Diplomacy & Trade https://dteurope.com Monthly in print | Daily on the web Wed, 23 Sep 2026 18:14:34 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://dteurope.com/wp-content/uploads/cropped-dt_favicon-32x32.png Diplomacy & Trade https://dteurope.com 32 32 Hungary Celebrates World Tourism Day https://dteurope.com/tourism/hungary-celebrates-world-tourism-day/ Wed, 23 Sep 2026 18:11:56 +0000 https://dteurope.com/?p=81623 Hungary is rolling out the red carpet for World Tourism Day, with nearly 100 special events across 57 Tourinform offices in the country between September 21 and 30, VisitHungary has announced. The celebrations, tied to the UN's World Tourism Day on September 27, showcase the country's diverse offerings – from themed walks and local heritage […]

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]]> K+H Bank Revenue Rises as Government Measures Weigh https://dteurope.com/business/kh-bank-revenue-rises-as-government-measures-weigh/ Wed, 23 Sep 2026 13:18:00 +0000 https://dteurope.com/?p=81621 K+H Bank, the Hungarian unit of Belgian's KBC, delivered a strong performance in the first half of the year, however, government measures like the windfall tax and the bank levy reduced its results by HUF 78bn, CEO Peter Roebben said at a press conference on Wednesday. He emphasized that the bank’s operating revenue rose by […]

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]]> Sales of Organic Products Continue to Grow https://dteurope.com/agriculture/sales-of-organic-products-continue-to-grow/ Wed, 23 Sep 2026 07:59:00 +0000 https://dteurope.com/?p=81618 The sales of organic products in Hungary rose by 28% between 2023 and 2025, almost double the pace of growth for the food and beverage market as a whole during that period, the Research Institute of Organic Agriculture (ÖMKi) has announced. Sales in value terms reached HUF 53.8 billion. Sales in volume rose by 26%. […]

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]]> Magyar Vagon Wins Tender for 200 Rail Carriages https://dteurope.com/transport/magyar-vagon-wins-tender-for-200-rail-carriages/ Tue, 22 Sep 2026 16:44:00 +0000 https://dteurope.com/?p=81614 Hungarian rolling stock company Magyar Vagon (MVV) has won a tender called by the Leo Mobility Management (LMM) rail leasing company (ROSCO) to deliver 200 NEO modular passenger carriages, MVV said on Tuesday. MVV will deliver the carriages over a period of about two years and LMM will lease these vehicles to European rail operators. […]

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]]> House of Terror Museum Reopens in Budapest https://dteurope.com/culture/house-of-terror-museum-reopens-in-budapest/ Tue, 22 Sep 2026 09:22:00 +0000 https://dteurope.com/?p=81611 The House of Terror Museum, the Budapest-based memorial and exhibition dedicated to the victims of the fascist Arrow Cross and communist-era secret police regimes, reopened in Budapest on Tuesday morning after a temporary closure from Sept 15, Zoltan Tarr, minister for culture and social relations, said in a social media post. The minister noted that […]

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]]> Danube Refinery Unit in Százhalombatta Repaired https://dteurope.com/energy/danube-refinery-unit-in-szazhalombatta-repaired/ Tue, 22 Sep 2026 07:20:00 +0000 https://dteurope.com/?p=81609 The Hungarian oil and gas company MOL Plc. has notified the market on the website of the Budapest Stock Exchange that it has completed construction work on the AV3 unit at the Danube Refinery, which was damaged in a fire last fall. The project was completed according to schedule, so once the construction equipment has […]

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]]> Nearly 3 Bn Electronic Payment Transactions in 2025 https://dteurope.com/economy/nearly-3-bn-electronic-payment-transactions-in-2025/ Mon, 21 Sep 2026 14:12:21 +0000 https://dteurope.com/?p=81606 Last year, nearly three billion electronic payment transactions were carried out in Hungary, up from 2.5 billion the previous year, while the proportion of users of electronic payment solutions and businesses accepting such transactions is also steadily rising. That is according to Miklós Luspay, Director of the Financial Infrastructures and Payment Systems Directorate at the […]

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]]> Property Revaluations Put Appeninn in Red https://dteurope.com/news/real-estate/property-revaluations-put-appeninn-in-red/ Mon, 21 Sep 2026 12:50:00 +0000 https://dteurope.com/?p=81604 Listed property company Appeninn booked a first-half loss of EUR 6.2 million as portfolio revaluations resulting from the stronger forint weighed, an earnings report released on Monday shows. Appeninn booked after-tax profit of EUR 3.4 million in the base period. The fresh P+L statement shows an EUR 8.8 million property revaluation loss, including a EUR […]

