Is Iraq Buying Aircraft from a Factory Partly Owned by Hungary? An Iraqi delegation led by Defense Minister Juma Inad visited the partly Hungarian-owned Aero Vodochody aircraft factory in the Czech... 2022.06.09.
Optimistic Growth Seen in Hungarian Households’ Solar Energy Capacity Hungary’s solar energy capacity has grown significantly as the number of domestic household-scale (HMKE) solar panel units grew more in... 2022.06.09.
MOL CEO Zsolt Hernádi Talks about Sanctions, Oil Embargo, and Price Cap Zsolt Hernádi, CEO of the Hungarian oil company MOL gave an interview to Mandiner, talking about EU sanctions, the oil... 2022.06.09.
Foundation Stone Laid for New, State-of-the-Art BMW Plant in Debrecen The foundation stone has been laid for the BMW Group’s new plant in Debrecen, Hungary. The €1 billion investment is... 2022.06.01.
Technology Minister Palkovics Opens Intl Automobile and Tuning Show Technology and Industry Minister László Palkovics opened the international Automobile and Tuning Show at Budapest's Hungexpo grounds on Friday. In... 2022.05.28.
Petrol Station Owners: License-Plate-Based Fuelling Unfeasible The Association of Independent Petrol Stations' President considers the government's decision to allow only cars with Hungarian registration plates to... 2022.05.27.
Despite Recently Introduced Pre-Emption Rights, Gov’t Not Preventing Hungarian Grain Exports In the last two and a half months, the Hungarian government has not exercised its recently introduced right of pre-emption.... 2022.05.24.
Technology Minister Palkovics: Hungarian Industry Aiming for Europe’s Top Tier Hungarian industry must reach Europe's top tier in the coming years, László Palkovics, the candidate to head the new ministry... 2022.05.19.
Bread Prices in Hungary Could Surpass €2 per Kilo by Summer For almost all products and foodstuffs, we can see that prices have increased enormously and the increase cannot even be... 2022.05.18.
Hungarian Lighting Company Tungsram Files for Bankruptcy Protection Tungsram has sent a statement to the news portal Index to inform the public that the company has filed for... 2022.05.13.
Budapest Public Transport BKV in Trouble as Suppliers Quit and Costs Skyrocket Budapest's public transport system faces a serious crisis as several suppliers have terminated their contracts with the Budapest Transport Privately... 2022.05.12.
How Viable Would a Russian Oil Embargo Be in Hungary? Analysts differ in their answers regarding how manageable an embargo on Hungary’s supply of Russian oil would be in the... 2022.05.06.
Hundreds of Hungarian Bakeries May Close Due to Production Costs Rising production costs must be built into the consumer prices of Hungary's bakeries, otherwise up to 400-500 may be forced... 2022.05.05.
What Renewed M3 Metro Stations Will Look Like Once Completed The visual plans of the renovated stations of the M3 metro line have been published, which include elevators, renovated escalators,... 2022.04.20.
MOL CEO: “As Long as Gasoline Price Cap Is in Place, There Will Be Tensions in Supply” "We are at home in this region, this is a responsibility, and shareholders must also take note of this," said... 2022.04.01.
FM Szijjártó Visits Bridgestone’s Hungary Plant for 15 Year Anniversary Japanese tire maker Bridgestone celebrated the 15th anniversary of its local unit at the Bridgestone base in Környe, on the... 2022.02.12.
Automotive Industry Supplier Novation Tech Investing HUF 1.3 bn at Szeghalmon Base Italian automotive industry supplier Novation Tech is investing 1.3 billion forints (EUR 3.7m) at its base in Szeghalom, in south-eastern... 2022.02.10.
Two-Kilometer-Long Road at Planned BMW Plant in Debrecen Will Cost a Fortune Austria's Strabag Építő Zrt. has been awarded a HUF 17.487 billion (EUR 51.352 million) contract for the four-lane development of... 2022.02.09.
Factory Gate Price Rise Accelerates to 22 % in December Factory gate prices in Hungary rose by an annual 22.3 percent in December, accelerating from a 21.6 percent increase in... 2022.01.31.
Construction Phase of Paks Nuclear Plant Upgrade Set to Start in 2022 The construction phase of the Paks nuclear plant upgrade project is set to get under way in 2022, János Süli,... 2021.12.04.
Hungary’s Economy “Shock Resistant,” Innovation Minister Palkovics Says Hungary's economy is "shock resistant" and though hit hard by the coronavirus crisis, it was among the first economies in... 2021.11.20.
