New Oil Well Starts Production near Budapest After another successful drilling, a new oil well has recently started production in the Vecsés oil field (near Budapest), in... 2024.06.07.
French Investment in Hungary Grows: 544 Companies, 49,000 Employees Hungarian Defense Forces' Airbus Helicopter. Airbus has a manufacturing plant in eastern Hungary. There are 544 French-owned companies operating in... 2024.06.07.
Hungary Secures Stake in Azerbaijani Natural Gas Field A historic agreement has been reached between Hungary and Azerbaijan on the purchase of a stake in one of the... 2024.06.05.
“Suzuki is more than just business: it is a friendship,” Says Orbán Toshihiro Suzuki (L) and Viktor Orbán (R) Prime Minister Viktor Orbán held talks with Toshihiro Suzuki, Chairman and CEO of... 2024.06.04.
First Green Hydrogen Plant Starts Trial Operation Hungary's first green hydrogen plant was inaugurated on Monday at the Bükkábrány Energy Park (northeastern Hungary). At the inauguration ceremony... 2024.06.04.
First Bus Rolls off BYD’s Assembly Line in Komárom The first BYD bus assembled in Hungary has been completed in Komárom (northwestern Hungary). The bus arrived in Miskolc (northern... 2024.06.04.
Ikarus Buses on Display at the 20th InnoTrans Exhibition The twentieth InnoTrans exhibition, scheduled from September 24 to 27 in Berlin, remains a key event in the transportation industry.... 2024.06.03.
Liverpool and Glasgow’s Metro Cars Built in Hungary’s Szolnok Plant Swiss railway vehicle company Stadler is building the new train cars for the Tyne and Wear Metro in the UK.... 2024.06.03.
“Europe is a talented, but diminishing pupil,” says MOL’s Managing Director György Bacsa, Managing Director of MOL Hungarian Oil and Gas Plc., gave a presentation on energy policy and economic growth... 2024.05.31.
Leading U.S. Automotive Supplier to Invest in Zalaegerszeg Flex, one of the world's largest automotive suppliers, is building a new factory and making major technological improvements in Zalaegerszeg... 2024.05.30.
Despite Higher Inflation, Mercedes-Benz Profits in Kecskemét Increase The Mercedes-Benz plant in Kecskemét (central Hungary) is a key part of the global production network for Mercedes-Benz. In 2023,... 2024.05.30.
HUF 2,000 billion in EU Funds to Boost Railway Development Strong and predictable public orders are needed for the development of the domestic rail vehicle industry, stressed László Mosóczi, the... 2024.05.29.
Leading Chinese Electronics Company Announces Investment in Hungary Hungary is an excellent example of the benefits of cooperation between East and West, and Hungary would like to continue... 2024.05.24.
Hungary’s EU Presidency Commitment Is a Farmer-Friendly Policy "European farmers are in urgent need of a competitive, crisis-resistant, and farmer-friendly agricultural policy, a focal point Hungary pledges to... 2024.05.24.
Largest Asian Airline Launches Flights to Budapest Guangzhou With a fleet of 950 aircraft, China Southern Airlines carried 142 million passengers last year, and will start flying... 2024.05.23.
4iG Strengthens Strategic Partnerships with Rheinmetall and Huawei 4iG's space technology manufacturing center in Martonvásár Péter Fekete, CEO of 4iG, discussed the company's recent preliminary agreement with Huawei,... 2024.05.23.
Minister for National Economy Says Hungary Fortifies Its Position as an Economic Hub "Each collaboration marks another success for the Hungarian economy, as Hungary endeavors to solidify its position as an economic hub,... 2024.05.22.
New Agricultural Support to Boost Innovation and Rejuvenate the Sector The economic situation is difficult; therefore, Hungarian agriculture not only needs support, but also a vision for the future, said... 2024.05.22.
Domestic Car Manufacturers More Competitive than Western European Rivals The success of the Hungarian automotive industry sends a clear message to manufacturers and investors that it is an economically... 2024.05.17.
Bosch Hungary Continues to Perform Excellently in Innovation The Bosch Group reported sales of HUF 2,207B (EUR 5.6B) in Hungary for 2023, nearly matching the previous year's revenue.... 2024.05.17.
Despite Political Tensions German Investments are Still Resilient in the Country Despite political tensions, there has been no change in German economic activity in Hungary. In fact, more German investment flows... 2024.05.15.