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Articles by author

Edith Balázs

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Spreading a Message of Global Solidarity and Stability

Edith Balázs
Aug 26, 2020

As an international pioneer of environment protection, international solidarity and peace promotion, Switzerland propagates these core values in Hungary as well through the presence of Swiss enterprises and Swisscham Hungary, the bilateral chamber operating in the country, says Peter Burkhard, Swiss Ambassador to Hungary. The diplomat stresses that an extensive overhaul of the nation’s education […]

Building on Firm Foundations

Edith Balázs
Feb 21, 2020

With Japanese companies among the pioneers that established a presence in Hungary after 1989 and overall Japanese investments exceeding EUR two billion, Japan ranks as the most significant source of capital inflows from Asia. Hungary and Japan, which marked the 150th anniversary of diplomatic relations last year, are set to further strengthen their ties in […]

David Moucheron

Bolstering the Foothold in Hungary

Edith Balázs
Dec 30, 2019

As the specter of a global economic slowdown looms, many banks are bracing themselves for leaner times. David Moucheron, Chief Executive Officer of K&H Bank, one of the leading financial institutions in Hungary, is confident that the bank’s solid financial position and international expertise as well as the resilience of the local economy open new […]

Szonja Bender

Gateway to Hungary

Edith Balázs
Dec 27, 2019

The Belgian region of Flanders has one of the world’s most open economies and businesses established there are naturally inclined to expand abroad. The Hungarian representation of Flanders Trade & Investment (FIT), set up by the Flemish government in 2005, serves as a gateway to the Hungarian market for Flemish exporters. The FIT office in […]

Edit Ránky

An Emissary of Business Relations

Edith Balázs
Dec 23, 2019

Under Belgium’s federal system, the country’s three provinces of Flanders, the Brussels Capital region and Wallonia exercise independent powers as they strive to enshrine their economic autonomy. An area where this becomes markedly obvious is trade and investment promotion, and accordingly the regions operate separate trade representation offices in Hungary to facilitate bilateral business relations. […]

Siegfried Peinen, the Ambassador of the Kingdom of Belgium

Belgian Investors Punching Above Their Weight

Edith Balázs
Dec 20, 2019

Sometimes overshadowed by issues related to the European Union due to the bloc’s heavyweight presence in Brussels, bilateral relations between Belgium and Hungary are thriving, especially in the field of economic cooperation. The interest of Belgian businesses in Hungary as an investment destination continues unabated with representatives of technological and future-oriented companies increasingly drawn to […]

Susana de Ibarrondo

Seeking to Tighten Economic Ties

Edith Balázs
Nov 19, 2019

Apart from the 2008 and 2009 crisis years, the volume of bilateral trade between Spain and Hungary has been on the rise since Hungary’s 2004 accession to the European Union and has more than doubled from that date. Even though the bilateral trade and investment figures of recent years are encouraging, there is ample room […]

Spanish ambassador Anunciada Fernández de Córdova

Building Links

Edith Balázs
Nov 15, 2019

Boosting the participation of Spanish companies in Hungarian infrastructure development projects and promoting cultural ties, especially the inclusion of the Spanish language in the primary school curriculum, top the list of priorities for Spanish Ambassador Anunciada Fernández de Córdova. The diplomat also seeks to promote Spain as a tourist destination that has a lot more […]

Chinese Ambassador DUAN Jielong

Chinese-Hungarian Relations Geared Toward Success

Edith Balázs
Oct 16, 2019

With Hungary the prime investment destination for China in Central and Eastern Europe, relations between the two countries are at their best and enjoy great momentum and broad prospects, Duan Jielong, Ambassador of the People’s Republic of China to Hungary tells Diplomacy&Trade in an in-depth interview. China’s Road and Belt initiative, embraced by Hungary, provides […]

Thijs Komen

100 Years in the Air

Edith Balázs
Sep 30, 2019

The Dutch flag carrier is celebrating its 100th anniversary this October amid turbulent times for the aviation industry. The airline will need to rely on its commitment to adapting to shifting operational trends and embracing new technologies if it is to celebrate its bicentennial anniversary. The Dutch propensity for traveling and exploring the farthest corners […]

Imre Sztanó

Embracing the Future

Edith Balázs
Sep 27, 2019

Staying ahead of the game in the digital age requires constant innovation and a flexible mindset when it comes to business opportunities, says Imre Sztanó, Chief Executive Officer of NN Insurance Co. Ltd. in Hungary. The country’s largest life insurance provider relies on cutting-edge technologies and innovative organizational changes to hold on to its leading […]

Dutch ambassador René van Hell

Working to Bridge Differences

Edith Balázs
Sep 16, 2019

As European Union member states, the Netherlands and Hungary work closely on a wide range of issues that call for even more intensive dialogue. As NATO allies and EU partners, the two countries share the same values and have common interests – from promoting economic, military and political cooperation and working on a circular economy […]

SMP in Kecskemét

Welcome to Hungary

Edith Balázs
Aug 23, 2019

Indian companies have invested close to USD two billion in Hungary over the past three decades, making the Asian country one of the most prolific sources of capital from the East. Diplomacy&Trade takes a look at the most significant corporate investments that hail from the subcontinent. The 2014 announcement of India’s Apollo Tyres, the world’s […]

Prabal Datta, Head of Tata's Global Delivery Center in Hungary

Serving the Globe from Hungary

Edith Balázs
Aug 17, 2019

An increasing number of businesses are implementing digital technologies in their daily business processes, driving demand for IT service providers that help their customers to bridge the digital gap, Prabal Datta, Head of Tata’s Global Delivery Center in Hungary says. A worldwide leader in IT services, Tata Consultancy Services (TCS) set up its Global Delivery […]

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