Hungary’s Largest Commercial Bank OTP among the Top 30 in Europe OTP shares are now worth 15 percent more than at the beginning of the year, and on Friday the bank's... 2024.05.06.
Hungary’s Newest Motorway Section Opens to Traffic Hungary's newest motorway section on the M6 between Bóly and Lippó (both in southern Hungary near the border) was recently... 2024.05.03.
SAAB Group to Assist Defense Forces with AI and XR Technologies The Defense Innovation Research Institute (VIKI), supervised by the Ministry of Defense (HM), and the Swedish SAAB Group, the manufacturer... 2024.05.03.
Leading Bank Expects Economic Growth of 2.7 Percent this Year MBH Bank (one of Hungary's leading financial institutions) expects economic growth of 2.7 percent this year, which could reach 3.7... 2024.05.03.
Exceptional Domestic Economic Growth in International Comparison Based on data from the Hungarian Central Statistical Office (KSH), the economy rebounded in the first quarter of 2024, with... 2024.05.02.
Major Developments Announced in Popular Balaton Spa Town There is great potential in Hévíz, not only because of tourism, accounting for a tenth of the country's GDP, but... 2024.05.02.
Defense Forces Use Drones in Combat Practice General Gábor Böröndi, Chief of the General Staff of the Defense Forces, stated that based on the experience of the... 2024.05.02.
Gas Storage Targets Reached ahead of Schedule According to the latest data, gas storage capacity is at 68 percent, well above the expected level and above the... 2024.05.02.
Government Acknowledges Voluntary Fuel Price Reduction "The government is pleased to acknowledge that fuel retailers have grasped and embraced the government's intentions, voluntarily reducing their prices,"... 2024.05.02.
Economy Set to Achieve One of the Highest Growth Rates in the EU The government will gradually reduce the budget deficit and public debt in the coming years, while the Hungarian economy is... 2024.05.02.
MOL Discovers a New Oil Deposit in Central Hungary Crude oil has been found near Tura (central Hungary), providing around 1,000 barrels per day. For the Hungarian oil company... 2024.05.01.
Prices of Both Fuel Types Continue to Decline According to a recent report by holtankoljak.hu, fuel prices continue to decline, reports Világgazdaság. The fuel price monitoring blog indicates... 2024.05.01.
Over 2,000 Hungarians Working in Austria Have Left Their Jobs In the span of just one month, over two thousand Hungarians have left their jobs in Austria, presenting a potentially... 2024.04.30.
Large-scale Rail Industry Cooperation Signed between Hungarian and Tunisian Companies Railway station in Nabeul, Tunisia An agreement has been reached between Ganz, a Hungarian holding company, and its Tunisian partner... 2024.04.30.
Great Wall Motor Could Build Its First European Car Factory in Hungary A major announcement could reportedly be expected next week when Chinese President Xi Jinping visits Budapest. Szabad Európa, citing unnamed... 2024.04.30.
Spectacular Anti-tank Exercise Held by the Defense Forces "The Hungarian government and the Hungarian people are interested in peace. The Hungarian Defense Forces are capable of creating and... 2024.04.30.
Community Supported Agriculture Model Growing in Popularity Although not yet well known, the so-called Community Supported Agriculture (CSA) model has emerged and is spreading in Hungary, Világgazdaság... 2024.04.29.
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.