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The current nuclear power station blocks in Paks operate for another 20+ years | source: atomeromu.hu

Paks power plant implementation agreement signed

D&T
Dec 9, 2014

Hungary’s state-owned power company MVM and Russia's Nizhny Novgorod Engineering Company Atomenergoproekt have signed three implementation agreements for two new 1,200 megawatt nuclear reactors to be constructed at the Paks power plant.

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Budapest Week Publishing Christmas Party

D&T
Dec 8, 2014

Budapest Week Publishing, the publisher of Diplomacy & Trade, held its Christmas Reception for its partners at the InterContinental Budapest Hotel. Guests included members of the diplomatic community, of the gastronomy industry and businessmen.

Budapest Airport CEO Jost Lammers | source: Budapest Airport

Budapest Airport CEO: 'Entrepreneur of the Year'

D&T
Dec 5, 2014

Jost Lammers, the chief executive officer of Budapest Airport received a high-ranking accolade from the Hungarian National Association of Entrepreneurs and Employers. He was named “Entrepreneur of the Year” at an award gala held at the Palace of Arts.

Colleen Bell | source: Bell Phillip Television Productions

New American ambassador to Budapest confirmed

D&T
Dec 3, 2014

The United States Senate has confirmed Colleen Bell as the next American ambassador to Hungary. Her confirmation had been delayed after Republicans, led by Sen. John McCain, raised objections over her qualifications to represent the U.S. in Hungary.

Blocked road between Gödöllõ and Mogyoród

Extreme weather in and around Budapest

D&T
Dec 2, 2014

Extreme weather causes difficulties in traffic and power supply in and around the Hungarian capital. Black ice and trees fallen on roads prevent traffic in the Buda Hills and the surrounding areas. The village of Nagykovácsi has been cut off.

Katinka Hosszú receives the award from the General Secretary of the Qatar Olympic Committee Sheikh Saoud Bin Abdulrahman Al-Thani | József Szaka / Hungarian Swimming Federation

Hungary's Katinka Hosszú is 'Swimmer of the Year'

D&T
Dec 1, 2014

World champion Katinka Hosszú has been elected the Swimmer of the Year 2014 among women. She received the award at the gala evening of the International Swimming Federation (FINA) in Dubai. She has 5 world and 13 European championship titles.

NATO conference in Budapest | Lajos Soós / MTI

NATO conference in Budapest

D&T
Nov 28, 2014

The decisions made at NATO's Wales Summit this September are critical to Europe’s security - that was the conclusion drawn by participants at the at the conference entitled NATO 2014: The Alliance after the Wales Summit in Budapest.

There is 7 centimeters of snow around Hungary's highest peak

First snow in Hungary

D&T
Nov 25, 2014

This Tuesday saw the first snow fall of the winter season in Hungary. Not surprisingly, it fell on the country's highest point, Kékestetõ, which is just over a thousand meters high, and the surrounding Mátra mountain in northwestern Hungary.

GKI-Erste economic sentiment index 2008-2014 | Source: GKI economic research institute

Slight decrease in economic sentiment index

D&T
Nov 23, 2014

Compared with its very high October value, the GKI-Erste economic sentiment index adjusted for seasonal effects decreased slightly in November. Expectations remained unchanged in the business sector, whereas they declined among consumers.

On the assembly line at Suzuki | Source: Magyar Suzuki Co. Ltd.

Suzuki Hungary returns to two-shift production

D&T
Nov 21, 2014

The Hungarian unit of Japanese carmaker Suzuki Motor Corp returns to two-shift production this December from one shift, CEO Ryoichi Oura has announced, adding that the serial production of the new Vitara model will be launched in January next year.

A winning selection | source: Hungarian Ministry of Foreign Affairs and Trade

2015 Carton Hungaricum Wine Selection

D&T
Nov 18, 2014

A competition has been held to select the list of wines that will be served at Hungarian representations abroad and to international delegations at foreign ministry events in 2015. The Carton Hungaricum wine selection was announced at a gala evening.

Péter Klopfer | Dávid Harangozó

IT operations: in-source or outsource solutions?

D&T
Nov 17, 2014

In recent years, companies have undergone a transformation, adapting to the changing market conditions. The role of information technology has also been transformed, it has become a “public utility”, which is essential for the functioning of companies.

Legendary Hungarian fotballer Ferenc Puskás | source: facebook/puskas.legenda

Hungary’s Ferenc Puskás inducted into Hall of Fame

D&T
Nov 14, 2014

Legendary striker for the Hungarian national team and Spanish soccer giants Real Madrid, Ferenc Puskás (1927-2006) has become the fourth inductee in the Goal Hall of Fame that opens this week at the initiative of the renowned football website goal.com.

Isaach De Bankolé in the Hungarian movie 'Mirage' | Lenke Szilágyi

Wild East at the Hungarian Puszta

D&T
Nov 13, 2014

The vast prairie landscapes of Hungary provide the background for Délibáb ('Mirage'), the new movie by young Hungarian director Szabolcs Hajdu released in Hungary this week. In September, it was a great success at the Toronto International Film Festival.

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