Free Rail Travel for Members of the Hungarian Minority from Neighboring Countries From 1 March 2024, a completely new system will be launched to the discount scheme of MÁV (Hungarian State Railways).... 2024.01.12.
UAE’s Mohamed Alabbar Reportedly Proposes Dubai-Style Skyscraper in Budapest The Burj Khalifa in Dubai, UAE The government has unveiled plans for a groundbreaking economic cooperation agreement with United Arab... 2024.01.12.
Wizz Air’s Appeal against State Aid to TAROM Dismissed The Court of Justice of the European Union (CJEU) has dismissed Wizz Air's appeal against the state aid granted to... 2024.01.12.
Unprecedented Expansion of Domestic Solar Capacity in 2023 By the beginning of this year, the installed capacity of solar PV systems in Hungary has increased by 1,632 megawatts,... 2024.01.12.
A Country with Energy Sovereignty Is Free to Decide the Prices, Says State Secretary The Paks nuclear power plant. A free country is free to decide how it provides the energy its citizens need... 2024.01.12.
BYD Strengthens Its Presence with the Opening of New Dealership in Budapest BYD has signed a strategic retail agreement with the Schiller Car Family (Schiller Autó Család). The Chinese car manufacturer is... 2024.01.12.
Government to Focus On Fortifying the Pillars of Economic Growth The Hungarian government is committed to achieving economic growth exceeding four percent in the current year, with a focus on... 2024.01.11.
Generational Transition Program Launches in the Job Market From Wednesday, companies can apply for the Workplace Generational Transition Program, offering wage supplements to employers who want to ensure... 2024.01.11.
Maize Growers Compensated for Damage Caused by Ukrainian Imports The Ministry of Agriculture announced on Wednesday that it had managed to secure HUF 6 billion (EUR 15.9 million) in... 2024.01.11.
New Models of the World’s Most Modern Tanks Arrive in the Country The development of the armed forces is proceeding at full speed, with the latest equipment constantly arriving, and this morning,... 2024.01.10.
Record Number of Pure Electric Vehicles in the Country There are twice as many vehicles with green number plates in Hungary as at the beginning of 2022, the Ministry... 2024.01.10.
Further Reductions in Deficit and Public Debt Announced In the challenging backdrop of war, energy sanctions, and a volatile global economic scenario, the Hungarian budget faced considerable strain... 2024.01.10.
Government to Clamp Down on the “Shrinking Chocolate Bar” Phenomenon Have you experienced your package of chips getting lighter, and your chocolate bar getting smaller, while the price has remained... 2024.01.10.
Number of Jobseekers Reaches Record Low since 1989 The number of registered jobseekers is at its lowest since the 1989 regime change. Last year, the National Employment Service... 2024.01.10.
Despite Falling Inflation, Consumer Confidence Slowly Growing It will be worth watching the coming months for retailers, as December will see higher sales at the end of... 2024.01.09.
The Country’s Largest Steel Producer Restarts Its Rolling Mills Liberty Dunaújváros, also known as Dunaferr, the country's largest steel producer, has restarted its rolling mills and galvanizing line for... 2024.01.09.
Belgian Company Orders Electric Buses from Hungary Visual design of a bus ordered by the Belgian company The transport authority of the Belgian company of De Lijn... 2024.01.09.
Signals of Recovery in Hungarian Industrial Production The war and sanctions have inflicted substantial damage on the economy, contributing to a 5.8% year-on-year decline in industrial production... 2024.01.09.
Childcare and Home-care Allowances Rising from January 1 Since 2010, the government has prioritized a stable Hungarian economy, fostering resilient families, and supporting family formation, ensuring progress in... 2024.01.08.
Domestic Gas Consumption Has Fallen Sharply in the Last Two Years Last year, the amount of natural gas and electricity used in Hungary continued to fall. In 2023, about 8.5 billion... 2024.01.08.
Newest Section of the M6 Motorway to Open in March The final section of the new motorway linking two countries will be opened in Hungary this spring, and in Croatia... 2024.01.08.
