Financial Times: Hungary Has Cheapest Gas Prices The Financial Times recently published a lengthy article analyzing energy prices in Europe, concluding that the average price of electricity... 2022.09.08.
Another Multi-million Euro Chinese Investment in Hungary The Chinese-owned Halms Hungary Kft. is investing more than 40 million euros to set up an electric car parts production... 2022.09.07.
Vodafone Deal in Hungary Has Been in the Pipeline for a Year In an interview with Világgazdaság, a Hungarian economic site, Gellért Jászai, chairman of 4iG Nyrt., an IT service management company,... 2022.09.07.
Closure of Last Two German Nuclear Power Plants Postponed To maintain security of energy supply, the last two nuclear power plants in Germany will be closed in April 2023... 2022.09.06.
Hungarians Look for Cheaper Products in Shops July retail trade data suggests that households have started to adjust to the tighter economic environment and that consumption in... 2022.09.06.
Calm before the Storm on the Grain Market Traders are full of uncertainty about the maize harvest, with only a primary crop estimate of 3.1 million tons currently... 2022.09.06.
HUF 3000 Billion Investment Creates 9,000 New Jobs in Hungary In the largest ever investment in Hungary, worth some HUF 3000 billion (EUR 7.4 billion), China's Contemporary Amperex Technology Co.... 2022.09.06.
Residential Solar Tender Brought Forward for Hungarian Families The second phase of the residential solar tender will be available from November instead of the planned spring date, with... 2022.09.06.
Eyewatering Rise in Hungarian Producer Prices In July, domestic industrial sales prices were 52.7 percent higher, export prices 30.4 percent higher than a year earlier, while... 2022.09.01.
Gazprom to Supply Natural Gas to Hungary in Excess of Fixed Volume In September and October, Gazprom will deliver up to 5.8 million cubic meters more gas per day to Hungary via... 2022.09.01.
Base Rate Rises Again in Hungary amid Turbulent Global Economy The Hungarian National Bank (Magyar Nemzeti Bank, MNB) is significantly tightening monetary liquidity, announced Vice President Barnabás Virág. He said... 2022.08.31.
Hungary Decreases Dependence on Russian Oil While a French media outlet accused Hungary of increasing its dependence on Russian energy, Eurostat data shows the opposite. "European... 2022.08.30.
Sanctioning Energy Is a Fundamental Mistake, Chancellery Minister Says EU energy sanctions and tax increases were also discussed during a debate between Minister Gergely Gulyás and an opposition party... 2022.08.29.
Green Light for Expansion of Paks Nuclear Power Plant The Hungarian National Atomic Energy Authority has granted an important milestone for the construction permit for the expansion of the... 2022.08.26.
Hungarians Are Hooked on Online News According Eurostat research, nine out of ten people in the EU use the internet, and reading online news is one... 2022.08.26.
Hungary Joins Azerbaijan’s Green Electricity Project Hungary's Foreign Minister Péter Szijjártó held talks with Azerbaijan's Minister of Energy about a green electricity project. The European Union's... 2022.08.25.
Independent Petrol Stations Association Calls for Lifting of Fuel Price Cap Gábor Egri, president of the Independent Petrol Stations Association, said that the partial closures of petrol stations on August 19th... 2022.08.23.
Strengthening Hungary’s Energy Sovereignty is Key Addressing the energy crisis is one of the most important challenges, said the Minister for Technology and Industry. László Palkovics... 2022.08.23.
Why Has Standard & Poor Downgraded Hungary’s Outlook According to the rating agency Standard and Poor's, the BBB category means that the country can meet its debt obligations... 2022.08.23.
Wizz Air Faces Investigation by Government Office Low-cost airline Wizz Air is facing an investigation due to numerous complaints from passengers. Wizz Air's competitor, Ryanair, has already... 2022.08.23.
Major Tobacco Industry Development Announced in Hungary The tobacco industry has become a significant sector in Hungary, partly thanks to the Hungarian family-owned Continental Tobacco Zrt. The... 2022.08.23.
