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.
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.
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.
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.
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.
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.
Key Aviation Industry Firm Announces Cooperation with Air Serbia The hangars of Aeroplex at Liszt Ferenc International Airport (Budapest) are full to capacity, indicating the company's continued growth and... 2024.11.13.
Fight against Climate Change Should Not Put Farmers at a Disadvantage "Our country is committed to fighting climate change, but we cannot jeopardize the competitiveness of farmers and the security of... 2024.11.13.
Completion Date of the First BYD Car to Be Produced in Hungary Revealed China's ambassador to Hungary, Gong Tao, visited Szeged (southern Hungary) last Thursday, where he was received by Mayor László Botka.... 2024.11.11.
Giant Liberty Steel Faces Pressure from Government Over Unpaid Wages Factory gate of Dunaferr (Dunaújváros, central Hungary). The government is calling on steel company Liberty Steel in the strongest terms... 2024.11.08.
Chinese Battery Factory CATL to Start Production in Debrecen Next Year Battery cell production is scheduled to start in 2025 at CATL's newly built factory in Debrecen (eastern Hungary), the announcement... 2024.11.07.
Economic Neutrality and Investments to Offset Dependence on German Economy According to calendar-adjusted data of the Hungarian Central Statistical Office (KSH), the volume of industrial production decreased by 5.4 percent... 2024.11.07.
German Economic Decline Deeply Impacts Hungarian Manufacturing The Hungarian manufacturing industry is facing one of its toughest years, struggling with technological transitions and Europe's exclusion from world... 2024.11.06.
Audi Hungaria Is the Largest Engine Manufacturer in the World Engine production at Audi Hungaria (Győr, northwestern Hungary) started more than 30 years ago, and in the decades since then... 2024.11.06.
Strategic Investments Drive Healthcare Technology Self-Sufficiency Hungary is advancing its medical device manufacturing industry, focusing on vulnerabilities exposed by the COVID-19 pandemic. The government aims to... 2024.11.05.
Two Millionth Mercedes Rolls off the Production Line in Kecskemét The Mercedes-Benz factory in Kecskemét (central Hungary) has reached a milestone, as the two millionth car was completed in October:... 2024.10.25.
Richter Announces Collaboration with U.S. Pharmaceutical Company Richter Gedeon’s headquarters in Budapest Budapest-based pharmaceutical giant Richter announced a new research and development collaboration in the field of... 2024.10.25.
Minister Calls BYD Plant an “Unprecedented Opportunity” for Domestic Suppliers The policy of economic neutrality has been put into practice in Hungary, where cooperation between German and Chinese companies is... 2024.10.16.
German Economic Decline Impacts Hungarian Suppliers Germany’s economy is facing significant challenges, with recent reports indicating a decline in factory orders that suggests a continuation of... 2024.10.08.
Alstom’s Northern Hungary Plant Set to Boost Bogie Production Capacity Alstom Metropolis on Budapest's M2 line The Mátranovák (northern Hungary) site in Hungary is set to significantly enhance Alstom's global... 2024.10.04.
Future of the Dunaújváros Steel Factory “Uncertain” The government had done its best to save the steel producer Dunaferr (also called Dunai Vasmű) in Dunaújváros (central Hungary),... 2024.10.02.