Just twelve months after commencement of works on site, BUD Cargo City has been handed over at Budapest Liszt Ferenc International Airport. The EUR 50 million facility is not only a world-class logistics base but also a catalyst, enabling Hungary and Budapest Airport to become the cargo gateway of Central and Eastern Europe, according to […]
The Magic Lamp Foundation, which has been granting wishes to sick children for 16 years, held its Charity Night for the third time this past weekend. This year, the event attracting about 300 people, was hosted by the Corinthia Hotel Budapest. The staff of the Foundation prepared several surprises for this Miracle Day. The often […]
A modern fast catamaran – with 160 paying customers on board – was in Budapest this past week-end for a sight-seeing trip connecting the Austrian and Hungarian capitals on the Danube. After a successful trial, at least three similar trips will be organized next year. The Twin City Liner has been traveling between Vienna and […]
Compañía Auxiliar de Ferrocarriles S.A. (CAF) was established in 1917 primarily as a manufacturer of freight wagons. However, the company’s beginnings date back to 1892, when the production of wagons started in Beasain in Basque Country and to 1897 with the manufacturing of tramways in Zaragoza, Aragón. Over the past century, the company has grown […]
Hungary's national football (soccer) team will face Bulgaria in the playoffs of the 2020 European championship. The draw this Friday in Bucharest, Romania also decided that the winner of that match will meet Iceland or Romania for a place in the 24-team final tournament. In its qualifying group, Hungary finished 4th behind Croatia, Wales and […]
Baron Wenckheim’s Homecoming by Hungarian writer László Krasznahorkai, the winner of the 2015 Man Booker International Prize, has won the National Book Award for translated literature. It was translated from Hungarian by Ottilie Mulzet. Krasznahorkai received the recognition at the 70th National Book Awards Ceremony & Benefit Dinner in New York City this Wednesday. The […]
The Campeonato Nacional de Liga de Primera División (LaLiga), or the top division of the Spanish football championship, is one of the most popular soccer competitions among Hungarian sports fans. Elisa Alvarez Martin, LaLiga’s representative for Hungary and the Balkans seeks to boost the popularity of the championship in this part of the continent. Elisa […]
Anita Herczegh, wife of the President of the Republic of Hungary, visited the recently opened Millennium House exhibition in the Városliget (City Park) in Budapest this Wednesday with the spouses of mission leaders accredited in Hungary. The Ambassadors' spouses, partners take part in a cultural program every fall in Budapest, Anita Herczegh was quoted as […]
9% net sales growth, nearly HUF 10 billion export sales, 37% export ratio – these are the main numbers characterizing the business results of Hungary’s ANY Security Printing Company PLC. In the first nine months of 2019, according to a report published on the website of the Hungarian Stock Exchange where the company is listed. […]
Hungarian business researcher András Tilcsik is the recipient of the Strategy category of this year's Thinkers50 Awards dubbed by the Financial Times as 'the Oscars of Management Thinking'. Tilcsik was recognized for his book 'Meltdown: Why Our Systems Fail and What We Can Do About It', written together with American Chris Clearfield. András Tilcsik is […]
Coinciding with the 30-year anniversary of diplomatic relations between Hungary and the Republic of Korea, the Korean Cultural Center has been officially re-opened at a new location in the Hungarian capital. The 8,000-sqm facility, rebuilt with a HUF three billion investment, is the fifth largest cultural center worldwide and the largest in Europe. The Center […]
Apart from the 2008 and 2009 crisis years, the volume of bilateral trade between Spain and Hungary has been on the rise since Hungary’s 2004 accession to the European Union and has more than doubled from that date. Even though the bilateral trade and investment figures of recent years are encouraging, there is ample room […]
With cooperation between Startup Campus and the Hungarian Export Promotion Agency (HEPA), three Hungarian startups made their appearance during the five-day intensive development tour of the Asia FinTech Roadshow, touching the forefront of global financial innovation in Singapore, Kuala Lumpur and Jakarta. Participating companies Brokerchooser, Péntech and Scolvo all returned home with hopes of long-term […]
In the first half of 2019, the annual growth rate of house prices accelerated to some extent at national level, while in Budapest, the annual dynamics slowed down from 24.8% to 22.5%, the National Bank of Hungary (MNB) reports. Although, the currently strong housing market demand is supported both by home starter programs and the […]
Wallis Automotive Europe, a subsidiary of AutoWallis Plc., has obtained the exclusive importer rights of Jaguar Land Rover vehicles and spare parts in a new country, this time in Hungary. Based on the outcome of the international tender, Wallis Automotive Europe will start selling Jaguar and Land Rover vehicles in the Hungarian market from April, […]
