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Official Figures Show 4.6% Annual Inflation Rate

D&T
Aug 11, 2021

Consumer prices were 4.6% higher on average in July 2021 than a year earlier, according to the Central Statistical Office. Significant price rises were measured over the last 12 months for alcoholic beverages and tobacco as well as motor fuels. In one month, consumer prices were up by 0.5% on average. In the past 12 months, compared […]

Ferenc Liszt International Airport Wins Skytrax Award

D&T
Aug 10, 2021

Ferenc Liszt International Airport operated by Budapest Airport won the recognition in the category of “Best airport in Eastern Europe” for the eighth time running. As in previous years, the award was decided by the passengers themselves, recognizing the work of the Budapest Airport community. World Airport Awards is one of the most prestigious aviation […]

Embracing Domestic Products and the Environment

D&T
Aug 10, 2021

SPAR Hungary has been an important player in the Hungarian economy and retail trade for three decades. As one of the largest employers in Hungary, it provides jobs for nearly 13,000 people and supports family businesses, producers and farmers operating in Hungary. The company, which is celebrating its anniversary, adapts to consumer needs by keeping […]

First Laborpont Opens in Szervita Square Building

D&T
Aug 10, 2021

The Szervita Square Building in downtown Budapest will house the first Laborpont medical outpatient care and laboratory diagnostics center from October 2021 on the premium property’s ground floor area. A statement by Horizon Development say that the healthcare provider will offer 1,000 different types of pain-free, non-prescription blood tests to the general public (adults and […]

Ceremonial Reception for Hungary's Olympic Athletes

D&T
Aug 9, 2021

The Hungarian athletes, medalists and medal winners of the Tokyo Olympics were welcomed by officials and fans at the BOK Hall in Budapest on Monday. At the ceremony, which was attended by hundreds of supporters, the President of the Hungarian Olympic Committee, Krisztián Kulcsár, underlined that "the Hungarian Olympians are now being welcomed with the […]

Budapest Zoo 155 Years Old

D&T
Aug 9, 2021

The Budapest Zoo celebrated its 155th anniversary with a variety of activities this past week-end. Located in the City Park, the institution offered guided tours, lectures and concerts from Saturday to Monday. One of the oldest zoos in the world, it opened on August 9, 1866 to the sound of the noon bell. Its 'birthday' […]

Huge Profit at the Oil and Gas Company MOL

D&T
Aug 9, 2021

MOL Plc. significantly increased its revenues in the second quarter, with first-half EBITDA (operating profit before interest, taxes, depreciation and amortisation) exceeding HUF 505 billion, more than double the result of the same period last year, according to a report published on the website of the Budapest Stock Exchange (BSE). Highlights of the period included► […]

Be Stylish and Different: Be Yourself!

D&T
Aug 8, 2021

Having spent two decades working for multinational companies, Anita Kurunczi has decided to accomplish her long cherished dream based on what she had learned from her tailor grandfather: design and sell stylish fashion clothes with an eye to environmental considerations. She has long been making dresses – even during those ‘multinational years’ – but just […]

Final Day Bronze for Hungary and Place 15 on the Medal Table

D&T
Aug 8, 2021

The Hungarian national team beat Spain 9-5 on the last day of the Tokyo Summer Olympic Games to clinch the third place. All in all, Hungary finished 15th on the medal table with six gold, seven silver and seven bronze medals. After thirteen years, the Hungarian men's water polo team won another medal at the […]

Achieving the Body of Your Dreams

D&T
Aug 7, 2021

People who would continuously like to improve their appearance can achieve a lot from exercise to diets. However, they do not always help and that is when new technologies come into the picture. That is what the ‘Dream Body & More’ body slimming studio, located in downtown Budapest with easy access from both the Buda […]

One Gold and One Bronze for Hungary in Water Sports

D&T
Aug 7, 2021

In the women's kayak four 500-meter final, the Hungarian team defended their title to win the sixth gold for Hungary in Tokyo 2020, while the country's national team defeated the Russian Olympic Committee side in women's water polo to take the bronze medal. The Hungarian quartet won the women's kayak 500-meter event confidently in London […]

Domingo Concert to Honor Healthcare Workers in Győr

D&T
Aug 6, 2021

Spanish opera singer Plácido Domingo gave a free concert in Győr, NW Hungary with the local Philharmonic Orchestra in honor of health workers this Friday evening. According to the organisers, the world-famous Plácido Domingo has long shown a strong affinity for Hungarian music and culture, coupled with a willingness to give to those who have […]

Modern Pentathlon and Karate Bronzes for Hungary in Tokyo

D&T
Aug 6, 2021

Sarolta Kovács in women's modern pentathlon and Gábor Hárspataki in karate finished third this Friday at the Tokyo Summer Olympic Games, producing the 16th and 17th medal for Hungary. Following the fencing and swimming legs of the modern pentathlon held on Thursday, 30-year-old Sarolta Kovács, the 2017 individual world champion of this sport, did well […]

The Biggest Celebration Ever

D&T
Aug 6, 2021

A series of festival-style events are being organized to mark the national holiday of August 20, government officials announced this week in Budapest. August 20 is an official holiday to commemorate the foundation of the Hungarian state and its founder, King St. Stephen. As it was announced, the biggest ever celebration is being prepared, with […]

Driven by Curiosity

D&T
Aug 5, 2021

World-renowned Austrian-American chef and restaurateur Wolfgang Puck has recently opened, in Budapest’s Matild Palace hotel, the first European outpost of his iconic Spago restaurant, which stars as his signature culinary experience. He shares some thoughts with Diplomacy&Trade on how his career has evolved and how the experience accumulated is put to use in the Hungarian […]

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