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.
Hungarian Oil and Gas PLC Initiates Gas Production in Kazakhstan’s Rozhkovsky Field MOL (Hungarian Oil and Gas PLC), as part of the international joint venture Ural Oil and Gas LLP., has started... 2023.12.22.
Schaeffler to Launch Major Research and Development Project in Szombathely Hungary has successfully become a European champion in the first phase of the competition for manufacturing capacity in the new... 2023.12.20.
Potential for Private Railways in Hungary As State Railway Contracts Near Expiry Railways operated by private companies could come to Hungary if the government does not extend the public service contracts of... 2023.12.15.
October Manufacturing Insights: Vehicle Production and Electrical Equipment Grows In October, production volumes witnessed an increase in vehicle manufacturing and the production of electrical equipment. However, several manufacturing sub-sectors... 2023.12.13.
Hungarian Engineers Contribute to German Panther Supertank Development Hungarian engineers have contributed to the development of the new German Panther supertank since the end of summer. Defense Minister Kristóf Szalay-Bobrovniczky... 2023.12.13.
Reports of EU Legal Action: Agriculture Minister Nagy Disagrees Agriculture Minister István Nagy held a press conference after the Council of Agriculture Ministers' meeting in Brussels. He informed journalists... 2023.12.12.
Porsche Hungaria further Strengthens its Presence in the Country The recently appointed managing director of Porsche Hungaria expects an increase in sales of its brands next year. According to... 2023.12.08.
Government Boosts Construction of Budapest-Belgrade Railway Line The latest issue of the official journal of the Hungarian Parliament reveals that the government is turning some projects related... 2023.12.07.
