Hungary among Europe’s Leaders in Solar Energy Production Hungary is among the European leaders in peak solar production, accounting for more than nine-tenths of electricity consumption in suitable... 2024.09.30.
Motorways to Be Expanded with ‘Intelligent’ Hard Shoulders In 2022, the Hungarian Concessionary Infrastructure Development Company (MKIF Magyar Koncessziós Infrastruktúra Fejlesztő) took over from the state the task... 2024.09.27.
Richter’s Female Health Product to Be Marketed in Japan Gedeon Richter Plc.'s partner, Fuji Pharma Co., Ltd. has received marketing approval for the combination tablet Alyssa, developed in Japan.... 2024.09.25.
Rheinmetall Unveils Next-Gen Battlefield Beast Rhinmetall Factory in Zalaegerszeg (western Hungary) Rheinmetall, Hungary's largest military partner, has unveiled a groundbreaking armored vehicle, the Keiler Next... 2024.09.17.
Tenth Well Drilled in Eastern Hungary Gas Fields MVM Group is drilling its tenth well in the gas fields of Eastern Hungary, the Ministry of Energy said on... 2024.09.12.
Surprising Target Price Set for Pharmaceutical Giant Richter’s Shares In a few years, Gedeon Richter Plc's revenue could rise by 50 percent, according to MBH Bank, that started tracking... 2024.09.11.
CRRC and Acemil Join Forces to Boost Rolling Stock Manufacturing Vossloh DE18 locomotive, product of CRRC's European subsidiary In an article published in Railway Gazette, it was reported that Hungarian... 2024.09.06.
BYD’s Komárom Factory Reaches Milestone with 700th eBus As magyarbusz.info reports, BYD’s Komárom (northern Hungary, close to the Slovakian border) factory has reached a major milestone in bus... 2024.09.06.
Largest Green Hydrogen Plant in Central and Eastern Europe Starts Production MOL's Százhalombatta oil refinery plant MOL Group has inaugurated the largest green hydrogen plant in Central and Eastern Europe at... 2024.09.05.
Paks II. Nuclear Plant Construction Works Hit Key Milestone Construction works at the Paks Power Plant The construction of the Paks II. Nuclear Power Plant has reached a new... 2024.08.27.
Self-driving Robots Support Audi Hungaria’s Production Audi Hungaria started series production of its Premium Platform Electric (PPE) drive last November. A fleet of 30 robots delivers... 2024.08.15.
MOL Invests USD 1B for a Sustainable Future In the latest episode of the MOL Talks podcast, Dávid Kapes, Head of Upstream Sustainable and New Energies, Ádám Horváth,... 2024.08.14.
New Energy Storage Facility to Ensure Uninterrupted Power Supply in Soroksár Electric utility company E.ON is building a new battery energy storage facility in Soroksár (part of Budapest), which will enable... 2024.08.13.
Pharmaceutical Company Gedeon Richter Reports Robust First Half of 2024 In the first half of 2024, Gedeon Richter reported consolidated revenue of HUF 419.69B (EUR 1.05B), a 1.5 percent increase... 2024.08.06.
Chinese Loan to Finance Long-awaited Modernization of Dunaújváros Steel Factory The first positive news in months comes from Liberty Steel, buying the assets of Dunaferr, a major player in Hungarian... 2024.08.05.
Continental Tobacco Group Faces Good Tobacco Harvest Despite the extreme weather, the Sátoraljaújhely-based (eastern Hungary) Continental Tobacco Group remains optimistic about the tobacco harvest season. DOFER Tobacco... 2024.08.05.
Strengthening Sovereignty and the Economy with Focusing on Defense Industry Starting on August 1, 2024, the Ministry for National Economy (NGM) will assume ownership of N7 Holding Zrt., marking a... 2024.08.01.
South Korean SK Group Merger to Benefit the Company’s Hungarian Battery Factories The South Korean parent companies of SK On Hungary, which has three battery factories in the country, are expected to... 2024.08.01.
Mercedes-Benz Kecskemét Plant Lays Off 100 Temporary Workers Mercedes-Benz’s Kecskemét (Central Hungary) plant has changed from three to two shifts daily operation starting in July due to transitioning... 2024.07.30.
“Taking and Holding Ground will Remain a Key Military Task”: Interview with Rheinmetall Hungary CEO, Paul Walf The Hungary Today team had recently visited Rheinmetall's new manufacturing facility near Zalaegerszeg, Western Hungary, to celebrate the unveiling of... 2024.07.27.
Heatwave Slashes Expected Crop Yields Across Southeastern Europe The European Commission's Joint Research Center (JRC) has issued its July analysis of arable crops, highlighting significant impacts from the... 2024.07.24.