The main reason the Korean company Samsung SDI chose Hungary as a base in Europe ten years ago was that Hungary has the advantage of competitiveness in its infrastructure (manpower, local material suppliers).
The main reason the Korean company Samsung SDI chose Hungary as a base in Europe ten years ago was that Hungary has the advantage of competitiveness in its infrastructure (manpower, local material suppliers).
Martin Gauss, chief executive of Hungarian airline company Malév, has tendered his resignation, the Hungarian State Holding Company (MNV) has announced on Tuesday. His departure is effective as of May 31.
““A lot has changed in the past three years since Diplomacy and Trade visited Hankook” says Sang Il Lee, managing director of Hankook Tire Hungary ltd. He proudly states that in 2010, the company exceeded the original target by over 10%.
Orders figures in the Hungarian construction industry are greatly disappointing, with no signs of a revival in the sector any time soon. Still, the 0.1% month-on-month contraction is an improvement compared to the 4.3% decline in December.
The Budapest Hotel Le Meridien and the Csodalámpa (Magic Lamp) Foundation welcomes all wine lovers and gourmets to the Le Bourbon restaurant of the hotel for a charity journey of taste to the land of French cheese.
The Hungarian government has issued a manifesto welcoming the resolution of the United Nations Security Council, passed on March 17, that aims at putting an end to aggression against the civil population in Libya.
Terminals 2A and 2B of Budapest's international airport are now linked with a new building, SkyCourt. Airport management and the architects hope that the new building will enchant foreigners visiting the Hungarian capital.
From its inception as a small export business in Taegu, Korea, SAMSUNG has grown to become one of the world's leading electronics companies, specializing in digital appliances and media, semiconductors, memory, and system integration.
The European Commission sees clear signs in the measures in Hungary’s reform package that the country is on the right track towards fiscal consolidation, European Commissioner for Economic and Monetary Affairs Olli Rehn said in Brussels.
“We endeavor to provide our customers with the best products of smart technology in stylish design.” The words of the Managing Director (MD) of LG Electronics Magyar Ltd., Young W. Lee, well describe the mission of the Budapest-based company.
The US Ambassador to Hungary, Eleni Tsakopoulos Kounalakis has given a "broad overview and perspective" on the current affairs in the foreign policy of the United States at the Central European University in Budapest.
South Korea's HYUNDAI is now the world’s 5th largest car manufacturer. Zoltán Markó, the managing director of Hyundai Holding Hungary Ltd. proudly claims that 2010 was a good year for the brand, selling over 3.6 million vehicles globally.
In our series, diplomats give their personal account of the experiences of their “excursions” to Hungarian culture, art, gastronomy and landscape. This time, the British ambassador shares his thoughts with our readers.
A household name in Hungary, Jenõ Ranschburg was a psychologist who worked for the family. His reputation is due to a popular science TV series ‘Family Circle’, making him a beloved member of every family who watched that series.
Commemorating the achievements of one of the most important science fields of human kind, the UN decided to declare 2011 the International Year of Chemistry. To mark this program, a unique online chemistry knowledge base has been developed.
