The Country Strengthens Defense and Secures NATO Commitments Minister of Defense, Kristóf Szalay-Bobrovniczky outlined Hungary's defense strategy during his annual hearing before the National Assembly's Defense and Law... 2024.12.11.
Digitalization Program Launched to Support Small Businesses Hungary will launch a HUF 9B (EUR 23.4M) program called "Every Business Should Have Its Own Website" in February 2025,... 2024.12.11.
4iG and Elon Musk Explore Collaboration on Satellites and AI On Monday afternoon in Mar-a-Lago, Florida, Prime Minister Viktor Orbán held talks with Donald Trump, Elon Musk, and Michael Waltz.... 2024.12.11.
November Inflation Reflects Economic Stability with Mixed Price Trends Consumer prices in Hungary rose by an average of 3.7% in November 2024, compared to the previous year, marking a... 2024.12.11.
Electric Vehicle Charging Network Sees 7% Growth Hungary’s electric vehicle (EV) charging infrastructure grew significantly in the second quarter of 2024, according to a report from the... 2024.12.10.
Government Launches HUF 15B Program to Support Large Companies’ R&D The government has launched a HUF 15B (EUR 40.5M) program to support large companies in developing new technologies, products, or... 2024.12.10.
November Deficit Drops to HUF 233.8B, Meeting 68% of Annual Target The government reported a deficit of HUF 233.8B (EUR 586M) in November, the lowest monthly figure in recent years, amounting... 2024.12.09.
Automotive Sector Poised for Major Expansion with Bosch Investment Hungary's economy is set for visible growth in 2025, with significant contributions from the automotive industry. This development is largely... 2024.12.09.
Construction of Debrecen BMW Group Plant in Full Swing The construction of BMW's new plant in Debrecen (eastern Hungary) is proceeding at full speed, and the plans are unchanged,... 2024.12.09.
Solar Energy Targets Surpassed with Rapid Expansion The Ministry of Energy has reported a 12-fold increase in the capacity of domestic industrial solar power plants compared to... 2024.12.09.
Paks Nuclear Power Plant Project Meets the Highest International Standards The expansion of the Paks nuclear power plant, the Paks II project, is being carried out in compliance with the... 2024.12.06.
National Program to Renew Railway Stations and Boost Regional Growth Budapest Keleti railway station. Keeping them in public ownership, but also involving external funding for improvements so that they can... 2024.12.06.
Defense Spending Surpasses 2% NATO Requirement Hungary is a reliable ally, fulfilling its commitments, spending more than 2% of gross domestic product (GDP) on defense, while... 2024.12.06.
Moody’s Revises Ratings and Outlook for Hungarian Banks Moody's has recently announced its updated ratings for several major Hungarian banks, including Raiffeisen Bank Zrt, K&H Bank, Erste Bank... 2024.12.06.
Hungarian Development Bank Launches 0% Interest Loans for Digitalization The Hungarian Development Bank is launching two new 0% interest loan products under the EU co-financed Digital Renewal Operational Program... 2024.12.06.
Spectacular Video Shows the Activity of a Red Giant Reconstructed by HUN-REN Researchers (Illustration) Researchers from the German Leibniz-Institute for Astrophysics Potsdam (AIP) and the Hungarian HUN-REN Research Center for Astronomy and Earth... 2024.12.05.
Retail Credit Market Surges to New Highs with Record Personal Loan Demand Demand on the retail credit market remains very strong. While new personal loan originations broke the previous annual record in... 2024.12.05.
Indotek Strengthens Retail Presence with 47% Stake in Auchan Hungary Over the weekend, the Indotek Group completed the acquisition of Auchan Hungary. In addition to the 47 percent stake in... 2024.12.05.
European Investment Bank Plays “Key Role” in Improving EU Competitiveness EIB President Nadia Calviño (L) and Hungary's Finance Minister Mihály Varga Hungary supports the acceleration of the European Investment Bank's... 2024.12.05.
EUFOR Althea Exercise Demonstrates Hungary’s Military Skills In Sarajevo, soldiers of the EUFOR Althea mission demonstrated their capabilities under Hungarian command in a spectacular exercise attended by... 2024.12.05.
Military Power Grows with New Leopard 2A7HU Tanks "They have arrived and are serving the peace of the Hungarian people: new Leopard 2A7HU tanks are in Hungary's service!... 2024.12.05.