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Lufthansa Systems Opens New Division in Hungary

D&T
Nov 28, 2019

Lufthansa Systems Hungária will open a new division at its base in Szeged, southeastern Hungary, specializing in the development and testing of software used in the aviation industry, state news agency MTI reported.The division will initially employ 10-15 IT professionals but the company plans to increase headcount by 15-20 employees every year. Lufthansa Systems started […]

The University of Debrecen

EU Official Visits University of Debrecen

D&T
Nov 27, 2019

The Director for Administrative Capacity Building in South-East Europe in the European Commission's Directorate-General for Regional and Urban Policy Vittoria Alliata di Villafranca paid a visit to the University of Debrecen in eastern Hungary on Wednesday discussing pharmaceutical research at the university. Vittoria Alliata Di Villafranca emphasized in a briefing following discussions with university leaders […]

Javier Valdivielso Odriozola

From Cervantes to Almodóvar

D&T
Nov 27, 2019

Instituto Cervantes, a public entity established by the government of Spain in 1991, has been promoting Spanish language and culture in Hungary for 15 years. Headquartered in Madrid and Alcalá de Henares - the hometown of writer Miguel de Cervantes -, the institute is a bastion of Spanish and Latin American culture worldwide. In Hungary, […]

International Investment Bank Sees Massive Rise in Loans

D&T
Nov 26, 2019

Russia’s International Investment Bank, which relocated its headquarters to Budapest in April, expects its loan portfolio to exceed EUR 1 billion by the end of the year, executives of the bank said at a press conference. The bank’s loan portfolio expanded by 11% in the six months since moving to Hungary and the value of […]

International Emmy Award Winner Marina Gera

Hungarian Actress Wins Emmy Award

D&T
Nov 26, 2019

Hungarian actress Marina Gera has won the International Emmy Award for Best Performance by an Actress for her role as Irén in the movie 'Örök Tél' (Eternal Winter). She received the recognition at Awards Gala in New York City this Monday. Directed by Attila Szász, the movie that received numerous other awards in the past […]

Hungarian Currency Hits New Historic Low

D&T
Nov 26, 2019

Hungary's currency, the forint weakened to a new historical low against the euro this morning with the exchange rate reaching HUF 337.24/EUR on the interbank market. The Hungarian currency has depreciated by 2.5% over the past month and by 5% since the beginning of the year. The US dollar is currently close to 306 forints, […]

BUD Airport Cargo City

Cargo City Opened at Budapest Airport

D&T
Nov 25, 2019

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 […]

Magic Lamp Charity Evening

D&T
Nov 25, 2019

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 […]

Twin City Liner catamaran in Budapest

Vienna-Budapest Test Cruise

D&T
Nov 25, 2019

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 […]

María Pérez

Standing the Test of Time

D&T
Nov 25, 2019

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 Drawn Against Bulgaria in Euro2020 Playoffs

D&T
Nov 22, 2019

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 […]

Hungarian Novel Wins National Book Award

D&T
Nov 21, 2019

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 […]

Elisa Alvarez Martin

LaLiga - More Than Just Football

D&T
Nov 21, 2019

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 […]

DSB visit to the Millennium House

Diplomatic Spouses Visit Millennium House

D&T
Nov 21, 2019

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 […]

Export-driven Growth at Security Printing Company

D&T
Nov 20, 2019

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. […]

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