Locked content Braster signs distribution agreement in Hungary

HealthTech company Braster signed an agreement to distribute its products in Hungary with Gysgy Reha, Braster said. Under the agreement, the companies will cooperate for the import and sale of Braster devices for in-home examination of breast cancer together with exam packages. The sales will be exe...

Locked content Orban visits Poland to talk EU budget and migration

On Monday, Hungary’s Prime Minister Victor Orban will meet with PM Mateusz Morawiecki and President Andrzej Duda. This will be the first visit of PM Orban to Poland after the victory of Fidesz in the latest election. EU budget, migration policy, as well as regional cooperation and bilateral relation...

Locked content Orban: We will block any EU action on Poland

Hungarian Prime Minister Viktor Orban said that Hungary sees Poland as its ally, and so will block any action to suspend Poland’s voting rights in the EU. “We need to make it clear to the EU that it is pointless to even start proceedings against Poland as there is no chance of seeing it through̷...

Locked content Orbán in Warsaw: The EU should set a joint European army

Hungarian Prime Minister Viktor Orbán, in Warsaw on Friday, announced that the European Union should start setting up a joint European army, claiming that security should be a priority for Europe. “We should list the issue of security as a priority, and we should start setting up a common Euro...

Locked content Polish Hungarian trade exchange reaches record high

Last years’ trade exchange between the countries has reached a peak high at €8 billion, keeping an upward trend in 2016’s first months. Poland is Hungary’s fourth trade partner. Poland’s exports have grown11 percent since 2014 and reached €4.5 billion with a surplus of €1.1 billion, comparing to the...

Locked content FT: Poland can learn from Hungary bank truce

This week seems to have provided yet more evidence of the free market being under threat in Poland and Hungary — countries long seen as among Europe’s most successful post-communist reformers, the UK daily The Financial Times wrote. On Monday, Jarosław Gowin, Poland’s deputy prime minister, told the...

Locked content Is Poland losing its investment appeal?

News agency Reuters reported, citing UK-based analysts, that investors may turn away from Poland amid concerns about its new right-wing government.  In turn, Hungary may become the favored destination for investors’ cash in Central and Eastern Europe this year. “In previous years I would...

Locked content Solaris and Škoda to supply trolleybuses to Budapest

A consortium formed by Polish automotive producer Solaris Bus and Coach and Czech peer Škoda Electric has signed a contract to supply 24 trolleybuses to Hungarian public transport operator Budapesti Közlekedési Központ (BKK), the companies said on Friday. Budapest will receive 14 Trollino 12 vehicle...

Locked content Foreign currency loans to be converted in Hungary; Poles look on

Hungary’s government has been actively pursuing a policy of compensation to homebuyers. In the latest move, that is seen as a compromise for both mortgage lenders and borrowers, foreign currency mortgage loans will be converted to the hungarian forint, thus easing the burden on borrowers of co...