Econverse V4 Budapest is Calling for Applications from Young Entrepreneurs Organizers are calling for applications for the Econverse Budapest: The First International Startup Competition for Students from the Visegrad 4... 2024.11.08.
Chinese Parent Company Takes over Import Activities for MG in Hungary SAIC Motor, Chinese manufacturer of MG car brand, is to acquire the Hungarian import activities of Duna Motors Disztribúció Kft.,... 2024.11.08.
Giant Liberty Steel Faces Pressure from Government Over Unpaid Wages Factory gate of Dunaferr (Dunaújváros, central Hungary). The government is calling on steel company Liberty Steel in the strongest terms... 2024.11.08.
OTP Bank’s Q3 Profit Surges Beyond Expectations OTP Bank reported a significant third-quarter performance, with consolidated adjusted profit after tax reaching HUF 318.514B (EUR 826M), an 8%... 2024.11.08.
Hungary-China Investment Roundtable Established to Deepen Economic Partnership The Hungary-China Investors Roundtable was established at the end of October with the participation of key business players and business... 2024.11.07.
Defense Forces Expand Capabilities with Newest Tanks, Howitzers and Choppers "The Hungarian Defense Forces are being developed and we are on the way to creating a fully rearmed, modern, new... 2024.11.07.
Transition to Electromobility Cannot be Successful without Germany, Says Economy Minister A BYD Seal electric car at the opening of the Hungarian Battery Week conference E-Mobility Day at Hungexpo Budapest Congress... 2024.11.07.
E.ON Opens New Substation to Support Renewable Energy Integration The E.ON Hungária Group has inaugurated a cutting-edge substation in Zalaszentgrót (western Hungary), reports Világgazdaság. This fully automated, remotely controlled... 2024.11.07.
Chinese Battery Factory CATL to Start Production in Debrecen Next Year Battery cell production is scheduled to start in 2025 at CATL's newly built factory in Debrecen (eastern Hungary), the announcement... 2024.11.07.
Economic Neutrality and Investments to Offset Dependence on German Economy According to calendar-adjusted data of the Hungarian Central Statistical Office (KSH), the volume of industrial production decreased by 5.4 percent... 2024.11.07.
From “Made in Hungary” to “Invented in Hungary”: Vision for Battery Innovation The government's goal is for Hungary to become a European research and development (R&D) center for battery technology by 2030... 2024.11.07.
Third Vecsés Oil Well Boosts MOL’s Domestic Production Drilling rig in the Vecsés oil field. The Vecsés oil field (near Budapest) has delivered on its promises and has... 2024.11.06.
Unicum Fever Hits Germany: Zwack’s Export Sales Skyrocket Unicum is an herbal liquor. The beverage manufacturer Zwack's revenues grew nicely in the first half of this financial year,... 2024.11.06.
German Economic Decline Deeply Impacts Hungarian Manufacturing The Hungarian manufacturing industry is facing one of its toughest years, struggling with technological transitions and Europe's exclusion from world... 2024.11.06.
Thermal Baths to Get a Makeover Thanks to EU Funding More than one and a half billion forints will be used to renovate three spas in Békés County, southeastern Hungary,... 2024.11.06.
EU-Funded Energy Storage Project by MET Group Boosts Renewable Grid MET Dunai Energiatároló, a member of the Swiss-based MET Group, is building an energy storage system with a total nominal... 2024.11.06.
Audi Hungaria Is the Largest Engine Manufacturer in the World Engine production at Audi Hungaria (Győr, northwestern Hungary) started more than 30 years ago, and in the decades since then... 2024.11.06.
A Visit to BYD Headquarters: Foretaste of the Chinese Giant’s Future in Szeged BYD, the world's leading manufacturer of new energy vehicles, announced in 2023 that it would build its first European car... 2024.11.05.
PM Orbán’s Visit: Fostering Economic Growth with Kyrgyzstan Prime Minister Viktor Orbán visited Kyrgyzstan to strengthen bilateral ties, advance economic partnerships, and support Kyrgyzstan's cooperation with the European... 2024.11.05.
High-tech Innovation Center to Be Established with Chinese Cooperation Óbuda University (Budapest) is cooperating with the Wuxi High-Tech Zone in China in the establishment of a high-tech innovation center.... 2024.11.05.
Europe’s Role in the Global Economy Clearly Diminished, Says Finance Minister in Brussels Mihály Varga (C), Hungarian Finance Minister, chairing the meeting, with Thomas Westphal, Head of the European Policy Department (R) and... 2024.11.05.