Chinese Battery Factory in Debrecen Receives Strict Environmental Permit The government department has issued an environmental permit for the construction of the battery factory in Debrecen, eastern Hungary, under... 2023.02.14.
Audi a Key Player in Hungarian Economy The Minister of Economic Development, Márton Nagy, received the heads of Audi Hungária Zrt.: Alfons Dintner, Chairman of the Board... 2023.02.10.
Gidran Combat Vehicles Increase Operational Capabilities of Land Forces The Ejder Yalçın combat vehicle, known in Hungary as the Gidran, is part of the culture change and development program... 2023.02.06.
Further Success in Hungarian-Egyptian Economic Relations Hungarian Foreign Minister Péter Szijjártó (R) and Egyptian Minister of International Cooperation Rania A. Al-Mashat On Thursday, Hungarian Minister of... 2023.02.03.
Defense Cooperation with Rheinmetall Is of Key Importance On Thursday, Prime Minister Viktor Orbán received Armin Papperger, CEO of the German defense and automotive giant Rheinmetall, at the... 2023.02.03.
Electrolux to Stop Production at Rural Factory in 2024 At the beginning of next year, Electrolux, a Swedish multinational home appliance manufacturer, will stop production at its Nyíregyháza refrigerator factory... 2023.02.02.
Government to Pay Steelworkers’ Wages for Six Months We are working to save Dunaferr, Prime Minister Viktor Orbán stated on his Facebook account on Wednesday. The Dunai Vasmű... 2023.02.02.
Hundreds of New Jobs in Rural Town Thanks to Automotive Investment The Boysen Group is investing HUF 60 billion (EUR 154 million) to create 400 new jobs in Nyíregyháza in eastern... 2023.01.31.
Political Campaign Targets Chinese Battery Factory The debate over the battery factory in Debrecen in northern Hungary, may seem to concern environmental issues, but the investment... 2023.01.30.
High-tech Tools for Developing the Hungarian Defense Forces It is important that the combat readiness of the Hungarian armed forces is at all times at its best, the... 2023.01.30.
Hungary One of Europe’s Fastest Growing Economies, Says Economy Minister The government will do everything to protect the Hungarian economy and businesses, Economic Development Minister Márton Nagy said in a... 2023.01.03.
Hungarian and Polish Oil Companies to Battle It Out in 2023 The Polish, Hungarian, and Slovakian retail fuel markets are expected to see fiercer competition in 2023, with Hungarian MOL and... 2023.01.02.
Hungary’s Military Spending to Reach 2 Percent of GDP Next Year Next year's budget will provide the resources to continue the modernization of the Hungarian Defense Forces, and Hungary's military expenditure... 2022.12.29.
Hungary Attracts Record Investments This Year The record for investment in Hungary was broken again this year, with investments worth 6.5 billion euros (2,600 billion forints),... 2022.12.29.
Schneider Electric Smart Factory to Start Production in 2024 The French multinational company Schneider Electric is expected to start production in 2024 at its smart factory in Dunavecse (central-southern... 2022.12.28.
Defense Reform in Hungary Progressing Well A new approach and domestic innovations are needed in defense development, while the reform of the sector is progressing well,... 2022.12.28.
Suzuki to Increase Wages Next Year The Hungarian subsidiary of Japanese automobile company Suzuki (Magyar Suzuki Zrt.) will raise wages by an average of 20 percent... 2022.12.22.
Hungarian Companies Persevere despite Energy Crisis Although Hungarian companies are feeling the effects of the energy crisis, they are trying to cope with the situation and... 2022.12.22.
Investment Breaks Record in Hungary This Year The investment record in Hungary has been broken again this year, with some 2,600 billion forints (6.3 billion euros) invested,... 2022.12.21.
“It is not a global, but a European economic crisis,” Says Economy Minister There is no way to get out of this crisis in the short term, Márton Nagy, Minister for Economic Development... 2022.12.16.
New Ammunition Plant Opens West of the Capital Hungary is building a brave, innovative and high-tech army, the Minister of Defense said on Thursday at the groundbreaking ceremony... 2022.12.16.
