Cooperation Agreement to Accelerate Transition to Hydrogen Technologies Representatives of the hydrogen associations of nine Central European and Baltic states signed the official cooperation agreement of the 3... 2024.02.02.
German-Hungarian Chamber of Commerce’s Goal is to Be Predictable in the “Decade of Unpredictability” "We are living in a decade of unpredictability; the global economic environment has presented us with challenges we were not... 2024.01.26.
Defense Forces Sell Soviet-Era Infantry Fighting Vehicles to Serbia Serbia has purchased a fleet of 26 BTR-80A armored infantry fighting vehicles from Hungary. The sold Soviet/Russian-made equipment does not... 2024.01.25.
Cooperation on the Horizon between Audi Győr and Steel Giant Liberty The management of steel giant Liberty Dunaújváros (formerly Dunaferr, in central Hungary) held talks on Thursday with representatives of Audi... 2024.01.19.
Audi’s Győr Plant Breaks Ten-Year Production Record in 2023 Audi Hungaria reached a ten-year production record in 2023, with the manufacturing of nearly 178,000 vehicles and more than 1.66... 2024.01.18.
New Vocational Center Tackles Transport Industry Workforce Shortages The Deputy State Secretary of the Ministry of Culture and Innovation emphasized the pivotal role of vocational training in meeting... 2024.01.18.
Fuel Consumption Fell By 15.7 Percent Last Year Last year, 11.1 percent less petrol and 18.4 percent less diesel were consumed in Hungary than in 2022. The fuel... 2024.01.16.
EU Crackdown on Chinese EVs Could Hurt Competitiveness and Consumer Choice The European Commission is to investigate Chinese car manufacturers as part of a probe into whether to impose punitive tariffs... 2024.01.15.
The Construction Sector is Close to Recovery in 2024 Amid increased credit activity and the unlocking of EU funds, the construction sector appears poised for a potential resurgence in... 2024.01.15.
Replacing Russian Nuclear Fuel Rods Not Feasible, Claims Expert The nuclear power-station in Paks, Hungary It is neither worthwhile nor safe to replace the fresh Russian nuclear fuel used... 2024.01.15.
Government to Focus On Fortifying the Pillars of Economic Growth The Hungarian government is committed to achieving economic growth exceeding four percent in the current year, with a focus on... 2024.01.11.
Generational Transition Program Launches in the Job Market From Wednesday, companies can apply for the Workplace Generational Transition Program, offering wage supplements to employers who want to ensure... 2024.01.11.
Maize Growers Compensated for Damage Caused by Ukrainian Imports The Ministry of Agriculture announced on Wednesday that it had managed to secure HUF 6 billion (EUR 15.9 million) in... 2024.01.11.
Record Number of Pure Electric Vehicles in the Country There are twice as many vehicles with green number plates in Hungary as at the beginning of 2022, the Ministry... 2024.01.10.
The Country’s Largest Steel Producer Restarts Its Rolling Mills Liberty Dunaújváros, also known as Dunaferr, the country's largest steel producer, has restarted its rolling mills and galvanizing line for... 2024.01.09.
Signals of Recovery in Hungarian Industrial Production The war and sanctions have inflicted substantial damage on the economy, contributing to a 5.8% year-on-year decline in industrial production... 2024.01.09.
Minister of National Economy Forecasts Inflation between 5-6% in 2024 Economic growth could be around four percent this year after the recovery from the recession began last year, Minister of... 2024.01.04.
Budapest Airport Reacquisition Nears Finalization Negotiations on the reacquisition of Liszt Ferenc International Airport are already at a stage where a final agreement between the... 2024.01.03.
Positive Changes for Green Energy Production and Storage from 2024 Green energy is the future of the Hungarian economy, and therefore several measures and support options will promote the increased... 2024.01.02.
Hungarian Economy Forecasts Growth in 2024 In a recent statement, László Parragh, President of the Hungarian Chamber of Commerce and Industry (MKIK), expressed optimism about the... 2023.12.27.
BYD, World’s Top Electric Car Manufacturer to Build European Factory in Szeged "China's BYD, the world's largest electric car manufacturer (by volume), is to build its first European factory in Szeged. This... 2023.12.22.
