Real Wage Increase of 13.9 Percent Compared to March In March 2024, the Hungarian Central Statistical Office reported that the average gross earnings of full-time employees reached HUF 658,400... 2024.05.23.
Large Chinese Smartphone Manufacturer to Enter the Hungarian Market A new smartphone manufacturer will soon be making its debut on the Hungarian market. The TECNO Mobile Spark 20 series... 2024.05.23.
Hungarian Mathematician Elected Honorary Doctor of Yale University On May 20, 2024, Yale University in the United States elected nine outstanding individuals as honorary doctorate recipients. László Lovász,... 2024.05.23.
4iG Strengthens Strategic Partnerships with Rheinmetall and Huawei 4iG's space technology manufacturing center in Martonvásár Péter Fekete, CEO of 4iG, discussed the company's recent preliminary agreement with Huawei,... 2024.05.23.
Exports Could Save Domestic Webshops from Chinese Expansion Domestic online stores sold fewer products in 2023 than a year earlier, and the first quarter of this year also... 2024.05.23.
Negative Demographic Trends Affect EU Countries’ Competitiveness A recent article from the Oeconomus Economic Research Foundation looks at the challenges of an ageing society and the link... 2024.05.22.
Ministry for National Economy Sparks Initiative for Families to Purchase EVs The Minister for National Economy Márton Nagy has unveiled a comprehensive program to incentivize the purchase of EVs (electric vehicles),... 2024.05.22.
Madách Theater in Budapest Praised as Home to World-famous Musicals The musical Les Misérables. Georgi Markov, a former Bulgarian constitutional judge who lives in Hungary, impresses even Hungarian theater-goers with... 2024.05.22.
Budapest Airport Could Soon Introduce Facial Recognition Technology In Italy, a new technology designed to simplify, secure, and speed up procedures at airports is already being tested, allowing... 2024.05.22.
Significant Proportion of the Country’s Thermal Waters Are Unexploited Hungary has an abundance of thermal waters; in fact, the fifth largest thermal water reserve in the world is located... 2024.05.22.
Commemoration Ceremony Held in Buda Castle on the Day of Defense Forces "When we remember our past together, we recommit ourselves to continuing the millennia-long journey in defense of the Hungarian nation,"... 2024.05.22.
Journalists Beware, AI May Be Coming for Your Job! The impact of AI technology on the domestic media market has been assessed through interviews with experts. Moreover, general awareness... 2024.05.22.
Quota Secured: Rowing’s 92-year Olympic Streak Unbroken The Hungarian Rowing Federation (MESZ) has announced that Hungary will definitely qualify for the Paris Olympics, but the results of... 2024.05.22.
Domestic Household Wealth Reaches a New Record High The stock of financial assets held by Hungarian households rose to an unprecedented level in the first quarter of the... 2024.05.22.
New Agricultural Support to Boost Innovation and Rejuvenate the Sector The economic situation is difficult; therefore, Hungarian agriculture not only needs support, but also a vision for the future, said... 2024.05.22.
Emphatic ‘No’ from Hungary to ICC’s Netanyahu Arrest Warrant On Monday, May 20, the International Criminal Court's (ICC) prosecutor Karim Khan sought arrest warrants for the head of the... 2024.05.22.
Harald Vilimsky Suggests Viktor Orbán Should Be Head of European Commission Viktor Orbán should lead the European Commission, said Harald Vilimsky, the lead nominee of the Freedom Party of Austria's (FPÖ)... 2024.05.21.
Famous Tokaj Wine Cheaper Abroad than Back Home In the first two months of this year, the average selling price of wines produced and sold domestically rose by... 2024.05.21.
Innovative App Shows Places with Hungarian Connections All over the U.S. The Hungary Foundation has been a bridge between the U.S. and Hungary since 2013, and the development of the HuGo... 2024.05.21.
Defense Forces Has Some of the Most Modern Equipment in the World "The Hungarian government recognized a long time ago that our defense capabilities needed to be improved, thus in 2016, it... 2024.05.21.