With effect from December 1, Dr. János Berényi has been appointed as the President of the Hungarian Investment and Trade Agency (HITA). The new leader has extensive experience in the management of companies both in the public and the private sector.
With effect from December 1, Dr. János Berényi has been appointed as the President of the Hungarian Investment and Trade Agency (HITA). The new leader has extensive experience in the management of companies both in the public and the private sector.
A lively event, a unique ‘soirée musicale’ has been held recently at the Dutch Ambassador’s residence in Budapest in the honor of the launch of the Foundation Magyar Nóta, the Dutch initiative to support and preserve Hungarian music.
According to Transparency International’s Corruption Perception Index 2013, Hungary ranks 23rd out of 31 European countries, which puts it in the top third of the most corruption-infected economies in Europe. The worst CPI score in Europe was given to Greece.
The Russia Division of MKIK (the Hungarian Chamber of Commerce and Industry) was established in July 2003. Now, it has over a hundred Hungarian members interested in Russian relations - especially SMEs and some larger companies.
The free movement of persons is a cornerstone of the European Union's principles and is beneficial for the British economy, as well, the four Visegrad countries (V4) of East Central Europe said in a joint statement on Friday.
In the recent Russian country focus of Diplomacy & Trade, Leonid Shurigin, the Trade Representative of the Russian Federation in Hungary looks back at an important bilateral event, the the meeting of the Russian-Hungarian Intergovernmental Commission.
Scientists, decision makers and leading science diplomats have gathered in Rio de Janeiroto attend the World Science Forum held outside Hungary for the first time. The main theme of this year’s event is ’Science for Global Sustainable Development’.
On the 60th anniversary of Hungary defeating England 6-3 in London’s Wembley Stadium, two new underground railway cars have been named after Jenõ Buzánszky and Gyula Grosics, the still living two Hungarian players participating in that match.
Hungarian Prime Minister Viktor Orbán paid a visit to Japan where he held talks with his Japanese counterpart Abe Shindzo, delivered speeches on his government's opening towards Asia and was also received by Emperor Akahito.
The Diplomacy & Trade Business Club (The Club) presented the Russian focus of Diplomacy & Trade at the 40-year-old Russian Cultural Center in Budapest with diplomats, businesspeople and members of the Russian community in Hungary attending.
Laos that has been named world's best tourist destination for 2013 by the European Council on Tourism and Trade. It’s natural beauties, gastronomy, and UNESCO World Heritage sites are attracting increasing number of tourists from Hungary, as well.
The President of the European Bank for Reconstruction and Development (EBRD), Suma Chakrabarti paid a visit to Budapest where he discussed with Minister for National Economy Mihály Varga several ussies on the agenda between the bank and Hungary.
Júlia Király, a former Deputy Governor of the National Bank of Hungary (NBH) will continue her career at KBC Group as member of the Board of Directors, the Belgian bank has announced. In the Board, she is going to replace Professor Dirk Heremans.
The BMW Group has been in contact with over 200 suppliers in Hungary and currently, it purchases different components directly from 54 active partners in the value of about EUR one billion. These companies employ in Hungary a total of appr. 10,000 people.
The Hungarian Banking Association considers free cash withdrawals just passed by lawmakers unfair and also detrimental on a social level. The new law requires banks to offer ATM withdrawals for free, yet pay tax on the transactions.

