Semmelweis University and NATO MILMED Forge New Alliance Semmelweis University and the Budapest-based NATO Center of Excellence for Military Medicine have entered into an agreement to organize and... 2024.04.29.
Eurostat Data Reveals that Hungary Has Lowest Household Electricity Prices in the EU Based on Eurostat data, after a steep rise in 2022, EU electricity and gas prices were predicted to fall in... 2024.04.29.
New EU Payment Regulation Mimics the Hungarian Model On April 8, 2024, the regulation on immediate transfers in euros came into force, aiming to enable customers to make... 2024.04.29.
S&P Keeps Hungary in the Investment Recommended Category The international credit rating agency Standard & Poor's Global Ratings affirmed its investment-grade rating of 'BBB-/A-3' on Hungarian government debt... 2024.04.29.
Defense Forces Continuously Developing their Industrial Complex beyond Equipment "We have taken a huge step forward in force generation since 2016, but it is not enough. (...) Today we... 2024.04.29.
Drones with ABV Sensors to be Developed in Central European Cooperation Hungarian Defense Minister Kristóf Szalay-Bobrovniczky (M), Austrian Defense Minister Klaudia Tanner (L), and Slovak Deputy Defense Minister Martin Vojtašovič (R)... 2024.04.26.
First Major Installation of Paks II Nuclear Power Plant Project Complete The first major installation of the Paks II project, the core catcher of Unit 5, is complete. The 730-ton piece... 2024.04.26.
Innovation Program’s Tenders Strengthen the Country’s Competitiveness Hungary's competitiveness is poised to receive a significant boost through tenders totaling almost HUF 340B (EUR 866M) under the János... 2024.04.26.
Natural Gas Supplies from Azerbaijan Start for the First Time in History For the first time in history, natural gas supplies to Hungary from Azerbaijan have started this year, which will make... 2024.04.26.
Fashion Department Store Primark Will Open Its First Unit in Budapest Primark has announced the opening date of its first store in Hungary. The international fashion department store will be located... 2024.04.25.
Drilling of the Fifth Natural Gas Well in Southeastern Hungary Begins The drilling of the fifth well at the Nyékpuszta deposit (southeastern Hungary, Békés County) began over the weekend, the Ministry... 2024.04.25.
China’s Fiberhome to Set up Its Largest European Base in Hungary China's Fiberhome will set up its largest European base in Hungary, where it will manufacture optical cables. The HUF 8... 2024.04.25.
Government Maintains Ban despite Extension of Duty-free Ukrainian Imports by the EP On Tuesday, the European Parliament voted by a large majority to extend the duty-free import of Ukrainian agricultural products for... 2024.04.25.
Fuel Prices Start to Fall after Government Considers Intervention The government is calling on fuel retailers to voluntarily adjust their prices to the regional average so that Hungarian fuel... 2024.04.25.
Minister for National Economy Proposes Government Intervention in Fuel Prices "I will propose the intervention to the government tomorrow," said Márton Nagy, Minister for National Economy, in response to questions... 2024.04.24.
Enterprises Get Boost through Chinese Investment and New Flight Routes View of Shenzhen. Minister of Foreign Affairs and Trade Péter Szijjártó announced an agreement wherein the Chinese government will support... 2024.04.24.
Monetary Council Reduces Central Bank Base Rate by 50 Points Headquarters of the Hungarian National Bank, Budapest. The volatile risk environment will continue to demand a cautious and patient approach... 2024.04.24.
Government to Give a HUF 15 Billion Boost to the Tourism Sector A support program has been launched to boost tourism sector competitiveness, announced the Minister for National Economy, Márton Nagy. The... 2024.04.24.
Hungary to Prepare Next Year’s EU Budget Hungary will hold the rotating presidency of the Council of the European Union this year. The experts at the Ministry... 2024.04.24.
Mercedes-Benz Factory in Kecskemét to Get a New Road A new service road will be designed and built on behalf of the city in the southern industrial park of... 2024.04.23.
Massive Chinese Investments Inject Billions of Euros into Hungary’s Economy The Minister of Foreign Affairs and Trade, Péter Szijjártó announced in Beijing that Chinese companies are investing EUR 15.2B (HUF... 2024.04.23.