In Hungary’s automotive sector, annual new vehicle registrations are total around 150,000 units – comprising 120,000–125,000 passenger cars and roughly 25,000 light commercial vehicles. Based on new car registrations per capita, Hungary is positioned in the lower third of the European ranking.” Yet this stagnation also signals room for expansion, especially as the economic environment […]

Named after German poet and statesman Johann Wolfgang von Goethe, the Goethe-Institute is a nonprofit German cultural organization operational worldwide with more than 150 cultural centers across 99 countries. One of those is Hungary where the Institute has been present since 1988. Its goal is to promote the German language abroad and encouraging international cultural […]

In December 1993, Stephan Interthal accepted his first Kempinski GM position at Munich Airport. Some four years later he moved to Budapest for his first tenure to take over as General Manager of the Kempinski Hotel Corvinus Budapest – a role he held until mid-2004. In late 2014, he returned as Area General Manager to […]

As Europe accelerates toward a greener, more digital and increasingly electrified energy future, one challenge stands at the center of strategic debate: developing the networks needed for this transformation. According to Guntram Würzberg, Chairman and CEO of E.ON Hungária Group, building modern, flexible grids is a responsibility shared not only by energy companies, but also […]

“Germany has traditionally been the largest investor in Hungary. Approximately 2,400 German companies employ around 235,000 people here. This number has increased by 55% since 2010, that is, one in every 14 employees in the Hungarian corporate sector now works for a German company,” government commissioner and CEO of the Hungarian Investment Promotion Agency (HIPA) […]