Hungarian Conservative

The strengthening of bilateral relations has led to increased participation of Hungarian companies in Uzbekistan. A notable instance of this involvement is the successful acquisition by OTP Bank of a majority share in Ipoteka Bank, the fifth largest bank in Uzbekistan, in December 2021. This year’s Business Forum in Tashkent further deepened the participation of Hungarian companies in the Uzbek market through 137 business-to-business (B2B) and government-to-business (G2B) meetings. These meetings spanned several sectors, including banking, finance, agriculture, transport and logistics, mechanical engineering, pharmaceuticals, and water management, among others.

81 years ago, on 2 August 1939, Albert Einstein signed a letter from Hungarian-born physicists Leo Szilard, Eugene Wigner, and Edward Teller to US President Franklin D. Roosevelt, in which they warned him that Germany’s development of an atomic bomb may be a theoretical possibility in the near future. This letter, then, led to the launch of the Manhattan Project.