Tourism Sector Hits Record Highs with July Surge In July tourism saw unprecedented success, with nearly 2.4 million visitors utilizing accommodation services, marking a 4.1% increase from last... 2024.08.29.
Area Damaged by Drought Increases Significantly Last week saw a significant increase in the area declared as drought-damaged, with hundreds of thousands of hectares already showing... 2024.08.29.
We are Wasting 100 Megawatts of Solar Energy Daily Over a hundred megawatts of solar energy, one fifth of the output of a Paks reactor, is lost every day... 2024.08.29.
Price Hikes Under Scrutiny After Inflation Control Initiative To address inflation and protect families, the Hungarian government introduced new initiatives, including food price caps, mandatory sales promotions, and... 2024.08.29.
Long-awaited Construction of the Complex Motorway near Esztergom soon to Begin There has been an important development in the construction of one of Hungary's most eagerly awaited motorways, reports Világgazdaság. The... 2024.08.29.
Spanish ‘Nyet’ for the Hungarian Takeover of Train Manufacturer Talgo The Spanish government will not approve the sale of the Spanish train manufacturer Talgo to the Hungarian company Ganz-MaVag Europe,... 2024.08.29.
Higher Prices and Earlier Start of Apple Harvest Make Imports Necessary The drought has also affected apple orchards: the Hungarian Chamber of Agriculture and the FruitVeB Hungarian Interprofessional Organization for Fruit... 2024.08.28.
Unchanged Base Rate Strengthens the Forint Against Other Currencies Building of the Hungarian National Bank The forint strengthened against major currencies after the Monetary Council of the Hungarian National... 2024.08.28.
Production to Start at the Debrecen BMW Group Plant This Year Pre-series production at the BMW plant in Debrecen (eastern Hungary) will start at the end of 2024. The factory will... 2024.08.28.
Defense Forces Expand Reservist Program The training of defense reservists is progressing with eighty-six new recruits beginning their five-week training program near Budapest, reports honvedelem.hu.... 2024.08.27.
Egg Price Increase Inevitable from Autumn to Maintain Production Under the current circumstances, table egg production cannot be sustained, as producer and packaging prices on the domestic market extremely... 2024.08.27.
Traffic Soon to Start on the Serbian Section of the Budapest-Belgrade Railway Line Passenger traffic between Subotica (Szabadka) and Belgrade on the entire Serbian section of the Budapest-Belgrade railway line could start on... 2024.08.27.
Paks II. Nuclear Plant Construction Works Hit Key Milestone Construction works at the Paks Power Plant The construction of the Paks II. Nuclear Power Plant has reached a new... 2024.08.27.
European Commission Sees No Reason for Concern over Ukrainian Oil Blockade The European Commission has rejected a request by Hungary and Slovakia to mediate between Budapest and Bratislava and Ukraine over... 2024.08.26.
“Not Great, Not Terrible Either” – Average Earnings for June Published In June 2024, the average gross earnings of full-time employees were 642 000 HUF (EUR 1620), while the average net... 2024.08.26.
Minimum Wage Expected to Rise Significantly over the Next 3 Years The minimum wage would rise by roughly HUF 140,000 by 2027, said Sándor Czomba, State Secretary for Employment Policy at... 2024.08.23.
Economic Issues to Be the Focus of This Year’s Political Festival in Tihany The Tranzit Festival will be held again in Tihany, on the northern shore of Lake Balaton, with the usual series... 2024.08.23.
Despite Falling Wholesale Prices, Petrol still Expensive at the Pumps The pricing practices of domestic petrol stations have become practically untraceable, with the wholesale price of petrol and diesel constantly... 2024.08.22.
New Transport Action Plan to Facilitate Green Transition The government has announced recently a five-point transport action plan, aiming to change, reform and transform the Hungarian transport system... 2024.08.22.
After Taking the Lead in Battery Production, the Government’s new Goal is Recycling SungEel HiTech Hungary's plant in northern Hungary. On Wednesday, Minister for National Economy Márton Nagy received Kang-Myung Yi, the top... 2024.08.22.
Notable Fuel Price Cuts Announced for Petrol Stations from Thursday It has been a long time since the Hungarian fuel market has seen such a big price cut, writes Világgazdaság.... 2024.08.21.