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]]> Swedish Scientific Award for Hungarian Researchers https://dteurope.com/science/swedish-scientific-award-for-hungarian-researchers/ Mon, 21 Sep 2026 08:23:00 +0000 https://dteurope.com/?p=81600 Researchers of Hungary's HUN-REN Wigner research center have been awarded the Gregori Aminoff Prize of the Royal Swedish Academy of Sciences for developing a new method for crystal structure determination, the HUN-REN research network said on Monday. According to HUN-REN's website, the technique developed by Miklós Tegze, Gábor Bortel and Gyula Faigel at the Wigner […]

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]]> Where Business Meets Experience: TRIBE Budapest Stadium as a New-Generation Business Venue https://dteurope.com/news/where-business-meets-experience-tribe-budapest-stadium-as-a-new-generation-business-venue/ Mon, 21 Sep 2026 04:11:00 +0000 https://dteurope.com/?p=81419 In today’s business world, successful corporate events are no longer defined solely by conference rooms, presentations and formal schedules. Companies are increasingly looking for venues that combine professional infrastructure with an inspiring environment – places where meetings can become opportunities for meaningful conversations, networking and new connections. Located in Budapest’s 9th district, directly next to Groupama Aréna and MVM Dome, TRIBE Budapest Stadium offers a contemporary approach to business events, bringing meetings, conferences, gastronomy, networking and accommodation together under one roof.  A Convenient Location for Business Events […]

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]]> The Budapest Stock Index Edged Up Slightly This Week https://dteurope.com/economy/the-budapest-stock-index-edged-up-slightly-this-week/ Sun, 20 Sep 2026 18:57:00 +0000 https://dteurope.com/?p=81598 Amid rising trading volume, the Budapest Stock Exchange (BÉT) stock index strengthened this week; on Friday, the BUX closed at 152,688.63 points, up 0.11%, or 170.36 points, from the previous week. Weekly trading volume totaled HUF 143.7 billion, up from HUF 98.7 billion the previous week, with leading stocks posting mixed results. On Monday, in […]

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]]> PannErgy Doubles Profits in the First Half of 2026 https://dteurope.com/energy/pannergy-doubles-profits-in-the-first-half-of-2026/ Sun, 20 Sep 2026 07:49:00 +0000 https://dteurope.com/?p=81596 The management of PannErgy, as Hungary's leading geothermal heat producing company, has set a consolidated IFRS EBITDA target range of HUF 4,300–4,450 million for the 2026 business year (published in January 2026), the median value of which represents organic growth compared to the expected results of the 2025 business year. The company generated consolidated sales […]

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]]> Twelve Hungarian Hotels Among 2026 Michelin Key Hotels https://dteurope.com/hospitality/twelve-hungarian-hotels-among-2026-michelin-key-hotels/ Sat, 19 Sep 2026 09:25:00 +0000 https://dteurope.com/?p=81588 Twelve Hungarian hotels are included in the Michelin Guide Global Hotel Selection this year, Michelin Guide says in a press release. The Four Seasons Hotel Gresham Palace Budapest and the Matild Palace, a Luxury Collection Hotel, received a two-key rating. Ten other hotels are listed with one Michelin key, all of which were already on […]

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]]> ELTE Honorary Degree for László Krasznahorkai https://dteurope.com/culture/elte-honorary-degree-for-laszlo-krasznahorkai/ Sat, 19 Sep 2026 07:26:00 +0000 https://dteurope.com/?p=81591 Hungarian author László Krasznahorkai, the winner of last year's Nobel Prize in Literature, has received the Doctor Honoris Causa title of Budapest's Eötvös Lóránd University. László Krasznahorkai is truly deserving of the university’s highest honor, based on his body of work, which enriches universal culture with enduring values, and his internationally outstanding achievements, according to […]

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]]> Passenger Traffic at Budapest’s Main Airport Up in August https://dteurope.com/travel/passenger-traffic-at-budapests-main-airport-up-in-august/ Fri, 18 Sep 2026 16:32:00 +0000 https://dteurope.com/?p=81586 Budapest’s Liszt Ferenc International Airport handled 2,137,301 passengers in August of this year, a 12.3% increase compared to the same period last year, Budapest Airport announced on Friday. Total passenger traffic for the summer months was 6.2 million, exceeding all previous summer figures and representing a 13.7% increase over last year. In August, the most […]

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