Leading African Energy Company Enters Croatia with the Involvement of MOL The Krk LNG terminal would be one of the supply routes to Europe for Sonatrach, the largest African energy company,... 2024.08.21.
St. Stephen’s Day Air Parade Honors New Officers The Hungarian Defense Forces are gearing up for St. Stephen's Day with exciting events and displays. The celebrations will include... 2024.08.19.
Significant Increase in Vegetable Production over the Past Decade and a Half Domestic vegetable production has made significant efficiency gains in the past decade and a half, most clearly reflected in yields,... 2024.08.16.
Domestic Wages Are Catching up with Czech Salaries The Hungarian wage situation is not as tragic as it is regularly portrayed in the Hungarian press, at least not... 2024.08.16.
High Apple Prices Driven by Weak Harvest Hungary is facing a significant increase in apple prices due to a weak European harvest and lower domestic production, reports... 2024.08.16.
MÁV Sees Record International Travel in 2024 with Surge in Online Ticketing Demand for international rail travel continues to rise, with MÁV-Start (Hungarian State Railways) reporting over 780,000 international travelers in the... 2024.08.16.
Self-driving Robots Support Audi Hungaria’s Production Audi Hungaria started series production of its Premium Platform Electric (PPE) drive last November. A fleet of 30 robots delivers... 2024.08.15.
Livestock Sector’s Performance is Amongst the Best in the EU Hungary's livestock farming sector have shown remarkable growth in the first half of 2024, outpacing many EU countries. Zsolt Feldman,... 2024.08.15.
MOL Invests USD 1B for a Sustainable Future In the latest episode of the MOL Talks podcast, Dávid Kapes, Head of Upstream Sustainable and New Energies, Ádám Horváth,... 2024.08.14.
KFOR’s Multinational Exercise Reinforces Kosovo’s Security A multinational military exercise titled "Bridge is Too Far" was organized by the 30th Hungarian Defense Forces KFOR at the... 2024.08.14.
Bank Rate Changes Affect Loan Terms and Property Prices for Average-Income Buyers A recent press release by money.hu reveals significant changes in bank interest rate discounts linked to income credits during the... 2024.08.13.
New Energy Storage Facility to Ensure Uninterrupted Power Supply in Soroksár Electric utility company E.ON is building a new battery energy storage facility in Soroksár (part of Budapest), which will enable... 2024.08.13.
Major Sport Events Boost Participation in Physical Activities Major international sporting events like the Olympics can significantly boost sports engagement, not just in the host country but internationally,... 2024.08.13.
Preparations Well Underway for the Hungarian Astronauts’ Mission Preparations for Axiom Space's Ax-4 mission, to be led by experienced US astronaut Peggy Whitson, have started for the Hungarian... 2024.08.13.
Significant Increase in the Amount of Biofuel Produced in the Country Rossi Biofuel Zrt., partly owned by MOL, is now capable of producing more than 200,000 tons of biofuel per year,... 2024.08.12.
Ukrainian Honey Could Once Again Be Subject to Customs Duties The volume of Ukrainian honey imports has exceeded the EU quota of more than 44,000 tons, therefore the European Commission... 2024.08.12.
Students Participate in Hungarian Satellite Development Hungary has quintupled its contributions to the European Space Agency (ESA) in the past six years, and next year it... 2024.08.12.
OTP Bank’s Profit Exceeds Expectations In the second quarter of this year, Budapest-based OTP Bank achieved a consolidated adjusted profit after tax of HUF 267.930... 2024.08.09.
July Budgetary Surplus Marks Significant Improvement in Public Finances The Government is enhancing public finances despite external challenges, showing notable progress in budget management and fiscal balance. According to... 2024.08.09.
MOL Group Reports Robust Q2 Financial Results Amid Market Pressures MOL Group reported a strong financial performance in the second quarter of the year, with adjusted EBITDA reaching USD 825M,... 2024.08.09.
Food and Service Prices Rise as Energy Costs Fall In July, consumer prices were on average 4.1 percent higher than a year earlier, as reported by the Hungarian Central... 2024.08.08.