New road links are to open in the coming years between Hungary and Austria and railway developments are underway.
New road links are to open in the coming years between Hungary and Austria and railway developments are underway.
“We did not expect such problems, wars in our vicinity and hundreds of thousands of immigrants at our doorsteps.” - writes Roman Kowalski, Ambassador of Poland in Hungary.
The Government of Hungary does not fully comply with the minimum standards for the elimination of trafficking; however, it is making significant efforts to do so, says the U.S. Department of State in its annual Trafficking in Persons Report, published in July.
Thousands of Indians are coming to Budapest each year on corporate incentive tours, encouraged and welcomed by the Budapest Marriott, whose General Manager Rick Enders has even adapted his kitchen for the curry consuming guests. It’s helping to build a social bridge between the cultures.
“How does a country that up until 25 years ago did not even know what the global market was, make a hit internationally in the wine business?” the question bursts out of me the moment I meet Nimród Kovács, whose great mission is to put Hungarian wines on the world stage.
It pays to belong, AmCham Chief Executive Officer Irisz Lippai-Nagy and President Ferenc Pongrácz tell Diplomacy&Trade. What we have also learnt is that
AmCham is doubling its effort to represent members' interests and to have more impact on certain issues.
On a recent business tour to Singapore a group of Hungarian technological startups were given a chance to attract local venture capital firms and meet high ranking officials of the state administration. The feedback was positive, and preparations are now underway to make business deals in the upcoming months.
Officials are preparing the next round of bilateral talks between Hungary and Singapore: Prime Minister Viktor Orbán is due to visit Singapore in October or November this year - Non-Resident Ambassador to Hungary Justice (Ret.) MPH Rubin told Diplomacy&Trade in June. He also spoke about Singapore’s legal system and gave a short summary of the political scope in his country.
More than just superficially trendy, Hungary is trending – that’s the phenomenon when a topic in online and social media or a stock on the sharemarket shows high levels of public interest and activity.
'Although far away geographically, Singapore and Hungary have at least one thing in common: both want growth and stability' - says the Speaker of the Parliament of Singapore, Halimah Yacob in an exclusive interview with Diplomacy&Trade.
From young program coordinating producer on The Tonight Show With Jay Leno in Los Angeles to owning and running the iconic, 101 year old Déryné Bistro and Grill in Budapest, is not an average career path. Nor is 41 year old Kristóf Kovács an average sort of tv producer or indeed restaurateur.
"I came back from the US to Hungary with a business plan for an IT company, and it is highly satisfying to see that idea now a thriving business with almost 100 employees." says Peter Freed, founder of Duna Elektronika.
LogMeIn, a Hungarian born startup company has grown to become one of the world’s leading SaaS companies with over 800 employees in eight offices around the world. Its Budapest-office remains one of the most important development base.
As a demonstration of further expansion into the American market, Hungary opened a trade house in New York in the early days of May. It will serve as a new gateway for Hungarian companies in the United States. Officials consider more offices to set up elsewhere in the country.
Neumann Society (NS), a transatlantic non-profit organization working to foster innovation among Hungarians and other Europeans in Silicon Valley announced the opening of Neumann House, its physical headquarters and community space in Redwood City, California on June 1, 2015.

