Germany’s Woes Cast a Shadow on the Hungarian Economy The weakness of the German economy is a major challenge for export-dependent countries of Central Europe. For years, regional cooperation... 2024.01.31.
Foreign Websites to Compete with Domestic Pharmacies The number of Hungarian pharmacies continued to fall last year, but the real problem is the impossibility of selling medicines... 2024.01.31.
“The country’s future is in renewable energy and nuclear power” Hungary is basing its future on renewable energies and nuclear power due to the volatility of electricity and natural gas... 2024.01.31.
Inflation Falling Faster than Expected, yet Central Bank Stays Cautious The Monetary Council of the Hungarian National Bank (MNB) cut the base rate by 75 basis points to 10.00 percent... 2024.01.31.
BYD Purchase Agreement Signed for Szeged Manufacturing Plant The purchase agreement on the site for the future Chinese BYD plant, the world's largest electric car manufacturer, in Szeged... 2024.01.30.
Use of Coal-Fired Power Plants Increases amid Transition to Green Energy "How will global carbon emissions be reduced while coal use in power plants continues to increase?" is the question that... 2024.01.30.
More Hungarians Return to the Country than Leave, Study Finds Although the free movement of workers has been a fundamental principle of the European Union since its foundation, it has... 2024.01.30.
The Two Ends of the New Danube Bridge under Construction Merge The construction of Hungary's 20th bridge's track over the Danube has been completed with the fixing of the last element.... 2024.01.29.
The Large Number of Airbnb Apartments Brings a Tough Fight for Bookings The increase in Airbnb supply in Budapest last year exceeded the growth in foreign tourist arrivals, when overall capacity increased... 2024.01.29.
Study Exposes Massive Financial Losses due to Counterfeiting In Hungary, counterfeiting has incurred a cost of EUR 189 million in lost income and has led to the loss... 2024.01.29.
Inflation Could Fall More Sharply than Expected in January Another surprise in the inflation data cannot be ruled out after December. Consumer prices rose by 5.5% in the last... 2024.01.29.
Minister of Finance: “Disciplined fiscal policy must be continued in 2024” "Sober, moderate, and disciplined policies are crucial, and we must continue our focused fiscal policy this year," stated Minister of... 2024.01.29.
Leading European Agency Recommends Hungary for Investment The Mercedes plant in Kecskemét (central Hungary), one of the many important investments in the automotive sector Scope Ratings recommends... 2024.01.29.
Operational Board Assures No Risk to Security of Winter Energy Supply The Energy Emergency Operational Board has met to take an overall view of the international and domestic energy market situation,... 2024.01.26.
German-Hungarian Chamber of Commerce’s Goal is to Be Predictable in the “Decade of Unpredictability” "We are living in a decade of unpredictability; the global economic environment has presented us with challenges we were not... 2024.01.26.
Spectacular Video Shows Renovation Work at the Hungaroring Despite the winter and the rainy weather, work is still in full swing at the Hungaroring race track in Mogyoród... 2024.01.26.
Cultivated Meat Ban Being Considered, Following the Example of Italy István Nagy, Minister of Agriculture, held a meeting on Thursday with Ettore Prandini, president of Coldiretti, Italy's Farmers Association, on... 2024.01.26.
New Director Takes Over at Mercedes-Benz Plant in Kecskemét Jens Bühler will take up the position of director of the Mercedes-Benz plant in Kecskemét (central Hungary) in January, the... 2024.01.25.
Global Player BioTechUSA Invests HUF 1 Billion to Improve Capacity With an investment of HUF 1 billion (1 EUR= 386 HUF) - of which HUF 245.4 million is state aid... 2024.01.25.
Defense Forces Sell Soviet-Era Infantry Fighting Vehicles to Serbia Serbia has purchased a fleet of 26 BTR-80A armored infantry fighting vehicles from Hungary. The sold Soviet/Russian-made equipment does not... 2024.01.25.
Decision on Fuel Prices: Increases to Continue from Friday Petrol and diesel prices in Hungary will be raised again, based on a recent forecast by Holtankoljak.hu. This is the... 2024.01.25.
