Hungary's Tímea Babos - in pair with France's Kristina Mladenovic - won the women's doubles title at the Australian Open tennis Grand Slam tournament in Melbourne this Friday. In the final, he No.2 seed Franco-Hungarian pair defeated top seeds Hsieh Su-Wei of Taiwan and Barbora Strycova of the Czech Republic in two straight sets, 6-2 […]
Wizz Air, a low-cost airline with Hungarian background, posted record-high after-tax profit of EUR 21.4 million in the third quarter that ended on December 31. According to a statement of results published on the company's website this Wednesday, Wizz Air increased its revenue by 24.6% to EUR 637 million during this period, while passenger traffic […]
The Croatian oil company INA is now over 55 years old. Over this period, it has greatly contributed to the country’s energy security. In the past decade, it went through further development as part of the Hungarian MOL Group and as a firm committed to sustainability and supporter of the local community. Speaking about the […]
Reflections on the book, Central Europe Revisited, by Emil Brix and Erhard Busek will be held with an Academic Book Launch and roundtable discussion at the Hungarian Academy of Science, sponsored by the Institute of Advanced Studies Kőszeg (iASK). There are two often contradictory narratives on Central Europe these days. The first is that Central […]
The 630,000 m2 of certified green office space as of 2015 year-end had increased to over 1,500,000 m2 by the end of 2019, more than doubling the amount of green office space. This represents 40% of the total modern office stock. There have also been doubles in the number of certified office buildings or office […]
The lighting company Tungsram and Startup Campus is launching a new acceleration program specifically aimed at hardware startups in Hungary. Participants will receive an initial capital investment of HUF 20 million (EUR 60,000), resources for production and testing, as well as business training. By the end of the half-year program, they should be able to […]
Zagreb-based Orbico Group is the leading distributor for a large number of quality globally known brands ranging from beauty care products through food and non-food products, technical and electrical appliances to pharmaceuticals, toys, textile, cigarettes as well as motor oil products. It has been present on the Hungarian market since 2011. Orbico Ltd., the owner […]
Budapest Airport has been awarded ACI’s neutral airport carbon accreditation for the third year running, and thus remains a member of the elite club of airports which fully offset the carbon dioxide emissions generated in the course of their operation, in a sustainable manner. Budapest Airport is the only airport in the Central and Eastern […]
The European Investment Bank and the Ministry of Finance of Hungary signed this Thursday in Budapest an EUR 150 million loan for the construction and rehabilitation of eight schools, 16 classroom extensions and 20 new sport halls in schools, as well as the construction of 26 swimming pools and 17 larger gymnasiums in public schools […]
OTP Bank is the largest commercial bank in Hungary, and OTP Group is one of the largest independent financial services providers in Central and Eastern Europe. Its Croatian subsidiary is the fourth largest bank in that country with a potential for further growth. “At our closing event in March 2005, when OTP Bank took over […]
The Day of Hungarian Culture has been celebrated on January since 1989 in memory of poet Ferenc Kölcsey who – on this day in 1823 – finalized the manuscript of what came to be the Hungarian national anthem. Commemorations related to the anniversary provide an occasion for Hungarians to pay more attention to their millennial […]
The Hungarian national public transport bus company Volánbusz Co. Ltd. will buy fifteen new high-capacity buses worth nearly HUF 1.2 billion from Volvo Hungária Ltd. The buses are expected to be available from May, Volánbusz told the Hungarian news agency MTI this Tuesday. The vehicle purchase contract was signed on January 21 by Volánbusz Co. […]
Established in July 2012, the Hungarian-Croatian Section of the Hungarian Chamber of Commerce and Industry aims to foster economic and trade relations between the two countries and serve the economic interests of their entrepreneurs. In addition, the Section is responsible for supporting and lobbying in favor of Hungarian-owned companies operating in Croatia and Hungarian companies […]
In the first six months of 2020, Croatia holds the Presidency of the Council of the European Union with the motto ‘A strong Europe in a world of challenges.’ When elaborating on these challenges, the Croatian Ambassador to Hungary, Dr. Mladen Andrlić tells Diplomacy&Trade that “we are talking about the overall international scene, which is […]
The Swiss multinational food and drink processing corporation Nestlé has announced that it will invest up to CHF 2 billion to lead the shift from virgin plastics to food-grade recycled plastics and to accelerate the development of innovative sustainable packaging solutions. Building on its 2018 commitment to make 100% of its packaging recyclable or reusable […]
