“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.
Minister Discusses Plan to Promote Electric Car Use with Heads of German Manufacturers Following his visit to Berlin in April, Minister for National Economy Márton Nagy traveled to Bavaria (southeastern Germany) and met once... 2024.05.15.
Food Industry Faces Major Transition to Maintain Competitiveness The food industry is the second largest employing sector after the automotive sector, reports Index. The government's competitiveness strategy sets... 2024.05.14.
German Automotive Supplier Invests HUF 5 Billion to Upgrade Its Szombathely Plant With an investment of more than HUF 5 billion (EUR 12.9 million), the automotive supplier Schaeffler has upgraded its plant in... 2024.05.14.
Foreign Minister Discusses Expansion of Cooperation with China’s BYD On Thursday, the Minister of Foreign Affairs and Trade announced on Facebook that talks on further expanding cooperation between BYD... 2024.05.10.
Multinational MOL’s Largest Organic Investment to be Inaugurated Next Week Next week, Hungarian multinational oil and gas company MOL's Polyol Complex in Tiszaújváros (northern Hungary) will be inaugurated in the... 2024.05.10.
German Defense Company Opens Its First Facility in Southwestern Hungary A soldier using a man-portable anti-tank system by DND GmbH. German company Dynamit Nobel Defense is establishing a defense research... 2024.05.10.
Hungary’s Strategic Partnership with China Forges Technological Innovations Péter Pál Kránitz, a senior researcher at the Hungarian Institute of International Affairs, underscores China's evolution from a producer of... 2024.05.08.
BYD’s Investment Opens up Development Opportunities for the Whole Region Benepack Hungary's factory under construction in the Makó industrial park János Lázár, Minister of Construction and Transport, held a press... 2024.05.07.