World brands, market leaders, small and medium-sized companies are present at the same time in one place at the Hungexpo Budapest Congress and Exhibition Center in the Hungarian capital until October 22. Despite the pandemic situation, nearly 100 exhibitors decided in favor of the exhibitions, the importance of personal meetings, their economically decisive role, and […]
In the WittyLeaks series of Diplomacy&Trade, diplomats share personal accounts of their experiences on “excursions” into Hungarian culture, art, gastronomy and scenery. This time, the Peruvian ambassador delves into comparisons between Peru and Hungary. When a diplomat arrives in the country where he or she will start a tenure, it is natural to review the […]
Hungary's second largest healthcare company, Sanofi, is investing about EUR 22 million euros (approx. HUF 7.9 billion) in its Miskolc plant, increasing its production capacity for pre-filled syringes by 50%. The Hungarian government contributes HUF 1.2 billion to wards the investment. Following the investments of the past years, Sanofi is now launching another significant expansion […]
Every vision has its story. Straumann’s began more than 60 years ago. Since then, their innovations and achievements have become landmarks in dentistry worldwide. Straumann began as a family-owned business, grew into a publicly owned holding, and today, is comprised of a number of international companies around the world. The story of the Hungarian Branch […]
The output volume of the construction industry in Hungary decreased by 13.6% in one year, and increased by 1.9% compared to the previous month. According to data released by the Central Statistical Office, the volume of construction output based on raw data was 13.6% lower in August 2020 compared to the previous year. Output decreased […]
The Judas tree in Mélykút, S Hungary was elected as the Tree of the Year in Hungary this year in an online voting held by the the Ökotárs ('Eco companion') Foundation. Ökotárs has been organizing the Hungarian Tree of the Year contest since 2010. They are are searching for the most lovable tree, a tree with […]
100th VIKING mobile deck screen has been produced at Eydescreen, the Hungarian factory of the Norwegian firm EYDEMASKIN AS and sold to its new owner, a local landscaping company. As the founder of EYDEMASKIN AS, Stig Eyde put it, it is a "significant milestone for our production, and continue targeting new markets in Europe." He […]
The Energy Efficient Mortgages Initiative (EEMI) has announced that OTP Mortgage Bank has joined the Energy Efficient Mortgages Pilot Scheme. Currently, 62 lending institutions have committed to test the implementation of the final energy efficient mortgages framework into their existing product lines and processes. The EEMI is intended as a pan-European effort to coordinate market […]
After two days of intense competition in Tallinn, Estonia on October 15 and 16, Norway won the title of Bocuse d’Or Europe 2020. The Hungarian team finished 9th. Mrs. Kersti Kaljulaid, the President of Estonia, presented the award to Chef Christian Andre Pettersen from Norway who impressed Régis Marcon, president of the International Organizing Committee, and […]
World Food Day has once again brought more than 20 trucks full of donated food into the heart of Budapest. As has been happening every year since 2006, the convoy, organized by FAO and the Hungarian Food Bank Association, made a short stop at Heroes’ Square before departing for the association’s warehouse to empty 90 […]
Paul Fox, the United Kingdom’s new Ambassador Extraordinary and Plenipotentiary has handed over his credentials to János Áder, President of the Republic of Hungary this Friday at Sándor Palace in the Buda Castle. Commenting on taking up his service in Hungary, Ambassador Fox said that "as Ambassador, I will do all I can in the […]
Another 33 chronic patients died in Hungary, bringing the official number of deaths to 1,085, yet again the highest number of new deaths per day (after yesterday's 29). 1,642 coronavirus patients are hospitalized, 171 of whom are on ventilators. Among the victims is a 20-year-old man, whose underlying diseases were described as bone marrow transplantation, […]
Hungarian health authorities have given green light to the clinical trial of a coronavirus drug manufactured by local pharmaceutical company Richter Gedeon. The drug containing the antiviral agent remdesivir may thus become available to Hungarian patients. Remdesivir is the most effective drug known to date in the treatment of coronavirus infections. Hungary’s largest drug maker, […]
The foundation stone of a new production facility for Béres Pharmaceuticals was laid this Thursday in Szolnok E Hungary. The Hungarian pharma firm is expanding its activities in Szolnok with an investment of more than HUF 6 billion (which is currently close to EUR 17 million). Finance Minister Mihály Varga announced at the ceremony that […]
Finland’s Wolt could become a success story and a global brand, according to Lukasz Gadowski, the co-founder of Delivery Hero, one of the largest online food ordering networks in the world, which also owns the Hungarian food delivery firm Netpincér. The German-Polish venture capital entrepreneur invests EUR 7.5 million in Wolt, which is present in […]
