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 […]

In June 2018, the volume of industrial output grew by 4.2% year-on-year, the Hungarian Central statistical Office (KSH) reports. Based on working-day adjusted data, the production rose by 3.1%. On the previous month, industrial output was down by 1.2%.

The Hungarian currency, the forint began Wednesday trading at 326 units to one euro. Then, a morning waning wave had flown it to 327.3, before another fall early evening resulted in the common European currency being worth HUF 328 – an all-time low.

The trade development and investment promotion agency PRO ECUADOR has opened a representative office in Budapest with the aim of promoting Ecuadorian exportable supply and investment climate on the Hungarian other Central Europe markets.

At the General Assembly of 2018 of the German-Hungarian Chamber of Industry and Commerce (DUIHK), four new members were elected to their board of directors. Also, 20 companies were awarded the 'Reliable Employer' rating for the third time.

Industrial producer prices as a whole were 3.5% higher in March 2018 than in the same period of the previous year, the Hungarian Central Statistical Office reported this Thursday. Industrial domestic output prices rose by 3.3%.

This is the fifth year Randstad Hungary rewarded the most attractive employers in Hungary. Mercedes Benz landed on the top of the list and previous consecutive victories earned Audi Hungária a place in the 'Randstad Employer Brand Hall of Fame'.

The Startup Campus V4 Global Tour reached its second destination, the German capital, this April as participating startups attended and exhibited at Startup Camp Berlin 2018 and introduced themselves to the representatives of the German economy.

In February 2018, the number of nights spent by international tourists increased by 7.4% and that of nights spent by domestic tourists by 11% compared to a year earlier. Total gross revenues grew by 12% at current prices in accommodation establishments.

GE Hungary keeps on seeking Hungarian companies which could successfully join its supplier's chain. For this purpose, more than 70 SMEs presented themselves to GE representatives at the GE Supplier's Forum in Budapest.

Upgraded 1,000-forint banknote denominations can appear in cash payments in Hungary from March 1, 2018. In addition to their renewed appearance, the banknotes have been brought up-to-date with regards their security features.

The World Business Angel Forum in Istanbul marked the launch of the Startup Campus V4 Global Tour. At the conference, five Hungarian and two Polish innovative startups introduced their ideas to key sponsors and partners like Türk Telekom and Celebi.

Enterprise Hungary will launch the 'Startup Campus V4 Global Tour' event in February 2018, whereby innovative companies in the V4 countries will be able to introduce themselves to investors and large business partners.

Compared to its historical peak at the end of 2017, GKI’s economic sentiment index advanced in January within the statistical margin of error as a result of a minimal improvement in business expectations and a slight deterioration of consumer expectations.

“Hungary provides great opportunities for Australian companies. It is geographically well placed to tap into the broader continental European opportunities," the Senior Trade Commissioner for Central Europe, Anthony Weymouth tells Diplomacy&Trade.