Bulgarian Gas Transit Fee Raise a Threat to Our Energy Security A week ago, without any prior warning, Bulgaria significantly increased its transit tariffs for Russian gas", András Gyürk, Fidesz MEP,... 2023.10.20.
Budapest Based Pharmaceutical Giant Gets Key Role in Central Asia Egis Pharmaceuticals Zrt. announced that it has signed a cooperation agreement with the Uzbek pharmaceutical authority in Tashkent, the capital... 2023.10.13.
Gas Storage Tanks Almost One Hundred Percent Full Hungary's gas storage filling levels reached 95 percent at the beginning of October 2023, only one percentage point below the... 2023.10.12.
Nuclear Energy Continues to Be a Profitable Investment The Paks nuclear power plant Any claim that there is no need for the Paks II power plant because the... 2023.10.12.
MÁV Railway Subsidiary to Be Taken Over by a Private Operator One of MÁV's most important subsidiaries will be taken over by a Hungarian private operator. This will finally allow the... 2023.10.11.
Considerable Drop in Fuel Prices After the drop in petrol prices on Friday, the price will be even lower on Wednesday. The price of petrol... 2023.10.10.
Wizz Air Overcomes Difficulties Posed by COVID Wizz Air, Hungary's leading low-cost airline, is expected to carry 5.6 million passengers by the end of 2023, with a... 2023.10.06.
Nestlé Investment to Create 280 New Jobs The capacity expansion investment of Nestlé Hungária Kft. will create 280 new jobs in Bük (near the Austrian border), and... 2023.10.06.
Economic Outlook for the Future Is Positive due to Automotive Sector Based on a report by the European Bank for Reconstruction and Development (EBRD), Oeconomus points out in its analysis that... 2023.10.05.
Europe Pays Seven Times as Much for Natural Gas as the U.S. “Hungary's economic outlook is positive despite the negative European environment. Hungary has benefited a lot from the strategy that has... 2023.10.04.
The EU Approves Dunaferr Steelworks’ Change of Ownership The European Union has approved the change of ownership of Dunaferr steelworks, the Ministry of Economic Development said in a... 2023.10.04.
Austrian Company to Create 120 New Jobs in Győr The HUF 4.5 billion (EUR 11.6 million) investment by the Austrian electronics company Melecs EWS GmbH will create 120 new... 2023.10.03.
Chinese Car Manufacturer Brings Electric Cars to the Hungarian Market The new Chinese energy vehicle manufacturer BYD has selected its first two Hungarian partners. Wallis Motor and Duna Autó will... 2023.10.02.
Nuclear Cooperation Agreement Signed with Slovakia Hungary and Slovakia signed an agreement on nuclear cooperation, with the aim of coordinating their participation in the development of... 2023.09.29.
Hungary Among Top Ten Seed Producing Countries in the World Hungary belongs to one of the ten largest seed producing countries in the world, the Secretary of State for Agriculture... 2023.09.15.
New Energy Plan To Strengthen Climate Neutrality The government has recently submitted proposals to Brussels for domestic policy measures and sectoral developments for the next decade. The... 2023.09.12.
Gas from the North Could Arrive in Hungary Minister of Foreign Affairs and Trade Péter Szijjártó and Polish Energy Minister Anna Moskwa For the first time, Hungary may... 2023.09.07.
Chinese and German Companies Benefit Hungarian Economic Growth Hungary benefits greatly from the strong cooperation between Chinese and German automotive companies, which is a guarantee to maintain economic... 2023.09.06.
90% of Gas Storage Facilities Are Full Government measures and continuous storage since April have resulted in the Hungarian gas storage capacity having exceeded 90 percent. Adequate... 2023.08.29.
New Chinese Investment in Kaposvár Worth around €60 Million On Monday, the executives of Chinese company Jiecang Linear Motion Technology Co. Ltd. announced the construction of a new plant... 2023.08.22.
Transatlantic Flights from Budapest May Resume Next Year Passenger numbers at Budapest Airport reached 1.5 million in July. Kam Jandu, CEO of the Ferenc Liszt International Airport, told... 2023.08.22.