Large-scale Rail Industry Cooperation Signed between Hungarian and Tunisian Companies Railway station in Nabeul, Tunisia An agreement has been reached between Ganz, a Hungarian holding company, and its Tunisian partner... 2024.04.30.
Great Wall Motor Could Build Its First European Car Factory in Hungary A major announcement could reportedly be expected next week when Chinese President Xi Jinping visits Budapest. Szabad Európa, citing unnamed... 2024.04.30.
Community Supported Agriculture Model Growing in Popularity Although not yet well known, the so-called Community Supported Agriculture (CSA) model has emerged and is spreading in Hungary, Világgazdaság... 2024.04.29.
First Major Installation of Paks II Nuclear Power Plant Project Complete The first major installation of the Paks II project, the core catcher of Unit 5, is complete. The 730-ton piece... 2024.04.26.
Innovation Program’s Tenders Strengthen the Country’s Competitiveness Hungary's competitiveness is poised to receive a significant boost through tenders totaling almost HUF 340B (EUR 866M) under the János... 2024.04.26.
China’s Fiberhome to Set up Its Largest European Base in Hungary China's Fiberhome will set up its largest European base in Hungary, where it will manufacture optical cables. The HUF 8... 2024.04.25.
Mercedes-Benz Factory in Kecskemét to Get a New Road A new service road will be designed and built on behalf of the city in the southern industrial park of... 2024.04.23.
Massive Chinese Investments Inject Billions of Euros into Hungary’s Economy The Minister of Foreign Affairs and Trade, Péter Szijjártó announced in Beijing that Chinese companies are investing EUR 15.2B (HUF... 2024.04.23.
Over a Thousand Hungarian Railway Carriages Headed for Egyptian Railway Tracks One of the largest export projects in the history of Hungarian industry is underway in Egypt, where 914 Hungarian-made railway... 2024.04.23.
New Contract Signed with The UAE to Strengthen Defense Capabilities Hungary has recently signed a military and defense industrial cooperation agreement with the United Arab Emirates, the Ministry of Defense... 2024.04.22.
British American Tobacco to Make Pécs a Global Manufacturing Center for Smokeless Products British American Tobacco will establish a new center for the production of smokeless products in Pécs (southwestern Hungary), and the... 2024.04.19.
New Factory to Produce Roof Tiles Using Robots The Austrian Wienerberger is building one of the most modern concrete roof tile factories in Europe in Hejőpapi (northeastern Hungary).... 2024.04.17.
Government to Protect Domestic Food Industry with Tougher Regulations The government's 2030 Competitiveness Strategy promises "soft protectionist" measures to protect domestic food companies. This also means that the authorities... 2024.04.15.
We Want to be Market Leaders in Europe – Interview with Gábor Orbán, CEO of Gedeon Richter Gedeon Richter CEO, Gábor Orbán Gábor Orbán has been appointed CEO of the pharmaceuticals giant seven years ago, and had... 2024.04.15.
EU Military Committee Chairman Discusses Common Defense Policy in Budapest The Chairman of the European Union Military Committee held talks in Hungary on Thursday. At a press conference held by... 2024.04.12.
Automotive Industry Is the Biggest Economic Success of the Past 30 Years "The automotive industry has been the greatest success story of the past 30 years," remarked Gergely Fábián, Secretary of State... 2024.04.12.
EU Agricultural Support Criteria Increasingly Strict due to Green Transition Policy As the last stage of the EU's Common Agricultural Policy (CAP) forum series in Tolna County (central Hungary), an agricultural... 2024.04.11.
Paks Power Plant Is an International Endeavor Vital to Energy Security Predictability and stability are extremely important for the government and the local people during the Paks (central Hungary) expansion, hence... 2024.04.11.
Brussels’ Agricultural Policy a Threat to European Food-Security, States Minister The Minister of Agriculture underscored the imperative for change in the farming community's interests during the next EP elections, taking... 2024.04.10.
New Mercedes Plant to Start Production by the End of Next Year The construction of the new Mercedes plant in Kecskemét (central Hungary) is proceeding in accordance with the original schedule, the... 2024.04.09.
Soldiers Visit the ”Citadel of the Hungarian Defense Industry” A unique insight into the production of the Lynx infantry fighting vehicle was gained by the Defense Forces' Kinizsi Pál... 2024.04.09.
