Traffic Fines to Rise Significantly Traffic authority fees will increase by an average of 35 percent from February 1, 2025, Magyar Nemzet reports, citing the... 2025.01.17.
EU Commission Approves Government’s Budget Plan In its assessment published on Thursday, the European Commission acknowledged that the Hungarian budget would remain stable in the coming... 2025.01.17.
EBRD Funding for Hungarian Programs Doubled in 2024 The European Bank for Reconstruction and Development (EBRD), established in 1991, to help the Central and Eastern European region catch... 2025.01.17.
Rural Towns to Experience a Boom in Development The famous Hotel Palota in Lillafüred, near Miskolc. The Minister of Construction and Transport held a press conference in Miskolc... 2025.01.16.
Fuel Prices Have Risen Dramatically since the Start of the New Year As of today, domestic wholesale fuel prices have increased further: petrol costs 3 forints more gross (0.007 euros) and diesel... 2025.01.16.
Hundreds of Recruits Start Basic Training in the Defense Forces Two companies of recruits have started basic training in two locations at the beginning of the week, and the vast... 2025.01.16.
Train Manufacturer Alstom to Crank Up Production France-based Alstom is building a new logistics hall of 827 square meters at its bogie frame factory in Mátranovák, northern... 2025.01.16.
US Brand Maintains Leading Position in the Commercial Vehicle Market Ford has maintained its 15-year unbroken leadership in the Hungarian commercial vehicle market, with 9,253 new vehicles sold in 2024,... 2025.01.15.
Statistical Data Confirm Fall in Industrial Production In November 2024, industrial production was 4.2 percent below its level than a year earlier, or 2.9 percent adjusted for... 2025.01.15.
Italian Army Tests Lynx Armored Vehicle Produced in Hungary Rheinmetall has confirmed that the Lynx infantry fighting vehicle that the Italian army has received for testing was indeed produced... 2025.01.15.
Latest Data Reveals a Record Year for Tourism 2024 was a new record year for tourism: never before have so many people traveled to Hungary from abroad, never... 2025.01.14.
Defense Spending to Guarantee Robust Military Development The Hungarian government will spend HUF 1,752.3 billion (EUR 4.2 billion) on defense in the 2025 budget. As a result,... 2025.01.14.
Multi-million Euro Development Project Starts in Famous Castle Spa The main building of the Gyula Castle Spa, renovated in 2024. A new series of developments worth over HUF 1... 2025.01.14.
Yet Another Chinese Investment to Create Hundreds of New Jobs The HUF 50 billion (EUR 121 million) investment of Chinese automotive company Xinzhi in Hatvan (some 60 kilometers east from... 2025.01.14.
BYD’s Newest Cargo Ship Expected to Set Sail to Europe The world's largest new-generation vehicle manufacturer is to launch the third ship in its planned fleet of eight car carriers.... 2025.01.10.
No Stopping in the Rise of Real Estate Prices Last year, the price of apartments increased by 7.8 percent nationwide, while in Budapest the average price per square meter... 2025.01.10.
2024 the Second Most Successful Year regarding Investment Stimulation Last year was the second most successful year in the history of the Hungarian economy in terms of investment stimulation,... 2025.01.10.
New Reality Show Depicts Life in the Defense Forces Today, Hungary is defended by an effective military force, the Defense Minister said at a press conference on the reality... 2025.01.10.
Fuel Prices Rise for the Fourth Time This Year Fuel prices rose again on Thursday, this being the fourth increase in January alone. With petrol stations introducing individual tariffs,... 2025.01.09.
Ukraine “willing to take Hungary’s place” in the EU amid Heated Gas Debate L-R: Ukrainian Foreign Minister Andrii Sybiha with his Hungarian counterpart Péter Szijjártó The Ukrainian Foreign Ministry made a comment to... 2025.01.09.
Key Border Crossing Point towards Serbia to Be Renovated A long-awaited project is about to be realized to upgrade the Hercegszántó-Backi Breg (Béreg) border crossing on the Main Road... 2025.01.08.