Production of Fully Hungarian-made Aircraft Starts in Pécs A HUF 6 billion (EUR 15.4 million) investment will expand the Pécs-Pogány aircraft factory (southwestern Hungary). Thanks to the investment,... 2024.04.05.
Advanced Artillery Ammunition Plant Will Be Built in Western Hungary László Palkovics, CEO of N7 Holding National Defense Industrial Innovation Ltd., announced the groundbreaking of the 155 mm artillery ammunition... 2024.04.05.
Hungary Aims to Have the World’s Fourth Largest Storage Capacity for Green Energy By 2030, Hungary will have the fourth largest capacity in the world for storing green energy after China, the United... 2024.04.03.
Biggest Agricultural Firm Reaches Huge Financial Success One of Hungary's largest agricultural groups achieved notable financial results in the first six months of the 2023-2024 fiscal year,... 2024.04.03.
Hungary Could Soon Be a Net Exporter of Electricity With the production of existing and planned solar parks and the Paks nuclear power plant, Hungary could export electricity in... 2024.03.27.
Chinese Car Manufacturer with Hungarian Plant Produces Seven Millionth Vehicle Chinese car manufacturer, BYD, is dynamically expanding its production of new energy vehicles: the production reached seven million units this... 2024.03.27.
Massive Gold and Silver Reserves Found in Börzsöny Mountains According to calculations by Hun-Mining Research, Development, and Innovation Ltd., the Börzsöny mountains in northern Hungary could hold approximately 1,000... 2024.03.25.
Minister of Defense Emphasizes Export of Hungarian Arms Industry In a move aimed at bolstering Hungary's defense capabilities, Minister of Defense, Kristóf Szalay-Bobrovniczky emphasized the need to export Hungarian... 2024.03.22.
Humanoid Robots Put to Work at the Mercedes Factory in Kecskemét Mercedes is testing the use of humanoid robots to alleviate labor shortages and make better use of existing staff. Apollo... 2024.03.20.
Another Milestone Reached at BMW’s Debrecen Plant The health center at the BMW Group's Debrecen plant has moved to its final location, where it has been operating... 2024.03.19.
Opinion: ‘Language, Herr Reisch!’ Spar Austria CEO Hans Reisch, in an interview for the economic news portal Lebensmittel Zeitung, has accused the Hungarian government,... 2024.03.18.
Export Performance Has Tripled in the Last Fifteen Years Despite all the global difficulties, last year was an absolute record year in terms of foreign trade indicators, breaking records... 2024.03.13.
Urgent Rail Improvements Needed to Serve New Factories Rail freight in Hungary is already facing infrastructure constraints, and there is no doubt that urgent rail improvements are needed... 2024.03.12.
Agricultural Exports Reached Record Growth in 2023 Last year, the value of agricultural exports reached EUR 13.4B, indicating that Hungary sold EUR 3.5B more on foreign markets... 2024.03.08.
Protective Measures Needed to Save the Meat Industry Just before the EU development tenders are announced, meat companies are in a crisis situation that makes it impossible for... 2024.03.07.
Ministry of National Economy Unveils Industry 4.0 Assistance Program The Ministry of National Economy will launch the Industry 4.0 truck this year in cooperation with Neumann János Nonprofit Ltd.,... 2024.03.06.
Government Plans to Withdraw Privileges for Plug-in Hybrid Vehicles The Ministry of Construction and Transport stated that the measure to cancel green license plates and all associated benefits for... 2024.03.05.
Remarkable Growth in the Solar Energy Sector The Hungarian solar industry has experienced great development, with the biggest expansion last year when 1.6 gigawatts of solar panels... 2024.03.05.
Minister Calls On the EU to Rethink Its Policies on State Subsidies The BYD bus factory in Komárom The European Union should be involved in the state aided competition between the United... 2024.03.04.
Gedeon Richter Pharma Company Anticipates Double-Digit Growth Gedeon Richter, the renowned pharmaceutical giant, is gearing up for another year of exceptional growth and expansion, building on its... 2024.03.01.
Ganz’s Manufacturing Expands for Nuclear and Renewable Energy Markets Ganz Transformer and Electrical Rotating Machinery Manufacturing Ltd. has embarked on a HUF 4.65B (EUR 11.8M) technology development project within... 2024.02.28.
