Marriages can be of different nature. Some are between equals, others between partners where one is more equal than the other’. U.S.-Hungarian relations clearly fall into the latter category; given the size, the capabilities and the opportunities of the two countries, it is a euphemism used only in polite circles that they are equal partners […]
Hungary’s dependence on Russian natural gas imports is a concern for the Trump administration, which seeks to help the eastern European country in diversifying its natural gas supply sources, U.S. Ambassador to Hungary David B. Cornstein tells Diplomacy&Trade in an interview. Hungary’s reliance on Russia for energy supply has repeatedly been highlighted as an issue […]
Conflicts resurface in the Middle East from time to time. The region's particularly sensitive point is the Strait of Hormuz on the key route of oil shipments. U.S.-Iranian relations have been backsliding since the overthrow of the Shah in early 1979. The hostage crisis in 1979-1981 poisoned bilateral relations almost beyond repair. The Reagan administration […]
Bridgestone EMEA is injecting EUR 36 million into its eight European plants, including the one in Hungary, transforming them into smart factories, the EMEA business of the world’s largest tire and rubber company has announced. In the company’s Hungarian factory in Tatabánya, west of Budapest, where tire production is already digitalized, the entire manufacturing process […]
The Business Council for Sustainable Development in Hungary (BCSDH) has announced the ‘For a Sustainable Future’ prize in 2019, with the purpose of recognizing the achievements of leaders and companies on advancing Sustainable Development Goals (SDGs). In the 'Leading Women' category, BCSDH is looking for an outstanding female leader in a company who is working […]
The construction of the first Center for University-Industry Cooperation (FIEK) of Hungary has been completed in Győr. The new complex implemented with the cooperation of Audi Hungaria, Széchenyi István University (SZE) and the Municipality of Győr, will be transferred into the possession of the teachers and students in order to work on joint research and […]
ExxonMobil expressed its thanks to its partners and oldest colleagues for the past fifteen years' achievements in Hungary in the framework of a ceremonial event. The Budapest business service center of the US-based company, whose employee number has grown five-fold since its opening in 2004, mainly provides financial and controlling assistance to the parent company, […]
Walking through any city in the world, one can see a lot of monuments that remind them of historic personalities or events. Budapest is not an exception, it is a city that has a lot to boast. The monuments tell us about the history of the country, the people it is proud of and its […]
TLC Kft., which belongs to the German Sennebogen company, is building a new plant in Hungary. As an expert in welded heavy steel structural component production, TLC is investing more than EUR 30 million in capacity expansion and machinery modernization, which will also involve the creation of 80 new jobs. The Germany-based family-run business of […]
Wizz Air, the largest low-cost airline in Central and Eastern Europe, has announced that, as part of the Indigo Partners deal, it has signed a memorandum of understanding with Airbus S.A.S. relating to exercising a part of its existing options for the purchase of twenty Airbus A321XLR aircraft. The present order will be delivered over […]
The Eastern Slovakian city of Košice was one of the venues of the World Ice Hockey Championships this May, hosting a multitude of visitors. Following the event, Mayor Jaroslav Polaček thanked the organizing committee and other partners for their work in welcoming approximately 250,000 visitors to the city – many of them from within the […]
On June 11, following several days of preparations, the wreckage of the 40-ton, 27-meter sightseeing boat Hableány (Mermaid) was lifted by rescue workers with the help of a crane vessel from the bottom of the River Danube onto a barge in Budapest. The Hableány sank almost two weeks before: shortly after 9 p.m. on May […]
Qatar Airways has won four prestigious prizes at this year’s 2019 Skytrax World Airline Awards, including the highest accolade of ‘World’s Best Airline’ – becoming the only airline in the competition’s history to win it five times (2011, 2012, 2015, 2017 and 2019). The airline has been named ‘Best Airline in the Middle East’ for […]
The world’s probably most commonly used tool is the ballpoint pen. Its commercially successful version was invented by a Hungarian, László Bíró, who was born 120 years ago in Budapest. He patented the first modern ballpoint pen in Paris in 1938. Five years later, he fled the Nazis with his brother, moving to Argentina in […]
Aged 17 years and 166 days, Dutch driver Max Verstappen became the youngest driver to compete in the Formula One car race series when he debuted at the 2015 Australian Grand Prix. This means, at only 21 years old, he already has four years of F1 experience. The young driver visited Budapest on May 1 […]
