Artificial Intelligence Used in Railway Construction Projects Plasser & Theurer SMD 80 tamping machine at the V-Híd's demonstration, during which the last track section of the Budapest-Belgrade... 2025.01.20.
Train Manufacturer Stadler Increases Production Capacity The recent investment by Stadler in Szolnok (central Hungary) is an important milestone for the Hungarian railway industry, and a... 2025.01.20.
Viktor Orbán: The Current Situation at Petrol Stations Is “outrageous” The current situation at Hungarian petrol stations is "outrageous," Viktor Orbán said in his latest video. The Prime Minister explained... 2025.01.20.
OECD Rating Brings Significant Benefits to Domestic Businesses The Hungarian tax system will continue to be one of the most competitive in Europe, as confirmed by the OECD's... 2025.01.20.
British Troops Stationed in Hungary for NATO’s Largest Exercise Steadfast Dart 2025, an exercise involving around 10,000 troops from nine NATO member states, will begin in February. Although the... 2025.01.20.
Traffic Fines to Rise Significantly Traffic authority fees will increase by an average of 35 percent from February 1, 2025, Magyar Nemzet reports, citing the... 2025.01.17.
EU Commission Approves Government’s Budget Plan In its assessment published on Thursday, the European Commission acknowledged that the Hungarian budget would remain stable in the coming... 2025.01.17.
EBRD Funding for Hungarian Programs Doubled in 2024 The European Bank for Reconstruction and Development (EBRD), established in 1991, to help the Central and Eastern European region catch... 2025.01.17.
Rural Towns to Experience a Boom in Development The famous Hotel Palota in Lillafüred, near Miskolc. The Minister of Construction and Transport held a press conference in Miskolc... 2025.01.16.
Fuel Prices Have Risen Dramatically since the Start of the New Year As of today, domestic wholesale fuel prices have increased further: petrol costs 3 forints more gross (0.007 euros) and diesel... 2025.01.16.
Hundreds of Recruits Start Basic Training in the Defense Forces Two companies of recruits have started basic training in two locations at the beginning of the week, and the vast... 2025.01.16.
Train Manufacturer Alstom to Crank Up Production France-based Alstom is building a new logistics hall of 827 square meters at its bogie frame factory in Mátranovák, northern... 2025.01.16.
US Brand Maintains Leading Position in the Commercial Vehicle Market Ford has maintained its 15-year unbroken leadership in the Hungarian commercial vehicle market, with 9,253 new vehicles sold in 2024,... 2025.01.15.
Statistical Data Confirm Fall in Industrial Production In November 2024, industrial production was 4.2 percent below its level than a year earlier, or 2.9 percent adjusted for... 2025.01.15.
Italian Army Tests Lynx Armored Vehicle Produced in Hungary Rheinmetall has confirmed that the Lynx infantry fighting vehicle that the Italian army has received for testing was indeed produced... 2025.01.15.
Latest Data Reveals a Record Year for Tourism 2024 was a new record year for tourism: never before have so many people traveled to Hungary from abroad, never... 2025.01.14.
Defense Spending to Guarantee Robust Military Development The Hungarian government will spend HUF 1,752.3 billion (EUR 4.2 billion) on defense in the 2025 budget. As a result,... 2025.01.14.
Multi-million Euro Development Project Starts in Famous Castle Spa The main building of the Gyula Castle Spa, renovated in 2024. A new series of developments worth over HUF 1... 2025.01.14.
Yet Another Chinese Investment to Create Hundreds of New Jobs The HUF 50 billion (EUR 121 million) investment of Chinese automotive company Xinzhi in Hatvan (some 60 kilometers east from... 2025.01.14.
BYD’s Newest Cargo Ship Expected to Set Sail to Europe The world's largest new-generation vehicle manufacturer is to launch the third ship in its planned fleet of eight car carriers.... 2025.01.10.
No Stopping in the Rise of Real Estate Prices Last year, the price of apartments increased by 7.8 percent nationwide, while in Budapest the average price per square meter... 2025.01.10.