MOL Secures Third Spot in CEE Rankings, despite Decline in Revenue MOL's Tiszaújváros (northern Hungary) plant. After three years, the automotive and transport sectors have regained the lead, but 2024 does... 2024.11.20.
EU Targets for E-mobility Transition Are “Overly Ambitious” Róbert Krisztián, President of the Association of the Hungarian Automotive Industry (MAGE) and Deputy CEO of Magyar Suzuki Zrt., warned... 2024.11.20.
Relief Plan Brings Cheaper Electricity for Micro-Enterprises from January In line with the goals of the economic action plan, more micro-enterprises will be able to return to the universal... 2024.11.20.
Hungary Advances Tax Competitiveness with New Measures for 2025 Hungary's tax system is progressing towards greater competitiveness, with further reductions in the tax burden planned for 2025, Finance Minister... 2024.11.20.
Hungarian Soldiers Train Bosnian Mountain Rescuers In October this year, an agreement was reached on the assistance of EUFOR (European Union Force) and the Mountain Rescue... 2024.11.19.
Regional Stock Exchanges Unite with EBRD to Boost Capital Markets Seven Central European stock exchanges and the European Bank for Reconstruction and Development (EBRD) have signed an agreement in Bratislava... 2024.11.19.
20-year-old Lidl Hungary to Further Expand in the Country Lidl Hungary plans to increase the number of its stores in Hungary from the current 210 to 250 in the... 2024.11.18.
Workers Saved by Government Action amid Alleged Legal Breach by Liberty Steel The government has paid the October wages of Dunaferr Group workers from the Wage Guarantee Fund at the request of... 2024.11.18.
2025 to Be the Year of Investments Finance Minister Mihály Varga gave an interview to Kossuth Radio on Sunday, presenting the state's 2025 budget. He said that... 2024.11.18.
Hungarian Passport Surpasses Europe’s Giants in Global Rankings The latest survey on how strong each country is in the international arena is out, writes Világgazdaság. An important aspect... 2024.11.18.
Adoption of the 2025 EU Budget a Success for the Hungarian Presidency Péter Benő Banai, Secretary of State for Public Finance of the Ministry of Finance, Victor Negrescu, Chief Negotiator on the... 2024.11.18.
Our Editorial Team on the Trail of the Tokaj Wine in China During a visit to China, the editorial team of Hungary Today had the opportunity to stop by the Asia-Europe Logistics... 2024.11.16.
EU Budget Must Focus on Competitiveness, Curb Excessive Spending Péter Benő Banai, Secretary of State for Public Finance, emphasized the importance of competitiveness in the EU's 2025 budget during... 2024.11.15.
MOL to Expand Green Electricity Production with New Solar Park MOL Petrochemicals is expanding its green electricity production with a 48-megawatt solar park, creating one of the largest consumer-connected parks... 2024.11.15.
Monor Welcomes New EUR 75 million Vaccine Plant for Animal Health Ceva-Phylaxia is building a new vaccine factory in Monor (central Hungary) with an investment of HUF 30 billion (EUR 75... 2024.11.15.
Wage Growth Signals 2025 a Financially Brighter Year Hungary’s economy is currently navigating between inflation control, labor market challenges, and efforts to boost wage growth. After enduring a... 2024.11.15.
Chinese Tech Giant to Open Its Biggest European Factory in Kaposvár Next Year Construction work on the new factory building in the Kaposvár Western Industrial Park is underway, which will enable J-Star Motion... 2024.11.15.
From Stagnation to Growth: Economic Revival Predicted for Next Year The Hungarian economy may expand at a slow pace of below 1% this year, partly due to the unfavorable international... 2024.11.15.
Foreign Partners’ Stability Is Key to Hungary’s Economic Outlook The German-Hungarian Chamber of Industry and Commerce (DUIHK) presented its autumn business survey, highlighting challenges faced by the Hungarian economy... 2024.11.15.
Viktor Orbán: “It is not Serbia that needs the EU but the EU that needs Serbia” Serbian President Aleksandar Vučić visited Budapest for the second Hungarian-Serbian Strategic Cooperation Council meeting, where he held talks with Prime... 2024.11.15.
The Budapest Declaration on Competitiveness Could Be a Turning Point The year, as a whole, shows that a new economic policy is needed; a policy of economic neutrality will eliminate... 2024.11.14.