Hungary – U.S. dialogue on Energy Security and Connectivity Issues
The Embassy of Hungary organized its first in-person VIP event since the breakout of the COVID-19 pandemic on July 1, 2020, on energy security. The event covered Hungary’s recent steps to ensure energy independence, such as booking the majority of the available capacity in the first 10 years of the Krk LNG Terminal.
Another energy diversification milestone reached by Hungary
Hungary, for the first time, is to buy gas from a dedicated LNG source, using a new delivery route and ensuring long term source diversification. Hungarian Gas Trade Ltd, a subsidiary of state-owned MVM Hungarian Electricity Ltd. (MVM Zrt.) and Hungarian-owned company, MET has successfully booked LNG capacity from the Krk LNG Terminal in Croatia.
Hungarian success at the Agile Robotics for Industrial Automation Competition
The Budapest University of Technology and Economics’ (BME) four-person Cloud Robotics team finished first in the “Agile Robotics for Industrial Automation Competition” (ARIAC) organized by the National Institute of Standards and Technology (NIST), winning the $10,000 grand prize.
Virtual roundtable with the Hungarian Investment Promotion Agency and the US-Hungary Business Council
On June 3, 2020, the Embassy of Hungary in Washington DC organized a virtual roundtable discussion between our colleagues from the Hungarian Investment Promotion Agency (HIPA) and the members and representatives from the US-Hungary Business Council (USHBC).
Innovative Hungarian solutions against the coronavirus
Hungary’s response to the coronavirus pandemic has been one of the most successful in Europe so far. There have been virtually no mass incidents of infection, and countless Hungarian businesses and entrepreneurs have stepped up to display their innovative spirit in order to provide the world with many helpful COVID-19 treatment and prevention solutions.