Debrecen Becomes Key Hub for BMW’s Electric Future BMW’s expansion into Debrecen (eastern Hungary) marks a significant milestone in the company’s commitment to electrification and innovation. The company's... 2024.12.04.
Stricter Environmental Controls Imposed on Debrecen Battery Plant The environmental authority has imposed stricter conditions on the Debrecen plant of EcoPro, a South Korean manufacturer specializing in cathodes... 2024.12.04.
Moody’s Withdraws Oil Company MOL’s Ratings Moody's Ratings withdrew its 'Baa3' long-term issuer rating on MOL on Tuesday. The international credit rating agency justified the decision... 2024.12.04.
Development Programs Ensure a Secure Future for the Pork Industry The government is making significant strides in supporting the pork sector through development funding and consumption campaigns. At a press... 2024.12.04.
Foreign Minister: Solution Emerging for Gazprombank Sanctions Hungary has addressed concerns regarding US sanctions on Russia's Gazprombank, ensuring the nation's energy security remains intact, the Foreign Minister... 2024.12.04.
Salgótarján’s S-Bahn Project Gains Government Support János Lázár announced an innovative railway project aimed at transforming public transport in Salgótarján (northern Hungary). The Minister of Construction... 2024.12.04.
Survey Reveals Widespread Fake News Exposure among Youth A recent survey by the National Media and Infocommunications Authority (NMHH) has revealed key insights into the digital habits of... 2024.12.03.
Economic Impact of Christmas Markets: Boost for Tourism and Retail Sectors Experiential spending in Europe, emerging during the pandemic, continues to be a feature. Christmas markets are a major attraction, attracting... 2024.12.03.
Manufacturing Sector Rebounds with New Orders and Production Volume Growth The seasonally adjusted November Purchasing Managers Index (PMI) stood at 50.3, with respondents reporting a slight expansion in November compared... 2024.12.03.
Skills Shortage a Key Challenge for the European Labor Market, Says Minister Márton Nagy, Hungary’s Minister for National Economy, emphasized in Brussels that addressing the shortage of skilled labor remains the most... 2024.12.03.
Fuel Prices Are Set to Drop Further as Brent Oil Prices Fall Fuel prices continue to fall, driven by a decrease in Brent oil prices, reports holtankoljak.hu. On Tuesday, the purchase price... 2024.12.03.
Major Infrastructure Projects to Resume in 2025 The government plans to resume significant infrastructure investments in 2025, allocating HUF 480B (EUR 1.3B) for 300 new projects. This... 2024.12.03.
Safeguarding Energy Supply through Continued Cooperation with Russia Despite the new sanctions, Russia is committed to maintaining Hungary's energy supply, the supply of oil, natural gas, and nuclear... 2024.12.03.
One Billion Euro Hungarian-Ukrainian Border Development Plan Announced Hungary and Ukraine will submit a joint border and road development plan worth one billion euros to Brussels, the Parliamentary... 2024.12.02.
Competition Authority Clears MOL over Price Freeze Dispute The ongoing controversy surrounding Hungary's fuel price freeze, introduced two years ago, has sparked renewed debate, particularly regarding MOL's actions... 2024.12.02.
Trade Surplus Posts EUR 949 Million in September External trade in goods showed a surplus of EUR 949M in September, as reported by the Hungarian Central Statistical Office... 2024.12.02.
Unemployment Hits Historic Low The unemployment rate reached a historic low of 224,914 jobseekers in November 2024, marking a decline of over 1,200 compared... 2024.12.02.
Paks Nuclear Power Plant Project Reaches Another Milestone The Hungarian Atomic Energy Authority has approved the preliminary safety report for the so-called first concrete pour for the Paks... 2024.12.02.
Boeing Passenger Jets to Be Purchased by New Hungarian Airline The chair of Hungary Airlines has signed a memorandum of cooperation with the American manufacturer for the purchase of Boeing... 2024.12.02.
Is Viktor Orbán a Good Leader? Let us ask Elon Musk’s “Grok” Grok is the next best thing. Apparently. It is the artificial intelligence assistant running on Elon Musk's social media platform... 2024.12.01.
Budapest Declaration Could Help Improve European Competitiveness Minister for National Economy Márton Nagy at the COMPET meeting in Brussels Real steps must be taken next year to... 2024.11.29.
