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High Electricity Imports Pose a National Security Risk

Hungary is already facing electricity supply challenges, and electricity demand is expected to grow even further in the 2030s. One...

2024.02.06.

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Rheinmetall Sponsors Széchenyi István University’s Formula Student Team

Rheinmetall is supporting the Arrabona Racing Team, the student team of Széchenyi István University participating in the Formula Student racing...

2024.02.06.

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Employment and Real Incomes Surged in Q4 of 2023

Employment in Hungary saw significant strengthening throughout 2023, marking a turnaround from previous declines in real incomes. This positive trajectory...

2024.02.06.

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Hungarian Agricultural Higher Education Strives to Be a Global Leader

Csaba Gyuricza, Rector of the Hungarian University of Agriculture and Life Sciences (MATE), was awarded the “For the Citizens of...

2024.02.06.

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Economic Analyst Warns against Austerity Measures

It would be a mistake to reintroduce austerity measures that have already failed miserably and proven to be ineffective, as...

2024.02.06.

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Well-Known Model Tops the New Car Market Podium in January

In the first month of the new year, 8,040 passenger cars were registered in Hungary, 274 fewer than in January...

2024.02.06.

Tender to Support Companies Purchasing Electric Vehicles Launched

As of today, companies can apply for subsidies for the purchase of electric vehicles, the Ministry of Energy has announced....

2024.02.05.

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One-day Motorway Vignette to Arrive Next Month

The one-day motorway vignette, that will be valid on all toll roads in Hungary, is expected to be introduced at...

2024.02.05.

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Government Maintains Border Closure until the EU Restricts Grain Imports from Ukraine

What is happening in Western Europe is "the sobering up of Europe, the return to normality," said Minister of Agriculture...

2024.02.05.

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Agreement Closer on the Repurchase of Budapest Airport

An agreement on the buy-back of Budapest Airport could be reached as early as February, Márton Nagy announced at a...

2024.02.05.

Unexpected Changes in the Oil Market, Fuel Prices May Start to Fall Again

The price of Brent oil, being at a very high price of 84 USD at the beginning of last week,...

2024.02.05.

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Minister Szijjártó: Hungarian Presidency to Make Arguments for a European “Eastern Opening”

The European Union is in great need of eastern investments and eastward trade. If the community puts obstacles in their...

2024.02.02.

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Cooperation Agreement to Accelerate Transition to Hydrogen Technologies

Representatives of the hydrogen associations of nine Central European and Baltic states signed the official cooperation agreement of the 3...

2024.02.02.

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Record-Breaking Wheat and Soy Production in 2023

"We set a new record last year. The total amount of agricultural subsidies successfully applied for and paid out exceeded...

2024.02.02.

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Agreement Reached on Mandatory Honey Origin Labeling in the EU

Following a Hungarian initiative and in the interests of honey producers, in the future it will be compulsory to indicate...

2024.02.02.

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Agricultural Organizations Call for Joint EU Action against Ukrainian Crop Dumping

Protesting farmers in Romania The Hungarian farmers’ association MAGOSZ and the Hungarian Chamber of Agriculture (NAK) strongly reject the European...

2024.02.02.

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Minister Encourages U.S. Companies to Reinvest Their Profits in Hungary

One of the American Coca-Cola plants in Hungary The Minister of National Economy Márton Nagy gave a presentation at the...

2024.02.02.

Chinese Battery Factory CATL Starts Recruitment around Debrecen

The Chinese Contemporary Amperex Technology Co. Limited's, (CATL) battery factory in Debrecen (eastern Hungary) is scheduled to start production from...

2024.02.01.

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Polish Oil Giant Expands with 141 Petrol Stations in the Country by Spring

Central Europe's largest multi-energy company, Orlen, will soon operate around 3,500 service stations in seven countries,Világgazdaság reports. The company revealed...

2024.02.01.

Fuel Prices to Rise Again from Friday

From Friday, the wholesale price of petrol and diesel will rise, Index wrote. The purchase price of petrol will increase...

2024.02.01.

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Long-Term Political Agreement Signed to Buy Qatari LNG

A political agreement has been reached on Hungary's purchase of liquefied natural gas (LNG) from Qatar, under which the parties...

2024.02.01.

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