-55 in the final of the quadruple final in Istanbul on Sunday. As expected, a hell of an atmosphere greeted the Hungarians at Ülker Spor ve Etkinlik Salonu sports hall […]
The Budapest Stock Exchange (BSE) share index, the BUX, closed Friday at 42,191.13 points, down 2,843.66 points or 6.31% from last week's close. Weekly turnover on the stock market fell to HUF 115.15 billion from HUF 121.09 billion the previous week, with all leading shares weakening, the state news agency MTI reported this Sunday morning. […]
