Paks Nuclear Power Plant Expansion Project Right on Track The Paks investment (in central Hungary) is underway, with 900 people already working on site, and this number is steadily... 2024.07.18.
New Law Enters into Force Tackling Online Criminals A new law will enter into force on August 1 to help authorities crack down on online criminals, Minister of... 2024.07.18.
Innovation Agency to Boost Startups in International Markets From August, the Hungarian Innovation Agency (NIÜ) will relaunch workshops to prepare innovative businesses and startups for international markets through... 2024.07.18.
EUR 290 Million Funding Announced for Budapest Rail Investment The European Commission has recently published the list of investments supported by the CEF (Connecting Europe Facility). Among these supported... 2024.07.18.
Record-Breaking Summer Peak in Electricity Consumption This Monday, Hungarian Electricity Transmission System Operator Ltd. (MAVIR) announced that both this year's summer and all-time summer peak system... 2024.07.17.
Finance Minister: Our EU Presidency’s Goal is Enhancing Competitiveness Hungary's six-month presidency of the Council of the European Union aims to enhance the EU's competitiveness, crucial as Europe faces... 2024.07.17.
Survey Shows Rising Optimism and Investment in SMEs The National Association of Entrepreneurs and Employers (VOSZ) reported no tension in the labor market of domestic enterprises, with no... 2024.07.17.
Surge in Premium Fuel Demand in the Country Motorists filled up with slightly less fuel than a year earlier at the filling stations of the Hungarian Petroleum Association's... 2024.07.16.
Competition Authority Imposes a Record Fine on Booking.com Booking.com failed to comply with its obligations in relation to the previous infringements, and the Hungarian Competition Authority (GVH) imposed... 2024.07.16.
Competition Authority Clears Acquisition of OTP Bank Romania The acquisition of OTP Bank Romania has been approved by the Romanian Competition Authority, economedia.ro reports. As a result, OTP... 2024.07.16.
Expanding Airborne Capabilities with Two More H225M Helicopters Two new H225M aircraft will join the fleet of the Kiss József 86th Helicopter Brigade of the Hungarian Defense Forces... 2024.07.16.
Hungary Bears the Brunt of EU Border Protection Costs, Says Finance Minister Hungary is bearing the financial burden of the European Union's border protection, according to Finance Minister Mihály Varga in an... 2024.07.16.
Booming Sweet Corn Season is Ahead with Stable Supply for Markets and Industry Producers are anticipating a strong season for sweet corn, with ample supply for both the processing industry and consumers, according... 2024.07.15.
A New Chapter Opened on the Road to Carbon Neutrality The first sodium-sulfur (NaS) battery in Hungary can demonstrate the innovative storage of electricity, which was inaugurated at the HUN-REN... 2024.07.15.
Hungary Edges Closer to Meeting 2024 Budget Deficit Target The transparency of budgetary policy has markedly declined since the onset of the pandemic. This is evident from the absence... 2024.07.15.
MOL Group and Lummus Technologies to Launch New Recycling Plant MOL's Tiszaújváros plant MOL Group and Lummus Technology have partnered to launch the first Lummus Advanced Waste Plastic Recycling plant... 2024.07.15.
Initiative of HUF 200B Launched to Boost Livestock Farm Development Minister of Agriculture István Nagy has announced two significant calls for proposals aimed at bolstering the development of livestock farms... 2024.07.15.
New Motorway Section to be Built, Linking up with the Romanian Border The results of the public procurement for the second phase of the M49 expressway have been announced in the European... 2024.07.12.
Timișoara-Szeged Railway Restoration Revives Regional Connectivity The Romanian Minister of Transport, Sorin Grindeanu, announced the approval to restore the rail link between Timișoara (Temesvár, Romania) and... 2024.07.12.
Competition Authority Sends Warning to Low-cost Airlines about Delays The President of the Hungarian Competition Authority (GVH) has sent a warning to the managers of several low-cost airlines operating... 2024.07.12.
Hungary Leads EU in Employment Rates for Young Graduates In 2023, the European Union witnessed a significant milestone in the employment landscape for young graduates aged 20-34. With an... 2024.07.11.