Hungary to Significantly Increase Domestic Gas Production It's a little known fact that Hungary has its own gas fields in the southern part of the country where... 2022.08.12.
EUR 7.4 BN Battery Plant to be Built in Debrecen The city of Debrecen will become the host to the largest industrial investment in Hungarian history The largest investment... 2022.08.12.
Ukrainian Government Piles Pressure on Largest Hungarian Bank Sándor Csányi, CEO of OTP, is looking at options on how to wind down the bank's Russian business According... 2022.08.12.
First Shipment of LNG Arrives in Hungary The first shipment of liquefied natural gas (LNG) has arrived from the Croatian import terminal to Hungary, thus adding a... 2022.08.11.
A German Beast Has Arrived in Hungary Hungarian soldiers train on the PzH2000 in Germany Hungarian Defense Minister Kristóf Szalay-Bobrovniczky has announced on his social media platform... 2022.08.11.
Payrise for Teachers, but the Ball is in Brussels’ Court Few remembers exactly when the dispute or the negotiations between the Hungarian government and teachers’ unions have started about the... 2022.08.10.
After Initial Tightening of Tax-Rules, Finance Ministry to Support Enterprises It would be particularly worthwhile for performers to opt for the EKHO type contributions from September 1st, the Finance Ministry... 2022.08.10.
Thanks to Mol, Friendship Pipeline Can Be Reopened Hungarian multinational oil and gas company, Mol, has held talks with the Ukrainian and Russian sides concerning the restart of... 2022.08.10.
Humble Firewood is Becoming a Precious Commodity Again Due to the energy crisis caused by the war in Ukraine and the EU sanctions, the Hungarian government is to... 2022.08.10.
No Oil Arriving in Hungary via Friendship Oil Pipeline Crude oil has stopped arriving in Hungary via the Friendship II pipeline (Druzhba pipeline) since August 4th, after Russian company... 2022.08.09.
Hungarian Telekom Earns Less due to Windfall Tax and Inflation The windfall tax and the unfavorable economic climate have a mixed impact on Hungarian companies. While some are still making... 2022.08.09.
The Race for Hungarian Borrowers’ Money is Heating up Although interest rates are generally rising in Hungary in tandem with similar European trends, the Hungarian central bank's statistics shows... 2022.08.09.
Hungarians Can Only Refuel Once a Day at MOL Petrol Stations Lukoil limited the amount of fuel, as a result of which Hungarians can only refuel 20 liters on low-pressure wells... 2022.08.08.
Hungarian Real Estate Prices Rose the Steepest in the EU There are soaring real estate prices in Hungary, according to the data of the Central Statistics Office (KSH). In the... 2022.08.08.
Hungarian Government Slaps Ryanair with a Large Fine Hungarian Justice Minister Judit Varga had posted a new update on her social media account regarding the dispute over Ryanair’s... 2022.08.08.
Spar Invests EUR 78 Million in Hungary This Year Spar is investing EUR 78 million (about HUF 30.7 billion) in Hungary this year, the grocery chain told MTI on... 2022.08.05.
No War-Economy: Hungarian Industry’s Performance Better than Expected On Friday, the Hungarian Central Statistical Office (KSH) published that the volume of industrial production in June 2022 was 1.5... 2022.08.05.
Danube Railway Bridge Inaugurated in Budapest One of the most important rail links between Eastern and Western Europe runs through the southern part of Budapest, remarked... 2022.08.05.
August Is Last Month for Hungarian Students to Take Advantage of Tax-Free Employment For one more month, young people eligible for the summer student work scheme can work for their earnings free from... 2022.08.05.
Research: Continuous Gas Supply Essential for Production and Jobs Longer-term disruptions in gas supply would lead to significant reductions in production and consequently also to job losses, especially in... 2022.08.05.
Mol Group Closed the Second Quarter With an Outstanding Result In the second quarter of 2022, Mol Group achieved a "pure" EBITDA (earnings before interest, tax, depreciation and amortisation) estimated... 2022.08.05.
